A Private Foundation located in RESTON, VA



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

A

2023 Tax Year

About this Private Foundation: 431161


This foundation, located in RESTON, VA, maintains assets exceeding $11.6m. In its most recent filings, it reported awarding $555.4k 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 RESTON, 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 private foundation based in Reston has made significant strides in charitable giving, showcasing a commitment to philanthropy, voluntarism, and grantmaking. With total assets amounting to $11.7 million USD, this foundation has allocated $555.4K USD towards grants, reflecting its dedication to supporting various community initiatives and organizations. The foundation's total expenditure for the year stands at $240.3K USD, highlighting its active role in fostering positive change through strategic funding. The foundation's mission centers around enhancing the quality of life in communities by empowering individuals and organizations through financial support. It prioritizes funding projects that promote volunteerism, community engagement, and innovative solutions to pressing societal challenges. Grant opportunities are available for nonprofits and community-based organizations that align with these values, focusing on initiatives that encourage civic participation and foster a spirit of giving. Eligibility criteria for potential grantees typically include being a registered nonprofit organization or a community group with a clear mission and measurable impact. The foundation seeks to partner with organizations that demonstrate a commitment to sustainability and community involvement, ensuring that funded projects have long-lasting benefits. Funding locations are primarily centered around regions where the foundation can make a meaningful impact, although it remains open to opportunities that align with its mission on a broader scale. By investing in initiatives that promote social responsibility and community development, the foundation aims to create a ripple effect of positive change. In summary, this private foundation is a vital player in the landscape of charitable giving, providing essential funding and support to organizations dedicated to philanthropy and community service. Its strategic focus on voluntarism and grantmaking not only enhances the lives of individuals but also strengthens the fabric of communities, making it a key resource for those seeking to make a difference.
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RESTON, VA

Summary

Assets

$11.6m

Distributions

$555.4k

Contributions

$240.3k

Grant Median

$

Count

0

Grant Max

$0
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Latest Tax e-Filing

2023

Published by IRS

2024

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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State

VA

City

RESTON

Purpose

Interest

Philanthropy, Voluntarism & Grantmaking Foundations

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The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

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