UNIVERSITY OF VIRGINIA ENGINEERING… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1953

Legal Domicile

Principal Officer

ROBERT BREMER

Phone

4342439000

Tax Period

2022-07-01 to 2023-06-30

UNIVERSITY OF VIRGINIA ENGINEERING FOUNDATION INC, founded in 1953, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year. Expenses of $3.3M left a modest 15% surplus.

Mission

THE FOUNDATION SUPPORTS THE MISSION OF THE UNIVERSITY OF VIRGINIA SCHOOL OF ENGINEERING AND APPLIED SCIENCE BY LEADING EFFORTS TO BUILD AND SUSTAIN BENEFICIAL RELATIONSHIPS AND BY RAISING, INVESTING, MANAGING AND PROVIDING EXTERNAL PRIVATE FINANCIAL RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $3,081,932

GRANTS & ALLOCATIONS - THE FOUNDATION PROVIDES GRANTS & ALLOCATIONS TO THE UNIVERSITY OF VIRGINIA SCHOOL OF ENGINEERING & APPLIED SCIENCE (ENGINEERING SCHOOL) AND OTHER ORGANIZATIONS AND STUDENTS FOR...

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,783,796

Program Service Revenue $0

Investment Income $104,986

Other Revenue $0

TOTAL REVENUE $3,888,782

Expense Breakdown

Grants Paid $3,074,161

Salaries & Benefits $0

Fundraising Expenses $708

Program Expenses $3,081,932

Other Expenses $246,530

TOTAL EXPENSES $3,320,691

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,888,782	$4,333,906	-0.1%
Expenses	$3,320,691	$4,609,770	-0.3%
Net Income	$568,091	$-275,864	-3.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOKS MALIK ASHIRU	TRUSTEE	1.00	Director	$0	$0	$0
NANCY CALLAHAN	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
WARREN BUFORD	TRUSTEE	1.00	Director	$0	$0	$0
EVAN T EDWARDS	TRUSTEE	1.00	Director	$0	$0	$0
FRANK R FIRSCHING	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD W CHYLLA	TRUSTEE	1.00	Director	$0	$0	$0
NATALIE GRANDISON	TRUSTEE	1.00	Director	$0	$0	$0
GRACE HOBBY GRUNDY	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM L DELONG III	TRUSTEE	1.00	Director	$0	$0	$0
KATHRYN A HARRIS	PRESIDENT	1.00	Officer Director	$0	$0	$0
GULU GAMBHIR	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN B KOCH	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM J GORMAN JR	TRUSTEE	1.00	Director	$0	$0	$0
DAYNA GRAYSON	TRUSTEE	1.00	Director	$0	$0	$0
ADAM N HARRELL JR	TRUSTEE	1.00	Director	$0	$0	$0
AARON G HUGHES	TRUSTEE	1.00	Director	$0	$0	$0
TIFFANY SHELDON LINK	TRUSTEE	1.00	Director	$0	$0	$0
JAY A ROLLS	TRUSTEE	1.00	Director	$0	$0	$0
KRISTINE LIPSCOMB	TRUSTEE	1.00	Director	$0	$0	$0
JOHN NISI	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM BLAISE WARREN	SECRETARY	1.00	Officer Director	$0	$0	$0
LESLIE H WILLIAMS JR	FINANCE CHAIR	1.00	Director	$0	$0	$0
THOMAS E NOONAN JR	AUDIT COMMITTEE CHAIR	1.00	Director	$0	$0	$0
ROBERT E BREMER	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN R PEELER	TRUSTEE	1.00	Director	$0	$0	$0
ANNE C KROMKOWSKI	TRUSTEE	1.00	Director	$0	$0	$0
MIKE RAKER	TRUSTEE	1.00	Director	$0	$0	$0
HANNAH MCCLELLAN RICHARDS	TRUSTEE	1.00	Director	$0	$0	$0
CRYSTAL C RO	TRUSTEE	1.00	Director	$0	$0	$0
ERIC STARKOFF	TRUSTEE	1.00	Director	$0	$0	$0
DARIA S TORRES	TRUSTEE	1.00	Director	$0	$0	$0
S RIXEY JONES	TRUSTEE	1.00	Director	$0	$0	$0
JOHN SIVOLELLA	TRUSTEE	1.00	Director	$0	$0	$0
ANTOINETTE TSAI WYTHES	TRUSTEE	1.00	Director	$0	$0	$0
FRANCO R TAO	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER WEST	DEAN OF SEAS & EX-OFFICIO	1.00	Director	$0	$0	$0
KENNETH D YAGEN	TRUSTEE	1.00	Director	$0	$0	$0
RUSSELL B MAIT	TRUSTEE	1.00	Director	$0	$0	$0
ANTOINETTE TSAI WYTHES	TRUSTEE	1.00	Director	$0	$0	$0

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	$3,888,782	$3,320,691	$70,082,326	$568,091
2022	$4,333,906	$4,609,770	$68,625,953	$-275,864
2021	$4,078,310	$4,609,702	$71,936,424	$-531,392
2020	$29,191,546	$4,357,701	$55,662,717	$24,833,845
2019	$6,656,446	$4,443,049	$28,941,164	$2,213,397

UNIVERSITY OF VIRGINIA ENGINEERING FOUNDATION INC