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

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.

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

SCHOLARSHIP AWARDS
$57,025 3 grants
Unspecified
$18,888 1 grant

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.

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