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Virginia State University Foundation

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

EIN: 546074532 ✦ Petersburg, VA ✦ Designated as a 501(c)(3)

Overview

What is Virginia State University Foundation?

Virginia State University Foundation is a nonprofit organization situated in Petersburg, Virginia. With a modest team of three individuals, its primary mission is to aid in the advancement and expansion of Virginia State University. The foundation accomplishes this by managing and distributing donations and contributions received. An essential aspect of their work involves offering scholarships and awards to deserving students, as evidenced by the 296 scholarships granted during the recent year. By supporting Virginia State University in this manner, the foundation plays a crucial role in fostering academic excellence and personal growth among its student population.


Official website here: www.foundation.vsu.edu

Is Virginia State University Foundation legitimate?

Virginia State University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia State University 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: $75,411
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,738

For more financial information, click here


Official website here: www.foundation.vsu.edu

What is the mission statement of Virginia State University Foundation?

The Virginia State University Foundation's mission is to support the mission of Virginia State University by receiving, managing, and distributing donations and contributions. These funds are utilized to aid in the enhancement and growth of the university. Specifically, the foundation awards scholarships and grants to students, as demonstrated by the distribution of 296 scholarships during a particular year. The foundation's role is instrumental in contributing to the university's progress and the educational opportunities of its students.


Official website here: www.foundation.vsu.edu

Who is the CEO of Virginia State University Foundation?

Robert L Turner Jr is the Trustee of Virginia State University Foundation.


Official website here: www.foundation.vsu.edu

What is the revenue of Virginia State University Foundation?

Virginia State University Foundation's revenue in 2022 was $4,393,072.


Official website here: www.foundation.vsu.edu

Who are the executives of Virginia State University Foundation and what are their salaries?

The average compensation at Virginia State University Foundation during 2022 was $52,050. There are 3 employees and 22 volunteers at Virginia State University Foundation.

Here are 22 key members and their salaries:

    Makola M Abdullah (Ex-Officio)
  • Compensation: $0
  • Related: $381,050
  • Other: $79,695

    • Kevin Davenport (Vsu Vp Admin & Finance) [Trustee/Director]
  • Compensation: $0
  • Related: $198,013
  • Other: $65,585

    • Tonya S Hall (Vsu Vp For External Affair) [Trustee/Director]
  • Compensation: $0
  • Related: $169,301
  • Other: $42,222

    • Robert L Turner Jr (Executive Director)
  • Compensation: $40,000
  • Related: $0
  • Other: $0

    • Harrison Bonner Iii (Director Of Finance & Accounting)
  • Compensation: $12,500
  • Related: $0
  • Other: $0

    • Beverly Everson-Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dante Jackson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel R Rhue Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cliff Taylor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Rainey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wilbert J Briggs Sr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brenda Stith-Finch (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frasier W Brickhouse Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Irene F Logan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Moore (Vsu Board Of Visitors) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valarie A Jones (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Earnest A Bazemore (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nardos E King (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Claude A Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angel Clarke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kara C King Bess (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foundation.vsu.edu

    Where can I find the form 990 for Virginia State University Foundation?

    The Virginia State University Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.foundation.vsu.edu

    Learn more at the official website: www.foundation.vsu.edu

    Mission Statement of Virginia State University Foundation

    Virginia State University Foundation plays a crucial role in supporting the mission of Virginia State University. By receiving, managing, and distributing donations and contributions, this organization contributes to the enhancement and growth of the university. One of their primary tasks is providing scholarships and awards to students, as evidenced by the 296 scholarships awarded during a recent year. This financial aid helps to foster academic success and growth among the student body. By supporting Virginia State University in this way, the Foundation contributes to the university's overall mission and the future of its students.

    Impact

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




    Saturday, July 20, 2024

    The Virginia State University Foundation plays a crucial role in supporting the mission of Virginia State University by receiving, managing, and distributing donations and contributions that aid in the enhancement and growth of the university. One significant way the foundation impacts the university community is by providing scholarships and awards to students. In the past year alone, the foundation awarded 296 scholarships to deserving students, enabling them to pursue their educational goals and succeed in their academic endeavors. Through its efforts, the foundation contributes to the educational advancement and success of students at Virginia State University, making a significant impact on the lives of individuals and the broader 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: $334,895
  • Program Service Revenue: $0
  • Gross Receipts: $4,554,587

    • Assets and Liabilities:
  • Total Assets: $28,931,771
  • Total Liabilities: $4,248,427
  • Net Assets: $24,683,344
  • Organization Details

    Founding Year

    1968

    Principal Officer

    Robert L Turner Jr

    Main Address

    PO BOX 9027, PETERSBURG, VA, 23806

    NTEE Category

    Code: B11 - Education

    If you are a representative of Virginia State University 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.