Private foundation · EIN 20-5331849 · Richmond, Virginia · Philanthropy & grantmaking

Steven & Katherine Markelfoundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 8 grants paid, $1.2M total, median $52K. 100% of grants stayed in Virginia.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
8
$1.2M
Median grant
$52K
Stays in VA
100%
of grants
Deadline
—
Assets
$8.7M

Grants paid in 2025

8 grants, all shown · from Form 990-PF Part XV

RecipientPurposeAmount
Anna Julia Cooper EpiscopalRichmond, VACharitable support$731K
The Maymont FoundationRichmond, VACharitable support$105K
YWCARichmond, VACharitable support$105K
The FIRST Tee of Greater RichmondRichmond, VACharitable support$52K
The Virginia Home for Boys and GirlsHenrico, VACharitable support$52K
VpmRichmond, VACharitable support$52K
Sports BackersHenrico, VACharitable support$34K
Partnership for the FutureGlen Allen, VACharitable support$25K

About this foundation

Steven & Katherine Markelfoundation is a private grantmaking foundation in Richmond, Virginia, administered in care of Steven a Markel, tax-exempt since 2006. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

All filings on ProPublica

Does Steven & Katherine Markelfoundation accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Steven & Katherine Markelfoundation give each year?

In tax year 2025 it paid $1.2M across 8 grants, a median of $52K.

Where does Steven & Katherine Markelfoundation give?

Virginia (8 grants), per its latest filing.

More foundations near Richmond that accept applications

All in Virginia
FoundationBased inGrants paidMedian grantAccepts applicationsAssets
Robins Foundationsince 1965 Richmond, VA $6.1M110 grants · 2024 $30KYes $172M
Robert G III and Maude Morgan Cabell Foundationsince 1961 Richmond, VA $7.7M64 grants · 2024 $50KYes $163M
Mary Morton Parsons Foundationsince 1990 Richmond, VA $9.5M71 grants · 2024 $50KYes $138M
Richmond Memorial Health Foundationsince 1977 Richmond, VA $3.8M103 grants · 2024 $13KYes $121M
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