EIN 54-1637620

Virginia Beach Public Schools Education Foundation and Subsidiary

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1991
Most recent tax filings
2022-06-01
Description
Virginia Beach Education Foundation raises private sector support to fund innovative programs, rewards academic excellence, and provides scholarships.
Also known as...
Virginia Beach City Public Schools Education Foundation
Total revenues
$475,885
2022
Total expenses
$347,473
2022
Total assets
$2,932,876
2022
Num. employees
0
2022

Program areas at Virginia Beach Public Schools Education Foundation and Subsidiary

The Foundation awarded 70 grants in the current year. The grants were awarded to Schools for projects that teachers have designed to enhance student achievement. Grants are awarded up to 20,000 each.
The Beach bags program, which provideds shelf-stable food to vbcps students in need of food during weekends and holidays, is a program for which funds are restricted through the vbef. Additional restricted funding designated by donors are also made to vbef to benefit vbcps students.
The Virginia Beach Education Foundation (vbef) manges a few restricted funds for the purpose of awarding scholarships to graduating seniors in Virginia Beach city Public Schools (vbcps). There are a few scholarships available to vbcps teachers, as well, through vbef. In the current year 9 scholarships were awarded.

Who funds Virginia Beach Public Schools Education Foundation and Subsidiary

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Bayport FoundationAct Grant Year 1 of 3$250,000
United Way of South Hampton RoadsGrants Awarded$15,000
VB Home NowProvide Meals To Homeless and Needy School Students. See Part Iii 4 for Further Description.$14,000
...and 1 more grant received

Personnel at Virginia Beach Public Schools Education Foundation and Subsidiary

NameTitleCompensation
Nelson AdcockEmeritus / Immediated Past - President$0
Kevin HillPresident$0
Monica CurrySecretary$0
Will MoralezPresident$0
John MazachTreasurer$0
...and 7 more key personnel

Financials for Virginia Beach Public Schools Education Foundation and Subsidiary

RevenuesFYE 06/2022
Total grants, contributions, etc.$298,614
Program services$0
Investment income and dividends$41,004
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$191,528
Net income from fundraising events$-55,261
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$475,885

Form 990s for Virginia Beach Public Schools Education Foundation and Subsidiary

Fiscal year endingDate received by IRSFormPDF link
2022-062023-03-24990View PDF
2020-062021-05-05990View PDF
2019-062020-11-25990View PDF
2018-062019-05-14990View PDF
2017-062018-04-10990View PDF
...and 7 more Form 990s
Data update history
May 24, 2023
Updated personnel
Identified 2 new personnel
May 12, 2023
Received grants
Identified 1 new grant, including a grant for $14,000 from VB Home Now
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 2, 2021
Posted financials
Added Form 990 for fiscal year 2020
June 26, 2021
Updated personnel
Identified 8 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
641 Carriage Hill Rd
Virginia Beach, VA 23452
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
Website URL
vbef.org/ 
Phone
(757) 263-1069
IRS details
EIN
54-1637620
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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