Dana Foundation Inc

Foundation · Grantmaker Richmond, VA EIN: 92-1920301

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

2states

Share of all 12 itemized 2024 grant dollars.

Cities

RichmondMorrisvilleGlen Allen

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K7 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Virginia Museum of Fine Arts: $31KVirginia Museum of Fine Arts$31KScan: $13KScan$13KLittle Hands: $6KLittle Hands$6KRichmond Forum: $5KRichmond Forum$5KNami-Va: $4KNami-Va$4KThe Next Move: $3KThe Next Move$3KVirginia Supportive Housing: $3KVirginia Supportive Housing$3KChildrens Home: $3KChildrens Home$3KV Foundation: $2KV Foundation$2KFeedmore: $805Feedmore$805

Grant Size Distribution

19 grants across all recorded years

19<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
VIRGINIA MUSEUM OF FINE ARTS Richmond, VAGENERAL PURPOSES$31,227
SCAN Richmond, VAGENERAL PURPOSES$12,500
LITTLE HANDS Richmond, VAGENERAL PURPOSES$5,684
RICHMOND FORUM Richmond, VAGENERAL PURPOSES$5,000
NAMI-VA Richmond, VAGENERAL PURPOSES$4,427
THE NEXT MOVE Richmond, VAGENERAL PURPOSES$3,467
VIRGINIA SUPPORTIVE HOUSING Richmond, VAGENERAL PURPOSES$3,250
CHILDRENS HOME Richmond, VAGENERAL PURPOSES$2,744
V FOUNDATION Morrisville, NCGENERAL PURPOSES$2,121
FEEDMORE Richmond, VAGENERAL PURPOSES$805

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K20232024
Metric20242023
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

  1. 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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