Dairy Foundation Of Virginia Inc

Organization Overview

Dairy Foundation Of Virginia Inc is located in Bridgewater, VA. The organization was established in 1963. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dairy Foundation Of Virginia Inc 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 12/2023, Dairy Foundation Of Virginia Inc generated $57.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $37.8k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE SUSTAINABILITY OF THE DAIRY CATTLE INDUSTRY BY PROVIDING SCHOLARSHIP AND OTHER SUPPORT TO DESERVING STUDENTS AND ORGANIZATIONS AFFILIATED WITH VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP FUNDING, AWARDS, AND OTHER SUPPORT OF VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Robert Pemberton
President
$0
Rebecca Daubert
First Vice President
$0
Kevin Phillips
Second Vice President
$0
Paula Craun
Director
$0
Rena Johnson
Director
$0
Eric Paulson
Secretary/treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$13,261
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$21,761
Total Program Service Revenue$0
Investment income $12,698
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $22,986
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $57,445

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