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Virginia · Nonprofit

VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY

VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY (Virginia) receives grants from 17 organizations whose IRS filings report $976,630 to it, the largest being BAYPORT FOUNDATION ($500,000). 11 of them have funded it in more than one year.

Revenue FY2025
$721k
Funders on record
17
Grants received
$977k
Net assets
$3.3M
11/17 repeat funderspeak grant-dependency 65%
01What it does

What Virginia Beach Public Schools Education Foundation and Subsidiary does

Mission

To make a difference in the epublic schools of virginia beach by raising private sector support to fund innovative and creative learning programs and to reward educational exellence using grants to help support pilot programs run by the school system educators.

As stated on its FY2025 Form 990.

Programs

  1. Educational programs - the foundation awarded 69 grants for inovative projects in the current year. The grants were awarded to schools for projects that teachers have designed to enhance student achievement. Grants are awarded up to 20,000 each. 5 teacher of the year awards were also granted in the current year.

    $299,108 spentof which $210,812 as grants
    55% of program spending
  2. Scholarships - the virginia beach education foundation (vbef) manges restricted funds for the purpose of awarding scholarships to graduating seniors in virginia beach city public schools (vbcps). In the current year 10 scholarships were awarded.

    $23,200 spentof which $23,200 as grants
    4% of program spending
  3. Student support - the beach bags program, which provideds shelf-stable food to virginia beach public school students in need of food during weekends and holidays, is a program for which funds are restricted through the foundation. My friend's closet provides clothing to virginia beach public school students in need. Back to school care items are also provided to students. Additional restricted funding designated by donors may also be made to benefit virginia beach students.

    $217,411 spent
    40% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $539,719.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($597k) Expenses 100 ($222k) Net assets 100 ($2.3M)2018 Revenue 71 ($425k) Expenses 115 ($256k) Net assets 106 ($2.4M)2019 Revenue 64 ($382k) Expenses 107 ($237k) Net assets 117 ($2.7M)2020 Revenue 91 ($541k) Expenses 137 ($305k) Net assets 126 ($2.9M)2021 Revenue 64 ($380k) Expenses 117 ($259k) Net assets 137 ($3.2M)2022 Revenue 80 ($476k) Expenses 156 ($347k) Net assets 123 ($2.8M)2023 Revenue 100 ($595k) Expenses 332 ($737k) Net assets 124 ($2.9M)2024 Revenue 106 ($630k) Expenses 325 ($722k) Net assets 127 ($2.9M)2025 Revenue 121 ($721k) Expenses 262 ($582k) Net assets 142 ($3.3M)
'17'18'19'20'21'22'23'24'25
Revenue (121)Expenses (262)Net assets (142)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $3.0M to $3.4M (+11%).

$2.5M
$2.7M
$3.0M
$2.9M
$3.2M
$2.9M
$3.0M
$3.0M
$3.4M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

84% of VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY’s revenue is contributions — more donation-reliant than the typical peer (57% for the typical peer).

This organization
Typical peer · 24,946 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$375k
’17
$169k
’18
$145k
’19
$236k
’20
$121k
’21
$128k
’22
−$142k
’23
−$92k
’24
$139k
’25
8.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed243435383834201820
Joined·+16+9+7+3+7+1+1+4
No longer listed·6843111532
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 7 funders, grant income rose $46k → $67k.

5 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY’s funders (the co-funder graph). Top 14 of 17 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY leans on a few funders — its largest provides 51% of grant income and the top three 79%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

43% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY.

51%
largest funder
79%
top three
~3
effective funders

Largest funder’s share by year: 2017 59% · 2018 69% · 2019 58% · 2020 68% · 2021 31% · 2022 81% · 2023 31% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

38% of VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY's funders are still giving 3 years after their first grant; 65% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY's grant income comes from Virginia funders.

MA
VA
NC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $111k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY runs a healthier operating margin than half of the 16,849 education nonprofits its size.

Operating margin19% · above the median
Months of reserve8.8mo · above the median
Revenue growth (annualized)2% · below the median

this organization peer median middle 50% of peers· 16,849 education nonprofits $100k–$1M, FY2025

Organizations like VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Public support

92%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

VA

Part of a family of 2 related entities

  • Thsb LLC · disregarded
  • Virginia Beach City Public Schools · exempt

Screen this organization

A dated, signed PDF of the compliance screen for VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY?
VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY (Virginia) receives grants from 17 organizations whose IRS filings report $976,630 to it, the largest being BAYPORT FOUNDATION ($500,000). 11 of them have funded it in more than one year.
How many funders does VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY have?
IRS filings report 17 organizations giving $976,630 in grants to VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY, 11 of which have funded it in more than one year.
Who is the largest funder of VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY?
BAYPORT FOUNDATION is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
How can an organization like VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing