The Glencairn Foundation

CLIFTON FORGE, VA EIN: 26-6761893

The Glencairn Foundation is a private foundation based in Clifton Forge, Virginia. The organization operates as a philanthropic grantmaker focused on supporting educational initiatives within its local community.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.6M

-0.1% YoY

Annual Giving

$338K

+3.6% YoY

Grant Count

-7.4% YoY

Avg Grant Size

$14K

+11.9% YoY

Under IRS private-foundation payout rules, The Glencairn Foundation reported a distributable amount of $462K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary focus area is Education, with particular emphasis on scholarships and student financial aid programs.

Grantmaking

The foundation is not currently open to new applicants.

Grant Range

$12,000

Average Grant

amount: $228–$15,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations and initiatives in Virginia, with a specific focus on the Clifton Forge area and surrounding Alleghany County region.

Grant Distribution by State

Virginia $1.5M (100%)

States

Virginia

Cities

Clifton Forge

Financial History

Multi-year comparison from IRS filings

Metric	Amount
Total Assets	$5.6 million
Annual Expenses	$463,937
Annual Revenue	$192,866

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$5,609,194	$5,617,203	$5,888,274
Revenue	$469,701	$192,866	$475,429
Expenses	$477,710	$463,937	$515,665
Qualifying Distributions	$424,774	$413,399	$446,372
Net Investment Income	$416,765	$143,957	$424,899
Distributable Amount	$461,866	$408,431	$417,121

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

145 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Alison R Morton ($13,500), Amy Nicole J Lee ($13,500), Bailey Spencer ($13,500).

Recipient	Purpose	Amount
ALISON R MORTON CLIFTON FORGE, VA	SCHOLARSHIP	$13,500
AMY NICOLE J LEE CLIFTON FORGE, VA	SCHOLARSHIP	$13,500
BAILEY SPENCER CLIFTON FORGE, VA	SCHOLARSHIP	$13,500
CAITLIN M BURKE CLIFTON FORGE, VA	SCHOLARSHIP	$13,500
CHARLOTTE E SMITH CLIFTON FORGE, VA	SCHOLARSHIP	$13,500
CONLAN C STAUNTON CLIFTON FORGE, VA	SCHOLARSHIP	$13,500
DANIEL R CURTIS CLIFTON FORGE, VA	SCHOLARSHIP	$13,500
DARCY ROSS CLIFTON FORGE, VA	SCHOLARSHIP	$13,500
ASHLEY PAIGE BRUMMITTE CLIFTON FORGE, VA	SCHOLARSHIP	$13,500
GABRIEL P MILLER CLIFTON FORGE, VA	SCHOLARSHIP	$13,500

Leadership & Key People

Leadership team and compensation from IRS filings

R. Meade Snyder serves as a trustee of the foundation, dedicating 15 hours to the role with compensation of $90,390.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
R MEADE SNYDER	TRUSTEE	15	$87,228

Recent News & Activity

Recent developments and announcements

The foundation awarded $320,000 in scholarships to high school seniors in the region, including recipients from Alleghany High School (AHS) and Bath County High School (BCHS).

Glencairn Scholarships Total $320,000 - The Virginian Review

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What does The Glencairn Foundation fund?

The foundation's primary focus area is **Education**, with particular emphasis on scholarships and student financial aid programs.

How do I apply for a grant from The Glencairn Foundation?

**Grant Activity:** • Total giving (most recent year): $337,500 • Average grant amount: $228–$15,000 • Typical grant size: $12,000 • Recent grant awards: $320,000 in scholarships **Application Status:** The foundation is not currently open to new applicants.

Where does The Glencairn Foundation make grants?

The foundation primarily funds organizations and initiatives in **Virginia**, with a specific focus on the Clifton Forge area and surrounding Alleghany County region.

What size grants does The Glencairn Foundation award?

In 2024, The Glencairn Foundation awarded 25 grants totaling $338K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is The Glencairn Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Glencairn Foundation reported a distributable amount of $462K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.