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Nonprofit · EIN 54-6031332

VIRGINIA FORESTRY EDUCATIONAL FOUNDATION

Tax-exempt · RICHMOND, VA 23219

Financials

$349K$398K2023$859K$434K2024
Revenue Expenses · by fiscal year end
Financials of VIRGINIA FORESTRY EDUCATIONAL FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$859,152$434,147$425,005$10,395,744$0$10,395,744
December 31, 2023990$349,442$397,547-$48,105$9,008,611$189$9,008,422
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$80,013
Program service revenue
$0
Investment income
$779,139
Net gain from sales of assets
$415,298
Other revenue
$0

Expenses

Grants and similar amounts paid
$326,251
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$28,175
Occupancy
$999
Travel
$194
Program services (functional)
$341,862
Management and general (functional)
$87,852
Fundraising (functional)
$4,433

Balance sheet and other

Total assets, start of year
$9,008,611
Total assets, end of year
$10,395,744
Total liabilities, end of year
$0
Net assets, end of year
$10,395,744
Publicly traded securities
$10,040,737
Net assets without donor restrictions
$6,704,723
Net assets with donor restrictions
$3,691,021
Gross receipts
$1,412,407
Employees
0
Year formed
1958
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LAVAN DAUBERMANVICE PRESIDE
Trustee or director, Officer
5$0
MATT DOWDYDIRECTOR
Trustee or director
2$0
PALMER DUGGERDIRECTOR
Trustee or director
2$0
BRAD FULLERSECRETARY
Trustee or director, Officer
2$0
MIKE HINCHERDIRECTOR
Trustee or director
2$0
BETH HUTCHINSTREASURER
Trustee or director
2$0
E GLEN WORRELL JRDIRECTOR
Trustee or director
2$0
REASTON LOVINGDIRECTOR
Trustee or director
2$0
KEN MORGANPRESIDENT
Trustee or director, Officer
5$0
CAROLYN MULLIGANDIRECTOR
Trustee or director
2$0
DR JAY SULLIVANDIRECTOR
Trustee or director
2$0
JAMES YOUNGBLOODDIRECTOR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
LAVAN DAUBERMANVICE PRESIDE
Trustee or director, Officer
5$0
MATT DOWDYDIRECTOR
Trustee or director
2$0
BRAD FULLERSECRETARY
Trustee or director, Officer
2$0
MIKE HINCHERDIRECTOR
Trustee or director
2$0
BETH HUTCHINSDIRECTOR
Trustee or director
2$0
E GLEN WORRELL JRDIRECTOR
Trustee or director
2$0
REASTON LOVINGDIRECTOR
Trustee or director
2$0
SHANNON MCCABEDIRECTOR
Trustee or director
2$0
KEN MORGANPRESIDENT
Trustee or director, Officer
5$0
CAROLYN MULLIGANDIRECTOR
Trustee or director
2$0
DR JAY SULLIVANDIRECTOR
Trustee or director
2$0
JAMES YOUNGBLOODTREASURER
Trustee or director, Officer
2$0

Address and contacts

Address (IRS master file)
800 E CANAL ST, RICHMOND, VA 23219-3916
Principal officer (990 for 2024)
KEN MORGAN, P O BOX 25, RED OAK, VA 23964
Signed the 990
KEN MORGAN, PRESIDENT
Phone
(804) 278-8733
Return prepared by
LANE & ASSOCIATES PC

Mission

PROVIDE PERMANENT FINANCIAL SUPPORT FOR THE CHARITABLE, EDUCATIONAL AND RESEARCH ACTIVITIES OF THE VIRGINIA FORESTRY AND FOREST PRODUCT COMMUNITIES.

990 for the year ended December 31, 2024

Program accomplishments

  • STUDENT SCHOLARSHIPS - VIRGINIA FORESTRY EDUCATIONAL FOUNDATION (VFEF) CONTRIBUTES BOARD APPROVED FUNDS TO VIRGINIA TECH'S FORESTRY SCHOOL AND RELIES ON THE SCHOOL'S JUDGEMENT AS TO WHO SHOULD RECEIVE THE INDIVIDUAL SCHOLARSHIPS. VIRGINIA TECH SENDS A LIST OF RECIPIENTS TO VFEF TO SUPPORT THE SCHOLARSHIP DISBURSEMENT.
    Expenses $192,217 · grants $182,606
  • SPECIAL EDUCATIONAL PROJECTS - REPRESENTS VARIOUS PRIZES AND AWARDS GIVEN TO 4-H, INTERNET WOODY PLANTS AND YOUTH EDUCATION, TEACHERS TOURS SE VIRGINIA, AND HOLIDAY LAKE FORESTRY CAMP FOR ACTIVITIES. THESE GROUPS SPONSOR ACTIVITIES RELATING TO THE FORESTRY INDUSTRY, CONSERVATION, SERVICES TO EDUCATE YOUTH ABOUT THE IMPORTANCE OF ENVIRONMENTAL AND FOREST PRODUCTS, AND OTHER RELATED EXPENSES.
    Expenses $129,012 · grants $127,645
  • PROJECT LEARNING TREE - A PROJECT UNDERTAKEN FOR THE PURPOSE OF CONDUCTING TRAINING WORKSHOPS FOR SCHOOL TEACHERS AND FOR PROVIDING FORESTRY EDUCATIONAL MATERIALS TO SCHOOLS IN VIRGINIA.
    Expenses $16,000 · grants $16,000
  • STRATEGIC CONFERENCE RETREAT
    Expenses $4,633

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-6031332
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1962
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,395,744
Income (IRS master file)
$1,412,407

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$859,152$434,147$10,395,744XML
990December 2023$349,442$397,547$9,008,611XML
990December 2022$331,671$327,801$7,927,370IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-6031332).

Questions about VIRGINIA FORESTRY EDUCATIONAL FOUNDATION

What is the EIN of VIRGINIA FORESTRY EDUCATIONAL FOUNDATION?
The employer identification number (EIN) of VIRGINIA FORESTRY EDUCATIONAL FOUNDATION is 54-6031332.
Is VIRGINIA FORESTRY EDUCATIONAL FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Are donations to VIRGINIA FORESTRY EDUCATIONAL FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRGINIA FORESTRY EDUCATIONAL FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VIRGINIA FORESTRY EDUCATIONAL FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIRGINIA FORESTRY EDUCATIONAL FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of VIRGINIA FORESTRY EDUCATIONAL FOUNDATION?
The 990 for the year ended December 31, 2024 names KEN MORGAN.
Who are the officers and directors of VIRGINIA FORESTRY EDUCATIONAL FOUNDATION?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does VIRGINIA FORESTRY EDUCATIONAL FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $859,152, expenses of $434,147 and total assets of $10,395,744 at year end.

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