VIRGINIA COMMONWEALTH UNIVERSITY FOUNDAT

EIN: 540757884 501(c)(3) Education

RICHMOND, VA

Total Revenue
$15,943,324
Total Expenses
$12,373,613
Total Assets
$148,077,514
Net Assets
$105,413,796
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1917
Legal Domicile
VA
Principal Officer
LAURA KOTTKAMP
Phone
8048289292
Tax Period
2022-07-01 to 2023-06-30

VIRGINIA COMMONWEALTH UNIVERSITY FOUNDATION, founded in 1917, is a mid-sized nonprofit in the Education sector that reported $17.6M in total revenue in fiscal year 2017. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.5M, a strong 20% operating margin.

Mission

TO SUPPORT THE EDUCATIONAL,SCIENTIFIC & CHARITABLE ACTIVITIES OF VCU.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $14,687,809
Program Service Revenue $0
Investment Income $884,533
Other Revenue $370,982
TOTAL REVENUE $15,943,324

Expense Breakdown

Grants Paid $11,734,520
Salaries & Benefits $151,726
Fundraising Expenses $55,768
Program Expenses $12,006,368
Other Expenses $487,367
TOTAL EXPENSES $12,373,613

Year-over-Year Comparison

2022 2021 Change
Revenue $15,943,324 $17,326,830 -0.1%
Expenses $12,373,613 $10,490,735 +0.2%
Net Income $3,569,711 $6,836,095 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
26
Independent Members
26
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$162,054
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDDIE O'LEARY TRUSTEE 1.00
Director
$0 $0 $0
TONYA P WILKINS EX-OFFICO TRUSTEE 1.00
Director
$0 $0 $0
CARL BURRELL TRUSTEE 1.00
Director
$0 $0 $0
DUKE DODSON TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL JONES VICE CHAIR ELECT 1.00
Officer Director
$0 $0 $0
JULIE WEISSEND CHAIR 1.00
Officer Director
$0 $0 $0
JOHN PAOLINI TRUSTEE 1.00
Director
$0 $0 $0
PAUL CARDER TRUSTEE 1.00
Director
$0 $0 $0
JIM GREGORY TRUSTEE 1.00
Director
$0 $0 $0
LYNN MCATEER TRUSTEE 1.00
Director
$0 $0 $0
JOHN PURNELL VICE CHAIR 1.00
Officer Director
$0 $0 $0
JOSEPH BARTHOLOMEW TRUSTEE 1.00
Director
$0 $0 $0
KERAN DONAHUE TRUSTEE 1.00
Director
$0 $0 $0
DR MICHAEL RAO EX-OFFICO TRUSTEE 1.00
Director
$0 $0 $0
APRIL DUFF TRUSTEE 1.00
Director
$0 $0 $0
JOHN FINN TRUSTEE 1.00
Director
$0 $0 $0
CATHY DOSS TRUSTEE 1.00
Director
$0 $0 $0
KENNETH JONES TRUSTEE 1.00
Director
$0 $0 $0
JOHN ZEHEB TRUSTEE 1.00
Director
$0 $0 $0
WILLIAM MURRAY TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY NGUYEN TRUSTEE 1.00
Director
$0 $0 $0
ZACH MCCLUSKEY TRUSTEE 1.00
Director
$0 $0 $0
SEAN BRAZIER TRUSTEE 1.00
Director
$0 $0 $0
KELLY CONWAY TRUSTEE 1.00
Director
$0 $0 $0
CARRIE ROTH TRUSTEE 1.00
Director
$0 $0 $0
CHRIS SMALL TRUSTEE 1.00
Director
$0 $0 $0
LEAH WALKER TRUSTEE 1.00
Director
$0 $0 $0
MARIE KIMMEL TRUSTEE 1.00
Director
$0 $0 $0
LAURA KOTTKAMP EXECUTIVE DIRECTOR AND SEC 16.00
Officer
$115,589 $46,465 $162,054
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $15,943,324 $12,373,613 $148,077,514 $3,569,711
2022 $17,326,830 $10,490,735 $137,692,636 $6,836,095
2021 $10,450,045 $13,897,823 $143,986,574 $-3,447,778
2020 $9,637,107 $12,135,941 $117,210,353 $-2,498,834
2019 $13,391,379 $13,749,621 $118,913,323 $-358,242
2018 $17,614,147 $14,159,485 $118,427,886 $3,454,662
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