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Radiant Point Foundation is a private trust based in HERNDON, VA. The foundation received its IRS ruling in 2017. It holds total assets of $3.1M. Annual income is reported at $213K. Total assets have grown from $1.5M in 2019 to $2.4M in 2022. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Radiant Point Foundation has made 16 grants totaling $122K, with a median grant of $5K. Annual giving has decreased from $51K in 2020 to $21K in 2023. Individual grants have ranged from $1K to $41K, with an average award of $10K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Virginia and Illinois. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Radiant Point Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in VA, IL.
Radiant Point Foundation has distributed a total of $122K across 16 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $1K to $41K.
Radiant Point Foundation typically selects its grantees rather than accepting unsolicited proposals.
Radiant Point Foundation is headquartered in HERNDON, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy Faltemier | TRUSTEE | $0 | $0 | N/A |
| Emily Faltemier | TRUSTEE | $0 | $0 | N/A |
Total Giving
$10K
Total Assets
$2.4M
Fair Market Value
$993K
Net Worth
$2.4M
Grants Paid
$10K
Contributions
N/A
Net Investment Income
$58K
Distribution Amount
$47K
Total: N/A
Total Grants
16
Total Giving
$122K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
5
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Timothy Catholic SchoolCHARITABLE | Chantilly, VA | $13K | 2023 |
| Virginia Native Plant SocietyCHARITABLE | Boyce, VA | $5K | 2023 |
| St Timothy PtoCHARITABLE | Chantilly, VA | $1K | 2023 |
| Student And Global Community EngagementCHARITABLE | Fairfax, VA | $1K | 2023 |
| Alleman High SchoolCHARITABLE | Rock Island, IL | — | 2023 |