VBA EDUCATION FOUNDATION

EIN 20-4943021 GLEN ALLEN, VA

Revenue 2025: $278,570
Expenses 2025: $190,428

Program services were 92.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection: 03
NTEE code: T30
Classification: 1200
Street: 4490 COX RD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

IT IS THE MISSION OF THE VBA EDUCATION FOUNDATION TO ADVANCE PERSONAL FINANCIAL LITERACY ACROSS THE COMMONWEALTH OF VIRGINIA.

Activities or mission (Part I)

TO ADVANCE PERSONAL FINANCIAL LITERACY ACROSS THE COMMONWEALTH OF VIRGINIA.

THE FOUNDATION SUPPORTS FINANCIAL LITERACY TRAINING AND EDUCATION FOR K-12 AND COLLEGE STUDENTS AND TEACHERS BY PROVIDING FUNDING AND SCHOLARSHIPS TO VARIOUS ORGANIZATIONS THROUGHOUT VIRGINIA.

Expenses $37,500 · Grants $37,500
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. 12 SCHOLARSHIPS ARE AWARDED BASED ON ESSAYS THAT THE STUDENTS WRITE ABOUT THEIR EXPERIENCE. THE FOUNDATION MANAGES THIS PROGRAM AND DISTRIBUTES THE SCHOLARHIPS.

Expenses $28,500 · Grants $28,500
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 $110,000 · Grants $110,000
CRISIS RELIEF

Expenses $1,000 · Grants $1,000

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

GARY R SHOOK

CHAIRMAN

Total calculated

$0

Hours/week

1
BRUCE T WHITEHURST

PRESIDENT

Total calculated

$0

Hours/week

1
WALTER C AYERS

DIRECTOR EMIRITUS

Total calculated

$0

Hours/week

1
NATHALIA D ARTUS

BOARD MEMBER

Total calculated

$0

Hours/week

1
T PATRICK COLLINS

BOARD MEMBER

Total calculated

$0

Hours/week

1
TIMOTHY M DUFFEE

BOARD MEMBER

Total calculated

$0

Hours/week

1
JEFFREY V HALEY

BOARD MEMBER (LEFT 05/31)

Total calculated

$0

Hours/week

1
LETON L HARDING JR

BOARD MEMBER

Total calculated

$0

Hours/week

1
SCOTT C HARVARD

BOARD MEMBER

Total calculated

$0

Hours/week

1
JENNIFER W KNIGHTING

BOARD MEMBER (LEFT 05/31)

Total calculated

$0

Hours/week

1
BRANDON C LOREY

BOARD MEMBER

Total calculated

$0

Hours/week

1
THOMAS L RASEY JR

BOARD MEMBER

Total calculated

$0

Hours/week

1
JEFFREY M SZYPERSKI

BOARD MEMBER

Total calculated

$0

Hours/week

1
LITZ H VAN DYKE

BOARD MEMBER

Total calculated

$0

Hours/week

1
DOROTHY M WELCH

BOARD MEMBER

Total calculated

$0

Hours/week

1
STEVEN C YEAKEL

BOARD MEMBER (LEFT 05/31)

Total calculated

$0

Hours/week

1
COREY CONNORS

BOARD MEMBER

Total calculated

$0

Hours/week

1
TRACIE A GALLAHAN

BOARD MEMBER

Total calculated

$0

Hours/week

1
STACY PUCKETT

TREASURER

Total calculated

$0

Hours/week

1
MONICA MCDEARMON

SECRETARY

Total calculated

$0

Hours/week

1

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. Earlier years are each on their own filing page.

Filings

2025

Revenue

$278,570

Expenses

$190,428

Contributions

$118,611

Grants paid

$177,000
2023

Revenue

$402,004

Expenses

$204,434

Contributions

$137,010

Grants paid

$195,500
2022

Revenue

$345,598

Expenses

$206,420

Contributions

$295,814

Grants paid

$200,000

Tax year	Revenue	Expenses	Contributions	Grants paid
2025	$278,570	$190,428	$118,611	$177,000
2023	$402,004	$204,434	$137,010	$195,500
2022	$345,598	$206,420	$295,814	$200,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

2021 · 990

Revenue

$210,777

Expenses

$88,138

Assets (EOY)

$1,749,248
2020 · 990

Revenue

$136,348

Expenses

$89,049

Assets (EOY)

$1,626,609
2019 · 990

Revenue

$153,530

Expenses

$109,393

Assets (EOY)

$1,579,310
2018 · 990

Revenue

$207,011

Expenses

$115,908

Assets (EOY)

$1,535,173
2017 · 990

Revenue

$205,786

Expenses

$100,890

Assets (EOY)

$1,444,070
2016 · 990

Revenue

$113,186

Expenses

$101,339

Assets (EOY)

$1,339,174
2015 · 990

Revenue

$186,962

Expenses

$84,551

Assets (EOY)

$1,327,327
2014 · 990

Revenue

$170,472

Expenses

$79,792

Assets (EOY)

$1,224,916

Tax year	Form	Revenue	Expenses	Assets (EOY)
2021	990	$210,777	$88,138	$1,749,248
2020	990	$136,348	$89,049	$1,626,609
2019	990	$153,530	$109,393	$1,579,310
2018	990	$207,011	$115,908	$1,535,173
2017	990	$205,786	$100,890	$1,444,070
2016	990	$113,186	$101,339	$1,339,174
2015	990	$186,962	$84,551	$1,327,327
2014	990	$170,472	$79,792	$1,224,916

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

THE VIRGINIA FOUNDATION OF COMMUNITY COLLEGE EDUCATION

$130,000

2022 FUNDING SCHOLARSHIPS FOR UNDERSERVED STUDENTS IN THE COMMUNITY COLLEGE SYSTEM
THE VIRGINIA FOUNDATION OF COMMUNITY COLLEGE EDUCATION

$130,000

2023 FUNDING SCHOLARSHIPS FOR UNDERSERVED STUDENTS IN THE COMMUNITY COLLEGE SYSTEM
THE VIRGINIA FOUNDATION OF COMMUNITY COLLEGE EDUCATION

$110,000

2025 FUNDING SCHOLARSHIPS FOR UNDERSERVED STUDENTS IN THE COMMUNITY COLLEGE SYSTEM
VIRGINIA COUNCIL ON ECONOMIC EDUCATION

$32,000

2022 VA PUBLIC SCHOOL EDUCATORS AND FOR UVA WISE
VIRGINIA COUNCIL ON ECONOMIC EDUCATION

$32,000

2023 VA PUBLIC SCHOOL EDUCATORS AND FOR UVA WISE
VIRGINIA COUNCIL ON ECONOMIC EDUCATION

$32,000

2025 VA PUBLIC SCHOOL EDUCATORS AND FOR UVA WISE
READ TO THEM

$10,000

2022 VA READS ONE BOOK-ONE READING EVENT
READ TO THEM

$7,500

2023 VA READS ONE BOOK-ONE READING EVENT

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 26 October 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.