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A Private Foundation located in NEWPORT NEWS, VA
Latest data derived from the private foundation e-Filings updated by the IRS
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About this Private Foundation: 440170
This foundation, located in NEWPORT NEWS, VA, maintains assets exceeding $63.4m. In its most recent filings, it reported awarding $2.6m 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 NEWPORT NEWS, 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 located in Newport News has demonstrated its commitment to philanthropy and community engagement by distributing a total of $2.6 million in grants. With total assets amounting to $63.5 million, this foundation focuses on fostering voluntary action and enhancing charitable giving through targeted funding initiatives.
The foundation's mission centers around promoting philanthropy and voluntarism, aiming to empower communities and support initiatives that align with its values. It prioritizes funding projects that create a lasting impact, particularly in areas that enhance social welfare, education, and community development. Grant seekers are encouraged to explore opportunities that align with these focus areas, as the foundation actively seeks to support innovative solutions that address pressing community needs.
Eligibility for grants typically includes nonprofit organizations, community groups, and other entities dedicated to charitable endeavors. The foundation is particularly interested in projects that demonstrate clear objectives and measurable outcomes, ensuring that the funding provided translates into tangible benefits for the community.
In addition to its commitment to grantmaking, the foundation maintains a strategic approach to its funding priorities, emphasizing the importance of collaboration and partnership. By working alongside grantees, it aims to foster sustainable initiatives that can thrive beyond the initial funding period.
With a total expenditure of $967.1K in the 2024 tax year, the foundation remains dedicated to maximizing its impact through thoughtful and responsible financial stewardship. Grant seekers are encouraged to align their proposals with the foundation's mission and values, ensuring that their projects resonate with the foundation's vision for a more engaged and philanthropic society.
This foundation exemplifies the vital role that private entities play in promoting charitable giving and supporting community-driven initiatives, making it an essential partner for organizations seeking funding in the nonprofit sector.
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NEWPORT NEWS, VA
Summary
Assets
$63.4m
Distributions
$2.6mContributions
$967.1kGrant Median
$Count
0Grant Max
$0
Latest Tax e-Filing
2023Published by IRS
2024People
| # | Name | Title | Hours / Wk | Comp ($) |
|---|---|---|---|---|
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