Plageman Family Foundation

Foundation · Grantmaker Richmond, VA EIN: 26-0627805

Plageman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richmond, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $355K in total assets. In 2024, it awarded 5 grants totaling $20K. Net investment income was $3K.

Key facts about Plageman Family Foundation

EIN: 26-0627805
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $20,000
Grants made (2024): 5
Average grant: $4,000
Median grant: $3,000
Total assets: $354,674
Primary geography: Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Plageman Family Foundation funds

By grant dollars, the top recipient states for Plageman Family Foundation's 5 itemized 2024 grants were Virginia (100%). The most frequent recipient cities were Richmond, VA (4 grants). 100% of grants with a stated purpose were for general or operating support.

How Plageman Family Foundation gives

Giving grew 42% from 2021 to 2024. Method
In 2024 it paid out 101% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Plageman Family Foundation

How to evaluate Plageman Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Plageman Family Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$355K

-3.3% YoY

Annual Giving

$20K

+20.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$4K

+20.5% YoY

Under IRS private-foundation payout rules, Plageman Family Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About Plageman Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with Plageman Family Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $20K (100%)

Share of all 5 itemized 2024 grant dollars.

States

Virginia

Cities

RichmondBristowGlen AllenRidge

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$354,674	$366,667	$381,111
Revenue	$12,684	$6,064	$32,066
Expenses	$24,677	$20,508	$16,620
Qualifying Distributions	$24,677	$20,508	$16,620
Net Investment Income	$2,849	$3,521	$18,946
Distributable Amount	$24,447	$21,646	$20,096

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Grant Size Distribution

23 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Benedictine Schools of Richmond ($7,500), St Josephs Villa ($5,000), Cover One Foundation ($3,000).

Recipient	Purpose	Amount
Benedictine Schools of Richmond Richmond, VA	General Operating Support	$7,500
St Josephs Villa Richmond, VA	General Operating Support	$5,000
Cover One Foundation Ridge, VA	General Operating Support	$3,000
Comfort Zone Richmond, VA	General Operating Support	$2,500
St Peters Church Richmond, VA	General Operating Support	$2,000

Leadership & Key People

Officers and directors from IRS filings

Plageman Family Foundation is led by Shannon Garbett, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

Shannon Garbett

President

On filings since 2020

1 hr/week

No compensation reported
Page Berling

Secretary

On filings since 2020

1 hr/week

No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Plageman Family Foundation?

Plageman Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richmond, VA. It holds $355K in total assets as of 2024.

How large is Plageman Family Foundation?

As of 2024, Plageman Family Foundation holds $355K in total assets with $13K in annual revenue. It awarded 5 grants totaling $20K in 2024.

Where does Plageman Family Foundation operate?

Plageman Family Foundation has awarded grants in Virginia.

What size grants does Plageman Family Foundation award?

In 2024, Plageman Family Foundation awarded 5 grants totaling $20K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Plageman Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Plageman Family Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.