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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
133,326
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About this Private Foundation: 455265
This foundation, located in Virginia Beach, VA, maintains assets exceeding $30.1m. In its most recent filings, it reported awarding $1.3m 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 private foundation based in Virginia Beach has made significant strides in charitable giving, with total assets amounting to $30.1 million USD. This foundation is dedicated to enhancing the quality of life through philanthropy, voluntarism, and grantmaking, focusing on initiatives that foster community engagement and support various charitable causes.
With a total of $1.3 million USD distributed in grants this year, the foundation emphasizes its commitment to funding projects that align with its mission of promoting social welfare and improving community well-being. The foundation's funding priorities include supporting organizations that encourage volunteerism, enhance educational opportunities, and address critical social issues. By investing in these areas, the foundation aims to empower communities and inspire positive change.
Eligibility for grants is typically extended to nonprofit organizations that demonstrate a clear alignment with the foundation's mission and objectives. The foundation seeks to partner with groups that have a proven track record of effective program implementation and a commitment to transparency and accountability. Additionally, organizations must operate within specified geographic locations to qualify for funding.
The foundation's interests span a wide range of sectors, including education, health, and community development. By strategically allocating its resources, it aims to create lasting impacts that resonate within the community. The total expenditure for the year reached $2.0 million USD, reflecting the foundation's active role in addressing pressing societal needs.
For grant seekers, this foundation presents a valuable opportunity to secure funding for innovative projects that align with its philanthropic goals. By understanding the foundation's mission and funding priorities, organizations can tailor their proposals to meet the specific interests of the foundation, thereby increasing their chances of receiving support. As a champion of charitable giving, this foundation continues to play a vital role in nurturing community-driven initiatives and fostering a culture of philanthropy.
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Virginia Beach, VA
Summary
Assets
$30.1m
Distributions
$1.3mContributions
$2mGrant Median
$Count
0Grant Max
$0
Latest Tax e-Filing
2023Published by IRS
2024People
| # | Name | Title | Hours / Wk | Comp ($) |
|---|---|---|---|---|
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