THE MISSION OF THE VIRGINIA FOUNDATION FOR INDEPENDENT COLLEGES IS TO ADVANCE THE DISTINCTIVE VALUES AND STRENGTHS OF OUR SIXTEEN SMALLER ENROLLMENT, UNDERGRADUATE, RESIDENTIAL VIRGINIA MEMBER COLLEGES. WE DO THIS BY SECURING FINANCIAL SUPPORT FROM THE PRIVATE SECTOR, INCREASING VISIBILITY, FACILITATING INNOVATIVE AND COLLABORATIVE INITIATIVES BETWEEN THE COLLEGES, AND SUPPORTING INITIATIVES WHICH ENSURE THAT THIS PERSONALIZED EDUCATIONAL EXPERIENCE REMAINS AN AFFORDABLE CHOICE FOR TOMORROW'S CITIZEN-LEADERS.
Executive compensation, broken down
Form 990 · Schedule J · 2 reported individuals · Filing year 2023
- Base
- $280k
- Bonus
- $26k
- Other
- —
- Benefits
- $55k
- Base
- $145k
- Bonus
- $15k
- Other
- —
- Benefits
- $42k
| Position | Base | Bonus | Other | Benefits | Total |
|---|---|---|---|---|---|
Former President | $280k | $26k | — | $55k | $371k $406k |
Chief Operating Officer | $145k | $15k | — | $42k | $213k $232k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 84 unpaid individuals.
Up 12%
from 2022
From $332k in 2022 to $371k in 2023.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
VA FOUNDATION FOR INDEPENDENT COLLEGES reported revenue and expenses across 2 filing years.
What Education executives earn in Virginia
Comparable education organizations in Virginia pay their highest-earning executive a median of $103,585.
These are education sector-wide figures, not this organization's reported pay. Based on 263 organizations across 263 filings (2021 – 2023).
See full Education pay data for Virginia →Compare any role, sector, or revenue band
Build your own benchmark from millions of reported positions.