Public Charity

VIRGINIA TECH FOUNDATION INC

VIRGINIA TECH FOUNDATION INC, of BLACKSBURG, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $245.7M in revenue, $205.7M in expenses, $3.1B in total assets. 471 publicly reported grants to this organization, totaling roughly $110.5M, appear in IRS filings.

EIN: 540721690 BLACKSBURG, VA Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$245.7M
Total Expenses$205.7M
Total Assets$3.1B
Grant Records471
Funding Total$110.5M
Filing Years2021–2025

Mission

VIRGINIA TECH FOUNDATION, INC. (VTF) IS A VIRGINIA NONSTOCK CORPORATION ESTABLISHED IN 1948 FOR THE SOLE PURPOSE OF MANAGING VIRGINIA TECH'S ENDOWMENT TO ADVANCE VIRGINIA TECH'S MISSION AND ITS STRATEGIC PRIORITIES.

Where $100 goes at Virginia Tech Foundation Inc

How Virginia Tech Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$83 Programs the work itself
$9 Management running the organization
$8 Fundraising raising the next dollar

Inside the $83 for programs

$83
Guided by a strong commitment to fiduciary responsibility, the foundation receives, manages, and disburses private gifts to advance the missions of virginia tech
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VT VP AND PROVOST (AS OF 01/2025) Cyril R Clarke - Director
BOARD MEMBER - EX OFFICIO Dr Amy Sebring
FORMER CEO; SA VT ATHLETIC DIR Dr John Dooley
BOARD MEMBER- EX OFFICIO Dr Timothy D Sands
CHIEF EXECUTIVE OFFICER Elizabeth A Mcclanahan
BOARD MEMBER Mr Bruce W Tyler

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$46,893,315 136 grants
General Support
$46,682,110 211 grants
Research & Policy
$2,602,524 19 grants
Human & Social Services
$1,772,144 6 grants
Environment & Conservation
$551,091 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $245.7M $205.7M $3.1B
2024 $293.8M $182.6M $3.0B
2023 $222.3M $169.5M $2.8B
2022 $317.1M $201.5M $2.7B
2021 $338.7M $114.6M $2.7B

Between 2021 and 2025, reported annual revenue declined from $338.7M to $245.7M (-27%), with total assets most recently reported at $3.1B.

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

See the full picture for VIRGINIA TECH FOUNDATION INC

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