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Virginia · Nonprofit

THE VIRGINIA COLLEGE FUND

THE VIRGINIA COLLEGE FUND (Virginia) receives grants from 35 organizations whose IRS filings report $1,455,325 to it, the largest being SHELTON H SHORT JR TRUST ($500,000). 23 of them have funded it in more than one year.

Revenue FY2026
$43k
Funders on record
35
Grants received
$1.5M
Net assets
$0
23/35 repeat funderspeak grant-dependency 33%
01What it does

What The Virginia College Fund does

Mission

Solicitation of public contributions on behalf of member colleges. Provides foundations, businesses, and individuals a convenient way of supporting small colleges and universities in virginia.

As stated on its FY2026 Form 990.

Program

  1. Distributions of public contributions to member colleges and universities

    $571,118 spentof which $566,289 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $571,118.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($898k) Expenses 100 ($900k) Net assets -59 ($-9226)2018 Revenue 391 ($3.5M) Expenses 389 ($3.5M) Net assets -55 ($-8561)2019 Revenue 88 ($790k) Expenses 87 ($782k) Net assets -7 ($-1148)2020 Revenue 93 ($839k) Expenses 91 ($822k) Net assets 100 ($16k)2021 Revenue 59 ($533k) Expenses 60 ($542k) Net assets 47 ($7k)2022 Revenue 78 ($699k) Expenses 71 ($643k) Net assets 403 ($63k)2023 Revenue 113 ($1.0M) Expenses 76 ($682k) Net assets 2521 ($396k)2024 Revenue 66 ($595k) Expenses 45 ($406k) Net assets 3722 ($584k)2025 Revenue 21 ($192k) Expenses 24 ($219k) Net assets 3551 ($558k)2026 Revenue 5 ($43k) Expenses 67 ($601k) Net assets 0 ($0)
'17'18'19'20'21'22'23'24'25'26
Revenue (5)Expenses (67)Net assets (0)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2025 to 2026, from $558k to $0 (−100%).

$665k
$547k
$538k
$591k
$325k
$407k
$714k
$588k
$558k
$0
'17'18'19'20'21'22'23'24'25'26
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
ContributionsProgram revenueInvestmentOther

92% of THE VIRGINIA COLLEGE FUND’s revenue is contributions — more donation-reliant than the typical peer (65% for the typical peer).

This organization
Typical peer · 26,798 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 10 reported years ran a deficit.

−$3k
’17
$665
’18
$7k
’19
$17k
’20
−$8k
’21
$56k
’22
$333k
’23
$189k
’24
−$27k
’25
−$558k
’26
29
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Brad N Hall

Chair

As listed on its FY2026 Form 990.

'17'18'19'20'21'22'23'24'25'26
Listed30312927272929231920
Joined·+8+0+1+5+3+6+2+2+2
No longer listed·723516861
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 15 funders to 8 funders, grant income fell $284k → $77k.

2 of 35 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE VIRGINIA COLLEGE FUND’s funders (the co-funder graph). Top 30 of 35 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE VIRGINIA COLLEGE FUND has a broad base — no single funder exceeds 34% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

34%
largest funder
53%
top three
~6
effective funders

Largest funder’s share by year: 2017 70% · 2018 67% · 2019 54% · 2020 36% · 2021 14% · 2022 24% · 2023 33% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of THE VIRGINIA COLLEGE FUND's funders are still giving 3 years after their first grant; 66% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THE VIRGINIA COLLEGE FUND draws 53% of its grant income from funders outside Virginia, across 6 states in all.

NY
MO
VA
MD
DE
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $110k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE VIRGINIA COLLEGE FUND's revenue fell 95% between 2017 and 2026.

Operating margin−1296% · bottom quartile
Revenue growth (annualized)−29% · bottom quartile

this organization peer median middle 50% of peers· 1,015 education nonprofits under $100k, FY2026

Organizations like THE VIRGINIA COLLEGE FUND

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 3%Fundraising 2%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for THE VIRGINIA COLLEGE FUND: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE VIRGINIA COLLEGE FUND?
THE VIRGINIA COLLEGE FUND (Virginia) receives grants from 35 organizations whose IRS filings report $1,455,325 to it, the largest being SHELTON H SHORT JR TRUST ($500,000). 23 of them have funded it in more than one year.
How many funders does THE VIRGINIA COLLEGE FUND have?
IRS filings report 35 organizations giving $1,455,325 in grants to THE VIRGINIA COLLEGE FUND, 23 of which have funded it in more than one year.
Who is the largest funder of THE VIRGINIA COLLEGE FUND?
SHELTON H SHORT JR TRUST is the largest funder on record, with $500,000 in grants. The full list of funders is on this page.
How can an organization like THE VIRGINIA COLLEGE FUND find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 35 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing