Virginia Sargeant Reynolds Foundation

RICHMOND, VA EIN: 54-1595360

The Virginia Sargeant Reynolds Foundation is a private foundation based in Richmond, Virginia, established in 1991. The foundation was created to honor Virginia Sargeant Reynolds (1914–2014) and her commitment to philanthropy and stewardship. The foundation operates as a 501(c)(3) tax-exempt organization with a focus on supporting programs and causes aligned with Virginia Reynolds' values and interests during her lifetime.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$30.0M

-0.2% YoY

Annual Giving

$2.0M

+15.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$40K

+15.1% YoY

Under IRS private-foundation payout rules, Virginia Sargeant Reynolds Foundation reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to support programs, causes, and organizations within six primary disciplines:

Arts – Expanding the human imagination
Education – Investing in potential minds
Environment – Securing a better future
Health – Ensuring healthier living
History – Keeping the world connected
Humanity – Helping mankind see opportunity

The foundation prioritizes support for causes with a connection to the Commonwealth of Virginia and will selectively support broader domestic and global causes within its six focus disciplines. The foundation also actively seeks to support causes with a connection to current and future generations of the Reynolds family that are consistent with the foundation's mission.

Grantmaking

The foundation has made 51 grants with a range between $10,000 and $160,000.

Grant Range

s:** Typical awards range from $5,000 to $250,000, with a median grant size of approximately $25,000.

How to Apply

** The foundation website indicates it is open to new applicants and accepts grant applications through its website at vsrfoundation.com.

Ready to take the next step with Virginia Sargeant Reynolds Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

The foundation prioritizes support for causes with a connection to Virginia. It also selectively supports broader domestic and global causes within its focus disciplines. Geographic areas of support include Virginia, North Carolina, and New York, with additional funding activity in states including California, Florida, Maryland, Massachusetts, New Jersey, New York, Oklahoma, and Texas.

Grant Distribution by State

Virginia $7.4M (85%)

District of Columbia $519K (6%)

New Jersey $150K (2%)

New York $130K (1%)

Massachusetts $125K (1%)

North Carolina $100K (1%)

Maryland $75K (1%)

Florida $60K (1%)

+7 more states

States

California Connecticut District of Columbia Florida Indiana Louisiana Massachusetts Maryland Maine North Carolina New Jersey New York Oklahoma Texas Virginia

Cities

AlexandriaAustinBaltimoreBar HarborCharlottesvilleClearwaterClintonCourtlandCritzDurhamEdmondEnglewood CliffsFredericksburgGlen AllenGoochlandGrotonHenricoIndianapolisLexingtonLouisa

Financial History

Multi-year comparison from IRS filings

Total Assets: $30,042,523 (as of 2023)
Total Revenues: $1,963,058 (2023)
Total Expenses: $2,033,905 (2023)
Total Liabilities: $688,000 (2023)
Investment Income and Dividends: $222,528 (2023)

The foundation maintains substantial assets and distributes approximately $2 million annually in grants and related expenses.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$30,042,523	$30,107,532	$30,178,379
Revenue	$2,276,260	$1,963,058	$1,130,497
Expenses	$2,341,269	$2,033,905	$2,281,775
Qualifying Distributions	$2,078,816	$1,814,371	$2,012,603
Net Investment Income	$2,011,261	$1,761,728	$953,831
Distributable Amount	$1,949,800	$1,815,617	$1,893,788

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

217 grants across all recorded years

Open Grants

1 open opportunity from Virginia Sargeant Reynolds Foundation

Foundation

Virginia Sargeant Reynolds Foundation Grant

VIRGINIA SARGEANT REYNOLDS FOUNDATION

Amount

US $5,000 - US $150,000

Deadline

Rolling / Open

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Virginia Museum of Fine Arts ($160,000), Sheltering Arms Foundation ($140,000), University of Virginia ($100,000).

Recipient	Purpose	Amount
AMERICAN CIVIL WAR MUSEUM RICHMOND, VA	GENERAL PURPOSES	$25,000
ART 180 RICHMOND, VA	GENERAL PURPOSES	$25,000
BATTERSEA FOUNDATION PETERSBURG, VA	GENERAL PURPOSES	$25,000
BON SECOURS RICHMOND HEALTH CARE FOUNDATION RICHMOND, VA	CHILDREN'S HOPE GALA 2023	$25,000
BOYS AND GIRLS CLUB OF METRO RICHMOND RICHMOND, VA	GENERAL PURPOSES	$25,000
CAL RIPKEN SR FOUNDATION BALTIMORE, MD	2023 ASPIRE GALA	$25,000
CENTRAL VIRGINIA LEGAL AID SOCIETY RICHMOND, VA	CCA 2023 SPONSORSHIP	$25,000
COLLEGE OF THE ATLANTIC BAR HARBOR, ME	GENERAL PURPOSES	$20,000
CROSSOVER HEALTHCARE MINISTRY RICHMOND, VA	CAPITAL CAMPAIGN	$50,000
DUKENICHOLAS SCHOOL OF THE ENVIRONMENT DURHAM, NC	GENERAL PURPOSES	$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is led by a board of trustees with limited paid staffing:

J. Sargeant Reynolds Jr. – President
Austin Brockenbrough III – Director
Richard Roland Reynolds – Director
Virginia Reynolds Parker – Director

All board members serve with minimal compensation, reflecting the foundation's lean operational structure.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
J SARGEANT REYNOLDS JR	PRESIDENT	1	$28,000
AUSTIN BROCKENBROUGH III	DIRECTOR	1	—
RICHARD ROLAND REYNOLDS	DIRECTOR	1	$18,000
VIRGINIA R PARKER	DIRECTOR	1	$18,000

Frequently Asked Questions

What does Virginia Sargeant Reynolds Foundation fund?

The foundation's mission is to support programs, causes, and organizations within six primary disciplines: • **Arts** – Expanding the human imagination • **Education** – Investing in potential minds • **Environment** – Securing a better future • **Health** – Ensuring healthier living • **History** – Keeping the world connected • **Humanity** – Helping mankind see opportunity The foundation prioritizes support for causes with a connection to the Commonwealth of Virginia and will selectively supp…

How do I apply for a grant from Virginia Sargeant Reynolds Foundation?

**Grant Sizes:** Typical awards range from $5,000 to $250,000, with a median grant size of approximately $25,000. **Annual Giving:** The foundation distributed approximately $2,025,000 in total giving in recent fiscal years, with annual expenses around $2 million. **Recent Grant Activity:** Recent grants include: • Virginia Museum of History and Culture – $150,000 (JSR Leadership Room) • The Valentine – $100,000 (General Purposes) • St Catherine's School Foundation – $100,000 (General Purposes)…

Where does Virginia Sargeant Reynolds Foundation make grants?

What size grants does Virginia Sargeant Reynolds Foundation award?

In 2024, Virginia Sargeant Reynolds Foundation awarded 51 grants totaling $2.0M — an average of about $40K per grant, based on its IRS Form 990 filings.

How much is Virginia Sargeant Reynolds Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Virginia Sargeant Reynolds Foundation reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Virginia Sargeant Reynolds Foundation's EIN?

Virginia Sargeant Reynolds Foundation's EIN (Employer Identification Number) is 54-1595360. IRS Form 990 filing data is available on this page for 2020–2024.