Vmi Alumni Agencies Board Inc logo

Vmi Alumni Agencies Board Inc

LEXINGTON, VA EIN: 54-1429093 Website

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

1states

States

Cities

Lexington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$19M20212022202320242025
Metric202520242023
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

$0$3M$6M$9M$12M7 grants20214 grants20225 grants20234 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

virginia Military Instit…$2.2M

Grant Size Distribution

21 grants across all recorded years

4<$50K2$50–100K$100–250K4$250–500K7$500K–1M3$1–5M1$5M+

Open Grants

3 open opportunities from Vmi Alumni Agencies Board Inc

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

David L PrasnickiChief Executive Officer$281KCrissy S ElliottChief Financial Officer$183KKevin A RyanFinancial Controller$164KAmy F GoetzChief Communications Officer$136K

From 2025 filing

NameTitleHoursCompensation
Mr Daniel P ThorntonBoard Member5
Mr Ernesto V Sampson JrBoard Member5
Mr Kelly M SweppenhiserBoard Member5
Mr Matthew R HemenezChairman5
Mr Thomas E GottwaldBoard Member5
Mr William C CollierBoard Member5
Mr William L Taliaferro JrBoard Member5
Crissy S ElliottChief Financial Officer40$182,835
David L PrasnickiChief Executive Officer40$280,759
Kevin A RyanFinancial Controller40$163,894
Amy F GoetzChief Communications Officer40$136,192

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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