Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

CAV FUTURES FOUNDATION is a philanthropy-focused nonprofit that conducts charitable and educational activities, including grantmaking to other nonprofits in and beyond the Virginia, Maryland, and DC metropolitan areas, with a specific focus on Charlottesville, VA. For fiscal year 2024, it reported an operating budget of $4.3M and total revenue of $6.7M, with major support from OAKWOOD FOUNDATION CHARITABLE TRUST, COMMONWEALTH FOUNDATIONS, THE RIMORA FOUNDATION, GEISMAR FAMILY FOUNDATION, and TULSA COMMUNITY FOUNDATION.

Mission Statement

TO CONDUCT CHARITABLE AND EDUCATIONAL ACTIVITIES, INCLUDING, WITHOUT LIMITATION, PROVIDING GRANTS AND OTHER SUPPORT TO NONPROFIT ORGANIZATIONS IN AND BEYOND THE VIRGINIA, MARYLAND, AND DC METROPOLITAN AREAS, SPECIFICALLY INCLUDING CHARLOTTESVILLE, VA; EDUCATING AND EMPOWERING COLLEGIATE ATHLETES TO USE THEIR PERSONAL BRANDS IN SUPPORT OF CHARITABLE ORGANIZATIONS AND CAUSES; AND BUILDING OUT A STRONG NETWORK OF STUDENT ATHLETES AND ALUMNI TO SUPPORT CAREER DEVELOPMENT PATHWAYS AND OTHER PRACTICAL LIFE SKILLS PROGRAMS.
Revenues
$6.7M
Expenses
$4.5M
Net Income:
+$2.3M
Assets
$5.5M
Liabilities
$0
Net Assets:
+$5.5M
Operating Budget
$4.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
10
Median grant size
$103.8K
Largest grant received
$328K
L
Lorenza Davis
Board Member
C
Clint Bowes
Board Member
M
Michael Geismar
Board Member
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  • 14 funders
  • 5 board & team members
  • 2 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is CAV FUTURES FOUNDATION’s budget?
In 2024, CAV FUTURES FOUNDATION reported an annual operating budget of around $4.3 million. More detailed financial information is available to registered users.
What causes does CAV FUTURES FOUNDATION support?
CAV FUTURES FOUNDATION supports work in Philanthropy.
Where does CAV FUTURES FOUNDATION operate?
CAV FUTURES FOUNDATION is headquartered in Charlottesville, VA.
Who funded CAV FUTURES FOUNDATION recently?
In 2025, CAV FUTURES FOUNDATION received grants from CHARITIES AID FOUNDATION AMERICA, GEISMAR FAMILY FOUNDATION, and COMMONWEALTH FOUNDATIONS. More information on this organization’s funders is available to registered users.
What is the largest grant CAV FUTURES FOUNDATION received in 2024?
The largest grant to CAV FUTURES FOUNDATION in 2024 exceeds $328 thousand.