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The Alleghany Foundation


Last Updated: 2016-02-04

At A Glance

The Alleghany Foundation

214 W. Main St., P.O. Box 1176

Covington, VA United States 24426-1554

Telephone: (540) 962-0970


Type of Grantmaker

Independent foundation

Additional Descriptor

  • Health conversion foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $67,234,622

Total giving: $2,173,787






Established in 1995 in VA; converted from the sale of Alleghany Regional Hospital Corporation to Columbia/HCA Healthcare Corp. The foundation awarded its first grants in Nov. 1996

Purpose and Activities

The foundation awards grants to organizations serving the Alleghany County, Covington, and Clifton Forge areas of VA, with an emphasis on new and different programs that improve the community's quality of life. The foundation awarded its first grants in Nov. 1996.

Fields of Interest

  • Arts and culture
  • Business and industry
  • Community and economic development
  • Economic development
  • Education
  • Health
  • Historic preservation
  • Historical activities
  • Leadership development
  • Nonprofits
  • Public transportation
  • Tourism
  • Urban development
Population Groups
  • Academics
  • Children
  • Children and youth
  • People with disabilities
  • People with psychosocial disabilities
  • Students

Financial Data

Year ended 2013-12-31

Assets: $67,234,622 (market value)

Expenditures: $3,251,696

Total giving: $2,173,787

Qualifying distributions: $3,154,371

Giving activities include:

$2,173,787 for 76 grants (high: $151,519; low: $535)