2018-03-19T11:53:48-05:00 2017-06-30 560747981 DIXON HUGHES GOODMAN LLP 9401 COURTHOUSE ROAD SUITE 301 CHESTERFIELD VA 23832 990 2016-07-01 546074532 VIRGINIA STATE UNIVERSITY FOUNDATION VIRG 8045245215 PO BOX 9027 PETERSBURG VA 23806 Beverly Everson-Jones CHAIR 8045245215 2018-03-12 1 LESLIE F ROBERTS P00040492 8044252600 2018-03-08 4.16.67.16 2018-03-12 13:48:59 ED P 02C8C3F183F5FDB5309CFB0B1C4488420EC65632 3CD412B09983E39150554DEC6362464A9D6A3E5C 2016 2021-01-29 14:40:06Z Beverly Everson-Jones PO BOX 9027 PETERSBURG VA 23806 16930885 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. 23 21 0 0 0 0 1984467 1968549 0 0 329555 1611656 0 0 2314022 3580205 465769 529249 0 0 30000 30000 0 0 0 616034 2044513 1111803 2603762 1202219 976443 15723408 16817828 87819 211766 15635589 16606062 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 529249 529249 SCHOLARSHIPS AND AWARDS TO STUDENTS. 362 SCHOLARSHIPS WERE AWARDED DURING THE YEAR. 485415 SUPPORT OF ATHLETIC PROGRAMS 48366 ALUMNI AFFAIRS 535904 BAND SUPPORT, ACADEMIC SUPPORT, AND VARIOUS MISSION SUPPORT PROGRAMS. 535904 1598934 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 10 0 1 0 0 0 0 0 0 0 0 0 0 0 X 23 21 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X The Organization 8045245215 PO BOX 9027 PETERSBURG VA 23806 BEVERLY EVERSON-JONES CHAIR 5.00 X X 0 0 0 Emmett E Smith Jr VICE CHAIR 5.00 X 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 FRANK JONES TRUSTEE 2.00 X 0 0 0 Willis E GAY TRUSTEE 2.00 X 0 0 0 HarrisON BONNER III TRUSTEE 2.00 X 0 0 0 FRASIER W BRICKHOUSE II TRUSTEE 2.00 X 0 0 0 DANTE D JACKSON TRUSTEE 2.00 X 0 0 0 WILBERT J BRIGGS SR TRUSTEE 2.00 X 0 0 0 Connie W Smith TRUSTEE 2.00 X 0 0 0 CHARLES A BROCKETT TRUSTEE 2.00 X 0 0 0 GEORGE OTEY TRUSTEE 2.00 X 0 0 0 William E Bailey TRUSTEE 2.00 X 0 0 0 HANK COLEMAN TRUSTEE 2.00 X 0 0 0 Valerie A Jones TRUSTEE 2.00 X 0 0 0 Vandy V Jones III TRUSTEE 2.00 X 0 0 0 Nardos E King TRUSTEE 2.00 X 0 0 0 Brenda Stith-Finch TRUSTEE 2.00 X 0 0 0 Franklin H Johnson Jr VSU Alumni Association 2.00 X 0 0 0 RESHUNDA MAHONE VP for Institutional Advancement 2.00 40.00 X 0 61832 8908 Kevin Davenport VP for Administrative & Finance 2.00 40.00 X 0 169866 47690 XAVIER RICHARDSON VSU Board of Visitors 2.00 2.00 X 0 0 0 ROBERT L TURNER JR EXECUTIVE DIRECTOR 40.00 X 30000 0 0 30000 231698 56598 0 0 1 0 0 1968549 1968549 288921 288921 14673415 13350680 1322735 1322735 1322735 3580205 0 0 1611656 529249 529249 30000 30000 78480 78480 83300 83300 5771 5771 40000 40000 2032 2032 15189 15189 BAD DEBT EXPENSE 586855 586855 ATHLETIC SUPPORT 485415 485415 PROGRAM SUPPORT 434620 434620 PRESIDENT'S DISCRETIONA 159988 159988 152863 149650 3213 2603762 1598934 1004828 0 385646 372325 2032225 2470102 27000 27000 27000 12749847 13857522 107735 90878 420955 1 15723408 16817828 3600 8247 84219 203519 87819 211766 X 1480430 911141 3162497 3982020 10992662 11712901 15635589 16606062 15723408 16817828 976443 -5970 0 X 0 1 X 0 0 X 1469851 1357445 1655129 1984467 1968549 8435441 1469851 1357445 1655129 1984467 1968549 8435441 8435441 846905 723700 673800 237915 288921 2771241 11206682 63418 0.75270 0.76360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14067602 720239 1594514 191267 16191088 13882235 694365 -314208 194790 14067602 13286694 736623 392812 533894 13882235 10978540 583852 1996464 272162 13286694 9871317 767656 991036 651469 10978540 0.07390 0.72340 0.20260 0 0 27000 27000 27000 DUE TO RELATED PARTY 203519 203519 X 3574235 -5970 -5970 3580205 0 3580205 2603762 0 2603762 0 2603762 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 362 529249 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 VP for Administrative & Finance 0 169866 0 0 0 0 0 24504 0 23186 0 217556 0 0 Form 990, Part VI, Section A, line 2 ONE OFFICER, ROBERT L TURNER, JR, OF THE FOUNDATION WORKS 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 AVAILABLE ON THE ORGANIZATION'S WEBSITE. VIRGINIA STATE UNIVERSITY 1 HAYDEN DRIVE PETERSBURG VA 23806 546001811 COLLEGE AND UNIVERSITY VA 115 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0