The Buchanan Family Foundation Inc
The Buchanan Family Foundation Inc is a private foundation headquartered in Potomac, Maryland. Established in 2001, it operates as a 501(c)(3) charitable organization focused on making grants to nonprofit organizations across various sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+12.9% YoY
Annual Giving
$300K
+28.2% YoY
Grant Count
24
-17.2% YoY
Avg Grant Size
$13K
+54.9% YoY
Under IRS private-foundation payout rules, The Buchanan Family Foundation Inc reported a distributable amount of $253K for 2024 — the minimum it must pay out in qualifying distributions.
Grantmaking
The foundation made 29 grants in 2023, with the following characteristics:
Grant Range
** $5,000
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of the 2023 tax year:
- Total Assets: $3,774,197
- Total Revenues: $466,962
- Total Expenses: $260,568
- Total Grants, Contributions: $300,000
The foundation's total grants and contributions declined 41.3% from the prior year ($511,203 in 2022).
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,259,698 | $3,774,197 | $3,567,803 |
| Revenue | $819,694 | $466,962 | $633,779 |
| Expenses | $334,193 | $260,568 | $247,524 |
| Qualifying Distributions | $300,000 | $234,000 | $216,000 |
| Net Investment Income | $485,501 | $140,550 | $95,504 |
| Distributable Amount | $252,917 | $221,778 | $206,837 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
141 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Contingent ($73,500), Nature Conservancy ($50,000), Lifewise Academy - E&d ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 100 BLACK MEN OF GREATER WASHINGTON WASHINGTON, DC | CHARITABLE | $1,000 |
| BLUEGRASS MIRACLE LEAGUE (ROTARY CLUB OF LEXINGTON) LEXINGTON, KY | CHARITABLE | $2,000 |
| CORAL RESTORATION FOUNDATION KEY LARGO, FL | CHARITABLE | $7,500 |
| DC CENTRAL KITCHEN BOSTON, MA | CHARITABLE | $5,000 |
| FRIENDS OF THE CHILDREN PORTLAND, OR | CHARITABLE | $8,000 |
| LEXINGTON DREAM FACTORY LEXINGTON, KY | CHARITABLE | $15,000 |
| LEXINGTON HOPE CENTER LEXINGTON, KY | CHARITABLE | $6,000 |
| LEXINGTON REFUGE FOR WOMEN LEXINGTON, KY | CHARITABLE | $10,000 |
| MANNA FOOD BANK SILVER SPRING, MD | CHARITABLE | $5,000 |
| NATIONAL CENTER FOR CHILDREN AND FAMILIES BETHESDA, MD | CHARITABLE | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by the following board members:
- Robert E Buchanan – President
- Sharon B Buchanan – Vice President
- Ryan B Buchanan – Director
- Shannon B Stephens – Secretary
- Kirsten B Quigley – Treasurer
- G Chris Stephens MD – Director
- Brett R Quigley – Director
- Shannon Buchanan – Director
All board members serve with minimal time commitment (0.1 to 0.4 hours per week) and receive no compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT E BUCHANAN | PRESIDENT | 0.1 | — |
| SHARON B BUCHANAN | VICE PRESIDENT | 0.1 | — |
| RYAN B BUCHANAN | DIRECTOR | 0.1 | — |
| SHANNON B STEPHENS | SECRETARY | 0.1 | — |
| KIRSTEN B QUIGLEY | TREASURER | 0.4 | — |
| G CHRIS STEPHENS MD | DIRECTOR | 0.1 | — |
| BRETT R QUIGLEY | DIRECTOR | 0.1 | — |
| SHANNON BUCHANAN | DIRECTOR | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
How do I apply for a grant from The Buchanan Family Foundation Inc?
The foundation made 29 grants in 2023, with the following characteristics: • **Median Grant Size:** $5,000 • **Maximum Grant Size:** $52,000 • **Total Distributions:** $234,000 Notable grants made include: • The Contingent – $52,000 • 100 Black Men of Greater Washington DC – $25,000 • World Central Kitchen – $10,000 The foundation also made grants to the Portland Leadership Foundation and other charitable organizations, with a total of 18 grants documented in available records.
What size grants does The Buchanan Family Foundation Inc award?
In 2024, The Buchanan Family Foundation Inc awarded 24 grants totaling $300K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is The Buchanan Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Buchanan Family Foundation Inc reported a distributable amount of $253K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Buchanan Family Foundation Inc's EIN?
The Buchanan Family Foundation Inc's EIN (Employer Identification Number) is 52-2264894. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in The Buchanan Family Foundation Inc's focus areas in our free grants database
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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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