The Jane and Arthur Flippo Endowment Foundation logo

The Jane and Arthur Flippo Endowment Foundation

Public charity · Grantmaker Richmond, VA EIN: 46-2943706 Website

The foundation supports literary, scientific, and educational programs, with preference given to organizations principally serving hanover, caroline and king William counties.

Key facts about The Jane and Arthur Flippo Endowment Foundation

In short: The Jane and Arthur Flippo Endowment Foundation gave $122K across 4 grants in 2024 (avg $30K), mostly in Virginia. Source: 2024 IRS Form 990.

EIN
46-2943706
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$121,678
Grants made (2024)
4
Average grant
$30,420
Median grant
$22,500
Total assets
$13,175,539
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

$13.2M

-1.5% YoY

Annual Giving

$122K

+31.9% YoY

Grant Count

4

+33.3% YoY

Avg Grant Size

$30K

-1.1% YoY

How The Jane and Arthur Flippo Endowment Foundation gives

  • Giving grew 172% from 2021 to 2024. Method

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

About The Jane and Arthur Flippo Endowment Foundation

Based on IRS filings

The Jane and Arthur Flippo Endowment Foundation is a public charity, based in Richmond, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.2M in total assets. In 2024, it awarded 4 grants totaling $122K. Net investment income was $38K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 4 itemized grants.

States

Cities

RichmondAshlandMechanicsville

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K1 grant2020 1 grant2021 1 grant2022 3 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $44K (2020) to $122K (2024). In 2024 it made 4 grants totaling $122K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

The Community Foundation Inc: $67KThe Community Foundation Inc$67KPreservation Virginia: $30KPreservation Virginia$30KHanover Safe Place: $15KHanover Safe Place$15KAshland Christian Emergency Services: $10KAshland Christian EmergencyServices$10K

The largest 2024 recipient was The Community Foundation Inc ($67K). Together the top 4 received $122K.

Grant Size Distribution

10 grants across all recorded years

8<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 10 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Community Foundation Inc Richmond, VAUnrestricted Support$66,678
Preservation Virginia Richmond, VASupport the Scotchtown Handicap Access and Education Center$30,000
Hanover Safe Place Ashland, VAGeneral Operating Support$15,000
Ashland Christian Emergency Services Ashland, VAGeneral Operating Support$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$13,175,539$13,373,527$13,479,020
Revenue$398,946$220,988$933,645
Expenses$219,540$115,016$127,517
Net Investment Income$38,483$20,278$4,000

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 8, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Jane and Arthur Flippo Endowment Foundation is led by Sylvia S. Acors, Chair on every filing since 2020; none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Sylvia S. Acors

    Chair

    On filings since 2020

    1 hr/week

    No compensation reported

  • Farhad Aghdami

    Appointed Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Grayson S. Johnson

    Appointed Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • J. Franklin Jones Jr.

    Legacy Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Norman L. Long

    Legacy Director

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Anne G. Cross

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Sherrie Armstrong

    Treasurer

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Former officers (1)
  • Former: Harold Starke (2020) — Appointed 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 Jane and Arthur Flippo Endowment Foundation

How much does The Jane and Arthur Flippo Endowment Foundation give each year?

The Jane and Arthur Flippo Endowment Foundation gave $122K across 4 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $92K across 3 grants.

What is The Jane and Arthur Flippo Endowment Foundation's typical grant size?

The Jane and Arthur Flippo Endowment Foundation's median grant in 2024 was $22,500, and its average grant was $30,420, across 4 grants on its 2024 IRS Form 990.

Where does The Jane and Arthur Flippo Endowment Foundation give grants?

The Jane and Arthur Flippo Endowment 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 (2 grants) and Ashland, VA (2 grants).

Does The Jane and Arthur Flippo Endowment Foundation give general operating support?

Yes: 75% of The Jane and Arthur Flippo Endowment Foundation's 2024 grants with a stated purpose (3 of 4) were for general or operating support, per its 2024 IRS Form 990.

How large is The Jane and Arthur Flippo Endowment Foundation?

The Jane and Arthur Flippo Endowment Foundation reported $13.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $399K.

What is The Jane and Arthur Flippo Endowment Foundation's EIN?

The Jane and Arthur Flippo Endowment Foundation's EIN (Employer Identification Number) is 46-2943706. IRS Form 990 filing data is available on this page for 2020–2024.

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

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