The Foundation awards grants to organizations which are tax-exempt under IRS Section 501 (c) (3) and are not private foundations as described under Section 509 (a).
Qualified nonprofit organizations throughout the Commonwealth of Virginia are eligible for support, however, preference will be given to agencies in the Richmond metropolitan region.
Public sector agencies are not eligible for support. State and local government majority supported entities are not eligible for Foundation support, however, exceptions may be made for a limited number of institutions. The Virginia Museum of Fine Arts and the Science Museum of Virginia fall into this category.
Grants will not be made to individuals, scholarship funds or general endowments. Grants for special restricted-purpose endowments or for special equipment needs may be considered if the agency is otherwise eligible for support.
Grants will not be made for debt reduction or for general operating expenses.
The Foundation does not support national fund drives, mass appeals or umbrella organizations.
Churches and other religious institutions are not eligible for support except for the repair of damage resulting from fire, flood or other catastrophe or for historic preservation. Applicants must demonstrate that efforts were made to raise the necessary funds from the congregation and other normal sources of support with little potential of success.
An eligible organization may apply for subsequent funding after three years of receipt of any previous grant payment.
Grant Reporting Requirements
Grantees are required to submit a self-evaluation of their project within one year of receipt of funds. In particular, the report should discuss how Foundation funding leveraged additional community support; anticipated and unexpected outcomes of the project; and, how grant funds were used. The report should also address how the project advances the mission of the organization. Post grant reporting must be completed before subsequent requests will be considered by the Foundation.