The Virginia State Capitol

Form 990-PFTax year 2024EIN 26-1812101

Fagus Foundation

A private foundation in Middleburg, VA. Its return for tax year 2024 lists 17 grants and $3.9 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $3,861,370

    Grants listed
    17
    Assets, end of year
    $24,557,957
  • Tax year 2023

    $3,362,272

    Grants listed
    15
    Assets, end of year
    $26,613,841
  • Tax year 2022

    $2,359,902

    Grants listed
    19
    Assets, end of year
    $25,202,993
  • Tax year 2021

    $2,072,752

    Grants listed
    18
    Assets, end of year
    $27,037,794
  • Tax year 2020

    $2,127,652

    Grants listed
    25
    Assets, end of year
    $25,941,297
  • Tax year 2019

    $1,189,250

    Grants listed
    17
    Assets, end of year
    $5,500,748
  • Tax year 2018

    $853,628

    Grants listed
    18
    Assets, end of year
    $6,618,666

Grants paid in 2024

17 grants, largest first

As listed on the return.

  1. Rappahannock County Broadband AuthorityWashington, VA

    Support of public broadband authority

    $1,770,000
  2. Rappahannock County Public SchoolsWashington, VA

    Support of public schools

    $518,000
  3. Smithsonian Conservation Biology InstituteFront Royal, VA

    Charitable support

    $500,000
  4. Coastal Maine Botanical GardensBoothbay, ME

    Charitable support

    $250,000
  5. Fauquier Free Clinic IncWarrenton, VA

    Charitable support

    $200,000
  6. Knox County Homeless CoalitionRockland, ME

    Charitable support

    $160,000
  7. Piedmont Environmental Council IncWarrenton, VA

    Charitable support

    $100,000
  8. Earth University FoundationAtlanta, GA

    Charitable support

    $85,370
  9. Area Interfaith OutreachRockland, ME

    Charitable support

    $70,000
  10. Little Sister's FundKetchum, ID

    Charitable support

    $50,000
  11. Rappahannock Benevolent FundWashington, VA

    Charitable support

    $50,000
  12. Rappahannock Center for EducationSperryville, VA

    Charitable support

    $28,000
  13. Headwaters - the Rappahannock County Public Eduction Foundation IncSperryville, VA

    Charitable support

    $25,000
  14. Island InstituteRockland, ME

    Charitable support

    $20,000
  15. PATH PartnershipsWarrenton, VA

    Charitable support

    $20,000
  16. Women in Film and Video IncWashington, DC

    Charitable support

    $10,000
  17. Maine Coast Fishermens AssnTopsham, ME

    Charitable support

    $5,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Environment2 grants $350,00043% of the total
  2. Human services3 grants $280,00034% of the total
  3. International aid2 grants $135,37017% of the total
  4. Education2 grants $48,0006% of the total

By State

Grants to organizations with a US address, latest year.

  1. Virginia9 grants $3,211,000
  2. Maine5 grants $505,000
  3. Georgia1 grant $85,370
  4. Idaho1 grant $50,000
  5. District of Columbia1 grant $10,000

Officers, directors and trustees

5 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Charles T Akre JrPRES./SEC./TREAS. Hours 5Pay $0
  • Deanna S AkreVICE PRESIDENT Hours 1Pay $0
  • Thomas SB AkreVICE PRESIDENT Hours 1Pay $0
  • Alexis A AkreVICE PRESIDENT Hours 5Pay $0
  • Andrew C AkreVICE PRESIDENT Hours 1Pay $0

The return

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