Small Public Charity

VAI Foundation Inc

Based in Alexandria, VA, VAI Foundation Inc operates as a Small Public Charity. The organization reported $24K in revenue, $268 in expenses, $11K in total assets for fiscal year 2024. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $815K.

EIN: 521297129 Alexandria, VA Latest filing: 2024
Total Revenue$24K
Total Expenses$268
Total Assets$11K
Grant Records3
Funding Total$815K
Filing Years2020–2024

Mission

The VAI Foundation, Inc. (the Foundation) is organized to promote helicopter safety and education, and to preserve historical data relating to the history and development of the helicopter.

Where $100 goes at VAI Foundation Inc

How VAI Foundation Inc divides every $100 it spends, from its own Form 990-EZ filings, averaged across 7 years.

$25 Programs the work itself
$75 Everything else operations and overhead

Form 990-EZ reports program spending but doesn't separate management from fundraising, so those are shown together.

Inside the $25 for programs

$25
Scholarships
All program spending
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Source: Form 990-EZ filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Assistant Treasurer Brian Jorgenson
Director David Mccoll
Legal Advisor H Bryan Brewer Iii
President and CEO James Viola
Vice Chair Mark Schlaefli
Chair Nicole Battjes

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$100,000 1 grant
Unspecified
$715,130 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $24K $268 $11K
2023 $608K $390 $43K
2022 $44K $22K $18K
2021 $22K $159K $479K
2020 $68K $200K $548K

Between 2020 and 2024, reported annual revenue declined from $68K to $24K (-65%), with total assets most recently reported at $11K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for VAI Foundation Inc

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