VIRGINIA STUDENT AID FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- VIRGINIA STUDENT AID FOUNDATION (EIN 54-0517188)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-09-16
- IRS object ID
- 202412609349300216
- Schema version
- 2023v5.1
- 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 G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-09-16T13:13:31-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 540618213 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HANTZMON WIEBEL LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1408 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22902 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540517188 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA STUDENT AID FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VIRG | BusinessNameControlTxt |
| Phone | 4349825555 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 400833 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229044833 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DONNA G MAHAN | PersonNm |
| Person Title | CHIEF FINANCIAL OFFICER | PersonTitleTxt |
| Phone | 4349825555 | PhoneNum |
| Signature | 2024-09-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MONTE J GLANZER | PreparerPersonNm |
| PTIN | P01301538 | PTIN |
| Phone | 4342962156 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VIRGINIA ATHLETICS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DONNA G MAHAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 400833 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229044833 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $64,566,688 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VIRGINIAATHLETICSFOUNDATION.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1949 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | THE VIRGINIA ATHLETICS FOUNDATION, THROUGH ITS FUND-RAISING EFFORTS, STRIVES TO SUPPORT A PREEMINENT INTERCOLLEGIATE ATHLETICS PROGRAM AT THE UNIVERSITY OF VIRGINIA BY PROVIDING STUDENT-ATHLETES THE OPPORTUNITY TO ACHIEVE ACADEMIC AND ATHLETIC EXCELLENCE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 24 | VotingMembersIndependentCnt |
| Total Employee | 30 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $43,708,164 | PYContributionsGrantsAmt |
| CY Contributions Grants | $57,560,083 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $1,074,748 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,404,349 | CYProgramServiceRevenueAmt |
| PY Investment Income | $179,649 | PYInvestmentIncomeAmt |
| CY Investment Income | $533,630 | CYInvestmentIncomeAmt |
| PY Other Revenue | $228,434 | PYOtherRevenueAmt |
| CY Other Revenue | $218,646 | CYOtherRevenueAmt |
| PY Total Revenue | $45,190,995 | PYTotalRevenueAmt |
| CY Total Revenue | $59,716,708 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $40,560,178 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $42,861,426 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,669,663 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,280,841 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $2,999,973 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,301,227 | PYOtherExpensesAmt |
| CY Other Expenses | $2,786,660 | CYOtherExpensesAmt |
| PY Total Expenses | $45,531,068 | PYTotalExpensesAmt |
| CY Total Expenses | $48,928,927 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$340,073 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $10,787,781 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $154,972,680 | TotalAssetsBOYAmt |
| Total Assets EOY | $169,536,214 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,771,366 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,499,188 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $152,201,314 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $167,037,026 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE VIRGINIA ATHLETICS FOUNDATION, THROUGH ITS FUND-RAISING EFFORTS, STRIVES TO SUPPORT A PREEMINENT INTERCOLLEGIATE ATHLETICS PROGRAM AT THE UNIVERSITY OF VIRGINIA BY PROVIDING STUDENT-ATHLETES THE OPPORTUNITY TO ACHIEVE ACADEMIC AND ATHLETIC EXCELLENCE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $22,884,399 | ExpenseAmt |
| Grant | $22,833,508 | GrantAmt |
| Desc | THE FOUNDATION'S PRIMARY PURPOSE IS TO PROVIDE FUNDING FOR SCHOLARSHIPS AND ACADEMIC AFFAIRS SUPPORT FOR STUDENT ATHLETES. IN 2023, MORE THAN 9,500 DONORS TO THE FOUNDATION, INCLUDING FORMER STUDENT-ATHLETES, PARENTS, ALUMNI, FANS, AND BUSINESSES WHO RECOGNIZE THE VALUE OF THE INTERCOLLEGIATE ATHLETICS EXPERIENCE AT THE UNIVERSITY OF VIRGINIA, ENTHUSIASTICALLY PROVIDE SUPPORT IN A VARIETY OF WAYS. THROUGH ITS FUND-RAISING EFFORTS, THE FOUNDATION PROVIDES THE MAXIMUM FUNDING FOR ALL 316.6 SCHOLARSHIPS ALLOWED FOR 25 OF THE 27 TEAMS SANCTIONED BY THE NCAA AT THE UNIVERSITY. SCHOLARSHIPS FOR THE MEN'S AND WOMEN'S SQUASH TEAMS ARE FUNDED BY A UNIVERSITY ENDOWMENT PROVIDED BY A GENEROUS DONOR. TODAY, THERE ARE APPROXIMATELY 750 STUDENT-ATHLETES PARTICIPATING IN 27 INTERCOLLEGIATE PROGRAMS AT THE UNIVERSITY. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $20,230,877 | ExpenseAmt |
| Grant | $20,027,918 | GrantAmt |
| Desc | THE FOUNDATION RAISES FUNDS ON BEHALF OF THE UNIVERSITY OF VIRGINIA TO FINANCE THE RENOVATION OF EXISTING ATHLETICS FACILITIES AND THE CONSTRUCTION OF NEW ATHLETICS FACILITIES AS IDENTIFIED AND APPROVED BY THE UNIVERSITY. THE FOUNDATION ALSO PROVIDES FUNDING TO ENHANCE THE OPERATIONAL BUDGETS OF VARIOUS SPORTS AT THE UNIVERSITY. THESE COSTS ARE DETERMINED IN COORDINATION WITH THE UNIVERSITY ATHLETICS DEPARTMENT IN IDENTIFYING STRATEGIC OPPORTUNITIES. ADDITIONALLY, DONATIONS MADE TO THE FRIENDS OF PROGRAM ARE DESIGNATED BY DONORS TO SPECIFIC SPORTS AMONG THE 14 WOMEN'S AND 13 MEN'S VARSITY SPORTS AT THE UNIVERSITY. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $860,935 | ExpenseAmt |
| Revenue | $274,952 | RevenueAmt |
| Desc | THE FOUNDATION PROVIDES INFORMATIONAL SERVICES TO ITS MEMBERS AND TO THE GENERAL PUBLIC. IN ADDITION, IT PROVIDES ANCILLARY SUPPORT TO THE ATHLETICS PROGRAMS OF THE UNIVERSITY OF VIRGINIA. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $43,976,211 | 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 | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | 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 | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | 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 | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 39 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 30 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| 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 | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| 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 | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 24 | 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 | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION OFFICE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4349825555 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 400833 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 229044833 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| DIRK P KATSTRA | ||||||||
| EXEC DIRECTOR, SEC/TREAS | 40.00 | Yes (X) | Yes (X) | $282,203 | $0 | $11,740 | ||
| FRANKLIN S EDMONDS JR | ||||||||
| PRESIDENT/TRUSTEE | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| RACHEL W SHERIDAN | ||||||||
| VICE PRESIDENT / TRUSTEE | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JULIANA SCHULTE O'REILLY | ||||||||
| PAST PRESIDENT/TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MIA MOONEY BASS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHARLES R BIRDSONG | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARVIN P BUSH | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| W HEYWOOD FRALIN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL S GEISMAR | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARVIN W GILLIAM JR | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| RALEIGH ANNE GRAY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTOPHER A HARRISON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| YUSEF D JACKSON | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MARK M LUELLEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| T DOUGLAS MCQUADE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HERMAN MOORE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CRAIG W PACKER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BARRY L PARKHILL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW S PESKIN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JILL ROYSTER | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| EDMUND N DURDEN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| A WELLFORD TABOR | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| CARLA G WILLIAMS | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN J MILLER | ||||||||
| EXEC DIRECTOR, SEC/TREAS | 40.00 | Yes (X) | Yes (X) | $163,886 | $0 | $10,015 | ||
| LAUREN LACY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KATHERINE L HEILPERN MD | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DONNA G MAHAN | ||||||||
| CHIEF FINANCIAL OFFICER | 40.00 | Yes (X) | $175,173 | $0 | $38,777 | |||
| MICHAEL T KERSEY | ||||||||
| CHIEF OPERATING OFFICER | 40.00 | $207,510 | $0 | $41,400 | Yes (X) | |||
| JEFFREY B FORD | ||||||||
| ASSOCIATE DIRECTOR | 40.00 | $140,215 | $0 | $18,285 | Yes (X) | |||
| HEATHER L TROUDT | ||||||||
| SENIOR MAJOR GIFTS OFFICER | 40.00 | $177,778 | $0 | $19,838 | Yes (X) | |||
| ROBERT G SCHMALZ | ||||||||
| ASSOCIATE DIRECTOR | 40.00 | $139,605 | $0 | $17,125 | Yes (X) | |||
| RYAN P WEIGAND | ||||||||
| SENIOR DIRECTOR OF DEVELOP | 40.00 | $127,624 | $0 | $31,274 | Yes (X) | |||
| DREW M OSSAKOW | ||||||||
| SENIOR MAJOR GIFTS OFFICER | 40.00 | $129,941 | $0 | $22,034 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,543,935 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $210,488 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| UNIVERSITY OF VIRGINIA INVESTMENT MNGT | |||||
| 701 E WATER ST 4TH FLOOR | CHARLOTTESVILLE | VA | 22902 | INVESTMENT MANAGEMENT | $208,194 |
| CARD CONNECT | |||||
| 1000 CONTINENTAL DR STE 300 | KING OF PRUSSIA | PA | 19406 | CREDIT CARD PROCESSOR | $187,469 |
| KORN FERRY | |||||
| 1700 K ST NW STE 700 | WASHINGTON | DC | 20006 | EXECUTIVE SEARCH | $168,445 |
| COMAN PUBLISHING CO | |||||
| 905 W MAIN ST 24F | DURHAM | NC | 27701 | PUBLICATIONS | $124,110 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $2,800 | FundraisingAmt |
| All Other Contributions | $57,557,283 | AllOtherContributionsAmt |
| Noncash Contributions | $1,849,461 | NoncashContributionsAmt |
| Total Contributions | $57,560,083 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| PARKING LOT REVENUE | 812930 | $1,129,397 | $1,129,397 | |
| OTHER PGM SVC REVENUE | 900099 | $274,952 | $274,952 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,404,349 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $514,393 | TotalRevenueColumnAmt |
| Exclusion | $514,393 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $146,381 | TotalRevenueColumnAmt |
| Exclusion | $146,381 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,769,375 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,750,138 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $19,237 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,237 | TotalRevenueColumnAmt |
| Exclusion | $19,237 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $172,107 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,800 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $99,842 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $72,265 | TotalRevenueColumnAmt |
| Exclusion | $72,265 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $59,716,708 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $274,952 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,881,673 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,861,426 | TotalAmt |
| Program Services | $42,861,426 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $917,393 | TotalAmt |
| Program Services | $95,441 | ProgramServicesAmt |
| Management And General | $594,420 | ManagementAndGeneralAmt |
| Fundraising | $227,532 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,779,337 | TotalAmt |
| Program Services | $251,608 | ProgramServicesAmt |
| Management And General | $299,200 | ManagementAndGeneralAmt |
| Fundraising | $1,228,529 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,454 | TotalAmt |
| Program Services | $21,961 | ProgramServicesAmt |
| Management And General | $27,724 | ManagementAndGeneralAmt |
| Fundraising | $102,769 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $243,105 | TotalAmt |
| Program Services | $33,954 | ProgramServicesAmt |
| Management And General | $56,628 | ManagementAndGeneralAmt |
| Fundraising | $152,523 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $188,552 | TotalAmt |
| Program Services | $24,897 | ProgramServicesAmt |
| Management And General | $60,662 | ManagementAndGeneralAmt |
| Fundraising | $102,993 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $49,250 | TotalAmt |
| Management And General | $49,250 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,194 | TotalAmt |
| Management And General | $208,194 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,727 | TotalAmt |
| Management And General | $11,727 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,038,651 | TotalAmt |
| Program Services | $630,768 | ProgramServicesAmt |
| Fundraising | $407,883 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,227 | TotalAmt |
| Program Services | $2,940 | ProgramServicesAmt |
| Management And General | $77,502 | ManagementAndGeneralAmt |
| Fundraising | $20,785 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,654 | TotalAmt |
| Program Services | $18,248 | ProgramServicesAmt |
| Management And General | $24,331 | ManagementAndGeneralAmt |
| Fundraising | $79,075 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $253,768 | TotalAmt |
| Program Services | $25,377 | ProgramServicesAmt |
| Fundraising | $228,391 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,448 | TotalAmt |
| Management And General | $7,448 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,432 | TotalAmt |
| Management And General | $42,432 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | FundraisingFundraisingAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt |
|---|---|---|---|---|
| CAPITAL CAMPAIGN COSTS | $330,507 | $330,507 | ||
| CREDIT CARD PROCESSING | $285,223 | $285,223 | ||
| RECRUITING AND ONBOARDI | $168,274 | $168,274 | ||
| STEWARDSHIP COSTS | $128,577 | $118,986 | $9,591 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,728 | TotalAmt |
| Management And General | $39,728 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,928,927 | TotalAmt |
| Program Services | $43,976,211 | ProgramServicesAmt |
| Management And General | $1,952,743 | ManagementAndGeneralAmt |
| Fundraising | $2,999,973 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,093,814 | BOYAmt |
| EOY | $16,926,165 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,217,279 | BOYAmt |
| EOY | $54,854,745 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $402,766 | BOYAmt |
| EOY | $539,706 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $62,540 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $42,101 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,282 | BOYAmt |
| EOY | $20,439 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $89,507,034 | BOYAmt |
| EOY | $89,774,821 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,735,505 | BOYAmt |
| EOY | $7,420,338 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,972,680 | BOYAmt |
| EOY | $169,536,214 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $773,473 | BOYAmt |
| EOY | $305,977 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,997,893 | BOYAmt |
| EOY | $2,193,211 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,771,366 | BOYAmt |
| EOY | $2,499,188 | 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 | $18,847,990 | BOYAmt |
| EOY | $16,430,187 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,353,324 | BOYAmt |
| EOY | $150,606,839 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $152,201,314 | BOYAmt |
| EOY | $167,037,026 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,972,680 | BOYAmt |
| EOY | $169,536,214 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $10,787,781 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,178,931 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$131,000 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| 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) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $49,060,319 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,751,716 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $43,818,725 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,708,164 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $57,560,083 | CurrentTaxYearAmt |
| Total | $226,899,007 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $55,182 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $56,000 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $59,000 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $63,000 | CurrentTaxYearAmt |
| Total | $290,182 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $49,115,501 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,807,716 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $43,875,725 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $43,767,164 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $57,623,083 | CurrentTaxYearAmt |
| Total | $227,189,189 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $39,649,781 | SubstantialContributorsTotAmt |
| Public Support Total170 | $187,539,408 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $587,810 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $433,531 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $430,027 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $401,090 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $660,774 | CurrentTaxYearAmt |
| Total | $2,513,232 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $229,702,421 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $5,912,118 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.81640 | PublicSupportCY170Pct |
| Public Support PY170 | 0.88150 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
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
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $89,507,034 | BeginningYearBalanceAmt |
| Contributions | $2,097,050 | ContributionsAmt |
| Investment Earnings Or Losses | $4,178,931 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $5,800,000 | OtherExpendituresAmt |
| Administrative Expenses | $208,194 | AdministrativeExpensesAmt |
| End Year Balance | $89,774,821 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $104,638,200 | BeginningYearBalanceAmt |
| Contributions | $438,068 | ContributionsAmt |
| Investment Earnings Or Losses | -$9,257,295 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $6,090,000 | OtherExpendituresAmt |
| Administrative Expenses | $221,939 | AdministrativeExpensesAmt |
| End Year Balance | $89,507,034 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $89,342,515 | BeginningYearBalanceAmt |
| Contributions | $9,900,261 | ContributionsAmt |
| Investment Earnings Or Losses | $25,880,161 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $20,242,872 | OtherExpendituresAmt |
| Administrative Expenses | $241,865 | AdministrativeExpensesAmt |
| End Year Balance | $104,638,200 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $76,330,575 | BeginningYearBalanceAmt |
| Contributions | $805,531 | ContributionsAmt |
| Investment Earnings Or Losses | $16,918,213 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,510,660 | OtherExpendituresAmt |
| Administrative Expenses | $201,144 | AdministrativeExpensesAmt |
| End Year Balance | $89,342,515 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $70,266,850 | BeginningYearBalanceAmt |
| Contributions | $612,600 | ContributionsAmt |
| Investment Earnings Or Losses | $10,115,113 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,508,318 | OtherExpendituresAmt |
| Administrative Expenses | $155,670 | AdministrativeExpensesAmt |
| End Year Balance | $76,330,575 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.18769 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.54946 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.26285 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (1) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $62,540 | OtherCostOrOtherBasisAmt |
| Depreciation | $42,101 | DepreciationAmt |
| Book Value | $20,439 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $20,439 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 5,027.7201 SHS UVIMCO LONG-TERM POOL | Desc |
| Book Value | $89,774,821 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $89,774,821 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| REFUNDABLE DEPOSITS | $272,792 |
| DUE TO THE UNIVERSITY OF VIRGINIA | $1,920,419 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,193,211 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $63,734,157 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,178,931 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $97,107 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$131,000 | OtherRevenueAmt |
| Revenue Not Reported | $4,145,038 | RevenueNotReportedAmt |
| Revenue Subtotal | $59,589,119 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $208,194 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$80,605 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $127,589 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $59,716,708 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $48,898,445 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $97,107 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $97,107 | ExpensesNotReportedAmt |
| Expenses Subtotal | $48,801,338 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $208,194 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | -$80,605 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $127,589 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $48,928,927 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENTS ESTABLISHED FOR ATHLETIC SCHOLARSHIPS AND OPERATIONAL USES AS WELL AS FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. THE FOUNDATION BOARD AUTHORIZES SPENDING FROM THE ENDOWMENT ANNUALLY AS PART OF THE FOUNDATION'S BUDGET APPROVAL PROCESS AND IN ACCORDANCE WITH THE FOUNDATION'S ENDOWMENT SPENDING POLICY. DISTRIBUTIONS ARE USED TO FUND ATHLETIC SCHOLARSHIPS OR OPERATIONAL SUPPORT TO FURTHER UNIVERSITY ATHLETIC OPERATIONS ACCORDING TO DONOR STIPULATIONS OR THE ABSENCE THEREOF. |
| PART X, LINE 2: | THE FOUNDATION HAS REVIEWED AND EVALUATED THE RELEVANT TECHNICAL MERITS OF EACH OF ITS TAX POSITIONS IN ACCORDANCE WITH GUIDANCE ESTABLISHED BY THE FASB AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS OF THE FOUNDATION. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF REMAINDER TRUSTS -131,000. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | EXPENSES NETTED AGAINST REVENUE ON FORM 990 -80,605. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | EXPENSES NETTED AGAINST REVENUE ON FORM 990 -80,605. |
| PART V, LINE 3 | ENDOWMENT FUNDS THE FOUNDATION'S ENDOWMENT FUNDS ARE HELD AND INVESTED BY THE UNIVERSITY OF VIRGINIA INVESTMENT MANAGEMENT COMPANY (UVIMCO). THE FOUNDATION'S BOARD AUTHORIZES ANNUAL SPENDING FROM THE ENDOWMENT FUNDS. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF TOURNAMENT | Event1Nm |
| Gross Receipts Event1 | $33,601 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $33,601 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $6,371 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $890 | OtherDirectExpensesEvent1Amt |
| Event2 | BASEBALL STEPUP | Event2Nm |
| Gross Receipts Event2 | $141,306 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $2,800 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $138,506 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $23,995 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $31,703 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $36,883 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $174,907 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $2,800 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $172,107 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $23,995 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $38,074 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $37,773 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $99,842 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $72,265 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|---|---|---|---|---|
| THE UNIVERSITY OF VIRGINIA | ||||||||||
| PO BOX 400222 | CHARLOTTESVILLE | VA | 22904 | 546001796 | 501(C)(3) | $22,833,508 | $0 | STUDENT ATHLETE SCHOLARSHIPS AND ACADEMIC AFFAIRSSTUDENT ATHLETE SCHOLARSHIPS AND ACADEMIC AFFAIRS | ||
| THE UNIVERSITY OF VIRGINIA | ||||||||||
| PO BOX 400222 | CHARLOTTESVILLE | VA | 22904 | 546001796 | 501(C)(3) | $14,119,040 | $0 | ATHLETIC FACILITIES CAPITAL IMPROVEMENTS SUPPORT | ||
| THE UNIVERSITY OF VIRGINIA | ||||||||||
| PO BOX 400222 | CHARLOTTESVILLE | VA | 22904 | 546001796 | 501(C)(3) | $5,661,878 | $247,000 | ATHLETICS OPERATIONAL SUPPORT | OTHER | VEHICLE USAGE AND EVENTS SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION MAKES GRANTS TO THE UNIVERSITY OF VIRGINIA FOR ATHLETIC SCHOLARSHIPS AND ACADEMIC AFFAIRS ASSISTANCE TO INDIVIDUAL STUDENT ATHLETES. THE UNIVERSITY AWARDS THE MAXIMUM FUNDING ALLOWED BY NCAA FOR ATHLETIC SCHOLARSHIPS AND REPORTS THESE TO THE FOUNDATION. THE FOUNDATION FUNDS 100% OF THESE SCHOLARSHIPS FOR 25 SPORTS. THE UNIVERSITY ALSO REPORTS TO THE FOUNDATION THE DETAILED EXPENDITURE OF FUNDS USED FOR ACADEMIC AFFAIRS, OTHER OPERATIONAL SUPPORT, AND CAPITAL IMPROVEMENTS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| 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 (9 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DIRK P KATSTRA | ||||||||||||||
| EXEC DIRECTOR, SEC/TREAS | $199,141 | $0 | $27,902 | $0 | $55,160 | $0 | $0 | $0 | $11,740 | $0 | $293,943 | $0 | $30,000 | $0 |
| MICHAEL T KERSEY | ||||||||||||||
| CHIEF OPERATING OFFICER | $181,750 | $0 | $22,741 | $0 | $3,019 | $0 | $17,339 | $0 | $24,061 | $0 | $248,910 | $0 | $13,106 | $0 |
| DONNA G MAHAN | ||||||||||||||
| CHIEF FINANCIAL OFFICER | $152,250 | $0 | $19,920 | $0 | $3,003 | $0 | $14,716 | $0 | $24,061 | $0 | $213,950 | $0 | $10,875 | $0 |
| HEATHER L TROUDT | ||||||||||||||
| SENIOR MAJOR GIFTS OFFICER | $154,000 | $0 | $22,190 | $0 | $1,588 | $0 | $11,439 | $0 | $8,399 | $0 | $197,616 | $0 | $13,110 | $0 |
| KEVIN J MILLER | ||||||||||||||
| EXEC DIRECTOR, SEC/TREAS | $80,058 | $0 | $0 | $0 | $83,828 | $0 | $6,004 | $0 | $4,011 | $0 | $173,901 | $0 | $0 | $0 |
| RYAN P WEIGAND | ||||||||||||||
| SENIOR DIRECTOR OF DEVELOP | $112,000 | $0 | $13,096 | $0 | $2,528 | $0 | $12,729 | $0 | $18,545 | $0 | $158,898 | $0 | $7,856 | $0 |
| JEFFREY B FORD | ||||||||||||||
| ASSOCIATE DIRECTOR | $122,500 | $0 | $13,920 | $0 | $3,795 | $0 | $9,460 | $0 | $8,825 | $0 | $158,500 | $0 | $8,470 | $0 |
| ROBERT G SCHMALZ | ||||||||||||||
| ASSOCIATE DIRECTOR | $114,000 | $0 | $16,605 | $0 | $9,000 | $0 | $8,726 | $0 | $8,399 | $0 | $156,730 | $0 | $8,325 | $0 |
| DREW M OSSAKOW | ||||||||||||||
| SENIOR MAJOR GIFTS OFFICER | $125,000 | $0 | $4,281 | $0 | $660 | $0 | $13,634 | $0 | $8,400 | $0 | $151,975 | $0 | $781 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 234 | ContributionCnt |
| Noncash Contributions Rpt F990 | $4,769,375 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV(MEAN)DATE RECEIVED | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | VEHICLE USAGE | 34 | $247,000 | DONOR BENEFITS RECEI |
| Yes (X) | DONOR SOCIALS | 1 | $14,107 | COST |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, COLUMN (B): | NUMERIC ENTRIES IN COLUMN B REPRESENT THE NUMBER OF CONTRIBUTIONS MADE. |
| PART I, LINE 32B: | THE FOUNDATION USES THE SERVICES OF THIRD PARTY BROKERS TO IMMEDIATELY SELL DONATED PUBLICLY-TRADED STOCK UPON RECEIPT OF SUCH STOCK. |
| PART I, LINE 33: | THE FOUNDATION REPORTED 137 CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES IN SATISFACTION OF PRIOR YEAR PLEDGES THAT WERE REPORTED AS CONTRIBUTIONS IN A PRIOR YEAR. THESE SECURITIES WERE VALUED AT $3,181,021. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 7A | FOUR UNIVERSITY OF VIRGINIA REPRESENTATIVES ARE APPOINTED AS FOLLOWS: ONE DESIGNATED BY THE BOARD OF VISITORS OF THE UNIVERSITY OF VIRGINIA, ONE APPOINTED BY THE PRESIDENT OF THE UNIVERSITY, THE DIRECTOR OF ATHLETICS OF THE UNIVERSITY, AND ONE APPOINTED BY THE DIRECTOR OF ATHLETICS OF THE UNIVERSITY SHALL BE EX-OFFICIO VOTING MEMBERS OF THE BOARD. THE PRESIDENT OF THE BOARD OF TRUSTEES OF THE FOUNDATION MAY APPOINT EX-OFFICIO NON-VOTING MEMBERS FOR ONE-YEAR TERMS, NOT TO EXCEED 3 SUCCESSIVE TERMS. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE FOUNDATION MUST SUBMIT FOR APPROVAL TO THE BOARD OF VISITORS OF THE UNIVERSITY OF VIRGINIA FOR ANY NEW PROPOSED BUSINESS VENTURE OR SUBSTANTIAL CHANGE IN THE NATURE OF THE FOUNDATION, FOR THE PURCHASE OF REAL ESTATE OR FOR ANY MATERIAL DEBT TO BE INCURRED FOR PERMANENT OR WORKING CAPITAL. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE PRELIMINARY DRAFT OF FORM 990 IS REVIEWED BY THE FOUNDATION'S OFFICERS AND THE MEMBERS OF THE AUDIT AND OVERSIGHT COMMITTEE OF THE BOARD PRIOR TO FILING. UPON APPROVAL BY THE AUDIT AND OVERSIGHT COMMITTEE, THE PRELIMINARY DRAFT OF THE 990 IS MADE AVAILABLE TO ALL FOUNDATION BOARD MEMBERS FOR FURTHER REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | A LISTING OF ALL VENDORS AND INDIVIDUALS WITH WHOM THE FOUNDATION HAS TRANSACTED BUSINESS WITH DURING THE YEAR IS PROVIDED TO TRUSTEES, OFFICERS, AND EMPLOYEES. ON AN ANNUAL BASIS, ALL TRUSTEES AND EMPLOYEES WITH AUTHORITY MAKE A WRITTEN DISCLOSURE REGARDING CONFLICTS OF INTEREST. COMPLETED FORMS ARE REVIEWED TO DETERMINE APPROPRIATE RESOLUTION AS DETERMINED BY THE EXECUTIVE DIRECTOR OR TRUSTEES, AS APPLICABLE. IN ADDITION, ALL REAL OR APPARENT CONFLICTS ARE TO BE DISCLOSED AND RESOLVED BY THE EXECUTIVE DIRECTOR AND, DEPENDING ON THE PARTY INVOLVED, THE OVERSIGHT COMMITTEE OR BOARD PRESIDENT. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE DIRECTOR'S SALARY IS CONSIDERED DURING THE ANNUAL PERFORMANCE EVALUATION BY THE EXECUTIVE COMMITTEE APPOINTED BY THE BOARD OF TRUSTEES. THE COMMITTEE CONSIDERS FEEDBACK, GOALS, USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN COMPARABLE POSITIONS AT PEER INSTITUTIONS, AND REVIEW WITH THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION C, LINE 18 | THE FOUNDATION'S APPLICATION FOR RECOGNITION OF EXEMPTION WAS MADE PRIOR TO JULY 15, 1987; THEREFORE, FORM 1023 IS NOT APPLICABLE. NAMES AND ADDRESSES OF CONTRIBUTORS ARE NOT AVAILABLE FOR PUBLIC INSPECTION. IRS FORM 990 IS MADE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | NO DOCUMENTS AVAILABLE TO THE PUBLIC. FEDERAL TAX LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICLY AVAILABLE UNLESS THEY ARE INCLUDED ON A FORM THAT IS PUBLICLY AVAILABLE. |
| FORM 990, PART XI, LINE 9: | CHANGE IN VALUE OF REMAINDER TRUSTS -131,000. |
| FORM 990, SECTION XII, LINE 2C | NO CHANGE FROM THE PRIOR YEAR'S PROCESS. THE AUDIT AND OVERSIGHT COMMITTEE OF THE FOUNDATION'S BOARD OF TRUSTEES ASSUMES RESPONSIBILITY OF OVERSIGHT FOR THE ANNUAL FINANCIAL STATEMENT AUDIT. |
| FORM 990, SECTION XI, LINE 5 | RECONCILIATION OF CHANGE IN NET ASSETS THE FOUNDATION INVESTS IN A "POOLED INCOME FUND" ADMINISTRATED BY UVIMCO, A 501(C)(3) ORGANIZATION. THE FOUNDATION INVESTS IN UNITS WHICH ARE ADJUSTED TO MARKET VALUE ON A PERIODIC BASIS. GAINS AND LOSSES ARE DETERMINED TO BE UNREALIZED BASED ON CHANGES IN SUCH UNIT VALUES. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)
| Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|
| CHARITABLE REMAINDER TRUSTS (20) | |||
| INVESTMENTS | VA | VIRGINIA STUDENT AID FOUNDATION INC | 0 |
| CHARITABLE REMAINDER TRUST (1) | |||
| INVESTMENTS | SC | VIRGINIA STUDENT AID FOUNDATION INC | 0 |
| CHARITABLE REMAINDER TRUST (1) | |||
| INVESTMENTS | FL | VIRGINIA STUDENT AID FOUNDATION INC | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | 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 | 0 | 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 | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Comments