Philip L & Noelle C Loving

Private foundation · Grantmaker North Chesterfield, VA EIN: 84-3262171

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

4states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

RichmondDurhamNewtonChesterLanexaNewport NewsPrince GeorgeArlingtonHenricoMidlothianNorth ChesterfieldTownsend

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K3 grants2020 5 grants2021 5 grants2022 5 grants2023 6 grants2024 6 grants2025

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

MCV Foundation: $40KMCV Foundation$40KDuke University Medical Center: $30KDuke University Medical Center$30KDeanna Kirk: $2KDeanna Kirk$2KNational Brain Tumor Society: $1KNational Brain Tumor Society$1KMassey Cancer Center: $1KMassey Cancer Center$1KDarren Springer: $560Darren Springer$560

The largest 2025 recipient was MCV Foundation ($40K). Together the top 6 received $75K.

Grant Size Distribution

27 grants across all recorded years

27<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 27 grants of 27 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MCV Foundation Richmond, VACharitable$40,000
Duke University Medical Center Durham, NCMedical Research$30,000
Deanna Kirk Richmond, VACharitable$2,000
National Brain Tumor Society Newton, MACharitable$1,000
Massey Cancer Center Richmond, VACharity$1,000
Darren Springer Newport News, VACharitable$560

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
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

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  2. 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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