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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Virginia Student Aid Foundation Inc.

Virginia Student Aid Foundation Inc.

Fiscal year ending 2023. Filed on September 16, 2024.

PO Box 400833
Charlottesville, Virginia 22904

Virginia Student Aid Foundation Inc. (EIN: 54-0517188), also known as Virginia Athletics Foundation, has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2023 IRS Form 990 filing, Virginia Student Aid Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 9 out of 30 total employees. Among the employees shown here, the average compensation is $194,936. The highest compensated employee at Virginia Student Aid Foundation Inc. is Dirk P Katstra with fiscal year 2023 compensation of $293,943.

Revenue, expenses, and employee compensation

Revenue

$59,716,708

Expenses

$48,928,927

Employee compensation

$3,280,841
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Dirk P Katstra
EXEC Director, Sec/Treas
$293,943
$282,203 No related comp$11,740
Michael T Kersey
Chief Operating Officer
$248,910
$207,510 No related comp$41,400
Donna G Mahan
Chief Financial Officer
$213,950
$175,173 No related comp$38,777
Heather L Troudt
Senior Major Gifts Officer
$197,616
$177,778 No related comp$19,838
Kevin J Miller
EXEC Director, Sec/Treas
$173,901
$163,886 No related comp$10,015
Ryan P Weigand
Senior Director of Development
$158,898
$127,624 No related comp$31,274
Jeffrey B Ford
Associate Director
$158,500
$140,215 No related comp$18,285
Robert G Schmalz
Associate Director
$156,730
$139,605 No related comp$17,125
Drew M Ossakow
Senior Major Gifts Officer
$151,975
$129,941 No related comp$22,034

Benchmark Employee Compensation

Non-Employee Board Members

A Wellford Tabor
Trustee
Andrew S Peskin
Trustee
Barry L Parkhill
Trustee
Carla G Williams
Trustee
Charles R Birdsong
Trustee
Christopher A Harrison
Trustee
Craig W Packer
Trustee
Edmund N Durden
Trustee
Franklin S Edmonds Jr
President and Trustee
Herman Moore
Trustee
Jill Royster
Trustee
Juliana Schulte O'Reilly
Former President and Trustee

Contractors

University of Virginia Investment Mngt
Investment Management
$208,194
Card Connect
Credit Card Processor
$187,469
Korn Ferry
Executive Search
$168,445
Coman Publishing CO
Publications
$124,110

Mission Statement

THE VIRGINIA ATHLETICS FOUNDATION, THROUGH ITS FUND-RAISING EFFORTS, STRIVES TO SUPPORT A PREEMINENT INTERCOLLEGIATE ATHLETICS PROGRAM AT THE UNIVERSITY OF VIRGINIA BY PROVIDING STUDENT-ATHLETES THE OPPORTUNITY TO ACHIEVE ACADEMIC AND ATHLETIC EXCELLENCE.

Revisions to this organization profile

September 13, 2025:
2024 Virginia Student Aid Foundation Inc. 990 filed
September 16, 2024:
2023 Virginia Student Aid Foundation Inc. 990 filed
September 27, 2023:
2022 Virginia Student Aid Foundation Inc. 990 filed

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