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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 established private foundation is based in Virginia Beach, VA and manages assets exceeding $30.1m. In its most recent IRS 990-PF filing, the foundation reported distributing $1.3m in grants, with a median award of $0 and a top grant of $0. The foundation's primary mission is to support organizations addressing Philanthropy. Additional areas of focus include Voluntarism & Grantmaking Foundations and more. If your organization aligns with its priorities, you may be eligible for funding. While the foundation is located in Virginia Beach, VA, its grants may reach recipients throughout the United States and Canada. To view the foundation's contact details, application procedures, deadlines, and restrictions, a subscription to The Grant Portal is required.
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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