Virginia · Nonprofit
THE HERMITAGE FOUNDATION
THE HERMITAGE FOUNDATION (Virginia) receives grants from 6 organizations whose IRS filings report $2,299,277 to it, the largest being FLORENCE K SLOANE RESTATED TRUST ($2,170,401). 5 of them have funded it in more than one year.
- Revenue FY2024
- $496k
- Funders on record
- 6
- Grants received
- $2.3M
- Net assets
- $12M
What The Hermitage Foundation does
Mission
The Hermitage Foundation supports the hermitage museum & gardens a not-for-profit museum.
As stated on its FY2024 Form 990.
Program
Provide funds to support hermitage museum & gardens.
$763,436 spentof which $763,436 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $763,436.
The organization over time
Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $11M to $14M (+26%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 2 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jen Duncan
Executive director
Board chair
Henery U Harris
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base narrowed from 4 funders to 3 funders, grant income rose $239k → $273k.
2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 1% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of THE HERMITAGE FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
THE HERMITAGE FOUNDATION leans on a few funders — its largest provides 94% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 91% · 2018 95% · 2019 96% · 2020 96% · 2021 95% · 2022 92% · 2023 95% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
THE HERMITAGE FOUNDATION draws 96% of its grant income from funders outside Virginia, across 2 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $12k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Organizations like THE HERMITAGE FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- The Hermitage Museum and Gardens · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE HERMITAGE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds THE HERMITAGE FOUNDATION?
- THE HERMITAGE FOUNDATION (Virginia) receives grants from 6 organizations whose IRS filings report $2,299,277 to it, the largest being FLORENCE K SLOANE RESTATED TRUST ($2,170,401). 5 of them have funded it in more than one year.
- How many funders does THE HERMITAGE FOUNDATION have?
- IRS filings report 6 organizations giving $2,299,277 in grants to THE HERMITAGE FOUNDATION, 5 of which have funded it in more than one year.
- Who is the largest funder of THE HERMITAGE FOUNDATION?
- FLORENCE K SLOANE RESTATED TRUST is the largest funder on record, with $2,170,401 in grants. The full list of funders is on this page.
- How can an organization like THE HERMITAGE FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing