Virginia Student Aid Foundation Inc

CHARLOTTESVILLE, VA EIN: 54-0517188 Website

THE VIRGINIA ATHLETICS FOUNDATION, THROUGH ITS FUND-RAISING EFFORTS, STRIVES TO SUPPORT A PREEMINENT INTERCOLLEGIATE ATHLETICS PROGRAM AT THE UNIVERSITY OF VIRGINIA BY PROVIDING STUDENT-ATHLETES THEOPPORTUNITY TO ACHIEVE ACADEMIC AND ATHLETIC EXCELLENCE.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$184.6M

+8.9% YoY

Annual Giving

$38.4M

-9.8% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$12.8M

-9.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16M$33M$49M$66M20202021202220232024
Metric202420232022
Total Assets$184,583,130$169,536,214$154,972,680
Revenue$50,256,478$59,716,708$45,190,995
Expenses$44,993,376$48,928,927$45,531,068
Qualifying Distributions
Net Investment Income$706,178$533,630$179,649
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$11M$22M$34M$45M3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

THE UNIVERSITY OF VIRGINIA$22.5MTHE UNIVERSITY OF VIRGINIA$10.8MTHE UNIVERSITY OF VIRGINIA$5.0M

Grant Size Distribution

15 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M3$1–5M12$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Virginia Student Aid Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

KEVIN J MILLEREXEC DIRECTOR, SEC/TREAS$494KMICHAEL T KERSEYCHIEF OPERATING OFFICER$213KDONNA G MAHANCHIEF FINANCIAL OFFICER$181KHEATHER L TROUDTSENIOR MAJOR GIFTS OFFICER$175KDREW OSSAKOWSENIOR MAJOR GIFTS OFFICER$145KRYAN P WEIGANDSENIOR DIRECTOR OF DEVELOPMENT$129KJESSIC F ARMISTEADSENIOR DIRECTOR OF DONOR EXP…$118KNICOLE DEUELSENIOR DIRECTOR OF MARKETING…$111K

From 2024 filing

NameTitleHoursCompensation
KEVIN J MILLEREXEC DIRECTOR, SEC/TREAS40$493,617
RACHEL W SHERIDANPRESIDENT1
MARVIN P BUSHVICE PRESIDENT1
MIA MOONEY BASSTRUSTEE1
EDMUND N DURDENTRUSTEE1
W HEYWOOD FRALINTRUSTEE1
MICHAEL S GEISMARTRUSTEE1
MARVIN W GILLIAM JRTRUSTEE1
RALEIGH ANNE GRAYTRUSTEE1
KATHERINE L HEILPERN MDTRUSTEE1
YUSEF D JACKSONTRUSTEE1
LAUREN LACYTRUSTEE1
MARK M LUELLENTRUSTEE1
RICHARD L BOOTHTRUSTEE1
VALERIE CAMILLOTRUSTEE1
DOUG DUENKELTRUSTEE1
FRANKLIN S EDMONDSTRUSTEE1
HERMAN MOORETRUSTEE1
TIM NAUGHTONTRUSTEE1
JULIANA S O'REILLYTRUSTEE1
CRAIG PACKERTRUSTEE1
BARRY L PARKHILLTRUSTEE1
ANDREW PESKINTRUSTEE1
JILL ROYSTERTRUSTEE1
ANNE CARTER SMITHTRUSTEE1
A WELLFORD TABORTRUSTEE1
ASHLEY WIDGERTRUSTEE1
CARLA WILLIAMSTRUSTEE1
DONNA G MAHANCHIEF FINANCIAL OFFICER40$180,839
MICHAEL T KERSEYCHIEF OPERATING OFFICER40$213,194
HEATHER L TROUDTSENIOR MAJOR GIFTS OFFICER40$175,202
DREW OSSAKOWSENIOR MAJOR GIFTS OFFICER40$144,823
RYAN P WEIGANDSENIOR DIRECTOR OF DEVELOPMENT40$128,948
JESSIC F ARMISTEADSENIOR DIRECTOR OF DONOR EXPIRIENCES40$118,030
NICOLE DEUELSENIOR DIRECTOR OF MARKETING AND COMMUNICATIONS40$110,849

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Charlottesville

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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