2024-03-27T10:56:05Z 2021-12-31 990 2021-01-01 232925319 THE VIRTU FOUNDATION INC VIRT PO Box 5212 Charlottesville VA 22905 Curtis Peterson President 2024-03-27 2021 2023-04-26 12:10:37Z X Curtis Peterson 2697 Browns Gap Turnpike Charlottesville VA 22901 264231 false X virtufound.org X 1997 MD The Foundation provides, to talented and needy young musicians, sringed instruments of a quality that will enhance their careers in music 7 7 0 7 0 0 0 28386 28720 235766 44 79 26 0 28790 264231 0 0 12883 17250 0 0 0 0 0 14840 16109 27723 33359 1067 230872 1787094 2012519 1391790 1391790 395304 620729 The Foundation provides, to talented and needy young musicians, sringed instruments of a quality that will enhance their careers in music false false 71130 33360 235766 The Foundation has only one program; it provides stringed instruments to qualified young musicians. The Foundation has no paid staff, all needed work is accomplished by volunteer members of the Board of Directors. The major source of revenue is from the receipt of donated instruments for which no funds or services are provided. Instruments loaned to the Foundation are its only liability as they are subject to be returned at the lender's request. In fiscal 2021 over fifty five students were provided with instruments on loan. Placements are made strictly on the basis of need. 33360 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true X 0 0 false 0 false false false false false false false false false false false false false false false false 0 0 0 0 false false false false false X 7 7 false false false false false false false true true false false true false false false false false false X Curtis F Peterson 4348231440 2697 Browns Gap Turnpike Charlottesville VA 22901 X Curtis Peterson President 10.00 X X 0 0 0 Anne E Chapin Secretary 2.00 X X 0 0 0 Jerry Short Director 1.00 X 0 0 0 George Leaman Director 1.00 X 0 0 0 Susanne Mueller-Grote Director 2.00 X 0 0 0 Joel Mostrom Diorector 1.00 X 0 0 0 Karen Mostrom Director 1.00 X 0 0 0 0 0 0 0 false false false 0 28386 207380 28386 Scholarships 813211 235766 235766 235766 79 79 264231 235845 0 0 17250 17250 457 457 6814 6814 8838 8838 33359 33359 0 0 29937 25715 1686 3483 1326850 1331200 4221 4221 424400 647900 1787094 2012519 1391790 1391790 1391790 1391790 0 0 X 0 0 0 395304 620729 395304 620729 1787094 2012519 230872 X false false false X 0 0 0 0 3538 28721 235766 268025 0 0 3538 28721 235766 268025 0 0 0 0 0 0 0 0 0 0 0 0 268025 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3538 28721 235766 268025 X 1.00000 0.00000 0.00000 0.00000 X false Part V, Line 3b The Foundation has no employees. Part VI, Line 11b Copies provided at Board of Directors meeting. Part VI, Line 19 Documents provided upon request from the public. Financial statements posted on website. On 3/8/24, by letter, the IRS, Department of Tax Exempt Entities, concluded that The Virtu Foundation should have filed a long form 990 instead of a postcard 990 for fiscal year 2021. This submission is complying with that request..