Roaring Gap Foundation Inc is a private foundation focused on Public, Societal Benefit, based in CHARLOTTESVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $288K in total assets. In 2024, it awarded 9 grants totaling $278K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$288K
-13.4% YoY
Annual Giving
$278K
+25.0% YoY
Grant Count
9
-25.0% YoY
Avg Grant Size
$31K
+66.7% YoY
Under IRS private-foundation payout rules, Roaring Gap Foundation Inc reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About Roaring Gap Foundation Inc
Based on IRS filings
Roaring Gap Foundation Inc is a private foundation focused on Public, Societal Benefit, based in CHARLOTTESVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $288K in total assets. In 2024, it awarded 9 grants totaling $278K. Net investment income was $7K.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $287,565 | $332,081 | $302,480 |
| Revenue | $237,275 | $261,029 | $132,047 |
| Expenses | $281,791 | $231,428 | $149,844 |
| Qualifying Distributions | $278,210 | $222,555 | $143,455 |
| Net Investment Income | $6,723 | $1,667 | $1,727 |
| Distributable Amount | $14,516 | $14,499 | $24,985 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alleghany Educational Foundation ($145,500), Alleghany Rescue Squad ($40,000), Solid Rock Food Closet ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLEGHANY CARES SPARTA, NC | GENERAL | $12,000 |
| ALLEGHANY EDUCATIONAL FOUNDATION SPARTA, NC | SCHOLARSHIP | $145,500 |
| ALLEGHANY JAM SPARTA, NC | GENERAL | $6,000 |
| ALLEGHANY PARTNERSHIP FOR CHILDREN SPARTA, NC | GENERAL | $710 |
| ALLEGHANY RESCUE SQUAD SPARTA, NC | GENERAL | $40,000 |
| LIMESTONE UNIVERSITY GAFFNEY, SC | GENERAL | $6,000 |
| SOLID ROCK FOOD CLOSET SPARTA, NC | GENERAL | $40,000 |
| SPARTA UNITED METHODIST CHURCH SPARTA, NC | GENERAL | $8,000 |
| WESTERN YOUTH NETWORK BOONE, NC | GENERAL | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HENRI BROWN | PRESIDENT | 0.05 | — |
| GRAY MCCASKILL | TREASURER | 0.05 | — |
| MARTHA BAKER | BOARD MEMBER | 0.05 | — |
| TOM BEISCHER | BOARD MEMBER | 0.05 | — |
| DINA JENNINGS | SECRETARY | 0.05 | — |
| CHARLOTTE HUDSON | BOARD MEMBER | 0.05 | — |
| LUCINDA JONES | BOARD MEMBER | 0.05 | — |
| KELLY HOPKINS | BOARD MEMBER | 0.05 | — |
| SYDNEY LEWIS | BOARD MEMBER | 0.05 | — |
| JENNIE BLAIR | BOARD MEMBER | 0.05 | — |
| TED KIRK | BOARD MEMBER | 0.05 | — |
| BILL WHITAKER | BOARD MEMBER | 0.05 | — |
| PETER UNGER | BOARD MEMBER | 0.05 | — |
| KATHI EASON | BOARD MEMBER | 0.05 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Roaring Gap Foundation Inc?
Roaring Gap Foundation Inc is a private foundation focused on Public, Societal Benefit, based in CHARLOTTESVILLE, VA. It holds $288K in total assets as of 2024.
How large is Roaring Gap Foundation Inc?
As of 2024, Roaring Gap Foundation Inc holds $288K in total assets with $237K in annual revenue. It awarded 9 grants totaling $278K in 2024.
Where does Roaring Gap Foundation Inc operate?
Roaring Gap Foundation Inc has awarded grants in North Carolina, South Carolina.
What size grants does Roaring Gap Foundation Inc award?
In 2024, Roaring Gap Foundation Inc awarded 9 grants totaling $278K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is Roaring Gap Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Roaring Gap Foundation Inc reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Roaring Gap Foundation Inc's EIN?
Roaring Gap Foundation Inc's EIN (Employer Identification Number) is 83-2527101. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Roaring Gap Foundation Inc'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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