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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: 473254
Located in VIRGINIA BEACH, VA, this notable foundation holds assets exceeding $574.9k. According to its latest 990-PF filing, it distributed $242.3k in grants, offering a median grant amount of $0. The largest single grant issued was $0. Its funding primarily supports organizations engaged in Philanthropy, with additional interests in areas like Voluntarism & Grantmaking Foundations and more. Although headquartered in VIRGINIA BEACH, VA, the foundation's reach may extend to nonprofits across the U.S. and Canada. For complete grant guidelines, application deadlines, and contact details, access is available through a subscription to The Grant Portal.
Foundation Profile
In the tax year 2024, a prominent private foundation based in Virginia Beach has made significant strides in philanthropic efforts, showcasing a commitment to charitable giving and community enhancement. With total assets amounting to $574.9K USD, the foundation has distributed an impressive $242.4K USD in grants, reflecting its dedication to supporting various initiatives that align with its mission.
The foundation primarily focuses on philanthropy, voluntarism, and grantmaking, aiming to foster positive change within communities. Its funding priorities are designed to empower organizations and projects that promote social welfare, community development, and volunteerism. By investing in these areas, the foundation seeks to create lasting impacts and encourage civic engagement among individuals and groups.
Grant opportunities are available for a diverse range of applicants, including nonprofit organizations, community groups, and educational institutions. Eligibility criteria typically require applicants to demonstrate alignment with the foundation’s mission and to provide clear, measurable outcomes for their proposed initiatives. This ensures that funding is directed toward projects that not only meet immediate needs but also contribute to long-term community resilience.
The foundation's total expenditure for the tax year stands at $200.0K USD, highlighting its proactive approach to funding and support. Organizations seeking grants should be prepared to articulate their mission, the specific needs they aim to address, and the potential impact of their work.
By prioritizing transparency and community involvement, the foundation encourages applicants to engage in meaningful dialogue about their projects. This collaborative spirit fosters a supportive environment where innovative ideas can thrive, ultimately benefiting the communities served.
As grant seekers explore funding opportunities, they are encouraged to align their proposals with the foundation's interests, ensuring a strong fit that enhances the likelihood of securing support. With a focus on philanthropy and community-driven initiatives, this foundation continues to play a vital role in shaping a brighter future for those it serves.
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VIRGINIA BEACH, VA
Summary
Assets
$574.9k
Distributions
$242.3kContributions
$200kGrant Median
$Count
0Grant Max
$0
Latest Tax e-Filing
2023Published by IRS
2024People
| # | Name | Title | Hours / Wk | Comp ($) |
|---|---|---|---|---|
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