Dana Foundation Inc
Dana Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richmond, VA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $9K in total assets. In 2024, it awarded 12 grants totaling $72K.
Key facts about Dana Foundation Inc
In short: Dana Foundation Inc gave $72K across 12 grants in 2024 (avg $6K), mostly in Virginia. Source: 2024 IRS Form 990-PF.
- EIN
- 92-1920301
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $72,197
- Grants made (2024)
- 12
- Average grant
- $6,016
- Median grant
- $3,359
- Total assets
- $8,835
- Primary geography
- Virginia (97% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9K
+299.1% YoY
Annual Giving
$72K
+61.3% YoY
Grant Count
12
+71.4% YoY
Avg Grant Size
$6K
-5.9% YoY
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.
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
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 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $8,835 | $2,214 |
| Revenue | $94,018 | $65,140 |
| Expenses | $87,397 | $62,926 |
| Qualifying Distributions | $72,197 | $44,771 |
| Net Investment Income | — | — |
| Distributable Amount | $553 | $368 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Leadership & Key People
Officers and directors from IRS filings
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).
What is Dana Foundation Inc?
Dana Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richmond, VA. It holds $9K in total assets as of 2024.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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