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EIN 81-0924377

Payne Family Charitable Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Virginia Beach
State
Virginia
Year formed
2017
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Payne Family Charitable Foundation is a private foundation located in Virginia Beach, VA. Its purpose is to primarily fund education for students and to preserve and perpetuate the unique culture and history of Virginia's barrier islands, as well as to provide medical emergency assistance. It funds its purpose through other investment income and made 20 grants last year to grantees such as Eastern Shore Rural Health System and others.
Total revenues
$65,165
2023
Total expenses
$53,352
2023
Total assets
$1,602,686
2023
Num. employees
0
2023

Program areas at Payne Family Charitable Foundation

Other investment income

Grants made by Payne Family Charitable Foundation

GranteeGrant descriptionAmount
The Norfolk AcademyProvide Education To Students.$10,000
Hampden Sydney College (H-SC)Provide Education To Men at the College.$5,000
Eastern Shore Community College FoundationTo Enrich the Lives of the People of Virginia's Eastern Shore.$5,000
...and 8 more grants made

Personnel at Payne Family Charitable Foundation

NameTitleCompensation
Matthew W PayneDirector$0

Financials for Payne Family Charitable Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$35,303
Net rental income$0
Net gain from sale of non-inventory assets$27,584
Gross sales of inventory$0
Miscellaneous revenues$2,278
Total revenues$65,165

Form 990s for Payne Family Charitable Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-18990PFView PDF
2022-122023-11-01990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-14990PFView PDF
...and 4 more Form 990s
Data update history
December 4, 2024
Posted financials
Added Form 990PF for fiscal year 2023
December 30, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 30, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 23, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
200 Bendix Rd 300
Virginia Beach, VA 23452
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Virginia Beach city, VA
Phone
(757) 985-3301
IRS details
EIN
81-0924377
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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