Retail Merchants Foundation- is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNCHBURG, VA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $2K.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$2K
+974.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2K
+974.0% YoY
Under IRS private-foundation payout rules, Retail Merchants Foundation- reported a distributable amount of $101 for 2022 — the minimum it must pay out in qualifying distributions.
About Retail Merchants Foundation-
Based on IRS filings
Retail Merchants Foundation- is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNCHBURG, VA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 1 grants totaling $2K.
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 | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | — | $2,148 | $2,348 |
| Revenue | — | — | $3,757 |
| Expenses | $2,148 | $200 | $97,241 |
| Qualifying Distributions | $2,148 | $200 | — |
| Net Investment Income | — | — | $3,307 |
| Distributable Amount | $101 | $110 | $2,851 |
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 2022
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Central Virginia Business Coalition ($2,148).
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL VIRGINIA BUSINESS COALITION LYNCHBURG, VA | TO PROVIDE GRANTS | $2,148 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID M SOMERS | PRESIDENT | 1 | — |
| DANNY GIVENS | VICE PRESIDENT | 1 | — |
| MARC A SCHEWEL | TREASURER | 1 | — |
| RAYNER V SNEAD JR | DIRECTOR | 1 | — |
| W BRADLEY WEAVER | DIRECTOR | 1 | — |
| MIKE BRADFORD | DIRECTOR | 1 | — |
| HEATHER H ALTO | EXECUTIVE DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Retail Merchants Foundation-?
Retail Merchants Foundation- is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LYNCHBURG, VA. It holds — in total assets as of 2022.
Where does Retail Merchants Foundation- operate?
Retail Merchants Foundation- has awarded grants in Virginia.
What size grants does Retail Merchants Foundation- award?
In 2022, Retail Merchants Foundation- awarded 1 grants totaling $2K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Retail Merchants Foundation- required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, Retail Merchants Foundation- reported a distributable amount of $101 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Retail Merchants Foundation-'s EIN?
Retail Merchants Foundation-'s EIN (Employer Identification Number) is 54-1824054. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in Retail Merchants 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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