Mission
VERTICAL FLIGHT FOUNDATION PROVIDES SCHOLARSHIPS TO INDIVIDUALS STUDYING AT AN ACCREDITED COLLEGE OR UNIVERSITY AND LIKELY TO UNDERTAKE A CAREER IN VERTICAL FLIGHT TECHNOLOGY.
Public Charity
VERTICAL FLIGHT FOUNDATION
VERTICAL FLIGHT FOUNDATION is a nonprofit organization categorized as Public Charity based in FAIRFAX, VA. Its most recent IRS filing (2024) reports revenue of $167K, expenses of $137K, total assets of $1.7M. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $76K.
EIN: 236428319
FAIRFAX, VA
Latest filing: 2024
Total Revenue$167K
Total Expenses$137K
Total Assets$1.7M
Grant Records5
Funding Total$76K
Filing Years2020–2024
Where $100 goes at Vertical Flight Foundation
How Vertical Flight Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$91
Programs
the work itself
$9
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 $91 for programs
$91
Scholarships
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SCHOLARSHIP AWARDS
$17,525
SCHOLARSHIP AWARDS
$25,000
SCHOLARSHIP AWARDS
$14,500
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
EXECUTIVE DIRECTOR
Angelo N Collins
TRUSTEE
David Shilliday
TRUSTEE
Harry Nahatis
TRUSTEE
Kathleen Kj Jolivette
TRUSTEE (LEFT 6/30/24)
Tomasz Krysinski
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $167K | $137K | $1.7M |
| 2023 | $113K | $100K | $1.6M |
| 2022 | $74K | $108K | $1.3M |
| 2021 | $118K | $116K | $1.8M |
| 2020 | $986K | $108K | $1.6M |
Between 2020 and 2024, reported annual revenue declined from $986K to $167K (-83%), with total assets most recently reported at $1.7M.
Interactive year-over-year charts and full filing details available with membership.