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. 461 publicly reported grants to this organization, totaling roughly $108.8M, 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 Records461
Funding Total$108.8M
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.

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
$29,468,348 38 grants
For grant recipient's exempt purposes
$20,623,371 9 grants
SEE PART IV
$5,870,000 10 grants
GENERAL SUPPORT
$4,712,398 37 grants
FOR SOFTWARE TOOLS TO SUPPORT THE SERVICE'S PLANS FOR COMMAND AND CONTROL OF THE INFORMATION ENVIRONMENT; TO CREATE AND MANAGE A COLLABORATIVE CYBERSECURITY EDUCATIONAL PROGRAM WITH COMMUNITY COLLEGES, COLLEGES, AND UNIVERSITIES THAT ESTABLISHES STANDARDS FOR CYBERSECURITY CURRICULUM AND ACADEMIC EXCELLENCE, INCLUDES COMPETENCY DEVELOPMENT AMONG STUDENTS AND FACULTY, VALUES COMMUNITY OUTREACH AND LEADERSHIP IN PROFESSIONAL DEVELOPMENT, INTEGRATES CYBERSECURITY PRACTICE WITHIN THE INSTITUTION ACROSS ACADEMIC DISCIPLINES, ACTIVELY ENGAGES IN SOLUTIONS TO CHALLENGES FACING CYBERSECURITY EDUCATION
$4,526,947 1 grant

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.

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