Virginia Tech Foundation Inc

BLACKSBURG, VA EIN: 54-0721690 Website

VIRGINIA TECH FOUNDATION, INC. (VTF) IS A NONSTOCK CORPORATION ESTABLISHED IN 1948 FOR THE SOLE PURPOSE OF MANAGING VIRGINIA TECH'S ENDOWMENT AND REAL ESTATE PORTFOLIO. VTF EXISTS AND OPERATES AS A SEPARATE, INDEPENDENT ENTITY WITH ITS OFFICERS AND (SEE SCHEDULE O) GOVERNING BOARD MANAGING, INVESTING, AND DISTRIBUTING PRIVATE RESOURCES TO ADVANCE VIRGINIA TECH'S MISSION AND ITS STRATEGIC PROPRIETIES.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$3.0B

+6.7% YoY

Annual Giving

$97.2M

+145.9% YoY

Grant Count

6

+500.0% YoY

Avg Grant Size

$16.2M

-59.0% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$93M$186M$279M$373M20202021202220232024
Metric202420232022
Total Assets$3,036,393,497$2,846,142,047$2,672,087,433
Revenue$293,759,159$222,260,777$317,072,936
Expenses$182,640,214$169,496,379$201,452,391
Qualifying Distributions
Net Investment Income$88,127,578$40,087,191$75,971,891
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$24M$49M$73M$97M1 grants20201 grants20211 grants20221 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

VIRGINIA POLYTECHNIC INS…$44.9MVIRGINIA POLYTECHNIC INS…$31.3MVIRGINIA POLYTECHNIC INS…$20.9MCOMMUNITY UNITED METHODI…$90KAZCMS CARES FOUNDATION$30KFORDHAM UNIVERSITY$10K

Grant Size Distribution

10 grants across all recorded years

2<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M7$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Virginia Tech Foundation Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MR DANIEL WARDFORMER AVP/CIO ENDOWMMENT$1.4MMR DAVID GREENBERGCHIEF INVESMENT OFFICER$921KELIZABETH A MCCLANAHANCHIEF EXECUTIVE OFFICER$670KMS TERRI T MITCHELLASSISTANT SECRETARY (AS OF 0…$269KMS ANNE B KEELERCFO & TREASURER$192KMS TAMMY COSTIGANCONTROLLER$178KMR JAMES FORDDIRECTOR OF IT$171KMS CARRIE WOODRINGDIRECTOR OF REAL ESTATE$151KDR JOHN DOOLEYFORMER CEO; SA VT ATHLETIC DIR$147KMS MARY YOLANDA TRIG…MANAGING DIRECTOR OF PLANNING$146KMS JANET TUCKWILLERSENIOR ASSOCIATE GENERAL COU…$144KMR KENNETH S SMITHCOO (AS 08/2023)$110K

From 2024 filing

NameTitleHoursCompensation
MR CHARLES D PHLEGARBOARD MEMBER-EX OFFICIO2
DR TIMOTHY D SANDSBOARD MEMBER-EX OFFICIO2
DR AMY S SEBRINGBOARD MEMBER-EX OFFICIO2
MS STARLETTE B JOHNSONCHAIR (THRU 09/2023)2
MR WILLIAM N PARKVC (THRU 9/23); CHAIR (AS OF 9/23)2
MS JACQUELINE L ARCHERBOARD MEMBER2
MR OMAR M ASALIBOARD MEMBER2
MR EDWARD H ED BAINEBOARD MEMBER2
MR CHRISTOPHER J BRIGHTMANBOARD MEMBER (THRU 09/2023)2
MR ROBERT BOB BROYDENBOARD MEMBER-EX OFFICIO(AS OF 11/23)2
MS MARGARET L WICKESBOARD MEMBER2
MR DAVID S DAVE COOPER JRBOARD MEMBER (AS OF 09/2023)2
MR KEVIN T CROFTONBOARD MEMBER (THRU 09/2023)2
MS TRACI J DESHAZORBOARD MEMBER2
MR J BENJAMIN BEN DOUGHTIEBOARD MEMBER2
MR GREGORY C GODSEYBOARD MEMBER2
MR DONALD B DON HALLIWILLBOARD MEMBER2
MR CHRIS KIWUSBOARD MEMBER-EX OFFICIO (THRU 11/23)2
MR NATHAN T LAVINKABOARD MEMBER-EX OFFICIO2
MR J RYAN LINGERFELTBOARD MEMBER2
MR STEPHEN T MASONBOARD MEMBER2
MR MICHAEL E MIKE MELOBOARD MEMBER2
MR ROGER H MOOREBOARD MEMBER2
MR MARTY MUSCATELLOBOARD MEMBER2
MS CATHERINE PAPOULIAS-SAKELBOARD MEMBER (AS OF 09/2023)2
MS RENAE C PEARSONBOARD MEMBER (THRU 09/2023)2
MR JAMES G JIM PETRINEBOARD MEMBER2
MR CHRISTOPHER M QUILLENBOARD MEMBER2
MR JAMES A ROSENSTOCK IIIBOARD MEMBER (AS OF 09/2023)2
MS LAILA N ROSSIBOARD MEMBER2
MS HEMA S SANGHANIBOARD MEMBER (AS OF 09/2023)2
MS SHIRISH S SATHAYEBOARD MEMBER2
MR CHRISTOPHER W SHEANBOARD MEMBER2
MS ADELA SKENDERASIBOARD MEMBER (AS OF 09/2023)2
MR JAMES N STRAWBRIDGEBOARD MEMBER2
MR GREGORY C THOMPSONBOARD MEMBER2
MR JOHN T THOMPSONBOARD MEMBER (AS OF 09/2023)2
MR BRUCE W TYLERBOARD MEMBER (AS OF 09/2023)2
MR WILLIAM LAKE WAGNERBOARD MEMBER2
MR RICHARD R WHITT IIIBOARD MEMBER2
MR KENNETH S SMITHCOO (AS 08/2023)38$110,207
ELIZABETH A MCCLANAHANCHIEF EXECUTIVE OFFICER30$669,577
MS TERRI T MITCHELLASSISTANT SECRETARY (AS OF 09/2023)38$269,127
MS ANNE B KEELERCFO & TREASURER38$191,923
MR DAVID GREENBERGCHIEF INVESMENT OFFICER40$921,129
MS TAMMY COSTIGANCONTROLLER40$178,108
MS CARRIE WOODRINGDIRECTOR OF REAL ESTATE40$151,416
MS MARY YOLANDA TRIGIANIMANAGING DIRECTOR OF PLANNING40$145,826
MS JANET TUCKWILLERSENIOR ASSOCIATE GENERAL COUNSEL40$144,336
MR JAMES FORDDIRECTOR OF IT40$170,661
DR JOHN DOOLEYFORMER CEO; SA VT ATHLETIC DIR$146,962
MR DANIEL WARDFORMER AVP/CIO ENDOWMMENT$1,359,544

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

BlackburgBlacksburgBowieBronxCottonwood

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

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