2018-11-15T08:35:18-06:00 2018-06-30 560747981 DIXON HUGHES GOODMAN LLP 901 EAST CARY STREET SUITE 1000 RICHMOND VA 23219 990 2017-07-01 540505966 VMI FOUNDATION INC VMIF 5404647383 PO BOX 932 LEXINGTON VA 24450 MR DAVID L PRASNICKI TREASURER 5404647383 2018-11-14 1 JOSEPH S NADDER III P01240960 8042827636 2018-11-14 173.53.103.85 2018-11-14 06:32:26 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3CD412B09983E39150554DEC6362464A9D6A3E5C 2017 2019-02-21 02:37:17Z MR DAVID L PRASNICKI PO BOX 932 LEXINGTON VA 24450 24023675 0 X WWW.VMIAA.ORG X 1937 VA TO SUPPORT THE VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED SCHOOL. 29 29 90 0 -452399 -664027 42856461 19310649 0 0 2634582 3450123 930091 1262903 46421134 24023675 12878551 13386680 0 0 3067285 3084516 0 0 2836508 3780801 4214176 19726637 20685372 26694497 3338303 369547108 397361347 5915659 5733719 363631449 391627628 X FOR THE ADVANCEMENT, PROMOTION, ENCOURAGEMENT, WELFARE AND PROGRESS OF VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED COLLEGE, AND ADVANCEMENT, WELFARE AND PROGRESS OF THE VMI ALUMNI ASSOCIATION, WHO ALSO SUPPORTS VMI IN CONJUNCTION WITH ALUMNI RELATIONS TO FURTHER SUPPORT. 0 0 14108594 13386680 FUNDS RAISED BY THE FOUNDATION ARE USED FOR PROVIDING SCHOLARSHIPS AND OTHER ACADEMIC AND ATHLETIC PROGRAM SUPPORT TO THE VIRGINIA MILITARY INSTITUTE AND ITS RELATED ALUMNI ASSOCIATIONS. 14108594 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 25 0 1 90 1 1 1 0 0 0 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 VA X VMI FOUNDATION INC 5404647383 PO BOX 932 LEXINGTON VA 24450 JOHN D ADAMS BOARD MEMBER 2.00 X 0 0 0 T BRYAN BARTON PRESIDENT 2.00 7.00 X X 0 0 0 THOMAS M BOYD BOARD MEMBER 2.00 X 0 0 0 DR CHARLES F BRYAN JR BOARD MEMBER 2.00 X 0 0 0 ELIZABETH D CAMP BOARD MEMBER 2.00 X 0 0 0 ALEXANDER M EARLE JR BOARD MEMBER 2.00 X 0 0 0 RICHARD W FLOWERS BOARD MEMBER 2.00 X 0 0 0 CDR PAUL E GALANTI USN BOARD MEMBER 2.00 X 0 0 0 DR M DAVID GIBBONS BOARD MEMBER 2.00 X 0 0 0 STEPHEN M GODDARD BOARD MEMBER 2.00 X 0 0 0 THOMAS S GREENSPON BOARD MEMBER 2.00 X 0 0 0 LT GEN RICHARD A HACK BOARD MEMBER 2.00 X 0 0 0 STEPHEN E HUPP VICE PRESIDENT OF ADMINISTRATION 2.00 5.00 X X 0 0 0 KERRY D KIRK BOARD MEMBER 2.00 X 0 0 0 BROOKE H PENDLETON BOARD MEMBER 2.00 X 0 0 0 COLONEL GEORGE PIEGARI BOARD MEMBER 2.00 X 0 0 0 KURT A POLK BOARD MEMBER 2.00 X 0 0 0 W GREGORY ROBERTSON BOARD MEMBER 2.00 X 0 0 0 ERNESTO V SAMPSON JR BOARD MEMBER 2.00 X 0 0 0 GARY J TAYLOR BOARD MEMBER 2.00 X 0 0 0 WILLIAM E WELSH BOARD MEMBER 2.00 X 0 0 0 TW WILLIAMSON JR BOARD MEMBER 2.00 X 0 0 0 ELISE G WOODWORTH BOARD MEMBER 2.00 X 0 0 0 THOMAS H ZARGES VICE PRESIDENT OF DEVELOPMENT 2.00 X X 0 0 0 LT COLONEL CHARLES L TOOMEY BOARD MEMBER 2.00 X 0 0 0 LT CDR BREE A GUITERMAN BOARD MEMBER 2.00 X 0 0 0 DARYL L DEKE BOARD MEMBER 2.00 X 0 0 0 KIMBER L LATSHA BOARD MEMBER 2.00 X 0 0 0 STERLING T SWEENEY BOARD MEMBER 2.00 X 0 0 0 STEPHEN MACONI CEO, VMI ALUMNI AGENCIES 40.00 X 193894 0 5377 WARREN J BRYAN CHIEF EXECUTIVE OFFICER 40.00 X 173351 0 3145 DAVID L PRASNICKI TREASURER 40.00 6.00 X 173859 0 9199 CRISSY S ELLIOTT ASST. SECRETARY/TREASURER 40.00 2.00 X 123637 0 7864 AMY S REID CORPORATE SECRETARY 40.00 X 42685 0 5321 THERESA I CONRAD VICE PRESIDENT 40.00 2.00 X 116535 0 505 JOHN J WRANEK III DIRECTOR OF ANNUAL GIVING 40.00 X 87981 0 6611 911942 0 38022 5 0 1 0 BNY MELLON NA 225 LIBERTY STREET NEW YORK NY 10286 INVESTMENT MANAGEMENT 2701718 MCGUIRE WOODS LLP 901 EAST CARY ST RICHMOND VA 232194030 CONSULTING 137536 2 23265 19287384 1618815 19310649 3450123 -452399 3902522 ADMINISTRATIVE FEES 900099 1262903 1262903 1262903 24023675 0 -452399 5165425 13386680 13386680 1169299 233860 292325 643114 1348873 269775 202331 876767 114225 22845 17134 74246 291906 58381 43786 189739 160213 32043 24032 104138 1993 1993 31582 6316 9475 15791 35406 35406 2701718 2701718 57750 5775 51975 564400 72279 189332 302789 11409 4883 4746 1780 113224 22645 90579 33498 16749 16749 57053 57053 39260 19630 19630 FUNDRAISING & CAMPAIGN 447474 447474 MISCELLANEOUS 83801 83801 DUES & SUBSCRIPTIONS 26093 11387 14706 SPECIAL FUNCTIONS 9515 1902 952 6661 20685372 14108594 3740270 2836508 18237871 16590603 26895450 12014792 2497655 2439617 223732 106672 1056263 746441 230372 309822 299923742 359089789 21538286 6810052 369547108 397361347 778777 519386 5136882 5214333 5915659 5733719 X 57835129 62397265 159430229 171536560 146366091 157693803 363631449 391627628 369547108 397361347 X 3338303 25155329 -497453 X X 0 1 X 1 0 X 14207294 22549319 14992097 42856461 19310649 113915820 14207294 22549319 14992097 42856461 19310649 113915820 33605141 80310679 767135 1860884 2016305 2634582 3450123 10729029 913185 900695 863950 930091 1262903 4870824 129515673 0.62010 0.62100 X 183372515 12161776 15615013 5770719 3585249 201793336 153378117 18540355 19675738 5221280 3000415 183372515 157683769 6526129 -2419913 5510470 2901398 153378117 150295519 10464742 5120989 5285189 2912292 157683769 131771763 6494530 20888988 5130138 3729624 150295519 0.77690 0.22310 0 1 1 144500 71447 73053 911763 674994 236769 309822 SECURITIES - POOLED FUND 342067109 F OTHER INVESTMENTS 17022680 F 359089789 LIABILITIES UNDER CHARITABLE GIFT ANNUITIES 5214333 5214333 X PART V, LINE 4: THE INTENDED USE OF THE ENDOWMENT FUNDS IS TO SUPPORT THE VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED SCHOOL AND VMI ALUMNI ASSOCIATION TO EXPAND SUPPORT FROM ALUMNI FOR VMI. 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. IN ADDITION, THE ORGANIZATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE INTERNAL REVENUE CODE. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENTS 20881384 0 0 0 0 0 0 20881384 0 20881384 1 0 0 1 1 0 1 VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 1486278 UNDESIGNATED AID VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 4398388 SCHOLARSHIPS VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 1655946 JACKSON HOPE VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 573400 PROFESSIONAL CHAIRS VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 287320 ACADEMIC SUPPORT VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 39890 INTERCOLLEGIATE ATHLETICS VMI ALUMNI ASSOCIATION PO BOX 932 LEXINGTON VA 24450 540515753 501(C)(3) 1436050 ADMINISTRATIVE SUPPORT VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 28800 FACULTY AWARDS VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 1652558 INSTRUCTION VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 5790 STUDENT SERVICES VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 108361 INSURANCE PREMIUMS VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 37100 CADET AWARDS VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 605566 PUBLIC SUPPORT VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 42630 LIBRARY VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 85695 TRUST DISTRIBUTIONS VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 227342 PHYSICAL PLANT VIRGINIA MILITARY INSTITUTE PO BOX 932 LEXINGTON VA 24450 546001803 115 715566 OTHER 2 PART I, LINE 2: VMI FOUNDATION, INC. AWARDS ASSISTANCE ONLY TO VIRGINIA MILITARY INSTITUTE, A STATE-SUPPORTED SCHOOL AND RELATED AGENCIES. FUNDS AWARDED ARE BASED ON THE INSTITUTE'S NEED AND REQUEST FOR FUNDS. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 STEPHEN MACONI CEO, VMI ALUMNI AGENCIES 182123 0 0 0 11771 0 5000 0 377 0 199271 0 0 0 WARREN J BRYAN CHIEF EXECUTIVE OFFICER 161867 0 5500 0 5984 0 0 0 3145 0 176496 0 0 0 DAVID L PRASNICKI TREASURER 162002 0 6741 0 5116 0 7200 0 1999 0 183058 0 0 0 PART I, LINE 1A TRAVEL EXPENSES FOR COMPANANIONS ARE REIMBURSED TO THE ORGANIZATION. HEALTH AND SOCIAL CLUB DUES ARE REIMBURSED ONLY TO THE CEO BASED ON CONTRACTUAL OBLIGATIONS. PART I, LINE 3 THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT REVIEWS ALL SALARIES. COMPARATIVE DATA IS SUPPLIED FOR ALL POSITIONS. X 62 1618815 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS FILING, A PUBLIC DISCLOSURE COPY OF THE FORM 990 WAS DISTRIBUTED TO AND REVIEWED BY THE BOARD MEMBERS DURING A SCHEDULED MEETING. SINCE A COMPLETE COPY OF THE FORM 990 WAS NOT PROVIDED TO THE BOARD, THE FOUNDATION HAS ANSWERED NO TO FORM 990, PART VI, QUESTION 11A. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENTS ARE COMPLETED BY ALL BOARD MEMBERS. ADDITIONALLY, A CONFLICT OF INTEREST POLICY WHICH GOVERNS ALL BOARD MEMBERS IS IN PLACE AND REVIEWED AND UPDATED ANNUALLY FOR EXISTING AND NEW BOARD MEMBERS. IF A CONFLICT BETWEEN THE ORGANIZATION AND A BOARD MEMBER ARISES, THAT BOARD MEMBER RECUSES HIMSELF FROM VOTING OR OTHERWISE INFLUENCING POLICY ON THAT MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS A COMPENSATION COMMITTEE THAT REVIEWS ALL SALARIES. COMPARATIVE DATA IS SUPPLIED FOR ALL POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE ON ORGANIZATION'S WEBSITE AND ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: ACTUARIAL GAIN ON TRUST & ANNUITY OBLIGATIONS -497,453. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE IN PLACE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED AT A SCHEDULED MEETING EACH YEAR. VMI INVESTMENT HOLDINGS LLC 304 LETCHER AVENUE LEXINGTON VA 24450 261795327 ACQUIRE, HOLD AND DISPOSE OF INVESTMENTS, TO INCLUDE AFFILIATED NFP ENTITIES VA 3231397 342067109 VMI FOUNDATION INC VMI ALUMNI AGENCIES BOARD INC PO BOX 932 LEXINGTON VA 24450 541429093 RECEIVE AND MANAGE ASSETS FOR THE SUPPORT OF VMI VA 501(C)(3) LINE 12B, II 0 VMI KEYDET CLUB INC PO BOX 932 LEXINGTON VA 24450 521300039 SUPPORT INTERCOLLEGIATE ATHLETIC PROGRAMS AT VMI VA 501(C)(3) LINE 7 0 VMI ALUMNI ASSOCIATION INC PO BOX 932 LEXINGTON VA 24450 540515753 ORGANIZE ALUMNI INTO ONE ASSOCIATION VA 501(C)(3) LINE 7 0 0 1 1 1 0 0 0 0 0 1 0 1 1 1 1 0 0 1 0