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 · View filing
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
About Virginia Student Aid Foundation Inc
Based on IRS filings
Virginia Student Aid Foundation Inc is a nonprofit organization focused on Education, based in CHARLOTTESVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $184.6M in total assets. In 2024, it awarded 3 grants totaling $38.4M. Net investment income was $706K.
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 | $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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 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 |
|---|---|---|---|
| KEVIN J MILLER | EXEC DIRECTOR, SEC/TREAS | 40 | $493,617 |
| RACHEL W SHERIDAN | PRESIDENT | 1 | — |
| MARVIN P BUSH | VICE PRESIDENT | 1 | — |
| MIA MOONEY BASS | TRUSTEE | 1 | — |
| EDMUND N DURDEN | TRUSTEE | 1 | — |
| W HEYWOOD FRALIN | TRUSTEE | 1 | — |
| MICHAEL S GEISMAR | TRUSTEE | 1 | — |
| MARVIN W GILLIAM JR | TRUSTEE | 1 | — |
| RALEIGH ANNE GRAY | TRUSTEE | 1 | — |
| KATHERINE L HEILPERN MD | TRUSTEE | 1 | — |
| YUSEF D JACKSON | TRUSTEE | 1 | — |
| LAUREN LACY | TRUSTEE | 1 | — |
| MARK M LUELLEN | TRUSTEE | 1 | — |
| RICHARD L BOOTH | TRUSTEE | 1 | — |
| VALERIE CAMILLO | TRUSTEE | 1 | — |
| DOUG DUENKEL | TRUSTEE | 1 | — |
| FRANKLIN S EDMONDS | TRUSTEE | 1 | — |
| HERMAN MOORE | TRUSTEE | 1 | — |
| TIM NAUGHTON | TRUSTEE | 1 | — |
| JULIANA S O'REILLY | TRUSTEE | 1 | — |
| CRAIG PACKER | TRUSTEE | 1 | — |
| BARRY L PARKHILL | TRUSTEE | 1 | — |
| ANDREW PESKIN | TRUSTEE | 1 | — |
| JILL ROYSTER | TRUSTEE | 1 | — |
| ANNE CARTER SMITH | TRUSTEE | 1 | — |
| A WELLFORD TABOR | TRUSTEE | 1 | — |
| ASHLEY WIDGER | TRUSTEE | 1 | — |
| CARLA WILLIAMS | TRUSTEE | 1 | — |
| DONNA G MAHAN | CHIEF FINANCIAL OFFICER | 40 | $180,839 |
| MICHAEL T KERSEY | CHIEF OPERATING OFFICER | 40 | $213,194 |
| HEATHER L TROUDT | SENIOR MAJOR GIFTS OFFICER | 40 | $175,202 |
| DREW OSSAKOW | SENIOR MAJOR GIFTS OFFICER | 40 | $144,823 |
| RYAN P WEIGAND | SENIOR DIRECTOR OF DEVELOPMENT | 40 | $128,948 |
| JESSIC F ARMISTEAD | SENIOR DIRECTOR OF DONOR EXPIRIENCES | 40 | $118,030 |
| NICOLE DEUEL | SENIOR DIRECTOR OF MARKETING AND COMMUNICATIONS | 40 | $110,849 |
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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