Virginia Sargeant Reynolds Foundation
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
51
+0.0% YoY
Avg Grant Size
$40K
+15.1% YoY
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?
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
States
Cities
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.
| 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
Giving History
Grant recipients and amounts by year
No grants recorded for .
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 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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