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Virginia Education Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 364893011 ✦ Madison, VA ✦ Designated as a 501(c)(3)

Overview

What is Virginia Education Foundation?

The Virginia Education Foundation, situated in Madison, Virginia, is a nonprofit organization with a commendable mission. Established at 1564 West Hoover Road, this foundation primarily focuses on enhancing literacy and promoting school success among low-income children and youth, as well as students with disabilities, within Virginia's public school systems. To achieve this goal, the foundation provides grants to eligible Title I schools and organizations across Virginia, thereby contributing to their educational needs and efforts. These grants aim to foster grade-level reading competence, ultimately benefiting countless individuals in need.


Is Virginia Education Foundation legitimate?

Virginia Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $100,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Virginia Education Foundation?
Who is the CEO of Virginia Education Foundation?
What is the revenue of Virginia Education Foundation?
Who are the executives of Virginia Education Foundation and what are their salaries?
Where can I find the form 990 for Virginia Education Foundation?

Mission Statement of Virginia Education Foundation

The Virginia Education Foundation, a nonprofit organization, is dedicated to promoting literacy, fostering grade-level reading, and ensuring school success. It accomplishes this mission by providing grants to Title I public schools and organizations within Virginia that cater to the educational needs of low-income children, youth, and students with disabilities. By offering these financial resources, the Virginia Education Foundation plays a crucial role in enhancing the learning environment and opportunities for these vulnerable student populations. As a result, the foundation contributes to the betterment of Virginia's education system by equipping schools and organizations with the necessary resources to support the academic growth and success of their students.

Impact

This information is meant to be a general summary of Virginia Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Virginia Education Foundation's impact is significant in promoting literacy, grade level reading, and school success among low-income children, youth, and students with disabilities in Virginia. By providing grants to Title I public schools and organizations in the state, VEF has facilitated the distribution of new books to many thousands of students in need. This support has played a crucial role in enhancing educational opportunities and outcomes for vulnerable populations, ultimately contributing to a more inclusive and equitable education system in Virginia.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $17,126
  • Program Service Revenue: $0
  • Gross Receipts: $2,544,060

    • Assets and Liabilities:
  • Total Assets: $2,007,859
  • Total Liabilities: $500,000
  • Net Assets: $1,507,859
  • Organization Details

    Founding Year

    2018

    Principal Officer

    George Beker

    Main Address

    1564 West Hoover Road, Madison, VA, 22727

    NTEE Category

    Code: B12 - Education

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