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Virginia Commonwealth University School of Business Foundation

Public charity990-T FY2023
DBA: % VCU SCHOOL OF BUSINESS
Other · RICHMOND, VA · EIN 20-2661802

About

The mission of the foundation is to assist, support and foster the activities and mission of the school of business at virginia commonwealth university. It solicits, manages and distributes assets to benefit programs in the school of business. It also OWNS property which is leased to virginia commonwealth university to be used for school of business classes and activities.

In care of VCU School of Business

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2023-06-30
Revenue
$5.7M
Expenses
$6.7M
Assets
$85.7M
Liabilities
$29.0M

Financial history

$13.9M$7.0M$0
17181920212223
RevenueExpenses
Latest FY2023: $5.7M · Peak FY2019: $13.9M · Avg: $8.5M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$626K
VIRGINIA COMMONWEALTH UNIVERSITY SCHOOL OF BUSINESS FOUNDATION
Your actions

Address

301 W Main ST
Richmond, VA, 23284-905

Governance

Voting board members32
Independent members32
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Financial detail (Schedule D)

Board-designated %34.8%
Permanent endowment %44.7%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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