Valor Awards Scholarship Fund Inc
- Assets
- $252.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tysons Corner, VA
- Founding
- 11/1990
- Data as of
- 12/2019
- EIN
- 62-1416486
Organization Overview
Valor Awards Scholarship Fund Inc is located in Tysons Corner, VA. The organization was established in 1990. 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. Valor Awards Scholarship Fund 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 12/2019, Valor Awards Scholarship Fund Inc generated $1.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $18.5k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
THE VALOR AWARDS SCHOLARSHIP FUND WAS ESTABLISHED IN 1989 FOR THE PURPOSE OF ESTABLISHING AND MANAGING A SCHOLARSHIP FUND, WHICH PROVIDES POST-SECONDARY EDUCATIONAL GRANTS TO THE CHILDREN OF MEDAL OF VALOR RECIPIENTS. THE CHILDREN OF THE NEARLY 450 POLICE OFFICERS, FIREFIGHTERS, AND SHERIFF'S DEPUTIES WHO HAVE RECEIVED MEDALS OF VALOR FOR THEIR HEROIC ACTS ARE ELIGIBLE FOR THE SCHOLARSHIPS. DURING THE NEXT FIVE YEARS THE VALOR FUND HOPES TO DISTRIBUTE MORE THAN $50,000 IN POST-SECONDARY EDUCATION GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Biggar Trustee | 0.5 | $0 | |
Julie Coons Trustee | 0.5 | $0 | |
Anna Northcutt Trustee | 0.5 | $0 | |
Todd Rowley Trustee | 0.5 | $0 | |
Luanne Gutermuth Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,812 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,812 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,481 |
| Total expenses | $18,481 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $252,532 |
| Other assets | $0 |
| Total assets | $252,532 |
| Total liabilities | $0 |
| Net assets or fund balances | $252,532 |
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