Virginia · Public charity
Virginia Tech Foundation Inc
Virginia tech foundation, inc. (vtf) is a virginia nonstock corporation established in 1948 for the sole purpose of managing virginia tech's endowment to advance virginia tech's mission and its strategic priorities.
- $121M
- Granted FY2025(still arriving)
- 5
- Grants FY2025
- 4
- Organizations funded FY2024
- 75%
- First-time grantees FY2024
- Median grant, FY2025
- $50,000
- Largest grant, FY2025
- $81,830,259
- Organizations funded a year
- 1 to 4
- FY2018 to FY2024
- States reached, FY2025
- 3
- Total assets, FY2025
- $3.1B
How open it is to new grantees
In FY2024, 75% of the organizations Virginia Tech Foundation Inc funded were first-time grantees, receiving 0% of its grant dollars.
New vs renewed · share of each year
In FY2024, 100% of grant dollars renewed an existing relationship; $130k went to new ones.
Where new relationships form · theme of each grantee’s first grant
How this is measured
The numbers by year
| Fiscal year | Organizations funded | To those organizations | First-time grantees |
|---|---|---|---|
| FY2025still arriving | 4 | $121M | 25% |
| FY2024 | 4 | $97M | 75% |
| FY2023 | 1 | $40M | 0% |
| FY2022 | 1 | $36M | 0% |
| FY2021 | 1 | $33M | 0% |
| FY2020 | 1 | $34M | 0% |
| FY2019 | 1 | $31M | 0% |
| FY2018 | 1 | $31M | 0% |
What it funded, over time
Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.
Top grantees
Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.
| Grantee | Total granted | Years | Share of their budget |
|---|---|---|---|
| Virginia Polytechnic Institute & State University | $445,908,433 | 9 | n/a |
| Community United Methodist Church | $140,000 | 2 | n/a |
| Azcms Cares Foundation | $80,000 | 2 | n/a |
| World Central Kitchen Inc | $50,000 | 1 | n/a |
| Fordham University | $10,000 | 1 | 0% |
About Virginia Tech Foundation Inc
- How much does Virginia Tech Foundation Inc give?
- Virginia Tech Foundation Inc reported 5 grants totaling $121,219,707 in its FY2025 IRS filing. It funded between 1 and 4 organizations a year over FY2018 to FY2024.
- What does Virginia Tech Foundation Inc fund?
- By grant dollars over FY2017 to FY2025, its largest causes are Education (100%), Religion (0%), Health (0%).
- Who are Virginia Tech Foundation Inc's largest grantees?
- By total granted over FY2017 to FY2025: Virginia Polytechnic Institute & State University ($446M), Community United Methodist Church ($140k), Azcms Cares Foundation ($80k).
- Does Virginia Tech Foundation Inc fund new organizations?
- In FY2024, 75% of the organizations it funded were first-time grantees.
- Where is Virginia Tech Foundation Inc based?
- Virginia Tech Foundation Inc is based in VA.
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