THE PURPOSE OF VMI alumni agencies board IS TO SUPPORT VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED SCHOOL, BY COORDINATING DEVELOPMENT AND FUNDRAISING EFFORTS CONDUCTED ON BEHALF OF THE INSTITUTE, PLANNING, ORGANIZING, AND CONDUCTING THE VMI CAMPAIGN.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$111.7M
+7.8% YoY
Annual Giving
$2.2M
+26.2% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$2.2M
+404.9% YoY
About Vmi Alumni Agencies Board Inc
Based on IRS filings
Vmi Alumni Agencies Board Inc is a nonprofit organization focused on Education, based in LEXINGTON, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $111.7M in total assets. In 2025, it awarded 1 grants totaling $2.2M. Net investment income was $1.3M.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $111,684,682 | $103,560,005 | $94,289,341 |
| Revenue | $5,535,814 | $5,457,565 | $5,519,621 |
| Expenses | $6,834,405 | $6,124,475 | $16,878,080 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,349,516 | $1,741,552 | $1,784,722 |
| 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 1 recipients in 2025
Grant Size Distribution
21 grants across all recorded years
Open Grants
3 open opportunities from Vmi Alumni Agencies Board Inc
Braver Angels College Debates and Discourse Program (John Templeton Foundation Grant)
Vmi Alumni Agencies Board Inc
Amount
Two-year research grant (amount not specified)
Deadline
Rolling / Open
Coach Ike Sherlock and Jesse Waltz '85 Scholarship
Vmi Alumni Agencies Board Inc
Amount
Varies
Deadline
Rolling / Open
Peay Merit Scholarship
Vmi Alumni Agencies Board Inc
Amount
Full tuition, room, board, and fees
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Mr Daniel P Thornton | Board Member | 5 | — |
| Mr Ernesto V Sampson Jr | Board Member | 5 | — |
| Mr Kelly M Sweppenhiser | Board Member | 5 | — |
| Mr Matthew R Hemenez | Chairman | 5 | — |
| Mr Thomas E Gottwald | Board Member | 5 | — |
| Mr William C Collier | Board Member | 5 | — |
| Mr William L Taliaferro Jr | Board Member | 5 | — |
| Crissy S Elliott | Chief Financial Officer | 40 | $182,835 |
| David L Prasnicki | Chief Executive Officer | 40 | $280,759 |
| Kevin A Ryan | Financial Controller | 40 | $163,894 |
| Amy F Goetz | Chief Communications Officer | 40 | $136,192 |
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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