The Sotherly Foundation

WILLIAMSBURG, VA EIN: 47-4140093

The Sotherly Foundation is a private foundation, based in WILLIAMSBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 1 grants totaling $238K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$42K

-78.2% YoY

Annual Giving

$238K

Grant Count

1

Avg Grant Size

$238K

Under IRS private-foundation payout rules, The Sotherly Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About The Sotherly Foundation

Based on IRS filings

The Sotherly Foundation is a private foundation, based in WILLIAMSBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $42K in total assets. In 2024, it awarded 1 grants totaling $238K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

ChesapeakeHamptonNewport NewsSaint Charles

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$66K$132K$198K$265K20202021202220232024
Metric202420232022
Total Assets$41,889$192,184$129,228
Revenue$90,199$65,465$16,397
Expenses$240,494$2,509$2,466
Qualifying Distributions$238,590$628$616
Net Investment Income
Distributable Amount$4,223$7,726$5,606

Giving Over Time

Total grant dollars and number of grants per year

$0$59K$119K$178K$238K2 grants20202 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

LEROY RICHARDSON$238K

Grant Size Distribution

5 grants across all recorded years

4<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Leroy Richardson ($237,956).

RecipientPurposeAmount
LEROY RICHARDSON CHESAPEAKE, VAHOME ACQUISITION ASSISTANCE FOR VETERAN$237,956

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ASHLEY S KIRKLANDPRESIDENT/DIRECTOR5
ANDREW M SIMS JRTREASURER1
ROBERT E KIRKLAND IVSECRETARY
SCOTT M KUCINSKIVP OF EVENTS & FUNDRAISING
DAVID R FOLSOMDIRECTOR
DUSTIN H DEVOREDIRECTOR
MARSHALL E RUTLANDDIRECTOR
DANIEL E CARRDIRECTOR
RICHARD BACKUSDIRECTOR
ANDREW M SIMS SRDIRECTOR

Frequently Asked Questions

How large is The Sotherly Foundation?

As of 2024, The Sotherly Foundation holds $42K in total assets with $90K in annual revenue. It awarded 1 grants totaling $238K in 2024.

Where does The Sotherly Foundation operate?

The Sotherly Foundation has awarded grants in Missouri, Virginia.

What size grants does The Sotherly Foundation award?

In 2024, The Sotherly Foundation awarded 1 grants totaling $238K — an average of about $238K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Sotherly Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Sotherly Foundation's EIN?

The Sotherly Foundation's EIN (Employer Identification Number) is 47-4140093. IRS Form 990 filing data is available on this page for 2020–2024.

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

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