Duncan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALEM, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $117K in total assets. In 2024, it awarded 32 grants totaling $304K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$117K
+51.7% YoY
Annual Giving
$304K
+95.8% YoY
Grant Count
32
+190.9% YoY
Avg Grant Size
$9K
-32.7% YoY
Under IRS private-foundation payout rules, Duncan Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
About Duncan Foundation
Based on IRS filings
Duncan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALEM, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $117K in total assets. In 2024, it awarded 32 grants totaling $304K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $117,421 | $77,386 | $83,217 |
| Revenue | $345,000 | $150,000 | $50,000 |
| Expenses | $304,965 | $155,831 | $13,535 |
| Qualifying Distributions | $303,500 | $155,000 | $13,535 |
| Net Investment Income | — | — | — |
| Distributable Amount | $4,797 | $3,955 | $3,201 |
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
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include My Brothers Crossing ($53,000), Brittany Mccann Project ($40,000), Cleveland Clinic ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SURGE MINISTRIES CHRISTIANSBURG, VA | PROMOTE SPIRITUAL GROWTH | $10,000 |
| NAACP BALTIMORE, MD | PROMOTE RACIAL EQUALITY | $10,000 |
| BRITTANY MCCANN PROJECT CHRISTIANSBURG, VA | SUPPORT CHILDREN IN FINANCIAL NEED | $40,000 |
| HEALING WHEELS SALEM, VA | ASSIST CANCER PATIENTS | $5,500 |
| SLEEP IN HEAVENLY PEACE ROANOKE, VA | PROVIDE BEDS TO CHILDREN IN NEED | $10,000 |
| MY BROTHERS CROSSING BOONES MILL, VA | SPREAD THE GOSPEL | $53,000 |
| SHILOH BAPTIST CHURCH SALEM, VA | RELIGIOUS DONATION | $2,200 |
| FELLOWSHIP OF CHRISTIAN ATHLETES LYNCHBURG, VA | YOUTH CAMP | $10,000 |
| CLEVELAND CLINIC CLEVELAND, OH | MEDICAL RESEARCH | $20,000 |
| EMMAUS ROAD COMMUNITY SALEM, VA | RELIGIOUS DONATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GARY DUNCAN | PRESIDENT | — | — |
| RHONDA DUNCAN | VICE-PRESIDE | — | — |
| DAVID DUNCAN | SECRETARY/TR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Duncan Foundation?
Duncan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALEM, VA. It holds $117K in total assets as of 2024.
How large is Duncan Foundation?
As of 2024, Duncan Foundation holds $117K in total assets with $345K in annual revenue. It awarded 32 grants totaling $304K in 2024.
Where does Duncan Foundation operate?
Duncan Foundation has awarded grants in Massachusetts, Maryland, Missouri, Ohio, Tennessee, Texas, Virginia, West Virginia.
What size grants does Duncan Foundation award?
In 2024, Duncan Foundation awarded 32 grants totaling $304K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Duncan Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Duncan Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Duncan Foundation's EIN?
Duncan Foundation's EIN (Employer Identification Number) is 85-1547730. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Duncan Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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