Skip to content
Nonprofiteer
← VIRGINIA WESTERN COMMUNITY COLLEGE EDUCATIONAL FOUNATION INC

Form 990 for tax year 2023

Filed by VIRGINIA WESTERN COMMUNITY COLLEGE EDUCATIONAL FOUNATION INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 15 May 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$3,880,373 changed to $2,414,425
Total expenses
$2,655,386 changed to $1,596,124
Contributions and grants received
$3,310,731 changed to $1,721,832
Grants paid
$1,869,922 changed to $925,511
Investment income
$569,535 changed to $692,593
Other revenue
$107 changed to $0
Total assets, end of year
$31,325,274 changed to $34,569,671
Total liabilities, end of year
$87,381 changed to $176,325
Net assets or fund balances, end of year
$31,237,893 changed to $34,393,346
Program services expenses
$2,176,306 changed to $1,187,956
Management and general expenses
$331,170 changed to $358,711
Fundraising expenses
$147,910 changed to $49,457
Program service expenses (Part III)
$2,176,306 changed to $1,187,956

Listed only on the earlier return

  • John R Francis

Listed only on the later return

  • Dr Craig Ramey
  • Mr Jamal Milner
  • Mr John Dlugar
  • Ms Angela S Penn

Totals

Total revenue
$3,880,373
Total expenses
$2,655,386
Contributions and grants received
$3,310,731
Grants paid
$1,869,922
Program service revenue
$0
Investment income
$569,535
Other revenue
$107
Total assets, end of year
$31,325,274
Total liabilities, end of year
$87,381
Net assets or fund balances, end of year
$31,237,893
Program services expenses (Part IX)
$2,176,306
Management and general expenses
$331,170
Fundraising expenses
$147,910
Program service expenses (Part III)
$2,176,306

Program services were 82.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,310,731

  • 3 · Investment income

    total $729,308 · excluded $729,308

  • 7b · Less cost or other basis and sales expenses

    securities $159,773

  • 7c · Gain or loss

    securities -$159,773

  • 7d · Net gain or loss

    total -$159,773 · excluded -$159,773

  • 11a · Other revenue: CHANGE IN CASH SURRENDER VALUE OF

    total $107 · excluded $107

  • 11e · Other revenue, total

    $107

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,869,922 · program services $1,869,922

  • 5 · Compensation of officers, directors and key employees

    total $25,000 · fundraising $25,000

  • 11b · Fees: legal

    total $6,578 · management and general $6,578

  • 11c · Fees: accounting

    total $81,508 · management and general $81,508

  • 11f · Fees: investment management

    total $68,292 · management and general $68,292

  • 11g · Fees: other

    total $98,800 · fundraising $98,800

  • 12 · Advertising and promotion

    total $25,785 · management and general $12,472 · fundraising $13,313

  • 13 · Office expenses

    total $69,066 · program services $44,941 · management and general $13,378 · fundraising $10,747

  • 17 · Travel

    total $2,765 · management and general $2,765

  • 23 · Insurance

    total $31,989 · management and general $31,989

  • 24a · Other expenses: PLANNED GIVING

    total $171,773 · program services $171,773

  • 24b · Other expenses: REIMBURSEMENT OF SALARI

    total $93,020 · management and general $93,020

  • 24c · Other expenses: GRANT EXPENDITURES

    total $63,891 · program services $63,891

  • 24d · Other expenses: MISCELLANEOUS OTHER EXP

    total $46,947 · program services $25,779 · management and general $21,168

  • 24e · All other expenses

    total $50 · fundraising $50

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $612,408 · end of year $335,301

  • 3 · Pledges and grants receivable

    beginning of year $519,831 · end of year $372,739

  • 9 · Prepaid expenses and deferred charges

    beginning of year $30,578 · end of year $36,158

  • 10a · Land, buildings and equipment: cost or other basis

    $89,785

  • 10b · Land, buildings and equipment: accumulated depreciation

    $89,785

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $24,543,063 · end of year $30,491,827

  • 15 · Other assets

    beginning of year $63,685 · end of year $89,249

  • 17 · Accounts payable and accrued expenses

    beginning of year $157,138 · end of year $87,381

  • 27 · Net assets without donor restrictions

    beginning of year $2,876,122 · end of year $3,374,801

  • 28 · Net assets with donor restrictions

    beginning of year $22,736,305 · end of year $27,863,092

Mission and programs · 2023

Mission

THE VIRGINIA WESTERN COMMUNITY COLLEGE EDUCATIONAL FOUNDATION, INC., IS AN INDEPENDENT NOT-FOR-PROFIT FOUNDATION DEDICATED TO ENHANCING COMMUNITY AWARENESS OF THE COLLEGE; SECURING PRIVATE AND PUBLIC FUNDS FOR STUDENT SCHOLARSHIPS, FACULTY DEVELOPMENT AND CAPITAL PROJECTS; AND PROVIDING PRUDENT FISCAL MANAGEMENT OF MONIES AND PROPERTIES SUBMITTED TO THE FOUNDATION.

Activities or mission (Part I)

TO AWARD SCHOLARSHIPS AND GRANTS TO THE STUDENTS OF VIRGINIA WESTERN COMMUNITY COLLEGE, AND TO PROVIDE FUNDING IN SUPPORT OF A VARIETY OF THE COLLEGE'S ACADEMIC AND VOCATIONAL PROGRAMS.

  • PROVIDE SCHOLARSHIPS, GRANTS, AND PROGRAM SUPPORT TO STUDENTS, FACULTY, AND ACADEMIC DEPARTMENTS OF VIRGINIA WESTERN COMMUNITY COLLEGE. THE FOUNDATION ADMINISTERS APPROXIMATELY 84 ENDOWED AND 77 NON-ENDOWED SCHOLARSHIP GRANT FUNDS. THE EXPENSE TOTALS DO NOT INCLUDE THE VALUE OF DONATED STAFF OF $422,895, DONATED FACILITIES OF $19,874 AND OTHER SERVICES OF $2,147.

    Expenses $2,176,306 · Grants $1,869,922

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dr Robert H Sandel

    COLLEGE PRESIDENT

    Total calculated
    $308,156
    From this org
    $25,000
    From related orgs
    $258,197
    Other
    $24,959
    Hours/week
    4 + 40 related

    Schedule J breakdown matched by us

    Base
    $25,000 + $247,087 related
    Bonus
    $0
    Other
    $0 + $11,110 related
    Deferred
    $0 + $24,959 related
    Nontaxable benefits
    $0
    Filer's total
    $25,000 + $283,156 related

  • Deborah L Petrine

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Russ Ellett

    BOARD VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Chris Carey

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Tammy Moss Finley

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • William J Farrell II

    IMMEDIATE PAST CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • John R Francis

    LOCAL BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Barton J Wilner

    COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • J David Wine

    COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • W Heywood Fralin

    COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Edwin C Hall

    COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Nicholas F Taubman

    EX-OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • Kenneth J Belton

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Abney S Boxley III

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Nicholas C Conte

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • David Dantzler

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Christopher Desimone Esq

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Scott Graeff

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Leon P Harris

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joseph Hoff

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Frederick James Jr

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Stephen Lemon

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • George W Logan

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Mark R Pace

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Andrew J Parker

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kirtesh D Patel

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • J Kenneth Randolph

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Katherin Elam

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Neil D Wilkin Jr

    AT LARGE MEMBER

    Total calculated
    $0
    Hours/week
    1

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, and on a Form 990-PF Part VIII's — 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

None.

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

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • VIRGINIA WESTERN COMMUNITY COLLEGE

    115 · STATE COMMUNITY COLLEGE · VA

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.1
Source object
202413199349314241

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

The source document this was parsed from is served over the API, which is where bulk and document access live.