Hofheimer-wright Foundation
Hofheimer-wright Foundation is a private foundation, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 3 grants totaling $81K. Net investment income was $161K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+4.5% YoY
Annual Giving
$81K
-11.0% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$27K
+18.6% YoY
Under IRS private-foundation payout rules, Hofheimer-wright Foundation reported a distributable amount of $121K for 2024 — the minimum it must pay out in qualifying distributions.
About Hofheimer-wright Foundation
Based on IRS filings
Hofheimer-wright Foundation is a private foundation, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 3 grants totaling $81K. Net investment income was $161K.
Ready to take the next step with Hofheimer-wright Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,980,384 | $1,894,457 | $1,857,339 |
| Revenue | $176,557 | $142,019 | $193,834 |
| Expenses | $98,566 | $107,819 | $154,509 |
| Qualifying Distributions | $81,250 | $91,333 | $138,750 |
| Net Investment Income | $161,114 | $127,907 | $180,094 |
| Distributable Amount | $120,584 | $110,322 | $110,899 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Princeton University ($51,250), The Valentine Museum ($25,000), St Stephen's Episcopal Church ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PRINCETON UNIVERSITY PRINCETON, NJ | TO PROVIDE FINANCIAL SUPPORT | $51,250 |
| THE VALENTINE MUSEUM RICHMOND, VA | TO PROVIDE FINANCIAL SUPPORT | $25,000 |
| ST STEPHEN'S EPISCOPAL CHURCH RICHMOND, VA | TO PROVIDE FINANCIAL SUPPORT | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WESLEY WRIGHT JR | SECRETARY/TREASURER | — | — |
| ELISE H WRIGHT | PRESIDENT | — | — |
| ELISE P WRIGHT | DIRECTOR | — | — |
| WESLEY WRIGHT III | DIRECTOR | — | — |
Frequently Asked Questions
How large is Hofheimer-wright Foundation?
As of 2024, Hofheimer-wright Foundation holds $2.0M in total assets with $177K in annual revenue. It awarded 3 grants totaling $81K in 2024.
Where does Hofheimer-wright Foundation operate?
Hofheimer-wright Foundation has awarded grants in California, Massachusetts, New Jersey, New York, Ohio, Virginia.
What size grants does Hofheimer-wright Foundation award?
In 2024, Hofheimer-wright Foundation awarded 3 grants totaling $81K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is Hofheimer-wright Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hofheimer-wright Foundation reported a distributable amount of $121K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hofheimer-wright Foundation's EIN?
Hofheimer-wright Foundation's EIN (Employer Identification Number) is 54-6036164. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hofheimer-wright Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.