The Elmwood Fund
The Elmwood Fund is a private foundation based in Richmond, Virginia. Its 2025 grants went primarily to organizations in Virginia and included support for the Branch Museum, educational organizations, churches, and other charitable organizations.
The Elmwood Fund at a glance
In short: The Elmwood Fund gave $156K across 20 grants in 2025 (avg $8K), mostly in Virginia. 15% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $156,000
- +24.8% vs 2024
- Grants made (2025)
- 20
- +0.0% vs 2024
- Average grant
- $7,800
- +24.8% vs 2024
- Median grant
- $1,250
- Total assets
- $626,065
- +0.5% vs 2024
- New grantees (estimate)
- 15% first-time grantees (2 of 13, 2025; small sample)
- Primary geography
- Virginia (86% 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 Elmwood Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 2720 E Broad St, Richmond, VA 23223
Phone: (804) 780-2087
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Elmwood Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Branch Museum ($117K). Together the top 10 received $146K.
Organizations only. It also paid 1 individual scholarship ($3,500), which are not listed by name.
Grant Size Distribution
131 grants across all recorded years
The most common grant size was under $50K: 126 grants of 131 (96%).
Geographic Focus
Where this funder awards grants
In 2025, 86% of grant dollars went to recipients in Virginia, 7% to recipients in DC, 4% to recipients in New York, 2% to recipients in California, and less than 1% to recipients in Maine.
Grant Distribution by State
Share of 2025 grant dollars across all 20 itemized grants.
States
Cities
Is The Elmwood Fund open to new grantees?
15%
first-time grantees, 2025
In 2025, 2 of 13 grantees (15%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $1K; repeat grants $13K. How we count
Medians: $1K first-time, $1K repeat.
- 77% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−11%). Method
- In 2025 it paid out 268% of its IRS minimum distribution (the 5% rule). 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 $115K (2020) to $246K (2023). In 2025 it made 20 grants totaling $156K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Branch Museum Richmond, VA | Educational, religious, and charitable(including scholarships to students under an approved program) | $117,000 |
| Virginia League of Planned Parenthood Washington, DC | Educational, religious, and charitable(including scholarships to students under an approved program) | $11,000 |
| Foundation for Nation Culver City, CA | Educational, religious, and charitable(including scholarships to students under an approved program) | $3,500 |
| 1 individual scholarship Recipients not named | — | $3,500 |
| VCU Richmond, VA | Educational, religious, and charitable(including scholarships to students under an approved program) | $3,500 |
| St James Episcopal Church Richmond, VA | Educational, religious, and charitable(including scholarships to students under an approved program) | $3,000 |
| Child Savers Richmond, VA | Educational, religious, and charitable(including scholarships to students under an approved program) | $2,500 |
| Pawling Yoga & Wellness Pawling, NY | Educational, religious, and charitable(including scholarships to students under an approved program) | $1,500 |
| St Catherines School Richmond, VA | Educational, religious, and charitable(including scholarships to students under an approved program) | $1,500 |
| St Paul's Episcopal Church Richmond, VA | Educational, religious, and charitable(including scholarships to students under an approved program) | $1,500 |
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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 | $626,065 | $180,956 | $170,612 | $156,000 | 20 | $156,000 | $168,997 | $58,260 |
| 2024 | $622,721 | $153,631 | $144,088 | $125,000 | 20 | $125,000 | $141,660 | $60,530 |
| 2023 | $619,178 | $197,999 | $259,203 | $246,000 | 30 | $246,000 | $186,821 | $53,363 |
| 2022 | $675,353 | $86,934 | $194,192 | $176,000 | 33 | $176,000 | $70,767 | $62,726 |
| 2021 | $782,611 | $184,326 | $133,317 | $122,902 | 28 | $122,902 | $176,779 | $54,685 |
| 2020 | $731,602 | $98,693 | $127,948 | $114,500 | 28 | — | $87,780 | $64,840 |
Under IRS private-foundation payout rules, The Elmwood Fund reported a distributable amount of $58K 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
No mission statement for the fund is provided. Its 2025 grants show support for a range of charitable organizations. St. Andrew’s School, a 2025 recipient, says its mission is to provide children with a high-quality education through full scholarships and to nurture their intellectual, creative, moral, and spiritual growth. The Maymont Foundation, also a 2025 recipient, says it is committed to creating experiences that delight, educate, and inspire.
Grantmaking
In 2025, the fund awarded $156,000 across 20 grants. Grant amounts ranged from $500 to $117,000, with a median grant of $1,250. The largest grant was $117,000 to the Branch Museum in Richmond, Virginia. Other notable grants included $11,000 to Virginia League of Planned Parenthood in Washington, DC, and $3,500 each to Foundation for Nation, an individual recipient, and VCU. St. Andrew’s School and the Maymont Foundation each received $1,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Walter M Dotts as President and Mary Zeugner as Secretary/Treasurer.
The Elmwood Fund is led by Walter M Dotts, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Walter M Dotts
President
On filings since 2020
1 hr/week
No compensation reported
Mary Zeugner
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
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.
Frequently asked questions about The Elmwood Fund
How much does The Elmwood Fund give each year?
The Elmwood Fund gave $156K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $125K across 20 grants.
What is The Elmwood Fund's typical grant size?
The Elmwood Fund's median grant in 2025 was $1,250, and its average grant was $7,800, across 20 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Elmwood Fund that year got $1K on average.
Where does The Elmwood Fund give grants?
The Elmwood Fund gives mostly in Virginia: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (7%). The most frequent recipient cities were Richmond, VA (10 grants) and Pawling, NY (2 grants).
Does The Elmwood Fund give general operating support?
Not in 2025: none of the 20 grants with a stated purpose on The Elmwood Fund's 2025 IRS Form 990-PF were described as general or operating support.
Who are The Elmwood Fund's largest grantees?
The Elmwood Fund's largest 2025 grantees include The Branch Museum ($117,000), Virginia League of Planned Parenthood ($11,000) and Foundation for Nation ($3,500), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($3,500), which are not listed by name. Together they received 84% of its itemized 2025 grant dollars.
How large is The Elmwood Fund?
The Elmwood Fund reported $626K in total assets on its 2025 IRS Form 990-PF. It paid out $156K in qualifying distributions that year, against a required minimum of $58K (roughly 5% of its investment assets).
What does The Elmwood Fund fund?
No mission statement for the fund is provided. Its 2025 grants show support for a range of charitable organizations. St. See mission & focus areas ↑
How do I apply for a grant from The Elmwood Fund?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Elmwood Fund's EIN?
The Elmwood Fund's EIN (Employer Identification Number) is 23-7075321. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Elmwood Fund 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 May 14, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Elmwood Fund funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-elmwood-fund-morg_c8cb51ece8bd40d0883bc495d19869ac
BibTeX
@misc{grantable_237075321_2026,
author = {{Grantable}},
title = {{The Elmwood Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-elmwood-fund-morg_c8cb51ece8bd40d0883bc495d19869ac},
note = {Accessed 2026-10-12. 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 Elmwood Fund'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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