VIRGINIA BEACH LIBRARY FOUNDATION: Form 990, tax year 2024
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- Organization
- VIRGINIA BEACH LIBRARY FOUNDATION (EIN 27-3077402)
- Tax period
- 2024-07-01 to 2025-06-30
- Filed
- 2025-10-14
- IRS object ID
- 202522879349301307
- Schema version
- 2024v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-14T12:08:12-04:00 | ReturnTs |
| Tax Period End | 2025-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541447170 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEWART & COMPANY | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2940 N LYNNHAVEN RD | AddressLine1Txt |
| City | VIRGINIA BEACH | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23452 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273077402 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA BEACH LIBRARY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VIRG | BusinessNameControlTxt |
| Phone | 7573858128 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2416 COURTHOUSE DRIVE BLDG 19 | AddressLine1Txt |
| City | VIRGINIA BEACH | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23456 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIMBERLY KNIGHT | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 7573858128 | PhoneNum |
| Signature | 2025-10-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | W KEVIN STEWART CPA | PreparerPersonNm |
| PTIN | P01426435 | PTIN |
| Phone | 7574860114 | PhoneNum |
| Preparation | 2025-10-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KIMBERLY KNIGHT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2416 COURTHOUSE DRIVE BLDG 19 | AddressLine1Txt |
| City | VIRGINIA BEACH | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23456 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $146,350 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VBLIBRARYFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2009 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | THE VIRGINIA BEACH LIBARY FOUNDATION'S MISSION IS TO SECURE, MANAGE, AND INVEST PUBLICLY RAISED FUNDS, GIFTS, AND BEQUESTS IN SUPPORT OF VIRGINIA BEACH LIBRARIES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $77,857 | PYContributionsGrantsAmt |
| CY Contributions Grants | $77,842 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $80,508 | PYInvestmentIncomeAmt |
| CY Investment Income | $68,212 | CYInvestmentIncomeAmt |
| CY Other Revenue | $296 | CYOtherRevenueAmt |
| PY Total Revenue | $158,365 | PYTotalRevenueAmt |
| CY Total Revenue | $146,350 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $6,809 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $239,513 | PYOtherExpensesAmt |
| CY Other Expenses | $112,750 | CYOtherExpensesAmt |
| PY Total Expenses | $239,513 | PYTotalExpensesAmt |
| CY Total Expenses | $112,750 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$81,148 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $33,600 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,957,515 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,127,651 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $302,471 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $336,097 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,655,044 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,791,554 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE VIRGINIA BEACH LIBARY FOUNDATION'S MISSION IS TO SECURE, MANAGE, AND INVEST PUBLICLY RAISED FUNDS, GIFTS, AND BEQUESTS IN SUPPORT OF VIRGINIA BEACH LIBRARIES. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $76,650 | ExpenseAmt |
| Desc | SUPPORT OF VIRGINIA BEACH PUBLIC LIBRARY'S YOUTH AND FAMILY SERVICES PROGRAMMING, INCLUDING THE SUMMER READING CHALLENGE | Desc |
| Total Program Service Expenses | $76,650 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | Yes (true) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KIMBERLY KNIGHT | PersonNm |
| Phone | 7573858128 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2416 COURTHOUSE DRIVE BLDG 19 | AddressLine1Txt |
| City | VIRGINIA BEACH | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23456 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|
| MALEAH AMOS | |||||
| MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 |
| CHELLE DAVIS | |||||
| MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 |
| MORRIS H FINE ESQ | |||||
| MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 |
| ROBERT G KREBS JR | |||||
| MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 |
| KIRKLAND MOLLOY KELLEY | |||||
| MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 |
| KIMBERLY KNIGHT | |||||
| EXECUTIVE DI | 0.50 | Yes (X) | $0 | $0 | $0 |
| JOHN MILISITZ | |||||
| MEMBER | 0.50 | Yes (X) | $0 | $0 | $0 |
| NANCY OLIVER | |||||
| TREASURER | 0.50 | Yes (X) | $0 | $0 | $0 |
| MARCY SIMS | |||||
| VICE PRESIDE | 0.50 | Yes (X) | $0 | $0 | $0 |
| MICHELLE SWEEZEY | |||||
| PRESIDENT | 0.50 | Yes (X) | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| All Other Contributions | $77,842 | AllOtherContributionsAmt |
| Total Contributions | $77,842 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $38,537 | TotalRevenueColumnAmt |
| Exclusion | $38,537 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $29,675 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $29,675 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $29,675 | TotalRevenueColumnAmt |
| Exclusion | $29,675 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER INCOME | Desc |
| Total Revenue Column | $296 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $296 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $296 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $146,350 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $296 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $68,212 | ExclusionAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,200 | TotalAmt |
| Management And General | $7,200 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,666 | TotalAmt |
| Management And General | $10,666 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,500 | TotalAmt |
| Program Services | $2,500 | ProgramServicesAmt |
| Management And General | $1,000 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,357 | TotalAmt |
| Program Services | $1,099 | ProgramServicesAmt |
| Management And General | $2,258 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $225 | TotalAmt |
| Program Services | $120 | ProgramServicesAmt |
| Fundraising | $105 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|---|
| SUPPLIES | $45,077 | $44,770 | $307 | |
| EDUCATION | $22,694 | $22,694 | ||
| SUBSCRIPTIONS | $5,410 | $615 | $4,795 | |
| MEALS | $3,588 | $43 | $3,347 | $198 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,033 | TotalAmt |
| Program Services | $4,809 | ProgramServicesAmt |
| Management And General | $3,174 | ManagementAndGeneralAmt |
| Fundraising | $3,050 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,750 | TotalAmt |
| Program Services | $76,650 | ProgramServicesAmt |
| Management And General | $29,291 | ManagementAndGeneralAmt |
| Fundraising | $6,809 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $191,641 | BOYAmt |
| EOY | $166,678 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,761,874 | BOYAmt |
| EOY | $1,956,973 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,000 | BOYAmt |
| EOY | $4,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,957,515 | BOYAmt |
| EOY | $2,127,651 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $535 | BOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $301,936 | BOYAmt |
| EOY | $336,097 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $302,471 | BOYAmt |
| EOY | $336,097 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,664 | BOYAmt |
| EOY | $99,551 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,566,380 | BOYAmt |
| EOY | $1,692,003 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,655,044 | BOYAmt |
| EOY | $1,791,554 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,957,515 | BOYAmt |
| EOY | $2,127,651 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $33,600 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $102,910 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $61,116 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $65,324 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $71,165 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $77,857 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,045 | CurrentTaxYearAmt |
| Total | $325,507 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $61,116 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $65,324 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $71,165 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $77,857 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,045 | CurrentTaxYearAmt |
| Total | $325,507 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $325,507 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $26,817 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $33,917 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,911 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $32,935 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $68,212 | CurrentTaxYearAmt |
| Total | $190,792 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $296 | CurrentTaxYearAmt |
| Total | $296 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $516,595 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $296 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.63010 | PublicSupportCY170Pct |
| Public Support PY170 | 0.66660 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART II, LINE 10 | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME 296 | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | false | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (true) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,761,874 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $181,418 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $10,666 | AdministrativeExpensesAmt |
| End Year Balance | $1,620,874 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,622,488 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $194,214 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $10,303 | AdministrativeExpensesAmt |
| End Year Balance | $1,761,874 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,518,509 | BeginningYearBalanceAmt |
| Contributions | $71,164 | ContributionsAmt |
| Investment Earnings Or Losses | $157,802 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $78,474 | OtherExpendituresAmt |
| Administrative Expenses | $46,512 | AdministrativeExpensesAmt |
| End Year Balance | $1,622,488 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,739,499 | BeginningYearBalanceAmt |
| Contributions | $65,324 | ContributionsAmt |
| Investment Earnings Or Losses | -$200,688 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $61,117 | OtherExpendituresAmt |
| Administrative Expenses | $24,510 | AdministrativeExpensesAmt |
| End Year Balance | $1,518,508 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,433,883 | BeginningYearBalanceAmt |
| Contributions | $61,115 | ContributionsAmt |
| Investment Earnings Or Losses | $356,016 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $70,588 | OtherExpendituresAmt |
| Administrative Expenses | $40,927 | AdministrativeExpensesAmt |
| End Year Balance | $1,739,499 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE D, PAGE 2, PART IV, LINE 2B | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION HOLDS FUNDS AS INTERMEDIARY FOR A SEPARATE ORGANIZATION - THE FRIENDS OF THE LIBRARY, AS PART OF ITS ENDOWMENT INVESTMENTS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 6, PART VI, LINE 11B | THE BOARD OF DIRECTORS REVIEW AND APPROVE FORM 990 BEFORE IT IS FILED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE FOUNDATION BY-LAWS REQUIRE DIRECTORS TO COMPLY WITH ALL VIRGINIA AND LOCAL LAW CONCERNING CONFLICT OF INTEREST TRANSACTIONS AS DEFINED IN VA CODE SECTION 13.1-871. DIRECTORS MUST DISCLOSE ACTUAL OR POTENTIAL CONFLICTS TO THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FOUNDATION MAKES IT'S FORM 990 AVAILABLE ON GUIDESTAR.ORG, AS WELL AS UPON REQUEST. |
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