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EIN 88-3593504

Cav Futures Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Charlottesville
State
Virginia
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
Description
The Cav Futures Foundation conducts charitable and educational activities, providing grants and support to nonprofit organizations in the Virginia, Maryland, and DC Metropolitan Areas, with a focus on Charlottesville, VA. The foundation educates and empowers collegiate athletes to leverage their personal brands for charitable causes while building a strong network of student athletes and alumni to enhance career development pathways and practical life skills.
Total revenues
$5,139,300
2023
Total expenses
$1,487,079
2023
Total assets
$3,411,410
2023
Num. employees
3
2023

Program areas at Cav Futures Foundation

To conduct charitable and educational activities, including, without limitation, providing grants and other support to nonprofit organizations in and beyond the Virginia, Maryland, and dc metropolitan areas, specifically including charlottesville, va; educating and empowering collegiate athletes to use their personal brands in support of charitable organizations and causes; and building out a strong network of student athletes and alumni to support career development pathways and other practical life skills programs.

Who funds Cav Futures Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Oakwood Foundation Charitable TrustGeneral Fund$1,000,000
Commonwealth FoundationsGeneral Support$200,000
The Rimora FoundationSupport Educational Programming Related To Personal Growth and Development, Mental Health Advocacy, Financial Literacy, Personal and Professional Branding, and More for Student Athletes at the University of Virginia$175,000
...and 6 more grants received

Personnel at Cav Futures Foundation

NameTitle
Lo DavisPresident

Financials for Cav Futures Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,897,198
Program services$0
Investment income and dividends$10,211
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$231,891
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$5,139,300

Form 990s for Cav Futures Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF

Organizations like Cav Futures Foundation

OrganizationLocationRevenue
John Randolph Foundation Support FundHopewell, VA$1,627,077
Fundacion Luis Munoz Marin (FLMM)San Juan, PR$1,784,692
Health Foundation of South Florida (HFSF)Miami, FL$5,443,547
Hebron FundBrooklyn, NY$4,172,722
The GatheringSan Mateo, CA$1,812,542
Cinelli Family FoundationLawrence, KS$13,752,382
The Richman FoundationBaltimore, MD$9,933,546
Community Shares of ColoradoDenver, CO$2,163,028
Rooted PhilanthropicSaint Paul, MN$8,296,801
Steele Foundation for HopeNashua, NH$4,958,109
Data update history
January 14, 2025
Used new vendors
Identified 3 new vendors, including , , and
January 4, 2025
Received grants
Identified 4 new grant, including a grant for $200,000 from Commonwealth Foundations
July 8, 2024
Received grants
Identified 1 new grant, including a grant for $1,000,000 from Oakwood Foundation Charitable Trust
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from Geismar Family Foundation
December 5, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsCharities
Issues
No issues found
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
Address
240 W Main St
Charlottesville, VA 22902
Metro area
Charlottesville, VA
County
Charlottesville city, VA
Website URL
cavscare.org/ 
Phone
(434) 999-8821
IRS details
EIN
88-3593504
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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