Fondazione Ut Prosim is located in Blacksburg, VA. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fondazione UT Prosim is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT AND MANAGEMENT OF CULTURAL, RESEARCH, ACADEMIC, AND OUTREACH ACTIVITIES IN CONNECTION WITH THE VIRGINIA TECH FOUNDATION, INC AND THE VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Mitchell Board Member | 1 | $0 | |
Sara Louise Borella-Steinert Board Member | 1 | $0 | |
Catherine Potter Board Member | 1 | $0 | |
Dwayne Pinkney Board Member | 1 | $0 | |
Elizabeth A Mcclanahan Chairman | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,085 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $111,085 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $46,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,688 |
| Total expenses | $88,938 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,580 |
| Other assets | $0 |
| Total assets | $154,580 |
| Total liabilities | $74,345 |
| Net assets or fund balances | $80,235 |