Henrico Education Foundation

What Henrico Education Foundation does

Henrico Education Foundation (HEF) is a private 501(c)(3) nonprofit organization (EIN 54-1893274) founded in 1993 and headquartered at 8401 Patterson Ave, Suite 203, Henrico, Virginia, operating as the official philanthropic partner of Henrico County Public Schools. It serves nearly 50,000 students across 75 HCPS schools and centers, funding programs that public funding alone cannot support. HEF is governed by a Board of Directors, employs approximately 40 staff, and is led by CEO Jennifer Boyle (effective September 15, 2025).

HEF's core programs include LifeReady Solutions (grant funding for innovative classroom projects, renamed from HEF Innovative Grants in December 2024), the Learning & Discovery afterschool enrichment program ($88/student/week at nine elementary school sites), 21st Century Community Learning Centers (federally funded afterschool and summer programming), the Virginia Early Learning Partners (VAELP) early childhood initiative, the JROTC Giving Fund, and a scholarship program that disbursed $51,200 to 19 high school seniors in 2023 and $80,200 to 27 seniors in 2024. Fundraising vehicles include the annual Tee Off for Education Golf Tournament (in its 27th year as of 2025) and the Excellence in Education Celebration gala, which raised a record $400,000 with 68 business sponsors in 2024. Major corporate and foundation partners include Meta, Dell Technologies, Dominion Energy, ColonialWebb, CarMax Foundation, Amazon, Anthem, Bon Secours, Clark Construction, Comcast, Corebridge Financial, Genworth CareScout, Gilbane, and Berkshire Hathaway Energy. The Dr. William C. Bosher, Jr. Memorial Teaching for Excellence Endowment Fund (announced 2024, $5M long-term goal) is a perpetual-funding initiative.

HEF's revenue model is event-driven philanthropy: individual donations processed through Blackbaud, corporate sponsorships, annual fundraising events, and the Virginia Neighborhood Assistance Act (NAPE) Tax Credit program — under which HEF is an approved Neighborhood Organization able to pass through 65% Virginia state tax credits on qualifying donations of $1,000 or more ($133,965 in NAPE credits allocated for July 2025-June 2026). Distribution is direct through HCPS's 75 schools, via online donation portal (henricogives.org), through the Eleyo afterschool registration platform, and — as of May 2026 — through the NationBuilder-powered Henrico Alumni & Friends engagement platform. Geographic reach is restricted to Henrico County, Virginia.

Name

Henrico Education Foundation

Legal name

Henrico Education Foundation

Website

https://henricogives.org

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Henrico Education Foundation is a 501(c)(3) nonprofit founded in 1993 that serves as the official philanthropic partner of Henrico County Public Schools, raising donations and corporate sponsorships to fund programs for nearly 50,000 students across 75 schools.

Ownership category

akta.pro rank

Product category

Education Foundation / K-12 Philanthropic Services

NAICS

Educational Support Services (611710)

SIC

Services-Educational Services (8200)

akta.pro primary industry

College Access, Scholarships & Student Success Nonprofits (BPAGADAE)

akta.pro secondary industries

Education Grantmaking Foundations (BPAGAKAK), After-School, Tutoring & Academic Enrichment Nonprofits (BPAGADAC), Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

Keywords

• Education philanthropy
• School foundation fundraising
• Teacher classroom grants
• After school enrichment programs
• Student scholarship programs

Headquarters

HQ city

Henrico

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. Donations and Fundraising: The foundation raises funds through individual donations, corporate sponsorships, and community giving programs including Virginia tax credits (NAPE program offering 65% state tax credits on qualifying donations of $1,000 or more).
2. Annual Events Revenue: Major annual fundraising events including the Tee Off for Education Golf Tournament and Excellence in Education Celebration generate significant unrestricted funds - the 2024 celebration raised a record $400,000 in a single event.
3. Endowment Funds: The Dr. William C. Bosher, Jr. Memorial Teaching for Excellence Endowment Fund aims to create perpetual financial support for public education, with a goal of raising $5 million for full endowment.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Henrico Education Foundation is a 501(c)(3) nonprofit that raises funds through individual donations, corporate sponsorships, the annual Tee Off for Education Golf Tournament, the Excellence in Education Celebration gala, and the Virginia NAPE tax credit program, then distributes those resources as grants, scholarships, after-school enrichment (Learning & Discovery, 21st Century Community Learning Centers), early-learning partnerships (VAELP), and the Bosher Memorial Endowment to support Henrico County Public Schools students, teachers, and families.

Product overview

Henrico Education Foundation operates as a philanthropic nonprofit supporting Henrico County Public Schools through multiple interconnected programs. The core offerings include LifeReady Solutions (grant funding for innovative classroom projects), afterschool programs (Learning & Discovery and 21st Century Community Learning Centers), early learning partnerships (VAELP), and scholarship assistance. Fundraising vehicles include the annual Tee Off for Education Golf Tournament and Excellence in Education Celebration gala. The foundation also manages the NAPE Tax Credits program for donor incentives, JROTC Giving Fund, and the Bosher Memorial Endowment. The recently launched Henrico Alumni & Friends platform extends community engagement to HCPS graduates.

Differentiator

Problem solved

Functional benefit

Brands

• Virginia Early Learning Partners (VAELP): Early learning partnership supporting preschool education in Henrico County, helping support 100 Pre-K graduates annually.
• Learning & Discovery
• LifeReady Solutions
• 21st Century Programs

Products and services

• LifeReady Solutions (formerly Innovative Grants) Grant program that funds innovative classroom projects and educational initiatives across Henrico County Public Schools, renamed in December 2024 to better reflect its mission of preparing students to be future ready.
• Learning & Discovery After School Program Afterschool enrichment program operating daily until 6pm at nine elementary school locations, offering enrichment excursions and activities including yoga and mindfulness. Charges $88 per student per week.
• 21st Century Community Learning Centers Federal grant-funded afterschool and summer programs providing academic support, enrichment activities, and family engagement opportunities at middle and elementary schools in Henrico County.
• Virginia Early Learning Partners (VAELP) Partnership program supporting early childhood education and preschool initiatives in Henrico County through public/private funding collaborations, supporting around 100 Pre-K graduates annually.
• Community Learning Centers (CLC) After-school programs at high schools offering STEM enrichment, academic support, and family engagement activities for Henrico County Public Schools students.
• Scholarship Program Financial assistance for Henrico County Public Schools seniors continuing education beyond high school, including honorary and memorial funds; $51,200 was awarded to 19 seniors in 2023 and $80,200 to 27 seniors in 2024.
• Tee Off for Education Golf Tournament Annual fundraising golf tournament supporting innovative HCPS programming, in its 27th year as of 2025; the 2023, 2024, and 2025 tournaments each raised more than $47,000-$50,000.
• Excellence in Education Celebration Annual gala celebrating workforce and career development in Henrico County, featuring interactive exhibits and 17 career clusters; the 2024 event raised a record $400,000 with 68 business sponsors.
• JROTC Giving Fund Tax-deductible donation program supporting Henrico County JROTC programs focused on leadership development, character building, and college/career preparation.
• NAPE Tax Credits Program Virginia Neighborhood Assistance Act Tax Credit program enabling donors to receive 65% state tax credits on qualifying donations of $1,000 or more, channeled to approved neighborhood organizations like HEF.
• Dr. William C. Bosher, Jr. Memorial Teaching for Excellence Endowment Fund Endowment campaign with a goal of raising $5 million to create perpetual financial support for public education in Henrico County, intended to touch the lives of more than 48,000 students and teachers each year.
• Henrico Alumni & Friends Online alumni and community engagement platform launched May 2026 via NationBuilder, connecting HCPS alumni, parents, and community supporters through networking features and exclusive benefits.
• eSports Clubs Expansion Meta-funded initiative expanding eSports clubs across HCPS middle schools to increase student connection with school community and improve attendance, well-being, and academic performance in math and science.
• Center for Environmental Studies and Sustainability Specialty program at Varina High School featuring updated labs, a greenhouse, and a mobile water quality testing lab for hands-on environmental learning, funded by Meta and HEF.
• Henrico 21 #LifeReady Learning Exhibition District-wide annual celebration recognizing the best learner-centered experiences from each of HCPS's 74 educational facilities.

Quantifiable outcome

• 71,000+ students, teachers, and families benefited from HEF-funded programs in two years
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Three partnerships are on record, tiered core and major.

• Henrico County Public SchoolscoreStrategic or Co-development PartnerHEF serves as the official philanthropic partner of HCPS, working together on innovative programs, scholarships, and student support initiatives across 75 schools.
• Reynolds Community CollegemajorStrategic or Co-development PartnerEducational partner supporting HEF and HCPS initiatives, appearing as sponsor and collaborator.
• Virginia Early Learning Partners (VAELP)coreStrategic or Co-development PartnerPartnership supporting early childhood learning in Henrico County, helping preschools achieve quality ratings and expand early learning spaces.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• The Pittsburgh Foundation: Large community foundation with a significant education grantmaking portfolio including scholarship funds and school-district partnerships. Differentiated by its multi-district and multi-cause scope, but the education-funding mechanism is structurally comparable.
• Aspen Education Foundation (Community Foundation for a Greater Richmond): Regional community foundation in the greater Richmond area managing donor-advised and scholarship funds with substantial education grantmaking — overlapping with HEF's scholarship administration and education grantmaking roles.

Emerging players

• DonorsChoose: National crowdfunding platform for teacher classroom projects; competes for the same donor mindshare and corporate CSR dollars that flow into HEF's LifeReady Solutions (formerly Innovative Grants) program.
• AdoptAClassroom.org: National nonprofit that funds classroom supplies and resources across public schools — overlapping with HEF's grants-for-educators offering and competing for corporate and individual giving in the same space.

Direct peers

• Fairfax Education Foundation: Raises private funds for Fairfax County Public Schools, a much larger Virginia district but operating a fundamentally identical model — district-affiliated foundation funding scholarships, classroom innovation, and equity programs.
• Norfolk Education Foundation: Philanthropic arm of Norfolk Public Schools offering competitive classroom grants, scholarships, and workforce-readiness programs. Directly analogous in mission and program mix to HEF.
• Virginia Beach City Public Schools Education Foundation: Supports Virginia Beach City Public Schools through grants, scholarships, and teacher recognition in another large Virginia district — same district-affiliated foundation archetype.
• Chesterfield Education Foundation: Philanthropic partner of Chesterfield County Public Schools, a neighboring district to Henrico in the Richmond metro. Mirrors HEF's structure with corporate-sponsored grants, scholarships, and teacher support programs in a comparable suburban Virginia district.
• Richmond Public Schools Education Foundation (RPSEF): The philanthropic partner of Richmond Public Schools, immediately adjacent to Henrico County. Operates a substantially similar model — fundraising, classroom grants, scholarships, and afterschool support for a single urban-suburban school district — making it the closest functional peer.
• Hanover Education Foundation: Supports Hanover County Public Schools in the greater Richmond region with a similar mission of classroom innovation grants and scholarships. Closely comparable in scope, governance structure, and geographic setting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/henrico-education-foundation-inc-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Henrico Education Foundation