2013-09-23T15:52:27-05:00 2013-06-30 560747981 DIXON HUGHES GOODMAN LLP 3700 FESTIVAL PARK PLAZA CHESTER VA 238314415 990 2012-07-01 546074532 VIRGINIA STATE UNIVERSITY FOUNDATION VIRG 8045245215 PO BOX 9027 PETERSBURG VA 23806 FRANK JONES 8045245215 2013-09-10 1 LESLIE ROBERTS P00040492 8044252600 2012 2016-02-24 21:20:13Z FRANK JONES PO BOX 9027 PETERSBURG VA 23806 2333006 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. 24 24 0 0 0 0 1727657 1469851 0 16250 54589 846905 0 0 1782246 2333006 167506 192115 0 0 20000 20000 0 0 0 1076489 793194 1263995 1005309 518251 1327697 11358684 12834525 36811 57099 11321873 12777426 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 192115 192115 SCHOLARSHIPS AND AWARDS TO STUDENTS. 141 SCHOLARSHIPS WERE AWARDED DURING THE YEAR. 127771 SUPPORT OF ATHLETIC PROGRAMS 58533 ALUMNI AFFAIRS 339835 BAND SUPPORT, ACADEMIC SUPPORT AND VARIOUS MISSION SUPPORT PROGAMS 339835 718254 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 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 24 24 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 179774 69752 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 182751 70907 DANTE JACKSON 0.00 X 0 0 0 CONNIE W SMITH 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 HANK COLEMAN 0.00 X 0 0 0 KELLY BUFFALOE TAYLOR 0.00 X 0 0 0 0 362525 140659 0 0 1 0 0 1469851 1469851 SPECIAL EVENTS REVENUE 611310 16250 16250 16250 193611 193611 653294 0 653294 653294 653294 2333006 669544 0 193611 192115 192115 20000 20000 148226 148226 60372 60372 848 848 40000 40000 8392 8392 14370 14370 TRANSFERS TO UNIVERSITY 159605 159605 ATHLETIC SUPPORT 127771 127771 PROGRAM SUPPORT 120431 120431 ALUMNI AFFAIRS 58533 58533 54646 39799 14847 1005309 718254 287055 0 2540164 1742878 643398 444086 56200 56200 56200 8118922 10553828 0 37533 11358684 12834525 22529 17486 14282 39613 36811 57099 X 453687 1168429 2458020 2431175 8410166 9177822 11321873 12777426 11358684 12834525 1327697 127856 0 X 0 1 X 0 0 X 1503139 1150989 2929817 1727657 1469851 8781453 1503139 1150989 2929817 1727657 1469851 8781453 8781453 144417 105664 779346 54589 846905 1930921 10712374 16250 0.81970 0.87090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9871317 767656 991036 651469 10978540 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 39613 39613 X 2460862 127856 127856 2333006 0 2333006 1005309 0 1005309 0 1005309 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE FOUNDATION INTENDS TO USE THE ENDOWMENT FUNDS TO AID IN THE ENHANCEMENT AND GROWTH OF THE UNIVERSITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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. 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, 2010 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. 1 VIRGINIA STATE UNIVERSITY 1 HAYDEN DRIVE PETERSBURG VA 23806 546001811 501C3 127771 FAIR MARKET VALUE SUPPORT OF ATHLETIC PROGRAMS SCHOLARSHIPS AWARDED TO STUDENTS OF VIRGINIA STATE UNIVERSITY BASED ON MERRIT AND NEED 142 192115 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 179774 0 0 0 0 0 0 0 69752 0 249526 0 0 DAVID MEADOWS 0 182751 0 0 0 0 0 0 0 70907 0 253658 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. VIRGINIA STATE UNIVERSITY 1 HAYDEN DRIVE PETERSBURG VA 23806 COLLEGE AND UNIVERSITY VA 501(C)(3) LINE 2 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 VIRGINIA STATE UNIVERSITY K 40000 FAIR MARKET VALUE VIRGINIA STATE UNIVERSITY P 344509 COST VIRGINIA STATE UNIVERSITY B 159605 COST