Virginia · Nonprofit
VIRGINIA TECH FOUNDATION INC
VIRGINIA TECH FOUNDATION INC (Virginia) receives grants from 348 organizations whose IRS filings report $165,593,328 to it, the largest being RED GATES FOUNDATION ($22,500,000). 209 of them have funded it in more than one year. VIRGINIA TECH FOUNDATION INC administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
- Revenue FY2025
- $246M
- Funders on record
- 348
- Grants received
- $166M
- Net assets
- $2.1B
Hosts funds for others
VIRGINIA TECH FOUNDATION INC administers funds on behalf of other donors. The grants recorded as coming in are contributions into those funds, so they count custody rather than support for a programVIRGINIA TECH FOUNDATION INC runs itself. This page therefore states the flows and does not draw the comparisons it would draw for an operating charity: concentration, funder retention, grant dependency and the peer field are all left out, because each of them would read a vehicle as if it were a program.
Paid out
$446M
Recipients
5
Contributions on record
$205M
Donors on record
384
Payments out run 2.2x the contributions on record, which says the incoming side is incomplete rather than that the vehicle is unusually busy: most donors to a fund like this are individuals, who file no return for us to read.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $2.3B to $2.7B (+20%).
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.
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
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.
Chief executive
Elizabeth A Mcclanahan
Chief executive officer
Board chair
Mr William N Park
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 87 funders to 144 funders, grant income rose $6.5M → $34M.
42 of 348 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 45% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $22M from 37 payers (the payer shares this organization's board, largest Norwich University); $17M from 2 payers (an institutional transfer, not a grant programme, largest Horace G Fralin Charitable Trust). These are real filings, and they are not money VIRGINIA TECH FOUNDATION INC raised.
From the IRS filings of VIRGINIA TECH FOUNDATION INC’s funders (the co-funder graph). Top 30 of 348 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.
Where its funders are
66% of VIRGINIA TECH FOUNDATION INC's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $75M arriving through sponsors registered in 19 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.
Government funding VIRGINIA TECH FOUNDATION INC receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $3.0M on record.
- Department of Commerce$3.0M
- Department of Agriculture$32k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
71%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 15 related entities
- River Course LLC · disregarded
- Vt Technology Assets LLC · disregarded
- Vtf-Vep II LLC · disregarded
- Maroon Asia I LLC · disregarded
- Maroon US Pcc LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for VIRGINIA TECH FOUNDATION INC: 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.
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 VIRGINIA TECH FOUNDATION INC?
- VIRGINIA TECH FOUNDATION INC (Virginia) receives grants from 348 organizations whose IRS filings report $165,593,328 to it, the largest being RED GATES FOUNDATION ($22,500,000). 209 of them have funded it in more than one year. VIRGINIA TECH FOUNDATION INC administers funds for other donors, so those contributions arrive into funds it holds rather than supporting a program it runs itself.
- How many funders does VIRGINIA TECH FOUNDATION INC have?
- IRS filings report 348 organizations giving $165,593,328 in grants to VIRGINIA TECH FOUNDATION INC, 209 of which have funded it in more than one year.
- Who is the largest funder of VIRGINIA TECH FOUNDATION INC?
- RED GATES FOUNDATION is the largest funder on record, with $22,500,000 in grants. The full list of funders is on this page.
- How can an organization like VIRGINIA TECH FOUNDATION INC 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 FY2025 (financials across 2017–2025), and the filings of 348 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 22, 2026. What this page cannot tell you · view filing