2026-05-14T09:12:16-05:00 2025-06-30 540504608 BROWN EDWARDS & COMPANY LLP 701 TOWN CENTER DRIVE SUITE 700 NEWPORT NEWS VA 23606 990 2024-07-01 546074532 VIRGINIA STATE UNIVERSITY FOUNDATION VIRG 8045245215 PO BOX 9027 PETERSBURG VA 23806 ROBERT L TURNER JR EXECUTIVE DIRECTOR 8045245215 2026-05-13 1 1 JACOB REEVES P01875186 7578731033 2026-05-13 2024 2025-03-06 01:10:19Z ROBERT L TURNER JR PO BOX 9027 PETERSBURG VA 23806 17198362 0 X FOUNDATION.VSU.EDU X FOUNDATION 1968 VA TO SUPPORT THE MISSION OF VIRGINIA STATE UNIVERSITY BY RECEIVING, MANAGING AND DISTRIBUTING DONATIONS AND CONTRIBUTIONS THAT AID IN THE ENHANCEMENT AND GROWTH OF THE UNIVERSITY. 19 17 2 26 0 0 3453352 4101081 0 0 1157907 1479315 0 0 4611259 5580396 912813 1146629 0 0 233481 231550 0 0 0 2296698 1593170 3442992 2971349 1168267 2609047 39494458 44234914 6275325 6075146 33219133 38159768 X TO SUPPORT THE MISSION OF VIRGINIA STATE UNIVERSITY BY RECEIVING, MANAGING AND DISTRIBUTING DONATIONS AND CONTRIBUTIONS THAT AID IN THE ENHANCEMENT AND GROWTH OF THE UNIVERSITY. 0 0 1146629 1146629 SCHOLARSHIPS AND AWARDS TO STUDENTS. 439 SCHOLARSHIPS WERE AWARDED DURING THE YEAR. 1134848 PROGRAM SUPPORT SERVICES 129218 SUPPORT OF ATHLETIC PROGRAMS 10000 BAND SUPPORT, ACADEMIC SUPPORT, AND VARIOUS MISSION SUPPORT PROGRAMS. 10000 2420695 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 61 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 17 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X VSU FOUNDATION 8045245864 1 HAYDEN DRIVE PO BOX 9027 PETERSBURG VA 23806 BEVERLY EVERSON-JONES TRUSTEE 2.00 X 0 0 0 DANTE JACKSON TRUSTEE 2.00 X 0 0 0 CLIFF TAYLOR TRUSTEE 2.00 X 0 0 0 STEVEN HICKS TRUSTEE 2.00 X 0 0 0 WILBERT J BRIGGS SR TRUSTEE 2.00 X 0 0 0 BRENDA STITH-FINCH CHAIR 5.00 X X 0 0 0 FRASIER W BRICKHOUSE II TRUSTEE 2.00 X 0 0 0 IRENE F LOGAN TREASURER 5.00 X X 0 0 0 KEVIN DAVENPORT VSU VP ADMIN & FINANCE 2.00 40.00 X 0 278261 100480 HAROLD GREEN VSU BOARD OF VISITORS 2.00 X 0 0 0 VALARIE A JONES VICE-CHAIR 5.00 X X 0 0 0 EARNEST A BAZEMORE SECRETARY 5.00 X X 0 0 0 NARDOS E KING TRUSTEE 2.00 X 0 0 0 CLAUDE A WOOD TRUSTEE 2.00 X 0 0 0 ANGEL CLARKE TRUSTEE 2.00 X 0 0 0 WILLIS WALTER VSU VP FOR EXTERNAL AFFAIR 2.00 40.00 X 0 0 0 KARA C KING BESS TRUSTEE 2.00 X 0 0 0 DANIELLE JONES TRUSTEE 2.00 X 0 0 0 LAURIE CARPENTER TRUSTEE 2.00 X 0 0 0 ROBERT L TURNER JR EXECUTIVE DIRECTOR 40.00 X 57500 0 0 MAKOLA M ABDULLAH PRESIDENT EX-OFFICIO 2.00 40.00 X 0 590586 94174 KIMBERLY POPE ADAMS DIRECTOR OF FINANCE & ACCO 40.00 X 0 0 0 HARRISON BONNER III FORMER DIRECTOR OF FINANCE & ACCO 40.00 X 50000 0 0 TONYA S HALL FORMER VSU VP FOR EXTERNAL AFFAIR 2.00 40.00 X 0 222106 48512 107500 1090953 243166 0 1 1 0 0 4101081 4101081 862439 862439 12234842 11617966 616876 616876 616876 5580396 0 0 1479315 1146629 1146629 222501 10000 212501 9049 9049 112646 112646 138199 138199 844 844 30000 30000 1624 1624 18584 18584 PROGRAM SUPPORT 1134178 1134178 ATHLETIC SUPPORT 129218 129218 ONLINE GIFT FEES 15515 15515 ADMIN DISCRETIONARY 9276 9276 3086 670 2416 2971349 2420695 550654 0 1251885 666742 6510526 5293968 97670 675974 3713988 1733151 3713988 29775984 33730126 69134 73226 56108 80890 39494458 44234914 9730 13105 6265595 6062041 6275325 6075146 X 543577 787378 32675556 37372390 33219133 38159768 39494458 44234914 2609047 2331588 0 X 0 1 X 0 0 X 2555554 4058177 5224088 3453352 4101081 19392252 2555554 4058177 5224088 3453352 4101081 19392252 19392252 344302 418278 539190 721832 862439 2886041 22278293 0.87050 0.87430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 28300313 1129145 3524508 1180444 31773522 25850995 1063579 3016655 1630916 28300313 21436473 3203041 2538202 1326721 25850995 23903848 1758294 -3744102 481567 21436473 17970589 1156363 5364391 587495 23903848 0.06286 0.68905 0.24809 0 0 3713988 3713988 3713988 DUE TO RELATED PARTY 191863 HELD IN CUSTODY FOR VSU 2183190 PROPERTY HELD FOR THE UNIVERSITY 3686988 6062041 7911984 2331588 2331588 5580396 0 5580396 2971349 0 2971349 0 2971349 PART V, LINE 4: THE FOUNDATION INTENDS TO USE THE ENDOWMENT FUNDS TO AID IN THE ENHANCEMENT AND GROWTH OF THE UNIVERSITY. 1 SCHOLARSHIPS AWARDED TO STUDENTS OF VIRGINIA STATE UNIVERSITY BASED ON MERRIT AND NEED 439 1146629 PART I, LINE 2: GRANTS CONSIST OF SCHOLARSHIPS AWARDED TO STUDENTS OF VIRGINIA STATE UNIVERSITY AND ARE MONITORED BY THE UNIVERSITY. 0 0 0 0 0 0 0 1 0 MAKOLA M ABDULLAH PRESIDENT EX-OFFICIO 0 542349 0 48237 0 0 0 32945 0 61229 0 684760 0 0 KEVIN DAVENPORT VSU VP ADMIN & FINANCE 0 278261 0 0 0 0 0 38253 0 62227 0 378741 0 0 TONYA S HALL FORMER VSU VP FOR EXTERNAL AFFAIR 0 222106 0 0 0 0 0 19015 0 29497 0 270618 0 0 PART I, LINE 7 BONUSES AND INCENTIVES OF $48,237 WERE PAID TO MAKOLA ABDULLAH. FORM 990, PART VI, SECTION A, LINE 2 THREE BOARD MEMBERS, KEVIN DAVENPORT, MAKOLA ABDULLAH AND TONYA HALL, WORK FOR VIRGINIA STATE UNIVERSITY, A RELATED PARTY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER AND PRESENTED AT A BOARD OF TRUSTEES' MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE AT ITS BUSINESS OFFICE. GOVERNING DOCUMENTS ARE ALSO AVAILABE ON THE ORGANIZATION'S WEBSITE. VIRGINIA STATE UNIVERSITY 1 HAYDEN DRIVE PETERSBURG VA 23806 546001811 COLLEGE AND UNIVERSITY VA 501(C)(3) LINE 2 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 VIRGINIA STATE UNIVERSITY B 1221126 VIRGINIA STATE UNIVERSITY D 80890 VIRGINIA STATE UNIVERSITY E 191863 VIRGINIA STATE UNIVERSITY K 30000