2020-04-27T10:07:23-05:00 2019-06-30 540504608 BROWN EDWARDS & COMPANY LLP 701 TOWN CENTER DRIVE NEWPORT NEWS VA 23606 990 2018-07-01 546074532 VIRGINIA STATE UNIVERSITY FOUNDATION VIRG 8045245215 PO BOX 9027 PETERSBURG VA 23806 BEVERLY EVERSON-JONES CHAIR 8045245215 2020-04-15 1 LESLIE ROBERTS P00040492 7578731033 2020-04-15 206.248.228.130 2020-04-15 13:37:45 ED P D0156BD46B4B1FE921C9503B1D7FFBF99E37DBAB BC41550CDE3D607E5022EB101A77F4047BABF2E9 2018 2020-09-23 17:36:50Z X BEVERLY EVERSON-JONES PO BOX 9027 PETERSBURG VA 23806 6305511 0 X FOUNDATION.VSU.EDU X FOUNDATION 1968 VA TO SUPPORT THE MISSION OF VIRGINIA STATE UNIVERSITY BY RECEIVING, MANAGING AND DISTRIBUTING DONATIONS AND CONTRIBUTIONS THAT AID IN THE ENHANCEMENT AND GROWTH OF THE UNIVERSITY. 21 18 1 0 0 0 2459423 1790272 0 0 1350281 510229 0 0 3809704 2300501 709263 875328 0 0 43262 43060 0 0 0 970189 973132 1722714 1891520 2086990 408981 18677642 19549786 93229 172582 18584413 19377204 X TO SUPPORT THE MISSION OF VIRGINIA STATE UNIVERSITY BY RECEIVING, MANAGING AND DISTRIBUTING DONATIONS AND CONTRIBUTIONS THAT AID IN THE ENHANCEMENT AND GROWTH OF THE UNIVERSITY. 0 0 875328 875328 SCHOLARSHIPS AND AWARDS TO STUDENTS. 471 SCHOLARSHIPS WERE AWARDED DURING THE YEAR. 410216 PROGRAM SUPPORT SERVICES 218564 SUPPORT OF ATHLETIC PROGRAMS 152603 ALUMNI AFFAIRS, BAND SUPPORT, ACADEMIC SUPPORT, AND VARIOUS MISSION SUPPORT PROGRAMS. 152603 1656711 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 45 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 18 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X VSU FOUNDATION 8045245215 1 HAYDEN DRIVE PO BOX 9027 PETERSBURG VA 23806 BEVERLY EVERSON-JONES CHAIR 5.00 X X 0 0 0 EMMETT E SMITH JR TRUSTEE 5.00 X 0 0 0 PAUL F GARNER SECRETARY 5.00 X X 0 0 0 SAMUEL R RHUE SR TREASURER 5.00 X X 0 0 0 WILLIS E GAY TRUSTEE 2.00 X 0 0 0 FRANKLIN H JOHNSON JR VSU ALUMNI ASSOCIATION PRE 2.00 X 0 0 0 FRANK JONES TRUSTEE 2.00 X 0 0 0 HARRISON BONNER III TRUSTEE 2.00 X 0 0 0 WILBERT J BRIGGS SR TRUSTEE 2.00 X 0 0 0 BRENDA STITH-FINCH VICE CHAIR 2.00 X X 0 0 0 FRASIER W BRICKHOUSE II TRUSTEE 2.00 X 0 0 0 IRENE F LOGAN TRUSTEE 2.00 X 0 0 0 KEVIN DAVENPORT VSU VP FOR ADMINISTRATIVE 2.00 40.00 X 0 179544 47074 XAVIER RICHARDSON VSU BOARD OF VISITORS 2.00 X 0 0 0 VALERIE A JONES TRUSTEE 2.00 X 0 0 0 WILLIAM E BAILEY TRUSTEE 2.00 X 0 0 0 EARNEST A BAZEMORE TRUSTEE 2.00 X 0 0 0 RESHUNDA MAHONE VSU VP FOR INSTITUTIONAL A 2.00 40.00 X 0 168603 24561 NARDOS E KING TRUSTEE 2.00 X 0 0 0 CLAUDE A WOOD TRUSTEE 2.00 X 0 0 0 MAKOLA M ABDULLAH EX-OFFICIO 2.00 X 0 401818 41145 ROBERT L TURNER JR EXECUTIVE DIRECTOR 40.00 X 40000 0 0 40000 749965 112780 0 0 1 0 0 1790272 1790272 390553 390553 4124686 4005010 119676 119676 119676 2300501 0 0 510229 875328 875328 39810 39810 3250 3250 77370 77370 72925 72925 703 703 20000 20000 2172 2172 16900 16900 PROGRAM SUPPORT 410216 410216 ATHLETIC SUPPORT 218564 218564 TROJAN BAND 66369 66369 TRANSFERS TO VSU 31056 31056 56857 55178 1679 1891520 1656711 234809 0 706258 698032 811356 2046523 103240 121500 27000 27000 27000 16930592 16531413 75672 70634 23524 54684 18677642 19549786 3262 26873 89967 145709 93229 172582 X 460653 539978 5434540 5260079 12689220 13577147 18584413 19377204 18677642 19549786 408981 383810 0 X 0 1 X 0 0 X 1655129 1984467 1968549 2459423 1790272 9857840 1655129 1984467 1968549 2459423 1790272 9857840 9857840 673800 237915 288921 331516 390553 1922705 11780545 0.83680 0.80690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16379830 911567 831755 774349 17348803 16191088 900590 1194341 1906189 16379830 14067602 720239 1594514 191267 16191088 13882235 694365 -314208 194790 14067602 13286694 736623 392812 533894 13882235 0.07410 0.78260 0.14330 0 0 27000 27000 27000 DUE TO RELATED PARTY 145709 145709 X 2684311 383810 383810 2300501 0 2300501 1891520 0 1891520 0 1891520 PART V, LINE 4: THE FOUNDATION INTENDS TO USE THE ENDOWMENT FUNDS TO AID IN THE ENHANCEMENT AND GROWTH OF THE UNIVERSITY. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS A NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL OR STATE INCOME TAXES. 1 SCHOLARSHIPS AWARDED TO STUDENTS OF VIRGINIA STATE UNIVERSITY BASED ON MERRIT AND NEED 471 875328 PART I, LINE 2: GRANTS CONSIST OF SCHOLARSHIPS AWARDED TO STUDENTS OF VIRGINIA STATE UNIVERSITY AND ARE MONITORED BY THE UNIVERSITY. 0 0 0 0 0 0 0 0 0 KEVIN DAVENPORT VSU VP FOR ADMINISTRATIVE 0 179544 0 0 0 0 0 22552 0 24522 0 226618 0 0 RESHUNDA MAHONE VSU VP FOR INSTITUTIONAL A 0 168603 0 0 0 0 0 13281 0 11280 0 193164 0 0 MAKOLA M ABDULLAH EX-OFFICIO 0 401818 0 0 0 0 0 18685 0 22460 0 442963 0 0 FORM 990, PART VI, SECTION A, LINE 2 TWO BOARD MEMBERS, KEVIN DAVENPORT AND RESHUNDA MAHONE, WORK FOR VIRGINIA STATE UNIVERSITY, A RELATED PARTY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S TREASURER AND PRESENTED AT A BOARD OF TRUSTEES' MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE AT ITS BUSINESS OFFICE. GOVERNING DOCUMENTS ARE ALSO AVAILABE ON THE ORGANIZATION'S WEBSITE. VIRGINIA STATE UNIVERSITY 1 HAYDEN DRIVE PETERSBURG VA 23806 546001811 COLLEGE AND UNIVERSITY VA 501(C)(3) LINE 2 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 VIRGINIA STATE UNIVERSITY B 1026315 VIRGINIA STATE UNIVERSITY D 54684 VIRGINIA STATE UNIVERSITY E 145709 VIRGINIA STATE UNIVERSITY P 58000