Nonprofit · EIN 54-1900970
CLOVELLY FOUNDATION
Tax-exempt · RICHMOND, VA 23226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $122,995 | $277,118 | -$154,123 | $450,191 | $0 | $450,191 |
| December 31, 2024 | 990-PF | $435,450 | $542,247 | -$106,797 | $620,581 | $0 | $620,581 |
| December 31, 2023 | 990-PF | $126,501 | $204,382 | -$77,881 | $727,378 | $0 | $727,378 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Dividends
- $10,852
- Interest
- $467
- Net gain from sales of assets
- $109,631
- Other income
- $2,045
Expenses
- Grants and similar amounts paid
- $255,100
- Disbursements for charitable purposes
- $255,762
- Excise tax on investment income
- $1,384
Balance sheet and other
- Total assets, start of year
- $620,581
- Total assets, end of year
- $450,191
- Total liabilities, end of year
- $0
- Net assets, end of year
- $450,191
- Fair market value of assets
- $910,005
- Qualifying distributions
- $255,762
- Net investment income
- $120,950
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS N ALLEN 7204 GLEN FOREST DRIVE SUITE 100, RICHMOND, VA 23226 | PRESIDENT | 0 | $0 |
| BERNADETTE G PALMER 7204 GLEN FOREST DRIVE SUITE 100, RICHMOMD, VA 23226 | TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS N ALLEN 7204 GLEN FOREST DRIVE SUITE 100, RICHMOND, VA 23226 | PRESIDENT | 0 | $0 |
| BERNADETTE G PALMER 7204 GLEN FOREST DRIVE SUITE 100, RICHMOMD, VA 23226 | TREASURER | 0 | $0 |
990-PF for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS N ALLEN 7204 GLEN FOREST DRIVE SUITE 100, RICHMOND, VA 23226 | PRESIDENT | 0 | $0 |
| BERNADETTE G PALMER 7204 GLEN FOREST DRIVE SUITE 100, RICHMOMD, VA 23226 | TREASURER | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 7204 GLEN FOREST DR STE 100, RICHMOND, VA 23226-3778
- In care of
- % THOMAS N ALLEN
- Signed the 990-PF
- BERNADETTE G PALMER, TREASURER
- Phone
- (804) 232-2373
- Return prepared by
- ADAMS JENKINS & CHEATHAM
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 54-1900970
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20Z)
- Assets (IRS master file)
- $450,191
- Income (IRS master file)
- $390,872
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $122,995 | $277,118 | $450,191 | XML |
| 990-PF | December 2024 | $435,450 | $542,247 | $620,581 | XML |
| 990-PF | December 2023 | $126,501 | $204,382 | $727,378 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1900970).
Questions about CLOVELLY FOUNDATION
- What is the EIN of CLOVELLY FOUNDATION?
- The employer identification number (EIN) of CLOVELLY FOUNDATION is 54-1900970.
- Is CLOVELLY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to CLOVELLY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CLOVELLY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CLOVELLY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLOVELLY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of CLOVELLY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does CLOVELLY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $122,995, expenses of $277,118 and total assets of $450,191 at year end.
Other nonprofits in RICHMOND
- THE COMMUNITY FOUNDATION INC EIN 23-7009135 · last filed 990 for 2024
- RED GATES FOUNDATION EIN 30-1201296 · last filed 990-PF for 2024
- THE BLUEBIRD FOUNDATION EIN 41-2732892 · last filed 990-PF for 2025
- ENDEAVOUR LEGACY FOUNDATION EIN 83-1934407 · last filed 990-PF for 2024
- BARBARA BRUNCKHORST FOUNDATION EIN 86-6502564 · last filed 990-PF for 2024
- THE PAULEY FAMILY FOUNDATION EIN 54-1685158 · last filed 990 for 2024
- DOMINION ENERGY CHARITABLE FOUNDATION EIN 47-2746460 · last filed 990-PF for 2024
- RICHMOND JEWISH FOUNDATION EIN 54-1623966 · last filed 990 for 2025
All nonprofits in RICHMOND · Virginia · Philanthropy, voluntarism and grantmaking foundations