The Carol M and Charles G Thalhimer Jr

Foundation · Grantmaker Richmond, VA EIN: 54-6460302

The Carol M and Charles G Thalhimer Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richmond, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 7 grants totaling $100K. Net investment income was $170K.

Key facts about The Carol M and Charles G Thalhimer Jr

EIN: 54-6460302
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $100,000
Grants made (2024): 7
Average grant: $14,286
Median grant: $15,000
Total assets: $1,723,244
Primary geography: Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Carol M and Charles G Thalhimer Jr funds

By grant dollars, the top recipient states for The Carol M and Charles G Thalhimer Jr's 7 itemized 2024 grants were Virginia (100%). The most frequent recipient cities were Richmond, VA (7 grants). 86% of grants with a stated purpose were for general or operating support.

How The Carol M and Charles G Thalhimer Jr gives

Giving held roughly steady from 2021 to 2024 (+5%). Method
In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with The Carol M and Charles G Thalhimer Jr

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+4.0% YoY

Annual Giving

$100K

+0.0% YoY

Grant Count

-12.5% YoY

Avg Grant Size

$14K

+14.3% YoY

Under IRS private-foundation payout rules, The Carol M and Charles G Thalhimer Jr reported a distributable amount of $110K for 2024 — the minimum it must pay out in qualifying distributions.

About The Carol M and Charles G Thalhimer Jr

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $100K (100%)

Share of all 7 itemized 2024 grant dollars.

States

Virginia

Cities

Richmond

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,723,244	$1,657,020	$1,564,548
Revenue	$177,742	$203,323	$97,176
Expenses	$111,518	$110,851	$107,002
Qualifying Distributions	$100,000	$101,700	$96,772
Net Investment Income	$170,453	$195,273	$88,921
Distributable Amount	$110,455	$99,652	$101,475

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

40 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Collegiate School ($15,000), Feedmore (Central Virginia Foodbank) ($15,000), Maymont Foundation ($15,000).

Recipient	Purpose	Amount
COLLEGIATE SCHOOL Richmond, VA	GENERAL PURPOSES	$15,000
FEEDMORE (CENTRAL VIRGINIA FOODBANK) Richmond, VA	GENERAL PURPOSES	$15,000
MAYMONT FOUNDATION Richmond, VA	GENERAL OPERATIONS	$15,000
MCV FOUNDATION Richmond, VA	PULMONARY - ADVANCED LUNG DISEASE RESEARCH	$15,000
THE DOORWAYS Richmond, VA	GENERAL PURPOSES	$15,000
VCU MASSEY CANCER CENTER Richmond, VA	GENERAL PURPOSES	$15,000
BOYS & GIRLS CLUBS OF METRO RICHMOND Richmond, VA	GENERAL PURPOSES	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Charles G Thalhimer III	Treasurer	1	—
Carol M Thalhimer	President	1	—
Harry R Thalhimer	Vicepresident	1	—
Margaret R Thalhimer	Secretary	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Carol M and Charles G Thalhimer Jr?

The Carol M and Charles G Thalhimer Jr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Richmond, VA. It holds $1.7M in total assets as of 2024.

How large is The Carol M and Charles G Thalhimer Jr?

As of 2024, The Carol M and Charles G Thalhimer Jr holds $1.7M in total assets with $178K in annual revenue. It awarded 7 grants totaling $100K in 2024.

Where does The Carol M and Charles G Thalhimer Jr operate?

The Carol M and Charles G Thalhimer Jr has awarded grants in Virginia.

What size grants does The Carol M and Charles G Thalhimer Jr award?

In 2024, The Carol M and Charles G Thalhimer Jr awarded 7 grants totaling $100K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is The Carol M and Charles G Thalhimer Jr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Carol M and Charles G Thalhimer Jr reported a distributable amount of $110K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Carol M and Charles G Thalhimer Jr's EIN?

The Carol M and Charles G Thalhimer Jr's EIN (Employer Identification Number) is 54-6460302. IRS Form 990 filing data is available on this page for 2020–2024.