Foundation For Financial Independence | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Foundation For Financial Independence. Data shown is extracted from Form 990-PF filings.
EIN: 87-2981353
Foundation Overview
Based in Richmond, VA, Foundation For Financial Independence has awarded 16 grants totaling $195,000 to organizations in Virginia. Individual grants range from $5,000 to $20,000, with a median award of $10,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
3 of 4 recipients (75%) were new grantees. Foundation prioritizes discovering new partners. Most funding supports first-time applicants with compelling missions.
Geographic Focus
100% of all grants are concentrated in Virginia, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Virginia, funding concentrates in Richmond (63%), Charlottesville (31%), Glen Allen (6%).
Funding Trajectory
Strong 100% growth in annual giving over 3 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.
Program Areas
Highly focused on community projects with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Foundation For Financial Independence's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Piedmont Housing Alliance | $10,000 | Charlottesville, VA, US | Charitable Support | 2025 |
| Mahogany & Friends Foundation | $5,000 | Charlottesville, VA, US | Charitable Support | 2025 |
| The Center For Working Families | $5,000 | Glen Allen, VA, US | Charitable Support | 2025 |
| The Salvation Army Central Virginia Area Command | $20,000 | Richmond, VA, US | Charitable Support | 2025 |
| Neighborhood Resource Center | $17,500 | Richmond, VA, US | Charitable Support | 2024 |
| Piedmont Housing Alliance | $17,500 | Charlottesville, VA, US | Charitable Support | 2024 |
| Neighborhood Resource Center | $15,000 | Richmond, VA, US | Charitable Support | 2023 |
| The Fountain Fund | $15,000 | Charlottesville, VA, US | Charitable Support | 2023 |
| Neighborhood Resource Center | $15,000 | Richmond, VA, US | Charitable Support | 2023 |
| The Fountain Fund | $15,000 | Charlottesville, VA, US | Charitable Support | 2023 |
| Southside Community Development | $10,000 | Richmond, VA, US | Charitable Support | 2022 |
| Neighborhood Resource Center | $10,000 | Richmond, VA, US | Charitable Support | 2022 |
| Southside Community Development | $10,000 | Richmond, VA, US | Charitable Support | 2022 |
| Neighborhood Resource Center | $10,000 | Richmond, VA, US | Charitable Support | 2022 |
| Southside Community Development | $10,000 | Richmond, VA, US | Charitable Support | 2022 |
| Neighborhood Resource Center | $10,000 | Richmond, VA, US | Charitable Support | 2022 |
Foundations Similar to Foundation For Financial Independence
Discover 5 foundations with comparable assets ($979,396-$1,003,236), similar grant patterns, and geographic focus in VA that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
Evelyn E & Richard J Gunst Foundation
EIN: 54-1988873 | 75 grants awarded |
$992,784
(≈ Similar) |
$6,000
median grant |
Richmond, VA
Same state |
|
|
The Samuel And Robert Decker Foundation
EIN: 52-1532867 | 88 grants awarded |
$995,785
(≈ Similar) |
$5,000
median grant |
Mclean, VA
Same state |
|
|
The Leg Up Foundation
EIN: 88-0583535 | 8 grants awarded |
$981,320
(≈ Similar) |
$5,000
median grant |
Charlottesville, VA
Same state |
|
|
Rrdr Family Giving Foundation Inc
EIN: 87-3041864 | 13 grants awarded |
$979,396
(≈ Similar) |
$10,000
median grant |
Arlington, VA
Same state |
|
|
Miller-daffin Family Foundation
EIN: 34-1973107 | 51 grants awarded |
$1,003,236
(≈ Similar) |
$9,842
median grant |
Manassas, VA
Same state |
|
Related Foundation Resources in VA:
Contact Information
Official contact details for Foundation For Financial Independence as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 87-2981353 |
| Website | https://www.guidestar.org/profile/87-2981353 |
| Address | 919 E MAIN ST STE 950 Richmond, VA 23219-4623 |
Key People (3)
Board members, trustees, and key staff who oversee Foundation For Financial Independence's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Dee Ann Remo |
|---|---|
| Treasurer | John G Jordan Iii |
| Secretary | Charles T Hill Jr |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Foundation For Financial Independence is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
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