Robert G Cabell III and Maude Morgan
The Robert G. Cabell, III and Maude Morgan Cabell Foundation is a private foundation based in Richmond, Virginia. Founded in 1957, it supports charitable organizations throughout Virginia, with particular emphasis on the Richmond metropolitan region. Its grantmaking includes permanent gifts and challenge grants, especially for capital projects.
Robert G Cabell III and Maude Morgan at a glance
In short: Robert G Cabell III and Maude Morgan gave $7.7M across 64 grants in 2024 (avg $121K), mostly in Virginia. 53% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,730,000
- +13.6% vs 2023
- Grants made (2024)
- 64
- +30.6% vs 2023
- Average grant
- $120,781
- -13.0% vs 2023
- Median grant
- $50,000
- Total assets
- $163,452,405
- +5.8% vs 2023
- New grantees (estimate)
- 53% first-time grantees (34 of 64, 2024)
- Primary geography
- Virginia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Robert G Cabell III and Maude Morgan
- Invitation Only
-
The website describes a two-step process for the semi-annual competitive grant program. Prospective applicants submit a contact form describing the project; an invitation from the Executive Director is required before submitting an online application. The Foundation also requires a conversation with the Executive Director, with meetings or site visits scheduled as needed. Application materials include a project description and goals, project and agency budgets, committed and pending support, post-project operating-cost and sustainability plans, recent financial and tax documents, and board information. The website says an eligible organization may apply again after three years from receipt of a previous grant payment. The 2024 filing states that there is no special form and calls for an explanation of the grant’s use.
- Review Cycle
- The website lists contact-form deadlines of February 15 for the spring cycle and August 15 for the fall cycle, followed by application deadlines of March 1 and September 1. The 2026 dates have passed; the website lists responses in the last week of May and November.
- Deadline
- The website lists contact-form deadlines of February 15 for the spring cycle and August 15 for the fall cycle,…
- Contact
Application contact: Sarah Bane Williams
Mailing address: 901 East Cary Street Suite 1402, Richmond, VA 23219-4037
Phone: (804) 780-2050
Website: https://thecabellfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Robert G Cabell III and Maude Morgan
Who Robert G Cabell III and Maude Morgan funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Better Housing Coalition ($750K). Together the top 10 received $4.2M.
Organizations only. It also paid 1 grant to individuals ($200,000), which are not listed by name.
Grant Size Distribution
245 grants across all recorded years
The most common grant size was under $50K: 122 grants of 245 (50%).
Geographic Focus
Where this funder awards grants
The Foundation supports qualified nonprofit organizations throughout Virginia and gives preference to agencies in the Richmond metropolitan region. Its 2024 filing reports that 100% of grant dollars went to Virginia recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 64 itemized grants.
States
Cities
Is Robert G Cabell III and Maude Morgan open to new grantees?
53%
first-time grantees, 2024
In 2024, 34 of 64 grantees (53%) were first-time recipients. First grants averaged $125K; repeat grants $116K. How we count
Medians: $88K first-time, $25K repeat.
- 33% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+7%). Method
- In 2024 it paid out 79% 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 (2020–2024). 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
From 2020 to 2024, annual grant giving ranged from $6.2M (2020) to $8.6M (2022). In 2024 it made 64 grants totaling $7.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Better Housing Coalition Richmond, VA | To support construction of colbrook, a 147-unit affordable housing project in chester, va | $750,000 |
| Feedmore Inc Richmond, VA | To support nourishing our community now - the campaign for feedmore, a new headquarters building | $750,000 |
| Rappahannock Tribe Indian Neck, VA | To support phase 3 capital campaign: acquisition of fones cliff ancestral land on the rappahannock river as part of a three-phase campaign | $400,000 |
| Richmond Ballet Richmond, VA | To support richmond ballet capital initiatives including four new hvac units, new security systems and new studio flooring | $400,000 |
| Vims Gloucester Point, VA | To suport renovation of the visitor center and to support the research work of dr. Mcgrath and eric hilton to track river herring in the piankatank river | $400,000 |
| Chesapeake Bay Foundation Richmond, VA | To support the installation of oyster reefs in the hampton river | $350,000 |
| Hospice House of Hampton Road Virginia Beach, VA | To support building a hospice house to serve hampton roads | $350,000 |
| Supportworks Housing Richmond, VA | To Support Program and Operations Through Unrestricted Funds | $300,000 |
| United Way SWVA Abingdon, VA | To support the hurricane helene disaster relief efforts in southwest Virginia | $265,000 |
| Maymont Foundation Richmond, VA | To support maymont 2025 campaign; long term resiliency of the maymont mansion and the Virginia wildlife trail | $250,000 |
Ready to take the next step with Robert G Cabell III and Maude Morgan?
Financial History
Multi-year comparison from IRS filings
The filing type is Form 990-PF (a private foundation).
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $163,452,405 | $14,596,216 | $8,897,245 | $7,730,000 | 64 | $7,730,000 | $13,854,293 | $9,825,438 |
| 2023 | $154,490,032 | $9,882,285 | $8,358,211 | $6,805,000 | 49 | $6,805,000 | $9,115,497 | $6,853,105 |
| 2022 | $137,233,253 | $8,883,596 | $9,729,992 | $8,625,000 | 41 | $8,625,000 | $6,697,460 | $6,857,213 |
| 2021 | $174,591,168 | $18,313,139 | $8,356,662 | $7,205,000 | 48 | $7,205,000 | $16,816,464 | $7,517,166 |
| 2020 | $150,093,106 | $7,903,112 | $7,066,276 | $6,244,591 | 43 | — | $7,201,489 | $6,332,351 |
Under IRS private-foundation payout rules, Robert G Cabell III and Maude Morgan reported a distributable amount of $9.8M for 2024 — 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 purpose is to support the permanent needs of charitable organizations throughout Virginia. It accepts proposals in cultural arts; civic and community initiatives; conservation and environment; education; historic preservation; and social services, health and welfare. Examples listed on its website include arts-venue renovations, watershed protection, library and college facilities, historic-site repairs, affordable housing, and equipment for hunger-relief programs.
The Foundation awards grants to eligible tax-exempt 501(c)(3) organizations that are not private foundations. Virginia nonprofits are eligible, with preference for organizations in the Richmond metropolitan region. Public-sector agencies are generally ineligible, with stated exceptions for a limited number of institutions. The Foundation does not fund individuals, scholarship funds, general endowments, debt reduction, or general operating expenses. Special restricted-purpose endowments or equipment needs may be considered for otherwise eligible organizations.
Examples of grantees’ work include Better Housing Coalition, whose stated mission is to develop affordable housing in the Richmond metropolitan area; SupportWorks Housing, which says it ends homelessness through permanent housing and supportive services; and Piedmont Housing Alliance, whose stated mission includes creating housing and community-development opportunities for very low- to moderate-income households. Richmond Ballet says it seeks to expand access to dance and unite people through arts experiences.
Grantmaking
In 2024, the Foundation reported 64 grants totaling $7,730,000. Grant amounts ranged from $10,000 to $750,000, with a median of $50,000. All reported 2024 grant dollars went to recipients in Virginia. The Foundation’s competitive program supports permanent capital projects, generally through challenge or matching grants. Its website says grant periods are typically 12–18 months and awards are generally paid in one installment. It may also initiate multi-year partnerships for planning, seed funding, or organizational development.
Among its 2024 grants, Better Housing Coalition and FeedMore each received $750,000. The Foundation’s stated purposes were to support construction of an affordable housing project in Chester and a new FeedMore headquarters building, respectively. The Rappahannock Tribe and Richmond Ballet each received $400,000. Other examples include $350,000 to the Chesapeake Bay Foundation for oyster-reef installation in the Hampton River and $300,000 to SupportWorks Housing for program and operations through unrestricted funds.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Elizabeth Cabell Jennings as president; Mary Z. Zeugner as vice president; John Branch Cabell as treasurer; Patteson Branch III as secretary; and Charles L. Cabell, J. Read Branch Jr., Russell Branch, and Margaret Christina Cabell as directors. It lists Sarah Bane Williams as executive director. The Foundation’s website lists Emily K. Schott as executive director and includes Dorothy Friday among its board members.
Robert G Cabell III and Maude Morgan is led by Sarah Bane Williams, Executive Director on every filing since 2021; 1 of 9 officers listed in 2024 is compensated.
Officers on the 2024 filing
Sarah Bane Williams
Executive Director
On filings since 2021
20 hrs/week
$89K (2021) → $91K (2024)
Elizabeth Cabell Jennings
President
Vice President → Acting President, 2022
Acting President → President, 2024
On filings since 2020
1 hr/week
No compensation reported
Charles L. Cabell Esquire
Director
On filings since 2020
1 hr/week
No compensation reported
J. Read Branch Jr.
Director
On filings since 2020
1 hr/week
No compensation reported
Margaret Christina Cabell
Director
On filings since 2020
1 hr/week
No compensation reported
Russell Branch
Director
On filings since 2022
1 hr/week
No compensation reported
John Branch Cabell
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Mary Z. Zeugner
Vice President
Secretary → Vice President, 2024
On filings since 2020
1 hr/week
No compensation reported
Patteson Branch III
Secretary
Director → Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
Former officers (2)
- Former: Jill A. McCormick (2020–2021) — Executive Director · Filing note: Ended 11/2021
- Former: Patteson Branch Jr. (2020–2021) — President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $91K, to Sarah Bane Williams (Executive Director).
Frequently asked questions about Robert G Cabell III and Maude Morgan
How much does Robert G Cabell III and Maude Morgan give each year?
Robert G Cabell III and Maude Morgan gave $7.7M across 64 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.8M across 49 grants.
What is Robert G Cabell III and Maude Morgan's typical grant size?
Robert G Cabell III and Maude Morgan's median grant in 2024 was $50,000, and its average grant was $120,781, across 64 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Robert G Cabell III and Maude Morgan that year got $125K on average.
Where does Robert G Cabell III and Maude Morgan give grants?
Robert G Cabell III and Maude Morgan gives mostly in Virginia: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Richmond, VA (31 grants), Williamsburg, VA (3 grants), Abingdon, VA (2 grants) and Charlottesville, VA (2 grants).
Does Robert G Cabell III and Maude Morgan give general operating support?
Yes: 17% of Robert G Cabell III and Maude Morgan's 2024 grants with a stated purpose (11 of 64) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Robert G Cabell III and Maude Morgan's largest grantees?
Robert G Cabell III and Maude Morgan's largest 2024 grantees include Better Housing Coalition ($750,000), Feedmore Inc ($750,000) and Rappahannock Tribe ($400,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($200,000), which are not listed by name. Together they received 25% of its itemized 2024 grant dollars.
How large is Robert G Cabell III and Maude Morgan?
Robert G Cabell III and Maude Morgan reported $163.5M in total assets on its 2024 IRS Form 990-PF. It paid out $7.7M in qualifying distributions that year, against a required minimum of $9.8M (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 Robert G Cabell III and Maude Morgan fund?
The Foundation’s stated purpose is to support the permanent needs of charitable organizations throughout Virginia. It accepts proposals in cultural arts; civic and community initiatives; conservation and environment; education; historic preservation; and social services, health and welfare. See mission & focus areas ↑
How do I apply for a grant from Robert G Cabell III and Maude Morgan?
The website describes a two-step process for the semi-annual competitive grant program. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Robert G Cabell III and Maude Morgan's EIN?
Robert G Cabell III and Maude Morgan's EIN (Employer Identification Number) is 54-6039157. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Robert G Cabell III and Maude Morgan funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/robert-g-cabell-iii-and-maude-morgan-morg_9335f6c5bbaa4daeb79539288df09934
BibTeX
@misc{grantable_546039157_2026,
author = {{Grantable}},
title = {{Robert G Cabell III and Maude Morgan funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/robert-g-cabell-iii-and-maude-morgan-morg_9335f6c5bbaa4daeb79539288df09934},
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 Robert G Cabell III and Maude Morgan'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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