Hatcher Broadus and Therma Valentine

Private foundation · Grantmaker Richmond, VA EIN: 31-6676618

Hatcher Broadus and Therma Valentine is a private foundation, based in Richmond, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $263K in total assets. In 2025, it awarded 4 grants totaling $15K. Net investment income was $21K.

Key facts about Hatcher Broadus and Therma Valentine

In short: Hatcher Broadus and Therma Valentine gave $15K across 4 grants in 2025 (avg $4K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
31-6676618
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$15,335
Grants made (2025)
4
Average grant
$3,834
Median grant
$2,500
Total assets
$262,824
Primary geography
Virginia (86% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$263K

+1.9% YoY

Annual Giving

$15K

+4.8% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$4K

+31.1% YoY

Under IRS private-foundation payout rules, Hatcher Broadus and Therma Valentine reported a distributable amount of $18K for 2025 — the minimum it must pay out in qualifying distributions.

How Hatcher Broadus and Therma Valentine gives

  • Giving held roughly steady from 2022 to 2025 (−9%). Method
  • In 2025 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

7states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

Glen AllenAshlandBlacksburgLouisvilleLynchburgRadfordRichmondRiversideAtlantaBostonCharlottesvilleDanvilleHarrisonburgPhiladelphiaWashingtonWinchester

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K6 grants2020 5 grants2021 5 grants2022 3 grants2023 5 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $15K (2024) to $17K (2022). In 2025 it made 4 grants totaling $15K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

United Methodist Foundation of the Virginia Conference Inc: $8KUnited Methodist Foundation ofthe Virginia Conference Inc$8KLiberty University: $3KLiberty University$3KVirginia Tech: $3KVirginia Tech$3KBoyce College: $2KBoyce College$2K

The largest 2025 recipient was United Methodist Foundation of the Virginia Conference Inc ($8K). Together the top 4 received $15K.

Grant Size Distribution

22 grants across all recorded years

22<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 22 grants of 22 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
United Methodist Foundation of the Virginia Conference Inc Glen Allen, VACharitable$8,185
Liberty University Lynchburg, VACharitable$2,500
Virginia Tech Blacksburg, VACharitable$2,500
Boyce College Louisville, KYCharitable$2,150

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10K$20K$30K$40K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$262,824$257,873$255,281
Revenue$23,214$20,598$8,713
Expenses$18,263$18,006$18,163
Qualifying Distributions$15,459$15,389$15,717
Net Investment Income$20,533$17,952$6,442
Distributable Amount$17,752$16,471$15,082

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 26, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Hatcher Broadus and Therma Valentine is led by Everbless, Trustee on every filing since 2022 — the only officer listed, and compensated.

Officers on the 2025 filing

  • Everbless

    Trustee

    On filings since 2022

    1 hr/week

    $2K (2022) → $2K (2025)

Former officers (1)
  • Former: Virginia Baptist Foundation (2020–2021) — Trustee

Data from IRS Form 990 filings, 2020–2025. "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 — Trustee: $2KEverblessTrustee$2K

The highest reported compensation on the 2025 filing was $2K, to Everbless (Trustee).

Frequently asked questions about Hatcher Broadus and Therma Valentine

How much does Hatcher Broadus and Therma Valentine give each year?

Hatcher Broadus and Therma Valentine gave $15K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15K across 5 grants.

What is Hatcher Broadus and Therma Valentine's typical grant size?

Hatcher Broadus and Therma Valentine's median grant in 2025 was $2,500, and its average grant was $3,834, across 4 grants on its 2025 IRS Form 990-PF.

Where does Hatcher Broadus and Therma Valentine give grants?

Hatcher Broadus and Therma Valentine gives mostly in Virginia: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Kentucky (14%).

Does Hatcher Broadus and Therma Valentine give general operating support?

Not in 2025: none of the 4 grants with a stated purpose on Hatcher Broadus and Therma Valentine's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (4 grants).

How large is Hatcher Broadus and Therma Valentine?

Hatcher Broadus and Therma Valentine reported $263K in total assets on its 2025 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Hatcher Broadus and Therma Valentine's EIN?

Hatcher Broadus and Therma Valentine's EIN (Employer Identification Number) is 31-6676618. IRS Form 990 filing data is available on this page for 2020–2025.

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

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