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    Danville Regional Foundation

    Supporting OrganizationIRS data 2022–2024
    Danville, VAEIN 203319727 Website

    Annual Giving

    $11.2M-8% YoY

    Grants

    88

    Median Grant

    $19K

    Organizations Funded

    42

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    Foundation Overview

    Mission

    DRF's mission is to be a catalyst for long-term transformation through the development, promotion and support of impactful activities and programs that address the health, education and well-being of all the Dan River Region's residents. The Foundation envisions thriving Dan River Region communities where all residents are encouraged and equipped to build healthy and productive lives.

    Focus Areas

    economic developmentworkforce developmentindustry 4.0 and advanced manufacturing integrationhigher educationcommunity college programsentrepreneurship and small business developmentdowntown and riverfront revitalizationparks and recreation

    Grant Types

    operating supportcapital projects and facility expansionprogram grantscapacity-building grantsre-grantingconsultant/project planning grantsloan guarantee

    Funded Initiatives

    Over $180 million committed through 580+ grants since 2005, capacity development grants, economic development initiatives, community health and parks projects, educational partnerships, B.R. Ashby Award for Outstanding Community Service

    How to Apply

    Applicants encouraged to meet with staff prior to proposal. Applications can be mailed, emailed or hand delivered. Multiple grant programs including Make More Happen ($500-$25K, 90-day completion) and Ashby Award ($60K operating grant).

    Does Not Fund

    Dinners, benefits, fundraisers; debt payment; solely administrative costs (except Ashby Award); replacement of government funding; organizations outside Dan River Region; indirect costs exceeding 10% of direct costs

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024-8%

    $11.2M

    Grants

    88

    Median

    $19K

    States

    2

    2023-24%

    $12.2M

    Grants

    45

    Median

    $38K

    States

    2

    2022

    $16.2M

    Grants

    53

    Median

    $25K

    States

    2

    Grant Size Distribution

    $19K

    Typical Grant (Median)

    $300

    Smallest

    $3K

    25th Pctile

    $25K

    75th Pctile

    $3.0M

    Largest

    Excludes grants ≤ $5K. Half fall between $3K and $25K.

    Largest Recent Grants

    $3.0M

    2024

    AVERETT UNIVERSITY

    VA · OPERATING SUPPORT

    $2.0M

    2024

    CITY OF DANVILLE VA

    VA · RIVERFRONT PARK

    $1.7M

    2024

    SOUTHSIDE BUSINESS TECHNOLOGY CENTER (SBTC)

    VA · THE LAUNCH PLACE PHASE 2

    $907K

    2024

    SMART BEGINNINGS

    VA · SCHOOL READINESS INITIATIVE III

    $500K

    2024

    PIEDMONT COMMUNITY COLLEGE

    VA · CENTER FOR EDUCATIONAL & AGRICULTURAL DEVELOPMENT (CEAD)

    Geographic Focus

    VA
    $11.1M71 grants
    NC
    $159K17 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $281.9M
    $11.2M(4.0%)
    2023
    $266.3M
    $12.2M(4.6%)
    2022
    $247.5M
    $16.2M(6.5%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

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