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VIRGINIA TECH FOUNDATION INC

VIRGINIA TECH FOUNDATION INC

Blacksburg, VA, US
501(c)3
EIN
54-0721690
funder logo

VIRGINIA TECH FOUNDATION INC

Blacksburg, VA, US
501(c)3
EIN
54-0721690

Overview

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Est.

1948

Fiscal Year Start

Jul 1

Organization Type

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Grantmaker

AI Summary

The Virginia Tech Foundation Inc is a 501(c)(3) grantmaking organization that operates on a relationship-based engagement model and does not accept unsolicited proposals. Grants are made by invitation only, emphasizing the importance of established connections in their funding process. Nonprofits interested in exploring potential pathways for engagement can utilize warm-introduction opportunities through Impala's Funder Prospecting.

Mission Statement

VIRGINIA TECH FOUNDATION, INC. (VTF) IS A NONSTOCK CORPORATION ESTABLISHED IN 1948 (SEE SCHEDULE O) FOR THE SOLE PURPOSE OF MANAGING VIRGINIA TECH'S ENDOWMENT AND REAL ESTATE PORTFOLIO. 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.
Total Funding Given

$97.2M

2024
Grantees funded
2
Multi-year grantees
0%
Funding by Year
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Total No. of Grants

6

Median 1st year grant
$20K
Median 2nd year grant
N/A
M
MS Anne B Keeler
Board Member
M
MS Tammy Costigan
Board Member
M
MR Kenneth S Smith
Board Member

Frequently Asked Questions

Can I submit an unsolicited grant proposal to VIRGINIA TECH FOUNDATION INC?
No. VIRGINIA TECH FOUNDATION INC does not accept unsolicited proposals. Funding is by invitation only.
Where does VIRGINIA TECH FOUNDATION INC give?
VIRGINIA TECH FOUNDATION INC primarily gives to organizations located in Virginia, Arizona, and New York. These states represent the largest share of the foundation’s grantmaking by dollars awarded. Additional geographic details are available to registered users.
What size are VIRGINIA TECH FOUNDATION INC’s grants?
The largest share of grants from VIRGINIA TECH FOUNDATION INC fall in the above $10 million range. The median first-year grant is about $20 thousand. More detailed grant size data is available to registered users.
How many grants does VIRGINIA TECH FOUNDATION INC make each year?
In 2024, VIRGINIA TECH FOUNDATION INC awarded about 6 grants, totaling nearly $97.2 million. More detailed grant metrics are available to registered users.
Who did VIRGINIA TECH FOUNDATION INC fund recently?
In 2024, VIRGINIA TECH FOUNDATION INC awarded grants to about 2 grantees. Recent grantees include AZCMS Cares Foundation and Fordham University. More detailed information on all recent recipients is available to registered users.
How do we apply to VIRGINIA TECH FOUNDATION INC?
VIRGINIA TECH FOUNDATION INC does not accept unsolicited proposals. Funding is by invitation only.
Overview
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