St Josephs Villa Foundation
- Assets
- $27.7m
- Revenue
- $1.7m
- Investments
- $23.6m
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 05/1998
- Data as of
- 06/2021
- EIN
- 54-1909187
Organization Overview
St Josephs Villa Foundation is located in Richmond, VA. The organization was established in 1998. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Josephs Villa Foundation 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 06/2021, St Josephs Villa Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $1.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ST. JOSEPH'S VILLA FOUNDATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES, AND PARTICULARLY: *TO SOLICIT, RECEIVE AND ADMINISTER GIFTS, GRANTS, CONTRIBUTIONS AND DONATIONS FOR ST. JOSEPH'S VILLA, AND *TO DISTRIBUTE FUNDS TO ST. JOSEPH'S VILLA AND ITS THREE RELATED ORGANIZATIONS IN SUPPORT OF THEIR VARIOUS PROGRAMS AND ACTIVITIES. THESE DISTRIBUTIONS FORM AN INTEGRAL PART OF THE ON-GOING OPERATING BUDGET OF ST. JOSEPH'S VILLA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ST. JOSEPH'S VILLA FOUNDATION'S FOCUS FOR THE YEAR HAS BEEN IN THE ONGOING STEWARDSHIP AND MANAGEMENT OF INVESTED FUNDS, AND MARKETING AND RAISING AWARENESS WITH DONORS AND PROSPECTIVE DONORS OF THE BENEFITS OF INCREASING ITS INVESTED FUNDS CORPUS THROUGH OUTRIGHT AND PLANNED GIFTS. THE FOUNDATION MARKETED PLANNED GIVING THROUGH FEATURES IN THE SEMI-ANNUAL PRINT NEWLETTERS, (2,750 HOUSEHOLDS), A SECTION IN THE ANNUAL DONOR IMPACT REPORT (1,500 HOUSEHOLDS), THROUGH TWO TARGETED MAILINGS (500 HOUSEHOLDS), AS WELL AS REGULARLY UPDATING CONTENT IN THE FOUNDATION SECTION OF THE ST. JOSEPH'S VILLA WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Ml Whelan Vice-Chair | OfficerTrustee | 1 | $0 |
David D Redmond Chair | OfficerTrustee | 1 | $0 |
Kathleen Burke Barrett CEO | Officer | 1 | $0 |
Suzanne Hinton Treasurer | Officer | 1 | $0 |
J Sargeant Reynolds Jr Director | Trustee | 1 | $0 |
Kathleen C Duke Director | Trustee | 1 | $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 | $123,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,600 |
| Total Program Service Revenue | $0 |
| Investment income | $457,305 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,142,095 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,723,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,204,305 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $78,660 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,699 |
| All other expenses | $25 |
| Total functional expenses | $1,307,439 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $205,795 |
| Pledges and grants receivable | $30,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,400,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,503,760 |
| Investments—other securities | $23,558,235 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,697,790 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,709 |
| Total liabilities | $8,709 |
| Net assets without donor restrictions | $26,362,686 |
| Net assets with donor restrictions | $1,326,395 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $27,697,790 |
Grants Awarded
Over the last fiscal year, St Josephs Villa Foundation has awarded $1,254,949 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Richmond, VA PURPOSE: TO SUPPORT PROGRAMS | $1,244,981 |
Richmond, VA PURPOSE: SUPPORT ORGANIZATIONAL EXPENSES | $9,968 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that St Josephs Villa Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
John Randolph Foundation Support Fund Inc Hopewell, VA PURPOSE: CHARITABLE SUPPORT | $20,000 |
Endowment Analysis
| Beg. Balance | $678,858 |
| Earnings | $172,440 |
| Net Contributions | $104,600 |
| Other Expense | $31,503 |
| Ending Balance | $924,395 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Housing Affordability Trust Nashville, TN | $52,052,062 | $6,258,607 |
Washington Area Community Investment Fund Inc Washington, DC | $14,906,500 | $7,620,930 |
Eastern Eight Community Development Corporation Johnson City, TN | $18,111,272 | $3,788,608 |
St Josephs Villa Foundation Richmond, VA | $27,697,790 | $1,723,000 |
Captrust Community Foundation Inc Raleigh, NC | $4,464,164 | $1,082,695 |
Friends Of The Light House Shelter Inc Annapolis, MD | $129,412 | $360,459 |
Habitat For Humanity Of North Carolina Inc Raleigh, NC | $680,613 | $355,089 |
National Lutheran Home For The Aged Incorporated Frederick, MD | $91,975,330 | $1,994,503 |
Faithworks Inc Winchester, VA | $18,501 | $230,860 |
Danville Lions Foundation Inc Danville, VA | $3,088 | $202,004 |
Fayette County Citizens For Progress Inc Somerville, TN | $1,355,978 | $156,426 |
The Donorsee Foundation Fairfax Station, VA | $2,756 | $0 |