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Nonprofiteer
← JOHN RANDOLPH FOUNDATION SUPPORT FUND INC

Form 990 for tax year 2024

Filed by JOHN RANDOLPH FOUNDATION SUPPORT FUND INC.

Totals

Total revenue
$1,060,448
Total expenses
$1,666,934
Contributions and grants received
$0
Grants paid
$1,238,904
Program service revenue
$0
Investment income
$1,060,448
Other revenue
$0
Total assets, end of year
$44,088,891
Total liabilities, end of year
$12,135,563
Net assets or fund balances, end of year
$31,953,328
Program services expenses (Part IX)
$1,542,971
Management and general expenses
$123,963
Fundraising expenses
$0
Program service expenses (Part III)
$1,542,971

Program services were 92.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $1,315,086 · excluded $1,315,086

  • 7a · Gross sales of assets other than inventory

    securities $10,051,098

  • 7b · Less cost or other basis and sales expenses

    securities $10,305,736

  • 7c · Gain or loss

    securities -$254,638

  • 7d · Net gain or loss

    total -$254,638 · excluded -$254,638

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,238,904 · program services $1,238,904

  • 5 · Compensation of officers, directors and key employees

    total $123,160 · program services $102,633 · management and general $20,527

  • 7 · Other salaries and wages

    total $36,974 · program services $30,288 · management and general $6,686

  • 8 · Pension plan contributions

    total $10,531 · program services $8,741 · management and general $1,790

  • 9 · Other employee benefits

    total $21,369 · program services $17,738 · management and general $3,631

  • 10 · Payroll taxes

    total $11,225 · program services $9,317 · management and general $1,908

  • 11b · Fees: legal

    total $12,763 · program services $10,594 · management and general $2,169

  • 11c · Fees: accounting

    total $40,102 · program services $33,287 · management and general $6,815

  • 11f · Fees: investment management

    total $61,247 · management and general $61,247

  • 11g · Fees: other

    total $15,546 · program services $12,904 · management and general $2,642

  • 12 · Advertising and promotion

    total $9,337 · program services $7,750 · management and general $1,587

  • 13 · Office expenses

    total $9,273 · program services $7,697 · management and general $1,576

  • 16 · Occupancy

    total $28,989 · program services $24,063 · management and general $4,926

  • 17 · Travel

    total $2,077 · program services $1,724 · management and general $353

  • 22 · Depreciation, depletion and amortization

    total $32,048 · program services $26,602 · management and general $5,446

  • 23 · Insurance

    total $3,800 · program services $3,154 · management and general $646

  • 24a · Other expenses: MISCELLANEOUS

    total $9,589 · program services $7,575 · management and general $2,014

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $17,198 · end of year $39,172

  • 11 · Investments: publicly traded securities

    beginning of year $6,268,257 · end of year $5,669,731

  • 12 · Investments: other securities

    beginning of year $35,123,301 · end of year $38,379,988

  • 15 · Other assets

    beginning of year $12,854 · end of year $0

  • 25 · Other liabilities

    beginning of year $11,032,218 · end of year $12,135,563

  • 27 · Net assets without donor restrictions

    beginning of year $30,389,392 · end of year $31,953,328

Mission and programs · 2024

Mission

THE JOHN RANDOLPH FOUNDATION SUPPORT FUND IS A SUPPORTING ORGANIZATION TO JOHN RANDOLPH FOUNDATION WHICH IS A COMMUNITY-BASED FOUNDATION WORKING TO IMPROVE THE HEALTH AND QUALITY OF LIFE FOR RESIDENTS OF HOPEWELL AND SURROUNDING AREAS THROUGH GRANTS AND SCHOLARSHIPS.

Activities or mission (Part I)

TO SUPPORT THE CHARITABLE PURPOSE OF JOHN RANDOLPH FOUNDATION, INC.

  • TO OPERATE IN CONNECTION WITH THE JOHN RANDOLPH FOUNDATION INC. AS A SUPPORTING ORG. THAT SERVES THE CITIZENS OF HOPEWELL, VA AND SURROUNDING AREA IN IDENTIFYING AND SUPPORTING HEALTH AND QUALITY OF LIFE IMPROVEMENTS AND EDUCATION INITIATIVES.

    Expenses $1,542,971 · Grants $1,238,904

As filed on the 2024 return.

Listed in Part VII

  • Robert H Owen

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Judith Smith

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Lewis Stevenson

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Susan H Ferrell

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Dana L Rieves

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Mattie W Thweatt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Jo Turek

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Derrick Johnson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Hal B Miles Sr

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Luis Pedraza

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Amy B Everett

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2
  • Kevin S Foster

    EXECUTIVE DIRECTOR

    Total calculated
    $237,087
    From this org
    $0
    From related orgs
    $205,266
    Other
    $31,821
    Hours/week
    24 + 16 related

    Schedule J breakdown matched by us

    Base
    $0 + $205,266 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $31,821 related
    Filer's total
    $0 + $237,087 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.2
Source object
202513169349305766

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