Aaron And Virginia Fitt Foundation Inc
- Assets
- $56.1k
- Revenue
- $87.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- Data as of
- 12/2023
- EIN
- 92-0295357
Organization Overview
Aaron And Virginia Fitt Foundation Inc is located in Durham, NC. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Aaron And Virginia Fitt 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 12/2023, Aaron And Virginia Fitt Foundation Inc generated $87.5k in total revenue. All expenses for the organization totaled $31.4k during the year ending 12/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP FUNDS - SCHOLARSHIPS ARE PRIMARILY OFFERED TO INDIVIDUALS FROM LOW-INCOME COUNTRIES AND WITH PREFERENCE TO GRADUATES THE ASHRAYA INITIATIVE FOR CHILDREN OR THOSE FACING SUBSTANTIAL CHALLENGES DUE TO THEIR CASTE GENDER CLASS RACE FAMILY STATUS NATIONAL ORIGIN RELIGION GENDER EXPRESSION OR SEXUAL ORIENTATION DISABILITY OR OTHER CONDITION TRAIT OR ECONOMIC STATUS.
EMERGENCY ASSISTANCE FUNDS - EMERGENCY ASSISTANCE FUNDS
ANIMAL WELFARE FUNDS - FUNDED THE PROVISION OF APPROPRIATE FOOD AND EDUCATION RELATED TO DOMESTIC ANIMALS IN LESOTHO.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Fitt Chair And CEO | 1 | $0 | |
Aaron Fitt Co-Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $87,483 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $87,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $186 |
| Total operating and administrative expenses | $186 |
| Contributions, gifts, grants paid | $31,229 |
| Total expenses and disbursements | $31,415 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,068 |
| Savings and temporary cash investments | $0 |
| 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 | $56,068 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Aaron And Virginia Fitt Foundation Inc has awarded $31,229 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SMITA JAGRIYA PURPOSE: SCHOLARSHIP ASSISTANCE LIVING FUNDS PLANE TICKET TO INDIA AFTER GRADUATION | $10,055 |
KIMERA KAGANDA PURPOSE: ASYLUM ASSISTANCE | $412 |
GREG SHACKLEFORD PURPOSE: ANIMAL WELFARE PROJECTS IN LESOTHO | $268 |
POONAM WAGHRI PURPOSE: SCHOLARSHIP FOR ORPHAN CHILD FROM INDIA COLLEGE OF THE ATLANTIC | $20,000 |
SHREYA DESHMUKH PURPOSE: UNDERGRADUATE PARTIAL TUITION SCHOLARSHIP FOR STUDENT FROM LOW-INCOME FAMILY | $494 |