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Kva Foundation EIN 54-1838819 Form 990 (PDF) Claim this org

Kva Foundation FY2025 filing

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A private foundation based in Lynchburg, VA. It reported about $96K in revenue for 2024. For fiscal year 2025 it reported $96K in revenue, $71K in expenses, and $425K in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Lynchburg, VA
Filings
5 on file (2021–2025)
Revenue
$96KFY2025
Expenses
$71K
Net assets
$425K
People
2
Filings
5
Updates
0
More identity details & actions ⌄
EIN  54-1838819 Private foundation / grantmaker Lynchburg, VA
Form 990 (PDF)
You’re viewing the FY2025 filing — not the latest on file. See the latest (FY2025) →
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Size
<$100K
What they do
A private foundation based in Lynchburg, VA. It reported about $96K in revenue for 2024.
Leadership
Kent Van Allen JR · Trustee
Money in and out
$96K revenue, $71K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$96K
Pt VIII · Ln 12
Total expenses
$71K
Pt IX · Ln 25
Net assets
$425K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $24K
Total assets
425K
deployed as grants and operations
Grants paid
64K
in FY2025
Grants made
39grants
total in period
Payout rate
15%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 39 grants · $59K · 2025–2025
Lynchburg GrowsFY2025$11,000
Hollins UniversityFY2025$10,000
St John's Episcopal ChurchFY2025$8,200
James River Day SchoolFY2025$6,000
Poplar ForestFY2025$5,000
United Way of LynchburgFY2025$2,000
Radio Iq and WvtfFY2025$2,000
Miriam's HouseFY2025$1,100
Women's Resource Center of N MlFY2025$1,000
Va Ctr for Incl CommFY2025$1,000
St James Episcopal ChurchFY2025$1,000
Planned Parenthood South AtlanticFY2025$1,000
Parkview Community MissionFY2025$1,000
McLaren HospitalFY2025$1,000
Lynchburg Daily BreadFY2025$1,000
Lnterfaith Outreach AssocFY2025$1,000
Elizabeth's Early Learning CenterFY2025$1,000
Five Hundred Year Forest FdFY2025$750
See all 39 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$2K
Median grantPart XV$500
Largest grantPart XV$11K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$96K
FY2025▲ +414%
Expenses
$71K
FY2025▼ -7%
Total assets
$425K
FY2025▼ -1%
Total liabilities
$0
FY2025
Total revenue
$96K
Pt VIII · Ln 12
Total expenses
$71K
Pt IX · Ln 25
Net assets
$425K
Pt X · Ln 32
Total assetsPt II$425K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKva Foundation
EINHdr · item D54-1838819
Principal addressHdr · item CLynchburg, VA
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T20Z)
Ruling yearIRS BMFMar 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
See Kva Foundation executive salaries →

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Statement of Revenue

Part VIII
Investment income100%$96K
Total revenueLn 12$96K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.90 Operating & administrative $0.10
Grants & contributions paid90%$64K
Operating & administrative10%$7K
Total functional expensesLn 25$71K

Balance Sheet

Part X · end of year
CashLn 1$8K
Total assetsLn 16$425K
Total liabilitiesLn 26$0
Total net assetsLn 32$425K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $425K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $96K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $96K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $96K · Prior year $19K
Prior-year revenue below floor — showing dollar change
Revenue CAGR
FY2020 $319K · FY2024 $96K
-26%
Net-asset trend (YoY)
End of year $425K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $96K · Expenses $71K
+25%
Liabilities-to-Assets
Total liabilities — · Total assets $425K
—
Net-asset ratio
Net assets $425K · Total assets $425K
100%
People & payroll
Highest Reported Total Compensation
Individual Kent Van Allen JR · Reported title TRUSTEE · Highest reported compensation $0 · Total expenses $71K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth 414%——

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

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025$96K revenue · viewing · ⤓ 990 PDF
FY2024$19K revenue · ⤓ 990 PDF
FY2023$55K revenue · ⤓ 990 PDF
FY2022$313K revenue · ⤓ 990 PDF
FY2021$319K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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