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A Private Foundation located in NORFOLK, VA
Latest data derived from the private foundation e-Filings updated by the IRS
133,326
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About this Private Foundation: 401431
This foundation, located in NORFOLK, VA, maintains assets exceeding $4.4k. In its most recent filings, it reported awarding $5.4k in grants, with a median award of $0 and a maximum single grant of $0. The foundation prioritizes initiatives related to Philanthropy. while also funding programs in Voluntarism & Grantmaking Foundations and other fields. Qualified organizations may find this a potential source of funding. Though based in NORFOLK, VA, its grantmaking is not limited geographically and may include the United States and Canada. To access full details including deadlines, instructions, and eligibility requirements, please subscribe to The Grant Portal.
Foundation Profile
In the tax year 2024, a notable private foundation dedicated to philanthropy, voluntarism, and grantmaking has made significant strides in supporting educational initiatives. With total assets amounting to $4,500 and a total grants distribution of $5,500, this foundation exemplifies a strong commitment to charitable giving, particularly in the realm of scholarships for higher education.
The foundation's mission centers around empowering students to pursue their academic dreams, with a specific focus on providing financial assistance to individuals seeking to attend four-year colleges. This commitment to educational advancement is reflected in its funding priorities, which emphasize support for students from diverse backgrounds who demonstrate need and potential. The foundation's grant opportunities are designed to alleviate the financial burdens associated with higher education, thereby fostering a new generation of leaders and innovators.
In the 2024 tax year, the foundation made a significant one-time scholarship award to a deserving student, ensuring that financial constraints do not hinder their academic journey. The foundation's approach to funding is characterized by a thoughtful evaluation of applicants, focusing on their aspirations, achievements, and community involvement. Eligibility criteria typically include academic performance, personal statements, and letters of recommendation, allowing the foundation to select candidates who embody the values of perseverance and dedication.
Although the foundation has concluded its operations as of December 31, 2023, its legacy will continue through the impactful contributions it has made to the community. The total assets were strategically allocated to support a local non-profit organization, further reinforcing the foundation's commitment to enhancing educational opportunities.
For grant seekers, this foundation represents an invaluable resource in the landscape of charitable funding, particularly for those aspiring to further their education. Its focus on scholarships underscores the critical role that private foundations play in shaping the future of countless students, ensuring that the pursuit of knowledge remains accessible to all.
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NORFOLK, VA
Summary
Assets
$4.4k
Distributions
$5.4kContributions
$500Grant Median
$Count
0Grant Max
$0
Latest Tax e-Filing
2023Published by IRS
2024People
| # | Name | Title | Hours / Wk | Comp ($) |
|---|---|---|---|---|
Charitable Activities
Grants
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Amount
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-
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State
VA
City
NORFOLK
Purpose
Interest
Philanthropy, Voluntarism & Grantmaking Foundations
3 results
| Amount | Name | Purpose | Location | Year |
|---|---|---|---|---|
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