H7 Foundation

Private foundation · Grantmaker Charlottesville, VA EIN: 62-1668517

H7 Foundation is a private foundation, based in Charlottesville, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53.2M in total assets. In 2024, it awarded 1 grant totaling $5.7M. Net investment income was $1.5M.

Key facts about H7 Foundation

In short: H7 Foundation gave $5.7M across 1 grant in 2024 (avg $5.7M), mostly in Virginia. Source: 2024 IRS Form 990-PF.

EIN
62-1668517
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$5,651,620
Grants made (2024)
1
Average grant
$5,651,620
Median grant
$5,651,620
Total assets
$53,156,603
Primary geography
Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$53.2M

+13.7% YoY

Annual Giving

$5.7M

+77.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$5.7M

+77.5% YoY

Under IRS private-foundation payout rules, H7 Foundation reported a distributable amount of $2.5M for 2024 — the minimum it must pay out in qualifying distributions.

How H7 Foundation gives

  • Giving grew 50% from 2021 to 2024. Method
  • In 2024 it paid out 225% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

CharlottesvilleAlbany

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$4M$6M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $2.6M (2022) to $5.7M (2024). In 2024 it made 1 grant totaling $5.7M.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M4$1–5M1$5M+

The most common grant size was in the $1–5M range: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
See Attached Charlottesville, VAGeneral Charitable Purposes$5,651,620

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$53,156,603$46,762,071$32,901,829
Revenue$1,668,355$4,499,415$8,513,900
Expenses$5,830,654$3,394,942$2,997,255
Qualifying Distributions$5,651,620$3,183,960$2,647,180
Net Investment Income$1,533,684$4,446,979$8,185,158
Distributable Amount$2,515,428$2,425,404$2,182,862

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

H7 Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Molly G Hardie

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert D Hardie

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

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 H7 Foundation

How much does H7 Foundation give each year?

H7 Foundation gave $5.7M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.2M across 1 grant.

How large is H7 Foundation?

H7 Foundation reported $53.2M in total assets on its 2024 IRS Form 990-PF. It paid out $5.7M in qualifying distributions that year, against a required minimum of $2.5M (roughly 5% of its investment assets).

Where does H7 Foundation operate?

H7 Foundation has awarded grants in New York, Virginia.

What is H7 Foundation's EIN?

H7 Foundation's EIN (Employer Identification Number) is 62-1668517. IRS Form 990 filing data is available on this page for 2020–2024.

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

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