The Richard Stravitz Foundation
The Richard Stravitz Foundation is a private foundation based in Virginia Beach, Virginia. It operates as a grantmaking foundation with a focus on education, philanthropy, voluntarism, and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.6M
+16.5% YoY
Annual Giving
$2.0M
+51.2% YoY
Grant Count
26
+116.7% YoY
Avg Grant Size
$77K
-30.2% YoY
Under IRS private-foundation payout rules, The Richard Stravitz Foundation reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Obesity Prevention
- COVID-19 Relief
- Disaster Preparedness and Relief
Grantmaking
The foundation primarily directs grants to organizations in New York, Massachusetts, and California.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $18,632,286
- Total Annual Giving: $2,000,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,632,286 | $15,993,158 | $15,837,984 |
| Revenue | $4,895,399 | $1,594,629 | $2,083,746 |
| Expenses | $2,256,271 | $1,439,039 | $1,005,816 |
| Qualifying Distributions | $2,000,000 | $1,323,000 | $901,500 |
| Net Investment Income | $1,633,331 | $93,570 | $35,700 |
| Distributable Amount | $2,132,671 | $1,256,281 | $977,779 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Emory University Hospital ($580,000), Massachusetts General Hospital ($500,000), R Packard Center for ALS Research ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Emory University Hospital Atlanta, GA | ALS Research | $580,000 |
| Hospital for Special Surgery New York, NY | General & Capital Purposes, unless noted | $40,000 |
| Doctors Without Borders USA Inc New York, NY | General & Capital Purposes, unless noted | $85,000 |
| Massachusetts General Hospital Boston, MA | ALS Research | $500,000 |
| R Packard Center for ALS Research Baltimore, MD | General & Capital Purposes, unless noted | $150,000 |
| ALS Association Arlington, MD | ALS Research | $75,000 |
| Team Gleason Foundation New Orleans, LA | General & Capital Purposes, unless noted | $50,000 |
| UCL Queen Square Inst of Neurology | ALS Research | $120,000 |
| University of Michigan Ann Arbor, MI | ALS Research | $85,000 |
| Hope Loves Company Pennington, NJ | General & Capital Purposes, unless noted | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Richard Todd Stravitz is associated with the foundation's leadership and governance.
Note: The Richard Stravitz Foundation should be distinguished from the Barbara Brunckhorst Foundation and the Brunckhorst Foundation, which are separate entities also associated with Richard Todd Stravitz in trustee or leadership capacities.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Richard P Stravitz | Trustee | 1 | — |
| Richard T Stravitz | Trustee | 1 | — |
| Kathleen Thompson | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Richard Stravitz Foundation fund?
The foundation's primary funding focus areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Obesity Prevention • COVID-19 Relief • Disaster Preparedness and Relief
How do I apply for a grant from The Richard Stravitz Foundation?
**Grant Characteristics:** • Typical award range: $3,500 – $580,000 • Total annual giving: $2,000,000 • The foundation currently has 0 live grant opportunities **Geographic Distribution of Grants:** The foundation primarily directs grants to organizations in New York, Massachusetts, and California.
What size grants does The Richard Stravitz Foundation award?
In 2024, The Richard Stravitz Foundation awarded 26 grants totaling $2.0M — an average of about $77K per grant, based on its IRS Form 990 filings.
How much is The Richard Stravitz Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Richard Stravitz Foundation reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Richard Stravitz Foundation's EIN?
The Richard Stravitz Foundation's EIN (Employer Identification Number) is 27-2552862. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Richard Stravitz Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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