Mission
IT IS THE MISSION OF THE VBA EDUCATION FOUNDATION TO ADVANCE PERSONAL FINANCIAL LITERACY ACROSS THE COMMONWEALTH OF VIRGINIA.
Public Charity
VBA EDUCATION FOUNDATION
VBA EDUCATION FOUNDATION, of GLEN ALLEN, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $279K in revenue, $190K in expenses, $2.2M in total assets. IRS filings disclose 24 grants awarded by this foundation, totaling roughly $967K.
EIN: 204943021
GLEN ALLEN, VA
Public Foundations
NTEE: T30
Latest filing: 2025
Total Revenue$279K
Total Expenses$190K
Total Assets$2.2M
Grants Given24
Grant Total$967K
Filing Years2021–2025
Where $100 goes at Vba Education Foundation
How Vba Education Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$94
Programs
the work itself
$6
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $94 for programs
$59
Virginia bank fellows program
$20
The foundation supports financial literacy training and education for K-12 and college students and teachers by providing funding and scholarships to various organizations throughout virginia
$15
Vba bank day scholarship program
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
FUNDING SCHOLARSHIPS FOR UNDERSERVED STUDENTS IN THE COMMUNITY COLLEGE SYSTEM
$110,000
VA PUBLIC SCHOOL EDUCATORS AND FOR UVA WISE
$32,000
FUNDING SCHOLARSHIPS FOR UNDERSERVED STUDENTS IN THE COMMUNITY COLLEGE SYSTEM
$110,000
VA PUBLIC SCHOOL EDUCATORS AND FOR UVA WISE
$32,000
VA READS ONE BOOK-ONE READING EVENT
$7,500
Showing up to 5 of 24 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Brandon C Lorey
PRESIDENT
Bruce T Whitehurst
BOARD MEMBER
Corey Connors
BOARD MEMBER
Dorothy M Welch
CHAIRMAN
Gary R Shook
BOARD MEMBER
Jeffrey M Szyperski
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $279K | $190K | $2.2M |
| 2024 | $195K | $189K | $2.1M |
| 2023 | $402K | $204K | $2.1M |
| 2022 | $346K | $206K | $1.9M |
| 2021 | $211K | $88K | $1.7M |
Between 2021 and 2025, reported annual revenue grew from $211K to $279K (+32%), with total assets most recently reported at $2.2M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in VA.
VA
Full geographic grant map with state-by-state breakdown available with membership.