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Filing year 2023

VIRGINIA STATE UNIVERSITY FOUNDATION

Petersburg, Virginia·EIN 54-6074532·NTEE B11 · Education·501(c)(3)
Total revenue
$4.6M
Total assets
$39.5M
Total expenses
$3.4M
Reported officers
23
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.

Executive compensation

Form 990 · Part VII & Schedule J · 5 reported individuals · Filing year 2023

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

Vsu VP Admin & Finance
Board Vice President
10th to 25th percentile
$100k
$110k
President Ex-officio
Median to 75th percentile
$94k
$103k
Executive Director
25th percentile to median
$55k
$60k
Director of Finance & Acco
25th percentile to median
$50k
$55k
Vsu VP for External Affair
Board Vice President
10th to 25th percentile
$49k
$53k

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 18 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at VIRGINIA STATE UNIVERSITY FOUNDATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
3%
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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 11%
from 2022

From $91k in 2022 to $100k in 2023.

$91k
2022
$100k
2023
In today's dollarsEst.
Up 6% in real terms$104k to $110k

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 Vice President pay rose 11% from 2022 to 2023, while revenue fell 11%.

$91k in 2022 to $100k in 2023.
  • Chief Executive Officer pay rose 98% from 2022 to 2023.
  • Chief Financial Officer pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 STATE UNIVERSITY FOUNDATION

What does the Board Vice President of VIRGINIA STATE UNIVERSITY FOUNDATION earn?

In 2023, the Board Vice President of VIRGINIA STATE UNIVERSITY FOUNDATION received $100,480 in total compensation. This pay is in the bottom quarter for Board Vice President roles among Education organizations in Virginia, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Board Vice President pay at VIRGINIA STATE UNIVERSITY FOUNDATION compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2023 pay of the Board Vice President at VIRGINIA STATE UNIVERSITY FOUNDATION falls between the 10th and 25th percentiles. In 2023, the highest total compensation at VIRGINIA STATE UNIVERSITY FOUNDATION equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are VIRGINIA STATE UNIVERSITY FOUNDATION's revenue and expenses?

In 2023, VIRGINIA STATE UNIVERSITY FOUNDATION reported $4.6M in total revenue and $3.4M in total expenses on its IRS Form 990.

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