Philip L & Noelle C Loving
Philip L & Noelle C Loving is a private foundation, based in North Chesterfield, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $219K in total assets. In 2025, it awarded 6 grants totaling $75K. Net investment income was $5K.
Key facts about Philip L & Noelle C Loving
In short: Philip L & Noelle C Loving gave $75K across 6 grants in 2025 (avg $12K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- EIN
- 84-3262171
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $74,560
- Grants made (2025)
- 6
- Average grant
- $12,427
- Median grant
- $1,500
- Total assets
- $219,426
- Primary geography
- Virginia (58% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$219K
-6.6% YoY
Annual Giving
$75K
-8.9% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$12K
-8.9% YoY
Under IRS private-foundation payout rules, Philip L & Noelle C Loving reported a distributable amount of $11K for 2025 — the minimum it must pay out in qualifying distributions.
How Philip L & Noelle C Loving gives
- Giving held roughly steady from 2022 to 2025 (−3%). Method
- In 2025 it paid out 672% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $29K (2020) to $82K (2024). In 2025 it made 6 grants totaling $75K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was MCV Foundation ($40K). Together the top 6 received $75K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 27 grants of 27 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MCV Foundation Richmond, VA | Charitable | $40,000 |
| Duke University Medical Center Durham, NC | Medical Research | $30,000 |
| Deanna Kirk Richmond, VA | Charitable | $2,000 |
| National Brain Tumor Society Newton, MA | Charitable | $1,000 |
| Massey Cancer Center Richmond, VA | Charity | $1,000 |
| Darren Springer Newport News, VA | Charitable | $560 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $219,426 | $234,884 | $243,473 |
| Revenue | $62,846 | $77,404 | $69,055 |
| Expenses | $78,304 | $85,995 | $77,361 |
| Qualifying Distributions | $74,560 | $81,800 | $75,000 |
| Net Investment Income | $5,471 | $7,569 | $8,431 |
| Distributable Amount | $11,088 | $11,676 | $12,079 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Philip L & Noelle C Loving is led by Larry J. Loving, President on every filing since 2020; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Larry J. Loving
President
On filings since 2020
1 hr/week
No compensation reported
Kate Hamilton
Director
On filings since 2022
1 hr/week
No compensation reported
Christine G. Loving
Vice President
On filings since 2020
1 hr/week
No compensation reported
Katie L. Gilbert
Secretary
On filings since 2020
1 hr/week
No compensation reported
Larry J. Loving Jr.
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Philip L. Loving (2020) — Vice President
Data from IRS Form 990 filings, 2020–2025. "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 Philip L & Noelle C Loving
How much does Philip L & Noelle C Loving give each year?
Philip L & Noelle C Loving gave $75K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $82K across 6 grants.
What is Philip L & Noelle C Loving's typical grant size?
Philip L & Noelle C Loving's median grant in 2025 was $1,500, and its average grant was $12,427, across 6 grants on its 2025 IRS Form 990-PF.
Where does Philip L & Noelle C Loving give grants?
Philip L & Noelle C Loving gives mostly in Virginia: 58% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was North Carolina (40%). The most frequent recipient cities were Richmond, VA (3 grants).
Does Philip L & Noelle C Loving give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Philip L & Noelle C Loving's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (4 grants).
Who are Philip L & Noelle C Loving's largest grantees?
Philip L & Noelle C Loving's largest 2025 grantees include MCV Foundation ($40,000), Duke University Medical Center ($30,000) and Deanna Kirk ($2,000), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.
How large is Philip L & Noelle C Loving?
Philip L & Noelle C Loving reported $219K in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).
What is Philip L & Noelle C Loving's EIN?
Philip L & Noelle C Loving's EIN (Employer Identification Number) is 84-3262171. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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