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A Private Foundation located in VIRGINIA BEACH, VA
Latest data derived from the private foundation e-Filings updated by the IRS
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About this Private Foundation: 402998
This foundation, located in VIRGINIA BEACH, VA, maintains assets exceeding $1.2m. In its most recent filings, it reported awarding $87.3k 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 VIRGINIA BEACH, 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 prominent foundation based in Virginia Beach has demonstrated its commitment to philanthropy through substantial financial contributions aimed at enhancing community welfare. With total assets amounting to $1.3 million USD, this foundation has allocated $87.3K USD in grants, reflecting its dedication to charitable giving and support for various initiatives.
The foundation prioritizes funding opportunities that foster voluntarism and grantmaking, focusing on projects that align with its mission to promote social good. By concentrating on areas that encourage community engagement and volunteerism, the foundation aims to empower individuals and organizations to create meaningful change.
Eligible applicants include nonprofit organizations, community groups, and other entities that share a commitment to improving the quality of life for residents in the region. The foundation seeks proposals that demonstrate innovative approaches to addressing pressing social issues, thereby enhancing the overall impact of its funding.
Funding priorities are centered on initiatives that promote community development, education, and social services. The foundation encourages projects that not only meet immediate needs but also contribute to long-term solutions. By investing in sustainable programs, it aims to foster resilience and growth within the community.
In addition to its grant distribution, the foundation maintains a modest expenditure of $5.5K USD, ensuring that operational costs remain low and that the majority of its assets are directed towards impactful grants. This strategic approach allows for a greater reach and effectiveness in its philanthropic efforts.
For organizations seeking funding, understanding the foundation's focus on voluntarism and community engagement is crucial. By aligning proposals with these interests, applicants can enhance their chances of securing funding. As the foundation continues to champion charitable initiatives, it remains a vital resource for those looking to make a positive difference in their communities.
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VIRGINIA BEACH, VA
Summary
Assets
$1.2m
Distributions
$87.3kContributions
$5.5kGrant Median
$Count
0Grant Max
$0
Latest Tax e-Filing
2023Published by IRS
2024People
| # | Name | Title | Hours / Wk | Comp ($) |
|---|---|---|---|---|
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