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The Family Foundation Of Virginia

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

EIN: 521425355 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

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Overview

What is The Family Foundation Of Virginia?

The Family Foundation of Virginia is a nonprofit organization situated in Richmond, Virginia. With a team of 11 dedicated individuals, they focus on conducting research and providing education on family-related issues to over 200,000 Virginians, the media, and elected officials. Their work involves producing reports, briefs, and holding regional events to engage the community and influence policy decisions. They also invite renowned speakers to discuss family matters in Virginia and offer a full-time constituent service office and a resource library for Virginia families.


Official website here: www.familyfoundation.org/

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 87%, Three-Star out of Four Star rating.

The Family Foundation Of Virginia has earned a solid Three-Star rating from Charity Navigator, primarily based on its strong performance in accountability and finance metrics. The organization demonstrates a commitment to transparency and good governance, as evidenced by an independent board comprised of 95% independent members and a high score for its financial oversight measures.

The financial health of the organization is reflected in its low liabilities to assets ratio of 12.80%, indicating a stable fiscal position. Additionally, the charity maintains good practices such as having a conflict of interest policy, whistleblower policy, and proper documentation for board meeting minutes, which contribute positively to its overall rating.

However, while the foundation has a respectable program expense ratio of 62.94%, there is room for improvement in this area to enhance the impact of its programs further. Overall, The Family Foundation Of Virginia shows strengths in governance and financial management, but continued focus on program efficiency will be essential for maximizing its mission effectiveness.


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

Is The Family Foundation Of Virginia legitimate?

The Family Foundation Of Virginia is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Family Foundation Of Virginia 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: $141,306
Professional Fundraising Fees: $0
Other Salaries and Wages: $735,609

For more financial information, click here


Official website here: www.familyfoundation.org/

What is the mission statement of The Family Foundation Of Virginia?

The Family Foundation of Virginia focuses on providing research and education on matters affecting families. This organization serves over 200,000 individuals, the media, and elected officials. They produce reports and briefs on family impact issues, organize regional citizen briefings and training sessions, invite national speakers to discuss family issues in Virginia, and operate a constituent service office and a citizen resource library. The mission of The Family Foundation of Virginia is to contribute to the understanding and resolution of family-related concerns through comprehensive research and educational programs.


Official website here: www.familyfoundation.org/

Who is the CEO of The Family Foundation Of Virginia?

Victoria Cobb is the Past Chairman of The Family Foundation Of Virginia.


Official website here: www.familyfoundation.org/

What is the revenue of The Family Foundation Of Virginia?

The Family Foundation Of Virginia's revenue in 2022 was $2,384,490.


Official website here: www.familyfoundation.org/

Who are the executives of The Family Foundation Of Virginia and what are their salaries?

The average compensation at The Family Foundation Of Virginia during 2022 was $79,720. There are 11 employees and 30 volunteers at The Family Foundation Of Virginia.


Here are 20 key members and their salaries:


Robert Mcfarland (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Disosway (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Meyer (Vice Chairman; Law Center Oversight Commitee Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean M Nichols (Treasurer; Finance Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Phillips (Board Governance Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Griffin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Towell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Cox (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Kohstall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Disosway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ty Fabling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Monacell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Morr (Developement Committee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lizbeth White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Vest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Banister (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Loftis (Policy Commettee Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassandra Laymon (Grassroots Committee Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Cobb (President)
  • Compensation: $138,025
  • Related: $0
  • Other: $0


Official website here: www.familyfoundation.org/

Where can I find the form 990 for The Family Foundation Of Virginia?

The Family Foundation Of Virginia's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.familyfoundation.org/

Learn more at the official website: www.familyfoundation.org/

Mission Statement of The Family Foundation Of Virginia

The Family Foundation of Virginia is an organization dedicated to providing research and education on issues affecting Virginia families. Its mission is threefold: it conducts comprehensive studies and produces reports on family impact issues, it holds regional citizen briefings and training sessions, and it invites national speakers to discuss family-related matters in Virginia. Furthermore, the foundation operates a constituent service office and a citizen resource library, aiming to reach over 200,000 Virginians, media outlets, and elected officials with its findings. In essence, The Family Foundation of Virginia serves as a knowledge hub and advocacy platform, aiming to inform and influence discussions on family-related matters in Virginia.

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Impact




July, 2024

The Family Foundation of Virginia plays a significant role in providing research and education on issues affecting Virginia families. Through their efforts, they reach out to more than 200,000 Virginians, the media, and elected officials. By producing reports and issue briefs on family impact issues, hosting regional citizen briefings and training sessions, inviting national speakers to discuss family issues in Virginia, operating a constituent service office, and managing a citizen resource library, the foundation actively contributes to informing and engaging the community on critical family-related matters. Their impact extends to education, advocacy, and support for Virginia families, making them a vital resource for the state.




This information is meant to be a general summary of The Family Foundation Of Virginia. 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
$2,384,490 (2022)
Expenses
$1,783,529 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$3,524
  • Gross Receipts: $2,384,490

Assets and Liabilities:

  • Total Assets: $3,207,309
  • Total Liabilities: $388,451
  • Net Assets: $2,818,858

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Organization Details

Founding Year

1985

Principal Officer

Victoria Cobb

Main Address

707 EAST FRANKLIN STREET, RICHMOND, VA, 23219

NTEE Category

Code: B01 - Education

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