A Private Foundation located in LEESBURG, VA



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

W

2023 Tax Year

About this Private Foundation: 451019

This private foundation is located in Leesburg and provides grants for various charitable purposes. Its main interests include philanthropy, voluntarism, and grantmaking. The foundation actively reviews investment portfolios to enhance income for future grants. It evaluates grant applications, with a focus on science, funding selected projects that meet specific criteria. Additionally, the foundation maintains collaborative relationships with medical institutions to support research initiatives. Through these efforts, the foundation aims to advance knowledge and improve outcomes in its focus areas, ultimately benefiting the community and promoting impactful change.

Foundation Profile

In the tax year 2024, a prominent foundation based in Leesburg continues to make significant strides in the realm of philanthropy, voluntarism, and grantmaking. With total assets amounting to $3.0 million and an expenditure of $91.3K, this foundation is dedicated to fostering innovative solutions in the fields of medical science and research. Its mission revolves around enhancing the quality of life through strategic charitable giving and support for groundbreaking research initiatives. The foundation prioritizes funding opportunities that align with its commitment to advancing medical science. This year, it has meticulously reviewed nine grant applications from qualifying science projects, ultimately selecting five for further consideration and successfully funding three. This rigorous selection process underscores the foundation's dedication to ensuring that its resources are allocated to impactful and transformative research endeavors. In addition to its focus on medical sciences, the foundation has also taken proactive measures to optimize its investment portfolio, aiming to increase income for future grants. This strategic approach not only enhances the foundation's capacity to fund essential projects but also reinforces its commitment to long-term sustainability in charitable giving. Grant seekers interested in applying for funding should note that eligibility criteria are aligned with the foundation's focus areas, particularly in medical research and related fields. The foundation maintains an ongoing partnership with a leading medical institution, facilitating collaborative research efforts that benefit multiple departments and specialties. This expanded relationship highlights the foundation's commitment to fostering innovation and supporting the next generation of medical breakthroughs. In summary, this foundation is a pivotal player in the philanthropic landscape, providing essential funding for medical research and promoting a culture of voluntarism. As it continues to evolve and adapt its funding strategies, it remains a vital resource for organizations and individuals dedicated to making a difference in the field of science and healthcare. Grant seekers are encouraged to explore the foundation's opportunities to contribute to meaningful change and advance their research initiatives.
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LEESBURG, VA

Summary

Assets

$2.9m

Distributions

$0

Contributions

$91.2k

Grant Median

$

Count

0

Grant Max

$0
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Latest Tax e-Filing

2023

Published by IRS

2024

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Grants

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Amount

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State

VA

City

LEESBURG

Purpose

Interest

Philanthropy, Voluntarism & Grantmaking Foundations

5 results

Amount Name Purpose Location Year

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About The Grant Portal 

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The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

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Unrestricted
Nonprofit Grant Provider in LEESBURG, VA with $2.9m in Assets