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Kovar Corporation

Public charity · Grantmaker Roanoke, VA EIN: 23-7337216 Website

KOVAR Corporation is a Virginia Knights of Columbus public charity based in Roanoke, Virginia. Established in 1971, it provides grants and interest-free home loans to tax-exempt organizations that support Virginians with intellectual disabilities.

Kovar Corporation at a glance

In short: Kovar Corporation gave $554K across 32 grants in 2025 (avg $17K), mostly in Virginia. 44% of 2025 grantees were new. Source: 2025 IRS Form 990.

Annual giving (2025)
$554,011
+0.7% vs 2024
Grants made (2025)
32
+3.2% vs 2024
Average grant
$17,313
-2.5% vs 2024
Median grant
$19,740
Total assets
$2,771,600
+2.2% vs 2024
New grantees (estimate)
44% first-time grantees (14 of 32, 2025)
Primary geography
Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Kovar Corporation

Review Cycle
Applications must be received by the first of the month preceding the board meeting. Meetings are held on the second Saturday of February, April, June, August, October, and December.
Deadline
Applications must be received by the first of the month preceding the board meeting.
Contact

Mailing address: PO Box 20872, Roanoke, VA 24018
Phone: (540) 797-5823
Website: https://kovarva.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Kovar Corporation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Special Olympics Virginia: $25KSpecial Olympics Virginia$25KAlleghany Highlands Community Svcs: $20KAlleghany Highlands CommunitySvcs$20KBiznet Inc DBA Hearts & Homes: $20KBiznet Inc DBA Hearts & Homes$20KCamp Easterseals UCP: $20KCamp Easterseals UCP$20KCole's Horse Autism Therapy Station: $20KCole's Horse Autism TherapyStation$20KEncircle: $20KEncircle$20KHope House Foundation Inc: $20KHope House Foundation Inc$20KLegacy Farms: $20KLegacy Farms$20KMarc of Virginia Inc: $20KMarc of Virginia Inc$20KMedical Home Plus: $20KMedical Home Plus$20K

The largest 2025 recipient was Special Olympics Virginia ($25K). Together the top 10 received $205K.

Grant Size Distribution

140 grants across all recorded years

139<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 139 grants of 140 (99%).

Geographic Focus

Where this funder awards grants

KOVAR describes its work as supporting Virginians with intellectual disabilities. All reported 2025 grant dollars went to recipients in Virginia.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 32 itemized grants.

Cities

RichmondRoanokeCharlottesvilleFredericksburgNorfolkHamptonPurcellvilleViennaVirginia BeachWilliamsburgWinchesterCovingtonFalls ChurchHarrisonburgLeesburgLynchburgWashingtonAlexandriaArlingtonDanville

Is Kovar Corporation open to new grantees?

44%

first-time grantees, 2025

In 2025, 14 of 32 grantees (44%) were first-time recipients. First grants averaged $16K; repeat grants $18K. How we count

Medians: $16K first-time, $20K repeat.

  • 13% of 2025 grantees were also funded in 2024. Method
  • Giving grew 60% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). 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

$0$200K$400K$600K24 grants2021 23 grants2022 30 grants2023 31 grants2024 32 grants2025

From 2021 to 2025, annual grant giving ranged from $345K (2021) to $554K (2025). In 2025 it made 32 grants totaling $554K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Special Olympics Virginia Richmond, VALocal Spec Olympics$25,000
Alleghany Highlands Community Svcs Covington, VARennovate Group Home$20,000
Biznet Inc DBA Hearts & Homes Norfolk, VAHome Windows & Doors$20,000
Camp Easterseals UCP Roanoke, VAPlumbing Rennovation$20,000
Cole's Horse Autism Therapy Station Yorktown, VAPlay Equipment$20,000
Encircle Roanoke, VAGroup Home Furniture$20,000
Hope House Foundation Inc Norfolk, VAHousing Renovations$20,000
Legacy Farms Leesburg, VACooler and Equipment$20,000
Marc of Virginia Inc Lacrosse, VARennovate Fire Doors$20,000
Medical Home Plus Richmond, VAIEP Advisory Support$20,000
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Financial History

Multi-year comparison from IRS filings

Reported financials by filing year:

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$2,771,600$868,070$767,743$554,01132$52,063
2024$2,711,440$724,185$800,536$550,19631$61,923
2023$2,839,722$661,470$695,067$518,09330$29,462
2022$2,810,186$593,886$395,164$346,33923$5,249
2021$2,646,316$511,585$395,382$344,96924$9,738

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

KOVAR states that its mission is to improve the quality of life for Virginians with intellectual disabilities. Its grants support nonprofit organizations providing assistance and opportunities for people with intellectual disabilities; examples in its 2025 grants include housing renovations and furnishings, transportation, equipment, and sports programming. KOVAR also provides interest-free loans for group-home purchases or renovations.

The grantees’ own missions illustrate the range of organizations supported. Special Olympics Virginia describes its work as providing year-round sports training and competition for children and adults with intellectual disabilities. Legacy Farms says it offers apprenticeship-style learning and job opportunities in a neurodiverse community. Hope House Foundation describes supporting people with disabilities to live in their own homes and participate in their communities.

Grantmaking

In filing year 2025, KOVAR reported 32 grants totaling $554,011. Individual grants ranged from $7,500 to $25,000, with a median of $19,740. The maximum grant request is $20,000, and an organization may receive no more than one approved grant every 18 months.

Among the largest reported awards were $25,000 to Special Olympics Virginia for local Special Olympics programming, and $20,000 each to Alleghany Highlands Community Services for a group-home renovation, Camp Easterseals UCP for plumbing renovation, SOAR365 for vehicles, and Medical Home Plus for IEP advisory support.

Grant requests are reviewed by the KOVAR Board at bimonthly meetings. Applicants submit the electronic application and a detailed description of the need, the impact if the request is denied or partly funded, other funding sources pursued, and the number and percentage of clients with intellectual disabilities served. The stated guidelines require at least 80% of clients served to have intellectual disabilities for an organization to receive the full requested amount if approved; below that threshold, an approved grant may be reduced proportionally. The organization’s filing describes a process that includes director interviews, board approval, a signed grant contract, and documentation of spending after funds are delivered.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Edward S. Whitlock III as president; Rick Witty as vice president of audits; Vance F. Stewart III as vice president of finance; Francis Holland as vice president of fundraising; Matthew Wheeler as vice president of grants; Michael Szablak as vice president of home loans; Tim Shea as vice president of strategic matters; Brian Ripple as treasurer; G. Michael Carducci as secretary; and John Cochran as a member.

Kovar Corporation is led by Edward S. Whitlock III, President since 2023 (on filings since 2021); none of the 15 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Edward S. Whitlock III

    President

    Vice President - Home Lo → President, 2023

    On filings since 2021

    10 hrs/week

    No compensation reported

  • Francis Holland

    Vice President - Fundrai

    Director → Vice President - Fundrai, 2022

    On filings since 2021

    10 hrs/week

    No compensation reported

  • J. Charles Curran

    Member

    Director → Vice President - Audits, 2022

    Vice President - Audits → Member, 2024

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Jay Hoffmeier

    Member

    Vice President - Info Te → Member, 2025

    On filings since 2021

    3 hrs/week

    No compensation reported

  • John Cochran

    Member

    President → Member, 2023

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Matthew Wheeler

    Vice President - Grants

    On filings since 2021

    5 hrs/week

    No compensation reported

  • Dan Doyle

    Member

    On filings since 2022

    3 hrs/week

    No compensation reported

  • Kevin Parry

    Member

    On filings since 2022

    3 hrs/week

    No compensation reported

  • Vance F. Stewart III

    Vice President - Finance

    Member → Vice President -- Financ, 2023

    Vice President -- Financ → Vice President - Finance, 2024

    On filings since 2022

    10 hrs/week

    No compensation reported

  • Brian Ripple

    Treasurer

    Member → Treasurer, 2024

    On filings since 2023

    7 hrs/week

    No compensation reported

  • Rick Witty

    Vice President - Audits

    Member → Vice President - Audits, 2024

    On filings since 2023

    5 hrs/week

    No compensation reported

  • G. Michael Carducci

    Secretary

    On filings since 2024

    4 hrs/week

    No compensation reported

  • Michael Szablak

    Vice President - Home Lo

    On filings since 2024

    5 hrs/week

    No compensation reported

  • Timothy Minnich

    Member

    On filings since 2024

    3 hrs/week

    No compensation reported

  • Tim Shea

    Vp-Strategic

    New on the 2025 filing

    4 hrs/week

    No compensation reported

Former officers (11)
  • Former: Timothy Shea (2022–2024) — Member
  • Former: Douglas Blair (2021–2023) — Treasurer
  • Former: Mike Carducci (2022–2023) — Secretary
  • Former: Mike Szablak (2022–2023) — Member
  • Former: Daniel Hurley (2021–2022) — Secretary
  • Former: Dave Pillis (2021–2022) — Member
  • Former: John Escuadra (2021–2022) — Member - Lef
  • Former: Ed Seroskie Sr. (2021) — Vice President - Audit
  • Former: Eugene Rainville (2021) — Secretary
  • Former: Jeffrey Befumo (2021) — Director
  • Former: Steve Lomaka (2021) — Director

Data from IRS Form 990 filings, 2021–2025. "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 Kovar Corporation

How much does Kovar Corporation give each year?

Kovar Corporation gave $554K across 32 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $550K across 31 grants.

What is Kovar Corporation's typical grant size?

Kovar Corporation's median grant in 2025 was $19,740, and its average grant was $17,313, across 32 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Kovar Corporation that year got $16K on average.

Where does Kovar Corporation give grants?

Kovar Corporation gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Richmond, VA (6 grants), Norfolk, VA (2 grants) and Roanoke, VA (2 grants).

Does Kovar Corporation give general operating support?

Not in 2025: none of the 32 grants with a stated purpose on Kovar Corporation's 2025 IRS Form 990 were described as general or operating support.

Who are Kovar Corporation's largest grantees?

Kovar Corporation's largest 2025 grantees include Special Olympics Virginia ($25,000), Alleghany Highlands Community Svcs ($20,000) and Biznet Inc DBA Hearts & Homes ($20,000), according to its 2025 IRS Form 990. Together they received 12% of its itemized 2025 grant dollars.

How large is Kovar Corporation?

Kovar Corporation reported $2.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $868K.

What does Kovar Corporation fund?

KOVAR states that its mission is to improve the quality of life for Virginians with intellectual disabilities. See mission & focus areas ↑

How do I apply for a grant from Kovar Corporation?

Kovar Corporation has no public application process in the sources Grantable reviewed. Check kovarva.org for current guidelines, or contact the foundation directly before submitting a request.

What is Kovar Corporation's EIN?

Kovar Corporation's EIN (Employer Identification Number) is 23-7337216. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(5)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS May 10, 2022)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS March 10, 2023)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS January 5, 2024)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 26, 2024)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS January 29, 2026)

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Cite this profile

Grantable. (2026). Kovar Corporation funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/kovar-corporation-morg_59bba91436d345a79ed4362ba0b7d9a9

BibTeX
@misc{grantable_237337216_2026,
  author       = {{Grantable}},
  title        = {{Kovar Corporation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/kovar-corporation-morg_59bba91436d345a79ed4362ba0b7d9a9},
  note         = {Accessed 2026-10-13. 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 Kovar Corporation'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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