Private foundation (trust)EIN 546060809Est. 1966-09

HERNDON FOUNDATION

RICHMOND, VA 23235

Total Assets

$121.8M

FY 2024

Annual Giving

$5.6M

FY 2024

Grants Made

138

FY 2024

Avg Grant

$41K

FY 2024

Grant Range

$1K–$1M

Typical

Deadlines

Applications

Financial Snapshot

2024 filing

Total Revenue

$16.1M

Total Expenses

$6.1M

Qualifying Distributions

$5.7M

Distributable Amount

$5.9M

Min. Investment Return

$6.0M

Undistributed Income

$5.8M

Payout rate 96%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.96%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

138 grants

Grant sizes from minimum $1K through median $25K to maximum $1M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $5.7M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

VMI FOUNDATION
$3.7M
7 grants
UNIVERSITY OF RICHMOND
$2.3M
4 grants
J SARGEANT REYNOLDS COMMUNITY COLLEGE EDUCATIONAL FOUNDATION
$775K
6 grants
VIRGINIA MUSEUM OF HISTORY AND CULTURE
$500K
2 grants
CRISTO REY RICHMOND
$377K
6 grants
VCU SCHOOL OF ENGINEERING FOUNDATION
$350K
1 grant
MCV FOUNDATION
$305K
7 grants
VIRGINIA MUSEUM OF HISTORY
$300K
1 grant

Grant Size Distribution

500 grants

<$10K
118
grants
$10–50K
350
grants
$50–250K
22
grants
$250K–1M
10
grants
$1–5M
$5M+

Geographic Focus

7 states

Virginia
$20.1M
99% of total
Florida
$100K
0% of total
District of Columbia
$80K
0% of total
North Carolina
$25K
0% of total
Maine
$25K
0% of total
New Jersey
$20K
0% of total
Maryland
$15K
0% of total

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HERNDON FOUNDATION — Grants, Financials & Contact | Grantivo