Virginia Environmental Endowment: FY2025 Nonprofit Profile & Form 990 (EIN 54-1041973)

Joseph H Maroon’s $218K as Secretary, Executive Direc is at the 88th percentile of top reported officer pay among 1851 $1–10M environment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

Name	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021
Joseph H Maroon	$217,635	$206,667	$203,881	$195,269	$187,150	$188,399

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Virginia Environmental Endowment executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

Family or business ties among officersPt VI · Ln 2No
Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds projects to improve the environment, focusing on pollution prevention and resource conservation in Virginia and nearby river valleys.

Questions for Virginia Environmental Endowment

Tap to ask. Virginia Environmental Endowment sees how many people are interested.

Your first name shows with your question. Virginia Environmental Endowment answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $3.1M · in their own filed words · FY2024

01

The endowment made grants to organizations and projects in four grant programs: the virginia program, the kanawha and ohio river valleys program, the james river water quality improvement program (jrwqip) which focuses on producing significant on-the-ground water quality benefits, and the community conservation program.

$3.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking

Grants paid · 200 grants · $12.8M · 2020–2025

James River AssociationVA · FY2025$478,669

Chesapeake Bay Foundation INCMD · FY2025$330,637

Virginia Polytechnic Institute and State University Biological Systems EngiFY2025$133,331

New River ConservancyNC · FY2025$98,850

Kiwanis Foundation of RoanokeVA · FY2025$85,411

Bay Journal Media INCMD · FY2025$50,000

Blue Sky FundVA · FY2025$50,000

Virginia Institute of Marine Science -Virginia Sea Grant (vasg)FY2025$40,000

Wetlands Watch INCVA · FY2025$40,000

Southern Environmental Law CenterVA · FY2025$40,000

The Elizabeth River ProjectVA · FY2025$35,000

Potomac Riverkeeper NetworkFY2025$35,000

Virginia Conservation NetworkVA · FY2025$35,000

The Potomac Conservancy INCMD · FY2025$30,000

Virginias United Land TrustsVA · FY2025$30,000

Northern Virginia Conservation TrustVA · FY2025$30,000

Rector & Visitors of the University of VirginiaVA · FY2025$29,500

The Piedmont Environmental CouncilVA · FY2025$29,119

See all 200 grants →

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$3.8M

Ln 12

Investment incomeLn 3$3.8M

Money outPt IX

$3.3M

Ln 25

Programscol B$3.1M

Managementcol C$153K

Owns and owesPt X

$31.9M

net assets · Ln 32

Cash and savingsLn 1–2$465K

Total assetsLn 16$32.4M

LiabilitiesLn 26$464K

PeoplePt VI, VII

9

listed · VII A

PaidVII A1

Voting boardVI 1a8

IndependentVI 1b8

2In more detail

Revenue in detailPt VIII

Investment incomeLn 3$3.8M

Gains on assetsLn 7$2.8M

Total revenueLn 12$3.8M

Assets in detailPt X, end of year

SavingsLn 2$465K

Cash and savings togetherLn 1–2$465K

InvestmentsLn 11–13$31.8M

Land, buildings, equipmentLn 10c$662

Other assetsLn 15$91K

Total assetsLn 16$32.4M

LiabilitiesLn 26$464K

Net assetsLn 32$31.9M

OperationsPt I, VI

EmployeesI 53

VolunteersI 60

Fiscal year endsHeaderMarch

Conflict-of-interest policyVI 12aYes

Whistleblower policyVI 13No

Records policyVI 14No

3Year over year

Balance sheet, start vs end of yearPt X · col A, B

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$210K	$465K
InvestmentsLn 11–13	$33.3M	$31.8M
Land, buildings, equipmentLn 10c	$1K	$662
Total assetsLn 16	$33.6M	$32.4M
LiabilitiesLn 26	$524K	$464K
Net assetsLn 32	$33.1M	$31.9M

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Grants to domestic organizationsLn 1	$2.6M	$2.6M
Pay of current officers, directors and key staffLn 5	$206K	$165K	$41K
Other salaries and wagesLn 7	$191K	$152K	$38K
Pension plan contributionsLn 8	$49K	$39K	$10K
Other employee benefitsLn 9	$45K	$36K	$9K
Payroll taxesLn 10	$28K	$22K	$6K
Accounting feesLn 11c	$14K	$11K	$3K
Investment management feesLn 11f	$30K		$30K
Office expensesLn 13	$4K	$3K	$790
Information technologyLn 14	$8K	$7K	$2K
OccupancyLn 16	$31K	$25K	$6K
TravelLn 17	$14K	$11K	$3K
InterestLn 20	$3K	$3K	$670
Depreciation, depletion and amortizationLn 22	$555	$443	$112
InsuranceLn 23	$3K	$2K	$552
Other expenses (24a–d)Ln 24	$22K	$18K	$4K
All other expensesLn 24e	$35	$28	$7
Total functional expensesLn 25	$3.3M	$3.1M	$153K	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2026 Latest	$9.9M	$2.9M	$7.0M	$32.2M	990 PDF
FY2025 Viewing	$3.8M	$3.3M	$561K	$31.9M	990 PDF
FY2024	$1.3M	$4.8M	−$3.5M	$33.1M	990 PDF
FY2023	$1.1M	$3.5M	−$2.3M	$33.8M	990 PDF
FY2022	$1.8M	$4.4M	−$2.6M	$38.8M	990 PDF
FY2021	$1.6M	$2.5M	−$902K	$40.7M	990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations

See the full FY2025 990 (6 parts)

Part I · Summary $3,820,378 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $0$0

I-10 Investment incomePrior year $1,254,882$3,820,378

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $1,254,882$3,820,378

I-13 Grants and similar amounts paidPrior year $4,156,886$2,612,482

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $484,368$518,013

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $140,879$128,739

I-18 Total expensesPrior year $4,782,133$3,259,234

I-19 Revenue less expensesPrior year −$3,527,251$561,144

Part VI · Governance 8 of 8 board members independent, 2 to look at

VI-1a Voting members of the governing body8

VI-1b Independent voting members8

VI-13 Written whistleblower policyNo

VI-14 Document retention and destruction policyNo

VI-2 Family or business relationship among officers or directorsNo

VI-12a Written conflict of interest policyYes

VI-15a Process for setting top official's payYes

Part VIII · Statement of revenue $3,820,378 across 3 lines filed

VIII-3 Investment incomeExcluded from tax $1,011,341$1,011,341

VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,809,037$2,809,037

VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $3,820,378$3,820,378

Part IX · Statement of functional expenses $3,259,234 across 17 lines filed

IX-1 Grants to domestic organizationsPrograms $2,612,482$2,612,482

IX-5 Pay of current officers, directors and key staffPrograms $164,800 · Management $41,200$206,000

IX-7 Other salaries and wagesPrograms $152,469 · Management $38,117$190,586

IX-8 Pension plan contributionsPrograms $38,952 · Management $9,738$48,690

IX-9 Other employee benefitsPrograms $35,692 · Management $8,923$44,615

IX-10 Payroll taxesPrograms $22,498 · Management $5,624$28,122

IX-11c Accounting feesPrograms $10,855 · Management $2,714$13,569

IX-11f Investment management feesManagement $29,634$29,634

IX-13 Office expensesPrograms $3,161 · Management $790$3,951

IX-14 Information technologyPrograms $6,721 · Management $1,680$8,401

IX-16 OccupancyPrograms $24,531 · Management $6,133$30,664

IX-17 TravelPrograms $11,027 · Management $2,757$13,784

IX-20 InterestPrograms $2,681 · Management $670$3,351

IX-22 Depreciation, depletion and amortizationPrograms $443 · Management $112$555

IX-23 InsurancePrograms $2,210 · Management $552$2,762

IX-24 Other expenses (24a–d)Programs $17,627 · Management $4,406$22,033

IX-24e All other expensesPrograms $28 · Management $7$35

IX-25 Total functional expensesPrograms $3,106,177 · Management $153,057 · Fundraising $0$3,259,234

Part X · Balance sheet $32,376,826 assets, 13 lines filed

X-2 Savings and temporary cash investmentsStart of year $210,343$464,580

X-10c Land, buildings and equipment, netStart of year $1,217$662

X-11 Publicly traded securitiesStart of year $24,221,620$22,127,010

X-12 Other securitiesStart of year $9,076,415$9,693,380

X-15 Other assetsStart of year $123,530$91,194

X-16 Total assetsStart of year $33,633,125$32,376,826

X-18 Grants payableStart of year $378,125$355,125

X-25 Other liabilitiesStart of year $145,949$108,513

X-26 Total liabilitiesStart of year $524,074$463,638

X-27 Net assets without donor restrictionsStart of year $23,139,595$23,674,422

X-28 Net assets with donor restrictionsStart of year $9,969,456$8,238,766

X-32 Total net assets or fund balancesStart of year $33,109,051$31,913,188

X-33 Total liabilities and net assetsStart of year $33,633,125$32,376,826

Part XI · Reconciliation of net assets $31,913,188 net assets at year end

XI-1 Total revenue$3,820,378

XI-2 Total expenses$3,259,234

XI-3 Revenue less expenses$561,144

XI-4 Net assets at start of year$33,109,051

XI-5 Net unrealized gains (losses) on investments−$1,757,007

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$31,913,188

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

Virginia Environmental Endowment FY2025 filing

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid