Douglas E & M Stewart Albertson
The Douglas E & M Stewart Albertson is a private foundation based in Richmond, Virginia. It makes grants to qualifying public charities and does not carry on charitable activities directly.
Douglas E & M Stewart Albertson at a glance
In short: Douglas E & M Stewart Albertson gave $87K across 18 grants in 2024 (avg $5K), mostly in Virginia. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $86,500
- +26.3% vs 2023
- Grants made (2024)
- 18
- +28.6% vs 2023
- Average grant
- $4,806
- -1.8% vs 2023
- Median grant
- $2,500
- Total assets
- $2,025,439
- +25.9% vs 2023
- Primary geography
- Virginia (54% 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 Douglas E & M Stewart Albertson
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 12 Kanawha Road, Richmond, VA 23226
Phone: (804) 400-6716
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Douglas E & M Stewart Albertson funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Hillsdale College ($25K). Together the top 10 received $76K.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 41 grants of 41 (100%).
Geographic Focus
Where this funder awards grants
In 2024, 54% of grant dollars went to recipients in Virginia and 29% to recipients in Michigan. Recipients in New York and Tennessee each received 6% of grant dollars, and recipients in North Carolina received 5%.
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
Cities
How Douglas E & M Stewart Albertson gives
- 72% of 2024 grantees were also funded in 2023. Method
- Giving grew 116% from 2021 to 2024. Method
- In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2021 to 2024, annual grant giving ranged from $37K (2022) to $87K (2024). In 2024 it made 18 grants totaling $87K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hillsdale College Hillsdale, MI | Donation | $25,000 |
| Hunter Classical School Richmond, VA | Donation | $20,000 |
| Bon Air Baptist Church Richmond, VA | Donation | $5,000 |
| Tunnels to Towers Foundation Staten Island, NY | Donation | $5,000 |
| St Jude Children's Research Memphis, TN | Donation | $5,000 |
| World Pediatric Project Richmond, VA | Donation | $4,000 |
| St David's School Richmond, VA | Donation | $4,000 |
| Va Watercolor Society Richmond, VA | Donation | $3,000 |
| Operation Smile Virginia Beach, VA | Donation | $3,000 |
| Family Foundation Richmond, VA | Donation | $2,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,025,439 | $521,044 | $103,908 | $86,500 | 18 | $86,500 | $23,497 | $89,838 |
| 2023 | $1,608,303 | $269,457 | $84,800 | $68,500 | 14 | $68,500 | $22,421 | $69,131 |
| 2022 | $1,423,646 | $93,666 | $51,244 | $36,819 | 8 | $36,819 | $10,719 | $57,511 |
| 2021 | $1,381,224 | $1,277,876 | $53,573 | $40,000 | 1 | $40,000 | $174,996 | $16,998 |
| 2020 | $326,400 | $326,400 | — | — | — | — | — | $907 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filing states that it makes grants to qualifying public charities; it does not state a separate mission. Its 2024 grants included organizations with varied missions. For example, Operation Smile describes its work as providing surgery for people born with cleft lip and cleft palate and other surgical conditions, along with medical education and health-system support. Oak City Academy describes its mission as providing classical Christian education for grades Pre-K through 12. Samaritan’s Purse describes its work as providing spiritual and physical aid to people affected by war, poverty, natural disasters, disease, and famine.
Grantmaking
In 2024, the foundation made 18 grants totaling $86,500. Grants ranged from $500 to $25,000, with a median grant of $2,500.
Among the largest grants were $25,000 to Hillsdale College, $20,000 to Hunter Classical School, and $5,000 each to Bon Air Baptist Church, Tunnels to Towers Foundation, and St. Jude Children’s Research. Other grants included $4,000 each to World Pediatric Project and St. David’s School; $3,000 each to Virginia Watercolor Society and Operation Smile; and $2,000 each to Family Foundation, Tuckahoe Volunteer Rescue, and Oak City Academy. Samaritan’s Purse also received $2,000 in 2024.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Douglas E Albertson as chairman/president and Mary S Albertson as secretary/treasurer.
Douglas E & M Stewart Albertson is led by Douglas E. Albertson, Chairman & President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Douglas E. Albertson
Chairman & President
On filings since 2020
No compensation reported
Mary S. Albertson
Secretary
On filings since 2022
No compensation reported
Former officers (1)
- Former: M. Stewart Albertson (2020–2021) — Secretary & Treasurer
Data from IRS Form 990 filings, 2020–2024. "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 Douglas E & M Stewart Albertson
How much does Douglas E & M Stewart Albertson give each year?
Douglas E & M Stewart Albertson gave $87K across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $69K across 14 grants.
What is Douglas E & M Stewart Albertson's typical grant size?
Douglas E & M Stewart Albertson's median grant in 2024 was $2,500, and its average grant was $4,806, across 18 grants on its 2024 IRS Form 990-PF.
Where does Douglas E & M Stewart Albertson give grants?
Douglas E & M Stewart Albertson gives mostly in Virginia: 54% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Michigan (29%) and New York (6%). The most frequent recipient cities were Richmond, VA (9 grants) and Henrico, VA (2 grants).
Does Douglas E & M Stewart Albertson give general operating support?
Not in 2024: none of the 18 grants with a stated purpose on Douglas E & M Stewart Albertson's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (18 grants).
Who are Douglas E & M Stewart Albertson's largest grantees?
Douglas E & M Stewart Albertson's largest 2024 grantees include Hillsdale College ($25,000), Hunter Classical School ($20,000) and Bon Air Baptist Church ($5,000), according to its 2024 IRS Form 990-PF. Together they received 58% of its itemized 2024 grant dollars.
How large is Douglas E & M Stewart Albertson?
Douglas E & M Stewart Albertson reported $2.0M in total assets on its 2024 IRS Form 990-PF. It paid out $87K in qualifying distributions that year, against a required minimum of $90K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Douglas E & M Stewart Albertson fund?
The foundation’s filing states that it makes grants to qualifying public charities; it does not state a separate mission. Its 2024 grants included organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Douglas E & M Stewart Albertson?
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 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.
Does Douglas E & M Stewart Albertson 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 2020–2024
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Cite this profile
Grantable. (2026). Douglas E & M Stewart Albertson funder profile. GrantGraph. Retrieved October 25, 2026, from https://grantable.co/funders/douglas-e-and-m-stewart-albertson-morg_9dcc19cea7144cfc8bc27364702a860e
BibTeX
@misc{grantable_854340628_2026,
author = {{Grantable}},
title = {{Douglas E \& M Stewart Albertson funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/douglas-e-and-m-stewart-albertson-morg_9dcc19cea7144cfc8bc27364702a860e},
note = {Accessed 2026-10-25. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Douglas E & M Stewart Albertson'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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