Fatherree Foundation FY2023 filing

Tax-deductible

Richmond, VA501(c)(3)EIN 54-6087147Revenue $433K in FY2023

On file with the IRS29 Libbie Ave, 23226-2312 · Richmond, VATax-exempt since Oct 1969Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2023 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $52K a year · 31% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
12 mo
of spending, in cash
Looks good: 12.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$433K
×11 vs prior year
Spent
$242K
Net assets
$2.0M
By yearFY2020–FY2025
Revenue
$433K
FY2023▲ ×11
Tap a bar for its year
Revenue by fiscal year
FY2020$188K
FY2021$112K
FY2022$41K
FY2023$433K
FY2024$188K
FY2025$58K
Expenses
$242K
FY2023▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2020$138K
FY2021$154K
FY2022$272K
FY2023$242K
FY2024$252K
FY2025$274K
Net assets
$2.0M
FY2023▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$2.1M
FY2022$1.8M
FY2023$2.0M
FY2024$2.0M
FY2025$1.7M

From the FY2023 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1969.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 86% · $207K Operating & administrative 14% · $35K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See Fatherree Foundation executive salaries →

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Programs and updates

A private foundation based in Richmond, VA.

Questions for Fatherree Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 44 grants · $227K · 2025–2025
Cystic Fibrosis FoundationMD · FY2025$27,000
Richmond SymphonyVA · FY2025$15,000
Valentine MuseumVA · FY2025$12,500
FeedmoreFY2025$11,500
The Richmond BalletVA · FY2025$10,000
Individual RecipientFY2025$7,500
Vpm Media CorporationVA · FY2025$6,000
St Martin's in the FieldFY2025$6,000
World Center KitchenFY2025$5,000
The Cathedral of the Sacred HeartFY2025$5,000
St Stephen's Episcopal ChurchFY2025$5,000
Macalester CollegeMN · FY2025$4,000
Clark UniversityFY2025$4,000
Oxfam-America INCMA · FY2025$4,000
See all 44 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV20
Average grantPart XV$5K
Median grantPart XV$3K
Largest grantPart XV$27K
Top cause focusNTEEArts & Culture (14%)

By the numbers

The FY2023 990-PF, line by line.

1The main four
Money in
$433K
Investment income$433K
Other income$165
Money out
$242K
Grants paid$207K
Running costs$35K
Owns and owes
$2.0M
net assets
Cash and savings$251K
Total assets$2.0M
Liabilities$0
2In more detail
Revenue in detail
Investment income$433K
Other income$165
Total revenue$433K
Assets in detailEnd of year
Cash and savings together$251K
Total assets$2.0M
Liabilities$0
Net assets$2.0M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $58K$274K−$216K$1.7M 990 PDF
FY2024 $188K$252K−$65K$2.0M 990 PDF
FY2023 Viewing $433K$242K$191K$2.0M 990 PDF
FY2022 $41K$272K−$232K$1.8M 990 PDF
FY2021 $112K$154K−$42K$2.1M 990 PDF
FY2020 $188K$138K$50K$2.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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