NonprofitsVirginia Foundation For Community College Education

Virginia Foundation For Community College Education

N CHESTERFLD, VA

Total revenue

$5.2M

Total expenses

$5.7M

Net assets

$15.1M

Grants received

$7.2M

71 grants

EIN

237004354

Tax year

2023

Mission

To provide access to education & ensure success for all students, regardless of background.

Programs

2 programs

The great expectations program helps young people who have navigated the foster care system complete high school, gain access and succeed in college, and transition successfully to living independently. Since the program began 16 years ago, 4,856 students have participated and 1,062 have earned a degree, credential, or certificate.great expectations students have almost tripled the average college graduation rate for foster youth, with 22% of ge students obtaining a college credential compared to only 8% who graduate nationally.

Expenses: $773KGrants: $693K

The rural virginia horseshoe initiative (rvhi), established in 2014, has been renamed to the gerald l. Baliles rural virginia horseshoe initiative award continuing the mission to raise educational attainment levels for students in rural virginia. Rvhi provides career coaches in rural high schools to encourage high school and college completion and offers financial incentives and to assist adult learners return to higher education and training.fourteen rural community colleges participate in the program. The program has two 10-year goals. One is to reduce the number of residents of the rural horseshoe region that have not earned a high school diploma by half, from 20% to 10%. Since 2012, that metric has lowered to 11.9%. The other is to double the population in the rural horseshoe with an associate degree or career certification. In 2012, that percentage was 26%. As of this report, that metric is up to 53.9%.since the program's inception, 91,546 students were served by 28 high school career coaches, either on a one-to-one basis, or in small groups. Thanks to engaged donors, the vfcce provides match funding that is leveraged by local college foundations to support the program.

Expenses: $671KGrants: $671K

Financials

FY 2023

Revenue

Contributions & grants$4.2M
Program service revenue
Investment income$1.0M
Other revenue
Total revenue$5.2M

Expenses

Grants paid$3.8M
Salaries & benefits$935K
Fundraising$532K
Other expenses$982K
Total expenses$5.7M
Total assets$17.1M
Net assets$15.1M

People

25 listed

NameRoleCompensation

GAYE MONTGOMERY

DIRECTOR

Board

1 hrs/wk

ANNA JAMES

TREASURER

Board

1.5 hrs/wk

BEN DAVENPORT JR

BOARD CHAIR

Board

1.5 hrs/wk

CAROLINE PETTERS SAUER

DIRECTOR

Board

1 hrs/wk

CEDRIC GREEN

SECRETARY

Board

1.5 hrs/wk

CHRIS FRENCH

DIRECTOR

Board

1 hrs/wk

DAVID DORE

DIRECTOR

Board

1 hrs/wk

DARREN CONNER

DIRECTOR

Board

1 hrs/wk

FRED THOMPSON

DIRECTOR

Board

1 hrs/wk

WILLIAM HAZEL JR

DIRECTOR

Board

1 hrs/wk

ED DALRYMPLE

DIRECTOR

Board

1 hrs/wk

SALLY CALDWELL

DIRECTOR

Board

1 hrs/wk

AMY HENECKE

DIRECTOR

Board

1 hrs/wk

JENNIE REYNOLDS

DIRECTOR

Board

1 hrs/wk

JENNIFER SAGER GENTRY

DIRECTOR; EXECUTIVE DIRECT

Board

35 hrs/wk

JOHN J RAINONE

DIRECTOR

Board

1 hrs/wk

JULIA GILLIAM STERLING

DIRECTOR

Board

1 hrs/wk

JUSTIN BALLARD

DIRECTOR

Board

1 hrs/wk

LEAH FRIED SEDWICK

DIRECTOR

Board

1 hrs/wk

MARY MORRIS

DIRECTOR

Board

1 hrs/wk

MAURICE JONES

DIRECTOR

Board

1 hrs/wk

PHILIP H GOODPASTURE GENERAL COUNSE

DIRECTOR

Board

1 hrs/wk

RONALD H HOLMES

DIRECTOR

Board

1 hrs/wk

MICHAEL O'KANE

DIRECTOR

Board

1 hrs/wk

XAVIER BEALE

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 71 of 71

FromAmountPurposeYear
$475K
To support student parents
2024
$255K
2022-2023 SCHOLARS PROGRAM AWARD
2024
$150K
GENERAL SUPPORT
2024
$127K
PHF FELLOWS PROGRAM
2024
$125K
GENERAL CHARITABLE PURPOSES
2024
$110K
FUNDING SCHOLARSHIPS FOR UNDERSERVED STUDENTS IN THE COMMUNITY COLLEGE SYSTEM
2024
$50K
1 grant(s) for varying purposes
2024
$25K
TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION
2024
$10K
PARTNERS IN EDUCATION-19TH ANNUAL PHILANTHROPY LUNCHEON
2024
$200K
GENERAL SUPPORT
2023
$130K
FUNDING SCHOLARSHIPS FOR UNDERSERVED STUDENTS IN THE COMMUNITY COLLEGE SYSTEM
2023
$125K
PHF FELLOWS PROGRAM
2023
$125K
GENERAL CHARITABLE PURPOSES
2023
$75K
2022-2023 SCHOLARS PROGRAM AWARD
2023
$25K
IN MEMORY OF RICHARD S. REYNOLDS III
2023
$25K
TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION
2023
$10K
CHANCELLOR'S AWARD FOR LEADERSHIP IN PHILANTHROPY
2023
$8K
Event Sponsorship
2023
$583K
CAREER READINESS
2022
$250K
GENERAL SUPPORT
2022
$250K
BUILD TECHNOLOGY INFRASTRUCTURE AND DIGITAL ASSETS
2022
$225K
COLLEGE ATTAINMENT FOR PARENT STUDENTS
2022
$130K
FUNDING SCHOLARSHIPS FOR UNDERSERVED STUDENTS IN THE COMMUNITY COLLEGE SYSTEM
2022
$125K
GENERAL CHARITABLE PURPOSES
2022
$120K
COLLEGE ATTAINMENT FOR PARENT STUDENTS
2022
$100K
EDUCATIONAL SUCCESS
2022
$75K
COLLEGE ATTAINMENT FOR PARENT STUDENTS
2022
$30K
UNRESTRICTED GENERAL
2022
$10K
BUILDING ON A LEGACY OF SUCCESS
2022
$10K
BAMA WORKS 2022 GRANT
2022
$1K
GENERAL USE
2022
$100
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2022
$200K
GENERAL SUPPORT
2021
$125K
PHF FELLOWS PROGRAM
2021
$30K
UNRESTRICTED GENERAL
2021
$200K
GENERAL SUPPORT
2020
$150K
SUPPORTING MILITARY-CONNECTED STUDENTS AT VIRGINIAS COMMUNITY COLLEGES
2020
$125K
PHF FELLOWS PROGRAM
2020
$120K
FUNDING FOR SUPPORT OF GREAT EXPECTATIONS PROGRAM
2020
$110K
GENERAL CHARITABLE PURPOSES
2020
$38K
PHF FELLOWS PROGRAM
2020
$21K
GENERAL PURPOSES
2020
$10K
General Support
2020
$10K
GENERAL SUPPORT
2020
$8K
GENERAL OPERATING SUPPORT
2020
$5K
ASSISTANCE FOR EDUCATIONAL PROGRAMS
2020
$125K
POTOMAC HEALTH FOUNDATION FELLOWS PROGRAM
2019
$60K
COMMUNITY & HUMAN SERVICES
2019
$15K
FUNDING FOR SUPPORT OF GREAT EXPECTATIONS PROGRAM
2019
$10K
GENERAL OPERATING SUPPORT/ PROGRAMMATIC SUPPORT
2019
$200K
VFCCE UNRESTRICTED ENDOWED FUND AND VFCCE UNRESTRICTED FUND
2018
$115K
GENERAL CHARITABLE PURPOSES
2017
$88K
POTOMAC HEALTH FOUNDATION FELLOWS PROGRAM
2017
$50K
POTOMAC HEALTH FOUNDATION FELLOWS PROGRAM
2017
$13K
General Support building
2017

Funded by

$7.2M from 31 funders · 71 grants · 2017–2024

Petters Family Foundation

$1.1M · 5 grants · 2018–2023

The Richard & Leslie Gilliam Foundation

$877K · 4 grants · 2020–2023

Potomac Health Foundation

$802K · 8 grants · 2017–2024

Ecmc Foundation

$743K · 3 grants · 2020–2024

Sentara Health

$630K · 4 grants · 2022–2024

The Neall Family Charitable Foundation

$600K · 5 grants · 2017–2024

Imaginable Futures Foundation

$475K · 1 grant · 2024

Vba Education Foundation

$370K · 3 grants · 2022–2024

Details

EIN237004354
Subsection03
Ruling date1975-12
Formed1969
Employees0
Volunteers25
VIRGINIA FOUNDATION FOR COMMUNITY COLLEGE EDUCATION — Mission, Financials & Grants Received | Grantivo