Golden Eagle Foundation

Private foundation · Grantmaker Richmond, VA EIN: 37-6564847

Golden Eagle Foundation is a private foundation, based in Richmond, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2M in total assets. In 2025, it awarded 3 grants totaling $75K. Net investment income was $89K.

Golden Eagle Foundation at a glance

In short: Golden Eagle Foundation gave $75K across 3 grants in 2025 (avg $25K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$75,000
+8.7% vs 2024
Grants made (2025)
3
+0.0% vs 2024
Average grant
$25,000
+8.7% vs 2024
Median grant
$25,000
Total assets
$1,223,701
-0.2% 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 Golden Eagle Foundation funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Central High School: $25KCentral High School$25KStrasburg High School: $25KStrasburg High School$25K

The largest 2025 recipient was Central High School ($25K). Together the top 2 received $50K.

Organizations only. It also paid 1 individual scholarship ($25,000), which are not listed by name.

Grant Size Distribution

15 grants across all recorded years

15<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 15 grants of 15 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 3 itemized grants.

States

Cities

StrasburgWoodstockQuicksburg

How Golden Eagle Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out 105% 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$20K$40K$60K$80K3 grants2019 3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2019 to 2025, annual grant giving ranged from $57K (2019) to $75K (2025). In 2025 it made 3 grants totaling $75K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Central High School Woodstock, VAScholarships$25,000
1 individual scholarship Recipients not named —$25,000
Strasburg High School Strasburg, VAScholarships$25,000
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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$1,223,701$106,040$107,946$75,0003$88,125$89,054$84,287
2024$1,225,607$138,439$101,509$69,0003$81,975$121,575$83,844
2023$1,187,533$150,047$103,593$75,0003$87,975$134,521$75,593
2022$1,141,079$80,166$107,117$75,0003$87,850$64,178$78,691
2021$1,168,030$149,638$92,967$63,0003$75,850$132,521$85,895
2020$1,111,359$32,402$88,926$60,0003—$17,058$76,403
2019$1,167,883$86,790$85,811$57,0003—$72,168$70,631

Under IRS private-foundation payout rules, Golden Eagle Foundation reported a distributable amount of $84K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Golden Eagle Foundation is led by John E. Wetsel Jr., Trustee on every filing since 2019 — the only officer listed, and compensated.

Officers on the 2025 filing

  • John E. Wetsel Jr.

    Trustee

    On filings since 2019

    5 hrs/week

    $12K (2019) → $12K (2025)

Data from IRS Form 990 filings, 2019–2025. "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

John E Wetsel Jr — Trustee: $12KJohn E Wetsel JrTrustee$12K

The highest reported compensation on the 2025 filing was $12K, to John E Wetsel Jr (Trustee).

Frequently asked questions about Golden Eagle Foundation

How much does Golden Eagle Foundation give each year?

Golden Eagle Foundation gave $75K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $69K across 3 grants.

What is Golden Eagle Foundation's typical grant size?

Golden Eagle Foundation's median grant in 2025 was $25,000, and its average grant was $25,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does Golden Eagle Foundation give grants?

Golden Eagle Foundation gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there.

Does Golden Eagle Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Golden Eagle Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships" (3 grants).

How large is Golden Eagle Foundation?

Golden Eagle Foundation reported $1.2M in total assets on its 2025 IRS Form 990-PF. It paid out $88K in qualifying distributions that year, against a required minimum of $84K (roughly 5% of its investment assets).

What is Golden Eagle Foundation's EIN?

Golden Eagle Foundation's EIN (Employer Identification Number) is 37-6564847. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS May 28, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 5, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 3, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 1, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 21, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 7, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 1, 2026)
  8. IRS filings on file for fiscal years 2019–2025

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

Figures come from Golden Eagle 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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