Virginia Tech Foundation Inc
Blacksburg, VA · EIN 54-0721690 · Education · Rank 2,553 by total revenue
Virginia tech foundation, inc. (vtf) is a virginia nonstock corporation (see schedule o) established in 1948 for the sole purpose of managing virginia tech's endowment. vtf also manages an extensive real estate portfolio. vtf exists and operates as a separate, independent entity with its own officers and governing board to manage, invest, and distribute private resources to advance virginia tech's mission and its strategic priorities.
Money, Form 990 for tax year 2024
- Total revenue
- $245,697,159
- Total expenses
- $205,689,294
- Total assets
- $3,143,485,820
- Salary base (all salaries and wages)
- $9,785,297
- Salaries, other pay and benefits
- $12,126,098
- Employees
- 93
- Salary base per employee
- $105,218
"Salary base" is Form 990 Part IX lines 5 to 7. "Employees" is everyone who got a W-2 that year, full or part time. Form 990-EZ and 990-PF report pay differently; see About the data.
Leadership (47)
| Name | Title | Role | Hours/week | Total pay |
|---|---|---|---|---|
| Elizabeth A McClanahan | CHIEF EXECUTIVE OFFICER | Officer | 30 | $912,041 |
| Ms Anne Keeler | CFO & TREASURER | Officer | 38 | $420,703 |
| Mr Kenneth S Smith | COO & SECRETARY | Officer | 38 | $340,838 |
| Ms Karen Cook - Board Manager | & ASS. SECRETARY (AS OF 10/2024) | Officer | 38 | $146,206 |
| Mr William N Park | CHAIR | Board, Officer | 2 | None reported |
| Mr Gregory Greg C Thompson | VICE CHAIR | Board, Officer | 2 | None reported |
| Mr David Greenberg | CHIEF INVESTMENT OFFICER | Key employee | 40 | $1,570,447 |
| Dr Timothy D Sands | BOARD MEMBER- EX OFFICIO | Board | 2 | $1,264,785 |
| Mr Charles D Phlegar | BOARD MEMBER - EX OFFICIO | Board | 2 | $1,025,442 |
| Cyril R Clarke - Director | VT VP AND PROVOST (AS OF 01/2025) | Board | 2 | $754,070 |
| Dr Amy Sebring | BOARD MEMBER - EX OFFICIO | Board | 2 | $744,282 |
| Mr Dwyn Taylor - Board Member | VT VP FOR FACILITIES(THRU 12/2024) | Board | 2 | $340,522 |
| Ms Jacqueline Jackie L | ARCHER - BOARD MEMBER | Board | 2 | None reported |
| Mr Omar M Asali | BOARD MEMBER (THRU 12/2024) | Board | 2 | None reported |
| Mr Edward H Ed Baine | BOARD MEMBER | Board | 2 | None reported |
| Ms Tracy Castle-Newman | BOARD MEMBER (AS OF 01/2025) | Board | 2 | None reported |
| Mr David S Dave Cooper Jr | BOARD MEMBER | Board | 2 | None reported |
| Ms Traci J Deshazor | BOARD MEMBER | Board | 2 | None reported |
| Mr J Benjamin Ben Doughtie | BOARD MEMBER | Board | 2 | None reported |
| Ms Shirley Edwards | BOARD MEMBER (AS OF 01/2025) | Board | 2 | None reported |
| Mr Gregory C Godsey | BOARD MEMBER (THRU 12/2024) | Board | 2 | None reported |
| Mr Donald B Don Halliwill | BOARD MEMBER | Board | 2 | None reported |
| Mr Jonathan Hill | BOARD MEMBER (AS OF 01/2025) | Board | 2 | None reported |
| Mr Nathan T Lavinka | BOARD MEMBER (THRU 12/2024) | Board | 2 | None reported |
| Mr J Ryan Lingerfelt | BOARD MEMBER | Board | 2 | None reported |
| Mr Stephen T Steve Mason | BOARD MEMBER | Board | 2 | None reported |
| Mr Michael E Mike Melo | BOARD MEMBER | Board | 2 | None reported |
| Mr Roger H Moore | BOARD MEMBER (THRU 12/2024) | Board | 2 | None reported |
| Mr Marty Muscatello | BOARD MEMBER (THRU 12/2024) | Board | 2 | None reported |
| Ms Catherine Cathy | PAPOULIAS-SAKELLARIS - BOARD MEMBER | Board | 2 | None reported |
| Mr Christopher M Quillen | BOARD MEMBER | Board | 2 | None reported |
| Ms Jane Rathbone | BOARD MEMBER (AS OF 01/2025) | Board | 2 | None reported |
| Mr James A Jay Rosenstock | III - BOARD MEMBER | Board | 2 | None reported |
| Mr Charles Rowell | BOARD MEMBER (AS OF 01/2025) | Board | 2 | None reported |
| Ms Laila N Rossi | BOARD MEMBER | Board | 2 | None reported |
| Ms Hema S Sanghani | BOARD MEMBER | Board | 2 | None reported |
| Mr Shirish S Sathaye | BOARD MEMBER | Board | 2 | None reported |
| Mr Christopher W Chris | SHEAN - BOARD MEMBER | Board | 2 | None reported |
| Ms Adela Skenderasi | BOARD MEMBER | Board | 2 | None reported |
| Mr Keith Stemple | BOARD MEMBER (AS OF 07/2024) | Board | 2 | None reported |
| Mr James N Strawbridge | BOARD MEMBER | Board | 2 | None reported |
| Mr John T Thompson | BOARD MEMBER | Board | 2 | None reported |
| Mr Bruce W Tyler | BOARD MEMBER | Board | 2 | None reported |
| Mr William Lake Wagner | BOARD MEMBER | Board | 2 | None reported |
| Ms Jane West | BOARD MEMBER (AS OF 07/2024) | Board | 2 | None reported |
| Mr Richard R Richie Whitt | III - BOARD MEMBER (THRU 12/2024) | Board | 2 | None reported |
| Ms Margaret L Wickes | BOARD MEMBER | Board | 2 | None reported |
Top 10 paid people listed
These 10 people received $8,158,064, which is 83.4% of the $9,785,297 salary base shared by 93 employees.
| Name | Title | Role | Hours/week | From this org | From related orgs | Other pay | Total |
|---|---|---|---|---|---|---|---|
| Mr David Greenberg | CHIEF INVESTMENT OFFICER | Key employee | 40 | $1,494,627 | $0 | $75,820 | $1,570,447 |
| Dr Timothy D Sands | BOARD MEMBER- EX OFFICIO | Board | 2 | $0 | $984,449 | $280,336 | $1,264,785 |
| Mr Charles D Phlegar | BOARD MEMBER - EX OFFICIO | Board | 2 | $0 | $860,634 | $164,808 | $1,025,442 |
| Elizabeth A McClanahan | CHIEF EXECUTIVE OFFICER | Officer | 30 | $868,291 | $0 | $43,750 | $912,041 |
| Cyril R Clarke - Director | VT VP AND PROVOST (AS OF 01/2025) | Board | 2 | $617,216 | $0 | $136,854 | $754,070 |
| Dr Amy Sebring | BOARD MEMBER - EX OFFICIO | Board | 2 | $0 | $576,650 | $167,632 | $744,282 |
| Ms Terri T Mitchell | FORMER SECRETARY | Former | 38 | $521,952 | $0 | $34,517 | $556,469 |
| Mr Louie Vuong | INVESTMENT MANAGER | Highly paid employee | 40 | $405,983 | $0 | $56,051 | $462,034 |
| Ms Margaret Millhiser | MANAGING DIRECTOR - INVESTMENTS | Highly paid employee | 40 | $370,378 | $0 | $77,413 | $447,791 |
| Ms Anne Keeler | CFO & TREASURER | Officer | 38 | $360,297 | $0 | $60,406 | $420,703 |
Sources
- IRS e-file return 202631359349311048 (Form 990, period ending 2025-06-30): readable copy at ProPublica Nonprofit Explorer
- IRS Tax Exempt Organization Search for EIN 54-0721690
- Organization website (as filed): www.vtf.org