Virginia Environmental Endowment

Organization Overview

Virginia Environmental Endowment is located in Richmond, VA. The organization was established in 1977. According to its NTEE Classification (C12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Environment and related organizations. As of 03/2022, Virginia Environmental Endowment employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Environmental Endowment is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 03/2022, Virginia Environmental Endowment generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $4.4m during the year ending 03/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Virginia Environmental Endowment has awarded 211 individual grants totaling $14,595,596. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ENDOWMENT'S MISSION IS TO IMPROVE THE QUALITY OF THE ENVIRONMENT BY USING ITS CAPITAL, EXPERTISE, AND RESOURCES TO FUND PROJECTS AND PROGRAMS THAT ENCOURAGE ALL SECTORS TO WORK TOGETHER TO PREVENT POLLUTION, IMPROVE WATER QUALITY, RESTORE THE CHESAPEAKE BAY, CONSERVE NATURAL RESOURCES, PROMOTE ENVIRONMENTAL LITERACY AND PUBLIC AWARENESS, AND ADDRESS EMERGING ISSUES. ALTHOUGH ACCORDED A NATIONAL SCOPE BY ITS CHARTER, THE ENDOWMENT CURRENTLY LIMITS AWARDS TO ELIGIBLE ORGANIZATIONS AND PROJECTS CONDUCTED PRIMARILY IN THE STATE OF VIRGINIA AND ALSO IN THE KANAWHA AND OHIO RIVER VALLEYS OF KENTUCKY AND WEST VIRGINIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ENDOWMENT MADE GRANTS TO ORGANIZATIONS AND PROJECTS IN FOUR GRANT PROGRAMS: THE VIRGINIA PROGRAM, THE KANAWHA AND OHIO RIVER VALLEYS PROGRAM, THE JAMES RIVER WATER QUALITY IMPROVEMENT PROGRAM (JRWQIP) WHICH FOCUSES ON PRODUCING SIGNIFICANT ON-THE-GROUND WATER QUALITY BENEFITS, AND THE COMMUNITY CONSERVATION PROGRAM. COMMUNITY CONSERVATION PROGRAM IS FUNDED BY $3 MILLION THAT VEE RECEIVED AS PART OF THE AGREEMENT THE COMMONWEALTH OF VIRGINIA MADE WITH THE COMPANY CONSTRUCTING THE MOUNTAIN VALLEY PIPELINE TO OFFSET IMPACTS FROM THE CLEARING OF THE PIPELINE PATH IN SOUTHWEST VIRGNIA.VIRGINIA PROGRAM GRANTS WERE MADE FOR PROJECTS THROUGHOUT THE COMMONWEALTH THAT ALIGNED WITH THE ENDOWMENT'S STRATEGIC PRIORITIES. THE PURPOSES OF THE VIRGINIA PROGRAM GRANTS INCLUDED ADVANCING LAND CONSERVATION, PROTECTING WATER QUALITY, ADVANCING ENVIRONMENTAL LITERACY, PROTECTING THE CHESAPEAKE BAY AND SUPPORTING COASTAL RESILIENCE AND CLIMATE ADAPTATION.THE JRWQIP GRANTS WERE MADE FOR PROJECTS THAT WILL LIKELY REDUCE THE AMOUNT OF NUTRIENT AND SEDIMENT POLLUTION FLOWING INTO THE JAMES RIVER BY MORE THAN FOUR MILLION POUNDS ANNUALLY. KANAWHA AND OHIO RIVER VALLEYS PROGRAM GRANTS SUPPORT IMPORTANT WATER QUALITY EFFORTS IN PORTIONS OF WEST VIRGINIA AND KENTUCKY.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph H Maroon
Secretary, Executive Direc
$187,150
Robert B Smith Jr
Senior Vice President
$0
Nina Randolph
Treasurer
$0
Dixon M Butler
President
$0
Blair Wimbush
Director
$0
Robin D Baliles
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $542,944
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,247,249
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,790,193

Grants Awarded

Over the last fiscal year, Virginia Environmental Endowment has awarded $2,228,111 in support to 29 organizations.

Grant RecipientAmount

Arlington, VA

PURPOSE: IMPROVE THE QUALITY OF THE ENVIRONMENT

$754,700

WEST VIRGINIA RIVERS COALITION

Org PageRecipient Profile

Charleston, WV

PURPOSE: WATER POLICY IN WEST VIRGINIA: MAINTAINING INDEPENDENT AND SCIENCE BASED VOICE TO PROTECT WATER RESOURCES

$215,000

NEW RIVER LAND TRUST

Org PageRecipient Profile

Blacksburg, VA

PURPOSE: IMPROVE THE QUALITY OF THE ENVIRONMENT

$189,134

VIRGINIA ASSOCIATION OF SOIL AND WATER CONSERVATION DISTRICTS

Org PageRecipient Profile

Mechanicsville, VA

PURPOSE: IMPROVE THE QUALITY OF THE ENVIRONMENT

$177,600

WATERSHED WATCH IN KENTUCKY

Org PageRecipient Profile

Frankfort, KY

PURPOSE: GROWTH OF AN ACTIVE CITIZEN SCIENCE AND EDUCATION PROGRAM THROUGH A FOCUS ON VISIBILITY NETWORKING AND PARTNERSHIPS

$150,000

WESTERN VIRGINIA WATER AUTHORITY

PURPOSE: ENVIRONMENTAL HARM REDUCTION THROUGH PROPER DISPOSAL OF MEDICATIONS

$136,725
View Grant Profile

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