EIN 54-2027915

Virginia Institute of Marine Science Foundation

Name: Virginia Institute of Marine Science Foundation financials for 2022
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Gloucester Point

State

Virginia

Year formed

2000

Most recent tax filings

2022-06-01

NTEE code, primary

U00: Science and Technology Research: General

Description

The vims foundation promotes philanthropy for the Virginia Institute of Marine Science and provides stewardship of those resources to support vims' mission of research, education and advisory service and to strengthen the Institute's position as the preeminent leader in coastal and estuarine Marine Science for Virginia and the world. Promotes philanthropy for the Virginia Institute of Marine Science & provides stewardship of those resources to support VIMS' mission of research, education and advisory service.

Total revenues

$3,118,091

2022

Total expenses

$1,437,816

2022

Total assets

$18,675,343

2022

Num. employees

2022

Program areas at Virginia Institute of Marine Science Foundation

Support for the Virginia Institute of Marine Science in pursuit of its mission of research, education and advisory services

Who funds Virginia Institute of Marine Science Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
New Jersey Sea Grant Consortium	2022-09	Research Project	$182,733
Chesapeake Research Consortium	2022-06	Assist in Scientific Research	$32,707
Fidelity Investments Charitable Gift Fund	2022-06	For Grant Recipient's Exempt Purposes	$30,000
...and 8 more grants received

Personnel at Virginia Institute of Marine Science Foundation

Name	Title	Compensation	Date of data
Linda Rudy	Chief Financial Officer	$0	2023-05-02
Amy Fisher	Executive Director - Former	$0	2022-06-30
Marise Robbins-Forbes	Executive Director	$0	2022-06-30
Betty Barrack	Director of Financial Operations	$0	2022-06-30
Henry R Hortenstine	Treasurer	$0	2022-06-30
...and 10 more key personnel

Financials for Virginia Institute of Marine Science Foundation

Revenues	FYE 06/2022	FYE 06/2021	% Change
Total grants, contributions, etc.	$2,158,709	$1,247,994	73%
Program services	$0	$0	-
Investment income and dividends	$959,651	$232,342	313%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$-269	$-350	23.1%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$3,118,091	$1,479,986	110.7%

Form 990s for Virginia Institute of Marine Science Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2022-06	2023-05-02	990	View PDF
2021-06	2023-01-26	990	View PDF
2021-06	2022-05-13	990	View PDF
2020-06	2021-05-25	990	View PDF
2019-06	2020-12-29	990	View PDF
...and 9 more Form 990s

Organizations like Virginia Institute of Marine Science Foundation

Organization	Type	Location	Revenue
Asm Materials Education Foundation	501(c)(3)	Materials Park, OH	$1,406,023
MCNC Endowment	501(c)(3)	Research Triangle Park, NC	$10,714,490
AWS Foundation	501(c)(3)	Miami, FL	$9,544,699
Harbor Branch Oceanographic Institution Foundation (HBOIF)	501(c)(3)	Vero Beach, FL	$7,288,557
American Association of Petroleum Geologists Foundation	501(c)(3)	Tulsa, OK	$5,505,100
Institute of Health and Environmental Research Incorporated	501(c)(3)	Columbus, OH	$1,341,904
Arizona State University Research Park	501(c)(3)	Scottsdale, AZ	$14,247,808
Oak Ridge Foundation	501(c)(3)	Oak Ridge, TN	$1,403,051
The W Edwards Deming Institute	501(c)(3)	Ketchum, ID	$1,023,769
The ASME Foundation	501(c)(3)	New York, NY	$6,696,684

Data update history

April 28, 2024

Used new vendors

Identified 1 new vendor, including

December 31, 2023

Received grants

Identified 4 new grant, including a grant for $25,000 from Dominion Energy Charitable Foundation

July 6, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 29, 2023

Updated personnel

Identified 5 new personnel

June 27, 2023

Received grants

Identified 7 new grant, including a grant for $182,733 from New Jersey Sea Grant Consortium

Nonprofit Types

Grantmaking organizationsResearch centersCharities

Issues

Science and technologyEducation

Characteristics

Provides grantsConducts researchState / local levelEndowed supportTax deductible donationsNo full-time employees

General information

Address: PO Box 1346; Gloucester Point, VA 23062
Metro area: Virginia Beach-Norfolk-Newport News, VA-NC
County: Gloucester County, VA
Website URL: vims.edu/
Phone: (804) 684-7107

IRS details

EIN: 54-2027915
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 2000
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: U00: Science and Technology Research: General
NAICS code, primary: 813211: Grantmaking Foundations
Parent/child status: Independent

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Virginia Institute of Marine Science Foundation

Program areas at Virginia Institute of Marine Science Foundation

Who funds Virginia Institute of Marine Science Foundation

Personnel at Virginia Institute of Marine Science Foundation

Financials for Virginia Institute of Marine Science Foundation

Form 990s for Virginia Institute of Marine Science Foundation

Organizations like Virginia Institute of Marine Science Foundation

Nonprofits

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