College Foundation Of The University Of Virginia

Organization Overview

College Foundation Of The University Of Virginia is located in Charlottesville, VA. The organization was established in 2001. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, College Foundation Of The University Of Virginia employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. College Foundation Of The University Of Virginia is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, College Foundation Of The University Of Virginia generated $51.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $21.4m during the year ending 06/2022. While expenses have increased by 0.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, College Foundation Of The University Of Virginia has awarded 21 individual grants totaling $110,623,035. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FUNDRAISING TO SUPPORT THE COLLEGE AND GRADUATE SCHOOL OF ARTS & SCIENCES AT THE UNIVERSITY OF VIRGINIA, BY RAISING FUNDS AND BY PROVIDING EXCELLENCE AND JEFFERSONIAN DISTINCTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEPARTMENTAL SUPPORT - FUNDING TO SUPPORT COURSES, ACADEMIC INNOVATION, AND INSTRUCTIONAL NEEDS OF THE SCHOOL'S ACADEMIC DEPARTMENTS AND INTERDISCIPLINARY PROGRAMS. THIS SUPPORT ASLO INCLUDES FUNDING FOR THE UNRESTRICTED USE BY THE DEAN OF THE COLLEGE AND GRADUATE SCHOOL OF ARTS & SCIENCES. GIFTS TO THE ANNUAL FUND ALLOW THE DEAN TO ADDRESS THE MOST PRESSING NEEDS AND PROMISING OPPORTUNITIES RELATED TO THE 11,458 UNDERGRADUATES AND 1,474 GRADUATE STUDENTS IN THE ARTS AND SCIENCES.


FACULTY EXCELLENCE - FUNDING TO SUPPORT THE EMINENT PROFESSORS INTHE ACADEMIC DISCIPLINES OF ARTS & SCIENCES. EXPENDITURESSUPPORT CUTTING EDGE RESEARCH AND COMPETITIVE COMPENSATION FOR THE APPROXIMATELY 600 SCHOLARS OF THE COLLEGE AND GRADUATE SCHOOL OF ARTS & SCIENCES FACULTY. GIFTS DIRECTED TO SUPPORT THE FACULTY ENSURE THAT THE COLLEGE AND GRADUATE SCHOOL OF ARTS & SCIENCES OUTSTANDING CLASSROOM INSTRUCTION CAN CONTINUE.


STUDENT SCHOLARSHIPS, FELLOWSHIPS, AND OTHER PROGRAMS - INCLUDESFUNDING FOR UNDERGRADUATE SCHOLARSHIPS, GRADUATE FELLOWSHIPS,SPECIAL LECTURES, ADVISING, STUDENT RESEARCH, SCHOLARLY AWARDS,AND OTHER STUDENT SUPPORT FOR THE COLLEGE AND GRADUATE SCHOOL OF ARTS & SCIENCES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Uva Alumni Association
Professional Fees
$125,294
Advancement Services Llc
Execute The Annual Giving Campaign
$245,448
Uvimco
Investment Mgmt
$406,333
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $608,303
All other contributions, gifts, grants, and similar amounts not included above$50,426,686
Noncash contributions included in lines 1a–1f $8,441,624
Total Revenue from Contributions, Gifts, Grants & Similar$51,034,989
Total Program Service Revenue$0
Investment income $12,621
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,482
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $51,045,128

Grants Awarded

Over the last fiscal year, College Foundation Of The University Of Virginia has awarded $14,545,157 in support to 2 organizations.

Grant RecipientAmount

UNIVERSITY OF VIRGINIA

Org PageRecipient Profile

Charlottesville, VA

PURPOSE: STUDENT AND PROGRAM SUPPORT

$14,069,100

JEFFERSON SCHOLARS FOUNDATION

Org PageRecipient Profile

Charlottesville, VA

PURPOSE: SUPPORT FOR GRADUATE STUDENTS

$476,057
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 32 grants that College Foundation Of The University Of Virginia has recieved totaling $2,203,256.

Awarding OrganizationAmount
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: SUPPORTING THE COLLEGE AND GRADUATE SCHOOL OF ARTS & SCIENCES

$500,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$327,050
Community Foundation Of Greater Greensboro Inc

Greensboro, NC

PURPOSE: GENERAL SUPPORT

$200,500
The Community Foundation Of Greater Birmingham

Birmingham, AL

PURPOSE: GENERAL SUPPORT

$120,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$115,797
Dechomai Foundation Inc

Jacksonville, FL

PURPOSE: unrestricted

$103,132
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$183,568,097
Earnings-$10,373,247
Admin Expense$413,003
Net Contributions$21,423,741
Grants$4,434,307
Ending Balance$189,771,281

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