Liabilities / Assets
19th percentile
Higher debt load relative to assets than 19% of similar nonprofits.
990 • Fiscal year 2020 • EIN 54-1573406
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
19th percentile
Higher debt load relative to assets than 19% of similar nonprofits.
Liabilities / Revenue
22nd percentile
Higher debt load relative to revenue than 22% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
37th percentile
Higher top officer pay than 37% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
38th percentile
Faster asset growth than 38% of similar nonprofits.
Revenue Growth
90th percentile
Faster revenue growth than 90% of similar nonprofits.
Assets
Up$3,831,915
Up $68,279 (+1.8%) from 2019
Net Assets
Up$3,825,915
Up $62,279 (+1.7%) from 2019
Liabilities
Up$6,000
Up $6,000 from 2019
Revenue
Up$585,857
Up $248,302 (+74%) from 2019
Expenses
Up$494,563
Up $138,060 (+39%) from 2019
Net Income
Up$91,294
Up $110,242 (+582%) from 2019
To substantially augment existing tax and grant-based funds in order to provide hanover county students with unparalled opportunities and experiences.
To enhance educational opportunities in hanover county, virginia
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $3,452,953 | $3,490,140 | ▲ $37,187 |
| Savings and Temporary Cash Investments | $306,283 | $336,275 | ▲ $29,992 |
| Accounts Receivable | $4,400 | $5,500 | ▲ $1,100 |
| Total Assets | $3,763,636 | $3,831,915 | ▲ $68,279 |
| Liabilities | |||
| Grants Payable | - | $6,000 | - |
| Total Liabilities | $0 | $6,000 | ▲ $6,000 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $3,335,462 | $3,434,625 | ▲ $99,163 |
| Net Assets Without Donor Restrictions | $428,174 | $391,290 | ▼ $36,884 |
| Total Net Assets Fund Balance | $3,763,636 | $3,825,915 | ▲ $62,279 |
| Total Liabilities and Net Assets / Fund Balance | $3,763,636 | $3,831,915 | ▲ $68,279 |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2020 | $3,455,149 | $55,000 | ▲ $131,044 | - | $3,492,336 |
| 2019 | $3,344,635 | - | ▲ $273,117 | - | $3,455,149 |
| 2018 | $3,221,871 | - | ▲ $321,065 | - | $3,344,635 |
| 2017 | $2,787,731 | $233,750 | ▲ $411,033 | - | $3,221,871 |
| 2016 | $2,884,586 | - | ▲ $17,830 | - | $2,787,731 |
| Name | Title |
|---|---|
| Brett S Christian | President |
| Ginnina L Eakle | Director |
| J Michael Lohr | Director |
| Jeffrey L Sigmon | Director |
| Jennifer a Corey | Director |
| Kim Epps | Director |
| Kimberley B Dages CPA | Director |
| Lisa a Morris | Director |
| Michael C Patrick | Director |
| Trip Tribble | Director |
| Margaret Hill | Executive Di |
| Sharon H Potts | Secretary |
| Paul B Franklin | Treasurer |
| Fatima R Caldas | Vice Preside |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $427,963 |
| Other Expenses | $66,600 |
| Total Fundraising Expense | $530 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $236,523 | - | - | $236,523 |
| Grants to Domestic Individuals | $191,440 | - | - | $191,440 |
| Fees for Service Investment Mgmnt Fees | - | $29,858 | - | $29,858 |
| Fees for Services Accounting | - | $9,200 | - | $9,200 |
| All Other Expenses | - | $2,039 | $530 | $2,569 |
| Travel | - | $1,887 | - | $1,887 |
| Conferences and Meetings | - | $1,725 | - | $1,725 |
| Office Expenses | - | $1,413 | - | $1,413 |
| Other Expenses | - | $1,000 | - | $1,000 |
| Insurance | - | $858 | - | $858 |
| Total Functional Expenses | $427,963 | $66,070 | $530 | $494,563 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $567,685 |
| Total Expenses per Form 990 | $494,563 |
| Expenses per Audited Statements | $464,705 |
| Expenses Not Reported on Form 990 | $102,980 |
| Expenses Not Reported on Financial Statements | $29,858 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Hanover County Public Schools | Ashland, VA | Gov | Covid-19 Grants | $125,550 |
| Hanover County Public Schools | Ashland, VA | Gov | Scholarships/awards | $110,973 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $42,450 |
| Fundraising Direct Expenses | $22,456 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Celebration Din | $42,650 | $26,850 | - | $26,850 |
| Bowling for Edu | $18,253 | $15,600 | - | $15,600 |
| Total Events | $60,903 | $42,450 | $22,456 | $19,994 |
“The accounting firm prepares the draft form 990 which is circlulated by email to the board. The board is given a response period for questions. After the response period expires and questions are addressed the foundation files the form 990.”
“All records are available to the public for review upon request at the office of the foundation located at the county of hanover, virginia school board office, 200 berkley street, ashland, virginia.”
“Other grants - the foundation awards grants to educators, students, and staff in order to enhance educational opportunities including the purchase of materials and supplies for hanover county public schools.”
“Endowment funds are in place to provide the resources necessary to provide grants and scholarships to hanover county public school students, educators, and school leaders.”
“The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the foundation and various positions related to the potential sources of unrelated business taxable income (ubti). The foundation has recognized no uncertain tax positions for the year ended june 30, 2020. The foundation is generally no longer subject to examination by the internal revenue service for years before 2017.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 4400 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 5500 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TO ENHANCE EDUCATIONAL OPPORTUNITIES IN HANOVER COUNTY, VIRGINIA |
| IRS990/AllOtherContributionsAmt | 0 | 387350 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | 530 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 2039 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2569 |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MARGARET HILL |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8043654565 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 200 BERKLEY STREET |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | ASHLAND |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23005 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 1725 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 1725 |
| IRS990/ConflictOfInterestPolicyInd | 0 | false |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/ContriRptFundraisingEventAmt | 0 | 18453 |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 405803 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 427963 |
| IRS990/CYInvestmentIncomeAmt | 0 | 160060 |
| IRS990/CYOtherExpensesAmt | 0 | 66600 |
| IRS990/CYOtherRevenueAmt | 0 | 19994 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 91294 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 494563 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 530 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 585857 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/Desc | 0 | SCHOLARSHIPS - THE FOUNDATION AWARDS SCHOLARSHIPS TO STUDENTS IN ORDER TO ENHANCE EDUCATIONAL OPPORTUNITIES. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | false |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRestrictionNetAssetsGrp/BOYAmt | 0 | 3335462 |
| IRS990/DonorRestrictionNetAssetsGrp/EOYAmt | 0 | 3434625 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | true |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 191440 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 9200 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 9200 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 29858 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 29858 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | BRETT S CHRISTIAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | FATIMA R CALDAS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | PAUL B FRANKLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | SHARON H POTTS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JENNIFER A COREY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | KIMBERLEY B DAGES CPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | GINNINA L EAKLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KIM EPPS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | J MICHAEL LOHR |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | LISA A MORRIS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | MICHAEL C PATRICK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | JEFFREY L SIGMON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | TRIP TRIBBLE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | MARGARET HILL |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | EXECUTIVE DI |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1989 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | true |
| IRS990/FundraisingAmt | 0 | 18453 |
| IRS990/FundraisingDirectExpensesAmt | 0 | 22456 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 42450 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 6895 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 13 |
| IRS990/GrantAmt | 0 | 191440 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 6000 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 191440 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 191440 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 236523 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 236523 |
| IRS990/GrantsToIndividualsInd | 0 | true |
| IRS990/GrantsToOrganizationsInd | 0 | true |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 176047 |
| IRS990/GrossReceiptsAmt | 0 | 777465 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 13 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 858 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 858 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 153165 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 153165 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 3452953 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 3490140 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 169152 |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TO SUBSTANTIALLY AUGMENT EXISTING TAX AND GRANT-BASED FUNDS IN ORDER TO PROVIDE HANOVER COUNTY STUDENTS WITH UNPARALLED OPPORTUNITIES AND EXPERIENCES. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 3763636 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3825915 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 6895 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 6895 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 19994 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | -29015 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 428174 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 391290 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NoncashContributionsAmt | 0 | 781 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 1413 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 1413 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | MISCELLANEOUS EXPENSE |
| IRS990/OtherExpensesGrp/Desc | 1 | TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 2 | SUPPORT STAFF DINNER |
| IRS990/OtherExpensesGrp/Desc | 3 | PROFESSIONAL DEVELOPMENT |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 11433 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 3875 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 2782 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 1000 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 11433 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 3875 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 2782 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1000 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | MARGARET HILL |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | CLASSROOMS OF THE FUTURE - THE FOUNDATION GIVES GRANTS TO EDUCATORS IN ORDER TO ENHANCE TECHNOLOGY AND INNOVATION IN THE CLASSROOM. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 42762 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 42762 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | COVID 19 GRANT - THE COVID-19 GRANT WAS ESTABLISHED IN 2020 TO ACCEPT DONATIONS FOR HANOVER FAMILIES IN NEED OF SUPPORT TO COMBAT THE IMPACT MADE BY COVID19. THE FUND PROVIDES DIRECT SUPPORT TO HANOVER COUNTY FOR FOOD NEEDS. THIS FUND WILL CONTINUE TO BE USED TO SERVE STUDENTS AND FAMILIES IN OUR COMMUNITY WHO ARE AFFECTED BY COVID19 AS WELL AS ASSIST IN OTHER FOUNDATION PRIORITIES. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 125550 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 125550 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | OTHER GRANTS - THE FOUNDATION AWARDS GRANTS TO EDUCATORS, STUDENTS, AND STAFF IN ORDER TO ENHANCE EDUCATIONAL OPPORTUNITIES INCLUDING THE PURCHASE OF MATERIALS AND SUPPLIES FOR HANOVER COUNTY PUBLIC SCHOOLS. |
| IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt | 0 | 68211 |
| IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt | 0 | 59716 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 165569 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 282848 |
| IRS990/PYInvestmentIncomeAmt | 0 | 150517 |
| IRS990/PYOtherExpensesAmt | 0 | 73655 |
| IRS990/PYOtherRevenueAmt | 0 | 21469 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -18948 |
| IRS990/PYTotalExpensesAmt | 0 | 356503 |
| IRS990/PYTotalRevenueAmt | 0 | 337555 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 91294 |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | false |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 306283 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 336275 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 405803 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 165569 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 181669 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 376110 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 242364 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 1371515 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt | 0 | 153165 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt | 0 | 70722 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 158759 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 137168 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 114004 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 633818 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 42450 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 60500 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 29600 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 74261 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 206811 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 153165 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 70722 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 158759 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 137168 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 114004 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 633818 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.28000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.26000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 30045 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 30045 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.70390 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.71380 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 1578326 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 448253 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 226069 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 211269 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 450371 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 242364 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 1578326 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 601418 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 296791 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 370028 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 587539 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 386413 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 2242189 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/BoardDesignatedBalanceEOYPct | 0 | 0.08210 |
| IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 29858 |
| IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3455149 |
| IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt | 0 | 55000 |
| IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt | 0 | 3492336 |
| IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 119000 |
| IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 131044 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 32871 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3344635 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 3455149 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 129732 |
| IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 273117 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 40301 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 3221871 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 3344635 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 158000 |
| IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 321065 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 36643 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2787731 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt | 0 | 233750 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 3221871 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 174000 |
| IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 411033 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt | 0 | 25685 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt | 0 | 2884586 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt | 0 | 2787731 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt | 0 | 89000 |
| IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt | 0 | 17830 |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 102980 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 102980 |
| IRS990ScheduleD/EndowmentsHeldRelatedOrgInd | 0 | false |
| IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd | 0 | false |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 102980 |
| IRS990ScheduleD/ExpensesNotRptFinclStmtAmt | 0 | 29858 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 464705 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/InvestmentExpensesNotIncld2Amt | 0 | 29858 |
| IRS990ScheduleD/InvestmentExpensesNotIncldAmt | 0 | 29858 |
| IRS990ScheduleD/NetUnrealizedGainsInvstAmt | 0 | -29015 |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.66720 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 73965 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 29858 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 555999 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | ENDOWMENT FUNDS ARE IN PLACE TO PROVIDE THE RESOURCES NECESSARY TO PROVIDE GRANTS AND SCHOLARSHIPS TO HANOVER COUNTY PUBLIC SCHOOL STUDENTS, EDUCATORS, AND SCHOOL LEADERS. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE FOUNDATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FOUNDATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE FOUNDATION HAS RECOGNIZED NO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED JUNE 30, 2020. THE FOUNDATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2017. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 2, PART V, LINE 4 |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/TermEndowmentBalanceEOYPct | 0 | 0.25070 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 494563 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 585857 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 629964 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 567685 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 18453 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 15800 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt | 0 | 2653 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.