ICL Foundation

Private foundation · Grantmaker Glen Allen, VA EIN: 32-0468950

ICL Foundation is a private foundation focused on Employment, based in Glen Allen, VA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $157K in total assets. In 2025, it awarded 3 grants totaling $10K.

ICL Foundation at a glance

In short: ICL Foundation gave $10K across 3 grants in 2025 (avg $3K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$9,800
+76.4% vs 2024
Grants made (2025)
3
-50.0% vs 2024
Average grant
$3,267
+252.7% vs 2024
Median grant
$3,000
Total assets
$156,678
+36.6% vs 2024
Primary geography
Virginia (69% 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 ICL Foundation funds

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Backpacks of Love: $6KBackpacks of Love$6KUSMX ILA Golf Outing: $3KUSMX ILA Golf Outing$3KFox Holiday Socks: $484Fox Holiday Socks$484

The largest 2025 recipient was Backpacks of Love ($6K). Together the top 3 received $10K.

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 18 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

RichmondNaplesDallasFalls ChurchHopewellMemphisNew YorkNorth BergenPowhatanWestvilleWilmington

How ICL Foundation gives

  • In 2025 it paid out 140% of its IRS minimum distribution (the 5% rule). 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$20K9 grants2023 6 grants2024 3 grants2025

From 2023 to 2025, annual grant giving ranged from $6K (2024) to $18K (2023). In 2025 it made 3 grants totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Backpacks of Love Powhatan, VADonation$6,316
USMX ILA Golf Outing North Bergen, NJDonation$3,000
Fox Holiday Socks Richmond, VADonation$484
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$156,678$53,899$11,907$9,8003$9,800$7,016
2024$114,686$42,804$6,756$5,5576$5,557$4,818
2023$78,638$43,927$18,235$18,2359$18,235$3,024

Under IRS private-foundation payout rules, ICL Foundation reported a distributable amount of $7K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

ICL Foundation is led by Dale R Ross, President since 2024 (on filings since 2023); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Dale R Ross

    President

    Director → President, 2024

    On filings since 2023

    No compensation reported

  • Mark S Workman

    Vice President

    Director → Vice President, 2024

    On filings since 2023

    No compensation reported

  • Thomas P Jenkins Jr.

    Secretary Treasurer

    Director → Secretary Treasurer, 2024

    On filings since 2023

    No compensation reported

Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about ICL Foundation

How much does ICL Foundation give each year?

ICL Foundation gave $10K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6K across 6 grants.

What is ICL Foundation's typical grant size?

ICL Foundation's median grant in 2025 was $3,000, and its average grant was $3,267, across 3 grants on its 2025 IRS Form 990-PF.

Where does ICL Foundation give grants?

ICL Foundation gives mostly in Virginia: 69% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (31%).

Does ICL Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on ICL Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (3 grants).

How large is ICL Foundation?

ICL Foundation reported $157K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $7K (roughly 5% of its investment assets).

What is ICL Foundation?

ICL Foundation is a private foundation focused on Employment, based in Glen Allen, VA. It holds $157K in total assets as of 2025.

What is ICL Foundation's EIN?

ICL Foundation's EIN (Employer Identification Number) is 32-0468950. IRS Form 990 filing data is available on this page for 2023–2025.

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

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 28, 2025)
  3. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  4. IRS filings on file for fiscal years 2023–2024

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

Figures come from ICL 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.

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