Mission
STUDENT AID AND SCHOLARSHIPS
Public Charity
HARGRAVE FOUNDATION
HARGRAVE FOUNDATION, of CHATHAM, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $392K in revenue, $470K in expenses, $1.2M in total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $3.5M.
EIN: 541538751
CHATHAM, VA
Latest filing: 2025
Total Revenue$392K
Total Expenses$470K
Total Assets$1.2M
Grants Given8
Grant Total$3.5M
Filing Years2021–2025
Where $100 goes at Hargrave Foundation
How Hargrave Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$99
Programs
the work itself
$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $99 for programs
$99
The funds, unless designated as current payment to hargrave military academy, will be held as endowment as quasi endowment and the investment income will be used for student…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
SCHOOL OPERATIONS
$375,000
SCHOOL OPERATIONS
$630,000
SCHOOL OPERATIONS
$500,000
SCHOOL OPERATIONS
$130,000
SCHOOL OPERATIONS
$926,000
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
DIRECTOR
Ben J Davenport
PRESIDENT
Lewis Wall
SEC TREAS
William Riddle
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $392K | $470K | $1.2M |
| 2024 | $339K | $729K | $1.4M |
| 2023 | $297K | $595K | $1.8M |
| 2022 | $-231K | $142K | $2.1M |
| 2021 | $490K | $280K | $2.4M |
Between 2021 and 2025, reported annual revenue declined from $490K to $392K (-20%), with total assets most recently reported at $1.2M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in VA.
VA
Full geographic grant map with state-by-state breakdown available with membership.