The Florence L Page Fund

Private foundation · Grantmaker Richmond, VA EIN: 54-6053584

The Florence L Page Fund is a private foundation, based in Richmond, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $262K in total assets. In 2024, it awarded 8 grants totaling $20K. Net investment income was $16K.

Key facts about The Florence L Page Fund

In short: The Florence L Page Fund gave $20K across 8 grants in 2024 (avg $2K), mostly in Virginia. Source: 2024 IRS Form 990-PF.

EIN
54-6053584
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$19,740
Grants made (2024)
8
Average grant
$2,468
Median grant
$2,000
Total assets
$262,188
Primary geography
Virginia (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$262K

+1.3% YoY

Annual Giving

$20K

+9.7% YoY

Grant Count

8

-11.1% YoY

Avg Grant Size

$2K

+23.4% YoY

Under IRS private-foundation payout rules, The Florence L Page Fund reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.

How The Florence L Page Fund gives

  • Giving held roughly steady from 2021 to 2024 (+4%). Method
  • In 2024 it paid out 117% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 8 itemized grants.

States

Cities

MontpelierBeaverdamDoswell

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K7 grants2020 7 grants2021 8 grants2022 9 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $18K (2023) to $20K (2024). In 2024 it made 8 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Florence L Page Mem Library: $6KFlorence L Page Mem Library$6KChurch of Our Savior: $2KChurch of Our Savior$2KMontpelier Center: $2KMontpelier Center$2KFork Church: $2KFork Church$2KBeaverdam Vol FD: $2KBeaverdam Vol FD$2KSt James Baptist Church: $2KSt James Baptist Church$2KMontpelier VFD: $2KMontpelier VFD$2KHanover Community Center: $2KHanover Community Center$2K

The largest 2024 recipient was Florence L Page Mem Library ($6K). Together the top 8 received $20K.

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 39 grants of 39 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Florence L Page Mem Library Montpelier, VAUnrestricted$5,740
Church of Our Savior Montpelier, VAUnrestricted$2,000
Montpelier Center Montpelier, VAUnrestricted$2,000
Fork Church Doswell, VAUnrestricted$2,000
Beaverdam Vol FD Beaverdam, VAUnrestricted$2,000
St James Baptist Church Beaverdam, VAUnrestricted$2,000
Montpelier VFD Beaverdam, VAUnrestricted$2,000
Hanover Community Center Montpelier, VAUnrestricted$2,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$262,188$258,911$258,080
Revenue$26,833$27,883$7,922
Expenses$23,556$27,052$20,825
Qualifying Distributions$19,740$24,419$20,475
Net Investment Income$16,177$3,180—
Distributable Amount$16,926$15,307$12,688

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Florence L Page Fund is led by Samuel M Bemiss, President on every filing since 2023; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Samuel M Bemiss

    President

    On filings since 2023

    No compensation reported

  • Rosewell Page III

    Treasurer

    Secretarytreasurer → Treasurer, 2023

    On filings since 2020

    No compensation reported

  • Courtney P Ferrell

    Secretary

    On filings since 2023

    No compensation reported

Former officers (3)
  • Former: Fitzgerald Bemiss (2020–2022) — President
  • Former: Madge W Bemiss (2020–2022) — Director
  • Former: William M Hill (2020–2022) — Director

Data from IRS Form 990 filings, 2020–2024. "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 Florence L Page Fund

How much does The Florence L Page Fund give each year?

The Florence L Page Fund gave $20K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $18K across 9 grants.

What is The Florence L Page Fund's typical grant size?

The Florence L Page Fund's median grant in 2024 was $2,000, and its average grant was $2,468, across 8 grants on its 2024 IRS Form 990-PF.

Where does The Florence L Page Fund give grants?

The Florence L Page Fund gives mostly in Virginia: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Montpelier, VA (4 grants) and Beaverdam, VA (3 grants).

Does The Florence L Page Fund give general operating support?

Yes: 100% of The Florence L Page Fund's 2024 grants with a stated purpose (8 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Florence L Page Fund's largest grantees?

The Florence L Page Fund's largest 2024 grantees include Florence L Page Mem Library ($5,740), Church of Our Savior ($2,000) and Montpelier Center ($2,000), according to its 2024 IRS Form 990-PF. Together they received 49% of its itemized 2024 grant dollars.

How large is The Florence L Page Fund?

The Florence L Page Fund reported $262K in total assets on its 2024 IRS Form 990-PF. It paid out $20K in qualifying distributions that year, against a required minimum of $17K (roughly 5% of its investment assets).

What is The Florence L Page Fund's EIN?

The Florence L Page Fund's EIN (Employer Identification Number) is 54-6053584. IRS Form 990 filing data is available on this page for 2020–2024.

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

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