Danville Regional Foundation

DANVILLE, VA EIN: 20-3319727

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$281.9M

+5.8% YoY

Annual Giving

$11.2M

-8.1% YoY

Grant Count

88

+95.6% YoY

Avg Grant Size

$128K

-53.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$8M$16M$24M$32M20202021202220232024
Metric202420232022
Total Assets$281,905,646$266,334,754$247,460,504
Revenue$16,358,419$13,320,686$26,099,177
Expenses$11,820,038$16,560,686$14,752,598
Qualifying Distributions$13,391,127$14,478,695$18,633,078
Net Investment Income$13,747,753$10,186,008$23,874,367
Distributable Amount$13,428,765$12,339,480$12,005,978

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$8M$12M$16M35 grants202052 grants202153 grants202245 grants202388 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AVERETT UNIVERSITY$3.0MCITY OF DANVILLE VA$2.0MSOUTHSIDE BUSINESS TECHN…$1.7MSMART BEGINNINGS$907KAVERETT UNIVERSITY$500KPIEDMONT COMMUNITY COLLEGE$500KCOMMUNITY FOUNDATION OF …$300KINSTITUTE FOR ADVANCED L…$298KRIVER DISTRICT ASSOCIATION$250KCITY OF DANVILLE PARKS A…$192K

Grant Size Distribution

273 grants across all recorded years

185<$50K13$50–100K26$100–250K21$250–500K12$500K–1M16$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Danville Regional Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

CLARK CASTEELPRESIDENT AND CEO$318KJON C SELLSCFO AND TREASURER$156KSHIRLEY JOO HITESECRETARY & EXECUTIVE ASSIST…$70K

From 2024 filing

NameTitleHoursCompensation
CLARK CASTEELPRESIDENT AND CEO40$318,226
JON C SELLSCFO AND TREASURER40$155,738
ALEXIS EHRHARDTCHAIR1
PAUL IRWINVICE CHAIR1
SHIRLEY JOO HITESECRETARY & EXECUTIVE ASSISTANT35$70,377
CHARLES MAJORSDIRECTOR1
MARTHA A WALKERDIRECTOR1
JIM BEBEAUDIRECTOR1
MAGGY GREGORYDIRECTOR1
MAURICE FERRELLDIRECTOR1
PAUL ASHWORTHDIRECTOR1
GREG HAIRSTONDIRECTOR1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

2states

Cities

AldieAltavistaBlacksburgBlairsCharlottesvilleChathamDanvilleEdenFront RoyalGretnaHurtMartinsvilleMiltonPelhamProvidenceRichmondRinggoldRoanokeSemoraSutherlin

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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