2017-05-15T17:33:06-05:00 2016-06-30 560747981 DIXON HUGHES GOODMAN LLP 3700 FESTIVAL PARK PLAZA CHESTER VA 23831 990 2015-07-01 546074532 VIRGINIA STATE UNIVERSITY FOUNDATION VIRG 8045245215 PO BOX 9027 PETERSBURG VA 23806 FRANK JONES CHAIRMAN 8045245215 2017-05-15 1 LESLIE ROBERTS P00040492 8044252600 2015 2021-01-29 14:40:06Z FRANK JONES PO BOX 9027 PETERSBURG VA 23806 6595863 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. 24 22 0 0 0 0 1655129 1984467 0 0 672800 329555 0 0 2327929 2314022 704188 465769 0 0 20000 30000 0 0 0 1283794 616034 2007982 1111803 319947 1202219 15156726 15723408 99457 87819 15057269 15635589 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 462904 462904 SCHOLARSHIPS AND AWARDS TO STUDENTS. 479 SCHOLARSHIPS WERE AWARDED DURING THE YEAR. 182301 SUPPORT OF ATHLETIC PROGRAMS 35715 ALUMNI AFFAIRS 192815 2865 BAND SUPPORT, ACADEMIC SUPPORT, AND VARIOUS MISSION SUPPORT PROGRAMS. 192815 2865 873735 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 16 0 1 0 0 0 0 0 0 0 0 0 0 0 X 24 22 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 FRANK JONES CHAIRMAN 5.00 X X 0 0 0 WILLIS E GAY VICE CHAIR 5.00 X X 0 0 0 HARRISON BONNER III SECRETARY 5.00 X X 0 0 0 SAMUEL R RHUE SR TREASURER 5.00 X X 0 0 0 FRASIER W BRICKHOUSE II TRUSTEE 2.00 X 0 0 0 BEVERLY EVERSON-JONES 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 PAUL F GARNER TRUSTEE 2.00 X 0 0 0 EMMETT E SMITH JR TRUSTEE 2.00 X 0 0 0 VALERIE A JONES TRUSTEE 2.00 X 0 0 0 VANDY V JONES TRUSTEE 2.00 X 0 0 0 NARDOS E KING TRUSTEE 2.00 X 0 0 0 JAMES W SANDERS TRUSTEE 2.00 X 0 0 0 BRENDA STITH-FINCH TRUSTEE 2.00 X 0 0 0 FRANKLIN JOHNSON VSU ALUMNI ASSOCIATION 2.00 X 0 0 0 GARVIN MAFFETT VP FOR INSTITUTIONAL ADVANCEMENT 2.00 40.00 X 0 25258 3305 KEVIN DAVENPORT VP FOR ADMINISTRATIVE & FINANCE 2.00 40.00 X 0 133127 17368 JENNIFER HUNTER VSU BOARD OF VISITORS 2.00 2.00 X 0 0 0 ROBERT L TURNER JR EXECUTIVE DIRECTOR 40.00 X 42000 0 0 42000 158385 20673 0 0 1 0 0 10 1984457 1984467 237915 237915 4373481 4281841 91640 91640 91640 0 10 0 0 2314022 0 0 329555 2865 2865 462904 462904 30000 30000 70091 70091 73481 73481 6126 6126 40000 40000 14634 14634 ATHLETIC SUPPORT 182301 182301 PROGRAM SUPPORT 123815 123815 ALUMNI AFFAIRS 35715 35715 AGRICULTURAL ALUMNI 28064 28064 41807 38071 3736 1111803 873735 238068 0 57970 385646 2289957 2032225 27000 27000 27000 12305322 12749847 150622 107735 325855 420955 15156726 15723408 13169 3600 86288 84219 99457 87819 X 1532585 1480430 3226387 3162497 10298297 10992662 15057269 15635589 15156726 15723408 1202219 -623899 0 X 0 1 X 0 0 X 1727657 1469851 1357445 1655129 1984467 8194549 1727657 1469851 1357445 1655129 1984467 8194549 8194549 54589 846905 723700 673800 237915 2536909 10731458 63418 0.76360 0.74810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13882235 694365 -314208 194790 13882235 13286694 736623 392812 533894 13882235 10978540 583852 1996464 272162 13286694 9871317 767656 991036 651469 10978540 9056136 743991 -182755 -253945 9871317 0.08000 0.78000 0.14000 0 0 27000 27000 27000 DUE TO RELATED PARTY 84219 84219 X 1690123 -623899 -623899 2314022 0 2314022 1111803 0 1111803 0 1111803 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 479 462904 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 133127 0 0 0 0 0 26434 0 0 0 159561 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 11 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 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0