Hatcher Broadus and Therma Valentine

RICHMOND, VA EIN: 31-6676617

Hatcher Broadus and Therma Valentine is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $256K in total assets. In 2024, it awarded 2 grants totaling $14K. Net investment income was $18K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$256K

+1.3% YoY

Annual Giving

$14K

-2.4% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

-2.4% YoY

Under IRS private-foundation payout rules, Hatcher Broadus and Therma Valentine reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

About Hatcher Broadus and Therma Valentine

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $76K (100%)

States

Virginia

Cities

PetersburgRichmond

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$256,423	$253,122	$262,534
Revenue	$21,111	$8,595	$16,275
Expenses	$17,810	$18,007	$20,650
Qualifying Distributions	$15,175	$15,541	$17,780
Net Investment Income	$18,444	$6,320	$13,744
Distributable Amount	$16,629	$15,187	$15,468

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Marks United Methodist Church ($7,207), Virginia Baptist Homes ($7,207).

Recipient	Purpose	Amount
ST MARKS UNITED METHODIST CHURCH PETERSBURG, VA	RELIGIOUS	$7,207
VIRGINIA BAPTIST HOMES RICHMOND, VA	RETIREMENT LIVING COMMUNITY	$7,207

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
EVERBLESS FOUNDATION	TRUSTEE	1	$2,318

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Hatcher Broadus and Therma Valentine?

Hatcher Broadus and Therma Valentine is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. It holds $256K in total assets as of 2024.

How large is Hatcher Broadus and Therma Valentine?

As of 2024, Hatcher Broadus and Therma Valentine holds $256K in total assets with $21K in annual revenue. It awarded 2 grants totaling $14K in 2024.

Where does Hatcher Broadus and Therma Valentine operate?

Hatcher Broadus and Therma Valentine has awarded grants in Virginia.

What size grants does Hatcher Broadus and Therma Valentine award?

In 2024, Hatcher Broadus and Therma Valentine awarded 2 grants totaling $14K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Hatcher Broadus and Therma Valentine required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hatcher Broadus and Therma Valentine reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hatcher Broadus and Therma Valentine's EIN?

Hatcher Broadus and Therma Valentine's EIN (Employer Identification Number) is 31-6676617. IRS Form 990 filing data is available on this page for 2019–2024.