Program areas at VAF
The Foundation's primary purpose is to provide funding for scholarships and academic affairs support for Student athletes. In 2023, more than 9,500 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 25 of the 27 teams sanctioned by the ncaa at the university. Scholarships for the men's and women's squash teams are funded by a university endowment provided by a generous donor. Today, there are approximately 750 student-athletes participating in 27 intercollegiate programs at the university.
The Foundation provides informational services to its members and to the general public. In addition, it provides ancillary support to the Athletics programs of the university of Virginia.
The Foundation raises funds on behalf of the university of Virginia to finance the renovation of existing Athletics facilities and the construction of new Athletics facilities as identified and approved by the university. The Foundation also provides funding to enhance the operational budgets of various sports at the university. These costs are determined in coordination with the university Athletics department in identifying strategic opportunities. Additionally, donations made to the friends of program are designated by donors to specific sports among the 14 women's and 13 men's varsity sports at the university.
Who funds Virginia Athletics Foundation (VAF)
Grants from foundations and other nonprofits
Personnel at VAF
Name | Title | Compensation | Date of data |
---|
Todd Kersey | Chief Operating Officer | | 2023-05-04 |
Donna G Mahan | Chief Financial Officer | $161,390 | 2023-09-27 |
Dirk Katstra | Executive Director | $359,613 | 2023-05-04 |
Nicki Deuel | Director of Marketing and Communications | | 2023-05-04 |
Emily Wayland | Director of the Annual Fund | | 2022-02-16 |
...and 9 more key personnel |
Financials for VAF
Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
---|
Total grants, contributions, etc. | $57,560,083 | $43,708,164 | 31.7% |
Program services | $1,404,349 | $1,074,748 | 30.7% |
Investment income and dividends | $514,393 | $179,090 | 187.2% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $146,381 | $222,000 | -34.1% |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $19,237 | $559 | 3341.3% |
Net income from fundraising events | $72,265 | $6,434 | 1023.2% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $0 | $0 | - |
Total revenues | $59,716,708 | $45,190,995 | 32.1% |
Organizations like VAF
Organization | Type | Location | Revenue |
---|
Tiger Athletic Foundation | 501(c)(3) | Baton Rouge, LA | $81,851,504 |
Razorback Foundation | 501(c)(3) | Fayetteville, AR | $44,580,109 |
Astros Golf Foundation | 501(c)(3) | Houston, TX | $28,837,644 |
Valleywise Health Foundation | 501(c)(3) | Phoenix, AZ | $18,351,348 |
University of Louisiana Lafayette Foundation | 501(c)(3) | Lafayette, LA | $22,985,201 |
Unc Health Foundation | 501(c)(3) | Chapel Hill, NC | $57,795,670 |
Boise State University Foundation | 501(c)(3) | Boise, ID | $40,142,108 |
The Luzerne Foundation | 501(c)(3) | Wilkes Barre, PA | $20,972,961 |
The Foundation for Indiana University of Pennsylvania | 501(c)(3) | Indiana, PA | $19,759,089 |
Montana Tech Foundation | 501(c)(3) | Butte, MT | $43,480,742 |
Data update history
October 21, 2024
Used new vendors
Identified 1 new vendor, including
November 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsSports organizationsCharities
Issues
EducationHuman servicesSports
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
- Address
- PO Box 400833
- Charlottesville, VA 22904
- Metro area
- Charlottesville, VA
- County
- Albemarle County, VA
- Website URL
- virginiaathleticsfoundation.com/Â
- Phone
- (434) 982-5555
- Facebook page
- VirginiaAthleticsFoundationÂ
- Twitter profile
- @uva_vafÂ
IRS details
- EIN
- 54-0517188
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1949
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- N40: Sports Training Facilities, Agencies
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current - Awaiting Reporting
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0148720
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2024-10-16
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