Retail Merchants Foundation-

Foundation · Grantmaker LYNCHBURG, VA EIN: 54-1824054

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.

Your AI grants department

Ready to take the next step with Retail Merchants Foundation-?

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

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BedfordBrooknealConcordFloydForestHuddlestonLynchburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$27K$53K$80K$107K202020212022
Metric202220212020
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

$0$24K$48K$71K$95K29 grants20201 grants20211 grants2022

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2022

CENTRAL VIRGINIA BUSINES…$2K

Grant Size Distribution

31 grants across all recorded years

30<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Central Virginia Business Coalition ($2,148).

RecipientPurposeAmount
CENTRAL VIRGINIA BUSINESS COALITION LYNCHBURG, VATO PROVIDE GRANTS$2,148

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

NameTitleHoursCompensation
DAVID M SOMERSPRESIDENT1
DANNY GIVENSVICE PRESIDENT1
MARC A SCHEWELTREASURER1
RAYNER V SNEAD JRDIRECTOR1
W BRADLEY WEAVERDIRECTOR1
MIKE BRADFORDDIRECTOR1
HEATHER H ALTOEXECUTIVE DIRECTOR1

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

Similar Funders

Funders that support many of the same organizations

More Funders in Virginia

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching Retail Merchants Foundation- by hand.