The Alleghany Foundation

The Alleghany Foundation is an independent non-profit foundation based in Covington, Virginia. Established in 1995, the foundation primarily focuses on the areas of healthcare, education, recreation, economic development, arts and humanities, historic preservation and social and community services. The foundation does not actively conduct charitable activities itself but rather funds other organizations. The assets of the foundation are managed and governed by the board of directors.The Alleghany Foundation's investment portfolio is valued at $51.70 million as of December 31, 2018, with investments in private equity, real estate, natural resources, and cash.