Nonprofit · EIN 88-0874793
VIRGA FOUNDATION
Tax-exempt · WILMINGTON, DE 19809
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $457,314 | $836,048 | -$378,734 | $9,532,601 | $0 | $9,532,601 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $260,394
- Interest
- $36,136
- Net gain from sales of assets
- $149,694
- Other income
- $11,090
Expenses
- Grants and similar amounts paid
- $668,900
- Compensation of officers, directors and key employees
- $35,833
- Salaries, compensation and benefits (total)
- $47,595
- Disbursements for charitable purposes
- $831,094
- Excise tax on investment income
- $6,351
Balance sheet and other
- Total assets, start of year
- $9,911,365
- Total assets, end of year
- $9,532,601
- Total liabilities, end of year
- $0
- Net assets, end of year
- $9,532,601
- Fair market value of assets
- $13,413,960
- Qualifying distributions
- $831,094
- Net investment income
- $457,314
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Samuel Mix Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Sec | 32 | $35,833 | $5,000 |
| Michael Paul Pfotenhauer Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir | 8 | $0 | $0 |
| Rory Pfotenhauer Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Pres | 8 | $0 | $0 |
| Diane Wren Foundation Source 501 Silverside Rd, Wilmington, DE 198091377 | Dir, Treas, Pres, Sec | 8 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 501 SILVERSIDE RD OFC, WILMINGTON, DE 19809-1396
- In care of
- % FOUNDATION SOURCE
- Signed the 990-PF
- DIANE WREN, TREASURER
- Phone
- (800) 839-1754
- Return prepared by
- Foundation Source
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 88-0874793
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2024
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T22)
- Assets (IRS master file)
- $9,532,601
- Income (IRS master file)
- $1,717,435
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $457,314 | $836,048 | $9,532,601 | XML |
| 990-PF | December 2022 | – | – | – | 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 88-0874793).
Questions about VIRGA FOUNDATION
- What is the EIN of VIRGA FOUNDATION?
- The employer identification number (EIN) of VIRGA FOUNDATION is 88-0874793.
- Is VIRGA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to VIRGA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does VIRGA FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of VIRGA 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 VIRGA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of VIRGA FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $35,833 (Samuel Mix, Dir, Sec).
- How much revenue does VIRGA FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $457,314, expenses of $836,048 and total assets of $9,532,601 at year end.
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All nonprofits in WILMINGTON · Delaware · Philanthropy, voluntarism and grantmaking foundations