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Virginia Free Enterprise Foundation

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

EIN: 542024437 ✦ Henrico, VA ✦ Designated as a 501(c)(3)

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Overview

What is Virginia Free Enterprise Foundation?

The Virginia Free Enterprise Foundation is a nonprofit organization that actively supports research, analysis, and educational initiatives aimed at fostering enterprise and a thriving business environment in Virginia. By providing financial assistance to the Virginia Foundation for Research and Economic Education, Inc., this organization plays a crucial role in furthering these objectives. Their mission is geared towards enhancing the economic landscape of the state, contributing to its overall prosperity.

Is Virginia Free Enterprise Foundation legitimate?

Virginia Free Enterprise Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Free Enterprise Foundation submitted a form 990EZ, 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.

What is the mission statement of Virginia Free Enterprise Foundation?

The Virginia Free Enterprise Foundation is dedicated to fostering research, analysis, and educational initiatives that advocate for enterprise and a thriving business environment. It accomplishes this by providing financial support for the programs of Virginia Foundation for Research and Economic Education, Inc. The foundation's primary goal is to promote entrepreneurship and economic prosperity in various sectors.

Who is the CEO of Virginia Free Enterprise Foundation?

Gary Thomson is the Treasurer of Virginia Free Enterprise Foundation.

What is the revenue of Virginia Free Enterprise Foundation?

Virginia Free Enterprise Foundation's revenue in 2022 was $21,000.

Who are the executives of Virginia Free Enterprise Foundation and what are their salaries?


Here are 5 key members and their salaries:


Craig Parisot (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Novey (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher B Saxman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Minnick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Thomson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Virginia Free Enterprise Foundation?

Virginia Free Enterprise Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Virginia Free Enterprise Foundation

The Virginia Free Enterprise Foundation, in its mission, focuses on supporting research, analysis, and educational initiatives that foster enterprise and a thriving business environment in Virginia. This nonprofit organization extends its support by providing funds for the programs of Virginia Foundation for Research and Economic Education, Inc. Essentially, the Virginia Free Enterprise Foundation is committed to promoting entrepreneurship and a prosperous business environment, accomplishing this through financial assistance to relevant research and educational programs.

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Impact




October, 2024

The Virginia Free Enterprise Foundation significantly contributes to fostering a robust business environment in Virginia. By supporting research and analysis, it enhances understanding of economic factors that influence enterprise development. Its funding for educational initiatives plays a crucial role in equipping businesses and individuals with the knowledge necessary for growth and innovation. Through these efforts, the foundation promotes a culture of entrepreneurship, facilitating improvements in the community and empowering local economies. The impact is evident across various sectors as it helps create a favorable climate for both established companies and emerging startups, ultimately leading to broader economic prosperity in the region.




This information is meant to be a general summary of Virginia Free Enterprise Foundation. 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
$21,000 (2022)
Expenses
$21,354 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $21,000

Assets and Liabilities:

  • Total Assets: $1,500
  • Total Liabilities: $0
  • Net Assets: $1,500

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Organization Details

Principal Officer

Gary Thomson

Main Address

PO BOX 29268, HENRICO, VA, 23242

NTEE Category

Code: S05 - Community improvement

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