Van Metre Family Foundation Inc
- Assets
- $5.7m
- Revenue
- $396.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Fairfax, VA
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 13-4234557
Organization Overview
Van Metre Family Foundation Inc is located in Fairfax, VA. The organization was established in 2003. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Van Metre Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Van Metre Family Foundation Inc generated $396.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $637.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Van Metre Family Foundation Inc has awarded 506 individual grants totaling $3,068,495. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Albert G Van Metre Jr Director | 1 | $0 | |
Alison Van Metre Paley President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $106,028 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $290,798 |
| Capital Gain Net Income | $290,798 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $396,826 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,832 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45,749 |
| Total operating and administrative expenses | $67,581 |
| Contributions, gifts, grants paid | $569,391 |
| Total expenses and disbursements | $636,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,678 |
| Savings and temporary cash investments | $5,654,485 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,680,163 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $10,025 |
| Total liabilities | $10,025 |
Grants Awarded
Over the last fiscal year, Van Metre Family Foundation Inc has awarded $569,391 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
A PLACE TO BE PURPOSE: COMMUNITY ASSISTANCE | $20,000 |
AMERICAN HEART ASSOCIATION PURPOSE: HEALTH CARE | $1,000 |
AMERICAN CANCER SOCIETY PURPOSE: HEALTH CARE | $5,000 |
AMERICAN FRIENDS OF SENTEBALE PURPOSE: COMMUNITY ASSISTANCE | $40,000 |
AMERICAN RED CROSS PURPOSE: COMMUNITY ASSISTANCE | $20,000 |
ANIMAL WELFARE INSTITUTE PURPOSE: ANIMAL CARE | $2,000 |