2013-02-15T12:07:45-06:00 2012-06-30 560747981 DIXON HUGHES GOODMAN LLP 3700 FESTIVAL PARK PLAZA CHESTER VA 238314415 990 2011-07-01 546074532 VIRGINIA STATE UNIVERSITY FOUNDATION VIRG 8045245215 PO BOX 9027 PETERSBURG VA 23806 FRANK JONES 8045245215 2013-02-15 1 LESLIE ROBERTS P00040492 8044252600 2011 2016-03-07 17:11:31Z FRANK JONES PO BOX 9027 PETERSBURG VA 23806 1938442 0 X WWW.VSUFOUNDATION.ORG 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 23 0 0 0 0 2846378 1727657 0 0 779346 54589 0 0 3625724 1782246 194240 167506 0 0 0 20000 0 0 0 491587 1076489 685827 1263995 2939897 518251 11187499 11358684 134285 36811 11053214 11321873 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 167506 167506 SCHOLARSHIPS AND AWARDS TO STUDENTS. 141 SCHOLARSHIPS WERE AWARDED DURING THE YEAR. 36047 SUPPORT OF ATHLETIC PROGRAMS 59002 ALUMNI AFFAIRS 605867 BAND SUPPORT, ACADEMIC SUPPORT AND VARIOUS MISSION SUPPORT PROGAMS 605867 868422 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 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 0.00 X X 0 0 0 ROBERT L TURNER JR 40.00 X X 0 170419 53682 KIMBERLEY MARTIN 0.00 X X 0 0 0 SAMUEL R RHUE 0.00 X X 0 0 0 FRASIER BRICKHOUSE II 0.00 X 0 0 0 WILLIS E GAY 0.00 X 0 0 0 CLEMENTINE S CONE 0.00 X 0 0 0 BEVERLY EVERSON-JONES 0.00 X X 0 0 0 COL WARDELL G BAKER 0.00 X 0 0 0 DAVID MEADOWS 40.00 X 0 162162 51081 DANTE JACKSON 0.00 X 0 0 0 CONNIE W SMITH 0.00 X 0 0 0 ANTHONY J SPENCE 0.00 X 0 0 0 WILBERT J BRIGGS SR 0.00 X 0 0 0 ERNEST E MILLER 0.00 X 0 0 0 COL WILLIAM E BAILEY 0.00 X 0 0 0 DR VALERIE KAY BROWN 0.00 X 0 0 0 CHARLES A BROCKETT 0.00 X 0 0 0 FRANK SMITH 0.00 X 0 0 0 GEORGE OTEY 0.00 X 0 0 0 JAMES B TYSON 0.00 X 0 0 0 C RENEE CHAPLINE 0.00 X 0 0 0 GEORGE K ANAS II 0.00 X 0 0 0 0 332581 104763 0 0 1 0 0 1727657 1727657 210785 210785 156196 -156196 -156196 -156196 1782246 -156196 0 210785 167506 167506 20000 20000 115877 115877 59585 59585 40000 40000 15006 15006 TRANSFERS TO UNIVERSITY 322050 322050 VSU PRESIDENT'S INAUGUR 165039 165039 PROGRAM SUPPORT 161766 161766 DEPARTMENT SUPPORT 77037 77037 120129 120063 66 1263995 868422 395573 0 2555240 2540164 837791 643398 56200 0 56200 7794468 8118922 11187499 11358684 1624 22529 132661 14282 134285 36811 X 943343 453687 2330928 2458020 7778943 8410166 11053214 11321873 11187499 11358684 X 518251 -249592 X 0 0 0 X 1503139 1150989 2929817 1727657 7311602 1503139 1150989 2929817 1727657 7311602 7311602 144417 105664 779346 54589 1084016 8395618 0.87090 0.84430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9056136 743991 -182755 -253945 9871317 6391413 1278125 1342982 -43616 9056136 6629979 -788436 549950 6391493 7449619 694183 -1388951 124872 6629979 0 0 56200 56200 56200 DUE TO RELATED PARTY 14282 14282 1782246 1263995 518251 -249592 -249592 268659 1532654 -249592 -249592 1782246 0 1782246 1263995 0 1263995 0 1263995 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2012. FISCAL YEARS ENDING ON OR AFTER JUNE 30, 2009 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. 1 VIRGINIA STATE UNIVERSITY 1 HAYDEN DRIVE PETERSBURG VA 23806 546001811 501C3 36047 FAIR MARKET VALUE SUPPORT OF ATHLETIC PROGRAMS SCHOLARSHIPS AWARDED TO STUDENTS OF VIRGINIA STATE UNIVERSITY BASED ON MERRIT AND NEED 94 167506 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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 ROBERT L TURNER JR 0 170419 0 0 0 0 0 0 0 0 0 170419 0 0 DAVID MEADOWS 0 162162 0 0 0 0 0 0 0 0 0 162162 0 0 X 1 38663 ASSESSED VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TWO OFFICERS, ROBERT L TURNER, JR AND DAVID MEADOWS, OF THE FOUNDATION WORK 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 ORGANIZATION'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -249,592. VIRGINIA STATE UNIVERSITY 1 HAYDEN DRIVE PETERSBURG VA 23806 COLLEGE AND UNIVERSITY VA 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 VIRGINIA STATE UNIVERSITY J 40000 FAIR MARKET VALUE VIRGINIA STATE UNIVERSITY O 278703 COST VIRGINIA STATE UNIVERSITY Q 322050 COST