Mission
TO SUPPORT MOUNTAIN GATEWAY COMMUNITY COLLEGE BY PURCHASING AND DEVELOPING PROPERTIES THAT WILL BE RENTED BY THE COLLEGE FOR USE AS CLASSROOM SPACES AND TRAINING CENTERS.
Public Charity
MOUNTAIN GATEWAY COMMUNITY COLLEGE REAL ESTATE FOUNDATION
MOUNTAIN GATEWAY COMMUNITY COLLEGE REAL ESTATE FOUNDATION is a Public Charity headquartered in CLIFTON FORGE, VA. Financial data from the 2025 filing: $4.4M revenue, $386K expenses, $7.4M total assets. 2 publicly reported grants to this organization, totaling roughly $305K, appear in IRS filings.
EIN: 823149429
CLIFTON FORGE, VA
Fund Raising & Fund Distribution
NTEE: B12
Latest filing: 2025
Total Revenue$4.4M
Total Expenses$386K
Total Assets$7.4M
Grant Records2
Funding Total$305K
Filing Years2021–2025
Where $100 goes at Mountain Gateway Community College Real Estate Foundation
How Mountain Gateway Community College Real Estate Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$90
Programs
the work itself
$8
Management
running the organization
$2
Fundraising
raising the next dollar
Inside the $90 for programs
$90
Purchase properties in buena vista, va and renovate them in order to create a workforce center that mountain gateway community college can rent from the foundation to deliver…
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 Received
TO SUPPORT VA INFRASTRUCTURE ACADEMY SKILLED TRADES TRAINING PROGRAM.
$300,000
EDUCATION
$5,100
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
EX-OFFICIO
Amy Phillips
EX-OFFICIO
Angela D Graham
PUBLIC DIREC
Donna P Vaughn
PUBLIC DIREC
Janie Harris
SECRETARY
John J Rainone
EX-OFFICIO
John Stone
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.4M | $386K | $7.4M |
| 2024 | $1.3M | $59K | $3.7M |
| 2023 | $460K | $18K | $1.4M |
| 2022 | $118K | $15K | $953K |
| 2021 | $854K | $5K | $850K |
Between 2021 and 2025, reported annual revenue grew from $854K to $4.4M (+414%), with total assets most recently reported at $7.4M.
Interactive year-over-year charts and full filing details available with membership.