Vmi Foundation

Fiscal year ending 2025. Filed on November 14, 2025.

PO Box 932
Lexington, Virginia 24450

Vmi Foundation (EIN: 54-0505966) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2025 IRS Form 990 filing, Vmi Foundation, a 501(c)(3) charitable organization, reported compensation for 7 out of 29 total employees. Among the employees shown here, the average compensation is $175,685. The highest compensated employee at Vmi Foundation is David L Prasnicki with fiscal year 2025 compensation of $298,915.

Revenue, expenses, and employee compensation

Revenue

$26,717,885

Expenses

$28,632,189

Employee compensation

$1,682,784
Revenue, expenses, and employee compensation over time

Mission Statement

FOR THE ADVANCEMENT, PROMOTION, ENCOURAGEMENT, WELFARE AND PROGRESS OF VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED COLLEGE, AND ADVANCEMENT, WELFARE AND PROGRESS OF THE VMI ALUMNI ASSOCIATION, WHO ALSO SUPPORTS VMI IN CONJUNCTION WITH ALUMNI RELATIONS TO FURTHER SUPPORT.

Revisions to this organization profile

November 14, 2025:
2025 Vmi Foundation 990 filed
November 15, 2024:
2024 Vmi Foundation 990 filed
November 15, 2023:
2023 Vmi Foundation 990 filed

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