VIRGINIA TECH FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: VIRGINIA TECH FOUNDATION INC (EIN 54-0721690)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2022-05-13
IRS object ID: 202211339349303761
Schema version: 2020v4.2
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 C
Schedule D
Schedule F
Schedule I
Schedule J
Schedule K
Schedule K
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-13T10:14:18-05:00	ReturnTs
Tax Period End	2021-06-30	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	319 MCCLANAHAN STREET SW	AddressLine1Txt
City	ROANOKE	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24014	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2020-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	540721690	EIN

Business Name BusinessName

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

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 ROAD NO 4000	AddressLine1Txt
City	BLACKSBURG	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24061	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ELIZABETH A MCCLANAHAN	PersonNm
Person Title	CEO	PersonTitleTxt
Phone	5402312265	PhoneNum
Signature	2022-05-13	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ELIZABETH	PersonFirstNm
Person Last	MCCLANAHAN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JEFFREY G BARBOUR	PreparerPersonNm
PTIN	P01331383	PTIN
Phone	5403450936	PhoneNum
Preparation	2022-05-10	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	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ELIZABETH A MCCLANAHAN	PrincipalOfficerNm

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)
Gross Receipts	$464,007,673	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.VTF.VT.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1948	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	THE FOUNDATION RECEIVES, MANAGES, AND DISBURSES PRIVATE GIFTS IN SUPPORT OF PROGRAMS AT VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY (VIRGINIA TECH).	ActivityOrMissionDesc
Voting Members Governing Body	32	VotingMembersGoverningBodyCnt
Voting Members Independent	32	VotingMembersIndependentCnt
Total Employee	103	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	-$20,919,873	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$215,776	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$163,472,809	PYContributionsGrantsAmt
CY Contributions Grants	$176,951,316	CYContributionsGrantsAmt
PY Program Service Revenue	$15,323,203	PYProgramServiceRevenueAmt
CY Program Service Revenue	$17,075,178	CYProgramServiceRevenueAmt
PY Investment Income	$23,338,575	PYInvestmentIncomeAmt
CY Investment Income	$129,580,147	CYInvestmentIncomeAmt
PY Other Revenue	$19,865,099	PYOtherRevenueAmt
CY Other Revenue	$15,071,465	CYOtherRevenueAmt
PY Total Revenue	$221,999,686	PYTotalRevenueAmt
CY Total Revenue	$338,678,106	CYTotalRevenueAmt
PY Grants And Similar Paid	$33,633,985	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$32,774,808	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$5,962,790	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$5,996,312	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$11,314,479	CYTotalFundraisingExpenseAmt
PY Other Expenses	$99,617,322	PYOtherExpensesAmt
CY Other Expenses	$75,820,501	CYOtherExpensesAmt
PY Total Expenses	$139,214,097	PYTotalExpensesAmt
CY Total Expenses	$114,591,621	CYTotalExpensesAmt
PY Revenues Less Expenses	$82,785,589	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$224,086,485	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,253,132,781	TotalAssetsBOYAmt
Total Assets EOY	$2,705,348,340	TotalAssetsEOYAmt
Total Liabilities BOY	$844,377,394	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$975,869,416	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$1,408,755,387	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,729,478,924	NetAssetsOrFundBalancesEOYAmt
Mission	THE FOUNDATION RECEIVES, INVESTS, AND MANAGES PRIVATE ASSETS HELD FOR THE SUPPORT OF PROGRAMS AT VIRGINIA TECH AND TO FOSTER AND PROMOTE THE GROWTH, PROGRESS AND GENERAL WELFARE OF THE UNIVERSITY.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$86,840,255	ExpenseAmt
Grant	$32,774,808	GrantAmt
Revenue	$17,075,178	RevenueAmt
Desc	VIRGINIA TECH FOUNDATION SUPPORTS THE PROGRAMS OF VIRGINIA TECH. THE FOUNDATION DOES THIS BY GENERATING FUNDING FROM PRIVATE SOURCES AND AGGRESSIVELY MANAGING ITS ASSETS TO SUPPLEMENT STATE APPROPRIATIONS, TUITION, AND OTHER SOURCES OF FUNDS. THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO STUDENTS, ADDITIONAL OPERATING SUPPORT TO COLLEGES AND DEPARTMENTS, ASSISTS IN THE FUNDING OF MAJOR BUILDING PROJECTS, PROVIDES SEED CAPITAL FOR NEW UNIVERSITY INITIATIVES, AND INITIATES MAJOR PROJECTS AS REQUESTED BY THE UNIVERSITY. IN ADDITION, THE FOUNDATION MANAGES VIRGINIA TECH'S ENDOWMENT. THE FOUNDATION DEPLOYS CAPITAL IN WAYS THAT SERVE THE INTERESTS NOT ONLY OF THE UNIVERSITY, BUT ALSO OF ITS REGIONS.	Desc
Total Program Service Expenses	$86,840,255	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	Yes (1)	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	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	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	Yes (1)	ForeignOfficeInd
Foreign Activities	Yes (1)	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	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
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	Yes (1)	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	403	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	103	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	Yes (1)	ForeignFinancialAccountInd
Foreign Country	SG	ForeignCountryCd
Foreign Country	SZ	ForeignCountryCd
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	Yes (1)	Form8282PropertyDisposedOfInd
Form8282 Filed	1	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Form1098 C Filed	Yes (1)	Form1098CFiledInd
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	32	GoverningBodyVotingMembersCnt
Independent Voting Member	32	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	0	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	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	Yes (1)	InvestmentInJointVentureInd
Written Policy Or Procedure	Yes (1)	WrittenPolicyOrProcedureInd
States Where Copy Of Return Is Fld	VA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

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

Field	Value	IRS element (for citing)
Phone	5402312265	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	24060	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (44 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Key EmployeeKeyEmployeeInd	Highest Compensated EmployeeHighestCompensatedEmployeeInd
MR WILLIAM HANSON WEST JR
CHAIRMAN	2.00	Yes (X)	Yes (X)	$0	$0	$0
MR CHARLES D PHLEGAR
EXECUTIVE VICE PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$710,609	$129,324	38.00
JUSTICE ELIZABETH MCCLANAHAN
CEO AS OF 6/1/2021	30.00	Yes (X)	Yes (X)	$0	$0	$0	10.00
DR JOHN E DOOLEY
CEO THROUGH 5/31/21	30.00	Yes (X)	Yes (X)	$492,640	$0	$33,730	10.00
DR DWAYNE L PINKNEY
EXECUTIVE VICE PRESIDENT	2.00	Yes (X)	Yes (X)	$0	$462,100	$49,595	38.00
MR JOHN C ASBURY
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR OMAR M ASALI
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR CHRISTOPHER J BRIGHTMAN
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS MARGARET L CALLAHAN
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS DESERIA CREIGHTON-BARNEY
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR KEVIN T CROFTON
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR JOHN C FERNANDO
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR GREGORY C GODSEY
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR DONALD DON B HALLIWILL
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR JEFFREY C HARTMAN
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS STARLETTE B JOHNSON
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
DR DEBORAH A KOLLER
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR RYAN D LEWELLYN
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS NANCY R LITTLE
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS PRISCILLA MCCALL
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR ROGER H MOORE
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR MARTY MUSCATELLO
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR WILLIAM N PARK
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS RENAE C PEARSON
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR JAY S POOLE
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
DR TIMOTHY D SANDS
BOARD MEMBER	2.00	Yes (X)		$0	$620,000	$259,819	38.00
MS SHIRISH S SATHAYE
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR BENJAMIN Z STALLINGS
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS FAY H STREET
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR HORACIO A VALEIRAS
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR RICHARD RICHIE R WHITT III
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS JACQUELINE JACKIE L ARCHER
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR J RYAN LINGERFELT
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS LAILA N ROSSI
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR JAMES JIM N STRAWBRIDGE
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MR GREGORY GREG C THOMPSON
BOARD MEMBER	2.00	Yes (X)		$0	$0	$0
MS TERRI MITCHELL
SECRETARY	40.00	Yes (X)	Yes (X)	$235,300	$0	$50,364
MR JOHN J CUSIMANO
TREASURER	2.00			$0	$262,650	$54,105	38.00	Yes (X)
MR DANIEL WARD
CIO ENDOWMENT	40.00			$525,136	$0	$57,954		Yes (X)
MR MICHAEL WALSH
ASSISTANT TREASURER	40.00			$0	$152,876	$42,667		Yes (X)
MR EBENHARD STODDARD
INVESTMENT MANAGER	40.00			$224,260	$0	$44,950			Yes (X)
MR BRYAN BOEHLING
INVESTMENT MANAGER	40.00			$223,467	$0	$32,310			Yes (X)
MS CATHERINE POTTER
ASSOC VP/GENERAL COUNSEL	40.00			$216,500	$0	$36,113			Yes (X)
MR DAVID MARONE
FINANCIAL ANALYST	40.00			$142,263	$0	$35,858			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$2,059,566	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$2,208,235	TotReportableCompRltdOrgAmt
Total Other Compensation	$826,789	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	7	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
G&H CONTRACTING INC
1320 SOUTHSIDE DR	SALEM	VA	24153	CONSTRUCTION	$2,387,054
ET GRESHAM COMPANY INC
P O BOX 1077	NORFOLK	VA	24027	CONSTRUCTION	$1,754,635
TKA ARCHITECTS CO EDC
1001 BOULDERS PKWYSTE 100	RICHMOND	VA	23235	ARCHITECT	$1,239,442
MB CONTRACTORS INC
3825 BLUE RIDGE DR	ROANOKE	VA	24018	CONSTRUCTION	$1,200,455
E C PACE COMPANY INC
PO BOX 12685	ROANOKE	VA	24027	CONSTRUCTION	$1,108,701

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	27	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$176,951,316	AllOtherContributionsAmt
Noncash Contributions	$22,427,895	NoncashContributionsAmt
Total Contributions	$176,951,316	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
DEVELOPMENT & MANAGEMENT ENDOWMEN	900099	$5,146,107	$5,146,107
AFFILIATE MEMBERSHIP PROGRAM	900099	$4,195,926	$4,195,926
MISC REVENUES	900099	$3,278,685	$3,278,685
CSV LIFE INSURANCE	900099	$1,742,595	$1,742,595
SALES	900099	$1,297,353	$1,297,353

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,414,512	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,414,512	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$17,075,178	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$19,082,673	TotalRevenueColumnAmt
Unrelated Business Revenue	-$22,413,625	UnrelatedBusinessRevenueAmt
Exclusion	$41,496,298	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$61,835	TotalRevenueColumnAmt
Exclusion	$61,835	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$25,649	TotalRevenueColumnAmt
Exclusion	-$25,649	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$25,633,070	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$18,551,384	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$7,081,686	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$7,081,686	TotalRevenueColumnAmt
Exclusion	$7,081,686	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$213,572,206	SecuritiesAmt
Other	$3,519,519	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$104,906,786	SecuritiesAmt
Other	$1,749,300	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$108,665,420	SecuritiesAmt
Other	$1,770,219	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$110,435,639	TotalRevenueColumnAmt
Exclusion	$110,435,639	ExclusionAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$165,740	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$122,097	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$43,643	TotalRevenueColumnAmt
Exclusion	$43,643	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	ExclusionExclusionAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
EQUITY IN SUBSIDIARIES	900099	$9,347,686	$9,347,686
RIVERCOURSE	713910	$1,460,784		$1,460,784
ALUMNI TOURS	900099	$32,968		$32,968

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$2,869,653	TotalRevenueColumnAmt
Exclusion	-$2,869,653	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$7,971,785	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$338,678,106	TotalRevenueColumnAmt
Related Or Exempt Func Income	$17,075,178	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	-$20,919,873	UnrelatedBusinessRevenueAmt
Exclusion	$165,571,485	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$32,774,808	TotalAmt
Program Services	$32,774,808	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$1,395,123	TotalAmt
Management And General	$1,395,123	ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$1,595,433	TotalAmt
Program Services	$222,836	ProgramServicesAmt
Management And General	$1,372,597	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$474,078	TotalAmt
Program Services	$26,557	ProgramServicesAmt
Management And General	$447,521	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$705,655	TotalAmt
Program Services	$49,809	ProgramServicesAmt
Management And General	$655,846	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$1,826,023	TotalAmt
Program Services	$51,784	ProgramServicesAmt
Management And General	$1,774,239	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$102,470	TotalAmt
Program Services	$86,944	ProgramServicesAmt
Management And General	$15,526	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$19,980	TotalAmt
Management And General	$19,980	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$48,425	TotalAmt
Program Services	$48,425	ProgramServicesAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$733,484	TotalAmt
Program Services	$670,890	ProgramServicesAmt
Management And General	$2,006	ManagementAndGeneralAmt
Fundraising	$60,588	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,785,801	TotalAmt
Program Services	$1,829,379	ProgramServicesAmt
Management And General	$123,726	ManagementAndGeneralAmt
Fundraising	$832,696	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$302,129	TotalAmt
Program Services	$65,777	ProgramServicesAmt
Management And General	$62,959	ManagementAndGeneralAmt
Fundraising	$173,393	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$936,578	TotalAmt
Program Services	$851,086	ProgramServicesAmt
Management And General	$77,637	ManagementAndGeneralAmt
Fundraising	$7,855	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$215,520	TotalAmt
Program Services	$163,349	ProgramServicesAmt
Management And General	$6,306	ManagementAndGeneralAmt
Fundraising	$45,865	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$176,942	TotalAmt
Program Services	$167,902	ProgramServicesAmt
Management And General	$6,492	ManagementAndGeneralAmt
Fundraising	$2,548	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$7,106,382	TotalAmt
Program Services	$1,058,742	ProgramServicesAmt
Management And General	$6,047,640	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,537,942	TotalAmt
Program Services	$1,364,722	ProgramServicesAmt
Management And General	$168,458	ManagementAndGeneralAmt
Fundraising	$4,762	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$907,395	TotalAmt
Program Services	$791,930	ProgramServicesAmt
Management And General	$113,260	ManagementAndGeneralAmt
Fundraising	$2,205	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
OTHER UNIVERSITY OPERAT	$20,643,489	$20,633,244	$3,224	$7,021
UNIVERSITY SALARY & WAG	$20,292,474	$13,341,984	$112,592	$6,837,898
UNIVERSITY SPONSORED RE	$8,512,198	$7,976,406		$535,792
RADIO STATION	$3,625,777	$1,068,533	$2,123,015	$434,229

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$7,873,515	TotalAmt
Program Services	$3,595,148	ProgramServicesAmt
Management And General	$1,908,740	ManagementAndGeneralAmt
Fundraising	$2,369,627	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$114,591,621	TotalAmt
Program Services	$86,840,255	ProgramServicesAmt
Management And General	$16,436,887	ManagementAndGeneralAmt
Fundraising	$11,314,479	FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$144,677,583	BOYAmt
EOY	$128,433,451	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$151,363,780	BOYAmt
EOY	$183,436,039	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$5,759,908	BOYAmt
EOY	$14,497,687	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$156,749,646	BOYAmt
EOY	$170,333,584	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$1,422,165	BOYAmt
EOY	$1,118,807	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$4,954,303	BOYAmt
EOY	$7,279,894	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$299,569,776	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$78,677,662	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$180,683,622	BOYAmt
EOY	$220,892,114	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$664,209,034	BOYAmt
EOY	$669,183,985	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$844,838,582	BOYAmt
EOY	$1,191,991,872	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,004,691	BOYAmt
EOY	$3,228,508	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$96,469,467	BOYAmt
EOY	$114,952,399	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,253,132,781	BOYAmt
EOY	$2,705,348,340	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$6,750,026	BOYAmt
EOY	$5,170,995	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$8,554,773	BOYAmt
EOY	$43,003,435	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$336,217,172	BOYAmt
EOY	$320,148,233	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$4,812,159	BOYAmt
EOY	$4,335,201	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$488,043,264	BOYAmt
EOY	$603,211,552	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$844,377,394	BOYAmt
EOY	$975,869,416	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	$301,266,339	BOYAmt
EOY	$358,751,563	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,107,489,048	BOYAmt
EOY	$1,370,727,361	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$1,408,755,387	BOYAmt
EOY	$1,729,478,924	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,253,132,781	BOYAmt
EOY	$2,705,348,340	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$224,086,485	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$88,812,455	NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments	-$318,049	PriorPeriodAdjustmentsAmt
Other Changes In Net Assets	$8,142,646	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)
College Organization	Yes (X)	CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$145,344,518	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$130,664,700	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$136,988,218	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$163,472,809	CurrentTaxYearMinus1YearAmt
Current Tax Year	$176,951,316	CurrentTaxYearAmt
Total	$753,421,561	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$145,344,518	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$130,664,700	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$136,988,218	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$163,472,809	CurrentTaxYearMinus1YearAmt
Current Tax Year	$176,951,316	CurrentTaxYearAmt
Total	$753,421,561	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$753,421,561	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$40,406,905	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$41,241,640	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$47,342,867	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$43,023,472	CurrentTaxYearMinus1YearAmt
Current Tax Year	$44,751,929	CurrentTaxYearAmt
Total	$216,766,813	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,950,311	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$8,085,063	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,703,338	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$10,004,187	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,971,785	CurrentTaxYearAmt
Total	$39,714,684	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$1,009,903,058	TotalSupportAmt
Public Support CY170	0.74600	PublicSupportCY170Pct
Public Support PY170	0.73110	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 C IRS990ScheduleC

Total Direct Lobbying TotalDirectLobbyingGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$48,425	FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$48,425	FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$114,044,953	FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$114,093,378	FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$1,000,000	FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$250,000	FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

Field	Value	IRS element (for citing)
Filing Organizations Total	$0	FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$1,000,000	CurrentYearMinus3Amt
Current Year Minus2	$1,000,000	CurrentYearMinus2Amt
Current Year Minus1	$1,000,000	CurrentYearMinus1Amt
Current Year	$1,000,000	CurrentYearAmt
Total	$4,000,000	TotalAmt

Field	Value	IRS element (for citing)
Lobbying Ceiling	$6,000,000	LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$68,500	CurrentYearMinus3Amt
Current Year Minus2	$72,000	CurrentYearMinus2Amt
Current Year Minus1	$41,000	CurrentYearMinus1Amt
Current Year	$48,425	CurrentYearAmt
Total	$229,925	TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

Field	Value	IRS element (for citing)
Current Year Minus3	$250,000	CurrentYearMinus3Amt
Current Year Minus2	$250,000	CurrentYearMinus2Amt
Current Year Minus1	$250,000	CurrentYearMinus1Amt
Current Year	$250,000	CurrentYearAmt
Total	$1,000,000	TotalAmt

Field	Value	IRS element (for citing)
Grassroots Ceiling	$1,500,000	GrassrootsCeilingAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	5	DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri	$1,892,000	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$1,025,812	DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY	$2,965,370	DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl	Yes (1)	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (1)	DisclosedForCharitablePrpsInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Revenues Included	$540,900	RevenuesIncludedAmt
Assets Included	$7,003,761	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd
Incl Escrow Custodial Acct Liab	0	InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,241,790,413	BeginningYearBalanceAmt
Contributions	$97,351,162	ContributionsAmt
Investment Earnings Or Losses	$308,274,911	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$18,122,900	GrantsOrScholarshipsAmt
Other Expenditures	$17,904,603	OtherExpendituresAmt
Administrative Expenses	$27,669,523	AdministrativeExpensesAmt
End Year Balance	$1,583,719,460	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,258,695,844	BeginningYearBalanceAmt
Contributions	$137,962,057	ContributionsAmt
Investment Earnings Or Losses	-$94,338,336	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$16,918,193	GrantsOrScholarshipsAmt
Other Expenditures	$16,567,970	OtherExpendituresAmt
Administrative Expenses	$27,042,989	AdministrativeExpensesAmt
End Year Balance	$1,241,790,413	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$1,088,549,847	BeginningYearBalanceAmt
Contributions	$188,130,951	ContributionsAmt
Investment Earnings Or Losses	$31,914,017	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$17,732,205	GrantsOrScholarshipsAmt
Other Expenditures	$15,754,829	OtherExpendituresAmt
Administrative Expenses	$16,411,937	AdministrativeExpensesAmt
End Year Balance	$1,258,695,844	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$946,513,468	BeginningYearBalanceAmt
Contributions	$135,001,836	ContributionsAmt
Investment Earnings Or Losses	$42,211,807	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$14,250,805	GrantsOrScholarshipsAmt
Other Expenditures	$1,297,772	OtherExpendituresAmt
Administrative Expenses	$19,628,687	AdministrativeExpensesAmt
End Year Balance	$1,088,549,847	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$798,874,217	BeginningYearBalanceAmt
Contributions	$95,369,247	ContributionsAmt
Investment Earnings Or Losses	$76,036,629	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$13,764,540	GrantsOrScholarshipsAmt
Other Expenditures	$1,068,587	OtherExpendituresAmt
Administrative Expenses	$8,933,498	AdministrativeExpensesAmt
End Year Balance	$946,513,468	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.01799	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.41065	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.57136	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$99,066,817	OtherCostOrOtherBasisAmt
Book Value	$99,066,817	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$156,668,267	OtherCostOrOtherBasisAmt
Depreciation	$54,200,622	DepreciationAmt
Book Value	$102,467,645	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$642,236	OtherCostOrOtherBasisAmt
Depreciation	$502,470	DepreciationAmt
Book Value	$139,766	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$15,369,523	OtherCostOrOtherBasisAmt
Depreciation	$10,505,405	DepreciationAmt
Book Value	$4,864,118	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$27,822,933	OtherCostOrOtherBasisAmt
Depreciation	$13,469,165	DepreciationAmt
Book Value	$14,353,768	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$220,892,114	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
PARTNERSHIP INVESTMENTS	$1,014,728,858	C
INVESTMENT IN SUB	$89,251,098	C
REAL ESTATE INVESTMENTS	$36,208,099	C
OTHER INVESTMENTS	$51,803,817	C

Field	Value	IRS element (for citing)
Total Book Value Securities	$1,191,991,872	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDesc	AmtAmt
AGENCY DEPOSITS HELD IN TRUST	$570,833,038
TRUST PAYMENT LIABILITIES	$21,676,989
THIRD PARTY TRUST OBLIGATIONS	$3,918,347
ANNUITY OBLIGATIONS	$6,783,178

Field	Value	IRS element (for citing)
Total Liability	$603,211,552	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	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. THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE FOUNDATION HAS ANALYZED FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AND NO RESERVES FOR UNCERTAIN TAX POSITIONS, NOR INTEREST AND PENALTIES, HAVE BEEN RECORDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ONLY PERIODS SUBJECT TO EXAMINATION ARE THE 2017 THROUGH 2020 TAX YEARS.
SCHEDULE D, PART III, LINE 4	COLLECTIONS OF ART VINTAGE AND OTHER COLLECTION ITEMS ARE USED TO SUPPORT THE EDUCATIONAL AND RESEARCH MISSION OF VIRGINIA TECH.
SCHEDULE D, PART V, LINE 4	ENDOWMENT FUNDS THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 3,968 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. THE INTENT IS THAT THE PRINCIPAL OF THE ORIGINAL GIFT CAN BE USED TO PROVIDE A PERPETUAL STREAM OF FINANCIAL SUPPORT TO A PROGRAM, SCHOLARSHIP OR PROFESSORSHIP AT VIRGINIA TECH. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (3 entries)

RegionRegionTxt	OfficesOfficesCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
EUROPE	4	PROGRAM SERVICES	RENT	$282,459
SUB-SAHARAN AFRICA	0	PROGRAM SERVICES	EDUCATION	$412,202
NORTH AMERICA	0	INVESTMENTS		$570,647,664

Field	Value	IRS element (for citing)
Subtotal Offices	4	SubtotalOfficesCnt
Subtotal Employees	0	SubtotalEmployeesCnt
Continuation Total Office	0	ContinuationTotalOfficeCnt
Continuation Total Employee	0	ContinuationTotalEmployeeCnt
Total Office	4	TotalOfficeCnt
Total Employee	0	TotalEmployeeCnt
Subtotal Spent	$571,342,325	SubtotalSpentAmt
Continuation Spent	$0	ContinuationSpentAmt
Total Spent	$571,342,325	TotalSpentAmt
Transfer To Foreign Corp	Yes (1)	TransferToForeignCorpInd
Interest In Foreign Trust	0	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (1)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (1)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (1)	ForeignPartnershipInd
Boycott Countries	0	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART III ACCOUNTING METHOD:	FormAndLineReferenceDesc

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VIRGINIA POLYTECHNIC INSTITUTE & STATE UNIVERSITY	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	150 STUDENT SVCS BLVD	AddressLine1Txt
City	BLACKSBURG	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	24061	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	546001805	RecipientEIN
IRC Section	115	IRCSectionDesc
Cash Grant	$32,774,808	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	SCHOLARSHIPS	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt

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 PROVIDE SCHOLARSHIPS TO STUDENTS OF VIRGINIA TECH.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
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	Yes (1)	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 (12 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
BOARD MEMBER	$0	$600,000	$0	$20,000	$0	$0	$0	$259,819	$0	$0	$0	$879,819	$0	$0
MR CHARLES D PHLEGAR
EXECUTIVE VICE PRESIDENT	$0	$696,324	$0	$10,000	$0	$4,285	$0	$129,324	$0	$0	$0	$839,933	$0	$0
MR DANIEL WARD
CIO ENDOWMENT	$525,136	$0	$0	$0	$0	$0	$36,305	$0	$21,649	$0	$583,090	$0	$0	$0
DR JOHN E DOOLEY
CEO THROUGH 5/31/21	$492,640	$0	$0	$0	$0	$0	$30,890	$0	$2,840	$0	$526,370	$0	$0	$0
DR DWAYNE L PINKNEY
EXECUTIVE VICE PRESIDENT	$0	$452,100	$0	$10,000	$0	$0	$0	$49,595	$0	$0	$0	$511,695	$0	$0
MR JOHN J CUSIMANO
TREASURER	$0	$262,650	$0	$0	$0	$0	$0	$54,105	$0	$0	$0	$316,755	$0	$0
MS TERRI MITCHELL
SECRETARY	$235,300	$0	$0	$0	$0	$0	$30,057	$0	$20,307	$0	$285,664	$0	$0	$0
MR EBENHARD STODDARD
INVESTMENT MANAGER	$224,260	$0	$0	$0	$0	$0	$24,409	$0	$20,541	$0	$269,210	$0	$0	$0
MR BRYAN BOEHLING
INVESTMENT MANAGER	$223,467	$0	$0	$0	$0	$0	$23,844	$0	$8,466	$0	$255,777	$0	$0	$0
MS CATHERINE POTTER
ASSOC VP/GENERAL COUNSEL	$216,500	$0	$0	$0	$0	$0	$23,581	$0	$12,532	$0	$252,613	$0	$0	$0
MR MICHAEL WALSH
ASSISTANT TREASURER	$0	$136,876	$0	$0	$0	$16,000	$0	$42,667	$0	$0	$0	$195,543	$0	$0
MR DAVID MARONE
FINANCIAL ANALYST	$142,263	$0	$0	$0	$0	$0	$15,659	$0	$20,199	$0	$178,121	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 5	FormAndLineReferenceDesc
Explanation	THE FOUNDATION'S INVESTMENT MANAGEMENT STAFF ARE ELIGIBLE TO RECEIVE BONUSES BASED ON THE FOUNDATION'S 3 YEAR ENDOWMENT PERFORMANCE AND RANKING. THE BONUS PROGRAM WAS APPROVED BY THE INVESTMENT COMMITTEE OF THE FOUNDATION'S BOARD OF DIRECTORS, AND THE BONUS AWARDS ARE APPROVED BY THE CHIEF EXECUTIVE OFFICER AND SECRETARY TREASURER AND PAID FROM THE FOUNDATION'S ENDOWMENT ANNUALLY.	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
ECONOMIC DEVEL AUTHORITY OF MONTGOMERY COUNTY
A	541643441	XXXXXXXXX	2012-12-27	$4,365,000	SEE PART VI	0	0	0
ECONOMIC DEVEL AUTHORITY OF MONTGOMERY COUNTY
B	541643441	613741EN3	2013-10-30	$18,650,559	SEE PART VI	0	0	0
ECONOMIC DEVEL AUTHORITY OF MONTGOMERY COUNTY
C	541643441	613741GE1	2017-05-17	$41,889,983	SEE PART VI	0	0	0
ECONOMIC DEVEL AUTHORITY OF MONTGOMERY COUNTY
D	541643441	XXXXXXXXX	2017-05-17	$23,750,000	SEE PART VI	0	0	0

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Total ProceedsTotalProceedsAmt	Other Spent ProceedsOtherSpentProceedsAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd	Bond DefeasedBondDefeasedAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Capital ExpendituresCapitalExpendituresAmt
A	$4,285,000	$4,365,000	$4,365,000	2007	Yes (1)	0	Yes (1)	Yes (1)
B	$4,255,000	$18,650,559		2015	0	0	Yes (1)	Yes (1)	$11,605,000	$219,381	$18,431,178
C	$2,955,000	$41,889,983	$41,614,958	2017	Yes (1)	Yes (1)	Yes (1)	Yes (1)		$275,025
D	$12,685,000	$23,750,000	$23,675,000	2017	Yes (1)	0	Yes (1)	Yes (1)		$75,000

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Any Research AgreementsAnyResearchAgreementsInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd
A	0	0	Yes (1)
B	0	0	Yes (1)
C	Yes (1)	Yes (1)	Yes (1)	Yes (1)	Yes (1)
D	0	0	Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A	0	Yes (1)	Yes (1)	Yes (1)
B	0	Yes (1)	Yes (1)	Yes (1)
C	Yes (1)	0	0	Yes (1)
D	Yes (1)	0	0	Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (1)
B	Yes (1)
C	0
D	0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

SCHEDULE K, PART I, COLUMN (F)

SERIES 2019A BOND DESCRIPTION OF PURPOSE: FINANCING NEW CONSTRUCTION OF VARIOUS PROJECTS. SERIES 2017C BOND DESCRIPTION OF PURPOSE: REFUND PORTIONS OF THE SERIES 2005 AND 2009A BONDS (DATED 8/25/2005 AND 02/12/200 9 AND FINANCE THE COST OF ISSUANCE. SERIES 2017A BOND DESCRIPTION OF PURPOSE: REFUND PORTIONS OF THE SERIES 2010A AND SERIES 2011A BONDS, REFINANCE THE TAXABLE COLLEGIATE SQUARE NOTE, AND FINANCE COST ISSUANCE. SERIES 2013 BOND DESCRIPTION OF PURPOSE: FINANCING NEW CONSTRUCTION FOR VARIOUS PROJECTS.

SCHEDULE K, PART IV, LINE 2C, COLUMN (D)

DATE REBATE CALCULATION WAS PERFORMED - OCTOBER 13, 2018

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	ECONOMIC DEVEL AUTHORITY OF MONTGOMERY COUNTY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	541643441	BondIssuerEIN
CUSIP	613741KJ5	CUSIPNum
Bond Issued	2019-11-05	BondIssuedDt
Issue Price	$62,357,358	IssuePriceAmt
Purpose	SEE PART VI	PurposeDesc
Defeased	0	DefeasedInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Pool Financing	0	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$60,000	RetiredAmt
Total Proceeds	$62,453,004	TotalProceedsAmt
Issuance Costs From Proceeds	$342,450	IssuanceCostsFromProceedsAmt
Capital Expenditures	$38,090,450	CapitalExpendituresAmt
Unspent	$24,020,104	UnspentAmt
Refunding Tax Exempt Bonds	0	RefundingTaxExemptBondsInd
Refunding Taxable Bonds	0	RefundingTaxableBondsInd
Final Allocation Made	0	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (1)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	0	OwningBondFinancedPropertyInd
Any Lease Arrangements	0	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	0	MgmtContractBondFincdPropInd
Any Research Agreements	0	AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test	0	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	0	ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd	Yes (1)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiledInd
Rebate Not Due Yet	0	RebateNotDueYetInd
Exception To Rebate	0	ExceptionToRebateInd
No Rebate Due	Yes (1)	NoRebateDueInd
Variable Rate Issue	0	VariableRateIssueInd
Hedge Identified In Bks And Rec	0	HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	0	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (1)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (1)	ProceduresCorrectiveActionInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$306,900	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$1,266,454	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Clothing And Household Goods ClothingAndHouseholdGoodsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$1,943	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	459	ContributionCnt
Noncash Contributions Rpt F990	$19,198,489	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$349,400	NoncashContributionsRptF990Amt

Real Estate Commercial RealEstateCommercialGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1	ContributionCnt
Noncash Contributions Rpt F990	$77,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Collectibles CollectiblesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	5	ContributionCnt
Noncash Contributions Rpt F990	$5,963	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FMV	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (4 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	MISCELLANEOUS	24	$504,499	FMV
Yes (X)	EQUIPMENT	37	$466,139	FMV
Yes (X)	SOFTWARE	2	$204,949	FMV
Yes (X)	LIVESTOCK	16	$46,159	FMV

Field	Value	IRS element (for citing)
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

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 32B:	FormAndLineReferenceDesc
Explanation	VARIOUS REAL ESTATE BROKERS ARE UTILIZED TO ASSIST WITH THE SALE OF DONATED PROPERTIES.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
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. MANAGEMENT AND THE ASSOCIATE VICE PRESIDENT AND CONTROLLER PERFORM A DETAILED REVIEW OF THE FORM PRIOR TO FORWARDING IT TO THE CEO FOR REVIEW. THE CEO THEN REVIEWS THE FORMS. ANY ISSUES AFTER THESE REVIEWS ARE COMMUNICATED BACK TO THE THIRD PARTY TAX CONSULTANTS. ANY ISSUES ARE CORRECTED AND ADDRESSED BY BOTH PARTIES. TWO WEEKS PRIOR TO THE FILING DEADLINE, 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, THE CHIEF EXECUTIVE OFFICER THEN SIGNS THE TRANSMITTAL FORM TO PERMIT THE ELECTRONIC FILING, AS REQUIRED BY THE IRS, 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	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 15A	BOARD OF DIRECTORS DIRECTORS RECEIVE NO COMPENSATION FOR SERVICE TO THE FOUNDATION. OFFICERS - EXECUTIVE VICE PRESIDENTS OFFICERS OF THE FOUNDATION ARE THE UNIVERSITY'S VICE PRESIDENT FOR ADVANCEMENT, AND CHIEF FINANCIAL OFFICER. THESE POSITIONS ARE EMPLOYED BY AND FUNDED 100% BY THE UNIVERSITY AND THEIR SALARIES AND BENEFITS ARE APPROVED BY THE UNIVERSITY'S BOARD OF VISITORS BASED UPON RECOMMENDATION BY THE UNIVERSITY PRESIDENT. THE UNIVERSITY UTILIZES VARIOUS HIGHER EDUCATION SALARY STUDIES AND DATA FROM PEER INSTITUTIONS IN ESTABLISHING SALARIES AND BENEFITS FOR THESE POSITIONS. OFFICER - CHIEF EXECUTIVE OFFICER AND SECRETARY/TREASURER SALARY AND BENEFITS FOR THE CHIEF EXECUTIVE OFFICER AND SECRETARY TREASURER ARE RECOMMENDED BY THE UNIVERSITY PRESIDENT AND APPROVED BY THE FOUNDATION'S COMPENSATION COMMITTEE. COMPARATIVE SALARY AND BENEFITS INFORMATION IS PROVIDED TO THE COMPENSATION COMMITTEE FOR ITS CONSIDERATION IN MAKING SALARY ADJUSTMENTS AND ESTABLISHING BENEFIT PROGRAMS. PROFESSIONAL AND CLASSIFIED STAFF IT IS THE FOUNDATION'S POLICY TO PROVIDE SALARY AND BENEFITS AS CLOSE AS PRACTIBLE TO THOSE PROVIDED TO UNIVERSITY EMPLOYEES. PROFESSIONAL AND CLASSIFIED STAFF SALARIES ARE APPROVED BY THE CHIEF EXECUTIVE OFFICER AND SECRETARY TREASURER AND INCLUDED IN THE BOARD APPROVED ANNUAL OPERATING BUDGET. COMPARATIVE DATA INCLUDING UNIVERSITY AVERAGES FOR SIMILAR POSITIONS ARE USED IN ESTABLISHING AND ADJUSTING SALARIES. MERIT ADJUSTMENTS MIRROR THE UNIVERSITY APPROVED MERIT ADJUSTMENTS EACH YEAR.
FORM 990, PART VI, SECTION C, LINE 19	UPON REQUEST
FORM 990, PART XI, LINE 9:	CHANGE IN VALUATION OF SPLIT INTEREST AGREEMENTS 8,142,646.
FORM 990 PART XII, LINE 2C	THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
990 PART V, LINE 3A	A LETTER RULING WAS REQUESTED UNDER SECTIONS 512 AND 514 OF THE INTERNAL REVENUE CODE. THE LETTER DATED SEPTEMBER 24, 2018 RULES THAT REIMBURSEMENT TO THE FOUNDATION FROM A DONATING CHARITBALE TRUST OF NORMAL AND CUSTOMARY MANAGEMENT FEES AND OTHER EXPENSES SHALL NOT BE TREATED AS UNRELATED BUSINESS INCOME FOR PURPOSES OF SECTION 512 OR 514. PLR-114859-18
FORM 990 PART VI, LINE 16B	THE FOUNDATION ADOPTED A JOINT VENTURE POLICY ON SEPTEMBER 1, 2009. THE POLICY REQUIRES THAT THE FOUNDATION EVALUATE ITS PARTICIPATION IN JOINT VENTURE AGREEMENTS UNDER FEDERAL TAX LAW AND TAKE STEPS TO SAFEGUARD THE FOUNDATION'S EXEMPT STATUS WITH RESPECT TO SUCH ARRANGEMENTS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (6 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt
RIVER COURSE LLC
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061	061654343	GOLF COURSE	VA	$1,511,553	$8,972,280
VT TECHNOLOGY ASSETS LLC
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061	540721690	INFO TECH	VA	$44,936	$3,860,567
VTF-VEP II LLC
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061	999999999	INVESTMENTS	VA		$3,000,001
MAROON ASIA I LLC
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061	999999999	INVESTMENTS	VA		$6,220,786
MAROON US PCC LLC
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061	999999999	INVESTMENTS	VA		$149,970
ORANGE US LLC
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061	999999999	INVESTMENTS	VA

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Controlled OrganizationControlledOrganizationInd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
VA TECH REAL ESTATE FOUNDATION INC
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061	541528809	PROPERTY MANAGEMENT	VA	501(C)(3)	LINE 12A, I	Yes (1)
VIRGINIA POLYTECHNIC INST & STATE UNIVERSITY
201 SOUTHGATE CENTER	BLACKSBURG	VA	24061	545001805	UNIVERSITY	VA	115	LINE 2	0
THE FERRARI FOUNDATION
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061		EUROPEAN STUDY				Yes (1)	SZ

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 ROAD 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 OPERATIONS	PrimaryActivitiesTxt
Legal Domicile State	VA	LegalDomicileStateCd
Disproportionate Allocations	0	DisproportionateAllocationsInd
General Or Managing Partner	0	GeneralOrManagingPartnerInd

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 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
VIRGINIA TECH CORPORATE RESEARCH CENTER
1715 PRATT DRIVE STE 1000	BLACKSBURG	VA	24061	541324469	RENTAL	VA	VTF	C	$7,320,232	$18,224,104	1.00000	Yes (1)
CHARITABLE REMAINDER UNITRUSTS - 67 FUNDS
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061		TRUST	VA		T				Yes (1)
HR FOUNDATION INC
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061	541702474	PROPERTY MGMT	VA	VTREF	C				Yes (1)
CHARITABLE REMAINDER ANNUITY TRUSTS - 3 FUNDS
902 PRICES FORK ROAD STE 4000	BLACKSBURG	VA	24061		TRUST	VA		T				0

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

Transactions Related Org TransactionsRelatedOrgGrp (6 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
VIRGINIA TECH CORPORATE RESEARCH CENTER
L	$617,033	FMV
VA TECH REAL ESTATE FOUNDATION
L	$515,918	FMV
VIRGINIA TECH CORPORATE RESEARCH CENTER
A	$2,325,246	FMV
VA TECH REAL ESTATE FOUNDATION
A	$6,881,165	FMV
VIRGINIA TECH CORPORATE RESEARCH CENTER
F	$450,000	FMV
VA TECH REAL ESTATE FOUNDATION
F	$398,661	FMV