Richard S Reynolds Foundation logo

Richard S Reynolds Foundation

Private foundation · Grantmaker Richmond, VA EIN: 54-6037003 Website

The Richard S. Reynolds Foundation is a private foundation based in Richmond, Virginia, established in 1955. It supports community causes locally and beyond, including education, science, healthcare, the environment, and the arts.

Richard S Reynolds Foundation at a glance

In short: Richard S Reynolds Foundation gave $2.7M across 60 grants in 2025 (avg $46K), mostly in Virginia. 43% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$2,745,500
+6.0% vs 2024
Grants made (2025)
60
-23.1% vs 2024
Average grant
$45,758
+37.8% vs 2024
Median grant
$50,000
Total assets
$41,208,286
+2.9% vs 2024
New grantees (estimate)
43% first-time grantees (26 of 60, 2025)
Primary geography
Virginia (79% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Richard S Reynolds Foundation

How to Apply

The foundation’s website directs applicants to create a new Blackbaud account and submit an application through its online portal. Its 2024 filing describes the application materials as a letter outlining the grant proposal, verification of the applicant’s tax-exempt status, and financial information such as a budget or financial statements. The filing states that applicants must be public charities or qualified organizations described in Section 170(c) of the Internal Revenue Code.

Review Cycle
The website lists October 15 for November review and April 15 for May review. The board meets in mid-November and mid-May. The website says approved applicants are notified within two weeks of the board meeting and other applicants within 30 days.
Deadline
The website lists October 15 for November review and April 15 for May review.
Contact

Application contact: Victoria Pitrelli
Mailing address: 1403 Pemberton Rd Suite 102, Richmond, VA 23233
Phone: (804) 740-7350
Website: https://richardsreynoldsfoundation.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Richard S Reynolds Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Thomas Jefferson Foundation Inc: $150KThomas Jefferson FoundationInc$150KTrinity Episcopal School: $130KTrinity Episcopal School$130KWoodberry Forest School: $130KWoodberry Forest School$130KVirginia Historical Society: $125KVirginia Historical Society$125KBellarmine University: $100KBellarmine University$100KSaint Gertrude High School: $100KSaint Gertrude High School$100KThe Jemicy School: $100KThe Jemicy School$100KUniversity of Richmond: $100KUniversity of Richmond$100KVirginia Commemorations Inc: $100KVirginia Commemorations Inc$100KReynolds Homestead: $80KReynolds Homestead$80K

The largest 2025 recipient was Thomas Jefferson Foundation Inc ($150K). Together the top 10 received $1.1M.

Grant Size Distribution

384 grants across all recorded years

259<$50K90$50–100K33$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 259 grants of 384 (67%).

Geographic Focus

Where this funder awards grants

The foundation provides assistance locally and beyond. In 2025, Virginia recipients received 79% of grant dollars, followed by Maryland at 8%, Kentucky at 5%, and Minnesota and North Carolina at 2% each.

Grant Distribution by State

22states

Share of 2025 grant dollars across all 60 itemized grants.

Cities

RichmondCharlottesvilleGoochlandWashingtonWilliamsburgBaltimoreWoodberry ForestLouisvilleMount VernonAmherstArlingtonCritzFishersvilleHenricoLexingtonLos AngelesNashvilleNorth ChesterfieldRoanokeAlexandria

Is Richard S Reynolds Foundation open to new grantees?

43%

first-time grantees, 2025

In 2025, 26 of 60 grantees (43%) were first-time recipients. First grants averaged $39K; repeat grants $51K. How we count

Medians: $34K first-time, $50K repeat.

  • 35% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−2%). Method
  • In 2025 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M79 grants2019 74 grants2020 84 grants2021 89 grants2022 73 grants2023 78 grants2024 60 grants2025

From 2019 to 2025, annual grant giving ranged from $2.1M (2019) to $3.0M (2023). In 2025 it made 60 grants totaling $2.7M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Thomas Jefferson Foundation Inc Charlottesville, VARenovation Visitor Center$150,000
Trinity Episcopal School Richmond, VAMorgan Hall Expansion$130,000
Woodberry Forest School Woodberry Forest, VARS Reynolds Sr. Scholarship Fund$130,000
Virginia Historical Society Richmond, VA250TH Initiative$125,000
Bellarmine University Louisville, KYMilitary Scholarships and Programs$100,000
Saint Gertrude High School Richmond, VAScience Wing/Centennial Campaign$100,000
The Jemicy School Owings Mills, MDCapital Campaign$100,000
University of Richmond Richmond, VARS Reynolds Family Scholarships$100,000
Virginia Commemorations Inc Richmond, VAVirginia 250 Mobile Museum$100,000
Reynolds Homestead Critz, VAKitchen Expansion/Community Center$80,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$41,208,286$4,453,521$3,400,140$2,745,50060$2,961,653$4,052,329$2,972,287
2024$40,050,201$4,165,848$3,067,548$2,589,88078$2,808,759$3,802,646$2,760,702
2023$38,937,946$2,822,774$3,512,877$2,964,56873$3,172,686$2,516,546$2,525,338
2022$39,616,499$3,442,225$3,480,898$2,793,50089$2,999,400$3,061,807$2,964,331
2021$39,655,354$4,845,714$2,892,807$2,378,50084—$4,503,804$2,704,249
2020$37,697,757$2,212,738$2,749,201$2,262,33374—$2,007,412$2,396,904
2019$38,234,481$3,638,224$2,630,729$2,089,90379—$3,331,392$2,360,629

Under IRS private-foundation payout rules, Richard S Reynolds Foundation reported a distributable amount of $3.0M for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s stated mission is to strengthen communities and support future generations. Its website identifies education, the arts, health, science, history, the environment, and people in need among the causes it has supported.

The 2025 grants include support for educational institutions, historical and commemorative projects, and community facilities. For example, Trinity Episcopal School describes its mission as providing education, athletics, and social interaction for students in grades 8–12. The Virginia Historical Society says it connects people to America’s past through Virginia’s history, while Virginia Commemorations Inc. says it supports programs marking the 250th anniversary of the American Revolution and the nation’s independence.

The foundation’s website says grant requests must come from organizations tax-exempt under IRS Section 501(c)(3), and that its normal policy is not to make gifts toward annual or operational expenses.

Grantmaking

In filing year 2025, the foundation reported 60 grants totaling $2,745,500. Grants ranged from $3,500 to $150,000, with a median of $50,000.

Among the largest 2025 grants were $150,000 to the Thomas Jefferson Foundation for renovation of its visitor center; $130,000 each to Trinity Episcopal School for the Morgan Hall expansion and Woodberry Forest School for the R.S. Reynolds Sr. Scholarship Fund; and $125,000 to the Virginia Historical Society for its 250th initiative. Other grants included $100,000 to Bellarmine University for military scholarships and programs, $100,000 to the University of Richmond for family scholarships, and $80,000 to Reynolds Homestead for a kitchen expansion and community center.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists J. Sargeant Reynolds Jr. as president; Randolph N. Reynolds Jr. as vice president and treasurer; Dorothy R. Brotherton as vice president and secretary; and Glenn R. Martin as vice president. The foundation’s website identifies its trustees as descendants of Richard S. and Julia Louise Reynolds.

Richard S Reynolds Foundation is led by J. Sargeant Reynolds Jr., President on every filing since 2024; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • J. Sargeant Reynolds Jr.

    President

    On filings since 2024

    0.5 hrs/week

    No compensation reported

  • Dorothy R. Brotherton

    Vice President & Secretary

    Secretary → Vice President & Secretary, 2024

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Glenn R. Martin

    Vice President

    On filings since 2019

    0.5 hrs/week

    No compensation reported

  • Randolph N. Reynolds Jr.

    Vice President & Treasurer

    Treasurer → Vice President & Treasurer, 2024

    On filings since 2019

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Richard S. Reynolds III (2019–2023) — President

Data from IRS Form 990 filings, 2019–2025. "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 Richard S Reynolds Foundation

How much does Richard S Reynolds Foundation give each year?

Richard S Reynolds Foundation gave $2.7M across 60 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.6M across 78 grants.

What is Richard S Reynolds Foundation's typical grant size?

Richard S Reynolds Foundation's median grant in 2025 was $50,000, and its average grant was $45,758, across 60 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Richard S Reynolds Foundation that year got $39K on average.

Where does Richard S Reynolds Foundation give grants?

Richard S Reynolds Foundation gives mostly in Virginia: 79% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Maryland (8%) and Kentucky (5%). The most frequent recipient cities were Richmond, VA (29 grants), Baltimore, MD (3 grants), Charlottesville, VA (2 grants) and Arlington, VA (2 grants).

Does Richard S Reynolds Foundation give general operating support?

Not in 2025: none of the 60 grants with a stated purpose on Richard S Reynolds Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are Richard S Reynolds Foundation's largest grantees?

Richard S Reynolds Foundation's largest 2025 grantees include Thomas Jefferson Foundation Inc ($150,000), Trinity Episcopal School ($130,000) and Woodberry Forest School ($130,000), according to its 2025 IRS Form 990-PF. Together they received 15% of its itemized 2025 grant dollars.

How large is Richard S Reynolds Foundation?

Richard S Reynolds Foundation reported $41.2M in total assets on its 2025 IRS Form 990-PF. It paid out $3.0M in qualifying distributions that year, against a required minimum of $3.0M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Richard S Reynolds Foundation fund?

The foundation’s stated mission is to strengthen communities and support future generations. Its website identifies education, the arts, health, science, history, the environment, and people in need among the causes it has supported. See mission & focus areas ↑

How do I apply for a grant from Richard S Reynolds Foundation?

The foundation’s website directs applicants to create a new Blackbaud account and submit an application through its online portal. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Richard S Reynolds Foundation's EIN?

Richard S Reynolds Foundation's EIN (Employer Identification Number) is 54-6037003. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 5, 2024)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS July 9, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 30, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 31, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 2, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 31, 2023)

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Cite this profile

Grantable. (2026). Richard S Reynolds Foundation funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/richard-s-reynolds-foundation-morg_91ac0c02445c43499ced97eb9e91031f

BibTeX
@misc{grantable_546037003_2026,
  author       = {{Grantable}},
  title        = {{Richard S Reynolds Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/richard-s-reynolds-foundation-morg_91ac0c02445c43499ced97eb9e91031f},
  note         = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Richard S Reynolds Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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