Vmi Alumni Agencies Board Inc
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.
Vmi Alumni Agencies Board Inc at a glance
In short: Vmi Alumni Agencies Board Inc gave $2.2M across 1 grant in 2025 (avg $2.2M), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,217,934
- +26.2% vs 2024
- Grants made (2025)
- 1
- -75.0% vs 2024
- Average grant
- $2,217,934
- +404.9% vs 2024
- Median grant
- $2,217,934
- Total assets
- $111,684,682
- +7.8% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Vmi Alumni Agencies Board Inc
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
Deadline not published
Coach Ike Sherlock and Jesse Waltz '85 Scholarship
Vmi Alumni Agencies Board Inc
Amount
Varies
Deadline
Deadline not published
Peay Merit Scholarship
Vmi Alumni Agencies Board Inc
Amount
Full tuition, room, board, and fees
Deadline
Deadline not published
Who Vmi Alumni Agencies Board Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was virginia Military Institute ($2.2M).
Grant Size Distribution
21 grants across all recorded years
The most common grant size was in the $500K–1M range: 7 grants of 21 (33%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Vmi Alumni Agencies Board Inc gives
- Giving held roughly steady from 2022 to 2025 (+12%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $1.8M (2024) to $12.1M (2023). In 2025 it made 1 grant totaling $2.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| virginia Military Institute Lexington, VA | Various Program Services | $2,217,934 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $111,684,682 | $5,535,814 | $6,834,405 | $2,217,934 | 1 | $1,349,516 |
| 2024 | $103,560,005 | $5,457,565 | $6,124,475 | $1,757,079 | 4 | $1,741,552 |
| 2023 | $94,289,341 | $5,519,621 | $16,878,080 | $12,148,657 | 5 | $1,784,722 |
| 2022 | $87,634,014 | $10,873,805 | $6,673,465 | $1,975,498 | 4 | $843,085 |
| 2021 | $91,066,431 | $5,217,814 | $9,865,565 | $5,476,194 | 7 | $1,121,192 |
About Vmi Alumni Agencies Board Inc
Based on IRS filings
Vmi Alumni Agencies Board Inc is a public charity 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 grant totaling $2.2M. Net investment income was $1.3M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Vmi Alumni Agencies Board Inc is led by David L Prasnicki, Chief Executive Officer since 2022 (on filings since 2021); 4 of 11 officers listed in 2025 are compensated.
Officers on the 2025 filing
David L Prasnicki
Chief Executive Officer
Chief Financial Officer → Chief Executive Officer, 2022
On filings since 2021
40 hrs/week
$208K (2021) → $281K (2025)
Matthew R Hemenez
Chairman
Board Member → Chairman, 2025
On filings since 2023
5 hrs/week
No compensation reported
Amy F Goetz
Chief Communications Officer
On filings since 2021
40 hrs/week
$107K (2021) → $136K (2025)
Crissy S Elliott
Chief Financial Officer
Financial Controller → Chief Financial Officer, 2022
On filings since 2021
40 hrs/week
$153K (2021) → $183K (2025)
Kevin A Ryan
Financial Controller
On filings since 2024
40 hrs/week
$90K (2024) → $164K (2025)
Daniel P Thornton
Board Member
Board Member → Chairman, 2024
Chairman → Board Member, 2025
On filings since 2021
5 hrs/week
No compensation reported
Ernesto V Sampson Jr.
Board Member
On filings since 2023
5 hrs/week
No compensation reported
William L Taliaferro Jr.
Board Member
On filings since 2024
5 hrs/week
No compensation reported
Kelly M Sweppenhiser
Board Member
New on the 2025 filing
5 hrs/week
No compensation reported
Thomas E Gottwald
Board Member
New on the 2025 filing
5 hrs/week
No compensation reported
William C Collier
Board Member
New on the 2025 filing
5 hrs/week
No compensation reported
Former officers (12)
- Former: Anthony U. Moore (2021–2024) — Board Member
- Former: Hugh M. Fain III (2023–2024) — Board Member
- Former: Andre W. Thornton (2024) — Board Member
- Former: Gregory M. Cavallaro (2021–2023) — Senior Major Gift Officer
- Former: Thomas Henry Zarges (2021–2023) — Board Member
- Former: Bland Massie Jr. (2022–2023) — Board Member
- Former: Samuel N. Stocks (2021–2022) — Board Member
- Former: Stephen M. Maconi (2021–2022) — CEO
- Former: Thomas R. Watjen (2021–2022) — Board Member
- Former: John D. Adams (2022) — Board Member
- Former: Gerald J. Acuff Jr. (2021) — Board Member
- Former: Stephen E. Hupp (2021) — Board Member
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $281K, to David L Prasnicki (Chief Executive Officer). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Vmi Alumni Agencies Board Inc
How much does Vmi Alumni Agencies Board Inc give each year?
Vmi Alumni Agencies Board Inc gave $2.2M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.8M across 4 grants.
How large is Vmi Alumni Agencies Board Inc?
Vmi Alumni Agencies Board Inc reported $111.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $5.5M.
What is Vmi Alumni Agencies Board Inc?
Vmi Alumni Agencies Board Inc is a public charity focused on Education, based in Lexington, VA. It holds $111.7M in total assets as of 2025.
Where does Vmi Alumni Agencies Board Inc operate?
Vmi Alumni Agencies Board Inc has awarded grants in Virginia.
What is Vmi Alumni Agencies Board Inc's EIN?
Vmi Alumni Agencies Board Inc's EIN (Employer Identification Number) is 54-1429093. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 14, 2025)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
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