VIRGINIA STATE UNIVERSITY FOUNDATION

PETERSBURG, VA, 23806 (804) 524-5215 Est. 1968 EIN 54-6074532

B11 - Single Organization Support 990 - Public charity return 501(c)(3)

foundation.vsu.edu

Mission

TO SUPPORT THE MISSION OF VIRGINIA STATE UNIVERSITY BY RECEIVING, MANAGING AND DISTRIBUTING DONATIONS AND CONTRIBUTIONS THAT AID IN THE ENHANCEMENT AND GROWTH OF THE UNIVERSITY.

Financials

Total Revenue

$5,580,396

Total Expenses

$2,971,349

Net Assets

$38,159,768

2 employees 26 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

10+ years Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 21.0%

Expenses ↓ 13.7%

Revenue Sources

Contributions 73.5% Investment 26.5%

Expense Breakdown

Program 81.5% Management 18.5%

Officers & Key Employees (24)

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Grants Received (168)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$5,580,396 ↑	$2,971,349	$38,159,768
2023 990 - Public charity return Jul 1, 2023 to Jun 30, 2024	$4,611,259 ↓	$3,442,992	$33,219,133
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$5,186,926 ↑	$2,734,753	$29,819,622
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$4,393,072 ↓	$1,889,084	$24,683,344
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$5,931,802 ↑	$1,458,999	$26,376,995
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$1,444,442	$1,514,693	$19,698,296