The Margaret Grattan Weaver Foundation

Private foundation · Grantmaker Harrisonburg, VA EIN: 54-1848339

The Margaret Grattan Weaver Foundation is a private foundation, based in Harrisonburg, VA. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $353K. Net investment income was $755.

Key facts about The Margaret Grattan Weaver Foundation

In short: The Margaret Grattan Weaver Foundation gave $353K across 1 grant in 2024 (avg $353K), mostly in Virginia. Source: 2024 IRS Form 990-PF.

EIN
54-1848339
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$353,010
Grants made (2024)
1
Average grant
$353,010
Median grant
$353,010
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

—

Annual Giving

$353K

+292.2% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$353K

+684.5% YoY

Under IRS private-foundation payout rules, The Margaret Grattan Weaver Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

How The Margaret Grattan Weaver Foundation gives

  • Giving grew 783% from 2021 to 2024. Method
  • In 2024 it paid out well above 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 the 2024 grant dollars on its one itemized grant.

States

Cities

HarrisonburgWoodstock

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K1 grant2020 2 grants2021 2 grants2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $40K (2021) to $353K (2024). In 2024 it made 1 grant totaling $353K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

The Community Foundation: $353KThe Community Foundation$353K

The largest 2024 recipient was The Community Foundation ($353K).

Grant Size Distribution

8 grants across all recorded years

6<$50K1$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 8 (75%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Community Foundation Harrisonburg, VACharitable$353,010

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$361,354$381,550
Revenue$-351$78,152$5,400
Expenses$361,003$98,348$52,396
Qualifying Distributions$353,010$90,000$43,000
Net Investment Income$755$78,152$18,521
Distributable Amount$9,244$43,825$45,439

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 Margaret Grattan Weaver Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Asa Wesley Graves Vi

    Director

    On filings since 2020

    No compensation reported

  • Donald E. Showalter

    Director

    On filings since 2020

    No compensation reported

  • Richard C. Johnson

    Director

    On filings since 2020

    No compensation reported

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 Margaret Grattan Weaver Foundation

How much does The Margaret Grattan Weaver Foundation give each year?

The Margaret Grattan Weaver Foundation gave $353K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $90K across 2 grants.

Where does The Margaret Grattan Weaver Foundation operate?

The Margaret Grattan Weaver Foundation has awarded grants in Virginia.

How much is The Margaret Grattan Weaver Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Margaret Grattan Weaver Foundation reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Margaret Grattan Weaver Foundation's EIN?

The Margaret Grattan Weaver Foundation's EIN (Employer Identification Number) is 54-1848339. 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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