Quantitative Foundation
- Assets
- $95.8m
- Revenue
- $1.4m
- Investments
- $95.4m
- Employees
- 0
- Location
- Charlottesville, VA
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 26-3922404
Organization Overview
Quantitative Foundation is located in Charlottesville, VA. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quantitative Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Quantitative Foundation generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (49.5%) each year. All expenses for the organization totaled $23.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Quantitative Foundation has awarded 159 individual grants totaling $153,033,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaffray P Woodriff Trustee | 5 | $0 | |
William W Foshay III Executive Dir. | 15 | $80,231 | |
Gordon R Giuliano CFO | 15 | $58,623 | |
Christina Luke Asst. To COO | 20 | $27,000 | |
Merrill S Woodriff Dir. Local Grant | 2 | $0 | |
Francis Johnson Program Director | 20 | $37,216 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan Lewis & Bockius Llp | 12/30/22 | $56,678 |
Baker & Hostetler Llp | 12/30/22 | $67,838 |
Mangham Associates | 12/30/22 | $70,500 |
Morgan Lewis & Bockius Llp | 12/30/22 | $56,678 |
Mangham Associates | 12/30/22 | $70,500 |
Baker & Hostetler Llp | 12/30/22 | $67,838 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $30,858 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $276,461 |
| Capital Gain Net Income | $276,461 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,093,597 |
| Total Revenue | $1,400,916 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $216,403 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $17,583 |
| Interest | $0 |
| Taxes | $72,856 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14 |
| Printing and publications | $0 |
| Other expenses | $72,669 |
| Total operating and administrative expenses | $772,036 |
| Contributions, gifts, grants paid | $22,856,500 |
| Total expenses and disbursements | $23,628,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $409,898 |
| Savings and temporary cash investments | $10,000 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $95,390,226 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $95,810,124 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Quantitative Foundation has awarded $45,713,000 in support to 86 organizations.
| Grant Recipient | Amount |
|---|---|
UVA SCHOOL OF EDUCATION AND DEVELOPMENT PURPOSE: EDUCATION SUPPORT | $1,500,000 |
UVA SCHOOL OF DATA SCIENCE PURPOSE: EDUCATION SUPPORT | $16,500,000 |
UVA ALUMNI ASSOCIATION PURPOSE: GENERAL PURPOSE | $50,000 |
UVA CHILDREN'S HOSPITAL PURPOSE: GENERAL PURPOSE | $500,000 |
UVA PURPOSE: SUPPORT FOR ATHLETICS | $200,000 |
ST ANNE'S-BELFIELD SCHOOL PURPOSE: EDUCATION SUPPORT | $700,000 |