Robert G Cabell III and Maude Morgan logo

Robert G Cabell III and Maude Morgan

Private foundation · Grantmaker Richmond, VA EIN: 54-6039157 Website

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.

Key facts about Robert G Cabell III and Maude Morgan

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.

EIN
54-6039157
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$7,730,000
Grants made (2024)
64
Average grant
$120,781
Median grant
$50,000
New grantees (estimate)
53% first-time grantees (34 of 64, 2024)
Total assets
$163,452,405
Primary geography
Virginia (100% of itemized 2024 grant dollars)
How to apply
The website describes a two-step process for the semi-annual competitive grant program. Full details ↓
Deadline
The website lists contact-form deadlines of February 15 for the spring cycle and August 15 for the fall cycle,…

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$163.5M

+5.8% YoY

Annual Giving

$7.7M

+13.6% YoY

Grant Count

64

+30.6% YoY

Avg Grant Size

$121K

-13.0% YoY

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.

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.

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.

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.

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.

Open Grants

1 open opportunity from Robert G Cabell III and Maude Morgan

Your AI grants department

Ready to take the next step with Robert G Cabell III and Maude Morgan?

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

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

1state

Share of 2024 grant dollars across all 64 itemized grants.

States

Cities

RichmondWilliamsburgMidlothianHampden SydneyLynchburgPetersburgAshlandCharlottesvilleGoochlandHenricoRoanokeUrbannaAbingdonAlexandriaChristiansburgDeltavilleFloydGloucester PointLexingtonMechanicsivlle

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5M$5M$7.5M$10M43 grants2020 48 grants2021 41 grants2022 49 grants2023 64 grants2024

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.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Better Housing Coalition: $750KBetter Housing Coalition$750KFeedmore Inc: $750KFeedmore Inc$750KRappahannock Tribe: $400KRappahannock Tribe$400KRichmond Ballet: $400KRichmond Ballet$400KVims: $400KVims$400KChesapeake Bay Foundation: $350KChesapeake Bay Foundation$350KHospice House of Hampton Road: $350KHospice House of Hampton Road$350KSupportworks Housing: $300KSupportworks Housing$300KUnited Way SWVA: $265KUnited Way SWVA$265KMaymont Foundation: $250KMaymont Foundation$250K

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

122<$50K26$50–100K40$100–250K35$250–500K17$500K–1M5$1–5M$5M+

The most common grant size was under $50K: 122 grants of 245 (50%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Better Housing Coalition Richmond, VATo support construction of colbrook, a 147-unit affordable housing project in chester, va$750,000
Feedmore Inc Richmond, VATo support nourishing our community now - the campaign for feedmore, a new headquarters building$750,000
Rappahannock Tribe Indian Neck, VATo 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, VATo support richmond ballet capital initiatives including four new hvac units, new security systems and new studio flooring$400,000
Vims Gloucester Point, VATo 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, VATo support the installation of oyster reefs in the hampton river$350,000
Hospice House of Hampton Road Virginia Beach, VATo support building a hospice house to serve hampton roads$350,000
Supportworks Housing Richmond, VATo Support Program and Operations Through Unrestricted Funds$300,000
United Way SWVA Abingdon, VATo support the hurricane helene disaster relief efforts in southwest Virginia$265,000
Maymont Foundation Richmond, VATo support maymont 2025 campaign; long term resiliency of the maymont mansion and the Virginia wildlife trail$250,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $163,452,405 $14,596,216 $8,897,245 $7,730,000
2023 $154,490,032 $9,882,285 $8,358,211 $6,805,000
2022 $137,233,253 $8,883,596 $9,729,992 $8,625,000

The filing type is Form 990-PF (a private foundation).

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$163,452,405$154,490,032$137,233,253
Revenue$14,596,216$9,882,285$8,883,596
Expenses$8,897,245$8,358,211$9,729,992
Qualifying Distributions$7,730,000$6,805,000$8,625,000
Net Investment Income$13,854,293$9,115,497$6,697,460
Distributable Amount$9,825,438$6,853,105$6,857,213

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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

Sarah Bane Williams — Executive Director: $91KSarah Bane WilliamsExecutive Director$91K

The highest reported compensation on the 2024 filing was $91K, to Sarah Bane Williams (Executive Director).

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

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.

Your AI grants department

Here's the math on researching Robert G Cabell III and Maude Morgan by hand.

Explore Open Grants

Browse active grant opportunities in Robert G Cabell III and Maude Morgan's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

The Community Foundation Inc

Richmond, VA

The Community Foundation funds health and wellness, education, economic prosperity, and community vibrancy, along with other causes through donor-advised and field-of-interest funds. In 2024, grants ranged from $5,100 to $1,795,000, with a median of $25,000; 78% of grant dollars went to Virginia recipients. The profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$852.4M

Grants

917

Total Given

$61.8M

Dominion Energy Charitable Foundation

Richmond, VA

Dominion Energy Charitable Foundation funds eligible 501(c)(3) organizations working in health and human services, education, arts and culture, civic and community development, and the environment within its operating area. Its 2024 grants ranged from $100 to $1 million, with a median of $5,000; it accepts unsolicited requests during spring and fall cycles.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.3M

Grants

773

Total Given

$16.4M

The Mary Morton Parsons Foundation

Richmond, VA

The Mary Morton Parsons Foundation primarily funds capital projects in arts and culture, community needs, education, the environment, historic preservation, and social services. Its grants generally range from $50,000 to $500,000, for eligible nonprofits in Virginia, with priority for the Richmond area. It accepts Contact Forms, but only invited organizations may submit a full application.

Assets

$137.6M

Grants

71

Total Given

$9.5M

The Pauley Family Foundation

Richmond, VA

The Pauley Family Foundation funds education, health and human services, affordable housing, and arts and culture in the Richmond region. In 2024, its 98 grants ranged from $10,000 to $449,269, with a median of $50,000. Its profile does not state whether it accepts unsolicited requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$2.2B

Grants

98

Total Given

$6.5M

Robins Foundation

Richmond, VA

Robins Foundation supports early childhood care and education for children from prenatal stages through age five, a vibrant Richmond community, and nonprofit capacity building. Its 2024 grants ranged from $830 to $378,175, with a median of $30,000; funding is concentrated in Virginia, especially the Richmond region. It accepts online applications through its grants portal, with specific eligibility and application requirements varying by grant program.

Assets

$172.0M

Grants

110

Total Given

$6.1M

Herndon Foundation

Richmond, VA

The Herndon Foundation funds education, health and human services, and historic preservation and cultural experiences, with a strong preference for organizations serving metropolitan Richmond; qualified Virginia organizations may apply. Requests typically range up to $25,000, though 2024 grants ranged from $1,000 to $1 million. It accepts proposals from qualified organizations through its website when the grant cycle opens.

Assets

$62.0M

Grants

138

Total Given

$5.6M

Virginia Nonprofit Housing Coalition

Richmond, VA

The foundation primarily supports the development of low- and moderate-income housing, alongside Virginia organizations working in areas such as children’s services, education, recovery, and hunger relief. In 2024, it awarded 97 grants totaling $8.04 million, ranging from $1,700 to $484,250, with a median of $55,000; nearly all funding went to Virginia. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$129.3M

Grants

97

Total Given

$8.0M

Richmond Memorial Health Foundation

Richmond, VA

Richmond Memorial Health Foundation funds organizations advancing health and racial/ethnic equity and addressing health disparities and their social, economic, and structural causes. Its 2025 grants ranged from $500 to $250,000, with a median of $13,000; it primarily serves Richmond City and Chesterfield, Goochland, Hanover, Henrico, and Powhatan counties, while also considering aligned regional, statewide, or national work. It posts grant opportunities and accepts applications until a threshold is reached; whether it accepts unsolicited requests is not stated.

Health

Assets

$120.6M

Grants

103

Total Given

$3.8M

Jack Kent Cooke Foundation

Lansdowne, VA

The Jack Kent Cooke Foundation funds education programs that help exceptionally promising students with financial need, including college access, academic enrichment, and support for talented students. Its 2025 grants ranged from $6 to $515,000, with a median of $7,702; it funds across the United States, with most grant dollars going to Virginia. It does not restrict giving to preselected organizations and directs applicants to its website for current application instructions and eligibility.

Philanthropy, Voluntarism & Grantmaking

Assets

$940.1M

Grants

1,419

Total Given

$25.1M

Donors Trust Inc

Alexandria, VA

Donors Trust supports charities and programs in social welfare, health, the environment, economics, governance, foreign relations, and arts and culture, with a strong emphasis on conservative and libertarian policy and education groups. Its 2024 grants had a median of $50,000, though awards ranged from $5,038 to $35 million, and recipients were concentrated in Washington, D.C., Virginia, New York, Texas, and California. It does not accept unsolicited requests; donor-advisors recommend grants through their accounts.

Philanthropy, Voluntarism & Grantmaking

Assets

$1.4B

Grants

919

Total Given

$282.1M

America's Charities

Chantilly, VA

AMERICA’S CHARITIES routes donor-directed workplace giving to member charities and provides emergency assistance to eligible employees and people affected by disasters; its reported grants are fiscal-agent disbursements, not awards selected through an application process. In 2025 it reported 808 grants totaling $16.4 million, ranging from $5,000 to $515,354 (median $9,664), to recipients across the United States, with the largest shares going to Pennsylvania, California, Washington, D.C., Virginia, and Arizona. The profile does not state whether it accepts unsolicited requests.

Assets

$36.2M

Grants

808

Total Given

$16.4M

More Funders in Virginia

Robert G Cabell III and Maude Morgan down — hundreds of funders to go?

Want AI to do this for you?