Overview
What is Virginia Environmental Endowment?
The Virginia Environmental Endowment is a nonprofit organization based in Richmond, Virginia, with a mission to enhance the environment. It achieves this by utilizing its capital, expertise, and resources to fund projects and programs that promote collaboration among various sectors to prevent pollution, improve water quality, restore the Chesapeake Bay, conserve natural resources, promote environmental literacy, and address emerging issues. Although the organization has a national charter, it primarily focuses on awards for eligible organizations and projects primarily conducted in Virginia, the Kanawha and Ohio River Valleys of Kentucky and West Virginia. The Endowment's grants support initiatives in four programs, including the Virginia Program, the Kanawha and Ohio River Valleys Program, the James River Water Quality Improvement Program, and the Community Conservation Program. The Community Conservation Program, funded by $3 million received from the agreement between the Commonwealth of Virginia and the company constructing the Mountain Valley Pipeline, aims to produce significant on-the-ground water quality benefits. The Virginia Program grants support projects that align with the Endowment's strategic priorities, such as advancing land conservation, protecting water quality, promoting environmental literacy, supporting the Chesapeake Bay, and addressing climate adaptation and coastal resilience. The James River Water Quality Improvement Program focuses on projects that are expected to reduce nutrient and sediment pollution flowing into the James River by more than four million pounds annually. The Kanawha and Ohio River Valleys Program grants support important water quality efforts in portions of West Virginia and Kentucky.
Official website here: www.vee.org
Is Virginia Environmental Endowment legitimate?
Virginia Environmental Endowment is a legitimate nonprofit organization registered as a 501(c)(4) entity. Virginia Environmental Endowment 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.
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Other Salaries and Wages: $367,887
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Official website here: www.vee.org
What is the mission statement of Virginia Environmental Endowment?
The Virginia Environmental Endowment seeks to enhance the environment by utilizing its resources, expertise, and capital to support projects and programs. These initiatives aim to encourage all sectors to collaborate in preventing pollution, improving water quality, restoring the Chesapeake Bay, conserving natural resources, promoting environmental literacy, and increasing public awareness. The Endowment also focuses on addressing emerging issues. Although it possesses a national scope, it currently grants awards primarily to eligible organizations and projects conducted in Virginia and the Kanawha and Ohio River Valleys of Kentucky and West Virginia.
Official website here: www.vee.org
Who is the CEO of Virginia Environmental Endowment?
Joseph H Maroon is the President of Virginia Environmental Endowment.
Official website here: www.vee.org
What is the revenue of Virginia Environmental Endowment?
Virginia Environmental Endowment's revenue in 2023 was $1,136,573.
Official website here: www.vee.org
Who are the executives of Virginia Environmental Endowment and what are their salaries?
The average compensation at Virginia Environmental Endowment during 2023 was $122,629. There are 3 employees at Virginia Environmental Endowment.
Here are 8 key members and their salaries:
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Official website here: www.vee.org
Where can I find the form 990 for Virginia Environmental Endowment?
Virginia Environmental Endowment's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vee.org
Learn more at the official website: www.vee.org
Mission Statement of Virginia Environmental Endowment
The Virginia Environmental Endowment, a charitable organization, is dedicated to improving the quality of the environment. It achieves this mission by utilizing its capital, expertise, and resources to fund projects and programs that encourage various sectors to collaborate in preventing pollution, enhancing water quality, restoring the Chesapeake Bay, conserving natural resources, promoting environmental literacy and public awareness, and addressing emerging issues. Although the Endowment has a national scope, it currently limits its financial assistance to eligible organizations and projects primarily conducted within the state of Virginia and also in the Kanawha and Ohio River Valleys of Kentucky and West Virginia. By doing so, the organization aims to foster collaboration and make a substantial impact on the environment within these regions.
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Impact
June, 2024
Virginia Environmental Endowment's impact is felt through its funding of projects and programs that encourage collaboration across all sectors to prevent pollution, improve water quality, restore the Chesapeake Bay, conserve natural resources, promote environmental literacy, raise public awareness, and address emerging environmental issues. By focusing on these areas, the Endowment aims to make significant positive changes in the environment of Virginia, Kentucky, and West Virginia.
Through initiatives like the James River Water Quality Improvement Program, the Endowment is able to reduce nutrient and sediment pollution entering the James River by over four million pounds annually. Additionally, grants provided by the Endowment support water quality efforts in the Kanawha and Ohio River Valleys, contributing to the overall improvement of the environment in these regions.
By strategically allocating funds and resources, Virginia Environmental Endowment plays a crucial role in advancing environmental conservation and sustainability efforts, ultimately making a lasting impact on the quality of the environment in the areas it serves.
This information is meant to be a general summary of Virginia Environmental Endowment. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $1,136,573
- Gross Receipts: $5,728,593
Assets and Liabilities:
- Total Assets: $34,168,054
- Total Liabilities: $397,543
- Net Assets: $33,770,511
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Organization Details
Founding Year
1977
Phone
(804) 644-5000Principal Officer
Joseph H Maroon
Main Address
PO BOX 790, RICHMOND, VA, 232180790
Website
www.vee.orgNTEE Category
Code: C12 - Environment
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