Honey Foundation
Honey Foundation is a private foundation based in Richmond, Virginia. Its website describes a mission of spreading kindness and supporting kindness education, while its 2025 grants went primarily to Virginia organizations, including charitable, education, sports, and community organizations.
Honey Foundation at a glance
In short: Honey Foundation gave $3.1M across 48 grants in 2025 (avg $64K), mostly in Virginia. 11% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $3,064,575
- +285.7% vs 2024
- Grants made (2025)
- 48
- -5.9% vs 2024
- Average grant
- $63,845
- +309.8% vs 2024
- Median grant
- $5,000
- Total assets
- $9,692,559
- -20.5% vs 2024
- New grantees (estimate)
- 11% first-time grantees (5 of 47, 2025)
- Primary geography
- Virginia (98% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Honey Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 2001 Maywill Street 100, Richmond, VA 23230
Phone: (804) 340-3000
Website: https://honeyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Honey Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Richmond Christian Foundation ($2.2M). Together the top 10 received $2.9M.
Grant Size Distribution
230 grants across all recorded years
The most common grant size was under $50K: 210 grants of 230 (91%).
Geographic Focus
Where this funder awards grants
In 2025, 98% of grant dollars went to recipients in Virginia. The remaining reported shares were Michigan (1%) and North Carolina, South Carolina, and Florida (0% each).
Grant Distribution by State
Share of 2025 grant dollars across all 48 itemized grants.
States
Cities
Is Honey Foundation open to new grantees?
11%
first-time grantees, 2025
In 2025, 5 of 47 grantees (11%) were first-time recipients. First grants averaged $442K; repeat grants $19K. How we count
Medians: $3K first-time, $5K repeat.
- 83% of 2025 grantees were also funded in 2024. Method
- Giving grew 221% from 2022 to 2025. Method
- In 2025 it paid out 596% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $650K (2021) to $3.1M (2025). In 2025 it made 48 grants totaling $3.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Richmond Christian Foundation Glen Allen, VA | Operations | $2,200,000 |
| Greater Richmond Aquatics Partnership North Chesterfield, VA | For new lights in arena & operations | $200,000 |
| RVA Sports Foundation Richmond, VA | Operations | $175,000 |
| PGA Tour Charities Glen Allen, VA | on behalf of SwimRVA | $100,000 |
| The Salvation Army Central Virginia Richmond, VA | Operations | $50,000 |
| United Way of Greater Richmond & Petersbu Richmond, VA | Operations | $45,000 |
| Scholarship America Detroit, MI | Scholarship Awards - Ukrop's Homestyle Foods Scholarship Program | $40,000 |
| Veritas School Richmond, VA | Operations | $33,333 |
| Greater Richmond Partnership Inc Richmond, VA | on behalf of Threads Uniform Agency | $30,000 |
| Sports Backers Richmond, VA | New Headquarters & Operations | $30,000 |
Ready to take the next step with Honey Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $9,692,559 | $663,304 | $3,167,587 | $3,064,575 | 48 | $3,069,373 | $603,754 | $515,245 |
| 2024 | $12,196,842 | $2,027,184 | $869,507 | $794,534 | 51 | $794,547 | $1,958,011 | $524,645 |
| 2023 | $11,039,165 | $1,652,710 | $834,699 | $758,700 | 46 | $758,713 | $1,027,764 | $584,046 |
| 2022 | $10,723,852 | $349,678 | $1,051,740 | $953,825 | 44 | $953,838 | $326,172 | $663,199 |
| 2021 | $11,425,914 | $3,534,116 | $720,045 | $649,550 | 41 | $649,563 | $1,282,326 | $692,070 |
| 2020 | $10,038,153 | $632,686 | $833,319 | $769,518 | 34 | — | $584,375 | $562,200 |
Under IRS private-foundation payout rules, Honey Foundation reported a distributable amount of $515K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to make the world a better place through kind acts and to inspire kindness by sharing stories of those acts. Its website also describes the Kindness Education Program, which teaches life skills such as self-esteem, confidence, communication, leadership, philanthropy, and community involvement.
The 2025 grants included support for a range of organizations. Richmond Christian Foundation, the largest recipient, says it facilitates tax-wise gifts supporting Richmond-area charities and ministries. RVA Sports Foundation says it works to refurbish a Richmond stadium and serves children with special needs through its soccer program. Other recipients included Feed More, whose mission is to fight hunger in Central Virginia, and Greater Richmond Fit4Kids, whose mission is to improve children’s health and wellness through physical activity and healthy eating.
Grantmaking
In 2025, Honey Foundation reported 48 grants totaling $3,064,575. Grant amounts ranged from $500 to $2,200,000, with a median grant of $5,000. The largest awards included $2,200,000 to Richmond Christian Foundation for operations, $200,000 to Greater Richmond Aquatics Partnership for new arena lights and operations, and $175,000 to RVA Sports Foundation for operations. Other notable grants included $100,000 to PGA Tour Charities on behalf of SwimRVA and $50,000 to The Salvation Army Central Virginia for operations.
Leadership & Key People
Officers and directors from IRS filings
Honey Foundation is led by Robert S Ukrop, President on every filing since 2020; 1 of 3 officers listed in 2025 is compensated.
Officers on the 2025 filing
Robert S Ukrop
President
On filings since 2020
1 hr/week
No compensation reported
Robert S Ukrop Jr.
Director
On filings since 2020
1 hr/week
No compensation reported
David J Naquin
Secretary & Treasurer
On filings since 2020
1 hr/week
$15K (2024) → $15K (2025)
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
The highest reported compensation on the 2025 filing was $15K, to David J Naquin (Secretary/Treasurer).
Frequently asked questions about Honey Foundation
How much does Honey Foundation give each year?
Honey Foundation gave $3.1M across 48 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $795K across 51 grants.
What is Honey Foundation's typical grant size?
Honey Foundation's median grant in 2025 was $5,000, and its average grant was $63,845, across 48 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Honey Foundation that year got $442K on average.
Where does Honey Foundation give grants?
Honey Foundation gives mostly in Virginia: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Richmond, VA (29 grants), Henrico, VA (3 grants), Glen Allen, VA (2 grants) and North Chesterfield, VA (2 grants).
Does Honey Foundation give general operating support?
Not in 2025: none of the 48 grants with a stated purpose on Honey Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations" (33 grants).
Who are Honey Foundation's largest grantees?
Honey Foundation's largest 2025 grantees include Richmond Christian Foundation ($2,200,000), Greater Richmond Aquatics Partnership ($200,000) and RVA Sports Foundation ($175,000), according to its 2025 IRS Form 990-PF. Together they received 84% of its itemized 2025 grant dollars.
How large is Honey Foundation?
Honey Foundation reported $9.7M in total assets on its 2025 IRS Form 990-PF. It paid out $3.1M in qualifying distributions that year, against a required minimum of $515K (roughly 5% of its investment assets).
What does Honey Foundation fund?
The foundation’s stated mission is to make the world a better place through kind acts and to inspire kindness by sharing stories of those acts. See mission & focus areas ↑
How do I apply for a grant from Honey Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Honey Foundation's EIN?
Honey Foundation's EIN (Employer Identification Number) is 27-2314439. IRS Form 990 filing data is available on this page for 2020–2025.
Does Honey Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Honey Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Honey Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/honey-foundation-morg_910840b925164f22b03d6b95532cad17
BibTeX
@misc{grantable_272314439_2026,
author = {{Grantable}},
title = {{Honey Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/honey-foundation-morg_910840b925164f22b03d6b95532cad17},
note = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Honey Foundation'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.
Honey Foundation down — hundreds of funders to go?