Vmi Class of 1980 Foundation
Vmi Class of 1980 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVIDENCE FORGE, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $459.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$52K
+126.9% YoY
Revenue
$41K
+12.4% YoY
Qualifying Distributions
$3K
Expenses
$11K
-39.6% YoY
Under IRS private-foundation payout rules, Vmi Class of 1980 Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Vmi Class of 1980 Foundation
Based on IRS filings
Vmi Class of 1980 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVIDENCE FORGE, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $52K in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $459.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $52,261 | $23,033 | $5,700 |
| Revenue | $40,533 | $36,048 | $6,585 |
| Expenses | $11,305 | $18,715 | $885 |
| Qualifying Distributions | $3,000 | — | — |
| Net Investment Income | $459 | — | — |
| Distributable Amount | $1,854 | — | — |
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
0 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 |
|---|---|---|---|
| THOMAS KELLY | PRESIDENT, D | 2 | — |
| RICHARD FOWLER | VICE PRESIDE | 1 | — |
| THOMAS GELLES | TREASURER | 2 | — |
| FRANK HILTON | SECRETARY | 1 | — |
| C RHODES BOYD | DIRECTOR | 0.5 | — |
| CHALMERS GLENN | DIRECTOR | 0.5 | — |
| ROBERT WHITE | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Vmi Class of 1980 Foundation?
Vmi Class of 1980 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PROVIDENCE FORGE, VA. It holds $52K in total assets as of 2024.
How large is Vmi Class of 1980 Foundation?
As of 2024, Vmi Class of 1980 Foundation holds $52K in total assets with $41K in annual revenue.
How much is Vmi Class of 1980 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Vmi Class of 1980 Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Vmi Class of 1980 Foundation's EIN?
Vmi Class of 1980 Foundation's EIN (Employer Identification Number) is 88-3954316. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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