Vba Education Foundation FY2024 filing
Teaches personal finance skills to people throughout Virginia. For fiscal year 2024 it reported $195K in revenue, $189K in expenses, and $2.1M in net assets.Pt I
- Founded
- 2006
- Type
- Public foundation / grantmaker · Foundations & Grantmakers
- Location
- Glen Allen, VA
- Filings
- 6 on file (2020–2024)
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Summary of the Filing
Where the work happens
Virginia Bank Fellows Program
The foundation supports this program by providing scholarships and additional educational and leadership training opportunities for underserved students in the community college system.
The foundation supports financial literacy training and education for k-12 and college students and teachers by providing funding and scholarships to various organizations throughout virginia.
Vba Bank Day Scholarship Program
Virginia high school seniors learn about banking, financial services, career opportunities in the indsutry and the vital role banks play in their communities on the third tuesday in march, which has been declared bank day in virginia. 13 scholarships are awarded based on essays that the students write about their experience.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 93% | — | — |
| Overhead ratio | 7% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | -52% | — | — |
| Investment management fee ratio | 0.4% | — | — |
| Accounting fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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