Metropolitan Health Foundation Inc

RICHMOND, VA EIN: 51-0186144

Metropolitan Health Foundation Inc is a private foundation, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 17 grants totaling $144K. Net investment income was $130K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

-1.3% YoY

Annual Giving

$144K

-7.3% YoY

Grant Count

-10.5% YoY

Avg Grant Size

$8K

+3.6% YoY

Under IRS private-foundation payout rules, Metropolitan Health Foundation Inc reported a distributable amount of $93K for 2024 — the minimum it must pay out in qualifying distributions.

About Metropolitan Health Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $750K (100%)

West Virginia $250 (0%)

States

Virginia West Virginia

Cities

ChesterfieldMidlothianMorgantownRichmond

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,540,984	$1,560,603	$1,716,913
Revenue	$144,825	$18,768	$5,165
Expenses	$164,444	$175,078	$176,700
Qualifying Distributions	$148,450	$159,700	$158,097
Net Investment Income	$129,813	$32,958	$22,737
Distributable Amount	$92,871	$90,196	$98,094

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

90 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Virginia Home ($24,000), Crossover Ministries ($20,000), Bright Point Comm College ($16,500).

Recipient	Purpose	Amount
ACCESS NOW INC RICHMOND, VA	PUBLIC WELFARE	$5,000
BON SECOURS HEALTH CARE FND RICHMOND, VA	PUBLIC WELFARE CARE-A-VAN	$5,000
BON SECOURS HEALTH CARE FND RICHMOND, VA	PUBLIC WELFARE-IVNA	$5,000
CHESTERFIELD CHRISTMAS MOTHER CHESTERFIELD, VA	PUBLIC WELFARE	$1,000
CIRCLES RVA INC RICHMOND, VA	PUBLIC WELFARE	$15,000
CROSSOVER MINISTRIES RICHMOND, VA	PUBLIC WELFARE	$20,000
DAILY PLANET RICHMOND, VA	PUBLIC WELFARE	$7,500
GATEWAY HOMES RICHMOND, VA	PUBLIC WELFARE	$6,000
HEALTH BRIGADE RICHMOND, VA	PUBLIC WELFARE	$8,500
HENRICO CHRISTMAS MOTHER RICHMOND, VA	PUBLIC WELFARE	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MALCOLM E RITSCH JR	PRESIDENT	0.5	—
W BARCLAY BRADSHAW	SEC. - TREAS	0.5	—

Frequently Asked Questions

How large is Metropolitan Health Foundation Inc?

As of 2024, Metropolitan Health Foundation Inc holds $1.5M in total assets with $145K in annual revenue. It awarded 17 grants totaling $144K in 2024.

Where does Metropolitan Health Foundation Inc operate?

Metropolitan Health Foundation Inc has awarded grants in Virginia, West Virginia.

What size grants does Metropolitan Health Foundation Inc award?

In 2024, Metropolitan Health Foundation Inc awarded 17 grants totaling $144K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Metropolitan Health Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Metropolitan Health Foundation Inc reported a distributable amount of $93K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Metropolitan Health Foundation Inc's EIN?

Metropolitan Health Foundation Inc's EIN (Employer Identification Number) is 51-0186144. IRS Form 990 filing data is available on this page for 2020–2024.