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The Clovelly Foundation

Foundation · Grantmaker RICHMOND, VA EIN: 54-1900970 Website

The Clovelly Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2019 through 2025. In 2025, it awarded 20 grants totaling $255K.

Key facts about The Clovelly Foundation

EIN
54-1900970
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$255,100
Grants made (2025)
20
Average grant
$12,755
Median grant
$5,000
New grantees (estimate)
45% first-time grantees (9 of 20, 2025)
Primary geography
Virginia (79% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who The Clovelly Foundation funds

By grant dollars, the top recipient states for The Clovelly Foundation's 20 itemized 2025 grants were Virginia (79%) and Tennessee (14%). The most frequent recipient cities were Richmond, VA (9 grants) and Boston, MA (2 grants). None of its 20 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Support" (17 grants) and "Educational Support" (3 grants).

Is The Clovelly Foundation open to new grantees?

45%

first-time grantees, 2025

In 2025, 9 of 20 grantees (45%) were first-time recipients. First grants averaged $2K; repeat grants $21K. How we count

Medians: $1K first-time, $5K repeat.

  • 55% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+12%). Method

Estimate from itemized IRS Form 990-PF grant lists (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$255K

-51.7% YoY

Grant Count

20

+11.1% YoY

Avg Grant Size

$13K

-56.5% YoY

About The Clovelly Foundation

Based on IRS filings

The Clovelly Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. IRS filing data is available from 2019 through 2025. In 2025, it awarded 20 grants totaling $255K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

11states

Share of all 20 itemized 2025 grant dollars.

Cities

RichmondNew YorkFarmvilleGallatinJacksonvilleGlen AllenAlexandriaBostonBrunswickLexingtonLouisvilleWashingtonBronxCambridgeChagrin FallsCharlotteClevelandDallasMcLeanNashville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12019202020212022202320242025
Metric202520242023
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$132K$264K$396K$528K16 grants201911 grants202012 grants202112 grants202218 grants202318 grants202420 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Hampden-Sydney College: $129KHampden-Sydney College$129KTrousdale Place: $31KTrousdale Place$31KVirginia Museum of Fine Arts Founda: $20KVirginia Museum of Fine ArtsFounda$20KThe Richmond Symphony: $20KThe Richmond Symphony$20KBoys Girls Clubs of Richmond: $10KBoys Girls Clubs of Richmond$10KSt Stephen's Episcopal Church: $5KSt Stephen's Episcopal Church$5KMayo Clinic Foundation: $5KMayo Clinic Foundation$5KMission Gait Foundation: $5KMission Gait Foundation$5KUnited Way: $5KUnited Way$5KCommonwealth Shakespeare Company: $5KCommonwealth ShakespeareCompany$5K

Grant Size Distribution

80 grants across all recorded years

71<$50K7$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Hampden-Sydney College ($128,500), Trousdale Place ($30,500), Virginia Museum of Fine Arts Founda ($20,000).

RecipientPurposeAmount
HAMPDEN-SYDNEY COLLEGE FARMVILLE, VAEDUCATIONAL SUPPORT$128,500
TROUSDALE PLACE GALLATIN, TNCHARITABLE SUPPORT$30,500
VIRGINIA MUSEUM OF FINE ARTS FOUNDA RICHMOND, VACHARITABLE SUPPORT$20,000
THE RICHMOND SYMPHONY RICHMOND, VACHARITABLE SUPPORT$20,000
BOYS GIRLS CLUBS OF RICHMOND RICHMOND, VACHARITABLE SUPPORT$10,000
ST STEPHEN'S EPISCOPAL CHURCH RICHMOND, VACHARITABLE SUPPORT$5,000
MAYO CLINIC FOUNDATION JACKSONVILLE, FLCHARITABLE SUPPORT$5,000
MISSION GAIT FOUNDATION RICHMOND, VACHARITABLE SUPPORT$5,000
UNITED WAY ALEXANDRIA, VACHARITABLE SUPPORT$5,000
COMMONWEALTH SHAKESPEARE COMPANY BOSTON, MACHARITABLE SUPPORT$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2025 IRS filing

NameTitleHoursCompensation
Thomas N AllenPresident——
Bernadette G PalmerTreasurer——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Clovelly Foundation?

The Clovelly Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in RICHMOND, VA. It holds — in total assets as of 2025.

Where does The Clovelly Foundation operate?

The Clovelly Foundation has awarded grants in District of Columbia, Florida, Georgia, Kentucky, Massachusetts, North Carolina, New York, Ohio, Tennessee, Texas, Virginia.

What size grants does The Clovelly Foundation award?

In 2025, The Clovelly Foundation awarded 20 grants totaling $255K — an average of about $13K per grant, based on its IRS Form 990 filings.

What is The Clovelly Foundation's EIN?

The Clovelly Foundation's EIN (Employer Identification Number) is 54-1900970. IRS Form 990 filing data is available on this page for 2019–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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