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Virginia Highlands Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521225133 ✦ Abingdon, VA ✦ Designated as a 501(c)(3)

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Overview

What is Virginia Highlands Foundation Inc?

Virginia Highlands Foundation Inc is a nonprofit organization situated in Abingdon, Virginia. Their primary focus is on providing scholarship and educational assistance to students through diverse programs. In addition to supporting students, they also offer achievement programs for instructors to enhance their abilities within the educational sphere. Their mission is deeply rooted in empowering both students and educators, contributing positively to the community through their initiatives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Stars)

The Virginia Highlands Foundation Inc has received an overall rating of 82%, which translates to a Three-Star rating based primarily on its Accountability & Finance score. A strong focus on financial transparency is evident, as the foundation earned full marks in several key areas, including the independence of its board members and its low liabilities to assets ratio. This strong performance indicates effective management and oversight of financial resources.

The foundation features a fully independent board with 19 members, enhancing its governance structure and ensuring unbiased decision-making. Additionally, the organization has demonstrated robust financial practices, with a program expense ratio of 95.69%, which suggests that the majority of its expenses are allocated directly to its programs. This high ratio reflects a commitment to impactful service delivery.

Despite its strengths, the organization’s rating derived solely from its Accountability & Finance score limits the assessment of its overall effectiveness. Future evaluations could benefit from a broader range of metrics, including program outcomes and community impact, to provide a more comprehensive picture of the foundation's performance.


This AI summary has been generated from information found on Charity Navigator.

Is Virginia Highlands Foundation Inc legitimate?

Virginia Highlands Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Highlands Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Virginia Highlands Foundation Inc?

The Virginia Highlands Foundation Inc is dedicated to providing scholarship and educational assistance to students through various programs. This non-profit organization also offers achievement programs for instructors to enhance their teaching abilities. By offering these services, the Virginia Highlands Foundation Inc aims to support the academic pursuits of students and foster educational growth among educators.

What is the revenue of Virginia Highlands Foundation Inc?

Virginia Highlands Foundation Inc's revenue in 2024 was $3,753,756.

Who are the executives of Virginia Highlands Foundation Inc and what are their salaries?

Here are 29 key members and their salaries:


Sara Baldwin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Belcher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Collins (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Fields (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Frost (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Goodman (Drector)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Helms (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard (Humphreys)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lentz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tal Mcbride (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mccool (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr John Roberts (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Spiegler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Adam Hutchison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virgil Wimmer (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Pennington (Excutive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Walters (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Bowman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Lachniet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Hensley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Deel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Gillespie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendra Hayden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Holmes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Hope (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Virginia Highlands Foundation Inc?

Virginia Highlands Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Virginia Highlands Foundation Inc

Virginia Highlands Foundation Inc, a nonprofit organization, is dedicated to offering scholarship and educational assistance to students. Through various programs, this foundation provides financial aid and resources to help students succeed academically. Furthermore, Virginia Highlands Foundation Inc also offers achievement programs for instructors, aiming to enhance their teaching skills and contribute to the overall quality of education.

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Impact




July, 2024

Virginia Highlands Foundation Inc provides scholarship and educational assistance to students at Virginia Highlands Community College in Abingdon, VA. Through various programs, the foundation supports students in pursuing their education and achieving their academic goals. Additionally, the foundation offers achievement programs for instructors, further enhancing the quality of education at the college. Overall, Virginia Highlands Foundation Inc has a direct impact on supporting education and empowering students to succeed in their academic endeavors.




This information is meant to be a general summary of Virginia Highlands Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,753,756 (2024)
Expenses
$424,057 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $37,180
  • Gross Receipts: $3,763,313

Assets and Liabilities:

  • Total Assets: $7,999,764
  • Total Liabilities: $109,306
  • Net Assets: $7,890,458

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Organization Details

Founding Year

2009

Principal Officer

Laura Pennington

NTEE Category

Code: B41I - Education

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