Alleghany Foundation
Historical FunderCovington, Virginia · EIN 54-1027400 · Private foundation · Website
Grants paid (2024)$2.2M
Organizations funded42
Typical grant$22,276
Total assets$75M
Half of its grants to organizations were between $9,509 and $51,772.
From the return
How to apply
The foundation filed the following application information (Form 990-PF Part XV, tax year 2024):
| Contact | MARY FANT DONNAN EXECUTIVE DIRECTOR |
|---|---|
| Address | POST OFFICE BOX 1176, COVINGTON VA 24426 |
| Phone | 5409620970 |
| Form and materials | SEE STATEMENT 16 ELIGIBILITY CRITERIA: THE ALLEGHANY FOUNDATION IS ORGANIZED FOR CHARITABLE PURPOSES, AND GRANTS ARE AWARDED TO ORGANIZATIONS WHICH ARE TAX-EXEMPT UNDER THE IRS SECTION 501(C)(3) AND ARE NOT PRIVATE FOUNDATIONS AS DESCRIBED UNDER SECTION 509(A) AS WELL AS TO QUALIFYING POLITICAL SUBDIVISIONS. PRIORITY IS GIVEN TO ORGANIZATIONS SERVING THE ALLEGHANY COUNTY, COVINGTON, AND CLIFTON FORGE AREAS WITH AN EMPHASIS ON NEW AND DIFFERENT ENDEAVORS TO IMPROVE THE COMMUNITY'S QUALITY OF LIFE. ALTHOUGH THE FOUNDATION HAS NOT ESTABLISHED INFLEXIBLE LIMITATIONS UPON THE PURPOSES FOR WHICH IT WILL AWARD GRANTS, IN GENERAL, GRANTS WILL NOT BE MADE FOR DEBT REDUCTION, ENDOWMENT FUNDS, OR ONGOING GENERAL OPERATING EXPENSES OR EXISTING DEFICITS. WHEREAS THE ALLEGHANY FOUNDATION PLACES A PRIORITY ON PROJECT-SUPPORT, THERE ARE TIMES WHEN GENERAL OPERATING SUPPORT IS DEEMED CRITICAL TO SUSTAIN NON-PROFITS IN THE REGION. THUS, GENERAL OPERATING SUPPORT IS CONSIDERED ON A CASE BY CASE BASIS. |
| Deadlines | APPLICATIONS ARE ACCEPTED YEAR-ROUND. |
| Restrictions | GRANTS ARE GENERALLY AWARDED ONLY TO ORGANIZATIONS WITHIN THE FOUNDATION'S GEOGRAPHIC AREA (ALLEGHANY COUNTY, CLIFTON FORGE & COVINGTON AREAS). GRANTS ARE NOT MADE TO INDIVIDUALS OR RELIGIOUS ORGANIZATIONS. |
Copied as filed. Deadlines on a tax return describe the foundation's usual process; they are not confirmation of a current open cycle.
What it funds
Share of grant lines on the latest return, classified from the purpose each grant states.
Where it gives
0% of grants went outside Virginia.
Grants paid in tax year 2024
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| City of Covington | Covington, VA | Casey field/boodie albert stadium phase III construction | $500,000 |
| Alleghany County | Covington, VA | Jackson river scenic trail phase 5 | $204,119 |
| Alleghany Highlands Chamber of Commerce & Tourism | Covington, VA | Phase 3 trailblazer signs | $191,374 |
| The Masonic Theatre Preservation Foundation | Clifton Forge, VA | General operating support and building maintenance | $184,119 |
| Alleghany Highlands Chamber of Commerce and Tourism | Covington, VA | Operational funds & program support 2021-2024 | $112,861 |
| Covington City Public Schools | Low Moor, VA | Joint school communications specialist | $107,127 |
| Alleghany Highlands Chamber of Commerce and Tourism | Covington, VA | Tourism marketing of the alleghany highlands 2023-2025 | $101,349 |
| Alleghany Highlands Arts Council | Covington, VA | Performing arts & community enrichment 2023-2024 | $85,086 |
| Alleghany Highlands YMCA | Covington, VA | YMCA learning centers transportation | $54,247 |
| Alleghany Highlands Arts Council | Covington, VA | Redefining relevance 2024-2025 | $53,018 |
| Alleghany Highlands YMCA | Covington, VA | Central learning center relocation and renovations | $51,772 |
| Compass for Life | Covington, VA | Compass for life renovations | $51,623 |
| Rockbridge Area Hospice | Lexington, VA | Advanced integrated care | $51,086 |
| Cora Incorporated | Clifton Forge, VA | Cora dance alleghany staff capacity building | $48,213 |
| Alleghany Highlands YMCA | Covington, VA | Early learning financial assistance 2022-23 | $45,701 |
| Alleghany Highlands Arts & Crafts Center | Clifton Forge, VA | Matching funds - learning art by way of experiencing | $45,000 |
| The Masonic Theatre Preservation Foundation | Clifton Forge, VA | Enhancing operational efficiency at the masonic theatre | $36,663 |
| Alleghany Highlands YMCA | Covington, VA | 2024 annual campaign match | $35,475 |
| Recover Virginia | Covington, VA | It's worth it! drop-in | $24,681 |
| The Clifton Forge Company | Clifton Forge, VA | Clifton forge school of the arts development activities | $24,188 |
| Alleghany Highlands Trail Club | Covington, VA | 2025 alleghany highlands trail clearing project | $22,480 |
| The Masonic Theatre Preservation Foundation | Clifton Forge, VA | Fy25 strategic planning and operations project | $22,276 |
| Alleghany Historical Society | Covington, VA | Alleghany highlands industrial heritage and technology discovery center renovation completion | $19,824 |
| Alleghany Highlands Community Services Board Foundation | Covington, VA | Adult drug treatment program | $18,368 |
| Alleghany Highlands Trail Club | Clifton Forge, VA | 2023 alleghany highlands trail clearing project | $15,354 |
| The Advancement Foundation | Buena Vista, VA | Supporting and advancing entrepreneurship & innovation in the alleghany highlands | $12,524 |
| Blue Ridge Legal Services | Harrisonburg, VA | Improving access to civil legal assistance for low-income residents of the alleghany highlands | $12,159 |
| The Masonic Theatre Preservation Foundation | Clifton Forge, VA | Strategic activities | $11,833 |
| Alleghany Historical Society | Covington, VA | 2024 summer interns for the discovery center | $11,240 |
| Alleghany Highlands Chamber of Commerce & Tourism | Covington, VA | Operational funds & program support 2024-2027 | $10,326 |
| Alleghany Highlands Chamber of Commerice & Tourism | Covington, VA | Local food pantry assistance | $10,250 |
| Garth Newel Music Center | Warm Springs, VA | Allegheny mountain string project | $9,509 |
| Town of Clifton Forge | Clifton Forge, VA | Stabilizing the historic stone house at mountain view cemetery | $8,400 |
| Garth Newel Music Center | Warm Springs, VA | Allegheny mountain string project | $7,963 |
| Blue Ridge Legal Services | Harrisonburg, VA | Improving access to civil legal assistance for low-income residents of the alleghany highlands | $7,638 |
| Alleghany Highlands YMCA | Covington, VA | 2024 dolly parton imagination library | $7,524 |
| Rector & Visitors of the University of Virginia | Charlottesville, VA | High school college advisers | $7,500 |
| Rockbridge Area Hospice | Lexington, VA | The wall that heals | $5,000 |
| The Clifton Forge Company | Clifton Forge, VA | 2024 summer intern for the clifton forge school of the arts | $4,800 |
| The Masonic Theatre Preservation Foundation | Clifton Forge, VA | Souper sunday matching funds | $4,114 |
| Alleghany Highlands Arts & Crafts Center | Clifton Forge, VA | 2024 summer intern | $4,094 |
| Alleghany Highlands Arts & Crafts Center | Clifton Forge, VA | Promoting visual arts matching funds | $2,540 |
Grants approved for future payment
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Alleghany Highlands Chamber of Commerce & Tourism | Covington, VA | Operational funds & program support 2024-2027 | $476,674 |
| The Masonic Theatre Preservation Foundation | Clifton Forge, VA | Fy25 strategic planning and operations project | $297,724 |
| The Advancement Foundation | Buena Vista, VA | Supporting and advancing entrepreneurship & innovation in the alleghany highlands | $196,476 |
| Alleghany Highlands Economic Development Corporation | Covington, VA | Traffic studies and site selector tour for pad site | $90,000 |
| Rockbridge Area Hospice | Lexington, VA | Advanced integrated care | $86,634 |
| Alleghany Highlands Chamber of Commerce & Tourism | Covington, VA | Phase 3 trailblazer signs | $83,626 |
| Alleghany Highlands Arts Council | Covington, VA | Redefining relevance 2024-2025 | $76,982 |
| Recover Virginia | Covington, VA | It's worth it! drop-in | $70,319 |
| Blue Ridge Legal Services | Harrisonburg, VA | Improving access to civil legal assistance for low-income residents of the alleghany highlands | $50,397 |
| Alleghany Highlands Trail Club | Covington, VA | 2025 alleghany highlands trail clearing project | $25,020 |
| Garth Newel Music Center | Warm Springs, VA | Allegheny mountain string project | $10,935 |
| Compass for Life | Covington, VA | Compass for life renovations | $8,377 |
| The Masonic Theatre Preservation Foundation | Clifton Forge, VA | Enhancing operational efficiency at the masonic theatre | $3,337 |
Giving by year
| Tax year | Grants paid | Grant lines |
|---|---|---|
| 2024 | $2,243,418 | 55 |
| 2023 | $2,778,025 | 55 |
| 2022 | $1,542,856 | 48 |
Sources
- IRS Form 990-PF, tax year 2024, filed Nov 11, 2025 - IRS e-file batch, object ID 202543159349102154
- IRS Tax Exempt Organization Search for EIN 54-1027400
- Profile updated Nov 5, 2026
Facts on this page come from the foundation's own IRS Form 990-PF filings as published by the IRS. Grantvello does not know whether a foundation is accepting proposals right now: a past grant is not an open opportunity. Always confirm current guidelines with the funder before applying.