The Agena Foundation Inc
The Agena Foundation Inc is a private foundation based in Chesapeake, Virginia. It distributes funds for charitable and educational purposes, including programs intended to improve the quality of young adults.
The Agena Foundation Inc at a glance
In short: The Agena Foundation Inc gave $2.0M across 19 grants in 2025 (avg $105K), mostly in Virginia. 24% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,004,300
- -5.7% vs 2024
- Grants made (2025)
- 19
- +5.6% vs 2024
- Average grant
- $105,489
- -10.6% vs 2024
- Median grant
- $80,000
- Total assets
- $30,363,224
- +3.1% vs 2024
- New grantees (estimate)
- 24% first-time grantees (4 of 17, 2025; small sample)
- Primary geography
- Virginia (100% 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 The Agena Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 109-G Gainsborough Sq 736, Chesapeake, VA 23320
Phone: (757) 414-7697
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Agena Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Boys and Girls Club of Se VA ($313K). Together the top 10 received $1.7M.
Grant Size Distribution
85 grants across all recorded years
The most common grant size was under $50K: 27 grants of 85 (32%).
Geographic Focus
Where this funder awards grants
All 2025 grant dollars went to recipients in Virginia. Listed recipients include organizations in Norfolk, Virginia Beach, and Portsmouth.
Grant Distribution by State
Share of 2025 grant dollars across all 19 itemized grants.
States
Cities
Is The Agena Foundation Inc open to new grantees?
24%
first-time grantees, 2025
In 2025, 4 of 17 grantees (24%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $39K; repeat grants $119K. How we count
Medians: $25K first-time, $92K repeat.
- 76% of 2025 grantees were also funded in 2024. Method
- Giving grew 22% from 2022 to 2025. Method
- In 2025 it paid out 96% 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 (2020–2025). 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
From 2020 to 2025, annual grant giving ranged from $1.3M (2023) to $2.1M (2024). In 2025 it made 19 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Boys and Girls Club of Se VA Norfolk, VA | Club PRGM for Youth and Teens | $312,500 |
| The Salvation Army of Tidewater Norfolk, VA | Rent Assistance Program | $245,000 |
| Together We Can Virginia Beach, VA | Operations | $227,500 |
| Forkids Inc Norfolk, VA | In Support of PRGM for Homeless | $213,000 |
| Seton Youth Shelters Virginia Beach, VA | Emergency Family and Youth Shelter | $145,000 |
| Yours Ministry Norfolk, VA | Youth Mentorship | $135,000 |
| YWCA Norfolk, VA | Domestic & Sexual Violence | $134,500 |
| Tidewater Youth Services Founation Portsmouth, VA | Community Based Therapeutic Services | $97,000 |
| Tidewater Friends of Foster Care Norfolk, VA | Support for Children in Foster Care | $92,300 |
| TWP-the Youth Movement Norfolk, VA | Operations | $80,000 |
Ready to take the next step with The Agena Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $30,363,224 | $5,448,369 | $2,437,440 | $2,004,300 | 19 | $2,116,595 | $5,039,253 | $2,214,631 |
| 2024 | $29,435,997 | $1,933,416 | $2,747,471 | $2,124,500 | 18 | $2,357,321 | $1,543,266 | $2,097,840 |
| 2023 | $30,098,666 | $4,383,568 | $1,734,793 | $1,320,209 | 16 | $1,446,081 | $4,200,077 | $1,893,402 |
| 2022 | $27,793,026 | $1,060,696 | $2,157,200 | $1,647,721 | 17 | $1,829,891 | $668,564 | $1,991,156 |
| 2021 | $28,908,008 | $2,836,319 | $1,937,325 | $1,390,799 | 15 | $1,590,076 | $2,484,773 | $2,093,742 |
| 2020 | $28,000,814 | $1,819,331 | $1,766,619 | $1,352,619 | 15 | — | $1,656,721 | $1,788,667 |
Under IRS private-foundation payout rules, The Agena Foundation Inc reported a distributable amount of $2.2M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation describes its direct charitable activity as distributing funds for charitable and educational purposes, including programs that improve the quality of young adults.
Its 2025 grants include support for youth programs, shelters, housing assistance, foster care, and services for people with disabilities. Grantee descriptions provide further context: FORKIDS says it works to break the cycle of homelessness and poverty for families and children through crisis response, shelter, housing, economic mobility, and education programs. YOURS Ministry describes its work with urban teens as including educational, life-skills, leadership, recreational, and spiritual-awareness activities. Tidewater Wooden Boat Workshop says it teaches STEM and life skills to disadvantaged youth through building wooden boats and other nautical activities.
Grantmaking
In 2025, the foundation reported 19 grants totaling $2,004,300. Grants ranged from $10,000 to $312,500, with a median of $80,000. Among its largest grants were $312,500 to The Boys and Girls Club of SE VA for a club program for youth and teens; $245,000 to The Salvation Army of Tidewater for rent assistance; $227,500 to Together We Can for operations; and $213,000 to FORKIDS in support of a program for people experiencing homelessness.
Other notable 2025 grants included $145,000 to Seton Youth Shelters for an emergency family and youth shelter, $135,000 to YOURS Ministry for youth mentorship, and $134,500 to YWCA for domestic and sexual violence services. TWP-The Youth Movement received $80,000 for operations; its stated mission is to empower young people through arts and peer-led programs and events.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Kimberlee Russi as president, Christopher H Russi as secretary, Felicia Ford as “Executive DI,” and Kimberly C Painter as treasurer.
The Agena Foundation Inc is led by Kimberlee Russi, President since 2025 (on filings since 2020); 1 of 4 officers listed in 2025 is compensated.
Officers on the 2025 filing
Kimberlee Russi
President
Vice President → President, 2025
On filings since 2020
2 hrs/week
No compensation reported
Felicia Ford
Executive Di
On filings since 2020
40 hrs/week
$87K (2020) → $112K (2025)
Christopher H. Russi
Secretary
On filings since 2020
2 hrs/week
No compensation reported
Kimberly C. Painter
Treasurer
Director → Treasurer, 2022
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: Judy G. McReynolds (2020–2024) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $112K, to Felicia Ford (Executive Di).
Frequently asked questions about The Agena Foundation Inc
How much does The Agena Foundation Inc give each year?
The Agena Foundation Inc gave $2.0M across 19 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.1M across 18 grants.
What is The Agena Foundation Inc's typical grant size?
The Agena Foundation Inc's median grant in 2025 was $80,000, and its average grant was $105,489, across 19 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Agena Foundation Inc that year got $39K on average.
Where does The Agena Foundation Inc give grants?
The Agena Foundation Inc gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Norfolk, VA (11 grants), Virginia Beach, VA (5 grants) and Chesapeake, VA (2 grants).
Does The Agena Foundation Inc give general operating support?
Occasionally: 5% of The Agena Foundation Inc's 2025 grants with a stated purpose (1 of 19) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Operations" (4 grants).
Who are The Agena Foundation Inc's largest grantees?
The Agena Foundation Inc's largest 2025 grantees include The Boys and Girls Club of Se VA ($312,500), The Salvation Army of Tidewater ($245,000) and Together We Can ($227,500), according to its 2025 IRS Form 990-PF. Together they received 39% of its itemized 2025 grant dollars.
How large is The Agena Foundation Inc?
The Agena Foundation Inc reported $30.4M in total assets on its 2025 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $2.2M (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 The Agena Foundation Inc fund?
The foundation describes its direct charitable activity as distributing funds for charitable and educational purposes, including programs that improve the quality of young adults. See mission & focus areas ↑
How do I apply for a grant from The Agena Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Agena Foundation Inc's EIN?
The Agena Foundation Inc's EIN (Employer Identification Number) is 26-2882583. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Agena Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS June 22, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Agena Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Agena Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-agena-foundation-inc-morg_917c49f24d9e436796c82689b8f46bfa
BibTeX
@misc{grantable_262882583_2026,
author = {{Grantable}},
title = {{The Agena Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-agena-foundation-inc-morg_917c49f24d9e436796c82689b8f46bfa},
note = {Accessed 2026-10-14. 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 The Agena Foundation Inc'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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