NonprofitsVmi Foundation

Education

Vmi Foundation

LEXINGTON, VA

Total revenue

$26.7M

Total expenses

$28.6M

Net assets

$663.4M

Grants received

$24.8M

202 grants

EIN

540505966

Tax year

2024

Mission

To support the Virginia Military Institute (VMI), a state-supported school.

Financials

FY 2024

Revenue

Contributions & grants$15.4M
Program service revenue
Investment income$10.9M
Other revenue$417K
Total revenue$26.7M

Expenses

Grants paid$23.2M
Salaries & benefits$1.7M
Fundraising$1.6M
Other expenses$3.8M
Total expenses$28.6M
Total assets$691.3M
Net assets$663.4M

People

34 listed

NameRoleCompensation

Theresa I Conrad

Vice President Development

Board

$164K

40 hrs/wk

Meade B King

Chief Operating Officer

Board

$147K

40 hrs/wk

Virginia Cameron

Executive Assistant and Corporate Secretary

Board

$52K

40 hrs/wk

Mr Daniel P Thornton

BOARD MEMBER

Board

2 hrs/wk

Mr Daryl L Deke

Board Member

Board

2 hrs/wk

Mr Ernesto V Sampson Jr

Board Member

Board

2 hrs/wk

Mr Gale F Sommers

Board Member

Board

2 hrs/wk

Mr Garland Gray II

Board Member

Board

2 hrs/wk

Mr Glen N Jones

Board Member

Board

2 hrs/wk

Mr John F Fick III

Board Member

Board

2 hrs/wk

Mr John P Williams

Board Member

Board

2 hrs/wk

Mr Johnathan A Mayo

Board Member

Board

2 hrs/wk

Mr Jonathan T Moody

Board Member

Board

2 hrs/wk

Mr Kimber L Latsha JD

Board Member

Board

2 hrs/wk

Mr Kurt A Polk

Board Member

Board

2 hrs/wk

Mr Matthew B Hamilton

Board Member

Board

2 hrs/wk

Colonel Joseph P Moan USAF Ret

Board Member

Board

2 hrs/wk

Mr Robert B Gore

Board Member

Board

2 hrs/wk

Mr Robert M Michie

Board Member

Board

2 hrs/wk

Mr Sean P Cantrell

Board Member

Board

2 hrs/wk

Mr Sterling T Sweeney

Board Member

Board

2 hrs/wk

Mr Thomas Henry Zarges

Board Member

Board

2 hrs/wk

Mr William L Taliaferro

Board Member

Board

2 hrs/wk

Mrs Elise G Woodworth

Board Member

Board

2 hrs/wk

Mrs Lara T Chambers

Board Member

Board

2 hrs/wk

Ms Dorcas G Wilkinson

Board Member

Board

2 hrs/wk

Crissy S Elliott

Chief Financial Officer

Board

2 hrs/wk

David L Prasnicki

Chief Executive Officer

Board

2 hrs/wk

Kevin A Ryan

Financial Controller

Board

2 hrs/wk

Mr Matthew R Hemenez

BOARD MEMBER

Board

2 hrs/wk

Commander Bree A Guiterman

Board Member

Board

2 hrs/wk

Dr Christopher R Gorman

Board Member

Board

2 hrs/wk

Lt Gen Carl A Strock USA Ret

Board Member

Board

2 hrs/wk

Gregory M Cavallaro

Senior Major Gift Officer

Staff

$143K

40 hrs/wk

Independent contractors

Friendo

Event Speaker

$145K

Grants received

Showing 200 of 202

FromAmountPurposeYear
$1.0M
EDUCATIONAL
2024
$1M
GENERAL OPERATING SUPPORT
2024
$250K
TO SUPPORT TAX-EXEMPT PURPOSE OF ORGANIZATION
2024
$65K
FINANCIAL SUPPORT
2024
$64K
EDUCATIONAL SUCCESS
2024
$55K
OPERATIONS
2024
$27K
UNRESTRICTED GENERAL
2024
$22K
UNRESTRICTED GENERAL SUPPORT
2024
$20K
OPERATING EXPENSES
2024
$18K
COLLEGES AND UNIVERSITIES
2024
$10K
ASSIST VETERANS
2024
$10K
THE PEAY ENDOWMENT FOR ACADEMIC EXCELLENCE
2024
$10K
Education scholarships
2024
$6K
Education
2024
$6K
UNRESTRICTED GENERAL SUPPORT
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$5K
UNRESTRICTED GENERAL
2024
$3K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$3K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$2K
youth education
2024
$50
TO SUPPORT EXEMPT MISSION OF ORGANIZATION
2024
$1M
GENERAL OPERATING SUPPORT
2023
$762K
For grant recipient's exempt purposes
2023
$263K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$64K
FINANCIAL SUPPORT
2023
$55K
EDUCATIONAL SUCCESS
2023
$38K
GENERAL OPERATING
2023
$30K
PHILANTHROPY
2023
$25K
OPERATING EXPENSES
2023
$12K
MATCHING GIFTS
2023
$11K
UNRESTRICTED GENERAL
2023
$10K
Education scholarships
2023
$10K
PEAY FUND FOR ACADEMICS EXCELLENCE
2023
$10K
ASSIST VETERANS
2023
$10K
GENERAL SUPPORT OF THEIR MISSION.
2023
$8K
UNRESTRICTED GENERAL SUPPORT
2023
$7K
FOR FRED F. FLOWERS 1940 SCHOLARSHIP
2023
$5K
UNRESTRICTED GENERAL
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$4K
SUPPORT FOR RC GIBSON 2023
2023
$2K
FIDELITY MATCHING GIFTS TO EDUCATION
2023
$2K
children and youth
2023
$1K
FIDELITY MATCHING GIFTS TO EDUCATION
2023
$1K
UNRESTRICTED SUPPORT OF ORGANIZATION'S EXEMPT PURPOSE
2023
$250
COMMUNITY NEEDS
2023
$250
CHARITABLE SUPPORT
2023
$50
TO SUPPORT THE EXEMPT MISSION OF ORGANIZATION
2023
$1M
OPERATING SUPPORT
2022
$342K
ADMINISTRATIVE SUPPORT
2022
$223K
EDUCATIONAL
2022
$220K
For grant recipient's exempt purposes
2022
$210K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$125K
FOR FRED F. FLOWERS 1940 SCHOLARSHIP
2022
$63K
FINANCIAL SUPPORT
2022
$42K
GENERAL OPERATING
2022
$25K
OPERATING EXPENSES
2022
$25K
GENERAL SUPPORT
2022
$20K
GENERAL OPERATING SUPPORT
2022
$18K
UNRESTRICTED GENERAL SUPPORT
2022
$17K
EDUCATIONAL SUCCESS
2022
$15K
UNRESTRICTED GENERAL
2022
$10K
MATCHING GIFTS
2022
$10K
ASSIST VETERANS
2022
$10K
PEAY ENDOWMENT FUND FOR EXCELLENCEPEAY FELLOWS
2022
$8K
CHARITABLE DONATION
2022
$7K
FOR EDUCATIONAL SCHOLARSHIP FUNDS
2022
$5K
OPERATIONAL SUPPORT
2022
$5K
UNRESTRICTED GENERAL
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$5K
MATCHING GIFTS TO EDUCATION
2022
$4K
POLICY PREMIUM PAYMENT - RC GIBSON 2022
2022
$3K
Education scholarships
2022
$2K
MATCHING GIFTS TO EDUCATION
2022
$1K
UNRESTRICTED SUPPORT OF ORGANIZATION'S EXEMPT PURPOSE
2022
$750
EMPLOYEE GIVING PROGRAM
2022
$196
MATCHING GIFTS TO EDUCATION
2022
$104
EMPLOYEE MATCHING GIFT DONATION
2022
$669K
For grant recipient's exempt purposes
2021
$669K
For grant recipient's exempt purposes
2021
$150K
For recipient's exempt purpose
2021
$36K
GENERAL OPERATING
2021
$20K
UNRESTRICTED GENERAL
2021
$13K
FY'21 MATCHING GIFTS
2021
$10K
MATCHING GIFTS
2021
$10K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2021
$7K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2021
$7K
CHARITABLE DONATION
2021
$5K
UNRESTRICTED GENERAL
2021
$5K
Education scholarships
2021
$3K
GENERAL CHARITABLE PURPOSES
2021
$1K
UNRESTRICTED SUPPORT OF ORGANIZATION'S EXEMPT PURPOSE
2021
$1K
Continue Program Funding
2021
$750
EMPLOYEE GIVING PROGRAM
2021
$500
OPERATIONAL SUPPORT
2021
$500
OPERATIONAL SUPPORT
2021
$250
EMPLOYEE GIVING PROGRAM
2021
$2.9M
ADMINISTRATIVE SUPPORT
2020
$611K
For grant recipient's exempt purposes
2020
$514K
ROBERT H. PATTERSON SCHOLARSHIP FUND,GENERAL PURPOSES,THE JACKSON HOPE FUND,THE J.C. MILLER JR. CENTER
2020
$375K
OPERATING SUPPORT
2020
$250K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$190K
CENTER FOR LEADERSHIP AND EXCELLENCE
2020
$125K
OPERATING SUPPORT
2020
$125K
OPERATING SUPPORT
2020
$100K
OPERATING SUPPORT - PREPAYMENT TOWARD 2021 GIFT
2020
$59K
FINANCIAL SUPPORT
2020
$35K
GENERAL OPERATING
2020
$25K
OPERATING EXPENSES
2020
$24K
GENERAL USE AND/OR SPECIAL FUND/PROJECT
2020
$20K
UNRESTRICTED GENERAL
2020
$20K
UNRESTRICTED OPERATING EXPENSES
2020
$15K
ACHIEVE CHARITABLE PURPOSE
2020
$10K
GENERAL CHARITABLE OPERATIONS
2020
$10K
Matching Gifts
2020
$5K
UNRESTRICTED GENERAL
2020
$5K
Education scholarships
2020
$5K
FOR FRED F. FLOWERS 1940 SCHOLARSHIP
2020
$4K
UNRESTRICTED CONTRIBUTION
2020
$2K
UNRESTRICTED SUPPORT OF ORGANIZATION'S EXEMPT PURPOSE
2020
$2K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2020
$1K
UNRESTRICTED DONATION
2020
$1K
Program Support
2020
$500
EMPLOYEE GIVING PROGRAM
2020
$500
OPERATIONAL SUPPORT
2020
$465
GENERAL FUND
2020
$250
SCHOLARSHIP FUND
2020
$200
Matching Grant
2020
$709K
For grant recipient's exempt purposes
2019
$57K
COLLEGES AND UNIVERSITIES
2019
$15K
GENERAL PURPOSES; MILLER LEARNING CENTER; EDMUND A. SAUNDERS ENDOWMENT FOR SCHOLARSHIPS
2019
$12K
General Charitable Operation
2019
$10K
UNRESTRICTED OPERATING EXPENSES
2019
$10K
Matching Gift
2019
$5K
FY'19 MATCHING GIFTS
2019
$5K
Education scholarships
2019
$5K
TO SUPPORT THE MISSION OF THE SCHOOL
2019
$1K
UNRESTRICTED SUPPORT OF ORGANIZATIONS EXEMPT PURPOSE
2019
$500K
TO SUPPORT PROGRAM OPERATIONS
2018
$476K
For grant recipient's exempt purposes
2018
$317K
TO SUPPORT PROGRAM OPERATIONS
2018
$36K
GENERAL OPERATING
2018
$25K
OPERATING EXPENSES
2018
$23K
CHARITABLE
2018
$15K
FOR GENERAL CHARITABLE PURPOSES
2018
$10K
General Support building
2018
$5K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. NO BENEFITS TO BE RECEIVED FROM THIS GRANT.
2018
$5K
EDUCATION $2,300 UNRESTRICTED DONATION, $2,300 FFF 1940SCHOLARSHIP, $400 FFF SWIMMING SCHOLARSHIP
2018
$5K
Education scholarships
2018
$5K
UNRESTRICTED GENERAL
2018
$500
GENERAL FUND
2018
$300
UNRESTRICTED GENERAL
2018
$250
ASSOCIATE MATCHING DOLLARS
2018
$2.1M
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$10K
General Support building
2017

Funded by

$24.8M from 72 funders · 202 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$6.2M · 8 grants · 2017–2023

Donor Advised Charitable Giving Inc

$5.1M · 7 grants · 2017–2023

Herndon Foundation

$4.5M · 9 grants · 2018–2024

Vmi Alumni Agencies Board Inc

$2.9M · 1 grant · 2020

American Endowment Foundation

$1.3M · 5 grants · 2022–2024

Vanguard Charitable Endowment Program

$872K · 4 grants · 2020–2023

The Community Foundation Inc

$663K · 5 grants · 2019–2024

Vmi Keydet Club

$342K · 1 grant · 2022

Details

EIN540505966
NTEE codeB110
Subsection03
Ruling date1939-02
Formed1937
Employees29
Volunteers0
VMI FOUNDATION — Mission, Financials & Grants Received | Grantivo