Hatcher Broadus and Therma Valentine

Private foundation · Grantmaker Richmond, VA EIN: 31-6676617

Hatcher Broadus and Therma Valentine is a private foundation, based in Richmond, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $262K in total assets. In 2025, it awarded 2 grants totaling $16K. Net investment income was $21K.

Hatcher Broadus and Therma Valentine at a glance

In short: Hatcher Broadus and Therma Valentine gave $16K across 2 grants in 2025 (avg $8K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$15,868
+10.1% vs 2024
Grants made (2025)
2
+0.0% vs 2024
Average grant
$7,934
+10.1% vs 2024
Median grant
$7,934
Total assets
$261,533
+2.0% 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 Hatcher Broadus and Therma Valentine funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

St Marks United Methodist Church: $8KSt Marks United MethodistChurch$8KVirginia Baptist Homes: $8KVirginia Baptist Homes$8K

The largest 2025 recipient was St Marks United Methodist Church ($8K). Together the top 2 received $16K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

PetersburgRichmond

How Hatcher Broadus and Therma Valentine gives

  • Giving held roughly steady from 2022 to 2025 (−7%). Method
  • In 2025 it paid out 90% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K2 grants2019 2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $14K (2021) to $17K (2022). In 2025 it made 2 grants totaling $16K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
St Marks United Methodist Church Petersburg, VAReligious$7,934
Virginia Baptist Homes Richmond, VARetirement Living Community$7,934
Your AI grants department

Ready to take the next step with Hatcher Broadus and Therma Valentine?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$261,533$23,919$18,809$15,8682$15,992$21,230$17,847
2024$256,423$21,111$17,810$14,4142$15,175$18,444$16,629
2023$253,122$8,595$18,007$14,7682$15,541$6,320$15,187
2022$262,534$16,275$20,650$17,0802$17,780$13,744$15,468
2021$266,909$27,204$18,089$14,3142$15,014$24,385$17,779
2020$257,794$20,957$18,412$15,0782—$18,442$15,014
2019$255,249$14,453$18,653$15,2142—$11,855$15,078

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.

Leadership & Key People

Officers and directors from IRS filings

Hatcher Broadus and Therma Valentine's only listed officer is Everbless Foundation, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Everbless Foundation

    Trustee

    On filings since 2022

    1 hr/week

    $2K (2022) → $2K (2025)

Former officers (1)
  • Former: Virginia Baptist Foundation (2019–2021) — Trustee

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

Everbless Foundation — Trustee: $2KEverbless FoundationTrustee$2K

The highest reported compensation on the 2025 filing was $2K, to Everbless Foundation (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 $16K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $14K across 2 grants.

How large is Hatcher Broadus and Therma Valentine?

Hatcher Broadus and Therma Valentine reported $262K in total assets on its 2025 IRS Form 990-PF. It paid out $16K 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.

Where does Hatcher Broadus and Therma Valentine operate?

Hatcher Broadus and Therma Valentine has awarded grants in Virginia.

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 2019–2025.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 10, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS August 26, 2026)
  3. IRS filings on file for fiscal years 2019–2024

Explore Open Grants

Browse active grant opportunities in Hatcher Broadus and Therma Valentine's focus areas in our free grants database

Similar Funders

Funders with grantees in common

More similar funders

More Funders in Virginia

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

Figures come from Hatcher Broadus and Therma Valentine'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.

Hatcher Broadus and Therma Valentine down — hundreds of funders to go?

Want AI to do this for you?