GrantAuthority

Mid-Atlantic Broadband Communities Corporation

Grantmaking foundation in South Boston, Virginia · EIN 27-0076588

Total giving
$550KTax year 2025
Total assets
$180MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR SOCIAL WELFARE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE, INCLUDING, BUT NOT LIMITED TO PROMOTING ECONOMIC DEVELOPMENT, LESSENING THE BURDENS OF GOVERNMENT, AND REVITALIZING ECONOMICALLY DISTRESSED RURAL AREAS BY CONSTRUCTION AND OPERATING A PUBLICLY FUNDED FIBER-OPTIC NETWORK FOR THE BENEFIT OF THE COMMUNITIES AND CITIZENS OF SOUTHERN VIRGINIA. ADDITIONALLY, THE CORPORATION IS BRIDGING THE DIGITAL DIVIDE IN RURAL AREAS WHERE COMMERCIAL PROVIDERS HAVE NOT FOUND IT TO BE ECONOMICALLY FEASIBLE TO INVEST.

Quoted from the foundation's IRS filing.

Giving by year

$370K2021
$300K2022
$470K2023
$510K2024
$550K2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Sova Innovation Hub Corporation$250K2021
Central High School$9K2021
Cumberland Public Schools$7.5K2021
Amelia County Public Schools$6K2021
Danville Public Schools$6K2021

Amounts are rounded. The full grantee list is available with a free account.

Website: www.mbc-va.com

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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.