Foundation for Financial Independence

RICHMOND, VA EIN: 87-2981353

Foundation for Financial Independence is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $721K in total assets. In 2024, it awarded 2 grants totaling $35K. Net investment income was $21K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$721K

+13.5% YoY

Annual Giving

$35K

+16.7% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$18K

+16.7% YoY

About Foundation for Financial Independence

Based on IRS filings

Foundation for Financial Independence is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $721K in total assets. In 2024, it awarded 2 grants totaling $35K. Net investment income was $21K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CharlottesvilleRichmond

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$127K$253K$380K$506K2021202220232024
Metric202420232022
Total Assets$721,243$635,399$564,861
Revenue$121,096$100,741$125,052
Expenses$35,253$30,203$20,194
Qualifying Distributions$35,000$30,000$20,000
Net Investment Income$20,884$12,776$9,768
Distributable Amount$34,459$27,383$21,709

Giving Over Time

Total grant dollars and number of grants per year

$0$9K$18K$26K$35K0 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

NEIGHBORHOOD RESOURCE CE…$18KPIEDMONT HOUSING ALLIANCE$18K

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
DEE ANN REMOPRESIDENT1
JOHN G JORDAN IIITREASURER1
CHARLES T HILL JRSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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