Foundation for Financial Independence
Preselected recipients only
Foundation for Financial Independence is a private foundation in Richmond, Virginia. In tax year 2025 it gave $40,000 in 4 grants; the typical grant was $7,500 and the largest $20,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$40,000
- Number of grants4
- Typical grant$7,500
- Largest grant$20,000
- Assets$989,659
- New grantees75%
Giving in 2025 was up from $35,000 the year before.
75% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $30,000 | 2 | $658,281 |
| 2024 | $35,000 | 2 | $797,190 |
| 2025 | $40,000 | 4 | $989,659 |
How to apply
Foundation for Financial Independence says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Foundation for Financial Independence funds
Where it gives
All of its grants went to recipients in Virginia.
| State | Grants | Amount |
|---|---|---|
| Virginia | 4 | $40,000 |
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| The Salvation Army Central Virginia Area Command | Charitable support | $20,000 |
| Piedmont Housing Alliance | Charitable support | $10,000 |
| Mahogany & Friends Foundation | Charitable support | $5,000 |
| The Center for Working Families | Charitable support | $5,000 |
Officers and trustees
- Dee Ann Remo
- John G Jordan III
- Charles T Hill Jr
Questions people ask
Does Foundation for Financial Independence accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Foundation for Financial Independence give?
$40,000 in tax year 2025, across 4 grants, with a typical grant of $7,500.
Who runs Foundation for Financial Independence?
Its 2025 filing lists Dee Ann Remo (President), John G Jordan III (Treasurer) and Charles T Hill Jr (Secretary).
What does Foundation for Financial Independence fund?
Based on its grants, mainly human services.