VSUREF IS ORGANIZED AND OPERATED TO AQUIRE, DEVELOP, RECEIVE, MAINTAIN AND MANAGE REAL ESTATE ASSETS THAT FURTHER THE AIMS AND PURPOSES OF VIRGINIA STATE UNIVERSITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.5M
+26.1% YoY
Revenue
$2.8M
-14.8% YoY
Net Investment Income
$57K
+11.3% YoY
Expenses
$1.4M
-45.2% YoY
About Virginia State University Real Estate Foundation
Based on IRS filings
Virginia State University Real Estate Foundation is a nonprofit organization focused on Education, based in PETERSBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.5M in total assets. Net investment income was $57K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $13,508,263 | $10,715,535 | $9,306,796 |
| Revenue | $2,753,120 | $3,230,309 | $4,284,270 |
| Expenses | $1,433,145 | $2,615,879 | $3,920,367 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $57,185 | $51,369 | $11,948 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR MILLARD STITH | PRESIDENT | 0.5 | — |
| AUBREY W FOUNTAIN III | TREASURER | 0.5 | — |
| ALONZO BELL JR | BOARD MEMBER | 0.5 | — |
| REGINIA BARNETT-TYLER | SECRETARY | 0.5 | — |
| DR JOSEPH CHASE | BOV APPOINTED LIAISON | 0.5 | — |
| KEVIN DAVENPORT NON-VOTING | BOARD MEMBER | 0.5 | — |
| JOYCE E HENDERSON | EXECUTIVE DIRECTOR | 30 | $36,000 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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