Program areas at Virginia Foodshed Capital
Loan fund: the organization's loan fund is designed to make Capital more available and accessible for family farmers and food entrepreneurs. The organization works with borrowers who are disenfranchised from the traditional financial system including low-income/low-asset individuals and families, black and brown families, women and non-binary people, immigrants and indigenous communities, as well as others who have been oppressed by an extractive economy and systemic discrimination. The focus of the organization is on farms and food businesses dedicated to using resilient, regenerative, eco-friendly practices that foster soil health and biodiversity and produce healthy, culturally appropriate food for our local communities.
Training and technical assistance: the organization's consultation services are offered to all small/mid-scale farms and food enterprises in the region, even if they are not borrowing funds. The organization does this one-on-one and through group presentations, seminars, and workshops. For the workshops, the organization often partners with experts who have a particular expertise. Since farmers like to learn from other farmers, the organization strives to find experts who are either farmers themselves or understand the business of farming. For those that are borrowing funds, the organization stays in continual contact with the borrower, assisting them in any way possible to ensure the success of their business and the repayment of the loan.
Grants made by Virginia Foodshed Capital
Who funds Virginia Foodshed Capital
Grants from foundations and other nonprofits
Personnel at Virginia Foodshed Capital
Name | Title | Compensation | Date of data |
---|
Michael Reilly | Executive Director | $95,000 | 2024-03-11 |
Black Farmer | Director | | 2022-11-22 |
Harrison Roday | Chair | $0 | 2023-12-31 |
Darrow Issacman-Vanwertz | Treasurer | $0 | 2023-12-31 |
Tracey Wiley | Secretary | $0 | 2023-12-31 |
...and 2 more key personnel |
Financials for Virginia Foodshed Capital
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $1,553,627 | $1,301,217 | 19.4% |
Program services | $0 | $0 | - |
Investment income and dividends | $25,041 | $11,899 | 110.4% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $-15,488 | $0 | -999% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $1,563,180 | $1,313,116 | 19% |
Organizations like Virginia Foodshed Capital
Organization | Type | Location | Revenue |
---|
Washington Area Community Investment Fund | 501(c)(3) | Washington, DC | $7,616,507 |
Redec Relending Corporation | 501(c)(3) | Painted Post, NY | $393,283 |
Tri-City Peoples Corporation | 501(c)(3) | Newark, NJ | $582,335 |
Providence Revolving Fund | 501(c)(3) | Providence, RI | $938,619 |
Landmarks Community Capital Corporation | 501(c)(3) | Pittsburgh, PA | $1,331,693 |
Success Capital Expansion and Development Corporation | 501(c)(3) | Modesto, CA | $803,770 |
True Access Capital Corporation | 501(c)(3) | Wilmington, DE | $3,143,323 |
Village Capital Corporation | 501(c)(3) | Cleveland, OH | $1,484,314 |
North Philadelphia Financial Partnership Neighborhood Progress Fund | 501(c)(3) | Philadelphia, PA | $1,430,398 |
Boc Capital Corporation | 501(c)(3) | Brooklyn, NY | $5,105,426 |
Data update history
May 27, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 21, 2024
Updated personnel
Identified 5 new personnel
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $20,000 from Hillsdale Fund Nonprofit Types
Business and community development organizationsCharities
Issues
Human servicesCommunity improvementFood and nutritionEconomic developmentVoting rights
Characteristics
State / local levelTax deductible donationsAccepts online donations
General information
- Address
- 101 Devon Rd
- Charlottesville, VA 22903
- Metro area
- Charlottesville, VA
- County
- Albemarle County, VA
- Website URL
- foodcap.org/Â
- Phone
- (434) 409-0053
IRS details
- EIN
- 83-3580290
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2019
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- S31: Urban, Community Economic Development
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Independent
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