The Elmwood Fund
The Elmwood Fund is a private family foundation established in 1970 and based in Richmond, Virginia. It is a 501(c)(3) organization operated by descendants of the Branch family. The foundation supports philanthropic initiatives across the United States with a focus on arts and culture, education, and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$623K
+0.6% YoY
Annual Giving
$125K
-49.2% YoY
Grant Count
20
-33.3% YoY
Avg Grant Size
$6K
-23.8% YoY
Under IRS private-foundation payout rules, The Elmwood Fund reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Elmwood Fund provides funding for:
- Arts and Culture — including historical preservation and architectural heritage
- Education — educational and charitable initiatives including scholarships
- Human Services — youth services and park and recreation services
Grantmaking
Grant Range
$26,000
Average Grant
$26,000
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Geographic Focus
Where this funder awards grants
The Elmwood Fund supports organizations across multiple U.S. states and cities, with documented funding activity in:
- Virginia (primary focus, particularly Richmond)
- New York
- Massachusetts
- Additional states: Alaska, Connecticut, Delaware, Maryland, North Carolina
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | Amount (2024) |
|---|---|
| Total Assets | $623,000 |
| Annual Revenue | $154,000 |
| Annual Expenses | $144,000 |
| Total Liabilities | $0 |
| Grants Awarded | $246,000 |
| Number of Grants | 30 |
The fund maintains a healthy financial position with no outstanding liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $622,721 | $619,178 | $675,353 |
| Revenue | $153,631 | $197,999 | $86,934 |
| Expenses | $144,088 | $259,203 | $194,192 |
| Qualifying Distributions | $125,000 | $246,000 | $176,000 |
| Net Investment Income | $141,660 | $186,821 | $70,767 |
| Distributable Amount | $60,530 | $53,363 | $62,726 |
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
139 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Branch Museum ($82,000), Virginia League of Planned Parenthood ($10,000), VCU Parkinsons & Marmert ($7,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Brick Presbyterian Church New York, NY | Educational, religious, and charitable(including scholarships to students under an approved program) | $500 |
| Camp Dudley at Kiniya Westport, NY | Educational, religious, and charitable(including scholarships to students under an approved program) | $500 |
| Chewanki Foundation Wiscasset, ME | Educational, religious, and charitable(including scholarships to students under an approved program) | $500 |
| Christ Church Quaker Hill Pawling, NY | Educational, religious, and charitable(including scholarships to students under an approved program) | $1,000 |
| Duke University Durham, NC | Educational, religious, and charitable(including scholarships to students under an approved program) | $500 |
| Maymont Foundation Richmond, VA | Educational, religious, and charitable(including scholarships to students under an approved program) | $500 |
| Pawling Yoga & Wellness Pawling, NY | Educational, religious, and charitable(including scholarships to students under an approved program) | $1,500 |
| Resource Center Pawling Pawling, NY | Educational, religious, and charitable(including scholarships to students under an approved program) | $2,000 |
| Sherman Chamber Ensemble New Milford, CT | Educational, religious, and charitable(including scholarships to students under an approved program) | $500 |
| St Catherines School Richmond, VA | Educational, religious, and charitable(including scholarships to students under an approved program) | $1,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Walter M. Dotts — President (serves without compensation)
- Mary Zeugner — Secretary/Treasurer (serves without compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mary Zeugner | Secretary/Treasurer | 1 | — |
| Walter M Dotts | President | 1 | — |
Contact Information
- Address: PO Box 85678, Richmond, VA 23285
- Phone: 804-780-2087
- EIN: 23-7075321
Frequently Asked Questions
What does The Elmwood Fund fund?
The Elmwood Fund provides funding for: • **Arts and Culture** — including historical preservation and architectural heritage • **Education** — educational and charitable initiatives including scholarships • **Human Services** — youth services and park and recreation services
How do I apply for a grant from The Elmwood Fund?
**Grant Activity:** • In 2024, the fund awarded approximately $246,000 across 30 grants • Average grant size: $26,000 • The fund reports being open to new applicants, with approximately 12% of new applicants funded **Recent Grant Recipients (documented):** • Art 180 (Richmond, VA) — $500 • Branch Museum of Architecture (Richmond, VA) — $67,000 • Brick Presbyterian Church (New York, NY) — $500 • Camp Dudley at Kiniya (Westport, NY) • Virginia Center for Architecture — $250,000 pledge **Financial…
Where does The Elmwood Fund make grants?
The Elmwood Fund supports organizations across multiple U.S. states and cities, with documented funding activity in: • Virginia (primary focus, particularly Richmond) • New York • Massachusetts • Additional states: Alaska, Connecticut, Delaware, Maryland, North Carolina
What size grants does The Elmwood Fund award?
In 2024, The Elmwood Fund awarded 20 grants totaling $125K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is The Elmwood Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Elmwood Fund reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Elmwood Fund'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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