L & J Goldrich Foundation

VIRGINIA BEACH, VA EIN: 11-6038035

L & J Goldrich 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 $5.7M in total assets. In 2024, it awarded 8 grants totaling $136K. Net investment income was $157K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.7M

+2.5% YoY

Annual Giving

$136K

+201.7% YoY

Grant Count

+166.7% YoY

Avg Grant Size

$17K

+13.1% YoY

Under IRS private-foundation payout rules, L & J Goldrich Foundation reported a distributable amount of $288K for 2024 — the minimum it must pay out in qualifying distributions.

About L & J Goldrich Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $1.1M (98%)

South Carolina $20K (2%)

California $5K (0%)

District of Columbia $150 (0%)

States

California District of Columbia South Carolina Virginia

Cities

Glen AllenMt PleasantNorfolkRamonaRichmondVirginia BeachWashingtonWilliamsburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,713,906	$5,572,232	$5,105,079
Revenue	$341,112	$569,698	$54,060
Expenses	$199,438	$100,580	$57,956
Qualifying Distributions	$151,656	$45,000	—
Net Investment Income	$157,150	$529,487	$71,618
Distributable Amount	$287,711	$256,145	$262,605

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Virginia Stage Company ($65,765), Birdsong Center for Excellence ($20,000), Autism Society of Central Virginia ($10,000).

Recipient	Purpose	Amount
Virginia Stage Company Norfolk, VA	General Support	$65,765
Family & Children's Trust Fund Glen Allen, VA	General Support	$5,000
Hospice House of Hampton Roads Virginia Beach, VA	General Support	$5,000
Autism Society of Central Virginia Richmond, VA	General Support	$10,000
Birdsong Center for Excellence Mt Pleasant, SC	General Support	$20,000
Barry Glass Museum Norfolk, VA	General Support	$10,000
Virginia Museum of Contemporary Art (MOCA) Virginia Beach, VA	General Support	$10,000
D' Art Center Norfolk, VA	General Support	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is L & J Goldrich Foundation?

As of 2024, L & J Goldrich Foundation holds $5.7M in total assets with $341K in annual revenue. It awarded 8 grants totaling $136K in 2024.

Where does L & J Goldrich Foundation operate?

L & J Goldrich Foundation has awarded grants in California, District of Columbia, South Carolina, Virginia.

What size grants does L & J Goldrich Foundation award?

In 2024, L & J Goldrich Foundation awarded 8 grants totaling $136K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is L & J Goldrich Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, L & J Goldrich Foundation reported a distributable amount of $288K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.