Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
VIRGINIA SARGEANT REYNOLDS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 17950
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RICHMOND, VA23226
A Employer identification number

54-1595360
B Telephone number (see instructions)

(804) 285-7700
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$39,793,176J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 25,117 25,117  
4 Dividends and interest from securities... 189,960 187,951  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 680,795
b Gross sales price for all assets on line 6a 1,106,400
7 Capital gain net income (from Part IV, line 2)... 680,795
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,380,388 1,360,516  
12 Total. Add lines 1 through 11........ 2,276,260 2,254,379  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 64,000 21,333   42,667
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
22,299 11,150   11,149
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
63,433 63,433   0
17 Interest............... 8,810 8,810   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
13,185 185   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
144,542 138,207   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 316,269 243,118   53,816
25 Contributions, gifts, grants paid....... 2,025,000 2,025,000
26 Total expenses and disbursements. Add lines 24 and 25 2,341,269 243,118   2,078,816
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -65,009
b Net investment income (if negative, enter -0-) 2,011,261
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 37,842 48,995 48,995
2 Savings and temporary cash investments......... 915,339 138,136 138,136
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 1,162,915 Click to see attachment
List of Attached Documents:
// Content
847,720 		2,013,710
c Investments—corporate bonds (attach schedule)....... 959,905 Click to see attachment
List of Attached Documents:
// Content
946,211 		908,122
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 26,281,531 Click to see attachment
List of Attached Documents:
// Content
27,311,461 		35,934,213
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
750,000 		Click to see attachment
List of Attached Documents:
// Content
750,000 		Click to see attachment
List of Attached Documents:
// Content
750,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 30,107,532 30,042,523 39,793,176
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
688,160 		Click to see attachment
List of Attached Documents:
// Content
688,160
23 Total liabilities (add lines 17 through 22)......... 688,160 688,160
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 3,399,407 3,399,407
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 26,019,965 25,954,956
29 Total net assets or fund balances (see instructions)..... 29,419,372 29,354,363
30 Total liabilities and net assets/fund balances (see instructions). 30,107,532 30,042,523
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
29,419,372
2
Enter amount from Part I, line 27a .....................
2
-65,009
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
29,354,363
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
29,354,363
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a LITIGATION PROCEEDS - WELLS FARGO     2024-02-15
b LITIGATION PROCEEDS - WELLS FARGO     2024-02-15
c LITIGATION PROCEEDS - NORTAL     2024-02-29
d LITIGATION PROCEEDS - CITIGROUP     2024-02-29
e LITIGATION PROCEEDS - NIELSEN     2024-10-29
3M CO 3.25% 02/14/2024 CALLABLE 25000 SH   2019-02-12 2024-02-14
ALPHABET INC C 100 SH   2014-01-31 2024-12-11
ALPHABET INC. A 100 SH   2014-01-31 2024-03-19
ALPHABET INC. C 150 SH   2014-01-31 2024-06-10
AMAZON.COM INC 50 SH   2016-11-10 2024-06-10
AMAZON.COM INC 50 SH   2016-11-10 2024-12-11
AMAZON.COM INC 50 SH   2016-11-10 2024-12-17
AMERIPRISE FINL 20 SH   2014-01-31 2024-06-10
AMERIPRISE FINL INC 30 SH   2014-01-31 2024-12-11
APPLE INC 50 SH   2014-01-31 2024-02-22
APPLE INC 50 SH   2014-01-31 2024-06-10
APPLE INC 50 SH   2014-01-31 2024-12-11
APPLE INC 50 SH   2014-01-31 2024-12-17
APPLIED MATLS INC 25 SH   2021-02-17 2024-12-17
BOOKING HLDGS INC 2 SH   2021-02-16 2024-12-11
BOOKING HLDGS INC 3 SH   2021-02-16 2024-12-17
BOOKING HOLDINGS INC 1 SH   2021-02-16 2024-06-10
BROADCOM INC 10 SH   2021-10-12 2024-02-22
BROADCOM INC 5 SH   2021-10-12 2024-06-10
BROADCOM INC 50 SH   2021-10-12 2024-12-17
CHEVRON CORP 50 SH   2015-05-21 2024-02-22
CISCO SYS INC 100 SH   2014-01-31 2024-12-17
CISCO SYSTEMS INC 300 SH   2014-01-31 2024-06-10
CVS HEALTH CORP 400 SH   2020-06-25 2024-12-11
EATON CORP PLC 150 SH   2014-01-31 2024-06-10
EATON CORP PLC 30 SH   2014-01-31 2024-12-17
ELEVANCE HEALTH INC 10 SH   2014-01-31 2024-06-10
ELEVANCE HEALTH INC 10 SH   2014-01-31 2024-12-17
EXXON MOBIL CORP 100 SH   2014-01-31 2024-02-22
GLAXOSMITHKLINE CAPI 3% 06/01/2024 CALLABLE 30000 SH   2019-09-25 2024-06-01
GOLDMAN SACHS GROUP 10 SH   2018-12-03 2024-12-17
GOLDMAN SACHS GROUP 15 SH   2018-12-03 2024-06-10
HOME DEPOT INC 15 SH   2014-01-31 2024-12-17
ILLINOIS TOOL WORKS 3.5% 03/01/2024 CALLABLE 25000 SH   2016-06-23 2024-03-01
INVSC KBW BANK ETF 500 SH   2023-03-17 2024-06-10
ISHARES SEMICONDUCTOR ETF 200 SH   2019-02-12 2024-06-10
ISHARES SEMICONDUCTOR ETF 50 SH   2019-02-12 2024-12-17
J P MORGAN CHASE & C 50 SH   2014-01-31 2024-06-10
JOHNSON & JOHNSON 25 SH   2014-01-31 2024-12-17
JPMORGAN CHASE & CO 50 SH   2014-01-31 2024-12-17
LOWES COS INC 25 SH   2016-09-07 2024-12-17
MERCK & CO. INC. 50 SH   2016-05-24 2024-06-10
META PLATFORMS INC A 10 SH   2020-04-08 2024-06-10
META PLATFORMS INC A 25 SH   2020-04-08 2024-02-22
META PLATFORMS INC A 40 SH   2020-04-08 2024-12-11
MICROSOFT CORP 15 SH   2014-01-31 2024-12-17
MICROSOFT CORP 25 SH   2014-01-31 2024-02-22
MICROSOFT CORP 25 SH   2014-01-31 2024-06-10
MICROSOFT CORP 25 SH   2014-01-31 2024-12-11
NORFOLK SOUTHERN CO 30 SH   2014-01-31 2024-06-10
NVIDIA CORP 25 SH   2023-06-02 2024-12-17
NVIDIA CORP 75 SH   2023-06-02 2024-12-11
ORACLE CORP 100 SH   2014-01-31 2024-06-10
ORACLE CORP 50 SH   2014-01-31 2024-12-17
ORACLE CORP 75 SH   2014-01-31 2024-12-11
PNC FINL SERVICES 25 SH   2018-09-11 2024-12-17
PROCTER & GAMBLE CO 25 SH   2021-11-08 2024-12-17
THERMO FISHER SCIENT 5 SH   2014-01-31 2024-12-17
THERMO FISHER SCNTFC 30 SH   2014-01-31 2024-06-10
TJX COMPANIES INC 50 SH   2019-10-29 2024-06-10
TJX COS INC NEW 50 SH   2019-10-29 2024-12-11
TJX COS INC NEW 50 SH   2019-10-29 2024-12-17
TRANE TECHNOLOGIES P 10 SH   2018-03-01 2024-12-17
TRANE TECHNOLOGIES P 100 SH   2018-03-01 2024-12-11
TRANE TECHNOLOGIES P 75 SH   2018-03-01 2024-06-10
U.S. BANCORP 3.6% 09/11/2024 CALLABLE 25000 SH   2016-06-22 2024-09-11
UNILEVER PLC ADR 75 SH   2023-02-28 2024-12-17
US TREASURY 2.25% 11/15/2024 10000 SH   2016-06-30 2024-11-15
US TREASURY 2.25% 11/15/2024 10000 SH   2016-11-18 2024-11-15
US TREASURY 2.375% 05/15/2027 10000 SH   2018-02-28 2024-01-10
US TREASURY 2.375% 05/15/2027 10000 SH   2019-02-25 2024-01-10
US TREASURY 2.75% 05/31/2029 15000 SH   2022-08-09 2024-03-15
US TREASURY 2.75% 05/31/2029 15000 SH   2022-08-09 2024-04-11
VANGUARD INFORMATION TECHNOLO ETF IV 25 SH   2016-09-07 2024-12-17
VANGUARD INFORMATION TECHNOLOGY ETF 75 SH   2016-09-07 2024-06-10
VISA INC A 25 SH   2018-11-20 2024-12-17
WALMART INC 50 SH   2014-01-31 2024-06-10
WALMART INC 75 SH   2014-01-31 2024-12-11
ST CAPITAL GAINS FROM PASS-THRU'S P   2024-12-31
LT CAPITAL GAINS FROM PASS-THRU'S P   2024-12-31
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 79     79
b 11     11
c 17     17
d 164     164
e 64     64
25,000   25,000 0
19,418   2,909 16,509
14,702   2,927 11,775
26,251   4,364 21,887
9,333   1,863 7,470
11,510   1,863 9,647
11,582   1,863 9,719
8,542   2,108 6,434
16,444   3,162 13,282
9,146   889 8,257
9,783   889 8,894
12,500   888 11,612
12,641   888 11,753
4,251   2,898 1,353
10,493   4,394 6,099
15,466   6,590 8,876
3,784   2,197 1,587
12,932   4,843 8,089
7,223   2,422 4,801
12,025   2,422 9,603
7,757   5,306 2,451
5,886   2,180 3,706
13,662   6,540 7,122
21,018   25,635 -4,617
48,267   8,870 39,397
10,465   1,774 8,691
5,334   867 4,467
3,690   867 2,823
10,515   9,249 1,266
30,000   30,000 0
5,776   1,927 3,849
6,796   2,891 3,905
6,141   1,150 4,991
25,000   25,000 0
26,259   20,350 5,909
48,649   12,058 36,591
11,230   3,014 8,216
9,959   2,782 7,177
3,632   2,219 1,413
11,889   2,782 9,107
6,446   1,882 4,564
6,509   2,654 3,855
4,986   1,712 3,274
12,193   4,279 7,914
25,350   6,846 18,504
6,824   558 6,266
10,243   931 9,312
10,668   931 9,737
11,227   931 10,296
6,747   2,769 3,978
3,250   984 2,266
10,201   2,953 7,248
12,600   3,694 8,906
8,606   1,847 6,759
13,435   2,771 10,664
4,967   3,579 1,388
4,263   3,623 640
2,653   573 2,080
17,331   3,436 13,895
5,344   2,904 2,440
6,377   2,904 3,473
6,182   2,904 3,278
3,925   668 3,257
39,879   6,675 33,204
24,169   5,007 19,162
25,000   25,000 0
4,442   3,758 684
10,000   10,000 0
10,000   9,999 1
9,474   9,575 -101
9,474   9,818 -344
13,894   14,842 -948
13,719   14,842 -1,123
16,128   2,981 13,147
41,434   8,944 32,490
7,959   3,354 4,605
3,328   1,240 2,088
7,144   1,860 5,284
    537 -537
104,743     104,743
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       79
b       11
c       17
d       164
e       64
      0
      16,509
      11,775
      21,887
      7,470
      9,647
      9,719
      6,434
      13,282
      8,257
      8,894
      11,612
      11,753
      1,353
      6,099
      8,876
      1,587
      8,089
      4,801
      9,603
      2,451
      3,706
      7,122
      -4,617
      39,397
      8,691
      4,467
      2,823
      1,266
      0
      3,849
      3,905
      4,991
      0
      5,909
      36,591
      8,216
      7,177
      1,413
      9,107
      4,564
      3,855
      3,274
      7,914
      18,504
      6,266
      9,312
      9,737
      10,296
      3,978
      2,266
      7,248
      8,906
      6,759
      10,664
      1,388
      640
      2,080
      13,895
      2,440
      3,473
      3,278
      3,257
      33,204
      19,162
      0
      684
      0
      1
      -101
      -344
      -948
      -1,123
      13,147
      32,490
      4,605
      2,088
      5,284
      -537
      104,743
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 680,795
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 27,957
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 27,957
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 27,957
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 41,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 1,561
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 11,482
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow11,482 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowVA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowVSRFOUNDATION.COM
14
The books are in care ofright arrowBRYAN BROTHERS INC Telephone no.right arrow (804) 285-7700

Located atright arrow920 LIBBIE AVENUE SUITE 103RICHMONDVA ZIP+4right arrow23226
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
J SARGEANT REYNOLDS JR PRESIDENT
1.00 		28,000 0 0
PO BOX 17950
RICHMOND,VA23226
AUSTIN BROCKENBROUGH III DIRECTOR
1.00 		0 0 0
PO BOX 17950
RICHMOND,VA23226
RICHARD ROLAND REYNOLDS DIRECTOR
1.00 		18,000 0 0
PO BOX 17950
RICHMOND,VA23226
VIRGINIA R PARKER DIRECTOR
1.00 		18,000 0 0
PO BOX 17950
RICHMOND,VA23226
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
BROCKENBROUGH & CO INVESTMENT ADVISOR 63,409
920 LIBBIE AVE
RICHMOND,VA23226
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
3,536,061
b
Average of monthly cash balances.......................
1b
1,409,745
c
Fair market value of all other assets (see instructions)................
1c
35,211,706
d
Total (add lines 1a, b, and c).........................
1d
40,157,512
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
40,157,512
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
602,363
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
39,555,149
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,977,757
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
1,977,757
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
27,957
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
27,957
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,949,800
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,949,800
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,949,800
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,078,816
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,078,816
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,949,800
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 95,469
b From 2020......  
c From 2021......  
d From 2022...... 118,815
e From 2023......  
f Total of lines 3a through e ........ 214,284
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,078,816
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 1,949,800
e Remaining amount distributed out of corpus 129,016
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 343,300
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		95,469
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		247,831
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022.... 118,815
d Excess from 2023....  
e Excess from 2024.... 129,016
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
VIRGINIA SARGEANT REYNOLDS FOUNDATI
PO BOX 17950
RICHMOND,VA23226
(804) 285-7700
VSRF@BRYANBROTHERS.COM
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS CAN BE SUBMITTED BY LETTER OR BY COMPLETING THE GRANT APPLICATION FORM ON THE FOUNDATION'S WEBSITE AT VSRFOUNDATION.COM/HOW-TO-APPLY/
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN CIVIL WAR MUSEUM

480 TREDEGAR ST
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

ART 180

114 W MARSHALL STREET
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

BATTERSEA FOUNDATION

1289 UPPER APPOMATTOX STREET
PETERSBURG,VA23803 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

BON SECOURS RICHMOND HEALTH CARE FOUNDATION

5855 BREMO ROAD SUITE 100
RICHMOND,VA23226 		NONE PUBLIC CHARITY CHILDREN'S HOPE GALA 2023 25,000

BOYS AND GIRLS CLUB OF METRO RICHMOND

5511 STAPLES MILL ROAD SUITE 301
RICHMOND,VA23228 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

CAL RIPKEN SR FOUNDATION

1427 CLARKVIEW RD SUITE 100
BALTIMORE,MD21209 		NONE PUBLIC CHARITY 2023 ASPIRE GALA 25,000

CENTRAL VIRGINIA LEGAL AID SOCIETY

101 W BROAD ST
RICHMOND,VA23220 		NONE PUBLIC CHARITY CCA 2023 SPONSORSHIP 25,000

COLLEGE OF THE ATLANTIC

105 EDEN STREET
BAR HARBOR,ME04609 		NONE PUBLIC CHARITY GENERAL PURPOSES 20,000

CROSSOVER HEALTHCARE MINISTRY

8600 QUIOCCASIN ROAD SUITE 101
RICHMOND,VA23229 		NONE PUBLIC CHARITY CAPITAL CAMPAIGN 50,000

DUKENICHOLAS SCHOOL OF THE ENVIRONMENT

BOX 90328
DURHAM,NC27708 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

FAIR GIRLS

2021 L ST NW
WASHINGTON,DC20036 		NONE PUBLIC CHARITY GENERAL PURPOSES 30,000

FAISON CENTER

5311 MARKEL ROAD
RICHMOND,VA23230 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

FORWARD FOUNDATION

4415 COX RD
GLEN ALLEN,VA23060 		NONE PUBLIC CHARITY GENERAL PURPOSES 15,000

FRIENDS OF HOLLYWOOD CEMETARY

412 SOUTH CHERRY STREET
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

GARDEN CLUB OF VIRGNIAHGW-RVA CORP

12 E FRANKLIN ST
RICHMOND,VA23219 		NONE PUBLIC CHARITY HISTORIC GARDEN WEEK-HONOR ROLL POPLAR SPONSOR 10,000

GEORGE C MARSHALL FOUNDATION

340 VMI PARADE
LEXINGTON,VA24450 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

GOOCHLAND CARES

PO BOX 116
GOOCHLAND,VA23063 		NONE PUBLIC CHARITY GENERAL PURPOSES 30,000

GRASP

2821 EMERYWOOD PARKWAY SUITE 204
RICHMOND,VA23294 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

GROTON SCHOOL

282 FARMERS ROW
GROTON,MA01450 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

J SARGEANT REYNOLDS COMMUNITY COLLEGE

1651 EAST PARHAM ROAD
RICHMOND,VA23261 		NONE PUBLIC CHARITY GENERAL PURPOSES 60,000

LIBERATION VETERAN SERVICES

1201 HULL STREET
RICHMOND,VA23224 		NONE PUBLIC CHARITY FUNDING ADDITIONAL CASE MANAGER 25,000

MADISON COUNTY ARTS COUNCIL

PO BOX 32
MARSHALL,NC28753 		NONE PUBLIC CHARITY CITIZEN VINYL HURRICANE RELIEF 25,000

MCV FOUNDATION

PO BOX 980275
RICHMOND,VA23298 		NONE PUBLIC CHARITY MEDICAL RESEARCH - DR. LAWRENCE 25,000

NATIONAL CATHEDRAL SCHOOL

3612 WOODLEY ROAD NW
WASHINGTON,DC20016 		NONE PUBLIC CHARITY ANNUAL FUND & REYNOLDS SERVICE FELLOWSHIP ENDOWMENT 20,000

OPERATION HEALING FORCES

380 PARK PLACE BLVD SUITE 175
CLEARWATER,FL33759 		NONE PUBLIC CHARITY GENERAL PURPOSES 10,000

OVERLAND SUMMERS FOUNDATION

10 WALDEN STREET
WILLIAMSTOWN,MA01267 		NONE PUBLIC CHARITY REYNOLDS SCHOLARS PROGRAM 25,000

RICHMOND SPCA

2519 HERMITAGE ROAD
RICHMOND,VA23220 		NONE PUBLIC CHARITY 25TH ANNUAL FUR BALL 10,000

RIVERSIDE SCHOOL

2110 MCRAE RD
NORTH CHESTERFIELD,VA23235 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

SECOND PRESBYTERIAN CHURCH

5 N 5TH ST
RICHMOND,VA23219 		NONE PUBLIC CHARITY ORGAN 25,000

SHELTERING ARMS FOUNDATION

PO BOX 91758
RICHMOND,VA23291 		NONE PUBLIC CHARITY GENERAL PURPOSES 140,000

SPORTABLE

1365 OVERBROOK RD STE 2
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

ST CATHERINE'S SCHOOL FOUNDATION

6001 GROVE AVENUE
RICHMOND,VA23226 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

ST CHRISTOPHER'S SCHOOL FOUNDATION

711 ST CHRISTOPHERS ROAD
RICHMOND,VA23226 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

ST JAMES' EPISCOPAL CHURCH

1205 W FRANKLIN ST
RICHMOND,VA23220 		NONE PUBLIC CHARITY RAMP PROJECT 50,000

ST JOHN'S CHURCH FOUNDATION

2401 E BROAD ST
RICHMOND,VA23223 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

ST PAUL'S CATHEDRAL TRUST IN AMERICA

300 ARBORETUM PLACE SUITE 600
NORTH CHESTERFIELD,VA23236 		NONE PUBLIC CHARITY GENERAL PURPOSES 20,000

THE NEW YORK LANDMARKS CONSERVANCY

ONE WHITEHALL STREET 21ST FLOOR
NEW YORK,NY10004 		NONE PUBLIC CHARITY GENERAL PURPOSES 15,000

TRUSTEES OF HAMILTON COLLEGE

198 COLLEGE HILL ROAD
CLINTON,NY13323 		NONE PUBLIC CHARITY GENERAL PURPOSES 20,000

UNIVERSITY OF VIRGINIA

PO BOX 400218
CHARLOTTESVILLE,VA22904 		NONE PUBLIC CHARITY GENERAL PURPOSES 100,000

UP RVA

805 ARLINGTON CIRCL
RICHMOND,VA23229 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000

VALENTINE MUSEUM

1015 EAST CLAY STREET
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 100,000

VCU CHILDREN'S HOSPITAL FOUNDATION

1015 EAST CLAY STREET
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 100,000

VIRGINIA MUSEUM OF FINE ARTS

200 N BOULEVARD
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 160,000

VIRGINIA MUSEUM OF HISTORY AND CULTURE

PO BOX 7311
RICHMOND,VA23221 		NONE PUBLIC CHARITY JSR LEADERSHIP ROOM 100,000

VIRGINIA REPERTORY THEATRE

114 W BROAD ST
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

VIRGINIA TECH FOUNDATIONREYNOLDS HOMESTEAD

463 HOMESTEAD LANE
CRITZ,VA24082 		NONE PUBLIC CHARITY GENERAL PURPOSES & CEMETERY FUND 100,000

VIRGINIA WAR MEMORIAL FOUNDATION

621 S BELVIDERE ST
RICHMOND,VA23220 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

VIRGINIANS FOR VETERANS

3701 HUNTMASTER COURT
RICHMOND,VA23233 		NONE PUBLIC CHARITY GENERAL PURPOSES 15,000

WILLIAM & MARY ATHLETICS FOUNDATION

5300 DISCOVERY PARK BOULEVARD 1ST
FL
WILLIAMSBURG,VA23188 		NONE PUBLIC CHARITY DAVID MURPHY FOOTBALL ENDOWMENT FUND 50,000

WILTON HOUSE MUSEUM

215 SOUTH WILTON ROAD
RICHMOND,VA23226 		NONE PUBLIC CHARITY GENERAL PURPOSES 25,000

YWCA

6 N 5TH STREET
RICHMOND,VA23219 		NONE PUBLIC CHARITY GENERAL PURPOSES 50,000
Total .................................right arrow 3a 2,025,000
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 25,117  
4 Dividends and interest from securities ....     14 189,960  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 1,380,388  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 680,795  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 2,276,260 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,276,260
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TAX AND ACCOUNTING FEES 22,299 11,150   11,149

TY 2024 InvestmentsCorpBondsSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Name of Bond End of Year Book Value End of Year Fair Market Value
PUBLICLY TRADED BONDS 946,211 908,122

TY 2024 InvestmentsCorpStockSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Name of Stock End of Year Book Value End of Year Fair Market Value
PUBLICLY TRADED STOCKS 847,720 2,013,710

TY 2024 InvestmentsOtherSchedule2
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
BESPOKE CS - ABSOLUTE STRATEGIES AT COST 2,783,299 3,094,131
BESPOKE CS - FIXED INCOME AT COST 759,605 705,349
BESPOKE CS - GLOBAL EQUITY AT COST 7,901,478 8,988,778
BESPOKE CS - HEDGED EQUITY AT COST 2,348,616 3,758,331
BESPOKE PS - CREDIT OPPORTUNITIES AT COST 236,095 292,353
BESPOKE PS - TAX EXEMPT 2014 AT COST 141,825 213,459
BESPOKE PS - TAX EXEMPT 2015 AT COST 213,019 355,023
BESPOKE PS - TAX EXEMPT 2016 AT COST 369,951 856,571
BESPOKE PS - TAX EXEMPT 2017 AT COST 838,961 1,934,704
BESPOKE PS - TAX EXEMPT 2018 AT COST 1,130,190 1,837,377
BESPOKE PS - TAX EXEMPT 2019 AT COST 2,086,409 3,395,418
BESPOKE PS - TAX EXEMPT 2020 AT COST 2,096,190 2,805,583
BESPOKE PS - TAX EXEMPT 2021 AT COST 2,661,327 3,397,946
BESPOKE PS - TAX EXEMPT 2022 AT COST 1,631,225 1,955,830
BESPOKE PS - TAX EXEMPT 2023 QP AT COST 777,973 725,628
INDUSTRY LITTLE HAWK FD I LP AT COST 31,912 31,912
INDUSTRY VENTURES PT HLDG VI LP AT COST 575,477 701,485
PARKER GLOBAL STRATEGIES LLC AT COST 17,353 17,353
PUBLICLY TRADED ETF'S AT COST 127,592 281,611
PUBLICLY TRADED REIT AT COST 25,184 32,097
BESPOKE PS - TAX EXEMPT 2024 QP AT COST 557,780 553,274

TY 2024 OtherAssetsSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
OTHER NOTE RECEIVABLE 750,000 750,000 750,000


TY 2024 OtherExpensesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 6,068 0   0
SCC REGISTRATION FEES 25 0   0
EXPENSES FROM PASS-THRU'S 138,207 138,207   0
EXPENSES FROM PASS-THRU'S - N/D 153 0   0
CONTRIBUTIONS FROM PASS-THRU'S 89 0   0


TY 2024 OtherIncomeSchedule2
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FROM PASS-THRU INVESTMENTS 1,360,516 1,360,516 1,360,516
FEDERAL EXCISE TAX REFUNDS 19,872 0 19,872


TY 2024 OtherLiabilitiesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Description Beginning of Year - Book Value End of Year - Book Value
INSTALLMENT SALE DEFERRED GAIN 688,160 688,160


TY 2024 OtherProfessionalFeesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 63,409 63,409   0
ADR & BROKER FEES 24 24   0


TY 2024 TaxesSchedule
Name:
VIRGINIA SARGEANT REYNOLDS FOUNDATION
EIN:
54-1595360
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID - PASS-THRU'S 108 108   0
FORM 990PF EXCISE TAX 13,000 0   0
FOREIGN TAXES PAID - EQUITY INVESTMENTS 77 77   0