Volgenau Foundation
- Assets
- $128.4m
- Revenue
- $24.5m
- Investments
- $89.9m
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 08/1995
- Data as of
- 12/2022
- EIN
- 54-1738281
Organization Overview
Volgenau Foundation is located in Mclean, VA. The organization was established in 1995. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Volgenau Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Volgenau Foundation generated $24.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 40.1% each year . All expenses for the organization totaled $11.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Volgenau Foundation has awarded 467 individual grants totaling $72,046,181. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
DEMONSTRATING CONSERVATION VALUES AT PHILLIPS CREEK FARM: - CONSERVATION EASEMENTS AT PHILLIPS CREEK FARM (PCF): TVF UNDERTAKES ONGOING LANDSCAPE RESTORATION ACTIVITIES AT PCF. - SUPPORT FOR ENVIRONMENTAL NONPROFITS (AND GRANTEES): TVF MAKES PHILLIPS CREEK FARM AVAILABLE FOR USE BY LOCAL NONPROFITS FOR THEIR CONSERVATION, EDUCATION, AND FUNDRAISING PROGRAMS. TVF INVITES ITS GRANTEES AND OTHER NONPROFIT ORGANIZATIONS TO USE PCF AS A MEETING AND DEMONSTRATION SITE.
ENHANCING CONSERVATION PHILANTHROPY: TVF FOSTERS COLLABORATION AMONG CONSERVATION FUNDERS FOR MAXIMUM IMPACT. - TVF IS CO-FOUNDER (WITH THE LAND FAMILY FOUNDATION) OF THE NORTHERN VIRGINIA ENVIRONMENTAL FUNDERS ORGANIZATION. IN 2022 WE HOSTED THREE EDUCATIONAL MEETINGS OF THE ORGANIZATION WITH PRESENTATIONS BY SUBJECT MATTER EXPERTS. WE ALSO HOSTED A MEETING AT WHICH GRANTEES WERE INVITED TO MAKE PRESENTATIONS AND MEET OUR MEMBER FOUNDATIONS.- TVF PARTICIPATES IN COLLABORATIVE EFFORTS AMONG FUNDERS, INCLUDING THE ENVIRONMENTAL GRANTMAKERS ASSOCIATION, BLUE SKY FUNDERS NETWORK, AND THE CHESAPEAKE BAY FUNDERS NETWORK.
BOARD AND STAFF EDUCATION AND ENGAGEMENT:- BOARD MEMBERS ATTEND EDUCATIONAL CONFERENCES AND LOCAL MEETINGS BY ASSOCIATIONS AND PARTNERS.- BOARD MEMBERS SERVE ON LOCAL ASSOCIATION COMMITTEES AND FUNDERS GROUPS.- TVF HOSTS SUBJECT MATTER EXPERTS ON VARIOUS CONSERVATION ISSUES FOR BOARD EDUCATION. - BOARD AND STAFF MEMBERS PARTICIPATE IN WEBINARS AND TRAININGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernst Volgenau President | 4 | $0 | |
Lisa Volgenau Secretary, Dir & VP Env. | 17 | $61,992 | |
Lauren Volgenau-Knapp Director And Vp, Environme | 17 | $68,261 | |
Jennifer Volgenau Wiley Treas., Dir & VP Admin | 17 | $60,953 | |
Chris Decardy Board Member | 2 | $15,000 | |
Jonathan Kaledin Board Member/executive VP | 20 | $82,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tumalo Creek Partners | 12/30/22 | $70,000 |
Srt Consulting | 12/30/22 | $57,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $19,000,000 |
| Interest on Savings | $34 |
| Dividends & Interest | $192,436 |
| Net Rental Income | $4,720 |
| Net Gain on Sale of Assets | $4,553,515 |
| Capital Gain Net Income | $4,553,515 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $757,173 |
| Total Revenue | $24,507,878 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $471,740 |
| Other employee salaries and wages | $52,116 |
| Pension plans, employee benefits | $5,491 |
| Interest | $27,161 |
| Taxes | $117,320 |
| Depreciation | $7,713 |
| Occupancy | $64,316 |
| Travel, conferences, and meetings | $56,244 |
| Printing and publications | $154 |
| Other expenses | $637,949 |
| Total operating and administrative expenses | $1,747,255 |
| Contributions, gifts, grants paid | $9,823,880 |
| Total expenses and disbursements | $11,571,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $968,552 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,403 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $78,843,382 |
| Net Land, buildings, and equipment | $1,401,688 |
| Other assets | $36,060,928 |
| Total assets | $128,354,104 |
| Accounts payable and accrued expenses | $113,918 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $192,842 |
| Total liabilities | $306,760 |
Grants Awarded
Over the last fiscal year, Volgenau Foundation has awarded $10,073,880 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
ALASKA CONSERVATION FOUNDATION PURPOSE: NORTHERN LATITUDES PARTNERSHIPS: COLLABORATIVE CONSERVATION IN THE RAPIDLY CHANGING NORTH | $175,000 |
ALASKA WILDERNESS LEAGUE PURPOSE: GENERAL SUPPORT TO PROTECT THE ARCTIC REFUGE | $250,000 |
AMERICAN PRAIRIE RESERVE PURPOSE: WILD SKY PROGRAM | $200,000 |
AMERICAN BIRD CONSERVANCY PURPOSE: ADVANCING RESEARCH FOR DECLINING BIRD SPECIES | $25,000 |
APPALACHIAN TRAIL CONSERVANCY PURPOSE: BEYOND BOUNDARIES: THE APPALACHIAN TRAIL AS AN EAST COAST CLIMATE CORRIDOR | $300,000 |
AUDUBON CALIFORNIA A STATE PROGRAM OF THE NATIONAL AUDUBON SOCIETY PURPOSE: AUDUBON CONSERVATION RANCHING AND GRASSLAND BIRD CONSERVATION PROGRAM | $50,000 |