VIRGINIA TECH REAL ESTATE FDN: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: VIRGINIA TECH REAL ESTATE FDN (EIN 54-1528809)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2024-05-15
IRS object ID: 202401369349310455
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule J
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-05-15T13:30:50-05:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	540504608	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BROWN EDWARDS & COMPANY LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3906 ELECTRIC ROAD	AddressLine1Txt
City	ROANOKE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24018	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	541528809	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VIRGINIA TECH REAL ESTATE FOUNDATION	BusinessNameLine1Txt
Business Name Line2	INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	VIRG	BusinessNameControlTxt
Phone	5402315751	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	902 PRICES FORK RD 4000	AddressLine1Txt
City	BLACKSBURG	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24061	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ANNE KEELER	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	5402315751	PhoneNum
Signature	2024-05-10	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ANNE	PersonFirstNm
Person Last	KEELER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JEFFREY G BARBOUR	PreparerPersonNm
PTIN	P01331383	PTIN
Phone	5403450936	PhoneNum
Preparation	2024-05-07	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ANNE KEELER	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	902 PRICES FORK ROAD STE 4000	AddressLine1Txt
City	BLACKSBURG	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24061	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$20,986,553	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1989	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	THE ORGANIZATION ENGAGES IN ANY AND ALL MATTERS PERTAINING TO CERTAIN REAL PROPERTY FOR THE BENEFIT OF VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY (VIRGINIA TECH).	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$1,360,000	CYContributionsGrantsAmt
PY Program Service Revenue	$14,397,794	PYProgramServiceRevenueAmt
CY Program Service Revenue	$19,611,544	CYProgramServiceRevenueAmt
PY Investment Income	$137,751	PYInvestmentIncomeAmt
CY Investment Income	$15,009	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$14,535,545	PYTotalRevenueAmt
CY Total Revenue	$20,986,553	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$431,610	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$464,204	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$9,218,823	PYOtherExpensesAmt
CY Other Expenses	$12,387,199	CYOtherExpensesAmt
PY Total Expenses	$9,650,433	PYTotalExpensesAmt
CY Total Expenses	$12,851,403	CYTotalExpensesAmt
PY Revenues Less Expenses	$4,885,112	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$8,135,150	CYRevenuesLessExpensesAmt
Total Assets BOY	$287,318,402	TotalAssetsBOYAmt
Total Assets EOY	$319,536,033	TotalAssetsEOYAmt
Total Liabilities BOY	$206,382,220	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$206,560,701	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$80,936,182	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$112,975,332	NetAssetsOrFundBalancesEOYAmt
Mission	VIRGINIA TECH REAL ESTATE FOUNDATION, INC. (VTREF) WAS ORGANIZED SOLELY FOR THE BENEFIT OF VIRGINIA TECH AND VIRGINIA TECH FOUNDATION, INC. VTREF IS TO ENGAGE IN MATTERS PERTAINING TO CERTAIN REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$9,070,746	ExpenseAmt
Revenue	$19,611,544	RevenueAmt
Desc	VTREF ENGAGED IN ACTIVITIES PERTAINING TO THE OWNERSHIP, DEVELOPMENT AND OPERATION OF VARIOUS PROPERTIES IN SUPPORT OF VIRGINIA TECH AND VIRGINIA TECH FOUNDATION.	Desc
Total Program Service Expenses	$9,070,746	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (1)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (1)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	15	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	15	GoverningBodyVotingMembersCnt
Independent Voting Member	10	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ELIZABETH MCCLANAHAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	5402315751	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	902 PRICES FORK RD STE 4000	AddressLine1Txt
City	BLACKSBURG	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24061	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
JACQUELINE L ARCHER
DIRECTOR	2.00	Yes (X)	$0	$0	$0
EDWARD H BAINE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
CHRISTOPHER J BRIGHTMAN
DIRECTOR	2.00	Yes (X)	$0	$0	$0
J BENJAMIN DOUGHTIE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
GREGORY C GODSEY
DIRECTOR	2.00	Yes (X)	$0	$0	$0
STARLETTE B JOHNSON
CHAIRMAN	2.00	Yes (X)	$0	$0	$0	Yes (X)
WILLIAM N PARK
DIRECTOR	2.00	Yes (X)	$0	$0	$0
RENAE C PEARSON
DIRECTOR	2.00	Yes (X)	$0	$0	$0
CHRISTOPHER M QUILLEN
DIRECTOR	2.00	Yes (X)	$0	$0	$0
LAILA N ROSSI
DIRECTOR	2.00	Yes (X)	$0	$0	$0
DR TIMOTHY D SANDS
DIRECTOR	2.00	Yes (X)	$0	$812,851	$84,030		40.00
SHIRISH S SATHAYE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
CHRISTOPHER W SHEAN
DIRECTOR	2.00	Yes (X)	$0	$0	$0
JAMES N STRAWBRIDGE
DIRECTOR	2.00	Yes (X)	$0	$0	$0
GREGORY C THOMPSON
DIRECTOR	2.00	Yes (X)	$0	$0	$0
ELIZABETH A MCCLANAHAN
PRESIDENT	2.00		$0	$595,400	$33,333	Yes (X)	40.00

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$1,408,251	TotReportableCompRltdOrgAmt
Total Other Compensation	$117,363	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
W M JORDAN COMPANY
11010 JEFFERSON AVENUE	NEWPORT NEWS	VA	23601	CONSTRUCTION SERVICES	$2,405,118
JANITORIAL & MAINTENANCE SOLUTIONS INC
PO BOX 13562-3562	ROANOKE	VA	24035	JANITORIAL SERVICES	$375,463
PAUL R SHIVELY INC
PO BOX 699	FLOYD	VA	240910699	DEMOLITION SERVICES	$278,065

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	3	CntrctRcvdGreaterThan100KCnt
Related Organizations	$1,360,000	RelatedOrganizationsAmt
Noncash Contributions	$1,360,000	NoncashContributionsAmt
Total Contributions	$1,360,000	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
VIRGINIA TECH RESEARCH CENTER	532000	$7,440,991	$7,440,991
NORTH END CENTER	532000	$7,210,972	$7,210,972
HOTEL ROANOKE	721110	$2,926,198	$2,926,198
UNIVERSITY GATEWAY CENTER	532000	$1,577,900	$1,577,900
OTHER PROGRAM SERVICE REVENUE	532000	$455,483	$455,483

Field	Value	IRS element (for citing)
Total Program Service Revenue	$19,611,544	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$15,009	TotalRevenueColumnAmt
Exclusion	$15,009	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$20,986,553	TotalRevenueColumnAmt
Related Or Exempt Func Income	$19,611,544	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$15,009	ExclusionAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$396,327	TotalAmt
Management And General	$396,327	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$19,488	TotalAmt
Management And General	$19,488	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$37,038	TotalAmt
Management And General	$37,038	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$11,351	TotalAmt
Management And General	$11,351	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$4,053	TotalAmt
Management And General	$4,053	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$691,790	TotalAmt
Program Services	$678,090	ProgramServicesAmt
Management And General	$13,700	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$7,341	TotalAmt
Program Services	$7,341	ProgramServicesAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$40,016	TotalAmt
Management And General	$40,016	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$791,358	TotalAmt
Management And General	$791,358	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$39,570	TotalAmt
Management And General	$39,570	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$3,986,679	TotalAmt
Program Services	$3,986,679	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$2,374,128	TotalAmt
Program Services	$2,374,128	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$146,702	TotalAmt
Program Services	$140,352	ProgramServicesAmt
Management And General	$6,350	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	Program ServicesProgramServicesAmt
MISC EXPENSES	$2,340,377	$2,340,377
MAINTENANCE	$1,844,277		$1,844,277
TENANT SERVICES	$39,879		$39,879
TAXES	$24,778	$24,778

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$56,251	TotalAmt
Management And General	$56,251	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$12,851,403	TotalAmt
Program Services	$9,070,746	ProgramServicesAmt
Management And General	$3,780,657	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$23,879,300	BOYAmt
EOY	$13,983,432	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$187,925	BOYAmt
EOY	$113,943	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$3,195,351	BOYAmt
EOY	$2,731,471	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$255,801	BOYAmt
EOY	$247,602	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$173,811,356	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$25,261,542	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$183,828,585	BOYAmt
EOY	$148,549,814	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$33,426,131	BOYAmt
EOY	$36,140,140	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$323,850	BOYAmt
EOY	$298,450	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$42,221,459	BOYAmt
EOY	$117,471,181	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$287,318,402	BOYAmt
EOY	$319,536,033	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$5,861,603	BOYAmt
EOY	$310,959	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$13,005,542	BOYAmt
EOY	$11,879,934	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$180,267,690	BOYAmt
EOY	$184,341,450	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$7,247,385	BOYAmt
EOY	$10,028,358	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$206,382,220	BOYAmt
EOY	$206,560,701	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$76,268,214	BOYAmt
EOY	$108,307,364	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,667,968	BOYAmt
EOY	$4,667,968	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$80,936,182	BOYAmt
EOY	$112,975,332	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$287,318,402	BOYAmt
EOY	$319,536,033	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$8,135,150	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$23,904,000	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Supporting Organization509a3	Yes (X)	SupportingOrganization509a3Ind
Supporting Org Type1	Yes (X)	SupportingOrgType1Ind
Supported Organizations	2	SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp (2 entries)

EINEIN	Organization TypeOrganizationTypeCd	Governing Document ListedGoverningDocumentListedInd	SupportSupportAmt	Other SupportOtherSupportAmt
VIRGINIA TECH FOUNDATION
540721690	7	Yes (1)	$0	$0
VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY
546001805	2	Yes (1)	$0	$0

Field	Value	IRS element (for citing)
Supported Organizations Total	2	SupportedOrganizationsTotalCnt
Support Sum	$0	SupportSumAmt
Other Support Sum	$0	OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

Field	Value	IRS element (for citing)
Listed By Name Governing Doc	Yes (1)	ListedByNameGoverningDocInd
Suprt Org No IRS Determination	0	SuprtOrgNoIRSDeterminationInd
Supported Org Section C456	0	SupportedOrgSectionC456Ind
Supported Org Not Organized US	0	SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org	0	OrganizationChangeSuprtOrgInd
Support Non Supported Org	0	SupportNonSupportedOrgInd
Payment Substantial Contribtr	0	PaymentSubstantialContribtrInd
Loan Disqualified Person	0	LoanDisqualifiedPersonInd
Controlled Disqualified Prsn	0	ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int	0	DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int	0	DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules	0	ExcessBusinessHoldingsRulesInd
Contribution Controller	0	ContributionControllerInd
Contribution Family	0	ContributionFamilyInd
Contribution35 Controlled	0	Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

Field	Value	IRS element (for citing)
Power Appoint Majority Dir Trst	Yes (1)	PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org	0	OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 12G, COLUMN (VI)	FormAndLineReferenceDesc
Explanation	THE EXPENSES INCURRED BY VIRGINIA TECH REAL ESTATE FOUNDATION, INC. THAT ARE REPORTED ON FORM 990, PART IX WERE EXPENDED TO PROVIDE SUPPORT AND MANAGEMENT TO ITS SUPPORTED ORGANIZATIONS.	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$56,880,180	OtherCostOrOtherBasisAmt
Book Value	$56,880,180	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$115,018,163	OtherCostOrOtherBasisAmt
Depreciation	$23,781,407	DepreciationAmt
Book Value	$91,236,756	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,668,495	OtherCostOrOtherBasisAmt
Depreciation	$1,370,767	DepreciationAmt
Book Value	$297,728	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$244,518	OtherCostOrOtherBasisAmt
Depreciation	$109,368	DepreciationAmt
Book Value	$135,150	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$148,549,814	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	INVESTMENT IN SUBSIDIARIES	Desc
Book Value	$36,140,140	BookValueAmt
Method Valuation	C	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$36,140,140	TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDesc	Book ValueBookValueAmt
LEASES RECEIVABLE	$115,613,724
DUE FROM SUBSIDIARY	$1,624,180
VINTAGE AND OTHER COLLECTION	$4,868
LONG TERM PROMISSORY NOTE	$228,409

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$117,471,181	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
DUE TO PARENT COMPANY	$9,024,720
OTHER LIABILITIES	$10,000
SECURITY DEPOSIT	$63,427
LEASE LIABILITIES	$930,211

Field	Value	IRS element (for citing)
Total Liability	$10,028,358	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART X, LINE 2:	FormAndLineReferenceDesc
Explanation	THE INTERNAL REVENUE SERVICE HAS RULED THAT VTF AND VTREF QUALIFY UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND ARE, THEREFORE, NOT GENERALLY SUBJECT TO INCOME TAXES UNDER PRESENT TAX LAWS.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
DR TIMOTHY D SANDS
DIRECTOR	$0	$696,398	$0	$101,000	$0	$15,453	$0	$51,850	$0	$32,180	$0	$896,881	$0	$0
ELIZABETH A MCCLANAHAN
PRESIDENT	$0	$595,400	$0	$0	$0	$0	$0	$32,544	$0	$789	$0	$628,733	$0	$0

Schedule M IRS990ScheduleM

Real Estate Commercial RealEstateCommercialGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$1,360,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	0	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6	ACCORDING TO THE ORGANIZATION'S ARTICLES OF INCORPORATION, ARTICLES V AND VI, 6.1(II), THE SOLE MEMBER OF THE ORGANIZATION SHALL BE VIRGINIA TECH FOUNDATION, INC.
FORM 990, PART VI, SECTION A, LINE 7A	ACCORDING TO THE ORGANIZATION'S ARTICLES OF INCORPORATION, ARTICLES V AND VI, 6.1(II), THE BOARD OF DIRECTORS SHALL BE ELECTED BY THE SOLE MEMBER, VIRGINIA TECH FOUNDATION INC.
FORM 990, PART VI, SECTION B, LINE 11B	MANAGEMENT AND THE FOUNDATION ACCOUNTING STAFF PROVIDE THE NECESSARY FINANCIAL AND OTHER INFORMATION TO THE FOUNDATION'S INDEPENDENT THIRD PARTY TAX CONSULTANTS. THE TAX CONSULTANTS REVIEW AND COMPILE THE INFORMATION INTO THE 990 AND 990T FORMS AND PROVIDE A DRAFT TO MANAGEMENT. THE CFO AND CONTROLLER PERFORM A DETAILED REVIEW OF THE FORM PRIOR TO FORWARDING IT TO THE CEO FOR REVIEW. ANY ISSUES AFTER THESE REVIEWS ARE COMMUNICATED BACK TO THE THIRD PARTY TAX CONSULTANTS AND ARE CORRECTED AND ADDRESSED BY BOTH PARTIES. THE FORMS ARE ELECTRONICALLY PROVIDED TO ALL MEMBERS OF THE FOUNDATION BOARD OF DIRECTORS. IF THERE ARE NO COMMENTS OR ISSUES THAT COULD NOT BE RESOLVED, AN AUTHORIZED OFFICER THEN SIGNS THE TRANSMITTAL FORM TO PERMIT THE ELECTRONIC FILING ON BEHALF OF THE FOUNDATION. DISCLOSURE OF THE 990 AND 990T WILL BE MADE IN FULL COMPLIANCE WITH THE REQUIREMENTS ESTABLISHED BY THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	VIRGINIA TECH REAL ESTATE FOUNDATION FOLLOWS THE VIRGINIA TECH FOUNDATION CONFLICT OF INTEREST POLICY. THE VIRGINIA TECH FOUNDATION, INC. HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES EACH MEMBER (FOUNDATION BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES (RESPONSIBLE PERSONS)) TO COMPLETE AN ANNUAL STATEMENT SETTING FORTH ANY AND ALL POTENTIAL AND ACTUAL CONFLICTS OF INTEREST THAT OCCURRED DURING THE PAST FISCAL YEAR. IN ADDITION TO THE STATEMENT, AN ANNUAL COMPLIANCE QUESTIONNAIRE MUST BE COMPLETED AND SUBMITTED BY EACH MEMBER. ALSO, IF A CONFLICT SHOULD ARISE THAT WAS NOT PREVIOUSLY DISCLOSED IN THE ANNUAL STATEMENT OR THE QUESTIONNAIRE, A STATEMENT MUST BE SUBMITTED TO THE VIRGINIA TECH FOUNDATION DISCLOSING THE FACTS OF THE SITUATION. THE EXECUTIVE COMMITTEE OF THE FOUNDATION REVIEWS THE QUESTIONNAIRES AND STATEMENTS AND WILL DETERMINE IF A CONFLICT DOES ACTUALLY EXIST. THE EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER TO AUTHORIZE APPROVE OR RATIFY THE ARRANGEMENT/TRANSACTION BASED SOLELY ON WHETHER IT IS IN THE BEST INTERESTS OF THE FOUNDATION IN PERFORMING ITS MISSION.
FORM 990, PART VI, SECTION B, LINE 15	VIRGINIA TECH REAL ESTATE FOUNDATION DOES NOT HAVE ANY EMPLOYEES. DIRECTORS RECEIVE NO COMPENSATION FOR SERVICE TO THE FOUNDATION. ITS DIRECTORS, IF COMPENSATED, RECEIVE COMPENSATION FROM VIRGINIA TECH. ITS PRESIDENT IS COMPENSATED BY VIRGINIA TECH FOUNDATION. THEREFORE THE NARRATIVES BELOW DESCRIBE THE COMPENSATION PROCESSES OF THE VTREF RELATED ORGANIZATIONS. BOARD OF DIRECTORS: DIRECTORS RECEIVE NO COMPENSATION FOR SERVICE TO THE FOUNDATION. OFFICERS: SALARY AND BENEFITS FOR THE VIRGINIA TECH FOUNDATION'S CHIEF EXECUTIVE OFFICER ARE APPROVED BY THE FOUNDATION'S COMPENSATION COMMITTEE, WHICH INCLUDES THE BOARD CHAIR AND TWO OR MORE ELECTED DIRECTORS. COMPARATIVE SALARY AND BENEFITS INFORMATION IS PROVIDED TO THE COMMITTEE FOR ITS CONSIDERATION IN MAKING ADJUSTMENTS. THE ANNUAL BOARD-APPROVED OPERATING BUDGET ESTABLISHES SALARIES AND BENEFITS FOR ALL OTHER FOUNDATION OFFICERS. PROFESSIONAL AND CLASSIFIED STAFF: PROFESSIONAL AND CLASSIFIED STAFF SALARIES, AND EMPLOYEE BENEFITS, ARE DETERMINED BY THE CHIEF EXECUTIVE OFFICER AND INCLUDED IN THE BOARD-APPROVED ANNUAL OPERATING BUDGET. COMPARATIVE MARKET AND OTHER DATA ARE USED IN ESTABLISHING AND ADJUSTING SALARIES AND PROVIDING BENEFITS.
FORM 990, PART VI, SECTION C, LINE 19	THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. ANY SUCH REQUESTS WOULD BE CONSIDERED ON A CASE BY CASE BASIS.
FORM 990, PART XI, LINE 9:	DISTRIBUTION TO VIRGINIA TECH FOUNDATION 23,904,000. ROUNDING
PART XII, LINE 2C	THERE WERE NO CHANGES FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (12 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	End Of Year AssetsEndOfYearAssetsAmt	Direct Controlling NADirectControllingNACd	EINEIN	Total IncomeTotalIncomeAmt
VTREF BROKERAGE LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA	$303,306	N/A
VTREF - FOUNDATION OFFICE BUILDING LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA	$10,777,994	N/A	541528809	$1,525,650
VIRGINIA TECH RESEARCH INSTITUTE LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA	$76,179,216	N/A	541528809	$7,440,991
TURNER STREET PROPERTY LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA	$61,824,734	N/A	541528809	$3,045,218
ROANOKE INVESTMENT PROPERTIES LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA		N/A
GLADE ROAD INVESTMENT PROPERTIES LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA		N/A
EXPAND TRAN LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA	$8,873,983	N/A		$455,477
CS SHOPPING CENTER LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA	$141,592,939	N/A	541528809	$4,165,754
CRC PHASE II
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA		N/A
CAROLYN CIRCLE LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA		N/A
BLACKSBURG INVESTMENT PROPERTIES LLC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA		N/A
HARDEE'SUMALL
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	REAL ESTATE	VA	$25,875,745	N/A		$1,412,250

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Direct Controlling NADirectControllingNACd	Controlled OrganizationControlledOrganizationInd
VIRGINIA TECH FOUNDATION
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	540721690	SUPPORT VT	VA	501(C)(3)	LINE 7	N/A	0
VIRGINIA POLYTECHNIC INST & STATE UNIV
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	546001805	UNIVERSITY	VA	501(C)(3)	LINE 2	N/A	0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

Field	Value	IRS element (for citing)
Business Name Line1	HOTEL ROANOKE LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	902 PRICES FORK RD STE 4000	AddressLine1Txt
City	BLACKSBURG	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24061	ZIPCd

Field	Value	IRS element (for citing)
EIN	541702473	EIN
Primary Activities	HOTEL	PrimaryActivitiesTxt
Legal Domicile State	VA	LegalDomicileStateCd
Predominant Income Type	RELATED	PredominantIncomeTypeTxt
Share Of Total Income	$1,338,690	ShareOfTotalIncomeAmt
Share Of EOY Assets	$6,060,481	ShareOfEOYAssetsAmt
Disproportionate Allocations	0	DisproportionateAllocationsInd
General Or Managing Partner	0	GeneralOrManagingPartnerInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd
HR FOUNDATION INC
902 PRICES FORK RD STE 4000	BLACKSBURG	VA	24061	541702474	PROPERTY MANAGEMENT	VA	VTREF	C	$373,555	$33,072,832	1.00000	Yes (1)
VIRGINIA TECH CORPORATE RESEARCH CENTER
1715 PRATT DRIVE SUITE 1000	BLACKSBURG	VA	24060	541324469	RESEARCH	VA	VTF	C				0

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (1)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	Yes (1)	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (1)	TransferToOtherOrgInd
Transfer From Other Org	Yes (1)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
VIRGINIA TECH FOUNDATION INC
R	$23,904,000	FMV
HOTEL ROANOKE LLC
S	$560,000	FMV