EIN 54-1637620

Virginia Beach Public Schools Education Foundation and Subsidiary

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1991
Most recent tax filings
2023-06-01
Description
Virginia Beach Education Foundation raises private sector support to fund innovative programs, rewards academic excellence, and provides scholarships.
Also known as...
Virginia Beach City Public Schools Education Foundation
Total revenues
$594,620
2023
Total expenses
$736,796
2023
Total assets
$2,952,483
2023
Num. employees
0
2023

Program areas at Virginia Beach Public Schools Education Foundation and Subsidiary

Educational programs - the Foundation awarded 69 grants for inovative projects in the current year. The grants were awarded to Schools for projects that teachers have designed to enhance student achievement. Grants are awarded up to 20,000 each. 5 teacher of the year awards were also granted in the current year.
Student support - the Beach bags program, which provideds shelf-stable food to Virginia Beach Public school students in need of food during weekends and holidays, is a program for which funds are restricted through the Foundation. My friend's closet provides clothing to Virginia Beach Public school students in need. Additional restricted funding designated by donors are also made to benefit Virginia Beach students.
Scholarships - the Virginia Beach Education Foundation (vbef) manges restricted funds for the purpose of awarding scholarships to graduating seniors in Virginia Beach city Public Schools (vbcps). In the current year 10 scholarships were awarded.

Who funds Virginia Beach Public Schools Education Foundation and Subsidiary

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Bayport FoundationAct Grant Year 1 of 3$250,000
VB Home NowTo Provide Meals To Homeless and Needy School Students. See Part Iii 4B for Further Description.$18,000
Lions Charity Foundation of Southeastern VirginiaBeach Bags Project$7,000
...and 5 more grants received

Personnel at Virginia Beach Public Schools Education Foundation and Subsidiary

NameTitleCompensation
Kevin HillPresident$0
John MazachTreasurer$0
Robert BroermannPast President$0
Will MoralezPresident$0
Monica CurrySecretary$0
...and 6 more key personnel

Financials for Virginia Beach Public Schools Education Foundation and Subsidiary

RevenuesFYE 06/2023
Total grants, contributions, etc.$590,605
Program services$0
Investment income and dividends$74,657
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-53,265
Net income from fundraising events$-19,302
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,925
Total revenues$594,620

Form 990s for Virginia Beach Public Schools Education Foundation and Subsidiary

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-01990View PDF
2022-062023-03-24990View PDF
2021-062022-05-09990View PDF
2020-062021-05-05990View PDF
2019-062020-11-25990View PDF
...and 9 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $7,000 from Lions Charity Foundation of Southeastern Virginia
December 31, 2023
Received grants
Identified 7 new grant, including a grant for $250,000 from Bayport Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
641 Carriage Hill Rd
Virginia Beach, VA 23452
Metro area
Virginia Beach-Norfolk-Newport News, VA-NC
County
Virginia Beach city, VA
Website URL
vbef.org/ 
Phone
(757) 263-1069
IRS details
EIN
54-1637620
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1991
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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