Sully Foundation Ltd is a private foundation focused on Education, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $45K. Net investment income was $88K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+3.4% YoY
Annual Giving
$45K
+33.7% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$9K
+60.4% YoY
Under IRS private-foundation payout rules, Sully Foundation Ltd reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About Sully Foundation Ltd
Based on IRS filings
Sully Foundation Ltd is a private foundation focused on Education, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $45K. Net investment income was $88K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,115,700 | $1,079,511 | $1,114,377 |
| Revenue | $96,356 | $22,056 | $47,752 |
| Expenses | $60,167 | $51,910 | $84,293 |
| Qualifying Distributions | $49,855 | $36,098 | $64,418 |
| Net Investment Income | $88,064 | $19,246 | $37,954 |
| Distributable Amount | $51,814 | $48,500 | $50,181 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fairfax County Park Authority ($32,673), Virginia Tech ($5,000), University of Virginia ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| FAIRFAX COUNTY PARK AUTHORITY FAIRFAX, VA | CASH TO BENEFIT SULLY PLANTATION | $32,673 |
| UNIVERSITY OF VIRGINIA CHARLOTTESVILLE, VA | SCHOLARSHIP | $2,500 |
| VIRGINIA TECH BLACKSBURG, VA | SCHOLARSHIP | $5,000 |
| BRINGHAM YOUNG UNIVERSITY PROVO, UT | SCHOLARSHIP | $2,500 |
| JOHNS HOPKINS UNIVERSITY BALTIMORE, MD | SCHOLARSHIP | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERTA JEFFRIES | CHAIRPERSON | — | — |
| LEE HUBBARD | VICE CHAIRPE | — | — |
| ORLO CHIP PACIULLI III | TREASURER | — | — |
| ANNE STUNTZ | SECRETARY | — | — |
| MICHAEL FREY | DIRECTOR | — | — |
| BEVERLY HORTON | DIRECTOR | — | — |
| BARBARA NAEF | DIRECTOR | — | — |
| MIKE HENRY | DIRECTOR | — | — |
| WILLIAM LEIGH III | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sully Foundation Ltd?
Sully Foundation Ltd is a private foundation focused on Education, based in RICHMOND, VA. It holds $1.1M in total assets as of 2024.
How large is Sully Foundation Ltd?
As of 2024, Sully Foundation Ltd holds $1.1M in total assets with $96K in annual revenue. It awarded 5 grants totaling $45K in 2024.
Where does Sully Foundation Ltd operate?
Sully Foundation Ltd has awarded grants in Maryland, Pennsylvania, Tennessee, Utah, Virginia.
What size grants does Sully Foundation Ltd award?
In 2024, Sully Foundation Ltd awarded 5 grants totaling $45K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Sully Foundation Ltd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sully Foundation Ltd reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sully Foundation Ltd's EIN?
Sully Foundation Ltd's EIN (Employer Identification Number) is 54-0855626. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sully Foundation Ltd'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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