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        <BusinessNameLine1Txt>BROWN EDWARDS &amp; COMPANY LLP</BusinessNameLine1Txt>
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        <AddressLine1Txt>1909 FINANCIAL DRIVE</AddressLine1Txt>
        <CityNm>HARRISONBURG</CityNm>
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      <PreparerPersonNm>JAMES R FRIES</PreparerPersonNm>
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      <FormationYr>1994</FormationYr>
      <LegalDomicileStateCd>VA</LegalDomicileStateCd>
      <ActivityOrMissionDesc>TO SUPPORT LEARNING BY SECURING FINANCIAL CONTRIBUTIONS AND EDUCATIONAL RESOURCES THAT BENEFIT THE STUDENTS AND TEACHERS OF ROCKINGHAM COUNTY PUBLIC SCHOOLS.</ActivityOrMissionDesc>
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      <MissionDesc>TO SUPPORT LEARNING BY SECURING FINANCIAL CONTRIBUTIONS AND EDUCATIONAL RESOURCES THAT BENEFIT THE STUDENTS AND TEACHERS OF ROCKINGHAM COUNTY PUBLIC SCHOOLS.</MissionDesc>
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      <Desc>SCHOLARSHIPS ARE PROVIDED UPON STRICT CRITERIA, AFTER SUBSTANTIAL REVIEW BY A COMMITTEE TO DETERMINE AWARDS. DUE CARE IS FOLLOWED TO AVOID CONFLICTS OF INTEREST WITH BOARD MEMBERS AND OFFICERS OF THE SCHOOL AND FOUNDATION. DURING THE SPRING OF 2023, REFI AWARDED 86 SCHOLARSHIPS TO 62 GRADUATING SENIORS FROM ROCKINGHAM COUNTY PUBLIC HIGH SCHOOLS.</Desc>
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        <GrantAmt>47877</GrantAmt>
        <Desc>EDUCATION GRANTS ARE AWARDED TO DESERVING TEACHERS WHO APPLY FOR AND RECEIVE REIMBURSEMENTS FOR EXPENSES FOR PROVIDING AN INNOVATIVE IDEA IN TEACHING STUDENTS. GRANT APPLICATIONS ARE ADVERTISED AND ACCEPTED ONE TO TWO TIMES PER YEAR, ONCE IN THE FALL AND ONCE IN THE SPRING, IF FUNDING ALLOWS. 150 APPLICATIONS ARE RECEIVED EACH YEAR WITH AWARDS BEING GIVEN TO APPROXIMATELY 80 GRANT RECIPIENTS.</Desc>
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        <Desc>TEACHER, STAFF AND ADMINISTRATION RECOGNITION PROGRAMS; EACH SPRING, REFI FACILITATES THE COORDINATION OF THE TEACHER OF THE YEAR PROGRAM IN EACH OF THE 24 ROCKINGHAM COUNTY PUBLIC SCHOOLS. REFI RECOGNIZES THESE INDIVIDUALS DURING A CELEBRATION RECEPTION IN THE SPRING. MEMBERS OF A COMMITTEE FROM REFI'S BOARD OF DIRECTORS SELECT ONE TEACHER AS THE "LUCY SIMMS EDUCATOR OF THE YEAR" RECIPIENT. THIS INDIVIDUAL REPRESNTS ROCKINGHAM COUNTY PUBLIC SCHOOLS DURING THE VIRGINIA DEPARTMENT OF EDUCATION'S "TEACHER OF THE YEAR SELECTION PROCESS.</Desc>
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        <PersonNm>VICTORIA LANDIS</PersonNm>
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        <PersonNm>AARON GREEN</PersonNm>
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        <PersonNm>VICTORIA LANDIS</PersonNm>
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        <ManagementAndGeneralAmt>1742</ManagementAndGeneralAmt>
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        <Desc>PROGRAM EXPENSES</Desc>
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        <ProgramServicesAmt>50101</ProgramServicesAmt>
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      <TotalFunctionalExpensesGrp>
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        <EOYAmt>550</EOYAmt>
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        <EOYAmt>3000</EOYAmt>
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      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
      <NoDonorRestrictionNetAssetsGrp>
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      </NoDonorRestrictionNetAssetsGrp>
      <DonorRestrictionNetAssetsGrp>
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      <TotLiabNetAssetsFundBalanceGrp>
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        <EOYAmt>4377303</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>-259784</ReconcilationRevenueExpnssAmt>
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      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>0</FSAuditedInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
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        <CurrentTaxYearMinus1YearAmt>633418</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>308283</CurrentTaxYearAmt>
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      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
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    <IRS990ScheduleB documentId="RetDoc1234500001">
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        <ContributorBusinessName>
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        </ContributorBusinessName>
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        <AdministrativeExpensesAmt>19766</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>4399803</EndYearBalanceAmt>
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      </CYMinus3YrEndwmtFundGrp>
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        <AdministrativeExpensesAmt>10324</AdministrativeExpensesAmt>
        <EndYearBalanceAmt>1654199</EndYearBalanceAmt>
      </CYMinus4YrEndwmtFundGrp>
      <BoardDesignatedBalanceEOYPct>0.69520</BoardDesignatedBalanceEOYPct>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>ENDOWMENT FUNDS ARE SET ASIDE FOR EDUCATIONAL GRANTS AND STUDENT SCHOLARSHIPS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
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      <FundraisingEventInformationGrp>
        <Event1Nm>GOLF OUTING</Event1Nm>
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        <CharitableContriEvent1Amt>20782</CharitableContriEvent1Amt>
        <GrossRevenueEvent1Amt>6790</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>4726</OtherDirectExpensesEvent1Amt>
        <Event2Nm>ANNUAL AUCTION &amp; RAFFLE</Event2Nm>
        <GrossReceiptsEvent2Amt>79898</GrossReceiptsEvent2Amt>
        <CharitableContriEvent2Amt>52219</CharitableContriEvent2Amt>
        <GrossRevenueEvent2Amt>27679</GrossRevenueEvent2Amt>
        <NonCashPrizesEvent2Amt>24120</NonCashPrizesEvent2Amt>
        <FoodAndBeverageEvent2Amt>11254</FoodAndBeverageEvent2Amt>
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        <GrossReceiptsTotalAmt>107470</GrossReceiptsTotalAmt>
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        <GrossRevenueTotalEventsAmt>34469</GrossRevenueTotalEventsAmt>
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        <FoodAndBeverageTotalEventsAmt>11254</FoodAndBeverageTotalEventsAmt>
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    </IRS990ScheduleG>
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      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <RecipientTable>
        <RecipientBusinessName>
          <BusinessNameLine1Txt>ROCKINGHAM COUNTY PUBLIC SCHOOLS</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>100 MT CLINTON PIKE</AddressLine1Txt>
          <CityNm>HARRISONBURG</CityNm>
          <StateAbbreviationCd>VA</StateAbbreviationCd>
          <ZIPCd>22802</ZIPCd>
        </USAddress>
        <RecipientEIN>546001584</RecipientEIN>
        <IRCSectionDesc>COUNTY GOVT</IRCSectionDesc>
        <CashGrantAmt>47877</CashGrantAmt>
        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>INNOVATIVE IDEA GRANTS TO 24 AREA SCHOOLS</PurposeOfGrantTxt>
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      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>SCHOLARSHIPS</GrantTypeTxt>
        <RecipientCnt>89</RecipientCnt>
        <CashGrantAmt>128276</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>TEACHER RECOGNITION AWARDS</GrantTypeTxt>
        <RecipientCnt>53</RecipientCnt>
        <CashGrantAmt>9858</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>EARLY LITERACY-BOOKS</GrantTypeTxt>
        <RecipientCnt>800</RecipientCnt>
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      </GrantsOtherAsstToIndivInUSGrp>
    </IRS990ScheduleI>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>COPIES OF FORM 990 ARE PROVIDED TO BOARD OF DIRECTORS FOR RESPONSES BEFORE FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>ANNUAL CONFLICT OF INTEREST STATEMENTS ARE SECURED FROM EACH MEMBER AND NOTICE GIVEN THAT ANY CHANGE IN STATUS IS TO BE REPORTED WITHIN 10 DAYS OF CHANGE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>PROVIDED TO BOARD OF DIRECTORS MONTHLY AND MADE AVAILABLE TO PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>
