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Virginia Student Aid Foundation Inc

Virginia Athletics Foundation

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

EIN: 540517188 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

Overview

What is Virginia Student Aid Foundation Inc?

The Virginia Student Aid Foundation Inc, also known as the Virginia Athletics Foundation, is a Charlottesville, Virginia-based nonprofit organization dedicated to raising funds for scholarships and academic support for student-athletes at the University of Virginia (UVA). With over 31 employees, the foundation's primary mission revolves around providing opportunities for student-athletes to excel academically and athletically. In 2022, the organization received generous support from more than 10,500 donors, including former student-athletes, parents, alumni, fans, and businesses. Through their fundraising efforts, the Virginia Athletics Foundation offers scholarships for approximately 750 student-athletes participating in 27 intercollegiate programs at UVA, with the exception of men's and women's squash teams, which are funded by a university endowment. As a result, students receive the necessary resources to succeed in their academic and athletic pursuits.


Official website here: www.virginiaathleticsfoundation.com

Is Virginia Student Aid Foundation Inc legitimate?

Virginia Student Aid Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Student Aid Foundation Inc 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: $827,893
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,415,990

For more financial information, click here


Official website here: www.virginiaathleticsfoundation.com

What is the mission statement of Virginia Student Aid Foundation Inc?

The Virginia Athletics Foundation works diligently to support a top-tier intercollegiate athletics program at the University of Virginia by offering opportunities for student-athletes to excel academically and athletically. Through fundraising efforts, the organization provides essential scholarships and academic support for approximately 750 student-athletes participating in 27 intercollegiate programs. In 2022, over 10,500 donors, including alumni, fans, and businesses, contributed to the Foundation, recognizing the value of the intercollegiate athletics experience at the University. The Foundation strives to maximize funding for scholarships, allowing for 316.6 scholarships for 25 out of the 27 NCAA-sanctioned teams at the University. Scholarships for men's and women's squash teams are funded through a university endowment.


Official website here: www.virginiaathleticsfoundation.com

Who is the CEO of Virginia Student Aid Foundation Inc?

Donna G Mahan is the Exec Director, Sec/Treas of Virginia Student Aid Foundation Inc.


Official website here: www.virginiaathleticsfoundation.com

What is the revenue of Virginia Student Aid Foundation Inc?

Virginia Student Aid Foundation Inc's revenue in 2022 was $45,190,995.


Official website here: www.virginiaathleticsfoundation.com

Who are the executives of Virginia Student Aid Foundation Inc and what are their salaries?

The average compensation at Virginia Student Aid Foundation Inc during 2022 was $72,383. There are 31 employees and 22 volunteers at Virginia Student Aid Foundation Inc.

Here are 31 key members and their salaries:

    Dirk P Katstra (Exec Director, Sec/Treas)
  • Compensation: $359,613
  • Related: $0
  • Other: $48,149

    • Michael T Kersey (Chief Operating Officer)
  • Compensation: $185,872
  • Related: $0
  • Other: $46,750

    • Donna G Mahan (Chief Financial Officer)
  • Compensation: $161,390
  • Related: $0
  • Other: $36,376

    • Heather L Troudt (Senior Major Gifts Officer)
  • Compensation: $145,708
  • Related: $0
  • Other: $30,638

    • Jeffrey B Ford (Associate Director)
  • Compensation: $129,962
  • Related: $0
  • Other: $31,588

    • Ryan P Weigand (Senior Director Of Development)
  • Compensation: $112,181
  • Related: $0
  • Other: $32,081

    • Robert G Schmalz (Associate Director)
  • Compensation: $116,910
  • Related: $0
  • Other: $23,749

    • Jessica F Armistead (Dir Of Suites, Events And Stewardship)
  • Compensation: $106,974
  • Related: $0
  • Other: $21,089

    • Juliana Schulte O'Reilly (Past President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Franklin S Edmonds Jr (President/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Katherine L Heilpern Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mia Mooney Bass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles R Birdsong (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marvin P Bush (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • W Heywood Fralin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael S Geismar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marvin W Gilliam Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raleigh Anne Gray (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher A Harrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yusef D Jackson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • T Douglas Mcquade (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman Moore (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig W Packer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry L Parkhill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew S Peskin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jill Royster (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel W Sheridan (Vice President / Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Carter Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • A Wellford Tabor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carla G Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.virginiaathleticsfoundation.com

    Where can I find the form 990 for Virginia Student Aid Foundation Inc?

    The Virginia Student Aid Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.virginiaathleticsfoundation.com

    Learn more at the official website: www.virginiaathleticsfoundation.com

    Mission Statement of Virginia Student Aid Foundation Inc

    The Virginia Student Aid Foundation, a charitable organization, is dedicated to raising funds to support a top-tier intercollegiate athletics program at the University of Virginia. By providing opportunities for academic and athletic excellence to student-athletes, the Foundation strives to enhance the overall experience at the University.

    In 2022, over 10,500 donors, including former student-athletes, parents, alumni, fans, and businesses, wholeheartedly contributed to the Foundation's efforts. These supporters recognize the value of the intercollegiate athletics experience at the University of Virginia and contribute in various ways to help maximize funding. The Foundation's primary focus lies in providing scholarships and academic support for these student-athletes. In total, approximately 750 student-athletes participate in 27 intercollegiate programs at the University, with the Foundation funding 316.6 scholarships for 25 of the 27 NCAA-sanctioned teams. Scholarships for the men's and women's squash teams are funded by a university endowment from a generous donor.

    Impact

    This information is meant to be a general summary of Virginia Student Aid Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Virginia Student Aid Foundation Inc's impact is significant in supporting a preeminent intercollegiate athletics program at the University of Virginia. Through its fundraising efforts, the foundation provides funding for scholarships and academic affairs support for student-athletes. With the help of over 10,500 donors, including former student-athletes, parents, alumni, fans, and businesses, the foundation ensures that all 316.6 scholarships allowed for 25 of the 27 NCAA-sanctioned teams at the university are fully funded. This support enables approximately 750 student-athletes participating in 27 intercollegiate programs to pursue both academic and athletic excellence.





    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: $179,649
  • Program Service Revenue: $1,074,748
  • Gross Receipts: $48,474,962

    • Assets and Liabilities:
  • Total Assets: $154,972,680
  • Total Liabilities: $2,771,366
  • Net Assets: $152,201,314
  • Programs

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

    PARKING LOT REVENUE

    Revenue

    $1,031,667

    OTHER PGM SVC REVENUE

    Revenue

    $43,081

    Organization Details

    Founding Year

    1949

    Principal Officer

    Donna G Mahan

    Main Address

    PO BOX 400833, CHARLOTTESVILLE, VA, 229044833

    NTEE Category

    Code: N40 - Recreation

    If you are a representative of Virginia Student Aid Foundation Inc 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.