Richard S Reynolds Foundation
The Richard S. Reynolds Foundation is a private 501(c)(3) foundation established in Richmond, Virginia in 1955. Based in Henrico, Virginia, the foundation provides assistance to community causes locally and beyond, with a focus on strengthening communities and supporting future generations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$40.1M
+2.9% YoY
Annual Giving
$2.6M
-12.6% YoY
Grant Count
78
+6.8% YoY
Avg Grant Size
$33K
-18.2% YoY
Mission & Focus Areas
Mission Statement: The Richard S. Reynolds Foundation is dedicated to strengthening communities and supporting future generations.
The foundation provides assistance to community causes including:
- Education
- Science
- Healthcare
- The environment
- The arts
- Human services
- History
Since its inception, the foundation has provided over $71 million in grants to community and worldwide organizations.
Grantmaking
Grant Range
$20,000-$25,000
Average Grant
$40,600
Ready to take the next step with Richard S Reynolds Foundation?
Geographic Focus
Where this funder awards grants
The foundation funds primarily in Virginia, New York, and Maryland, with a significant local focus in the Richmond area.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2024:
- Total Assets: $40,050,201
- Total Revenue: $4,165,848
- Total Expenses: $3,067,548
- Total Giving: $2,589,880
- Total Liabilities: $6,060
Tax-Exempt Status: Since March 1957 EIN: 54-6037003
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $40,050,201 | $38,937,946 | $39,616,499 |
| Revenue | $4,165,848 | $2,822,774 | $3,442,225 |
| Expenses | $3,067,548 | $3,512,877 | $3,480,898 |
| Qualifying Distributions | $2,808,759 | $3,172,686 | $2,999,400 |
| Net Investment Income | $3,802,646 | $2,516,546 | $3,061,807 |
| Distributable Amount | $2,760,702 | $2,525,338 | $2,964,331 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Richard S Reynolds Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Trustees (descendants of Richard S. and Julia Louise Reynolds):
- J. Sargeant Reynolds, Jr. (President)
- Glenn Reynolds Martin (Vice President)
- Dorothy Reynolds Brotherton (Vice President/Secretary)
- Randolph N. Reynolds, Jr. (Vice President/Treasurer)
Staff:
- Victoria Pitrelli (Executive Director)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J SARGEANT REYNOLDS JR | PRESIDENT | 0.5 | — |
| RANDOLPH N REYNOLDS JR | VP/TREASURER | 0.5 | — |
| DOROTHY R BROTHERTON | VP/SECRETARY | 0.5 | — |
| GLENN R MARTIN | VICE PRESIDENT | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has made recent grants supporting education and healthcare initiatives, including scholarships and research funding at institutions such as Winston-Salem State University and Cornell University. The foundation has also committed funding to journalism leadership initiatives and honors programs at educational institutions.
WSSU Foundation receives $60K grant for scholarships through Reynolds AmericanData last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Richard S Reynolds Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities