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EIN 52-1297129

Vai Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Alexandria
State
Virginia
Year formed
1983
Most recent tax filings
2023-06-01
NTEE code, primary
S41: Promotion of Business
Description
The HAI Foundation promotes helicopter safety and education while preserving historical data relating to the helicopter. The foundation offers an array of scholarships to address the need for qualified helicopter pilots and maintenance technicians and provides further training for safety managers and other professionals in the safety field.
Related structure
Vai Foundation is a subordinate organization under Vertical Aviation International (HAI).
Also known as...
Helicopter Foundation International
Total revenues
$607,742
2023
Total expenses
$390
2023
Total assets
$42,932
2023
Num. employees
0
2023

Program areas at Vai Foundation

Scholarships: the Foundation offers an array of scholarships to answer the need for both qualified helicopter pilots and maintenance technicians, and to provide further training for safety managers and other professionals in the safety field.

Who funds Vai Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vertical Aviation International (HAI)Cancellation of Debt$607,742

Personnel at Vai Foundation

NameTitleCompensation
James A ViolaPresident and Chief Executive Officer$0
Jeffery SmithVice Chair / Treasurer / Director$0
Randal R RowlesVice Chair / Director$0
Roxanne R FoxChief of Staff / Vice President of Human Resources and Assistant Corporate Secretary / Vice President of Human Resources and Assis Corporate Sec.$0
B Adam HammondAssistant Treasurer / Director$0
...and 12 more key personnel

Financials for Vai Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$607,742
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$607,742

Form 990s for Vai Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-12990View PDF
2021-062022-05-10990View PDF
2020-062021-05-11990View PDF
2019-062021-12-09990View PDF
...and 9 more Form 990s
Data update history
July 10, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 1, 2023
Updated personnel
Identified 2 new personnel
June 29, 2023
Used new vendors
Identified 1 new vendor, including
May 24, 2023
Updated personnel
Identified 5 new personnel
February 4, 2023
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Grantmaking organizationsBusiness and community development organizationsChapter / child organizationsCharities
Issues
EducationBusiness and industry
Characteristics
Operates donor advised fundsState / local levelProvides scholarshipsAuction fundraisersFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1920 Ballenger Ave
Alexandria, VA 22314
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Alexandria city, VA
Website URL
vaifoundation.org/ 
Phone
(703) 683-4646
IRS details
EIN
52-1297129
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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