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Key facts about The Endowment Project Education Foundation
In short: The Endowment Project Education Foundation gave $186K across 8 grants in 2024 (avg $23K), mostly in Virginia. Source: 2024 IRS Form 990.
- EIN
- 92-4023942
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $186,387
- Grants made (2024)
- 8
- Average grant
- $23,298
- Median grant
- $11,460
- Total assets
- $706,615
- Primary geography
- Virginia (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$707K
+210.9% YoY
Annual Giving
$186K
+300.0% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$23K
-0.0% YoY
About The Endowment Project Education Foundation
Based on IRS filings
The Endowment Project Education Foundation is a public charity focused on Education, based in Richmond, VA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $707K in total assets. In 2024, it awarded 8 grants totaling $186K. Net investment income was $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $47K (2023) to $186K (2024). In 2024 it made 8 grants totaling $186K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Armstrong High School ($39K). Together the top 5 received $99K.
Organizations only. It also paid 3 grants to individuals ($87,154), which are not listed by name.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 9 grants of 10 (90%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 3 grants to individuals Recipients not named | — | $87,154 |
| Armstrong High School Richmond, VA | Richmond Public School Fund for Teacher Excellance | $39,332 |
| Fairfield Court Elementary School Richmond, VA | Smartboards and Installation ($21,620), Lakeshore Learning ($5,361) | $26,981 |
| Fluvanna High School Palmyra, VA | Grant for Score Board | $12,500 |
| Open High School Richmond, VA | Biophillic Project Plants and Installation | $10,420 |
| Richmond High School for the Arts Richmond, VA | Edrising-PDK International | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $706,615 | $227,300 |
| Revenue | $1,029,670 | $361,567 |
| Expenses | $543,154 | $174,498 |
| Net Investment Income | $2,357 | $185 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS July 30, 2025)
- IRS filings on file for fiscal years 2023–2024
Leadership & Key People
Officers and directors from IRS filings
The Endowment Project Education Foundation is led by Danny Sterling, Executive Director on the 2024 filing; 3 of 10 officers listed in 2024 are compensated.
Officers on the 2024 filing
Danny Sterling
Executive Director
New on the 2024 filing
30 hrs/week
$3K (2024)
Emily Weinstein
Chairperson
New on the 2024 filing
1 hr/week
No compensation reported
Rachel Biundo
Former Executive Director
Executive Director → Former Executive Director, 2024
On filings since 2023
40 hrs/week
$26K (2023) → $49K (2024)
Leigh Ann Boland
Former Executive Director
New on the 2024 filing
40 hrs/week
$72K (2024)
Danny Avula
Member
On filings since 2023
1 hr/week
No compensation reported
Gerard Robinson
Secretary
On filings since 2023
1 hr/week
No compensation reported
John Kechriotis
Member
On filings since 2023
1 hr/week
No compensation reported
Pamela Kiecker Royall PhD
Member
On filings since 2023
1 hr/week
No compensation reported
Allen Soong
Treasurer
New on the 2024 filing
1 hr/week
No compensation reported
Stephanie Kirksey
Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Bill Hoffman (2023) — Chair
- Former: Jay Ripley (2023) — Treasurer
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $72K, to Leigh Ann Boland (Former Executive Director). 3 officers or directors reported compensation on that filing.
Frequently asked questions about The Endowment Project Education Foundation
How much does The Endowment Project Education Foundation give each year?
The Endowment Project Education Foundation gave $186K across 8 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $47K across 2 grants.
What is The Endowment Project Education Foundation's typical grant size?
The Endowment Project Education Foundation's median grant in 2024 was $11,460, and its average grant was $23,298, across 8 grants on its 2024 IRS Form 990.
Where does The Endowment Project Education Foundation give grants?
The Endowment Project Education Foundation gives mostly in Virginia: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Richmond, VA (4 grants).
Does The Endowment Project Education Foundation give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on The Endowment Project Education Foundation's 2024 IRS Form 990 were described as general or operating support.
Who are The Endowment Project Education Foundation's largest grantees?
The Endowment Project Education Foundation's largest 2024 grantees include Armstrong High School ($39,332), Fairfield Court Elementary School ($26,981) and Fluvanna High School ($12,500), according to its 2024 IRS Form 990. It also paid 3 grants to individuals ($87,154), which are not listed by name. Together they received 42% of its itemized 2024 grant dollars.
How large is The Endowment Project Education Foundation?
The Endowment Project Education Foundation reported $707K in total assets on its 2024 IRS Form 990. Its revenue that year was $1.0M.
What is The Endowment Project Education Foundation?
The Endowment Project Education Foundation is a public charity focused on Education, based in Richmond, VA. It holds $707K in total assets as of 2024.
What is The Endowment Project Education Foundation's EIN?
The Endowment Project Education Foundation's EIN (Employer Identification Number) is 92-4023942. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching The Endowment Project Education Foundation by hand.
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