Douglas E & M Stewart Albertson

RICHMOND, VA EIN: 85-4340628

Douglas E & M Stewart Albertson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 18 grants totaling $87K. Net investment income was $23K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+25.9% YoY

Annual Giving

$87K

+26.3% YoY

Grant Count

18

+28.6% YoY

Avg Grant Size

$5K

-1.8% YoY

Under IRS private-foundation payout rules, Douglas E & M Stewart Albertson reported a distributable amount of $90K for 2024 — the minimum it must pay out in qualifying distributions.

About Douglas E & M Stewart Albertson

Based on IRS filings

Douglas E & M Stewart Albertson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 18 grants totaling $87K. Net investment income was $23K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BooneGarnerHenricoHillsdaleIrvingtonMemphisRichmondStaten IslandVirginia BeachWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$351K$703K$1M$1M20202021202220232024
Metric202420232022
Total Assets$2,025,439$1,608,303$1,423,646
Revenue$521,044$269,457$93,666
Expenses$103,908$84,800$51,244
Qualifying Distributions$86,500$68,500$36,819
Net Investment Income$23,497$22,421$10,719
Distributable Amount$89,838$69,131$57,511

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$43K$65K$87K0 grants20201 grants20218 grants202214 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HILLSDALE COLLEGE$25KHUNTER CLASSICAL SCHOOL$20KBON AIR BAPTIST CHURCH$5KTUNNELS TO TOWERS FOUNDA…$5KST JUDE CHILDREN'S RESEA…$5KWORLD PEDIATRIC PROJECT$4KST DAVID'S SCHOOL$4KVA WATERCOLOR SOCIETY$3KOPERATION SMILE$3KFAMILY FOUNDATION$2K

Grant Size Distribution

41 grants across all recorded years

41<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hillsdale College ($25,000), Hunter Classical School ($20,000), Bon Air Baptist Church ($5,000).

RecipientPurposeAmount
VA WATERCOLOR SOCIETY RICHMOND, VADONATION$3,000
HUNTER CLASSICAL SCHOOL RICHMOND, VADONATION$20,000
FAMILY FOUNDATION RICHMOND, VADONATION$2,000
BON AIR BAPTIST CHURCH RICHMOND, VADONATION$5,000
HILLSDALE COLLEGE HILLSDALE, MIDONATION$25,000
TUCKAHOE VOLUNTEER RESCUE HENRICO, VADONATION$2,000
TUNNELS TO TOWERS FOUNDATION STATEN ISLAND, NYDONATION$5,000
ST JUDE CHILDREN'S RESEARCH MEMPHIS, TNDONATION$5,000
WORLD PEDIATRIC PROJECT RICHMOND, VADONATION$4,000
OPERATION SMILE VIRGINIA BEACH, VADONATION$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DOUGLAS E ALBERTSONCHAIRMAN/PRE
MARY S ALBERTSONSECRETARY/TR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Douglas E & M Stewart Albertson?

Douglas E & M Stewart Albertson is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. It holds $2.0M in total assets as of 2024.

How large is Douglas E & M Stewart Albertson?

As of 2024, Douglas E & M Stewart Albertson holds $2.0M in total assets with $521K in annual revenue. It awarded 18 grants totaling $87K in 2024.

Where does Douglas E & M Stewart Albertson operate?

Douglas E & M Stewart Albertson has awarded grants in District of Columbia, Michigan, North Carolina, New York, Tennessee, Virginia.

What size grants does Douglas E & M Stewart Albertson award?

In 2024, Douglas E & M Stewart Albertson awarded 18 grants totaling $87K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Douglas E & M Stewart Albertson required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Douglas E & M Stewart Albertson reported a distributable amount of $90K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Douglas E & M Stewart Albertson's EIN?

Douglas E & M Stewart Albertson's EIN (Employer Identification Number) is 85-4340628. IRS Form 990 filing data is available on this page for 2020–2024.

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

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