The Ivy Foundation
The foundation is organized and operated exclusively for the benefit of the university of Virginia by providing financial support for scientific research at the university's health sciences center, school of engineering and applied sciences, and college of arts and sciences.
The Ivy Foundation at a glance
In short: The Ivy Foundation gave $100K across 1 grant in 2024 (avg $100K), mostly in Virginia. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $100,000
- Grants made (2024)
- 1
- Average grant
- $100,000
- Median grant
- $100,000
- Total assets
- $1,370,976
- -1.0% vs 2023
- Primary geography
- Virginia (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The Ivy Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was University of Virginia Medical Research-UVA ($100K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was in the $250–500K range: 2 grants of 4 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How The Ivy Foundation gives
- Giving fell 67% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $100K (2024) to $2.3M (2020). In 2024 it made 1 grant totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Virginia Medical Research-UVA Charlottesville, VA | Provide financial support & program support for scientific research at uva's health sciences center. | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,370,976 | $183,953 | $242,370 | $100,000 | 1 | $183,953 |
| 2023 | $1,384,405 | $54,330 | $148,336 | — | — | $54,330 |
| 2022 | $1,295,363 | $212,900 | $478,253 | $340,000 | 1 | $212,900 |
| 2021 | $2,118,242 | $380,892 | $441,177 | $300,000 | 1 | $380,892 |
| 2020 | $2,063,447 | $309,599 | $2,339,600 | $2,260,000 | 1 | $309,599 |
About The Ivy Foundation
Based on IRS filings
The Ivy Foundation is a public charity focused on Education, based in Charlottesville, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $184K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Ivy Foundation is led by Kari Evans, Executive Director on every filing since 2020; all 8 officers listed in 2024 are compensated.
Officers on the 2024 filing
Kari Evans
Executive Director
On filings since 2020
40 hrs/week
$42K (2020) → $104K (2024)
Robert Battle MD
Chairman & President
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Dean Gianakos MD
Director
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Marcus Lewis Martin II
Director
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Melina Kibbe MD
Director
On filings since 2021
1 hr/week
$1K (2021) → $1K (2024)
John P. Dimarcomd
Director
New on the 2024 filing
1 hr/week
$1K (2024)
Alden English
Secretary
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Martha Battle MD
Vice President & Treasurer
On filings since 2020
1 hr/week
$1K (2020) → $1K (2024)
Former officers (1)
- Former: David S. Wilkes MD (2020) — 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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $104K, to Kari Evans (Executive Director). 8 officers or directors reported compensation on that filing.
Frequently asked questions about The Ivy Foundation
How much does The Ivy Foundation give each year?
The Ivy Foundation gave $100K across 1 grant in 2024, according to its 2024 IRS Form 990.
How large is The Ivy Foundation?
The Ivy Foundation reported $1.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $184K.
What is The Ivy Foundation?
The Ivy Foundation is a public charity focused on Education, based in Charlottesville, VA. It holds $1.4M in total assets as of 2024.
Where does The Ivy Foundation operate?
The Ivy Foundation has awarded grants in Virginia.
What is The Ivy Foundation's EIN?
The Ivy Foundation's EIN (Employer Identification Number) is 31-1685355. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Ivy Foundation funds
Education Open opportunities, soonest deadline first.
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