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Nonprofiteer
← VIRGINIA FOUNDATION FOR INDEPENDENT COLLEGES

Form 990 for tax year 2022

Filed by VIRGINIA FOUNDATION FOR INDEPENDENT COLLEGES.

Totals

Total revenue
$2,321,318
Total expenses
$3,465,527
Contributions and grants received
$2,318,889
Grants paid
$2,074,295
Program services expenses (Part IX)
$2,616,595
Management and general expenses
$570,859
Fundraising expenses
$278,073
Program service expenses (Part III)
$2,616,595

Program services were 75.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • A MARSHALL ACUFF JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • NANCY HOWELL AGEE

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • GEORGE F ALBRIGHT JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN C ASBURY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • FRANK BATTEN JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GEORGE Y BIRDSONG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • VICTOR K BRANCH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CHARLES L CABELL ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN M CAMP III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • VICTOR O CARDWELL ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • THEODORE L CHANDLER JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • C LYNCH CHRISTIAN III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN R CLARK III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • PETER A CONVERSE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • RICHARD CULLEN ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN MCNAMARA CURTIS SR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BEVERLY E DALTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • RUSS ELLET

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • LAUREN FISHER WHITE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CALVIN W FOWLER JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GEORGE C FREEMAN III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • PALMER P GARSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • THOMAS E GOODE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BRAD N HALL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • H HITER HARRISS III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • PAUL T HENGST

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GEORGE C HOWELL III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARTIN KENT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • C BURKE KING

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • ESTHER C LEE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CHARLES S LUCK IV

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CRAIG L MASSEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • W SHEPPARD MILLER III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • T JUSTIN MOORE III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • THURSTON R MOORE ESQ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SPENCER W MORTEN III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM L MURRAY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARK G MYKITYSHYN PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BERNARD A NEIMEIER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DANIEL J O'NEILL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM L PANNILL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • L ALLAN PARROTT JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CHARLOTTE PORTERFIELD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BRIAN W QUIGLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • THOMAS L RANSOM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • CARTER V REID

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • H MCGUIRE RILEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • STEWART D ROBERSON EDD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • THOMAS D RUTHERFOORD JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARY G SHOCKEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GARY R SHOOK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • J KNOX SINGLETON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BRIAN K SKINNER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ROBERT H SPILMAN JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • HUGH E TAYLOR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • BENITA THOMPSON-BYAS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • GARY R THOMSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM R VAN BUREN III ESQ

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1
  • KEITH D VANDERVENNET

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARY ALLEN WALLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARGARET G WARNER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JAMES C WHEAT III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN H WICK IV

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MICHAEL WITYNSKI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • R SACKETT WOOD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • IRMA BECERRA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DAVID W BUSHMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM C DUDLEY

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • TRACY FITZSIMMONS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KEVIN F HALLOCK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • PAMELA FOX

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • KEVIN F HALLOCK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARY DANA HINTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ROBERT R LINDGREN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • HAKIM LUCAS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SCOTT D MILLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • SUE OTT ROWLANDS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • ALISON MORRISON-SHETLAR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • FRANK SHUSHOK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JEFFREY P STEIN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • J LAWRENCE STIMPERT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • JOHN W WELLS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • DARYL WILLIAMS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MEREDITH WOO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • MARY-BETH JOHNSON

    CHIEF OPERATING OFFICER

    Total calculated
    $190,400
    From this org
    $151,100
    From related orgs
    $0
    Other
    $39,300
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $149,382
    Bonus
    $1,718
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $39,300
    Filer's total
    $190,400
  • MATTHEW SHANK

    PRESIDENT

    Total calculated
    $332,498
    From this org
    $280,708
    From related orgs
    $0
    Other
    $51,790
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $280,708
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $51,790
    Filer's total
    $332,498

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
18 March 2024
IRS schema version
2022v5.0
Source object
202430799349300933

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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