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Filing year 2024

VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION

Richmond, Virginia·EIN 54-1666531·NTEE B43 · Education·501(c)(3)
Total revenue
$12.9M
Total assets
$95.9M
Total expenses
$7.7M
Reported officers
12
Mission

THE FOUNDATION WAS FOUNDED FOR THE PURPOSE OF ACCEPTING, ACQUIRING, LEASING, SELLING OR DISPOSING, OPERATING AND/OR MANAGING PROPERTY FOR THE EXCLUSIVE BENEFIT OF VIRGINIA COMMONWEALTH UNIVERSITY.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Virginia.

Ex-officio Director
Board Member
Above 90th percentile
$384k
$407k

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 11 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION equaled 5% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
5%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Held roughly steady
over 2 years

From $373k in 2022 to $384k in 2024.

$373k
2022
$333k
2023
$384k
2024
In today's dollarsEst.
Down 4% in real terms$425k to $407k

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.

Pay for the position

Board Member pay rose 3% from 2022 to 2024, while revenue rose 26%.

$373k in 2022 to $384k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION

What does the Board Member of VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION earn?

In 2024, the Board Member of VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION received $384,164 in total compensation. This pay is in the top 10% for Board Member roles among Education organizations in Virginia: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2024 pay of the Board Member at VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION falls in the top 10%. In 2024, the highest total compensation at VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION equaled 5% of the organization's total expenses. The median for education organizations is 7%.

What are VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION's revenue and expenses?

In 2024, VIRGINIA COMMONWEALTH UNIVERSITY REAL ESTATE FOUNDATION reported $12.9M in total revenue and $7.7M in total expenses on its IRS Form 990.

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