Vaughan Foundation

Foundation · Grantmaker Galax, VA EIN: 54-1295313

Vaughan Foundation is a private foundation, based in Galax, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $492K in total assets. In 2025, it awarded 11 grants totaling $30K. Net investment income was $11K.

Key facts about Vaughan Foundation

In short: Vaughan Foundation gave $30K across 11 grants in 2025 (avg $3K), mostly in Virginia. 9% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
54-1295313
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$30,000
Grants made (2025)
11
Average grant
$2,727
Median grant
$3,000
New grantees (estimate)
9% first-time grantees (1 of 11, 2025)
Total assets
$491,529
Primary geography
Virginia (98% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$492K

+2.2% YoY

Annual Giving

$30K

+7.1% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$3K

+7.1% YoY

Under IRS private-foundation payout rules, Vaughan Foundation reported a distributable amount of $33K for 2025 — the minimum it must pay out in qualifying distributions.

Is Vaughan Foundation open to new grantees?

9%

first-time grantees, 2025

In 2025, 1 of 11 grantees (9%) were first-time recipients. First grants averaged $1K; repeat grants $3K. How we count

Medians: $1K first-time, $3K repeat.

  • 73% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 11 itemized 2025 grant dollars.

Cities

GalaxHillsvilleWythevilleJacksonvilleMouth of Wilson

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K13 grants201913 grants202013 grants202112 grants202212 grants202311 grants202411 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Oak Hill Academy: $5KOak Hill Academy$5KFree Clinic of the Twin Counties: $5KFree Clinic of the TwinCounties$5KGalax Foundation for Excellence IN: $4KGalax Foundation forExcellence IN$4KThe Galax Hope House: $4KThe Galax Hope House$4KGalax Volunteer Fire Department: $4KGalax Volunteer FireDepartment$4KJoy Ranch: $3KJoy Ranch$3KWCC Educational Foundation: $2KWCC Educational Foundation$2KHope Ministries: $2KHope Ministries$2KTCC Foundation Scholarships: $1KTCC Foundation Scholarships$1KChestnut Creek School of the Arts: $1KChestnut Creek School of theArts$1K

Grant Size Distribution

59 grants across all recorded years

59<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
OAK HILL ACADEMY Mouth of Wilson, VADONATION$5,000
FREE CLINIC OF THE TWIN COUNTIES Galax, VADONATION$4,500
GALAX FOUNDATION FOR EXCELLENCE IN Galax, VADONATION$4,000
THE GALAX HOPE HOUSE Galax, VADONATION$4,000
GALAX VOLUNTEER FIRE DEPARTMENT Galax, VADONATION$3,500
JOY RANCH Hillsville, VADONATION$3,000
WCC EDUCATIONAL FOUNDATION Wytheville, VADONATION$2,000
HOPE MINISTRIES Galax, VADONATION$1,500
TCC FOUNDATION SCHOLARSHIPS Galax, VADONATION$1,000
CHESTNUT CREEK SCHOOL OF THE ARTS Galax, VADONATION$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$40K$60K$80K2019202020212022202320242025
Metric202520242023
Total Assets$491,529$481,002$475,742
Revenue$49,148$44,183$17,591
Expenses$38,621$37,914$34,006
Qualifying Distributions$30,000$28,000$29,025
Net Investment Income$11,288$14,231$13,625
Distributable Amount$32,559$29,681$27,911

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 13, 2020)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 30, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Vaughan Foundation is led by Taylor Vaughan, President on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Taylor Vaughan

    President

    On filings since 2019

    No compensation reported

  • Michael E. Stevens

    Director

    On filings since 2019

    No compensation reported

  • John David Vaughan

    Vice President

    On filings since 2019

    No compensation reported

  • R. L. Hall Jr.

    Secretary

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Vaughan Foundation

How much does Vaughan Foundation give each year?

Vaughan Foundation gave $30K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $28K across 11 grants.

What is Vaughan Foundation's typical grant size?

Vaughan Foundation's median grant in 2025 was $3,000, and its average grant was $2,727, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Vaughan Foundation that year got $1K on average.

Where does Vaughan Foundation give grants?

Vaughan Foundation gives mostly in Virginia: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Galax, VA (7 grants).

Does Vaughan Foundation give general operating support?

Not in 2025: none of the 11 grants with a stated purpose on Vaughan Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (11 grants).

Who are Vaughan Foundation's largest grantees?

Vaughan Foundation's largest 2025 grantees include Oak Hill Academy ($5,000), Free Clinic of the Twin Counties ($4,500) and Galax Foundation for Excellence IN ($4,000), according to its 2025 IRS Form 990-PF. Together they received 45% of its itemized 2025 grant dollars.

How large is Vaughan Foundation?

Vaughan Foundation reported $492K in total assets on its 2025 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $33K (roughly 5% of its investment assets).

What is Vaughan Foundation's EIN?

Vaughan Foundation's EIN (Employer Identification Number) is 54-1295313. IRS Form 990 filing data is available on this page for 2019–2025.

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

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