Larry J Sabato Foundation
Larry J Sabato Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTESVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $84K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.4M
+13.5% YoY
Annual Giving
$84K
+18.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$84K
+18.6% YoY
Under IRS private-foundation payout rules, Larry J Sabato Foundation reported a distributable amount of $104K for 2024 — the minimum it must pay out in qualifying distributions.
About Larry J Sabato Foundation
Based on IRS filings
Larry J Sabato Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTESVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grants totaling $84K. Net investment income was $39K.
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 | $1,376,477 | $1,212,691 | $1,146,101 |
| Revenue | $258,729 | $144,740 | $76,118 |
| Expenses | $94,937 | $78,811 | $115,818 |
| Qualifying Distributions | $86,057 | $70,872 | $101,449 |
| Net Investment Income | $38,798 | $38,041 | $64,615 |
| Distributable Amount | $103,628 | $83,994 | $83,616 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Uva Center for Politics ($83,623).
| Recipient | Purpose | Amount |
|---|---|---|
| UVA CENTER FOR POLITICS CHARLOTTESVILLE, VA | GENERAL PURPOSE OF DONEE | $83,623 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY J SABATO | President | 1 | — |
| KENNETH S STROUPE | Vice President | 1 | — |
| MARY C HUEY | Treasurer | 1 | — |
| GLENN CROSSMAN | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Larry J Sabato Foundation?
Larry J Sabato Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTESVILLE, VA. It holds $1.4M in total assets as of 2024.
How large is Larry J Sabato Foundation?
As of 2024, Larry J Sabato Foundation holds $1.4M in total assets with $259K in annual revenue. It awarded 1 grants totaling $84K in 2024.
Where does Larry J Sabato Foundation operate?
Larry J Sabato Foundation has awarded grants in Virginia.
What size grants does Larry J Sabato Foundation award?
In 2024, Larry J Sabato Foundation awarded 1 grants totaling $84K — an average of about $84K per grant, based on its IRS Form 990 filings.
How much is Larry J Sabato Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Larry J Sabato Foundation reported a distributable amount of $104K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Larry J Sabato Foundation's EIN?
Larry J Sabato Foundation's EIN (Employer Identification Number) is 84-1863389. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Larry J Sabato Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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