Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 04-01-2023 , and ending 03-31-2024
Name of foundation
OBICI HEALTHCARE FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)106 W FINNEY AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SUFFOLK, VA23434
A Employer identification number

51-0249728
B Telephone number (see instructions)

(757) 539-8810
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$149,349,654J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 426,154 426,154  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 4,127,790
b Gross sales price for all assets on line 6a 7,253,820
7 Capital gain net income (from Part IV, line 2)... 4,127,790
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,025 3,086,382 0
12 Total. Add lines 1 through 11........ 4,558,969 7,640,326 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 396,204 0 0 396,205
14 Other employee salaries and wages...... 382,231 0 0 382,231
15 Pension plans, employee benefits....... 187,400 0 0 157,876
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
66,746 0 0 66,746
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
721,231 721,231 0 0
17 Interest............... 29,076 0 0 0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
261,081 0 0 475
19 Depreciation (attach schedule) and depletion... 78,103 0 0
20 Occupancy.............. 72,304 0 0 73,496
21 Travel, conferences, and meetings....... 40,277 0 0 40,682
22 Printing and publications.......... 30,235 0 0 31,420
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
353,327 0 0 346,713
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,618,215 721,231 0 1,495,844
25 Contributions, gifts, grants paid....... 791,215 5,097,218
26 Total expenses and disbursements. Add lines 24 and 25 3,409,430 721,231 0 6,593,062
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,149,539
b Net investment income (if negative, enter -0-) 6,919,095
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 596,240 653,626 653,626
2 Savings and temporary cash investments......... 2,858,344 4,236,460 4,236,460
3 Accounts receivable right arrow1,680
Less: allowance for doubtful accounts right arrow     1,680 1,680
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 23,737 15,859 15,859
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 16,377,564 Click to see attachment
List of Attached Documents:
// Content
9,669,850 		9,669,850
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 114,571,589 Click to see attachment
List of Attached Documents:
// Content
133,148,058 		133,148,058
14 Land, buildings, and equipment: basis right arrow2,424,444
Less: accumulated depreciation (attach schedule) right arrow1,290,877 1,211,671 1,133,567 1,133,567
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
504,558 		Click to see attachment
List of Attached Documents:
// Content
490,554 		Click to see attachment
List of Attached Documents:
// Content
490,554
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 136,143,703 149,349,654 149,349,654
Liabilities 17 Accounts payable and accrued expenses.......... 86,501 106,363
18 Grants payable................. 7,687,870 3,645,544
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 838,137 386,424
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
537,334 		Click to see attachment
List of Attached Documents:
// Content
643,126
23 Total liabilities (add lines 17 through 22)......... 9,149,842 4,781,457
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 126,993,861 144,568,197
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 126,993,861 144,568,197
30 Total liabilities and net assets/fund balances (see instructions). 136,143,703 149,349,654
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
126,993,861
2
Enter amount from Part I, line 27a .....................
2
1,149,539
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
16,424,797
4
Add lines 1, 2, and 3 ..........................
4
144,568,197
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
144,568,197
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a NET GAINS/LOSSES FROM SALES OF SECURITIES P   2024-03-31
b FOREIGN CORPORATION REDEMPTIONS P   2024-03-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,785,681     1,785,681
b 5,468,139   3,126,030 2,342,109
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,785,681
b       2,342,109
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,127,790
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 4,127,790
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 96,175
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 96,175
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 96,175
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 126,680
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 126,680
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 30,505
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow30,505 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
Yes
 
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowVA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowHTTP://WWW.OBICIHCF.ORG
14
The books are in care ofright arrowTHE ORGANIZATION Telephone no.right arrow (757) 539-8810

Located atright arrow106 W FINNEY AVENUESUFFOLKVA ZIP+4right arrow23434
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
ROBERT C BARCLAY IV CHAIRMAN
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
RALPH HOWELL JR VICE-CHAIRMAN
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
MARY HADDAD SECRETARY
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
J WAYNE SCOTT TREASURER
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
THOMAS WOODWARD III BOARD OF DIRECTORS
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
LYNNE RABIL BOARD OF DIRECTORS
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
R SCOTT CARR BOARD OF DIRECTORS
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
REX ALPHIN BOARD OF DIRECTORS
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
BILL PEAK BOARD OF DIRECTORS
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
J MICHAEL PONDER BOARD OF DIRECTORS
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
MELISSA ROLLINS BOARD OF DIRECTORS
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
R BATTLE BETTS JR PRESIDENT & CEO
40.00 		287,833 17,462 11,749
106 W FINNEY AVENUE
SUFFOLK,VA23434
VICTORIA MASTON DIRECTOR OF FINANCE
23.00 		108,371 5,419 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
DENISE BUNN BOARD OF DIRECTORS
1.00 		0 0 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
JESSICA MULLEN PROGRAM OFFICER
40.00 		92,410 14,993 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
KELVIN TURNER PROGRAM OFFICER
40.00 		89,959 14,139 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
FIONA CHARLES PROGRAM OFFICER
40.00 		90,667 11,546 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
GINA LILLEY OFFICE MANAGER
40.00 		59,795 19,576 0
106 W FINNEY AVENUE
SUFFOLK,VA23434
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
CORNERSTONE PARTNERS LLC INVESTMENT MANAGEMENT 575,900
675 PETER JEFFERSON PKWY STE 160
CHARLOTTESVILLE,VA22911
THE NORTHERN TRUST COMPANY INVESTMENT CUSTODIAN 144,640
333 S WABASH AVENUE WB-42
CHICAGO,IL60604
THE CURTIS GROUP FUNDRAISING CONSULTANT-NFP PARTNERS 114,500
2512 SHEPHERDS LANE
VIRGINIA BEACH,VA23454
CATCHAFIRE INC PLATFORM FEES FOR CAPACITY BUILDING SUPPORT 110,000
31 E 32ND STREET 3RD FLOOR
NEW YORK,NY10016
KEITER AUDIT AND TAX PREPARATION 60,630
4401 DOMINION BLVD
GLEN ALLEN,VA23060
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 STRENGTHENING THE SAFETY NET 108,945
2 EDUCATION 270,185
3 CAPACITY BUILDING 229,296
4 HEALTHY BEHAVIORS 532,764
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
135,653,946
b
Average of monthly cash balances.......................
1b
3,285,735
c
Fair market value of all other assets (see instructions)................
1c
397,669
d
Total (add lines 1a, b, and c).........................
1d
139,337,350
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
139,337,350
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,090,060
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
137,247,290
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,862,365
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
6,862,365
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
96,175
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
96,175
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,766,190
4
Recoveries of amounts treated as qualifying distributions................
4
263,680
5
Add lines 3 and 4............................
5
7,029,870
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
7,029,870
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
6,593,062
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
6,593,062
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 7,029,870
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 6,231,262
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 6,593,062
a Applied to 2022, but not more than line 2a 6,231,262
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 361,800
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		6,668,070
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
GRANTS MANAGER
106 W FINNEY AVENUE
SUFFOLK,VA23434
(757) 539-8810
bThe form in which applications should be submitted and information and materials they should include:
APPLICATIONS MUST BE SUBMITTED THROUGH THE FOUNDATION'S GRANT PORTAL ACCESSED THROUGH THE OBICI HEALTHCARE FOUNDATION WEBSITE: HTTPS://OBICIHCF.ORG/HOW-TO-APPLY/ THE FOLLOWING MATERIALS MUST ACCOMPANY THE PRIORITY GRANT APPLICATION: 1. IRS DETERMINATION LETTER OR A WRITTEN DOCUMENT CERTIFYING TAX EXEMPT STATUS 2. PROPOSAL COVER SHEET 3. PROJECT NARRATIVE 4. BUDGET WORKSHEET AND BUDGET NARRATIVE 5. CURRENT AUDITED FINANCIAL STATEMENTS OR 990 6. ANY OTHER SUPPLEMENTAL MATERIAL DETAILED IN THE RFP
cAny submission deadlines:
PRIORITY GRANTS - DEADLINES VARY BY RFP COMMUNITY ENGAGEMENT GRANTS - NO DEADLINE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
1. LOBBYING OR POLITICAL PROGRAMS OR EVENTS 2. ACTIVITIES THAT EXCLUSIVELY BENEFIT THE MEMBERS OF SECTARIAN OR RELIGIOUS ORGANIZATIONS 3. ORGANIZATIONS THAT DISCRIMINATE BY RACE, COLOR, CREED, GENDER OR NATIONAL ORIGIN 4. BIOMEDICAL, CLINICAL OR EDUCATIONAL RESEARCH 5. INDIVIDUAL SCHOLARSHIPS 6. DIRECT SUPPORT TO ENDOWMENTS 7. FUNDING THAT SUPPLANTS EXISTING SOURCES OF SUPPORT 8. INDIVIDUALS, INCLUDING PATIENT ASSISTANCE FUNDS 9. PROJECTS OUTSIDE OF THE FOUNDATION'S SERVICE AREA 10. MEETINGS AND CONFERENCES, UNLESS THEY ARE ESSENTIAL TO A LARGER PROJECT 11. DIRECT FUNDING FOR MEDICAL OR SOCIAL SERVICES THAT ARE ALREADY FUNDED THROUGH EXISTING THIRD-PARTY REIMBURSEMENT SOURCES 12. ORGANIZATIONS THAT DO NOT HAVE 501(C)(3) STATUS OR ARE NOT A PUBLIC ENTITY 13. PROJECTS NOT RELATED TO THE FOUNDATION'S MISSION STATEMENT
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

CENTER FOR NONPROFIT EXCELLENCE

1701-A ALLIED STREET
CHARLOTTESVILLE,VA22903 		N/A PC CAPACITY BUILDING 218,791

MEALS ON WHEELS OF SUFFOLK & ISLE OF WIGHT INC

2800 GODWIN BLVD
SUFFOLK,VA23434 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

EARLY CHILDHOOD WESTERN TIDEWATER

601 NORTH MECHANIC STREET
FRANKLIN,VA23851 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

PARENTS AGAINST BULLYING VA

600 FREEMAN DRIVE APT 402
HAMPTON,VA23666 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

ARMED SERVICES YMCA OF HAMPTON ROADS

1465 LAKESIDE ROAD
VIRGINIA BEACH,VA23455 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

COMMUNITY COALITION OF SUSSEX VA

P O BOX 502
STONY CREEK,VA23882 		N/A PC COMMUNITY ENGAGEMENT GRANT 6,000

THE MICRO-NONPROFIT NETWORK INC

1712 ROKEBY AVE
CHESAPEAKE,VA23320 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

THE WOMAN'S CLUB OF WINDSOR INC

11403 WINDSOR BLVD
WINDSOR,VA23487 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

STAR HAVEN INC

PO BOX 3411
SUFFOLK,VA23439 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

SUFFOLK CENTER FOR CULTURAL ARTS

110 W FINNEY AVENUE
SUFFOLK,VA23434 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

THE WELL WATERED SOUL INC

PO 3264
HAMPTON,VA23666 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

COVER 3 FOOTBALL DBA COVER 3 FOUNDATION

125 S COLLEGE DRIVE
FRANKLIN,VA238512425 		N/A PC COMMUNITY ENGAGEMENT GRANT 6,000

CITY OF SUFFOLK

442 WASHINGTON STREET
SUFFOLK,VA23434 		N/A GOV COMMUNITY ENGAGEMENT GRANT 3,500

HEART OF GOLD SHELTER

26566 EAST NOTTOWAY DR
COURTLAND,VA23837 		N/A PC COMMUNITY ENGAGEMENT GRANT 1,700

DERRICK THOMPSON FOUNDATION

117 POCAHONTAS STREET
FRANKLIN,VA23851 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,500

AMERICAN NATIONAL RED CROSS

611 W BRAMBLETON AVENUE
NORFOLK,VA23510 		N/A PC COMMUNITY ENGAGEMENT GRANT 4,000

WORLD WIDE WOMEN GROUP INCORPORATED

6351 SCOTTSFIELD DRIVE
SUFFOLK,VA234352268 		N/A PC COMMUNITY ENGAGEMENT GRANT 4,000

YOUNG AUDIENCES OF VIRGINIA INC

420 NORTH CENTER DRIVE
NORFOLK,VA23502 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,500

ALL DISTRICT READS

PO BOX 3723
NORFOLK,VA23514 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

I PRESSED ON FOUNDATION

900 COMMONWEALTH PLACE
VIRGINIA BEACH,VA23464 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

NO SHAME PERIOD

3465 HUNTERS RIDGE
WILLIAMSBURG,VA23188 		N/A PC COMMUNITY ENGAGEMENT GRANT 575

TOFT INC

6210 OAKGLEN DRIVE
SUFFOLK,VA23435 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

SURRY COUNTY PUBLIC SCHOOLS

PO BOX 317
SURRY COUNTY,VA23883 		N/A GOV COMMUNITY ENGAGEMENT GRANT 5,000

ISLE OF WIGHT COUNTY SCHOOLS

820 W MAIN ST
SMITHFIELD,VA23430 		N/A GOV COMMUNITY ENGAGEMENT GRANT 2,010

NEWSOMS UNITED METHODIST CHURCH

29189 SOUTH MAIN STREET
NEWSOMS,VA23874 		N/A PC COMMUNITY ENGAGEMENT GRANT 7,000

REACH OUT AND READ INC

89 SOUTH STREET STE 201
BOSTON,MA02111 		N/A PC COMMUNITY ENGAGEMENT GRANT 4,500

ALBEMARLE AREA UNITED WAY INC

PO BOX 293
ELIZABETH CITY,NC27907 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

THE NASIA FOUNDATION

739 HIGH ST
PORTSMOUTH,VA23704 		N/A PC COMMUNITY ENGAGEMENT GRANT 1,500

AMERICAN CANCER SOCIETY

477 VIKING DRIVE SUITE 130
VIRGINIA BEACH,VA23452 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,500

JESSICA ANN MOORE FOUNDATION

408 SCHOOL STREET
WAVERLY,VA23890 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

HAMPTON ROADS BLACK NONPROFIT ALLIANCE

1225 KEMPSVILLE RD
VIRGINIA BEACH,VA23464 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,100

SURRY COUNTY

45 SCHOOL STREET
SURRY,VA23883 		N/A GOV COMMUNITY ENGAGEMENT GRANT 4,000

POWER OF THE MIND INC

PO BOX 112
GATES,NC27937 		N/A PC COMMUNITY ENGAGEMENT GRANT 500

WESTERN TIDEWATER TENNIS ASSOCIATION

136 WYNNWOOD DRIVE
FRANKLIN,VA23851 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

SILVER CARE DEMENTIA CENTER INC

3659 SEWELLS POINT RD
NORFOLK,VA23513 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,500

HOPE CENTER MINISTRIES

517 KILBY SHORES DR
SUFFOLK,VA23434 		N/A PC COMMUNITY ENGAGEMENT GRANT 500

FORKIDS INC

1001 POINDEXTER STREET
CHESAPEAKE,VA233242444 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

SUFFOLK ALUMNAE CHAPTER OF DELTA SIGMA THETA SORORITY INC

PO BOX 3367
SUFFOLK,VA23439 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

STRAIGHTEN UP AND FLY RIGHT INC

PO BOX 774
SUFFOLK,VA23439 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

THE BENJAMIN GOLDBERG FOUNDATION

PO BOX 61778
VIRGINIA BEACH,VA23466 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,500

ISLE OF WIGHT CHRISTIAN OUTREACH PROGRAM

402 GRACE STREET
SMITHFIELD,VA23430 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

SUFFOLK CHRISTIAN FELLOWSHIP CENTER

211 E WASHINGTON ST
SUFFOLK,VA23434 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,000

COALITION AGAINST POVERTY IN SUFFOLK (CAPS)

157 N MAIN ST
SUFFOLK,VA23434 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

SMITHFIELD MOMS COLLECTIVE

401 GRACE STREET
SMITHFIELD,VA23430 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,500

FRANKLIN CITY PUBLIC SCHOOLS

207 W SECOND AVENUE
FRANKLIN,VA23851 		N/A GOV EARLY CHILDHOOD EDUCATION 7,250

SOUTHAMPTON COUNTY PUBLIC SCHOOLS

21308 PLANK ROAD
COURTLAND,VA23837 		N/A GOV EARLY CHILDHOOD EDUCATION 11,500

SUFFOLK PUBLIC SCHOOLS

100 NORTH MAIN STREET PO BOX 1549
SUFFOLK,VA23434 		N/A GOV EARLY CHILDHOOD EDUCATION 26,250

ISLE OF WIGHT COUNTY SCHOOLS

820 W MAIN ST
SMITHFIELD,VA23430 		N/A GOV EARLY CHILDHOOD EDUCATION 11,750

THE CHILDREN'S CENTER

700 CAMPBELL AVE
FRANKLIN,VA23851 		N/A PC EARLY CHILDHOOD EDUCATION 6,750

SURRY COUNTY PUBLIC SCHOOLS

PO BOX 317
SURRY COUNTY,VA23883 		N/A GOV EARLY CHILDHOOD EDUCATION 6,500

CENTER FOR NONPROFIT EXCELLENCE

1701-A ALLIED STREET
CHARLOTTESVILLE,VA22903 		N/A PC CAPACITY BUILDING 218,791

GRAZ'N ACRES THERAPEUTIC RIDING CENTER

14492 IVOR ROAD
SEDLEY,VA23878 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,000

VOICES FOR KIDS CASA PROGRAM OF SOUTHEAST VIRGINIA

P O BOX 949 409 MAIN STREET
SMITHFIELD,VA23431 		N/A PC COMMUNITY ENGAGEMENT GRANT 1,000

THE CONFESS PROJECT OF THE SOUTHEAST DBA TRUSTED COMMUNITY PARTNERS OF THE

500 E MAIN STREET 16TH FLOOR
NORFOLK,VA23510 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,500

VIRGINIA SUPPORTIVE HOUSING

PO BOX 8585
RICHMOND,VA23226 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

FIRST CONNECTIONS FOR EARLY SUCCESS

209 E CAWSON STREET
HOPEWELL,VA23860 		N/A PC HEALTHY BEHAVIORS 115,491

EAST END BAPTIST CHURCH

1056 PORTSMOUTH BLVD
SUFFOLK,VA23434 		N/A PC COMMUNITY ENGAGEMENT GRANT 1,000

ISLE OF WIGHT COUNTY SCHOOLS

820 W MAIN ST
SMITHFIELD,VA23430 		N/A GOV COMMUNITY ENGAGEMENT GRANT 2,500

TIDEWATER ARTS OUTREACH

809 BRANDON AVENUE
NORFOLK,VA23517 		N/A PC COMMUNITY ENGAGEMENT GRANT 1,000

FOODBANK OF SOUTHEASTERN VIRGINIA

800 TIDEWATER DRIVE
NORFOLK,VA23504 		N/A PC HEALTHY BEHAVIORS 100,000

FRANKLIN PARKS FOUNDATION

PO BOX 775
FRANKLIN,VA23851 		N/A PC HEALTHY BEHAVIORS 100,000

THE SUFFOLK FOUNDATION

110 W FINNEY AVE
SUFFOLK,VA23434 		N/A PC EDUCATION 200,000

WALK IN IT INC

PO BOX 1447
SUFFOLK,VA23439 		N/A PC COMMUNITY ENGAGEMENT GRANT 500

LOVE COMMUNITY FELLOWSHIP

PO BOX 224
GATES,NC27937 		N/A PC COMMUNITY ENGAGEMENT GRANT 500

CORNERSTONE BALLET

152 S MAIN ST
SUFFOLK,VA23434 		N/A PC COMMUNITY ENGAGEMENT GRANT 500

MISSIONARY OUTREACH

811 SEMINOLE DRIVE
SUFFOLK,VA23434 		N/A PC COMMUNITY ENGAGEMENT GRANT 500

BOYS AND GIRLS CLUBS OF SOUTHEAST VIRGINIA

1300 DIAMOND SPRINGS ROAD SUITE 300
VIRGINIA BEACH,VA23455 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

ASSOCIATION OF FUNDRAISING PROFESSIONALS

PO BOX 2338
NORFOLK,VA23501 		N/A PC COMMUNITY ENGAGEMENT GRANT 1,000

WESTERN TIDEWATER COMMUNITY SERVICES BOARD

7025 HARBOUR VIEW BLVD SUITE 119
SUFFOLK,VA23435 		N/A PC STRENGTHENING THE SAFETY NET 179,650

RX DRUG ACCESS PARTNERSHIP

1500 FOREST AVE
RICHMOND,VA23229 		N/A PC STRENGTHENING THE SAFETY NET 20,000

THE AMERICAN HEART ASSOCIATION

4669 SOUTH BLVD STE 103
VIRGINIA BEACH,VA23452 		N/A PC STRENGTHENING THE SAFETY NET 50,793

WESTERN TIDEWATER FREE CLINIC

2019 MEADE PARKWAY
SUFFOLK,VA23434 		N/A PC STRENGTHENING THE SAFETY NET 764,500

THE UP CENTER

580 E MAIN STREET SUITE 400
NORFOLK,VA23510 		N/A PC STRENGTHENING THE SAFETY NET 278,244

VIRGINIA LEGAL AID SOCIETY INC

PO BOX 6200
LYNCHBURG,VA24505 		N/A PC STRENGTHENING THE SAFETY NET 304,850

FORKIDS INC

1001 POINDEXTER STREET
CHESAPEAKE,VA233242444 		N/A PC STRENGTHENING THE SAFETY NET 40,000

HORIZON HEALTH SERVICES INC

8314 MAIN STREET
IVOR,VA23866 		N/A PC STRENGTHENING THE SAFETY NET 379,070

MAKE-A-WISH GREATER VIRGINIA

2810 N PARHAM ROAD
RICHMOND,VA23294 		N/A PC COMMUNITY ENGAGEMENT GRANT 1,000

CARE FOR ME YOUTH INITIATIVES

1225 KEMPSVILLE RD
VIRGINIA BEACH,VA23467 		N/A PC COMMUNITY ENGAGEMENT GRANT 500

WESTERN TIDEWATER COMMUNITY SERVICES BOARD

7025 HARBOUR VIEW BLVD SUITE 119
SUFFOLK,VA23435 		N/A PC STRENGTHENING THE SAFETY NET 339,822

COMMUNITY COALITION OF SUSSEX VA

P O BOX 502
STONY CREEK,VA23882 		N/A PC HEALTHY BEHAVIORS 50,000

COVER 3 FOOTBALL DBA COVER 3 FOUNDATION

125 S COLLEGE DRIVE
FRANKLIN,VA238512425 		N/A PC HEALTHY BEHAVIORS 50,000

JESSICA ANN MOORE FOUNDATION

408 SCHOOL STREET
WAVERLY,VA23890 		N/A PC HEALTHY BEHAVIORS 50,000

FORKIDS INC

1001 POINDEXTER STREET
CHESAPEAKE,VA233242444 		N/A PC HEALTHY BEHAVIORS 100,000

SUSSEX COUNTY YOUTH & ADULT RECREATIONAL ASSOCIATION INC

P O BOX 173
WAVERLY,VA23890 		N/A PC HEALTHY BEHAVIORS 50,000

SOUTHEAST 4-H EDUCATIONAL CENTER

15189 AIRFIELD ROAD
WAKEFIELD,VA23888 		N/A PC HEALTHY BEHAVIORS 30,000

BON SECOURS MERCY HEALTH FOUNDATION

150 KINGSLEY LANE
NORFOLK,VA23505 		N/A PC STRENGTHENING THE SAFETY NET 58,010

VIRGINIA SYMPHONY ORCHESTRA

150 BOUSH STREET
NORFOLK,VA23510 		N/A PC COMMUNITY ENGAGEMENT GRANT 3,000

COMMUNITY FOUNDATION INC (DBA THRIVE BIRTH TO FIVE)

3409 W MOORE ST
RICHMOND,VA23230 		N/A PC EARLY CHILDHOOD EDUCATION 37,200

CITY OF SUFFOLK

442 WASHINGTON STREET
SUFFOLK,VA23434 		N/A GOV EARLY CHILDHOOD EDUCATION 1,929

THE CHILDREN'S CENTER

700 CAMPBELL AVE
FRANKLIN,VA23851 		N/A PC EARLY CHILDHOOD EDUCATION 69,860

EARLY CHILDHOOD WESTERN TIDEWATER

601 NORTH MECHANIC STREET
FRANKLIN,VA23851 		N/A PC EARLY CHILDHOOD EDUCATION 15,000

THE DOORWAYS FORMERLY HOSPITALITY HOUSE OF RICHMOND INC

612 E MARSHALL STREET
RICHMOND,VA23219 		N/A PC COMMUNITY ENGAGEMENT GRANT 5,000

THE LINKS FOUNDATION (ON BEHALF OF THE SUFFOLK VA CHAPTER)

PO BOX 721
SUFFOLK,VA23434 		N/A PC COMMUNITY ENGAGEMENT GRANT 1,000

FIRST CONNECTIONS FOR EARLY SUCCESS

209 E CAWSON STREET
HOPEWELL,VA23860 		N/A PC EARLY CHILDHOOD EDUCATION 25,000

THE EDWARD BROWN FOUNDATION

230 PARADISE DRIVE
PORTSMOUTH,VA23701 		N/A PC COMMUNITY ENGAGEMENT GRANT 1,000

LIONS CHARITY FOUNDATION OF SOUTHEASTERN VIRGINIA

2357 HAVERSHAM CLOSE
VIRGINIA BEACH,VA23454 		N/A PC COMMUNITY ENGAGEMENT GRANT 9,500

GIRLS ON THE RUN OF SOUTH HAMPTON ROADS

5817 WESLEYAN DRIVE
VIRGINIA BEACH,VA23455 		N/A PC HEALTHY BEHAVIORS 100,000

CENTER FOR NONPROFIT EXCELLENCE

1701-A ALLIED STREET
CHARLOTTESVILLE,VA22903 		N/A PC CAPACITY BUILDING 218,791

SUFFOLK EDUCATION FOUNDATION

PO BOX 394
SUFFOLK,VA23439 		N/A PC COMMUNITY ENGAGEMENT GRANT 2,000

WESTERN TIDEWATER HEALTH DISTRICT

135 HALL AVE SUITE A
SUFFOLK,VA23434 		N/A GOV MATERNAL CHILD HEALTH 262,392

THE CHILDREN'S CENTER

700 CAMPBELL AVE
FRANKLIN,VA23851 		N/A PC MATERNAL CHILD HEALTH 152,149

CHILDREN'S HEALTH INVESTMENT PROGRAM OF SOUTH HAMPTON ROADS

1302 JEFFERSON STREET
CHESAPEAKE,VA23324 		N/A PC MATERNAL CHILD HEALTH 250,000
Total .................................right arrow 3a 5,097,218
bApproved for future payment

T2 FITNESS FOUNDATION
928 DIAMOND SPRINGS ROAD SUITE 111
VIRGINIA BEACH,VA23455 		N/A PC HEALTHY BEHAVIORS 58,615

FOODBANK OF SOUTHEASTERN VIRGINIA
800 TIDEWATER DRIVE
NORFOLK,VA23504 		N/A PC HEALTHY BEHAVIORS 100,000

FRANKLIN PARKS FOUNDATION
PO BOX 775
FRANKLIN,VA23851 		N/A PC HEALTHY BEHAVIORS 100,000

WESTERN TIDEWATER FREE CLINIC
2019 MEADE PARKWAY
SUFFOLK,VA23434 		N/A PC STRENGTHENING THE SAFETY NET 786,500

WESTERN TIDEWATER COMMUNITY SERVICES BOARD
7025 HARBOUR VIEW BLVD SUITE 119
SUFFOLK,VA23435 		N/A PC STRENGTHENING THE SAFETY NET 179,650

RX DRUG ACCESS PARTNERSHIP
1500 FOREST AVE
RICHMOND,VA23229 		N/A PC STRENGTHENING THE SAFETY NET 25,000

FORKIDS INC
1001 POINDEXTER STREET
CHESAPEAKE,VA233242444 		N/A PC STRENGTHENING THE SAFETY NET 40,000

WESTERN TIDEWATER COMMUNITY SERVICES BOARD
7025 HARBOUR VIEW BLVD SUITE 119
SUFFOLK,VA23435 		N/A PC STRENGTHENING THE SAFETY NET 339,822

THE UP CENTER
580 E MAIN STREET SUITE 400
NORFOLK,VA23510 		N/A PC STRENGTHENING THE SAFETY NET 283,439

THE AMERICAN HEART ASSOCIATION
4669 SOUTH BLVD STE 103
VIRGINIA BEACH,VA23452 		N/A PC STRENGTHENING THE SAFETY NET 47,582

HORIZON HEALTH SERVICES INC
8314 MAIN STREET
IVOR,VA23866 		N/A PC STRENGTHENING THE SAFETY NET 386,653

VIRGINIA LEGAL AID SOCIETY INC
PO BOX 6200
LYNCHBURG,VA24505 		N/A PC STRENGTHENING THE SAFETY NET 311,098

FORKIDS INC
1001 POINDEXTER STREET
CHESAPEAKE,VA233242444 		N/A PC HEALTHY BEHAVIORS 200,000

FIRST CONNECTIONS FOR EARLY SUCCESS
209 E CAWSON STREET
HOPEWELL,VA23860 		N/A PC EARLY CHILDHOOD EDUCATION 18,755

GIRLS ON THE RUN OF SOUTH HAMPTON ROADS
5817 WESLEYAN DRIVE
VIRGINIA BEACH,VA23455 		N/A PC HEALTHY BEHAVIORS 100,000

THE CHILDREN'S CENTER
700 CAMPBELL AVE
FRANKLIN,VA23851 		N/A PC MATERNAL CHILD HEALTH 156,041

CHILDREN'S HEALTH INVESTMENT PROGRAM OF SOUTH HAMPTON ROADS
1302 JEFFERSON STREET
CHESAPEAKE,VA23324 		N/A PC MATERNAL CHILD HEALTH 250,000

WESTERN TIDEWATER HEALTH DISTRICT
135 HALL AVE SUITE A
SUFFOLK,VA23434 		N/A GOV MATERNAL CHILD HEALTH 262,392
Total ................................. right arrow 3b 3,645,547
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 426,154  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     01 3,345  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 4,127,790  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME 		900099   01 1,680  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,558,969 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,558,969
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 66,746 0 0 66,746

TY 2023 InvestmentsCorpStockSchedule
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Name of Stock End of Year Book Value End of Year Fair Market Value
EXCHANGE-TRADED FUNDS AND MUTUAL FUNDS 9,669,850 9,669,850

TY 2023 InvestmentsOtherSchedule2
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALTERNATIVE INVESTMENTS - FOREIGN CORPORATIONS FMV 57,499,283 57,499,283
ALTERNATIVE INVESTMENTS - LIMITED PARTNERSHIPS AND CORPORATIONS FMV 75,648,775 75,648,775

TY 2023 OtherAssetsSchedule
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
ART COLLECTION 373,669 373,669 373,669
CEMETARY LOTS 24,000 24,000 24,000
EXCISE TAX RECEIVABLE 106,889 30,505 30,505
UBIT TAX RECEIVABLE 0 62,380 62,380


TY 2023 OtherExpensesSchedule
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROGRAM DEVELOPMENT 283,184 0 0 284,437
INSURANCE 15,967 0 0 16,139
MISC. EXPENSES 2,374 0 0 2,385
DUES & SUBSCRIPTIONS 24,036 0 0 24,036
TECHNOLOGY EXPENSES 27,766 0 0 19,716


TY 2023 OtherIncomeSchedule2
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
INCOME FROM PARTNERSHIPS 0 3,083,037 0
MISC. INVESTMENT INCOME 3,345 3,345 0
OTHER INCOME 1,680   1,680


TY 2023 OtherIncreasesSchedule
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Description Amount
UNREALIZED GAINS/LOSSES IN INVESTMENTS, PARTNERSHIPS & FOREIGN INVESTMENTS 16,424,797


TY 2023 OtherLiabilitiesSchedule
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Description Beginning of Year - Book Value End of Year - Book Value
DEFERRED TAXES PAYABLE 480,903 643,126
EXCISE TAX PAYABLE 56,431 0


TY 2023 OtherProfessionalFeesSchedule
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 721,231 721,231 0 0


TY 2023 TaxesSchedule
Name:
OBICI HEALTHCARE FOUNDATION INC
EIN:
51-0249728
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER TAXES AND FEES 475 0 0 475
EXCISE TAXES 258,398 0 0 0
UBIT 2,208 0 0 0