Educational and Benevolent Foundation

Private foundation · Grantmaker Richmond, VA EIN: 54-1779633

Educational and Benevolent Foundation is a private foundation, based in Richmond, VA. IRS filing data is available from 2018 through 2025. As of 2025, the organization holds $297K in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $24K.

Educational and Benevolent Foundation at a glance

In short: Educational and Benevolent Foundation gave $20K across 1 grant in 2025 (avg $20K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$20,000
-50.0% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$20,000
-50.0% vs 2024
Median grant
$20,000
Total assets
$296,893
+1.2% vs 2024
Primary geography
Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Educational and Benevolent Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Grace Inside: $20KGrace Inside$20K

The largest 2025 recipient was Grace Inside ($20K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

GretnaHenricoDanville

How Educational and Benevolent Foundation gives

  • Giving fell 20% from 2022 to 2025. Method
  • In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2018 2 grants2019 0 grants2020 0 grants2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $15K (2023) to $40K (2024). In 2025 it made 1 grant totaling $20K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Grace Inside Henrico, VAGeneral Funding$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$296,893$26,824$23,402$20,0001$20,000$23,646$19,993
2024$293,471$29,376$43,660$40,0001$40,761$26,442$19,259
2023$307,755$9,126$18,714$15,0001$15,773$7,454$17,990
2022$317,343$20,837$29,035$25,0001$25,700$17,838$18,165
2021$325,541$27,507$4,247——$700$24,198$20,985
2020$302,281$19,950$3,806———$17,125$16,958
2019$286,137$16,980$28,903$25,0002—$14,050$16,732
2018$298,060$16,620$3,831———$13,636$16,569

Under IRS private-foundation payout rules, Educational and Benevolent Foundation reported a distributable amount of $20K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Educational and Benevolent Foundation's only listed officer is Everbless Foundation, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Everbless Foundation

    Trustee

    On filings since 2022

    1 hr/week

    $3K (2022) → $3K (2025)

Former officers (1)
  • Former: Virginia Baptist Foundation (2018–2021) — Trustee

Data from IRS Form 990 filings, 2018–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Everbless Foundation — Trustee: $3KEverbless FoundationTrustee$3K

The highest reported compensation on the 2025 filing was $3K, to Everbless Foundation (Trustee).

Frequently asked questions about Educational and Benevolent Foundation

How much does Educational and Benevolent Foundation give each year?

Educational and Benevolent Foundation gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $40K across 1 grant.

How large is Educational and Benevolent Foundation?

Educational and Benevolent Foundation reported $297K in total assets on its 2025 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $20K (roughly 5% of its investment assets).

Where does Educational and Benevolent Foundation operate?

Educational and Benevolent Foundation has awarded grants in Virginia.

What is Educational and Benevolent Foundation's EIN?

Educational and Benevolent Foundation's EIN (Employer Identification Number) is 54-1779633. IRS Form 990 filing data is available on this page for 2018–2025.

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

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2018 (received by the IRS May 15, 2019)
  2. Added Form 990-PF for fiscal year 2019 (received by the IRS April 10, 2020)
  3. Added Form 990-PF for fiscal year 2025 (received by the IRS August 13, 2026)
  4. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Educational and Benevolent Foundation'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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