Innsbrook Foundation

The Innsbrook Foundation is a nonprofit organization designated as a 501(c)(4), focusing on civic leagues, social welfare organizations, and local associations of employees. It aims to promote community welfare for charitable, educational, or recreational purposes. The foundation operates within the context of community improvement and capacity building.

Overview

Located in Glen Allen, Virginia, Innsbrook Foundation plays a significant role in fostering community development through various programs and events. It is part of the larger Innsbrook complex, which is a planned mixed-use business park that includes a variety of commercial properties, residential areas, and recreational spaces.

Activities and Objectives

The foundation's primary goal is to create and sustain a vibrant community by hosting events and supporting initiatives that enhance the quality of life for both residents and visitors. Key activities include organizing events such as concerts, business networking meetings, and community festivals, with the aim of promoting philanthropy and community engagement.

Financial Operations

Historically, the Innsbrook Foundation's revenues have been primarily derived from program services. The organization has provided grants to support local initiatives and has operated with a mix of contributions, rental property income, and other revenue sources.

Legal Status

As a 501(c)(4) organization, donations to the Innsbrook Foundation are not tax-deductible. This designation allows the foundation to engage in lobbying and advocacy efforts, alongside community welfare activities.

History and Leadership

Innsbrook Foundation has been active for over three decades, with leadership roles held by key figures responsible for managing its operations and strategic direction. The foundation often works closely with local associations and stakeholders to ensure that its activities align with community needs and goals.

Role in Community Development

Innsbrook Foundation's efforts contribute to the broader vision of transforming Innsbrook into a thriving "live, work, play" environment. This vision aligns with broader community development strategies in the region, fostering a harmonious and attractive community space.

[1] https://rocketreach.co/innsbrook-foundation-profile_b4489624fced1b66 [2] https://projects.propublica.org/nonprofits/organizations/541970868 [3] https://www.instrumentl.com/990-report/innsbrook-foundation [4] https://www.bbb.org/us/va/glen-allen/profile/association-management/innsbrook-foundation-0603-63411529 [5] https://innsbrook.com/development-guidelines/