Wiley H and James C Wheat Jr Foundation

Foundation · Grantmaker Richmond, VA EIN: 54-1647672

Wiley H and James C Wheat Jr Foundation is a private foundation, based in Richmond, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $82K in total assets. In 2024, it awarded 2 grants totaling $750. Net investment income was $6K.

Key facts about Wiley H and James C Wheat Jr Foundation

EIN: 54-1647672
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $750
Grants made (2024): 2
Average grant: $375
Median grant: $375
Total assets: $81,585
Primary geography: Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Wiley H and James C Wheat Jr Foundation gives

Giving fell 96% from 2021 to 2024. Method
In 2024 it paid out 14% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Wiley H and James C Wheat Jr Foundation

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$82K

+6.2% YoY

Annual Giving

$750

-95.0% YoY

Grant Count

-71.4% YoY

Avg Grant Size

$375

-82.5% YoY

Under IRS private-foundation payout rules, Wiley H and James C Wheat Jr Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Wiley H and James C Wheat Jr Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $750 (100%)

Share of all 2 itemized 2024 grant dollars.

States

Maryland Virginia

Cities

RichmondCharlottesvilleTappahannockBethesdaHenrico

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$81,585	$76,816	$127,382
Revenue	$5,839	$5,873	$5,448
Expenses	$1,070	$15,929	$23,525
Qualifying Distributions	$750	$15,000	$23,000
Net Investment Income	$5,839	$5,873	$5,448
Distributable Amount	$5,182	$5,154	$6,143

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

16 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Essex Co Museum and Historical Soc ($500), VSSR Patroits Fund ($250).

Recipient	Purpose	Amount
ESSEX CO MUSEUM AND HISTORICAL SOC Tappahannock, VA	GENERAL OPERATIONS	$500
VSSR PATROITS FUND Richmond, VA	GENERAL OPERATIONS	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
James C Wheat III	President	—	—
JOHN K BURKE Jr	Director	—	—

Frequently Asked Questions

How large is Wiley H and James C Wheat Jr Foundation?

As of 2024, Wiley H and James C Wheat Jr Foundation holds $82K in total assets with $6K in annual revenue. It awarded 2 grants totaling $750 in 2024.

Where does Wiley H and James C Wheat Jr Foundation operate?

Wiley H and James C Wheat Jr Foundation has awarded grants in Maryland, Virginia.

What size grants does Wiley H and James C Wheat Jr Foundation award?

In 2024, Wiley H and James C Wheat Jr Foundation awarded 2 grants totaling $750 — an average of about $375 per grant, based on its IRS Form 990 filings.

How much is Wiley H and James C Wheat Jr Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wiley H and James C Wheat Jr Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wiley H and James C Wheat Jr Foundation's EIN?

Wiley H and James C Wheat Jr Foundation's EIN (Employer Identification Number) is 54-1647672. IRS Form 990 filing data is available on this page for 2020–2024.