TO PROVIDE FINANCIAL ASSISTANCE THROUGH GRANTS AND LOANS TO CHARITABLE ORGANIZATIONS THAT PROVIDE TRAINING AND ASSISTANCE TO CITIZENS WITH INTELLECTUAL DISABILITIES IN THE COMMONWEALTH OF VIRGINIA
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
-4.5% YoY
Annual Giving
$550K
+6.2% YoY
Grant Count
31
+3.3% YoY
Avg Grant Size
$18K
+2.8% YoY
About Kovar Corporation
Based on IRS filings
Kovar Corporation is a nonprofit organization focused on Human Services, based in ROANOKE, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 31 grants totaling $550K. Net investment income was $62K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,711,440 | $2,839,722 | $2,810,186 |
| Revenue | $724,185 | $661,470 | $593,886 |
| Expenses | $800,536 | $695,067 | $395,164 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $61,923 | $29,462 | $5,249 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
108 grants across all recorded years
Open Grants
1 open opportunity from Kovar Corporation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD S WHITLOCK III | PRESIDENT | 10 | — |
| RICK WITTY | VP - AUDITS | 5 | — |
| VANCE F STEWART III | VP - FINANCE | 10 | — |
| FRANCIS HOLLAND | VP - FUNDRAI | 10 | — |
| MATTHEW WHEELER | VP - GRANTS | 5 | — |
| MICHAEL SZABLAK | VP - HOME LO | 5 | — |
| JAY HOFFMEIER | VP - INFO TE | 4 | — |
| BRIAN RIPPLE | TREASURER | 7 | — |
| G MICHAEL CARDUCCI | SECRETARY | 4 | — |
| JOHN COCHRAN | MEMBER | 3 | — |
| J CHARLES CURRAN | MEMBER | 3 | — |
| DAN DOYLE | MEMBER | 3 | — |
| KEVIN PARRY | MEMBER | 3 | — |
| TIMOTHY SHEA | MEMBER | 3 | — |
| TIMOTHY MINNICH | MEMBER | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Kovar Corporation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities