2026-03-25T17:00:33-04:00 2025-06-30 541571464 CORBIN & COMPANY PC 501 INDEPENDENCE PARKWAY STE 275 CHESAPEAKE VA 23320 990 2024-07-01 541637620 VIRGINIA BEACH PUBLIC SCHOOLS EDUCATION FOUNDATION AND SUBSIDIARY VIRG 7572631069 641 CARRIAGE HILL RD SUITE 200 VIRGINIA BEACH VA 23452 WILL MORALES PRESIDENT 7572631069 2026-03-24 true true JULIE L SOKOLOWSKI CPA P01328383 7574364577 2026-03-24 2024 2025-03-06 01:10:19Z WILL MORALES 1328998 false X WWW.VBEF.ORG X 1991 VA TO MAKE A DIFFERENCE IN THE EPUBLIC SCHOOLS OF VIRGINIA BEACH BY RAISING PRIVATE SECTOR SUPPORT TO FUND INNOVATIVE AND CREATIVE LEARNING PROGRAMS AND TO REWARD EDUCATIONAL EXELLENCE USING GRANTS TO HELP SUPPORT PILOT PROGRAMS RUN BY THE SCHOOL SYSTEM EDUCATORS. 19 19 0 60 0 554621 606312 0 85139 110733 -9591 3816 630169 720861 24220 234012 0 0 0 0 697614 348019 721834 582031 -91665 138830 3011823 3356414 105034 95034 2906789 3261380 X TO MAKE A DIFFERENCE IN THE EPUBLIC SCHOOLS OF VIRGINIA BEACH BY RAISING PRIVATE SECTOR SUPPORT TO FUND INNOVATIVE AND CREATIVE LEARNING PROGRAMS AND TO REWARD EDUCATIONAL EXELLENCE USING GRANTS TO HELP SUPPORT PILOT PROGRAMS RUN BY THE SCHOOL SYSTEM EDUCATORS. false false 299108 210812 EDUCATIONAL PROGRAMS - THE FOUNDATION AWARDED 69 GRANTS FOR INOVATIVE PROJECTS IN THE CURRENT YEAR. THE GRANTS WERE AWARDED TO SCHOOLS FOR PROJECTS THAT TEACHERS HAVE DESIGNED TO ENHANCE STUDENT ACHIEVEMENT. GRANTS ARE AWARDED UP TO 20,000 EACH. 5 TEACHER OF THE YEAR AWARDS WERE ALSO GRANTED IN THE CURRENT YEAR. 23200 23200 SCHOLARSHIPS - THE VIRGINIA BEACH EDUCATION FOUNDATION (VBEF) MANGES RESTRICTED FUNDS FOR THE PURPOSE OF AWARDING SCHOLARSHIPS TO GRADUATING SENIORS IN VIRGINIA BEACH CITY PUBLIC SCHOOLS (VBCPS). IN THE CURRENT YEAR 10 SCHOLARSHIPS WERE AWARDED. 217411 STUDENT SUPPORT - THE BEACH BAGS PROGRAM, WHICH PROVIDEDS SHELF-STABLE FOOD TO VIRGINIA BEACH PUBLIC SCHOOL STUDENTS IN NEED OF FOOD DURING WEEKENDS AND HOLIDAYS, IS A PROGRAM FOR WHICH FUNDS ARE RESTRICTED THROUGH THE FOUNDATION. MY FRIEND'S CLOSET PROVIDES CLOTHING TO VIRGINIA BEACH PUBLIC SCHOOL STUDENTS IN NEED. BACK TO SCHOOL CARE ITEMS ARE ALSO PROVIDED TO STUDENTS. ADDITIONAL RESTRICTED FUNDING DESIGNATED BY DONORS MAY ALSO BE MADE TO BENEFIT VIRGINIA BEACH STUDENTS. 539719 true true false false false false false false false true false false false true false false false true false false false false false false true false false true true false false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false true true false false false false false false false false X 19 19 false false false false false true false true true false false false true true false false true false false false VA X DEBBIE HUGHES 7572631069 641 CARRIAGE HILL ROAD VIRGINIA BEACH VA 23452 DEBBIE HUGHES COORDINATOR 40.00 X 0 103552 0 WILL MORALES PRESIDENT 2.00 X X 0 0 0 MONICA CURRY PRESIDENT EL 2.00 X X 0 0 0 SKIP TEMPLETON TREASURER 2.00 X X 0 0 0 AMY MALLINSON SECRETARY 2.00 X X 0 0 0 KEVIN HILL PAST PRESIDE 2.00 X X 0 0 0 JON ABRAHAMS DIRECTOR 0.10 X 0 0 0 MORGAN ALBISTON DIRECTOR 0.10 X 0 0 0 TONY ARNOLD DIRECTOR 0.10 X 0 0 0 JUSTIN BALLARD DIRECTOR 0.10 X 0 0 0 TOM BARRINGER DIRECTOR 0.10 X 0 0 0 ROB BERZ DIRECTOR 0.10 X 0 0 0 DANIEL EDWARDS DIRECTOR 0.10 X 0 0 0 SHEILA MAGULA DIRECTOR 0.10 X 0 0 0 DEBBIE NADIRAN DIRECTOR 0.10 X 0 0 0 ROBYN NISS DIRECTOR 0.10 X 0 0 0 JAMIE KANE TRUSTEE/DIRE X 0 0 0 KELLEE COLE TRUSTEE/DIRE X 0 0 0 MELODY BALLON TRUSTEE/DIRE X 0 0 0 SHREY TRIVEDI TRUSTE/DIREC X 0 0 0 103552 false false false 606312 3443 606312 77044 77044 6150 6150 560972 100 527337 46 33635 54 33689 54 33635 77445 80754 -3309 -3309 CREDIT CARD REWARDS 975 975 975 720861 1029 113520 210812 210812 23200 23200 1050 1050 13100 13100 4015 4015 2873 2873 24147 24147 BEACH BAGS PROGRAM EXP 200279 200279 SUSTAINABLE ENERGY COURSE 75000 75000 MY FRIENDS CLOSET PROGRAM 14901 14901 HOUSING PROGRAM COSTS 10423 10423 2231 2231 582031 539719 42312 0 3 3 401590 429025 38224 52449 9160 3625 3625 2338967 2623429 229414 238723 3011823 3356414 12700 4700 12334 10334 80000 80000 105034 95034 X 2601955 2854992 304834 406388 2906789 3261380 3011823 3356414 138830 215761 X false true true false X 270427 298614 590605 554621 606312 2320579 172924 191140 190349 196582 182658 933653 443351 489754 780954 751203 788970 3254232 3254232 29604 41004 74657 70387 83194 298846 3553078 4283 0.91590 0.90680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2414113 313981 -118110 2609984 2411214 219899 -217000 2414113 2236926 174288 2411214 2248764 -211838 2236926 2236662 212102 2448764 1.00000 false false CONSTRUCTION IN PROGRESS 128477 PROJECT LAND 110246 238723 1131020 215761 198413 414174 716846 4015 4015 720861 776429 198413 198413 578016 4015 4015 582031 SCHEDULE D, PAGE 2, PART V, LINE 4 THE FOUNDATION'S PLAN WAS TO BUILD THE ENDOWMENT TO 2 MILLION, AT WHICH TIME THE FOUNDATION IS ALLOWED TO USE A PORTION OF THE ANNUAL EARNINGS FOR ITS OPERATIONS. THE VIRGINIA BEACH EDUCATION FOUNDATION HAS A POLICY TO ANNUALY DISTRIBUTE 5% OF THE THREE-YEAR AVERAGE OF THE FAIR MARKET VALUE OF THE ENDOWMENT FUNDS FOR OPERATIONS. PEARLS OF WISDO 30983 30983 30996 SPONSOR A TEACH 19700 19700 23079 2 26762 26762 26679 77445 77445 80754 80754 -3309 false VIRGINIA BEACH CITY PUBLIC SCHOOLS PO BOX 6038 VIRGINIA BEACH VA 234560038 540722061 GOV 210812 INNOVATIVE LEARNING SCHOLARSHIPS 12 23200 SCHEDULE I, PAGE 1, PART I, LINE 2 SCHOLARSHIPS ARE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION AND ARE NOT FURTHER MONITORED. FORM 990 - ORGANIZATION'S MISSION TO MAKE A DIFFERENCE IN THE EPUBLIC SCHOOLS OF VIRGINIA BEACH BY RAISING PRIVATE SECTOR SUPPORT TO FUND INNOVATIVE AND CREATIVE LEARNING PROGRAMS AND TO REWARD EDUCATIONAL EXELLENCE USING GRANTS TO HELP SUPPORT PILOT PROGRAMS RUN BY THE SCHOOL SYSTEM EDUCATORS. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS ARE APPOINTED BY THE VIRGINIA BEACH SCHOOL BOARD FOR TERMS OF OFFICE OF THREE YEARS AND UNTIL THEIR RESPECTIVE SUCCESSORS ARE APPOINTED. THE DIRECTORS OF THE BOARD VOTE ON OFFICERS WHO SERVE ON THE EXECUTIVE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 11B THE EDUCATION FOUNDATION COORDINATOR, PRESIDENT AND TREASURER REVIEW THE FORM 990 BEFORE FILING WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THSB LLC 641 CARRAGE HILL DR VIRGINIA BEACH VA 23452 113757923 EDUCATION VA VBCPSEF VIRGINIA BEACH CITY PUBLIC SCHOOLS PO BOX 6038 VIRGINIA BEACH VA 23456 540722061 EDUCATION VA GOV 2 N/A false false true false false false false false false false false false false false false true false false false false VIRGINIA BEACH CITY PUBLIC SCHOOL O 182658 SALARIES PAID BY CITY VIRGINIA BEACH CITY PUBLIC SCHOOLS B 210812 CASH