Retail Merchants Foundation-
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 grant totaling $2K.
Key facts about Retail Merchants Foundation-
In short: Retail Merchants Foundation- gave $2K across 1 grant in 2022 (avg $2K), mostly in Virginia. Source: 2022 IRS Form 990-PF.
- EIN
- 54-1824054
- Latest 990 filing
- Form 990-PF, 2022
- Annual giving (2022)
- $2,148
- Grants made (2022)
- 1
- Average grant
- $2,148
- Median grant
- $2,148
- Primary geography
- Virginia (100% of itemized 2022 grant dollars)
Data from IRS Form 990-PF, 2022; updated September 2026.
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.
How Retail Merchants Foundation- gives
- In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Retail Merchants Foundation-?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2022 grant dollars.
States
Cities
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
| Recipient | Purpose | Amount |
|---|---|---|
| CENTRAL VIRGINIA BUSINESS COALITION Lynchburg, VA | TO PROVIDE GRANTS | $2,148 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2022
Leadership & Key People
Officers and directors from IRS filings
Retail Merchants Foundation- is led by David M. Somers, President on every filing since 2020; none of the 7 officers listed in 2022 report compensation.
Officers on the 2022 filing
David M. Somers
President
On filings since 2020
1 hr/week
No compensation reported
Heather H. Alto
Executive Director
On filings since 2020
1 hr/week
No compensation reported
Rayner V. Snead Jr.
Director
On filings since 2020
1 hr/week
No compensation reported
W. Bradley Weaver
Director
On filings since 2020
1 hr/week
No compensation reported
Mike Bradford
Director
New on the 2022 filing
1 hr/week
No compensation reported
Danny Givens
Vice President
On filings since 2020
1 hr/week
No compensation reported
Marc A. Schewel
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Former officers (3)
- Former: Allison Szuba (2020) — Director
- Former: Debbie Montgomery (2020) — Corporate Secretary
- Former: Diana Hobson (2020) — Director
Data from IRS Form 990 filings, 2020–2022. "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 Retail Merchants Foundation-
How much does Retail Merchants Foundation- give each year?
Retail Merchants Foundation- gave $2K across 1 grant in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $200 across 1 grant.
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.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Retail Merchants Foundation- by hand.
Explore Open Grants
Browse active grant opportunities in Retail Merchants Foundation-'s focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Foster Foundation
Brookneal, VA
The Foster Foundation supports 501(c)(3) organizations working in areas such as children and families, education, arts, food insecurity, veterans and seniors, and land conservation, prioritizing Central Virginia and Southside. Recent grants ranged from $13 to $50,000, with a median of $500. It accepts requests by letter or application; one application per calendar year is allowed.
Assets
$18.6M
Grants
686
Total Given
$1.3M
Easley Char Irr Tua 5019004715
Lynchburg, VA
The foundation supports education and childcare, animal welfare, youth services, libraries, and community facilities, generally within 30 miles of Lynchburg, Virginia. Its 2025 grants ranged from $5,911 to $30,032, with a median of $20,000. It does not restrict giving to preselected organizations; there is no formal application form, and the stated deadline is March 1 for May consideration.
Assets
$9.8M
Grants
25
Total Given
$487K
Centra Health Inc
Lynchburg, VA
Centra Health funds ongoing nonprofit programs with measurable community benefits, prioritizing local needs such as healthcare access, mental health and substance use, food and nutrition, housing, and children and families. Its 2024 grants had a median award of $20,000 (ranging from $6,600 to $192,319) and serve communities in central and southern Virginia within Centra’s service area.
Assets
$1.5B
Grants
51
Total Given
$1.5M
The Al Stroobants Foundation
Lynchburg, VA
The Al Stroobants Foundation supports need-based programs and charitable work in education, science, the arts, health, and basic needs, primarily in Lynchburg and Appomattox, Amherst, Bedford, and Campbell counties, Virginia. Its 2024 grants ranged from $1,500 to $243,463, with a median of $15,000. It accepts online applications from May 1 through September 30.
Assets
$41.6M
Grants
70
Total Given
$1.8M
Greater Lynchburg Community Foundation
Lynchburg, VA
The Greater Lynchburg Community Foundation funds eligible nonprofits and institutions working in health and wellness, education, arts and humanities, human services, animal welfare, conservation, and historic preservation. It serves Lynchburg and Amherst, Appomattox, Bedford, and Campbell counties; competitive grants are typically $1,000–$25,000 (the 2025 median grant was $10,474), with a separate $100,000 transformational grant. The profile describes online grant applications but does not state whether unsolicited requests are accepted.
Assets
$75.7M
Grants
110
Total Given
$2.2M
Schewel Charitable Foundation
Lynchburg, VA
The Schewel Charitable Foundation supports organizations in areas including youth development, education, arts and culture, animal welfare, and community services, generally within 30 miles of Lynchburg, Virginia. Its 2025 grants ranged from $3,000 to $75,000, with a median of $10,000. It has no formal application form; its 2023 filing says it does not limit giving to preselected organizations and lists April 1 and October 1 request dates.
Assets
$5.9M
Grants
25
Total Given
$303K
Merryman Charitable Foundation
Evington, VA
The Merryman Charitable Foundation supports a mix of education, arts and culture, public safety, and community-service organizations, with most of its giving in Virginia. Its 2025 grants ranged from $500 to $20,000, with a median of $2,000; it gives only to preselected charities and does not accept unsolicited requests.
Assets
$1.3M
Grants
33
Total Given
$79K
Enterprise Holdings Foundation
Saint Louis, MO
Enterprise Holdings Foundation supports nonprofits in health, education, arts, disaster relief, reforestation, hunger relief, and community equity, with an emphasis on organizations actively supported by Enterprise employees and their families. Its reported grants range widely: 2024 giving averaged about $7,700 across 9,499 grants, while the foundation also offers awards of up to $40,000; it supports communities where Enterprise operates worldwide. Unsolicited requests are accepted at any time, but eligible applications must be submitted by an Enterprise team member or their spouse or domestic partner on behalf of a nonprofit they actively support.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Moore's Charitable Foundation
Altavista, VA
Moore’s Charitable Foundation supports community-service organizations, schools, and other nonprofits, primarily in Virginia, with a small share of grants going to other states. In 2024 it awarded 57 grants totaling $534,161; grants ranged from $100 to $115,000, with a median of $2,500. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$183K
Grants
57
Total Given
$534K
Jack Kent Cooke Foundation
Lansdowne, VA
The Jack Kent Cooke Foundation funds education for exceptionally promising students with financial need, through student scholarships and grants to organizations serving them. Its 2025 grants ranged from $6 to $515,000, with a median of $7,702; 86% of grant dollars went to Virginia recipients, with others across multiple states and Washington, D.C. The available information does not state whether it accepts unsolicited organizational requests.
Assets
$940.1M
Grants
1,419
Total Given
$25.1M
The Northrop Grumman Foundation
Falls Church, VA
The Northrop Grumman Foundation funds STEM education and workforce development, as well as national disaster response, supporting 501(c)(3) organizations across the United States. Its 2024 grants ranged from $50 to $1 million, with a median of $500; it makes charitable grants by invitation only and does not accept unsolicited requests.
Assets
$20.1M
Grants
1,284
Total Given
$12.4M
Donors Trust Inc
Alexandria, VA
Donors Trust supports charities and programs in social welfare, health, the environment, economics, governance, foreign relations, and arts and culture, with a strong emphasis on conservative and libertarian policy and education groups. Its 2024 grants had a median of $50,000, though awards ranged from $5,038 to $35 million, and recipients were concentrated in Washington, D.C., Virginia, New York, Texas, and California. It does not accept unsolicited requests; donor-advisors recommend grants through their accounts.
Assets
$1.4B
Grants
919
Total Given
$282.1M
More Funders in Virginia
Retail Merchants Foundation- down — hundreds of funders to go?