Volgenau Foundation
- Assets
- $0.0
- Revenue
- $63.0m
- Investments
- $60.4m
- Employees
- 0
- Location
- Mclean, VA
- Founding
- 08/1995
- Data as of
- 12/2020
- 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 12/2020, Volgenau Foundation generated $63.0m in total revenue. All expenses for the organization totaled $13.7m during the year ending 12/2020. While expenses have increased by 87.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Volgenau Foundation has awarded 413 individual grants totaling $61,972,301. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 2021 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 |
|---|---|---|---|
Andrea Pearl Executive Director | 40 | $178,740 | |
Jennifer Volgenau Wiley Director And Vp, Administr | 17 | $56,842 | |
Lauren Volgenau-Knapp Director And Vp, Environme | 17 | $56,185 | |
Lisa Volgenau Director And Vp, Environme | 17 | $55,368 | |
Ernst Volgenau President | 4 | $0 | |
Sara L Volgenau Secretary & Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $57,000,000 |
| Interest on Savings | $402 |
| Dividends & Interest | $65,947 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,490,470 |
| Total Revenue | $62,996,362 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $316,545 |
| Pension plans, employee benefits | $1,427 |
| Depreciation | $7,600 |
| Occupancy | $62,062 |
| Travel, conferences, and meetings | $8,711 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,407,240 |
| Contributions, gifts, grants paid | $12,325,000 |
| Total expenses and disbursements | $13,732,240 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $34,496,512 |
| Other assets | $37,304,516 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Volgenau Foundation has awarded $9,974,180 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: INITIATIVE FOR BOLD CLIMATE ACTION | $894,180 |
New York, NY PURPOSE: PLASTIC SOLUTIONS FUND & SHARK CONSERVATION FUND | $750,000 |
THE NATURE CONSERVANCY OF CALIFORNIA PURPOSE: DANGERMOND HOUSE RESTORATION & SIERRA BIRD MONITORING | $575,000 |
Bozeman, MT PURPOSE: PROTECTING THE ELUSIVE WOLVERINE: LARGE LANDSCAPE CONNECTIVITY | $550,000 |
Bozeman, MT PURPOSE: PROTECTING THE ENGINE OF THE ECOSYSTEM: GREATER YELLOWSTONE WILDLIFE MIGRATIONS | $500,000 |
NATUREBRIDGE- WEST COAST PURPOSE: RE-EMERGENCE: POST PANDEMIC RECOVERY | $500,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Volgenau Foundation has recieved totaling $180,000.
| Awarding Organization | Amount |
|---|---|
The Fuller Foundation Pasadena, CA PURPOSE: GENERAL SUPPORT | $180,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wilderness Society Washington, DC | $92,421,140 | $42,014,694 |
Volgenau Foundation Mclean, VA | $0 | $62,996,362 |
Southern Appalachian Highlands Conservancy Asheville, NC | $74,900,022 | $12,655,425 |
Piedmont Environmental Council Warrenton, VA | $11,176,423 | $6,128,085 |
Ward Burton Wild Life Foundation Halifax, VA | $25,797,227 | $8,618,554 |
Mainspring Conservation Trust Inc Franklin, NC | $16,628,331 | $8,106,773 |
Conserving Carolina Hendersonville, NC | $28,294,759 | $6,454,871 |
Blue Ridge Conservancy Boone, NC | $19,039,159 | $5,980,472 |
North Carolina Coastal Land Trust Wilmington, NC | $57,014,249 | $7,074,843 |
Three Rivers Land Trust Inc Salisbury, NC | $28,118,166 | $3,204,068 |
Land Trust For Tennessee Inc Nashville, TN | $24,045,092 | $4,129,324 |
Land Preservation Trust Inc Cockeysville, MD | $3,484,964 | $2,822,614 |