Quantitative Foundation

Charlottesvle, VA
Tax-exempt since Sept. 2009
EIN: 26-3922404

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$5.91M (2023)

Expenses

$6.54M (2023)

Total Assets

$82.9M (2023)

Total Liabilities

$0 (2023)

Years with missing data

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$5,910,457

Expenses

$6,543,502

Net Income

-$633,045

Net Assets

$82,881,868

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$51	0.0%
Dividends	$310,830	5.3%
Sales of Assets	$5,600,746	94.8%
Other Income	-$1,170

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,031,904	92.2%
Compensation of Officers*	$243,070	3.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$82,881,868
Total Liabilities	$0
Net Assets	$82,881,868

Compensation

Key Employees and Officers	Compensation	Other
William W Foshay Iii (Executive Dir.)	$80,231	$0
Gordon R Giuliano (Cfo)	$58,623	$0
Ann Marie Park (Coo)	$40,000	$0
Francis Johnson (Program Director)	$37,216	$0
Christina Luke (Asst. To Coo)	$27,000	$0
Jaffray P Woodriff (Trustee)	$0	$0
Merrill S Woodriff (Dir. Local Grant)	$0	$0

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990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$1,400,916

Expenses

$23,628,536

Net Income

-$22,227,620

Net Assets

$95,810,124

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$30,858	2.2%
Sales of Assets	$276,461	19.7%
Other Income	$1,093,597	78.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,215,916	98.3%
Compensation of Officers*	$216,403	0.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$95,810,124
Total Liabilities	$0
Net Assets	$95,810,124

Compensation

Key Employees and Officers	Compensation	Other
William W Foshay Iii (Executive Dir.)	$80,231	$0
Gordon R Giuliano (Cfo)	$58,623	$0
Francis Johnson (Program Director)	$37,216	$0
Christina Luke (Asst. To Coo)	$27,000	$0
Ann Marie Partk (Coo)	$13,333	$0
Jaffray P Woodriff (Trustee)	$0	$0
Merrill S Woodriff (Dir. Local Grant)	$0	$0

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990-PF

Filed on Aug. 21, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

View Filing (2 of 2)

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

-$10,401,387

Expenses

$23,159,173

Net Income

-$33,560,560

Net Assets

$101,541,098

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,675
Dividends	$152,404
Sales of Assets	-$10,573,210
Other Income	$17,744

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,037,347	99.5%
Compensation of Officers*	$219,430	0.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$101,541,098
Total Liabilities	$0
Net Assets	$101,541,098

Compensation

Key Employees and Officers	Compensation	Other
William W Foshay Iii (Executive Dir.)	$95,405	$0
Gordon R Giuliano (Cfo)	$63,603	$0
Francis Johnson (Program Dir.)	$31,801	$0
Christina Luke (Asst. To Coo)	$28,621	$0
Jaffray P Woodriff (Trustee)	$0	$0
Merrill S Woodriff (Dir Local Grant)	$0	$0
Ann Marie Park (Coo (As Of 8/31/2022))	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$4,982,873

Expenses

$23,541,166

Net Income

-$18,558,293

Net Assets

$135,172,727

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$163,266	3.3%
Dividends	$16,780	0.3%
Sales of Assets	$4,745,036	95.2%
Other Income	$57,791	1.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,337,482	99.1%
Compensation of Officers*	$203,070	0.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$135,172,728
Total Liabilities	$1
Net Assets	$135,172,727

Compensation

Key Employees and Officers	Compensation	Other
William W Foshay Iii (Executive Dir.)	$80,231	$0
Gordon R Giuliano (Cfo)	$58,623	$0
Francis Johnson (Program Dir.)	$37,216	$0
Christina Luke (Asst. To Coo)	$27,000	$0
Jaffray P Woodriff (Trustee)	$0	$0
Andrea Lawrence (Coo)	$0	$0
Merrill S Woodriff (Dir Local Grant)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2019

Revenue

$21,465,211

Expenses

$62,379,527

Net Income

-$40,914,316

Net Assets

$153,731,020

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$266,108	1.2%
Dividends	$34,391	0.2%
Sales of Assets	$21,071,353	98.2%
Other Income	$93,359	0.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$62,026,260	99.4%
Compensation of Officers*	$219,523	0.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$153,731,021
Total Liabilities	$1
Net Assets	$153,731,020

Compensation

Key Employees and Officers	Compensation	Other
William W Foshay Iii (Executive Dir.)	$114,297	$0
Gordon R Giuliano (Cfo)	$57,143	$0
Francis Johnson (Program Dir.)	$28,571	$0
Christina Luke (Asst. To Coo)	$19,512	$0
Jaffray P Woodriff (Trustee)	$0	$0
Andrea Lawrence (Coo)	$0	$0
Merrill S Woodriff (Dir Local Grant)	$0	$0

+ View more people

990-PF

Filed on Nov. 14, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2015

Revenue

$1,049,572

Expenses

$3,717,824

Net Income

-$2,668,252

Net Assets

$69,358,008

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$9,162	0.9%
Sales of Assets	$992,318	94.5%
Other Income	$48,092	4.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,486,128	93.8%
Compensation of Officers*	$179,075	4.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$69,358,008
Total Liabilities	$0
Net Assets	$69,358,008

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$22,048,923

Expenses

$4,331,452

Net Income

$17,717,471

Net Assets

$72,026,258

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$37,729	0.2%
Sales of Assets	$21,904,394	99.3%
Other Income	$106,800	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,335,224	> 100%
Compensation of Officers*	$178,949	4.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$72,026,258
Total Liabilities	$0
Net Assets	$72,026,258

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$6,379,443

Expenses

$5,288,437

Net Income

$1,091,006

Net Assets

$54,308,785

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,065	0.1%
Sales of Assets	$6,174,767	96.8%
Other Income	$196,611	3.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,093,168	96.3%
Compensation of Officers*	$114,448	2.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$54,308,785
Total Liabilities	$0
Net Assets	$54,308,785

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$6,784,159

Expenses

$5,234,455

Net Income

$1,549,704

Net Assets

$53,217,774

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$12,602	0.2%
Sales of Assets	$6,620,514	97.6%
Other Income	$151,043	2.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,016,280	95.8%
Compensation of Officers*	$118,867	2.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$53,217,774
Total Liabilities	$0
Net Assets	$53,217,774

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$7,411,174

Expenses

$3,497,436

Net Income

$3,913,738

Net Assets

$51,668,070

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12,118	0.2%
Dividends	$0
Sales of Assets	$7,385,799	99.7%
Other Income	$13,257	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,618,244	> 100%
Compensation of Officers*	$129,782	3.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$51,668,070
Total Liabilities	$0
Net Assets	$51,668,070

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
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Quantitative Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $5.91M (2023)

Expenses $6.54M (2023)

Total Assets $82.9M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

No Extracted Financial Data

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2010

No Extracted Financial Data

Revenue

$5.91M (2023)

Expenses

$6.54M (2023)

Total Assets

$82.9M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008