NonprofitsCav Futures Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Cav Futures Foundation

CHARLOTTESVILLE, VA

Total revenue

$6.7M

Total expenses

$4.5M

Net assets

$5.5M

Grants received

$2.3M

19 grants

EIN

883593504

Tax year

2024

Mission

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.

Financials

FY 2024

Revenue

Contributions & grants$6.4M
Program service revenue
Investment income$286K
Other revenue
Total revenue$6.7M

Expenses

Grants paid$130K
Salaries & benefits$335K
Fundraising$183K
Other expenses$4.0M
Total expenses$4.5M
Total assets$5.5M
Net assets$5.5M

People

4 listed

NameRoleCompensation

LORENZA DAVIS

EXECUTIVE DI

Board

$150K

34 hrs/wk

CLINT BOWES

PRESIDENT

Board

5 hrs/wk

MARK COOKE

SECRETARY

Board

18 hrs/wk

MICHAEL GEISMAR

TREASURER

Board

2 hrs/wk

Independent contractors

TJ POWER

NIL

$385K

ELIJIAH SAUNDERS

NIL

$235K

ISAAC MCKNEELY

NIL

$201K

BLAKE BUCHANAN

NIL

$139K

ELIJIAH GERTRUDE

NIL

$126K

Grants received

Showing 19 of 19

FromAmountPurposeYear
$100K
GENERAL OPERATIONS
2024
$50K
UNRESTRICTED GENERAL
2024
$10K
GENERAL OPERATING SUPPORT
2024
$200K
GENERAL SUPPORT
2023
$175K
SUPPORT 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
2023
$165K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$150K
PUBLIC, SOCIETAL BENEFIT
2023
$100K
GENERAL OPERATIONS
2023
$50K
UNRESTRICTED GENERAL
2023
$10K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2023
$55K
PUBLIC, SOCIETAL BENEFIT
2022
$50K
PUBLIC, SOCIETAL BENEFIT
2022
$50K
GENERAL OPERATIONS
2022
$10K
For grant recipient's exempt purposes
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022

Funded by

$2.3M from 15 funders · 19 grants · 2022–2024

Donor Advised Charitable Giving Inc

$200K · 2 grants · 2022–2023

Commonwealth Foundations

$200K · 1 grant · 2023

The Rimora Foundation

$175K · 1 grant · 2023

Geismar Family Foundation

$150K · 2 grants · 2022–2023

National Philanthropic Trust

$130K · 2 grants · 2022–2023

Moszkowski Family Fdn-Cash

$100K · 2 grants · 2023–2024

Details

EIN883593504
NTEE codeT99
Subsection03
Ruling date2022-11
Formed2022
Employees3
CAV FUTURES FOUNDATION — Mission, Financials & Grants Received | Grantivo