Public Charity

VIRGINIA STUDENT AID FOUNDATION INC

VIRGINIA STUDENT AID FOUNDATION INC is a nonprofit organization categorized as Public Charity based in CHARLOTTESVILLE, VA. Its most recent IRS filing (2024) reports revenue of $50.3M, expenses of $45.0M, total assets of $184.6M. Imperigo tracks 208 reported grant relationships connected to this organization totaling approximately $29.3M.

EIN: 540517188 CHARLOTTESVILLE, VA Scholarships & Student Financial Aid NTEE: B82 Latest filing: 2024
Total Revenue$50.3M
Total Expenses$45.0M
Total Assets$184.6M
Grant Records208
Funding Total$29.3M
Filing Years2020–2024

Mission

THE VIRGINIA ATHLETICS FOUNDATION, THROUGH ITS FUND-RAISING EFFORTS, STRIVES TO SUPPORT A PREEMINENT INTERCOLLEGIATE ATHLETICS PROGRAM AT THE UNIVERSITY OF VIRGINIA BY PROVIDING STUDENT-ATHLETES THEOPPORTUNITY TO ACHIEVE ACADEMIC AND ATHLETIC EXCELLENCE.

Where $100 goes at Virginia Student Aid Foundation Inc

How Virginia Student Aid Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$90 Programs the work itself
$4 Management running the organization
$6 Fundraising raising the next dollar

Inside the $90 for programs

$51
The foundation's primary purpose is to provide funding for scholarships for student athletes
57% of program spending · Reported in the filing: 27 teams; 27 programs
$37
The foundation raises funds on behalf of the university of virginia to finance the renovation of existing athletics facilities and the construction of new athletics facilities as identified…
41% of program spending · Reported in the filing: 14 women; 13 men
$2
Tthe foundation provides informational services to its members and to the general public
2% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Andrew Peskin
TRUSTEE Anne Carter Smith
TRUSTEE Ashley Widger
TRUSTEE A Wellford Tabor
TRUSTEE Barry L Parkhill
TRUSTEE Carla Williams

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$15,656,167 48 grants
General Support
$11,768,843 127 grants
Human & Social Services
$745,635 4 grants
Sports & Recreation
$457,150 13 grants
Economic Development
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $50.3M $45.0M $184.6M
2023 $59.7M $48.9M $169.5M
2022 $45.2M $45.5M $155.0M
2021 $45.9M $40.3M $165.5M
2020 $33.4M $48.8M $147.0M

Between 2020 and 2024, reported annual revenue grew from $33.4M to $50.3M (+51%), with total assets most recently reported at $184.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for VIRGINIA STUDENT AID FOUNDATION INC

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