Aphasia Foundation of Virginia

PORTSMOUTH, VA EIN: 54-1388286

Aphasia Foundation of Virginia is a private foundation, based in PORTSMOUTH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $614K in total assets. In 2024, it made $6K in qualifying distributions. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$614K

+40.4% YoY

Revenue

$247K

+2264.9% YoY

Qualifying Distributions

$6K

-80.3% YoY

Expenses

$19K

-39.0% YoY

Under IRS private-foundation payout rules, Aphasia Foundation of Virginia reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.

About Aphasia Foundation of Virginia

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $104K (100%)

States

Virginia

Cities

Norfolk

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$614,412	$437,682	$444,683
Revenue	$246,756	$10,434	$29,529
Expenses	$19,210	$31,471	$31,795
Qualifying Distributions	$6,051	$30,722	$31,207
Net Investment Income	$12,601	$8,667	$10,134
Distributable Amount	$24,957	$18,634	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
NICHOLAS G BOUNTRESS	PRESIDENT	2	—
JOHN R GOODWIN	TREASURER	2	—
WILLIAM G SYKES	DIRECTOR	0.5	—
FRANKLIN D EDMONDSON	DIRECTOR	0.5	—
JOSEPH SEVER	DIRECTOR	0.5	—
CHILA NICHOLSON	A/TREASURER	1	—

Frequently Asked Questions

How large is Aphasia Foundation of Virginia?

As of 2024, Aphasia Foundation of Virginia holds $614K in total assets with $247K in annual revenue.

Where does Aphasia Foundation of Virginia operate?

Aphasia Foundation of Virginia has awarded grants in Virginia.

How much is Aphasia Foundation of Virginia required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Aphasia Foundation of Virginia reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Aphasia Foundation of Virginia's EIN?

Aphasia Foundation of Virginia's EIN (Employer Identification Number) is 54-1388286. IRS Form 990 filing data is available on this page for 2020–2024.