Alleghany Foundation

COVINGTON, VA EIN: 54-1027400

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$64.4M

-0.0% YoY

Annual Giving

$2.2M

-19.2% YoY

Grant Count

42

+5.0% YoY

Avg Grant Size

$53K

-23.1% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$5M$7M$9M20202021202220232024
Metric202420232022
Total Assets$64,430,949$64,453,253$63,491,822
Revenue$8,196,336$2,101,166$4,798,920
Expenses$3,617,905$4,612,085$2,504,112
Qualifying Distributions$2,894,034$3,406,245$2,110,691
Net Investment Income$7,672,692$1,419,431$4,147,636
Distributable Amount$3,625,946$3,331,675$3,095,904

Giving Over Time

Total grant dollars and number of grants per year

$0$695K$1M$2M$3M32 grants202034 grants202138 grants202240 grants202342 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CITY OF COVINGTON$500KALLEGHANY COUNTY$204KALLEGHANY HIGHLANDS CHAM…$191KTHE MASONIC THEATRE PRES…$184KALLEGHANY HIGHLANDS CHAM…$113KCOVINGTON CITY PUBLIC SC…$107KALLEGHANY HIGHLANDS CHAM…$101KALLEGHANY HIGHLANDS ARTS…$85KALLEGHANY HIGHLANDS YMCA$54KALLEGHANY HIGHLANDS ARTS…$53K

Grant Size Distribution

186 grants across all recorded years

125<$50K32$50–100K25$100–250K2$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Alleghany Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MARY FANT DONNANEXECUTIVE DIRECTOR$202K

From 2024 filing

NameTitleHoursCompensation
MARY FANT DONNANEXECUTIVE DIRECTOR40$201,500
SUSAN W ROLLINSON PHDBOARD PRESIDENT (JAN-JULY 2024)1
KELLY DEAN MADSENBOARD PRESIDENT(JULY-DEC 2024),SEC/TRE1
JANIE D BARNETTESECRETARY/TREASURER (JULY-DEC 2024)1
BRANDON S CALDWELLDIRECTOR1
DR DAVID E CRANDALLDIRECTOR1
JACK A HAMMOND IIDIRECTOR1
TERESA B JOHNSONDIRECTOR1
RAY LIPESDIRECTOR1
NANCY MOGADIRECTOR1
KEVIN W PERSINGERDIRECTOR1
R MEADE SNYDERDIRECTOR1
RACHAEL THOMPSONDIRECTOR1
JAMES R ELLERDIRECTOR (JAN-JULY 2024), EMERITIS
DR MICHELE BALLOUDIRECTOR EMERITUS
HARRISON L FRIDLEYDIRECTOR EMERITUS
JACK A HAMMONDDIRECTOR EMERITUS
CHARLES W KAHLEDIRECTOR EMERITIS
DR LEO T MULCAHYDIRECTOR EMERITUS
LISA H SCHOPPMEYERDIRECTOR EMERITUS
GEORGE C SNEAD JRDIRECTOR EMERITUS
JAMES D SNYDERDIRECTOR EMERITUS
LYNDA THOMPSONDIRECTOR EMERITUS
ANNE L WRIGHTDIRECTOR EMERITUS

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Buena VistaCharlottesvilleClifton ForgeCovingtonEagle RockHarrisonburgHot SpringsLexingtonLow MoorVintonWarm Springs

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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