Dana Foundation Inc
Dana Foundation Inc is a private foundation based in Richmond, Virginia. Its 2024 filing reports grants to charitable organizations, primarily in Virginia, with the listed grants supporting organizations in areas including arts, human services, housing, health, and food assistance.
Dana Foundation Inc at a glance
In short: Dana Foundation Inc gave $72K across 12 grants in 2024 (avg $6K), mostly in Virginia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $72,197
- +61.3% vs 2023
- Grants made (2024)
- 12
- +71.4% vs 2023
- Average grant
- $6,016
- -5.9% vs 2023
- Median grant
- $3,359
- Total assets
- $8,835
- +299.1% vs 2023
- Primary geography
- Virginia (97% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Dana Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. The filing does not describe an application process or required materials.
- Contact
Mailing address: 7 Rio Vista Lane, Richmond, VA 23226
Phone: (804) 270-1300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Dana Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Virginia Museum of Fine Arts ($31K). Together the top 10 received $71K.
Grant Size Distribution
19 grants across all recorded years
The most common grant size was under $50K: 19 grants of 19 (100%).
Geographic Focus
Where this funder awards grants
The 2024 grants were concentrated in Virginia: 97% of grant dollars went to recipients in Virginia and 3% to recipients in North Carolina. The listed recipients were located in Richmond and Glen Allen, Virginia, and Morrisville, North Carolina.
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
States
Cities
How Dana Foundation Inc gives
- 50% of 2024 grantees were also funded in 2023. 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 (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
From 2023 to 2024, annual grant giving ranged from $45K (2023) to $72K (2024). In 2024 it made 12 grants totaling $72K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Virginia Museum of Fine Arts Richmond, VA | General Purposes | $31,227 |
| Scan Richmond, VA | General Purposes | $12,500 |
| Little Hands Richmond, VA | General Purposes | $5,684 |
| Richmond Forum Richmond, VA | General Purposes | $5,000 |
| NAMI-Va Richmond, VA | General Purposes | $4,427 |
| The Next Move Richmond, VA | General Purposes | $3,467 |
| Virginia Supportive Housing Richmond, VA | General Purposes | $3,250 |
| Childrens Home Richmond, VA | General Purposes | $2,744 |
| V Foundation Morrisville, NC | General Purposes | $2,121 |
| Feedmore Richmond, VA | General Purposes | $805 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2024 | $8,835 | $94,018 | $87,397 | $72,197 | 12 | $72,197 | $553 |
| 2023 | $2,214 | $65,140 | $62,926 | $44,771 | 7 | $44,771 | $368 |
Under IRS private-foundation payout rules, Dana Foundation Inc reported a distributable amount of $553 for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In 2024, the foundation reported 12 grants totaling $72,197. Grant amounts ranged from $200 to $31,227, with a median grant of $3,358.
Largest reported grants included $31,227 to Virginia Museum of Fine Arts, $12,500 to SCAN, $5,684 to Little Hands, $5,000 to Richmond Forum, and $4,427 to NAMI-VA. Each was listed for general purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Stanley J Olander Jr as president/treasurer and Marsha Brady Olander as secretary.
Dana Foundation Inc is led by Stanley J. Olander Jr., President & Treasurer on every filing since 2023; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Stanley J. Olander Jr.
President & Treasurer
On filings since 2023
1 hr/week
No compensation reported
Marsha Brady Olander
Secretary
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "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 Dana Foundation Inc
How much does Dana Foundation Inc give each year?
Dana Foundation Inc gave $72K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $45K across 7 grants.
What is Dana Foundation Inc's typical grant size?
Dana Foundation Inc's median grant in 2024 was $3,359, and its average grant was $6,016, across 12 grants on its 2024 IRS Form 990-PF.
Where does Dana Foundation Inc give grants?
Dana Foundation Inc gives mostly in Virginia: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Richmond, VA (10 grants).
Does Dana Foundation Inc give general operating support?
Yes: 100% of Dana Foundation Inc's 2024 grants with a stated purpose (12 of 12) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Dana Foundation Inc's largest grantees?
Dana Foundation Inc's largest 2024 grantees include Virginia Museum of Fine Arts ($31,227), Scan ($12,500) and Little Hands ($5,684), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.
How large is Dana Foundation Inc?
Dana Foundation Inc reported $9K in total assets on its 2024 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $553 (roughly 5% of its investment assets).
How do I apply for a grant from Dana Foundation Inc?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Dana Foundation Inc's EIN?
Dana Foundation Inc's EIN (Employer Identification Number) is 92-1920301. IRS Form 990 filing data is available on this page for 2023–2024.
Does Dana Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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
- IRS filings on file for fiscal years 2023–2024
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Figures come from Dana Foundation Inc'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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