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Nonprofit · EIN 54-1041973

VIRGINIA ENVIRONMENTAL ENDOWMENT

Tax-exempt · RICHMOND, VA 23218

Financials

$1.3M$4.8M2023$3.8M$3.3M2024$9.9M$2.9M2025
Revenue Expenses · by fiscal year end
Financials of VIRGINIA ENVIRONMENTAL ENDOWMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990$9,915,505$2,939,695$6,975,810$32,737,298$505,386$32,231,912
March 31, 2025990$3,820,378$3,259,234$561,144$32,376,826$463,638$31,913,188
March 31, 2024990$1,254,882$4,782,133-$3,527,251$33,633,125$524,074$33,109,051
Financial details: 990 for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$9,915,505
Net gain from sales of assets
$9,014,036
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,286,799
Compensation of officers, directors and key employees
$212,180
Other salaries and wages
$190,135
Salaries, compensation and benefits (total)
$520,715
Professional fundraising fees
$0
Accounting fees
$19,900
Occupancy
$33,925
Travel
$10,547
Depreciation
$189
Program services (functional)
$2,789,795
Management and general (functional)
$149,900

Balance sheet and other

Total assets, start of year
$32,376,826
Total assets, end of year
$32,737,298
Total liabilities, end of year
$505,386
Net assets, end of year
$32,231,912
Land, buildings and equipment
$473
Publicly traded securities
$23,557,213
Net assets without donor restrictions
$25,098,129
Net assets with donor restrictions
$7,133,783
Gross receipts
$12,563,644
Employees
3
Volunteers
0
Year formed
1977
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
JOSEPH H MAROONSECRETARY, EXECUTIVE DIREC
Officer
48$217,635
DIXON M BUTLERPRESIDENT
Trustee or director, Officer
5$0
ROBERT B SMITH JRSENIOR VICE PRESIDENT
Trustee or director, Officer
5$0
NINA RANDOLPHTREASURER
Trustee or director, Officer
5$0
ROBIN D BALILESDIRECTOR
Trustee or director
5$0
LASALLE D LEFFALL IIIDIRECTOR
Trustee or director
5$0
CELIA DALLASDIRECTOR
Trustee or director
5$0
ELIZABETH CABELL JENNINGSDIRECTOR
Trustee or director
5$0
LISA SMITHDIRECTOR
Trustee or director
5$0
990 for the year ended March 31, 2025: 9 people
NameTitleHours / weekCompensation
JOSEPH H MAROONSECRETARY, EXECUTIVE DIREC
Officer
48$206,667
DIXON M BUTLERPRESIDENT
Trustee or director, Officer
5$0
ROBERT B SMITH JRSENIOR VICE PRESIDENT
Trustee or director, Officer
5$0
NINA RANDOLPHTREASURER
Trustee or director, Officer
5$0
ROBIN D BALILESDIRECTOR
Trustee or director
5$0
LASALLE D LEFFALL IIIDIRECTOR
Trustee or director
5$0
CELIA DALLASDIRECTOR
Trustee or director
5$0
ELIZABETH CABELL JENNINGSDIRECTOR
Trustee or director
5$0
LISA SMITHDIRECTOR
Trustee or director
5$0
990 for the year ended March 31, 2024: 8 people
NameTitleHours / weekCompensation
JOSEPH H MAROONSECRETARY, EXECUTIVE DIREC
Officer
48$203,881
DIXON M BUTLERPRESIDENT
Trustee or director, Officer
5$0
ROBERT B SMITH JRSENIOR VICE PRESIDENT
Trustee or director, Officer
5$0
NINA RANDOLPHTREASURER
Trustee or director, Officer
5$0
ROBIN D BALILESDIRECTOR
Trustee or director
5$0
BLAIR WIMBUSHDIRECTOR
Trustee or director
5$0
CELIA DALLASDIRECTOR
Trustee or director
5$0
ELIZABETH CABELL JENNINGSDIRECTOR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
PO BOX 790, RICHMOND, VA 23218-0790
Principal officer (990 for 2025)
JOSEPH H MAROON, PO BOX 790, RICHMOND, VA 232180790
Signed the 990
JOSEPH H MAROON, EXECUTIVE DIRECTOR
Phone
(804) 379-3591
Return prepared by
YOUNT HYDE & BARBOUR PC

Mission

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.

990 for the year ended March 31, 2026

Program accomplishments

  • THE ENDOWMENT MADE GRANTS TO ORGANIZATIONS AND PROJECTS IN THREE GRANT PROGRAMS: THE VIRGINIA 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 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.
    Expenses $2,789,795 · grants $2,286,799

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990 on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
54-1041973
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1977
Accounting year ends
March
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C12)
Assets (IRS master file)
$32,737,298
Income (IRS master file)
$12,563,644

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2026$9,915,505$2,939,695$32,737,298XML
990March 2025$3,820,378$3,259,234$32,376,826XML
990March 2024$1,254,882$4,782,133$33,633,125XML
990March 2023$1,136,573$3,456,259$34,168,054IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1041973).

Questions about VIRGINIA ENVIRONMENTAL ENDOWMENT

What is the EIN of VIRGINIA ENVIRONMENTAL ENDOWMENT?
The employer identification number (EIN) of VIRGINIA ENVIRONMENTAL ENDOWMENT is 54-1041973.
Is VIRGINIA ENVIRONMENTAL ENDOWMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1977.
Are donations to VIRGINIA ENVIRONMENTAL ENDOWMENT tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VIRGINIA ENVIRONMENTAL ENDOWMENT file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VIRGINIA ENVIRONMENTAL ENDOWMENT due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIRGINIA ENVIRONMENTAL ENDOWMENT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2026.
Who is the principal officer of VIRGINIA ENVIRONMENTAL ENDOWMENT?
The 990 for the year ended March 31, 2026 names JOSEPH H MAROON.
Who are the officers and directors of VIRGINIA ENVIRONMENTAL ENDOWMENT?
The 990 for the year ended March 31, 2026 lists 9 people; 1 received compensation from the organization, the highest $217,635 (JOSEPH H MAROON, SECRETARY, EXECUTIVE DIREC).
How much revenue does VIRGINIA ENVIRONMENTAL ENDOWMENT have?
On its 990 for the year ended March 31, 2026 it reported revenue of $9,915,505, expenses of $2,939,695 and total assets of $32,737,298 at year end.

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