The Al Stroobants Foundation logo

The Al Stroobants Foundation

LYNCHBURG, VA EIN: 20-5860939 Website

The Al Stroobants Foundation is a private foundation established in 2006 and located in Lynchburg, Virginia. The foundation was created by Al Stroobants, a Belgian-born entrepreneur who immigrated to the United States and built a successful manufacturing business. The foundation operates as a 501(c)(3) organization with tax-exempt status granted in October 2021.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$41.6M

+39.7% YoY

Annual Giving

$1.8M

+2.4% YoY

Grant Count

70

-5.4% YoY

Avg Grant Size

$25K

+8.3% YoY

Under IRS private-foundation payout rules, The Al Stroobants Foundation reported a distributable amount of $2.0M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

According to the foundation's stated purpose: "The Al Stroobants Foundation was established in 2006 for the purpose of providing financial support for those activities that extol the virtues of the human spirit and have as their goals the reduction of human suffering and promotion of the public welfare through education, the advancement of science and the arts."

The foundation's primary funding interests include:

  • Education
  • Human Services
  • Health and medical advancement
  • Arts and culture
  • Philanthropy and voluntarism
  • Community development and public welfare

Grantmaking

The foundation is an active grantmaker with a significant grant portfolio. Recent grantmaking activity includes:

Grant Range

& Frequency:**

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations and initiatives in Virginia, with particular emphasis on the Lynchburg area and surrounding counties including Bedford, Campbell, and Amherst counties.

Grant Distribution by State

3states

Cities

AltavistaAppomattoxBedfordBig IslandBrooknealBufordCharlottesvilleClintonConcordEvingtonFincastleForestLynchburgMadisonMadison HeightsMonetaRoanokeRustburgSweet Briar

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $41,591,242
  • Total Revenues: $17,241,316
  • Total Expenses: $2,131,083
  • Total Liabilities: $826 (as of 2023)

Historical Financial Data:

  • 2023: Assets of $29.8M, Expenses of $2.01M, Revenue of $1.15M

The foundation maintains substantial financial resources to support its grantmaking activities.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$19M20202021202220232024
Metric202420232022
Total Assets$41,591,242$29,774,888$30,629,700
Revenue$17,241,316$1,154,484$1,775,742
Expenses$2,131,083$2,009,544$2,083,817
Qualifying Distributions$1,845,357$1,798,989$1,635,255
Net Investment Income$2,209,063$935,058$1,573,481
Distributable Amount$2,014,097$1,708,394$2,081,576

Giving Over Time

Total grant dollars and number of grants per year

$0$453K$906K$1M$2M56 grants202050 grants202152 grants202274 grants202370 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CVCC EDUCATIONAL FOUNDAT…$243KJOHNSON HEALTH CENTER$108KLYNCHBURG BEACON OF HOPE$100KPARK VIEW COMMUNITY MISS…$100KAMERICAN RED CROSS - BLU…$80KLYNCHBURG CITY SCHOOLS E…$56KAVOCA MUSEUM AND HISTORI…$50KEVINGTON VOLUNTEER FIRE …$50KLYNCHBURG GROWS$50KINTERFAITH OUTREACH ASSO…$45K

Grant Size Distribution

250 grants across all recorded years

207<$50K23$50–100K16$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cvcc Educational Foundation Inc ($243,463), Johnson Health Center ($107,995), Lynchburg Beacon of Hope ($100,000).

RecipientPurposeAmount
ACADEMY CENTER OF THE ARTS INC LYNCHBURG, VAPROGRAM SUPPORT$25,000
ALL ARE ABLE INC DBA CRAVEABLES APPOMATTOX, VAPROGRAM SUPPORT$3,500
ALTAVISTA AREA YMCA INC ALTAVISTA, VAPROGRAM SUPPORT$25,000
AMAZEMENT SQUARE - THE RIGHTMIRE CHILDREN'S MUSEUM LYNCHBURG, VAPROGRAM SUPPORT$30,000
AMERICAN RED CROSS - BLUE RIDGE CHAPTER LYNCHBURG, VADISASTER RELIEF & BLOOD SERVICES$80,000
AVOCA MUSEUM AND HISTORICAL SOCIETY ALTAVISTA, VAPROGRAM SUPPORT$50,000
BIG BROTHER BIG SISTER OF CENTRAL VIRGINIA LYNCHBURG, VAONGOING MENTORING PROGRAM SUPPORT$15,000
BOWER CENTER FOR THE ARTS BEDFORD, VASUPPORT YOUTH OUTREACH PROGRAM$4,000
BOYS & GIRLS CLUB OF GREATER LYNCHBURG LYNCHBURG, VAPROGRAM SUPPORT$10,000
BROOK HILL RETIREMENT CENTER FOR HORSES INC FOREST, VAPROGRAM SUPPORT$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

Founder: Al Stroobants

Al Stroobants was born in Belgium during World War II and survived the war-torn conditions of the early 1940s. He completed his basic education and entered a trade apprentice program at Collège Technique de Charleroi, earning a machinist tool and die certificate within three years. At age 24, he immigrated to the United States through a student exchange program, eventually becoming one of only 35 young men from Belgium selected for this opportunity.

Stroobants founded Belgium Tool and Die (later renamed Belvac), which became one of the nation's most successful small businesses and a leader in can production machinery manufacturing. At its peak, the company held 90% of the can manufacturing market in the United States and 80% worldwide, servicing customers in 35 countries. Stroobants was also recognized as one of the top Angus cattle breeders in the world, selling livestock internationally to Japan, Australia, Brazil, and Canada.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RODGER FAUBERPRESIDENT/DIRECTOR2
C MICHAEL VALENTINEVICE PRESIDENT/DIRECTOR1
MICHAEL SPENCERSEC/TREASURER/DIRECTOR1
CARL MILKODIRECTOR1
DARRYL WHITESELLDIRECTOR1

Recent News & Activity

Recent developments and announcements

2026

**2026:** Centra Foundation received a $450,000 grant from the Al Stroobants Foundation to support the installation of a cardiac PET/CT scanner at Centra Lynchburg General Hospital. This investment is part of a larger $4.2 million commitment from Centra Foundation for the technology and facility renovations. The cardiac PET/CT scanner is expected to be operational later in 2026 and will be the first dedicated cardiac PET/CT scanner in the region.

Centra Foundation receives $450K grant from Al Stroobants Foundation to support
2024

**2024:** The foundation made 50+ grants totaling approximately $1.3 million, supporting organizations across education, health, human services, and community development sectors in Virginia.

**Ongoing:** The foundation continues to fund merit- and need-based scholarships at Sweet Briar College for students from local Virginia counties, with scholarships covering full tuition and fees for incoming first-year students.

Frequently Asked Questions

What does The Al Stroobants Foundation fund?

According to the foundation's stated purpose: "The Al Stroobants Foundation was established in 2006 for the purpose of providing financial support for those activities that extol the virtues of the human spirit and have as their goals the reduction of human suffering and promotion of the public welfare through education, the advancement of science and the arts." The foundation's primary funding interests include: • Education • Human Services • Health and medical advancement • Arts and culture •…

How do I apply for a grant from The Al Stroobants Foundation?

The foundation is an active grantmaker with a significant grant portfolio. Recent grantmaking activity includes: **Grant Size & Frequency:** • Typical award range: $100,000 to $360,000 • Made 50+ grants in 2024 • Total giving in 2024: $1,776,067 **Recent Notable Grants:** • $450,000 to Centra Foundation for cardiac PET/CT imaging technology at Centra Lynchburg General Hospital (2026) • $360,000 to Centra Foundation for heart and vascular care support (2022) • $107,995 to Johnson Health Center f…

Where does The Al Stroobants Foundation make grants?

The foundation primarily funds organizations and initiatives in Virginia, with particular emphasis on the Lynchburg area and surrounding counties including Bedford, Campbell, and Amherst counties.

What size grants does The Al Stroobants Foundation award?

In 2024, The Al Stroobants Foundation awarded 70 grants totaling $1.8M — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is The Al Stroobants Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Al Stroobants Foundation reported a distributable amount of $2.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Al Stroobants Foundation's EIN?

The Al Stroobants Foundation's EIN (Employer Identification Number) is 20-5860939. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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