NonprofitsVba Education Foundation

Public Foundations

Vba Education Foundation

GLEN ALLEN, VA

Total revenue

$195K

Total expenses

$189K

Net assets

$2.1M

Grants received

$33K

9 grants

EIN

204943021

Tax year

2024

Mission

It is the mission of the vba education foundation to advance personal financial literacy across the commonwealth of virginia.

Programs

2 programs

Vba bank day scholarship program: virginia high school seniors learn about banking, financial services, career opportunities in the indsutry and the vital role banks play in their communities on the third tuesday in march, which has been declared bank day in virginia. 13 scholarships are awarded based on essays that the students write about their experience. The foundation manages this program and distributes the scholarhips.

Expenses: $26KGrants: $26K

Virginia bank fellows program: the foundation supports this program by providing scholarships and additional educational and leadership training opportunities for underserved students in the community college system.

Expenses: $110KGrants: $110K

Financials

FY 2024

Revenue

Contributions & grants$105K
Program service revenue
Investment income$90K
Other revenue
Total revenue$195K

Expenses

Grants paid$176K
Salaries & benefits
Fundraising
Other expenses$13K
Total expenses$189K
Total assets$2.1M
Net assets$2.1M

People

18 listed

NameRoleCompensation

GARY R SHOOK

CHAIRMAN

Board

1 hrs/wk

BRUCE T WHITEHURST

PRESIDENT

Board

1 hrs/wk

WALTER C AYERS

DIRECTOR EMIRITUS

Board

1 hrs/wk

NATHALIA D ARTUS

BOARD MEMBER

Board

1 hrs/wk

T PATRICK COLLINS

BOARD MEMBER

Board

1 hrs/wk

TIMOTHY M DUFFEE

BOARD MEMBER

Board

1 hrs/wk

JEFFREY V HALEY

BOARD MEMBER

Board

1 hrs/wk

LETON L HARDING JR

BOARD MEMBER

Board

1 hrs/wk

SCOTT C HARVARD

BOARD MEMBER

Board

1 hrs/wk

JENNIFER W KNIGHTING

BOARD MEMBER

Board

1 hrs/wk

BRANDON C LOREY

BOARD MEMBER

Board

1 hrs/wk

THOMAS L RASEY JR

BOARD MEMBER

Board

1 hrs/wk

JEFFREY M SZYPERSKI

BOARD MEMBER

Board

1 hrs/wk

LITZ H VAN DYKE

BOARD MEMBER

Board

1 hrs/wk

DOROTHY M WELCH

BOARD MEMBER

Board

1 hrs/wk

STEVEN C YEAKEL

BOARD MEMBER

Board

1 hrs/wk

STACY PUCKETT

TREASURER

Board

1 hrs/wk

MONICA MCDEARMON

SECRETARY

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$5K
PROGRAM/OPERATING SUPPORT
2023
$10K
2022-23 BANK FELLOWS PROGRAM
2022
$5K
PROGRAM/OPERATING SUPPORT
2022
$2K
2022 ANNUAL FUND CAMPAIGN; MISSION TO IMPROVE PERSONAL FINANCIAL LITERACY AND ECONOMIC EDUCATION IN ALL PUBLIC AND PRIVATE SCHOOLS IN VA
2022
$7K
For recipient's exempt purpose
2021
$2K
ANNUAL FUNDING CAMPAIGN
2021
$1K
PROGRAM/OPERATING SUPPORT
2018

Funded by

$33K from 3 funders · 9 grants · 2018–2023

The Bank Of Clarke County Foundation

$14K · 3 grants · 2021–2022

The Bank of America Charitable Foundation Inc

$12K · 5 grants · 2018–2023

Details

EIN204943021
NTEE codeT30
Subsection03
Ruling date2007-06
Formed2006
Employees0
Volunteers0
VBA EDUCATION FOUNDATION — Mission, Financials & Grants Received | Grantivo