Cherry Grove Foundation

Private foundation · Grantmaker Richmond, VA EIN: 26-3855291

Cherry Grove Foundation is a private foundation based in Richmond, Virginia. It made 21 grants totaling $121,528 in 2024 to organizations including Virginia educational and cultural institutions, charitable organizations, and a medical research organization.

Cherry Grove Foundation at a glance

In short: Cherry Grove Foundation gave $122K across 21 grants in 2024 (avg $6K), mostly in Virginia. 24% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$121,528
-10.3% vs 2023
Grants made (2024)
21
+16.7% vs 2023
Average grant
$5,787
-23.1% vs 2023
Median grant
$1,000
Total assets
$131,722
+141.0% vs 2023
New grantees (estimate)
24% first-time grantees (5 of 21, 2024; small sample)
Primary geography
Virginia (84% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Cherry Grove Foundation

How to Apply

The 2024 filing lists written requests and names Julious P Smith Jr as the contact. It states that giving is not restricted to preselected organizations and that there are no restrictions on awards.

Review Cycle
None listed.
Deadline
None listed.
Contact

Application contact: Julious P Smith Jr
Mailing address: PO Box 1320, Richmond, VA 23218-1320
Phone: (804) 420-6408

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Cherry Grove Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Virginia Athletics Foundation: $28KVirginia Athletics Foundation$28KUniversity of Virginia: $27KUniversity of Virginia$27KVirginia Museum of Fine Arts Founda: $22KVirginia Museum of Fine ArtsFounda$22KOperating Healing Forces: $10KOperating Healing Forces$10K3 Wide Ministries: $10K3 Wide Ministries$10KFellowship of Christian Athletes: $6KFellowship of ChristianAthletes$6KJr Achievement of Central VA: $4KJr Achievement of Central VA$4KHampden-Sydney College: $4KHampden-Sydney College$4KSt Bridget School: $3KSt Bridget School$3KFocus: $2KFocus$2K

The largest 2024 recipient was Virginia Athletics Foundation ($28K). Together the top 10 received $114K.

Grant Size Distribution

90 grants across all recorded years

88<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 88 grants of 90 (98%).

Geographic Focus

Where this funder awards grants

In 2024, 84% of grant dollars went to recipients in Virginia, 8% to Florida, 5% to Missouri, 1% to Colorado, and 1% to the District of Columbia.

Grant Distribution by State

6states

Share of 2024 grant dollars across all 21 itemized grants.

Cities

RichmondCharlottesvilleWashingtonGlen AllenHampdensydneyKinsaleClearwaterKansas CityGoldenWaterfordWilliamsburg

Is Cherry Grove Foundation open to new grantees?

24%

first-time grantees, 2024

In 2024, 5 of 21 grantees (24%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $3K; repeat grants $7K. How we count

Medians: $2K first-time, $1K repeat.

  • 62% of 2024 grantees were also funded in 2023. Method
  • Giving grew 45% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K19 grants2020 18 grants2021 14 grants2022 18 grants2023 21 grants2024

From 2020 to 2024, annual grant giving ranged from $84K (2021) to $135K (2023). In 2024 it made 21 grants totaling $122K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Virginia Athletics Foundation Charlottesville, VACharitable$27,600
University of Virginia Charlottesville, VAEducational$26,500
Virginia Museum of Fine Arts Founda Richmond, VACharitable$22,328
Operating Healing Forces Clearwater, FLCharitable$10,000
3 Wide Ministries Richmond, VACharitable$10,000
Fellowship of Christian Athletes Kansas City, MOCharitable$6,000
Jr Achievement of Central VA Richmond, VACharitable$4,000
Hampden-Sydney College Hampdensydney, VAEducational$3,500
St Bridget School Richmond, VAEducational$2,500
Focus Golden, COCharitable$1,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$131,722$167,667$124,416$121,52821$122,209$93,957$8,830
2023$54,652$174,339$136,595$135,49518$136,045$98,276$9,034
2022$61,059$86,109$89,362$87,95014$88,312$17,884$11,091
2021$85,042$146,456$85,378$84,10018$84,450$46,784$10,590
2020$63,170$105,850$91,630$90,90019—$38,966$9,192

Under IRS private-foundation payout rules, Cherry Grove Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied purposes, including charitable, educational, and medical research activities. Fellowship of Christian Athletes describes its mission as leading every coach and athlete into a growing relationship with Jesus Christ and its church. Hampden-Sydney College describes its mission as forming good men and good citizens in an atmosphere of sound learning.

Grantmaking

In 2024, the foundation made 21 grants totaling $121,528. Grant amounts ranged from $250 to $27,600, with a median grant of $1,000. Its largest grants included $27,600 to Virginia Athletics Foundation, $26,500 to the University of Virginia, and $22,328 to Virginia Museum of Fine Arts Foundation. Other notable awards included $10,000 each to Operating Healing Forces and 3 Wide Ministries, and $6,000 to Fellowship of Christian Athletes.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Julious P Smith Jr as President and Sherrill P Smith as Vice President.

Cherry Grove Foundation is led by Julious P. Smith Jr., President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Julious P. Smith Jr.

    President

    On filings since 2020

    20 hrs/week

    No compensation reported

  • Sherrill P. Smith

    Vice President

    On filings since 2020

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Cherry Grove Foundation

How much does Cherry Grove Foundation give each year?

Cherry Grove Foundation gave $122K across 21 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $135K across 18 grants.

What is Cherry Grove Foundation's typical grant size?

Cherry Grove Foundation's median grant in 2024 was $1,000, and its average grant was $5,787, across 21 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Cherry Grove Foundation that year got $3K on average.

Where does Cherry Grove Foundation give grants?

Cherry Grove Foundation gives mostly in Virginia: 84% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (8%). The most frequent recipient cities were Richmond, VA (11 grants), Charlottesville, VA (2 grants) and Washington, DC (2 grants).

Does Cherry Grove Foundation give general operating support?

Not in 2024: none of the 21 grants with a stated purpose on Cherry Grove Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (13 grants) and "Educational" (6 grants).

Who are Cherry Grove Foundation's largest grantees?

Cherry Grove Foundation's largest 2024 grantees include Virginia Athletics Foundation ($27,600), University of Virginia ($26,500) and Virginia Museum of Fine Arts Founda ($22,328), according to its 2024 IRS Form 990-PF. Together they received 63% of its itemized 2024 grant dollars.

How large is Cherry Grove Foundation?

Cherry Grove Foundation reported $132K in total assets on its 2024 IRS Form 990-PF. It paid out $122K in qualifying distributions that year, against a required minimum of $9K (roughly 5% of its investment assets).

What does Cherry Grove Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied purposes, including charitable, educational, and medical research activities. See mission & focus areas ↑

How do I apply for a grant from Cherry Grove Foundation?

The 2024 filing lists written requests and names Julious P Smith Jr as the contact. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Cherry Grove Foundation's EIN?

Cherry Grove Foundation's EIN (Employer Identification Number) is 26-3855291. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Cherry Grove Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/cherry-grove-foundation-morg_f9cf3bdf555c4a5fbecda91f5a6d5454

BibTeX
@misc{grantable_263855291_2026,
  author       = {{Grantable}},
  title        = {{Cherry Grove Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/cherry-grove-foundation-morg_f9cf3bdf555c4a5fbecda91f5a6d5454},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Cherry Grove Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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