Vubay Foundation
- Assets
- $1.8m
- Revenue
- $103.4k
- Investments
- $1.5m
- Employees
- 0
- Location
- Hampton, VA
- Founding
- 05/1997
- Data as of
- 06/2024
- EIN
- 54-1840750
Organization Overview
Vubay Foundation is located in Hampton, VA. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vubay 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 06/2024, Vubay Foundation generated $103.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $63.5k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Vubay Foundation has awarded 88 individual grants totaling $1,342,995. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert F Shuford President | 0.15 | $0 | |
Sandra Routten Treasurer | 0.15 | $0 | |
Eugene M Jordan II VP & Secretary | 0.15 | $0 | |
Mario Stellutte Director | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $41 |
| Dividends & Interest | $103,349 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,390 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,567 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $536 |
| Total operating and administrative expenses | $5,963 |
| Contributions, gifts, grants paid | $57,500 |
| Total expenses and disbursements | $63,463 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $217,648 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $7,547 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,756,977 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Vubay Foundation has awarded $57,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTOPHER NEWPORT UNIVERSITY PURPOSE: GENERAL EDUCATIONAL PURPOSES | $10,000 |
HAMPTON EDUCATIONAL FOUNDATION PURPOSE: GENERAL EDUCATIONAL PURPOSES | $10,000 |
GRACE EPISCOPAL DAY SCHOOL PURPOSE: GENERAL EDUCATIONAL PURPOSES | $2,500 |
PENINSULA SPCA PURPOSE: GENERAL EDUCATIONAL PURPOSES | $2,500 |
ST MARY STAR OF THE SEA SCHOOL PURPOSE: GENERAL EDUCATIONAL PURPOSES | $30,000 |
VA COLLEGE FUND PURPOSE: GENERAL EDUCATIONAL PURPOSES | $2,500 |