University Of Virginia Darden School Foundation

Organization Overview

University Of Virginia Darden School Foundation is located in Charlottesville, VA. The organization was established in 2018. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, University Of Virginia Darden School Foundation employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Virginia Darden School Foundation 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 06/2021, University Of Virginia Darden School Foundation generated $80.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $50.1m during the year ending 06/2021. While expenses have increased by 0.5% per year over the past 6 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, University Of Virginia Darden School Foundation has awarded 21 individual grants totaling $150,407,961. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

THE FOUNDATION MANAGES ENDOWMENT FUNDS FOR THE EXCLUSIVE BENEFIT OF THE DARDEN SCHOOL, OPERATES TOP-RANKED EXECUTIVE EDUCATION PROGRAMS, MANAGES HOSPITALITY SERVICES AT THE SCHOOL'S GOODWIN FAMILY GROUNDS AND SANDS FAMILY GROUNDS LOCATIONS, AND PROMOTES PHILANTHROPIC LIFE-LONG SUPPORT OF THE SCHOOL BY ALUMNI, FRIENDS AND CORPORATIONS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Univ Of Va Investment Management C
Investment Mgmt.
$859,371
Flik International Corporation
Management Fees
$320,065
Gibson Dunn Crutcher Llp
Legal Services
$320,073
Stephen Michael Vardell
Project Management
$194,625
Martin N Davidson
Teaching Services
$218,250
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,902,600
All other contributions, gifts, grants, and similar amounts not included above$32,936,649
Noncash contributions included in lines 1a–1f $3,670,307
Total Revenue from Contributions, Gifts, Grants & Similar$34,839,249
Total Program Service Revenue$19,587,862
Investment income $236,958
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $25,659,953
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $80,428,705

Grants Awarded

Over the last fiscal year, University Of Virginia Darden School Foundation has awarded $49,042,768 in support to 6 organizations.

Grant RecipientAmount

UNIVERSITY OF VIRGINIA DARDEN SCHOOL OF BUSINESS

Org PageRecipient Profile

Charlottesville, VA

PURPOSE: see part iv

$24,040,768

UNIVERSITY OF VIRGINIA DARDEN SCHOOL OF BUSINESS

Org PageRecipient Profile

Charlottesville, VA

PURPOSE: see part iv

$24,040,768

UNIVERSITY OF VIRGINIA CURRY SCHOOL OF EDUCATION

Org PageRecipient Profile

Charlottesville, VA

PURPOSE: See part IV

$240,308

UNIVERSITY OF VIRGINIA DARDEN SCHOOL OF BUS

Org PageRecipient Profile

Charlottesville, VA

PURPOSE: see part iv

$240,308

UNIVERSITY OF VIRGINIA DARDEN SCHOOL OF BUS

Org PageRecipient Profile

Charlottesville, VA

PURPOSE: see part iv

$240,308

UNIVERSITY OF VIRGINIA CURRY SCHOOL OF EDUCATION

Org PageRecipient Profile

Charlottesville, VA

PURPOSE: See part IV

$240,308
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 29 grants that University Of Virginia Darden School Foundation has recieved totaling $4,942,269.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$2,625,435
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$898,519
$252,200
$192,600
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$126,500
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$122,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$415,386,731
Earnings$163,942,942
Admin Expense$697,715
Net Contributions$18,048,648
Grants$25,159,998
Ending Balance$571,520,608

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