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Island Sunrise Foundation Inc. is a private corporation based in MIDDLEBURG, VA. The foundation received its IRS ruling in 1997. The principal officer is % Michael D Gibson. It holds total assets of $8.7M. Annual income is reported at $3M. Attached is a schedule showing contributions made to 501(c)(3) organizations that perform educational or community based charitable work. According to available records, Island Sunrise Foundation Inc. has made 4 grants totaling $1.8M, with a median grant of $449K. Annual giving has grown from $194K in 2020 to $672K in 2023. Individual grants have ranged from $194K to $672K, with an average award of $441K. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Attached is a schedule showing contributions made to 501(c)(3) organizations that perform educational or community based charitable work.
Expenses: $273K
Attached is a schedule showing contributions made to 501(c)(3) organizations that perform educational or community based charitable work. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in VA.
Island Sunrise Foundation Inc. has distributed a total of $1.8M across 4 grants. The median grant size is $449K, with an average of $441K. Individual grants have ranged from $194K to $672K.
Charitable fields limited to educational and community based organizations.
Island Sunrise Foundation Inc. is headquartered in MIDDLEBURG, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Magalen C Webert | President | $0 | $0 | $0 |
| James W Webert | Vice President | $0 | $0 | $0 |
| Philip S Lawrence | Treasurer | $0 | $0 | $0 |
Total Giving
$759K
Total Assets
$8.2M
Fair Market Value
$15.4M
Net Worth
$8.2M
Grants Paid
$672K
Contributions
$0
Net Investment Income
$614K
Distribution Amount
$721K
Total: $4.9M
Total Grants
4
Total Giving
$1.8M
Average Grant
$441K
Median Grant
$449K
Unique Recipients
1
Most Common Grant
$194K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See ScheduleCharitable Donation | Various, VA | $672K | 2023 |
BETHESDA, MD
LAKEWOOD, NJ
CLEARWATER, FL
BERGENFIELD, NJ
SARASOTA, FL
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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