The Pauley Family Foundation is a 501(c)(3) organization based in Richmond, Virginia, registered in 1993, with $29,015,913 in FY2024 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
Revenue (FY2024)
$29.0M
▼ 49.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$7.2M
Net assets
$2.2B
Employees
0
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For The Pauley Family Foundation: 91% to programs earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For The Pauley Family Foundation: 3636 mo reserves · +75% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For The Pauley Family Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For The Pauley Family Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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The pauley family foundation supports a broad range of charitable purposes in the richmond region, with a focus on education, health, and human services.
A healthy community - basic physical health is multi-faceted and provides the building blocks for all other aspects of life. the foundation seeks to support organizations that ensure individuals have access to the physical health, behavioral health, food, and supportive services they need. funded activities include: primary healthcare for low-income residents; mental healthcare, particularly for children; supportive services for seniors; and access to food.
Stable, affordable housing - affordable housing provides household stability and wealth-building opportunities for families in our region. the foundation supports organizations that ensure low-income residents can access and maintain stable housing that is affordable for their income. funded activities include: affordable rental homes and apartments; home ownership opportunities for low to medium income buyers; eviction prevention programs; and services for individuals experiencing homelessness.
Arts and culture - vibrant, accessible arts and cultural and historic organizations are a necessary component of a thriving region. the foundation supports activities that expand the reach of arts, cultural, and historic institutions by making their activities available to the public. the foundation is particularly interested in supporting organizations that provide access to arts, cultural, or historic resources for low-income residents and school children. funded activities include: activities that support a comprehensive network of arts/cultural/historic organizations; programs that provide free or reduced-price entry to low-income households; programs that provide access to school children attending title i schools; and activities that assist in school teachers bringing arts/cultural/historic resources to their classrooms.
Revenue grew from $3.3M (FY2017) to $29.0M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
75.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2B
Total liabilities
$10K
Net assets
$2.2B
Salaries & benefits
$0
0% of expenses
Board members
7
7 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $29,015,913▼49.8% | $7,201,819▼4.1% | $2,182,076,100▲1.8% | $2,182,086,449▲1.8% | 990 |
| 2023 | $57,857,190▼42.5% | $7,510,876▲1.5% | $2,143,784,524▲3.4% | $2,143,804,851▲3.4% | 990 |
| 2022 | $100,675,767▼94.7% | $7,396,838▼71.1% | $2,074,230,867▲2.8% | $2,074,230,867▲2.6% | 990 |
| 2021 | $1,899,350,410▲11654% | $25,600,128▲142% | $2,017,868,374▲1403% | $2,022,061,315▲1327% | 990 |
| 2020 | $16,158,979▼9.8% | $10,593,453▲44.1% | $134,219,374▲10.3% | $141,656,754▲11.5% | 990 |
| 2019 | $17,922,196▲286% | $7,350,393▲60.2% | $121,693,668▲40.6% | $127,013,005▲41.8% | 990 |
| 2018 | $4,646,430▲40.1% | $4,587,225▲1.8% | $86,546,626▼10.4% | $89,565,625▼12.1% | 990 |
| 2017 | $3,315,572 | $4,506,411 | $96,590,702 | $101,903,209 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Adam E Hickok | Director | 0.5 | — |
| Bryan A Stark | Treasurer (non-voting) | 0.5 | — |
| Eugene W Hickok | Secretary (non-voting) | 0.5 | — |
| Fred Tattersall | Director | 0.5 | — |
| James Weinberg | Director | 0.5 | — |
| Jane G Watkins | Director | 0.5 | — |
| Katharine H Stark | Director | 0.5 | — |
| Katharine Pauley Hickok | Chair | 5 | — |
| Nancy R Belleman | Director | 0.5 | — |
| Contractor | Services | Paid |
|---|---|---|
| Heritage Wealth Advisors | Investment Management | $562,221 |
98 grants totaling $6.5M in FY2024 — showing the 15 largest. All grants made by The Pauley Family Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| The Community Foundation Inc | Unrestricted support | $449,269 |
| School of the Performing Arts In the Richmond Community Sparc | General operating expenses for 2024 and 2025 ($200,000) and community engagement theater programs ($50,000) | $250,000 |
| Area Congregations Together In Service | The emergency financial assistance program | $200,000 |
| Sweet Briar Institute | The annual fund | $200,000 |
| St Catherines School Foundation | The annual fund ($50,000) and the bridges financial aid fund ($100,000) | $150,000 |
| Patrick Henry School of Science and Arts | Support the third floor renovation capital campaign | $100,000 |
| Medical College of Virginia Foundation | General operations of the massey cancer center ($50,000) and general operations of the pauley heart center ($50,000) | $100,000 |
| Childsavers-memorial Child Guidance Clinic | School-based mental health services | $100,000 |
| The Maggie@walker Community Land Trust | The highland grove development project | $100,000 |
| Liberation Veteran Services Inc | Homeless services ($50,000) and the veterans village capital campaign ($50,000) | $100,000 |
| Conexus | General operations in the richmond region | $100,000 |
| Mending Walls | Support the creation of two community murals and general operations | $100,000 |
| Communities In Schools of Richmond Inc | General operations | $100,000 |
| Elderhomes Corp | Home repairs and wheelchair ramps for seniors and disabled residents in the richmond region | $100,000 |
| Better Housing Coalition | The senior health and wellness program | $100,000 |
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Data for The Pauley Family Foundation (EIN 54-1685158) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.