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

The foundation has a history of supporting both early-stage and legacy organizations across its funding priorities. Recent grant activity includes: **Recent Grants (2024):** • Friends of Richmond Community High School: $65,000 (General Purposes) • Childsavers - Memorial Child Guidance Clinic: $50,000 (General Purposes) • Virginia Center for Inclusive Communities: $50,000 (General Purposes) • Additional 19 grants totaling approximately $865,000 The foundation maintains an active grantmaking prog…

The Jackson Foundation

RICHMOND, VA EIN: 54-1186114 Website

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The Jackson Foundation is a private family foundation established in 1981 by business executive and philanthropist Andrew J. Asch Jr. Based in Richmond, Virginia, the foundation operates as a 501(c)(3) organization and has been tax-exempt since May 1982. The foundation functions as a grantmaking entity focused on strengthening community life in the metro Richmond region.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16.8M

+2.5% YoY

Annual Giving

$1.1M

-9.5% YoY

Grant Count

-3.2% YoY

Avg Grant Size

$37K

-6.4% YoY

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

Mission & Focus Areas

Mission: The mission of the Jackson Foundation is to honor the legacy of our founder by investing in education and services in the metro Richmond region to enrich and uplift the lives of those most in need.

Vision: The vision of the Jackson Foundation is to be a perpetual resource for advancing opportunities that will strengthen and enrich our diverse community.

Funding Priorities: The foundation's historical funding interests reflect founder Andrew J. Asch Jr.'s civic involvement and include:

Education and educational enrichment for youth
Social services and welfare
Economic development and civic engagement opportunities
Housing supports and job training in low-income neighborhoods
Community-based cultural and performing arts training
Safety-net and social welfare services for underserved and vulnerable populations, including refugee and immigrant citizens
Historic preservation
Culture and the arts
Environment
Public policy

The foundation emphasizes innovative philanthropy that results in relevant, sustainable programs, along with strategic capacity building grants to strengthen organizations.

Grantmaking

The foundation has a history of supporting both early-stage and legacy organizations across its funding priorities. Recent grant activity includes:

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in the metro Richmond region of Virginia.

Grant Distribution by State

Virginia $4.9M (100%)

District of Columbia $2K (0%)

States

District of Columbia Virginia

Cities

ChesterChesterfieldGlen AllenHenricoMidlothianRichmondRockvilleWashington

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending November 2024:

Total Assets: $16.8 million
Total Revenues: $1.74 million
Total Expenses: $1.36 million
Total Liabilities: $5.62 thousand
Investment Income and Dividends: $234,985
Number of Employees: 1

Financial Trend: Investment income declined 20.1% from fiscal year 2023 ($293,928) to fiscal year 2024 ($234,985).

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$16,788,383	$16,378,949	$16,243,131
Revenue	$1,739,097	$1,571,742	$2,087,276
Expenses	$1,355,761	$1,451,723	$1,047,739
Qualifying Distributions	$1,101,000	$1,216,000	$824,500
Net Investment Income	$1,495,930	$1,367,925	$1,888,234
Distributable Amount	$1,104,226	$953,497	$993,586