John Randolph Foundation Support Fund Inc is located in Hopewell, VA. The organization was established in 2001. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John Randolph Foundation Support Fund Inc 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, John Randolph Foundation Support Fund Inc generated $420.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, John Randolph Foundation Support Fund Inc has awarded 316 individual grants totaling $10,579,081. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE CHARITABLE PURPOSE OF JOHN RANDOLPH FOUNDATION, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE IN CONNECTION WITH THE JOHN RANDOLPH FOUNDATION INC. AS A SUPPORTING ORG. THAT SERVES THE CITIZENS OF HOPEWELL, VA AND SURROUNDING AREA IN IDENTIFYING AND SUPPORTING HEALTH AND QUALITY OF LIFE IMPROVEMENTS AND EDUCATION INITIATIVES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike L Williams Immediate Past President | OfficerTrustee | 2 | $0 |
Elisa S Carraway President | OfficerTrustee | 2 | $0 |
Robert H Owen Secretary | OfficerTrustee | 2 | $0 |
Andrew A Clark Trustee | Trustee | 2 | $0 |
Brad Kaufman Trustee | Trustee | 2 | $0 |
Judith Smith Vice President | OfficerTrustee | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,137,536 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$717,986 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $419,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,180,710 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,376 |
| Compensation of current officers, directors, key employees. | $25,075 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $131,610 |
| Pension plan accruals and contributions | $8,746 |
| Other employee benefits | $32,898 |
| Payroll taxes | $17,649 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $63,041 |
| Fees for services: Other | $22,375 |
| Advertising and promotion | $17,090 |
| Office expenses | $10,592 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $28,111 |
| Travel | $1,559 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,732 |
| Insurance | $4,001 |
| All other expenses | $11,460 |
| Total functional expenses | $1,686,950 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $453,394 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $5,199,474 |
| Investments—other securities | $33,247,254 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,900,122 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $428,038 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,878,178 |
| Total liabilities | $10,306,216 |
| Net assets without donor restrictions | $28,593,906 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $38,900,122 |
Over the last fiscal year, John Randolph Foundation Support Fund Inc has awarded $1,164,154 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS OF CAPITAL VA PURPOSE: CHARITABLE SUPPORT | $22,000 |
BIG BROTHERS BIG SISTER OF GREATER VIRGINIA PURPOSE: CHARITABLE SUPPORT | $20,000 |
BOYS TO MEN MENTORING NETWORK OF VIRGINIA INC PURPOSE: CHARITABLE SUPPORT | $50,000 |
CENTRAL VIRGINIA HEALTH SERVICES PURPOSE: CHARITABLE SUPPORT | $68,992 |
CHARLES CITY COUNTY PURPOSE: CHARITABLE SUPPORT | $40,000 |
CHILDREN'S MUSEUM OF RICHMOND PURPOSE: CHARITABLE SUPPORT | $10,000 |