The College Foundation of the University of Virginia logo

The College Foundation of the University of Virginia

Public charity · Grantmaker Charlottesville, VA EIN: 54-2009312 Website

To further the purposes and aspirations of the college and graduate school of arts & sciences at the university of Virginia, by advising and supporting the dean, raising funds and promoting excellence and jeffersonian distinction.

Key facts about The College Foundation of the University of Virginia

In short: The College Foundation of the University of Virginia gave $12.5M across 2 grants in 2025 (avg $6.3M), mostly in Virginia. Source: 2025 IRS Form 990.

EIN
54-2009312
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$12,527,793
Grants made (2025)
2
Average grant
$6,263,897
Median grant
$6,263,897
Total assets
$318,732,750
Primary geography
Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$318.7M

+20.0% YoY

Annual Giving

$12.5M

-8.1% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$6.3M

-8.1% YoY

How The College Foundation of the University of Virginia gives

  • Giving held roughly steady from 2022 to 2025 (−14%). Method

From the foundation's IRS Form 990 filings. Methodology.

About The College Foundation of the University of Virginia

Based on IRS filings

The College Foundation of the University of Virginia is a public charity, based in Charlottesville, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $318.7M in total assets. In 2025, it awarded 2 grants totaling $12.5M. Net investment income was $473K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

Charlottesville

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M2 grants2019 3 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $12.5M (2025) to $16.2M (2021). In 2025 it made 2 grants totaling $12.5M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

University of Virginia: $12.3MUniversity of Virginia$12.3MJefferson Scholars Foundation: $275KJefferson Scholars Foundation$275K

The largest 2025 recipient was University of Virginia ($12.3M). Together the top 2 received $12.5M.

Grant Size Distribution

11 grants across all recorded years

1<$50K$50–100K1$100–250K4$250–500K$500K–1M$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 11 (45%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Virginia Charlottesville, VAStudent and Program Support$12,252,869
Jefferson Scholars Foundation Charlottesville, VASupport for Graduate Students$274,924

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M2019 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$318,732,750$265,557,936$248,245,478
Revenue$46,909,365$23,248,995$22,510,807
Expenses$20,425,397$20,980,963$20,853,745
Net Investment Income$472,609$323,679$213,729

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS January 15, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2022)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2023)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2024)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS November 6, 2025)
  7. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

The College Foundation of the University of Virginia is led by Eugene R. Schutt Jr., Foundation President since 2021 (on filings since 2019); 8 of 59 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Eugene R. Schutt Jr.

    Foundation President

    President & Ex-Officio → Foundation President, 2021

    On filings since 2019

    40 hrs/week

    $110K (2019) → $389K (2025)

  • Mark Luellen

    President's Appointee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kelly Geary

    President of the Benefactors Society Board

    President of the Benefactors Society → President of the Benefactors Society Board, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Elizabeth Johnson Simmons

    Chair of the College Foundation

    Secretary of the College Foundation → Vice Chair of the College Foundation, 2022

    Vice Chair of the College Foundation → Chair of the College Foundation, 2024

    On filings since 2019

    5 hrs/week

    No compensation reported

  • Michael Clarke

    Senior Director of Development

    Senior Director of Development → Senior Director of Development & Principal Gifts, 2021

    Senior Director of Development & Principal Gifts → Senior Director of Development, 2025

    On filings since 2019

    40 hrs/week

    $238K (2019) → $260K (2025)

  • Michael Connors

    Director of Development & P

    Associate Director of Development & Principal Gifts → Director of Development & Principal Gifts, 2024

    Director of Development & Principal Gifts → Director of Development & P, 2025

    On filings since 2021

    40 hrs/week

    $147K (2021) → $170K (2025)

  • Michael J. Guthrie

    Trustee

    Trustee → Elected Trustee, 2021

    Elected Trustee → Trustee, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Alexander J. Sloane

    Trustee

    Elected Trustee → Trustee, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Carey J. Mignerey

    Trustee

    Elected Trustee → Trustee, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Claire Ngo

    Trustee

    Elected Trustee → Trustee, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Conrad A. Persons

    Trustee

    Elected Trustee → Trustee, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Hal W. Reynolds

    Trustee

    Elected Trustee → Trustee, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • John L. Glover III

    Parent Trustee

    Elected Trustee → Trustee, 2022

    Trustee → Parent Trustee, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Michael A. Chinn

    Trustee

    Elected Trustee → Trustee, 2023

    On filings since 2021

    1 hr/week

    No compensation reported

  • Noreen Galaria

    Trustee

    Elected Trustee → Trustee, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Stephen E. Kelly

    Trustee

    Elected Trustee → Trustee, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Basil W. Qunibi

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Brian P. Brown

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Christopher C. Laing

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Elizabeth Nau Stepanian

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • John T. Siegel

    Trustee

    Trustee → Parent Trustee, 2023

    Parent Trustee → Trustee, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Lawrence D. Howell II

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Matthew Charles Wilson

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Matthew D. Fischer

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Michael B. Avon

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Wan-Lae Cochran

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • William R. Singletary

    Parent Trustee

    Trustee → Parent Trustee, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Daphne M. Butler

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • David A. Christopher

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Edmund N. Durden

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Frank M. Hamlin

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Juan Carlos Garcia

    Parent Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Mark D. Brazeal

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Randall T. Mays

    Parent Trustee

    Trustee → Parent Trustee, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Robert S. Fauber

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Sabra Purtill

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Francie Karlen

    Parent Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jo Natauri

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • John Henry Moulton

    Parent Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Justin Staadecker

    Parent Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Maggie Cook

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Matt Fass

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Roanne Daniels

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Sam Shank

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • David Niles

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jeff Paduch

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Nadja Bellan-White

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Alex Fritz

    Associate Vice President F

    Associate Vice President for Development → Associate Vice President F, 2025

    On filings since 2021

    40 hrs/week

    $131K (2021) → $183K (2025)

  • Angela Ross

    Associate Vice President O

    Vice President for Marketing & Communications → Associate Vice President of Marketing & Communications, 2024

    Associate Vice President of Marketing & Communications → Associate Vice President O, 2025

    On filings since 2021

    40 hrs/week

    $125K (2021) → $172K (2025)

  • Annelise Lucas

    Associate Vice President O

    Vice President, Development & Donor Strategy → Associate Vice President of Development Services, 2024

    Associate Vice President of Development Services → Associate Vice President O, 2025

    On filings since 2021

    40 hrs/week

    $129K (2021) → $162K (2025)

  • Cecile B. Harper

    Chief Operating Officer

    On filings since 2021

    40 hrs/week

    $201K (2021) → $296K (2025)

  • Kelli Martin

    Associate Vice President O

    Associate Vice President of Operations → Associate Vice President O, 2025

    On filings since 2022

    40 hrs/week

    $114K (2022) → $167K (2025)

  • Erik R. Hirsch

    Vice Chair of the College Foundation

    Elected Trustee → Trustee, 2022

    Trustee → Vice Chair of the College Foundation, 2024

    On filings since 2019

    3 hrs/week

    No compensation reported

  • John L. Nau III

    Board of Visitors Appointee

    Appointed Trustee & Ex-Officio → Board of Visitors Appointee, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Meredith Bradley Jenkins

    Treasurer of the College Foundation

    Elected Trustee → Trustee, 2022

    Trustee → Treasurer of the College Foundation, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Whitney Andrews Murphy

    Secretary of the College Foundation

    Elected Trustee → Trustee, 2022

    Trustee → Secretary of the College Foundation, 2023

    On filings since 2019

    1 hr/week

    No compensation reported

  • Frank K. Bynum Jr.

    Chair of the Emeritus Society

    On filings since 2021

    1 hr/week

    No compensation reported

  • Miguel P. Maquet-Diafouka

    Immediate Past Chair

    Vice Chair of the College Foundation → Chair of the College Foundation, 2022

    Chair of the College Foundation → Immediate Past Chair, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Christa D. Acampora

    Dean of Arts & Sciences

    On filings since 2023

    10 hrs/week

    No compensation reported

Former officers (63)
  • Former: Jack Edward Kerrigan (2019–2024) — Trustee
  • Former: Lisa Smith (2019–2024) — Past Chair
  • Former: Sheryl Deutsch Ramsay (2019–2024) — Trustee
  • Former: Turner A. M. Bredrup (2019–2024) — Trustee
  • Former: Robert M. Potamkin (2022–2024) — Parent Trustee
  • Former: Frank M. Hamiln (2024) — Trustee
  • Former: Paul K. Kipps (2019–2023) — Vice President of Administration
  • Former: Edward J. Dobbs (2021–2023) — Trustee
  • Former: John Nottingham (2023) — Senior Director of Development
  • Former: Alec R. Anderson (2019–2022) — Trustee
  • Former: Beverly B. Mills (2019–2022) — Trustee
  • Former: Eugene Edward Mathews III (2019–2022) — Trustee
  • Former: Mark Pirrung (2019–2022) — Trustee
  • Former: Scott Jaeckel (2019–2022) — Trustee
  • Former: Susan Tolleson Gowen (2019–2022) — Trustee
  • Former: Anastasia Kehoe (2021–2022) — Trustee
  • Former: Paul M. Bruckmann (2021–2022) — Chair of the Benefactors Society Board
  • Former: David Hill (2022) — Interim Dean of Arts & Sciences
  • Former: Mike A. Chin (2022) — Secretary
  • Former: Barry G. Williams (2019–2021) — Elected Trustee
  • Former: Clayton F. Jackson (2019–2021) — Chair of the Development Committee
  • Former: Daniel J. Doherty (2019–2021) — Parent Trustee
  • Former: Frank M. Conner III (2019–2021) — Elected Trustee
  • Former: Ian B. Baucom (2019–2021) — Dean of Arts & Sciences
  • Former: Jennifer L. Gwilliam (2019–2021) — Elected Trustee
  • Former: John D. Epps (2019–2021) — Elected Trustee
  • Former: Jordon L. Kruse (2019–2021) — Elected Trustee
  • Former: Pamela J. Norley (2019–2021) — Elected Trustee
  • Former: Peter M. Page Jr. (2019–2021) — Elected Trustee
  • Former: Radford W. Klotz (2019–2021) — Elected Trustee
  • Former: W. L. Lyons Brown III (2019–2021) — Immediate Past Chair of the College Foundation
  • Former: Anastasia C. Siepman (2021) — Parent Trustee
  • Former: John K. Saer Jr. (2021) — Parent Trustee
  • Former: Alexandra S. Garrett (2019) — Student Representative
  • Former: Allison Egidi - Associate (2019) — Vice President of Development
  • Former: Annelise Lucas - Associate (2019) — Vice President of Devlpmnt. Services
  • Former: Blair P. Labatt (2019) — Trustee
  • Former: Cameron N. Haddad (2019) — Student Representative
  • Former: Daniel R. Abramson (2019) — Immediate Past Chairman
  • Former: Elizabeth Blaine (2019) — Senior Director of Development
  • Former: Jake Perez (2019) — Chief Marketing Officer
  • Former: James A. Conroy (2019) — Trustee
  • Former: Jeffrey D. Nuechterlein (2019) — Ex-Officio Trustee
  • Former: John Jeffries (2019) — Appointed Trustee & Ex-Officio
  • Former: Joseph A. Schlim (2019) — Trustee
  • Former: Juliet P. Tammenoms Bakker (2019) — Trustee
  • Former: Kurt B. Harrison (2019) — Ex-Officio Trustee
  • Former: Lara Jabbour (2019) — Student Representative
  • Former: Lauren M. Driscoll (2019) — Trustee
  • Former: Mary Kate Cary (2019) — Former Vice Chairman
  • Former: Michael P. Maquet (2019) — Trustee
  • Former: Nancy R. Wall (2019) — Trustee
  • Former: Omar Metwally (2019) — Student Representative
  • Former: Patricia D. Odrich (2019) — Trustee
  • Former: Peter M. Grant (2019) — Trustee
  • Former: Ramin Arani (2019) — Trustee
  • Former: Ransom C. Lummis (2019) — Trustee
  • Former: Richard M. Berkeley (2019) — Trustee
  • Former: Sydney Kate Bradley (2019) — Student Representative
  • Former: Thomas F. Farrell II (2019) — Trustee
  • Former: Victoria Dux Harker (2019) — Trustee
  • Former: W. Preston Baldwin (2019) — Chairman & Development Committee
  • Former: W. Russell Ramsey (2019) — Trustee

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Eugene R Schutt Jr — Foundation President: $389KEugene R Schutt JrFoundation President$389KCecile B Harper — Chief Operating Officer: $296KCecile B HarperChief Operating Officer$296KMichael Clarke — Senior Director of Develop: $260KMichael ClarkeSenior Director of Develop$260KAlex Fritz — Associate Vice President F: $183KAlex FritzAssociate Vice President F$183KAngela Ross — Associate Vice President O: $172KAngela RossAssociate Vice President O$172KMichael Connors — Director of Development, P: $170KMichael ConnorsDirector of Development, P$170KKelli Martin — Associate Vice President O: $167KKelli MartinAssociate Vice President O$167KAnnelise Lucas — Associate Vice President O: $162KAnnelise LucasAssociate Vice President O$162K

The highest reported compensation on the 2025 filing was $389K, to Eugene R Schutt Jr (Foundation President). 8 officers or directors reported compensation on that filing.

Frequently asked questions about The College Foundation of the University of Virginia

How much does The College Foundation of the University of Virginia give each year?

The College Foundation of the University of Virginia gave $12.5M across 2 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $13.6M across 2 grants.

How large is The College Foundation of the University of Virginia?

The College Foundation of the University of Virginia reported $318.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $46.9M.

Where does The College Foundation of the University of Virginia operate?

The College Foundation of the University of Virginia has awarded grants in Virginia.

What is The College Foundation of the University of Virginia's EIN?

The College Foundation of the University of Virginia's EIN (Employer Identification Number) is 54-2009312. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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