Virginia Outdoor Adventure Inc

VIRGINIA BEACH, VA EIN: 81-4736517

Virginia Outdoor Adventure Inc is a private foundation focused on Youth Development, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.9M in total assets. In 2024, it awarded 2 grants totaling $5K. Net investment income was $210K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.9M

+3.0% YoY

Annual Giving

$5K

-63.0% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$3K

-44.4% YoY

Under IRS private-foundation payout rules, Virginia Outdoor Adventure Inc reported a distributable amount of $335K for 2024 — the minimum it must pay out in qualifying distributions.

About Virginia Outdoor Adventure Inc

Based on IRS filings

Focus Areas

Youth Development

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $160K (82%)

Virginia $36K (18%)

States

Pennsylvania Virginia

Cities

ChesapeakeDillwynJenkintownNorfolkRoanokeVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$6,921,841	$6,717,967	$6,384,414
Revenue	$254,201	$164,059	$111,849
Expenses	$478,636	$486,726	$552,769
Qualifying Distributions	$436,763	$444,508	$491,502
Net Investment Income	$210,033	$157,659	$179,102
Distributable Amount	$335,253	$317,546	$345,275

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Town Center Kiwanis of Virginia Beach ($2,500), Martin Luther King Family Life Center ($2,500).

Recipient	Purpose	Amount
TOWN CENTER KIWANIS OF VIRGINIA BEACH VIRGINIA BEACH, VA	MATCH FOR BAYSIDE HIGH SCHOOL SCHOLARSHIP	$2,500
MARTIN LUTHER KING FAMILY LIFE CENTER CHESAPEAKE, VA	MARTIN LUTHER KING FAMILY LIFE CENTER	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KELLY R THORP	PRESIDENT	30	—
LINDA J THORP	VICE PRESIDENT	20	$84,000
TINA RIDGEWAY	TREASURER	30	$120,750

Subject Areas

Focus areas based on grantmaking activity

Youth Development

Frequently Asked Questions

What is Virginia Outdoor Adventure Inc?

Virginia Outdoor Adventure Inc is a private foundation focused on Youth Development, based in VIRGINIA BEACH, VA. It holds $6.9M in total assets as of 2024.

How large is Virginia Outdoor Adventure Inc?

As of 2024, Virginia Outdoor Adventure Inc holds $6.9M in total assets with $254K in annual revenue. It awarded 2 grants totaling $5K in 2024.

Where does Virginia Outdoor Adventure Inc operate?

Virginia Outdoor Adventure Inc has awarded grants in Pennsylvania, Virginia.

What size grants does Virginia Outdoor Adventure Inc award?

In 2024, Virginia Outdoor Adventure Inc awarded 2 grants totaling $5K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Virginia Outdoor Adventure Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Virginia Outdoor Adventure Inc reported a distributable amount of $335K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Virginia Outdoor Adventure Inc's EIN?

Virginia Outdoor Adventure Inc's EIN (Employer Identification Number) is 81-4736517. IRS Form 990 filing data is available on this page for 2020–2024.