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Virginia Commonwealth University School Of Business Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202661802 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

Overview

What is Virginia Commonwealth University School Of Business Foundation?

The Virginia Commonwealth University School of Business Foundation is a nonprofit organization dedicated to supporting and promoting the activities and mission of the School of Business at Virginia Commonwealth University. Located in Richmond, Virginia, the foundation manages and distributes assets to fund programs within the school, aiming to educate students, achieve teaching excellence, and promote scholarly research. One of its significant contributions is owning a nonresidential property, which is leased to Virginia Commonwealth University for a symbolic annual rent of $1. This property, housing the main teaching and activity facility for the School of Business, has a future rental value imputed as a liability by the foundation. The foundation's mission is to assist, support, and foster the activities and mission of the School of Business, thereby benefiting its programs.


Official website here: www.business.vcu.edu

Is Virginia Commonwealth University School Of Business Foundation legitimate?

Virginia Commonwealth University School Of Business Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Commonwealth University School Of Business Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $79,447
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.business.vcu.edu

What is the mission statement of Virginia Commonwealth University School Of Business Foundation?

The Virginia Commonwealth University School of Business Foundation's mission is centered around supporting and promoting the activities and mission of the School of Business at Virginia Commonwealth University. The foundation solicits, manages, and distributes assets to enhance programs within the business school, thereby contributing to the education of students, the pursuit of teaching excellence, and the advancement of scholarly research. Additionally, the foundation owns property that is leased to Virginia Commonwealth University for use in business classes and activities. The primary role of the foundation is to assist, support, and foster the objectives of the School of Business, thereby benefiting its programs and initiatives.


Official website here: www.business.vcu.edu

Who is the CEO of Virginia Commonwealth University School Of Business Foundation?

Laura Kottkamp is the Trustee of Virginia Commonwealth University School Of Business Foundation.


Official website here: www.business.vcu.edu

What is the revenue of Virginia Commonwealth University School Of Business Foundation?

Virginia Commonwealth University School Of Business Foundation's revenue in 2022 was $4,740,746.


Official website here: www.business.vcu.edu

Who are the executives of Virginia Commonwealth University School Of Business Foundation and what are their salaries?

Here are 32 key members and their salaries:

    Laura Kottkamp (Executive Director)
  • Compensation: $40,289
  • Related: $0
  • Other: $16,297

    • John N Pullen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles F Phillips Iii (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven A Markel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert E Henley (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melina Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • L Dans Callans Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric D Cevis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey K Gronning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark M Gambill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William M Ginther (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • A William Hamill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peyton Cox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Lareau (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juanita B Leatherberry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert C Sledd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas G Snead Jr (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark J Newfield (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda M Warren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Reinecke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Rao (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul W Croston (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle H Gluck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John D O'Neill Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ting Xu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Ruggles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Monday (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ed Mccoy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Gavant (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn Harris (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Hines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Stewart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.business.vcu.edu

    Where can I find the form 990 for Virginia Commonwealth University School Of Business Foundation?

    The Virginia Commonwealth University School Of Business Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.business.vcu.edu

    Learn more at the official website: www.business.vcu.edu

    Mission Statement of Virginia Commonwealth University School Of Business Foundation

    The Virginia Commonwealth University School of Business Foundation's mission is centered around assisting, supporting, and fostering the activities and mission of the School of Business at Virginia Commonwealth University. This nonprofit organization plays a crucial role in soliciting, managing, and distributing assets for programs within the School of Business. Through these activities, it provides valuable resources to educate students, promote teaching excellence, and stimulate scholarly research. Additionally, the foundation owns property that is leased to Virginia Commonwealth University for use in School of Business classes and activities. This commitment to the School of Business enables the organization to significantly contribute to its growth and development.

    Impact

    This information is meant to be a general summary of Virginia Commonwealth University School Of Business Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Virginia Commonwealth University School of Business Foundation plays a crucial role in supporting and promoting the activities and mission of the School of Business at Virginia Commonwealth University. By soliciting, managing, and distributing assets for programs within the School of Business, the foundation provides resources to educate students, achieve teaching excellence, and promote scholarly research. Additionally, the foundation owns nonresidential real estate that is leased to the university for a nominal fee, serving as the main teaching and activity facility for the School of Business. This strategic partnership ensures a conducive environment for learning and innovation within the academic community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $61,088
  • Program Service Revenue: $2,771,318
  • Gross Receipts: $9,686,611

    • Assets and Liabilities:
  • Total Assets: $83,833,161
  • Total Liabilities: $31,943,333
  • Net Assets: $51,889,828
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENT INCOME - V.C.U.

    Revenue

    $2,018,414

    NON CREDIT COURSE REVENUE

    Revenue

    $752,904

    Organization Details

    Founding Year

    2005

    Principal Officer

    Laura Kottkamp

    Main Address

    301 WEST MAIN STREET PO BOX 8440, RICHMOND, VA, 232844000

    NTEE Category

    Code: B024 - Education

    If you are a representative of Virginia Commonwealth University School Of Business Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.