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The Harvest Foundation of the Piedmont
The Harvest Foundation of the Piedmont was established in 2002. It operates as a community foundation serving Martinsville and Henry County, Virginia.
The Harvest Foundation of the Piedmont
The Harvest Foundation of the Piedmont was established in 2002. It operates as a community foundation serving Martinsville and Henry County, Virginia. Its grantmaking and investment activity concentrate on local health outcomes, education access, and economic revitalization. The foundation deploys capital across real estate, mutual funds, and limited partnerships. Asset-class exposure includes residential housing, industrial development, and commercial facilities. Confirmed projects encompass the Five Points Neighborhood affordable housing development, the Smith River Sports Complex, and the Commonwealth Crossing Business Centre industrial site. All activity remains within Virginia. The foundation also holds a position in the Towle Deep Value Fund. Assets under management stand at $264 million. The foundation maintains relationships with investment advisors Colonial Consulting Corporation and Champlain Investment Partners. It participates in the Virginia Funders Network and the Richmond Fed's Rural Investment Collaborative. In January 2023 the foundation sponsored the Martinsville-Henry County Health Equity Summit. Governance centers on a board chaired by Stephen W. Lemon with operational leadership provided by President Kate Keller and CEO Alan E. Ronk. The structure ties capital allocation directly to local municipal partners including the City of Martinsville and Henry County rather than to external fund commitments.
General information
Firm type
Endowment / Foundation
Year founded
2002
Location
Region
North America
Country
United States
City
Martinsville
Corporate office
134 East Church Street, Martinsville, VA, United States
Principals
Alan E. Ronk
President and CEO
Stephen W. Lemon
Chairman of the Board
Kate Keller
President
Sector focus
Frequently asked questions
Who runs investment decisions at The Harvest Foundation of the Piedmont?
Alan E. Ronk serves as President and CEO. Stephen W. Lemon chairs the board. Kate Keller holds the title of President. Decisions incorporate input from external advisors Colonial Consulting Corporation and Champlain Investment Partners.
Does The Harvest Foundation of the Piedmont participate in fund commitments or only direct deals?
The foundation holds both. It maintains a position in the Towle Deep Value Fund and limited partnerships. It also executes direct ownership and joint-venture positions in local real estate projects.
What investment stages does The Harvest Foundation of the Piedmont typically target?
The foundation focuses on completed or near-term projects rather than early-stage venture. Capital supports operational facilities, housing construction, and industrial site preparation in Virginia.
Which sectors does The Harvest Foundation of the Piedmont explicitly prioritize?
Health, education, and community vitality form the core mandate. Capital flows to healthcare facilities, schools, affordable housing, and industrial development that supports local employment.
How is The Harvest Foundation of the Piedmont related to local government entities?
It maintains formal partnerships with the City of Martinsville and Henry County. These relationships govern funding for economic development projects including the Commonwealth Crossing site and the Smith River Sports Complex.
Where does the underlying wealth come from?
The foundation was established in 2002 as a community philanthropic entity. Public records do not disclose a single family wealth source.
Does The Harvest Foundation of the Piedmont maintain philanthropic structures, and how are they separated?
The foundation itself serves as the primary grantmaking vehicle. It also oversees the Harvest Youth Board, established in 2015, which directs youth-focused initiatives within the same geographic footprint.
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