The Mitchell Foundation

Foundation · Grantmaker McLean, VA EIN: 54-1852192

The Mitchell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in McLean, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 2 grants totaling $310K. Net investment income was $293K.

Key facts about The Mitchell Foundation

EIN
54-1852192
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$310,000
Grants made (2024)
2
Average grant
$155,000
Median grant
$155,000
Total assets
$5,461,186
Primary geography
Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How The Mitchell Foundation gives

  • Giving grew 48% from 2021 to 2024. Method
  • In 2024 it paid out 115% of its IRS minimum distribution (the 5% rule). Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.5M

+1.4% YoY

Annual Giving

$310K

+47.6% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$155K

-26.2% YoY

Under IRS private-foundation payout rules, The Mitchell Foundation reported a distributable amount of $268K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mitchell Foundation

Based on IRS filings

The Mitchell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in McLean, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.5M in total assets. In 2024, it awarded 2 grants totaling $310K. Net investment income was $293K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 2 itemized 2024 grant dollars.

States

Cities

OaktonBlacksburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$205K$410K$615K$820K20202021202220232024
Metric202420232022
Total Assets$5,461,186$5,385,707$5,424,141
Revenue$423,071$204,900$370,783
Expenses$344,943$242,311$331,883
Qualifying Distributions$310,000$210,000$290,000
Net Investment Income$293,439$190,189$241,924
Distributable Amount$268,499$254,203$273,643

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$78K$155K$233K$310K2 grants20201 grants20212 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Virginia Tech Foundation: $300KVirginia Tech Foundation$300KFlint Hill School: $10KFlint Hill School$10K

Grant Size Distribution

8 grants across all recorded years

2<$50K1$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Virginia Tech Foundation ($300,000), Flint Hill School ($10,000).

RecipientPurposeAmount
Virginia Tech Foundation Blacksburg, VAEducational$300,000
Flint Hill School Oakton, VAEducational$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Norris E MitchellTrustee——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Mitchell Foundation?

The Mitchell Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in McLean, VA. It holds $5.5M in total assets as of 2024.

How large is The Mitchell Foundation?

As of 2024, The Mitchell Foundation holds $5.5M in total assets with $423K in annual revenue. It awarded 2 grants totaling $310K in 2024.

Where does The Mitchell Foundation operate?

The Mitchell Foundation has awarded grants in Virginia.

What size grants does The Mitchell Foundation award?

In 2024, The Mitchell Foundation awarded 2 grants totaling $310K — an average of about $155K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mitchell Foundation reported a distributable amount of $268K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Mitchell Foundation's EIN?

The Mitchell Foundation's EIN (Employer Identification Number) is 54-1852192. IRS Form 990 filing data is available on this page for 2020–2024.

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

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