FAMILY FOUNDATION

RICHMOND, VA, 23219-2313 (804) 343-0010 Est. 1985 EIN 52-1425355

B01— Education Form 990 501(c)(3)

Mission

The Family Foundation provides research and education on issues affecting Virginia families.

Total Revenue

$1,903,812

Total Expenses

$2,049,597

Net Assets

$2,582,084

24 employees 75 volunteers

From latest filing (tax period ending 2024-06-30)

Operating Reserve

15.1 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 17.3%

Expenses ↑ 17.3%

Revenue Sources

Contributions 73.9% Investment 1.3% Other 25.0%

Expense Breakdown

Program 71.9% Management 11.7% Fundraising 16.5%

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Year	Revenue	Expenses	Net Assets
2023 Form 990 Jul 1, 2023 to Jun 30, 2024	$1,903,812 ↑	$2,049,597	$2,582,084
2022 Form 990 Jul 1, 2022 to Jun 30, 2023	$1,622,892 ↓	$1,747,375	$2,697,311
2021 Form 990 Jul 1, 2021 to Jun 30, 2022	$2,384,490 ↑	$1,783,529	$2,818,858
2020 Form 990 Jul 1, 2020 to Jun 30, 2021	$1,813,311 ↑	$1,405,733	$2,183,517
2019 Form 990 Jul 1, 2019 to Jun 30, 2020	$1,803,215	$1,346,037	$1,499,362