NonprofitsVirginia State University Foundation

Education

Virginia State University Foundation

PETERSBURG, VA

Total revenue

$4.6M

Total expenses

$3.4M

Net assets

$33.2M

Grants received

$3.5M

105 grants

EIN

546074532

Tax year

2023

Mission

To support the mission of virginia state university by receiving, managing and distributing donations and contributions that aid in the enhancement and growth of the university.

Programs

3 programs

Program support services

Expenses: $1.9M

Support of athletic programs

Expenses: $136K

Band support, academic support, and various mission support programs.

Expenses: $10K

Financials

FY 2023

Revenue

Contributions & grants$3.5M
Program service revenue
Investment income$1.2M
Other revenue
Total revenue$4.6M

Expenses

Grants paid$913K
Salaries & benefits$233K
Fundraising$40K
Other expenses$2.3M
Total expenses$3.4M
Total assets$39.5M
Net assets$33.2M

People

23 listed

NameRoleCompensation

ROBERT L TURNER JR

EXECUTIVE DIRECTOR

Board

$55K

40 hrs/wk

HARRISON BONNER III

DIRECTOR OF FINANCE & ACCO

Board

$50K

40 hrs/wk

CLIFF TAYLOR

TRUSTEE

Board

2 hrs/wk

STEVEN HICKS

TRUSTEE

Board

2 hrs/wk

MARIO M WHITE

TRUSTEE

Board

2 hrs/wk

WILBERT J BRIGGS SR

TRUSTEE

Board

2 hrs/wk

BRENDA STITH-FINCH

CHAIR

Board

5 hrs/wk

FRASIER W BRICKHOUSE II

TRUSTEE

Board

2 hrs/wk

IRENE F LOGAN

TREASURER

Board

5 hrs/wk

KEVIN DAVENPORT

VSU VP ADMIN & FINANCE

Board

2 hrs/wk

HAROLD GREEN

VSU BOARD OF VISITORS

Board

2 hrs/wk

BEVERLY EVERSON-JONES

TRUSTEE

Board

2 hrs/wk

EARNEST A BAZEMORE

SECRETARY

Board

5 hrs/wk

NARDOS E KING

TRUSTEE

Board

2 hrs/wk

CLAUDE A WOOD

TRUSTEE

Board

2 hrs/wk

ANGEL CLARKE

TRUSTEE

Board

2 hrs/wk

TONYA S HALL

VSU VP FOR EXTERNAL AFFAIR

Board

2 hrs/wk

KARA C KING BESS

TRUSTEE

Board

2 hrs/wk

DANIELLE JONES

TRUSTEE

Board

2 hrs/wk

LAURIE CARPENTER

TRUSTEE

Board

2 hrs/wk

MAKOLA M ABDULLAH

PRESIDENT EX-OFFICIO

Board

2 hrs/wk

VALARIE A JONES

VICE-CHAIR

Board

5 hrs/wk

DANTE JACKSON

TRUSTEE

Board

2 hrs/wk

Grants received

Showing 105 of 105

FromAmountPurposeYear
$141K
TMCF SOAR (Seeking, Observing and Achieving Results) Scholar Program
2024
$100K
SENTARA SCHOLARS PROGRAM
2024
$25K
UNIVERSITY OR PRIVATE SCHOOL
2024
$900
MATCHING GIFTS
2024
$125K
Creating Equitable & Inclusive Opportunities
2023
$56K
EDUCATIONAL
2023
$30K
UNIVERSITY OR PRIVATE SCHOOL
2023
$30K
EDUCATION SCHOLARSHIP
2023
$20K
GENERAL SUPPORT
2023
$10K
CORPORATE DONATION
2023
$10K
HUMAN SERVICES
2023
$8K
GENERAL OPERATIONAL SUPPORT
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$5K
OTHER CIVIC / COMMUNITY
2023
$2K
MATCHING GIFTS
2023
$2K
OTHER CIVIC / COMMUNITY
2023
$500
OTHER CIVIC / COMMUNITY
2023
$250K
GENERAL OPERATING
2022
$200K
PROGRAM SUPPORT
2022
$125K
Creating Equitable & Inclusive Opportunities
2022
$120K
OPERATING GRANT
2022
$110K
TMCF Fleischer Scholars Program
2022
$110K
TMCF Fleischer Scholars Program
2022
$40K
EDUCATIONAL
2022
$33K
UNIVERSITY OR PRIVATE SCHOOL
2022
$25K
GENERAL SUPPORT
2022
$10K
GENERAL SUPPORT
2022
$10K
MIP PAYOUT FOR 12/02/22
2022
$5K
For grant recipient's exempt purposes
2022
$4K
MATCHING GIFTS
2022
$4K
MIP PAYOUT FOR 10/03/22
2022
$2K
MIP PAYOUT FOR 11/09/22
2022
$2K
MIP PAYOUT FOR 09/01/22
2022
$500
MIP PAYOUT FOR 01/27/2022
2022
$500
MIP PAYOUT FOR 04/01/2022
2022
$250
General Operating Support
2022
$25
MIP PAYOUT FOR 04/01/2022
2022
$151K
TMCF Fleischer Scholars Program
2021
$114K
EDUCATIONAL
2021
$101K
For recipient's exempt purpose
2021
$30K
For grant recipient's exempt purposes
2021
$30K
For grant recipient's exempt purposes
2021
$20K
Grow with Google HBCU Career Readiness Program Grant
2021
$6K
EDUCATION SCHOLARSHIP
2021
$101K
Fleischer Scholars Program
2020
$94K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$68K
TO STRENGTHEN TEACHER PREPARATION AT MSIS BY IMPROVING THE TEACHING AND LEARNING CONDITIONS FOR ALL CANDIDATES, INCREASING CAPACITY OF THE MSI TO IMPLEMENT A SUSTAINABLE PROCESS OF CONTINUOUS IMPROVEMENT, INCREASING EFFECTIVENESS OF MSI TEACHER EDUCATORS AND LEADERS, AND, ULTIMATELY, INCREASING THE EFFECTIVENESS OF THE MSI GRADUATES.
2020
$68K
TO STRENGTHEN TEACHER PREPARATION AT MSIS BY IMPROVING THE TEACHING AND LEARNING CONDITIONS FOR ALL CANDIDATES, INCREASING CAPACITY OF THE MSI TO IMPLEMENT A SUSTAINABLE PROCESS OF CONTINUOUS IMPROVEMENT, INCREASING EFFECTIVENESS OF MSI TEACHER EDUCATORS AND LEADERS, AND, ULTIMATELY, INCREASING THE EFFECTIVENESS OF THE MSI GRADUATES.
2020
$14K
SCHOLARSHIP GRANTS
2020
$10K
GENERAL OPERATING
2020
$8K
General Support
2020
$8K
Unrestricted
2020
$7K
PROGRAM SUPPORT
2020
$7K
PROGRAM SUPPORT
2020
$6K
For grant recipient's exempt purposes
2020
$3K
MIP PAYOUT FOR 02/10/20
2020
$2K
MIP PAYOUT FOR 05/13/20
2020
$1K
MIP PAYOUT FOR 08/18/20
2020
$500
MIP PAYOUT FOR 11/09/20
2020
$250
SCHOLARSHIPS
2020
$25
EMPLOYER MATCHING GIFT PROGRAM
2020
$37K
EDUCATION SCHOLARSHIP
2019
$15K
EDUCATIONSCHOLARSHIP
2018
$2K
Staff Directed Donation
2018
$117K
SCHOLARSHIP FUNDS
2017
$13K
TO PROVIDE EDUCATIONAL ASSISTANCE
2017
$10K
General Support
2017
$6K
GENERAL SUPPORT
2017

Funded by

$3.5M from 38 funders · 105 grants · 2017–2024

Thurgood Marshall College Fund

$633K · 6 grants · 2020–2024

Central Intercollegiate Athletic Assoc

$329K · 6 grants · 2017–2023

Truist Foundation Inc

$260K · 2 grants · 2020–2022

Church & Dwight Philanthropic Foundation Inc

$250K · 2 grants · 2022–2023

American Online Giving Foundation Inc

$214K · 6 grants · 2019–2024

National 4-H Council

$210K · 3 grants · 2021–2023

Propel Education

$200K · 1 grant · 2022

Vanguard Charitable Endowment Program

$195K · 2 grants · 2020–2021

Details

EIN546074532
NTEE codeB11
Subsection03
Ruling date1968-06
Formed1968
Employees3
Volunteers27
VIRGINIA STATE UNIVERSITY FOUNDATION — Mission, Financials & Grants Received | Grantivo