Virginia Student Aid Foundation
Virginia Student Aid Foundation
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About this organization
Mission
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.
About
The foundation's primary purpose is to provide scholarships and academic affairs support for student athletes. Each year, more than 8,700 donors to the foundation, including former student-athletes, parents, alumni, fans, and businesses who recognize the value of the intercollegiate athletics experience at the University of Virginia, enthusiastically provide support in a variety of ways. Through its fund-raising efforts, the foundation provides the maximum funding for all 316.6 scholarships allowed for the teams sanctioned by the NCAA at the university. Today, there are approximately 750 student-athletes participating in 27 intercollegiate programs at the university.
Interesting data from their 2019 990 filing
The non-profit's aim, as indicated in the filing, is “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.”.
When referring to its functions, they were specified as: “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.”.
- The non-profit has reported their operating state as VA, as required by law.
- As stated in the filing, the non-profit's address in 2019 was PO BOX 400833, CHARLOTTESVILLE, VA, 229044833.
- The non-profit's form reports a total of 26 employees as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$7,759,065.
- The organization has 22 independent voting members.
- The organization was formed in 1949.
- The organization pays $2,443,329 in salary, compensation, and benefits to its employees.
- The organization pays $2,356,466 in fundraising expenses.
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