Form 990 for tax year 2024
Filed by VIRGINIA HEART COMMUNITY FOUNDATION.
Totals
- Total revenue
- $73,853
- Total expenses
- $61,724
- Contributions and grants received
- $53,524
- Grants paid
- $60,000
- Program service revenue
- $0
- Investment income
- $20,229
- Other revenue
- $100
- Total assets, end of year
- $419,963
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $419,963
- Program services expenses (Part IX)
- $61,724
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $61,724
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$53,524
-
3 · Investment income
total $11,261 · excluded $11,261
-
7a · Gross sales of assets other than inventory
securities $83,698
-
7b · Less cost or other basis and sales expenses
securities $74,730
-
7c · Gain or loss
securities $8,968
-
7d · Net gain or loss
total $8,968 · excluded $8,968
-
8a · Fundraising events: gross income
$100
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $100 · excluded $100
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $60,000 · program services $60,000
-
11g · Fees: other
total $1,724 · program services $1,724
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $44,344 · end of year $96,244
-
2 · Savings and temporary cash investments
beginning of year $363,490 · end of year $323,719
-
27 · Net assets without donor restrictions
beginning of year $407,834 · end of year $419,963
Mission and programs · 2024
Mission
TO SUPPORT ORGANIZATIONS AND PROJECTS THAT AIM TO IMPROVE HEALTH AND THE WELL-BEING OF OUR COMMUNITY
-
THE CORPORATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR GENERAL CHARITABLE AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTIONS 501(C)(3) AND 170(C)(2) OF THE INTERNAL REVENUE CODE OF 1986.
Expenses $1,724 · Grants $60,000
As filed on the 2024 return.
Listed in Part VII
-
Audrey FisherAUDREY FISHER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Dean PollockDEAN POLLOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Tariq A AzizTARIQ A AZIZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
William MannWILLIAM MANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Ketan K TrivediKETAN K TRIVEDI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Teresa StrausbaughTERESA STRAUSBAUGH
TREASURER
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
IMMIGRANT AND REFUGEE OUTREACH
-
$15,000
CRISIS INTERVENTION, SAFE HOUSING AND SUPPORTIVE SERVICES
-
COMMUNITY OUTREACH
-
$7,500
FOOD DISTRIBUTION
-
$7,500
COMMUNITY OUTREACH
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 March 2025
- IRS schema version
- 2024v5.0
- Source object
- 202540729349301104
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