Virginia scholarship organizations

Name: Top 20 Scholarship organizations in Virginia
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

There are 720scholarship and financial aid organizations in Virginia. Combined, these Virginianscholarship organizationsemploy 530 people, earn more than $639 million in revenue each year, and have assets of $17 billion.

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List of Virginia scholarship organizations
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Employment
Revenues

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Scholarship organizations by major Virginia cities

Metro area	Nonprofits	Employees	Revenues	Assets
Washington DC	316	156	$83,279,123	$567,613,555
Virginia Beach	145	62	$14,762,351	$107,245,460
Richmond	103	90	$7,482,765	$76,648,623
Roanoke	35	2	$584,561	$2,660,707
Charlottesville	25	201	$495,561,629	$15,445,951,639
Lynchburg	11	0	$135,313	$1,397,276
Blacksburg	9	0	$4,564,006	$29,131,248
Harrisonburg	8	13	$22,648,124	$215,872,939
Kingsport, TN	6	0	$141,963	$897,246
Winchester	4	1	$339,028	$2,173,716

Showing 10 of 11metros

Job trends for Virginia scholarship organizations

Employees per organization	Number of organizations
0	122
1-10	22
11-25	6
26-100	6
101 to 1,000	0
1,000+	0

Key takeaways for employment stats:

Employment in Virginia scholarship organizations is driven by large organizations like Great Aspirations Scholarship Program (GRASP), University Of Virginia Darden School Foundation, University of Virginia Investment Management Company (UVIMCO), Access College Foundation, and Marine Corps Scholarship Foundation.

Sizes of scholarship organizations in Virginia

Revenues per organization	Number of organizations
< $250k	190
$250k to $1M	33
$1M to $5M	18
$5M to $25M	6
$25M to $100M	1
$100M+	2

Key takeaways for revenue stats:

Large organizations like University of Virginia Investment Management Company (UVIMCO), University Of Virginia Darden School Foundation, Jefferson Scholars Foundation, Marine Corps Scholarship Foundation, and James Madison University Foundation earn the majority of revenues among nonprofits in Virginia scholarship organizations.
Organizations with less than $1 million in revenue account for 4.5% of combined nonprofit revenues, whereas organizations in Virginia scholarship organizations with more than $100 million account for 71.4% of nonprofit earnings.

Directory of scholarship organizations in Virginia

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1-20 of 720

Cia Officers Memorial Foundation

The CIA Officers Memorial Foundation provides financial assistance and scholarships to families of officers who died while on active duty.

Revenue

$11.7m

Assets

$53.6m

Employees

EIN

52-2360463

IRS type

501(c)(3)

Marine Corps Scholarship Foundation

The Marine Corps Scholarship Foundation provides scholarships to the children of Marines and Navy Corpsmen who attend post-high school, undergraduate, and career technical education programs. Edward Probert JR runs the foundation from Alexandria, VA.

Revenue

$22.4m

Assets

$161.0m

Employees

EIN

22-1905062

IRS type

501(c)(3)

Children of Fallen Patriots Foundation

The mission of Children of Fallen Patriots Foundation is to provide college scholarships and educational counseling to military children who have lost a parent in the line of duty. Their vision is that every such child can have a college education.

Revenue

$12.4m

Assets

$16.3m

Employees

EIN

47-0902295

IRS type

501(c)(3)

University Of Virginia Darden School Foundation

The University of Virginia Darden School Foundation is a charity that manages financial resources for the exclusive benefit of the Darden School.

Revenue

$100.8m

Assets

$777.4m

Employees

EIN

54-6046419

IRS type

501(c)(3)

Virginia State University Foundation

The Virginia State University Foundation manages donations to enhance the university, including scholarship, band, academic, and mission support programs.

Revenue

$5.2m

Assets

$36.7m

Employees

EIN

54-6074532

IRS type

501(c)(3)

Access College Foundation

Access College Foundation helps public high school students in Hampton Roads go to college through advisory services and postsecondary education planning.

Revenue

$8.1m

Assets

$68.7m

Employees

EIN

54-1440734

IRS type

501(c)(3)

University of Virginia Investment Management Company (UVIMCO)

The University of Virginia Investment Management Company (UVIMCO) provides investment management services to the Rector and Visitors of the University of Virginia and to the University's related foundations.

Revenue

$355.3m

Assets

$13.9b

Employees

EIN

56-2462804

IRS type

501(c)(3)

James Madison University Foundation

JMU Foundation sustains and grows financial support by providing investment policy, stewardship, and innovative giving avenues. Supports intercollegiate sports programs.

Revenue

$21.6m

Assets

$214.4m

Employees

EIN

23-7156305

IRS type

501(c)(3)

Jefferson Scholars Foundation

The Jefferson Scholars Foundation provides merit-based scholarships, fellowships, and professorships to exceptional individuals at the University of Virginia.

Revenue

$33.5m

Assets

$764.7m

Employees

EIN

31-1755873

IRS type

501(c)(3)

Loudoun Education Foundation

Invests community resources in educational projects, grants, and scholarships for students, teachers, and administrators of Loudoun County Public Schools.

Revenue

$2.6m

Assets

$2.6m

Employees

EIN

54-1603768

IRS type

501(c)(3)

Germanna Community College Educational Foundation

Fundraising for Germanna Community College programs, including scholarships, to support the growth and progress of the college and its students.

Revenue

$3.7m

Assets

$15.4m

Employees

EIN

54-1379348

IRS type

501(c)(3)

Military Officers Association of America Scholarship Fund (MOAA)

The Military Officers Association of America is a non-profit that advocates for the entire military community. Stay connected with our legis & advocacy efforts.

Revenue

$4.2m

Assets

$164.2m

Employees

EIN

54-1659039

IRS type

501(c)(3)

Great Aspirations Scholarship Program (GRASP)

GRASP helps financially disadvantaged students access education by providing resources, scholarships, counseling and tax incentives in Virginia.

Revenue

$2.3m

Assets

$5.0m

Employees

EIN

52-1277427

IRS type

501(c)(3)

Ron Brown Scholar Fund

The Ron Brown Scholar Fund accelerates the progress of African Americans into the mainstream of leadership in a variety of fields and instills a strong dedication to leadership through scholarship grants.

Revenue

$3.6m

Assets

$20.9m

Employees

EIN

54-1832314

IRS type

501(c)(3)

National Scholarship Providers Association

NSPA supports scholarship providers with professional development, best practice resources, and a scholarship database to transform higher education.

Revenue

$2.0m

Assets

$1.3m

Employees

EIN

36-4280502

IRS type

501(c)(3)

Special Operations Fund - A

Provides benefits for families of fallen and severely wounded Special Operations soldiers, including education assistance and financial support.

Revenue

$1.9m

Assets

$11.7m

Employees

EIN

52-1765222

IRS type

501(c)(3)

Fbi Agents Association Memorial College Fund

Scholarships for qualified children and spouses of fallen or retired FBI agents to ease the financial burden of college education.

Revenue

$1.5m

Assets

$15.5m

Employees

EIN

13-3351127

IRS type

501(c)(3)

Better Future Forward

Better Future Forward provides community funds to help students with limited financial means access and complete high-quality postsecondary education.

Revenue

$1.0m

Assets

$3.4m

Employees

EIN

81-4772781

IRS type

501(c)(3)

Wakefield High School Education Foundation

The Wakefield Education Foundation awards scholarships to high school graduates in Arlington, VA through fundraising efforts.

Revenue

$922.1k

Assets

$1.4m

Employees

EIN

54-1451475

IRS type

501(c)(3)

The Korean American Scholarship Foundation

Financially assists Korean American students in pursuing academic and personal achievements while also promoting cultural heritage and leadership development.

Revenue

$1.4m

Assets

$5.6m

Employees

EIN

23-7151484

IRS type

501(c)(3)

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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.

This category corresponds to the "B82: Scholarships, Student Financial Aid Services" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.

Virginia scholarship organizations

Scholarship organizations by major Virginia cities

Job trends for Virginia scholarship organizations

Sizes of scholarship organizations in Virginia

Directory of scholarship organizations in Virginia

Cia Officers Memorial Foundation

Marine Corps Scholarship Foundation

Children of Fallen Patriots Foundation

University Of Virginia Darden School Foundation

Virginia State University Foundation

Access College Foundation

University of Virginia Investment Management Company (UVIMCO)

James Madison University Foundation

Jefferson Scholars Foundation

Loudoun Education Foundation

Germanna Community College Educational Foundation

Military Officers Association of America Scholarship Fund (MOAA)

Great Aspirations Scholarship Program (GRASP)

Ron Brown Scholar Fund

National Scholarship Providers Association

Special Operations Fund - A

Fbi Agents Association Memorial College Fund

Better Future Forward

Wakefield High School Education Foundation

The Korean American Scholarship Foundation

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