Dominion Energy Charitable Foundation
- Assets
- $12.2m
- Revenue
- $24.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 03/2015
- Data as of
- 12/2023
- EIN
- 47-2746460
Organization Overview
Dominion Energy Charitable Foundation is located in Richmond, VA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Dominion Energy Charitable 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 12/2023, Dominion Energy Charitable Foundation generated $24.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $17.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dominion Energy Charitable Foundation has awarded 5,081 individual grants totaling $122,999,583. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hunter A Applewhite President | 1 | $0 | |
Carlos M Brown Board Member | 0 | $0 | |
Steven D Ridge Board Member | 0 | $0 | |
Diane Leopold Board Member | 0 | $0 | |
Carter M Reid Board Member | 0 | $0 | |
Kelly Thomasson Executive Director | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $24,337,676 |
| Interest on Savings | $0 |
| Dividends & Interest | $120,516 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $35,735 |
| Capital Gain Net Income | $35,735 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $239,745 |
| Total Revenue | $24,733,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,842 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $289,608 |
| Total operating and administrative expenses | $741,267 |
| Contributions, gifts, grants paid | $17,205,986 |
| Total expenses and disbursements | $17,947,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,946,722 |
| Savings and temporary cash investments | $3,789,201 |
| 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 | $509,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,244,923 |
| Accounts payable and accrued expenses | $252,493 |
| Grants payable | $6,161,825 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $255,358 |
| Total liabilities | $6,669,676 |
Grants Awarded
Over the last fiscal year, Dominion Energy Charitable Foundation has awarded $26,718,054 in support to 1,220 organizations.
| Grant Recipient | Amount |
|---|---|
A SECOND HOME FOR YOU PURPOSE: TRANSITIONAL HOUSING FOR EMANCIPATED YOUTH AND SUPPORT SERVICES | $5,000 |
1000 TIES PURPOSE: 1,000 TIES 90 DAY LIFE SKILLS PROGRAM | $5,000 |
A THERAPIST LIKE ME PURPOSE: CLIENT PSYCHOTHERAPY VOUCHER PROGRAM | $5,000 |
ACCESS VIRGINIA PURPOSE: ACCESS VIRGINIA YOUTH ACCESSIBILITY PROJECT | $10,000 |
ACCESS COLLEGE FOUNDATION PURPOSE: ACCESS PROGRAM | $2,500 |
A WHOLE COMMUNITY INC PURPOSE: WAYNE COUNTY COMMUNITY FOOD PROJECT | $7,500 |