Compensation 990

Virginia Tech Foundation Inc.

Fiscal year ending 2017. Filed on May 10, 2018.

902 Prices Fork Road Suite 4000
Blacksburg, Virginia 24061

Virginia Tech Foundation Inc. (EIN: 54-0721690) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2017 IRS Form 990 filing, Virginia Tech Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 106 total employees. Among the employees shown here, the average compensation is $382,011. The highest compensated employee at Virginia Tech Foundation Inc. is Dr Timothy D Sands with fiscal year 2017 compensation of $832,530.

Revenue, expenses, and employee compensation

Revenue

$225,629,111

Expenses

$124,220,399

Employee compensation

$4,482,190
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

＋3.7%vs 2016
Dr Timothy D Sands
Board Member
$832,530
$0 from org$537,884 from related$294,646 other
＋83.5%vs 2016
Charles D Phlegar
Executive Vice President
$775,551
$0 from org$655,023 from related$120,528 other
－4.1%vs 2016
Daniel Ward
Investments Director
$533,348
$509,127 from orgNo related comp$24,221 other
New in 2017
M Dwight Shelton Jr
Executive Vice President
$397,671
$0 from org$331,915 from related$65,756 other
－2.2%vs 2016
Dr John E Dooley
CEO and Secretary Treasurer
$376,259
$361,950 from orgNo related comp$14,309 other
＋3.7%vs 2016
John Cusimano
University Treasurer
$335,030
$46,019 from org$239,986 from related$49,025 other
－0.4%vs 2016
Ebenhard Stoddard
Senior Investment Analyst
$231,445
$207,801 from orgNo related comp$23,644 other
－6.4%vs 2016
Kevin Sullivan
AVP for Admin and GEN Counsel
$220,810
$197,000 from orgNo related comp$23,810 other
－2.3%vs 2016
Terri T Mitchell
AVP for Admin and Controller
$202,034
$192,533 from orgNo related comp$9,501 other
New in 2017
Bryan Boehling
Senior Investment Analyst
$153,090
$123,423 from orgNo related comp$29,667 other
－2.2%vs 2016
Jacob Hardwick
Director of GOLF Operations
$144,348
$123,850 from orgNo related comp$20,498 other

Non-Employee Board Members

Brandon D Perry
Board Member
Darrell D Martin
Board Member
David L Calhoun
Board Member
Deborah A Koller
Board Member
Dennis A Duncan
Board Member
Dr A Carole Pratt
Board Member
Dr Amy B Hayes
Board Member
Fay H Street
Board Member
George B Clarke IV
Board Member
Gregory J Herrema
Board Member
James A Pearson
Board Member
James L Chapman IV
Board Member

Mission Statement

VIRGINIA TECH FOUNDATION, INC. (VTF) IS A NONSTOCK CORPORATION ESTABLISHED IN 1948 FOR THE SOLE PURPOSE OF MANAGING VIRGINIA TECH'S ENDOWMENT AND REAL ESTATE PORTFOLIO, NOW VALUED AT $2.8 BILLION. VTF EXISTS AND OPERATES AS A SEPARATE, INDEPENDENT ENTITY WITH ITS OFFICERS AND GOVERNING BOARD-MANAGING, INVESTING, AND DISTRIBUTING PRIVATE RESOURCES TO ADVANCE VIRGINIA TECH'S MISSION AND ITS STRATEGIC PROPRIETIES.

Revisions to this organization profile

May 15, 2024:
2023 Virginia Tech Foundation Inc. 990 filed
May 15, 2023:
2022 Virginia Tech Foundation Inc. 990 filed
May 13, 2022:
2021 Virginia Tech Foundation Inc. 990 filed

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