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Filing year 2024

VIRGINIA STUDENT AID FOUNDATION INC

Charlottesville, Virginia·EIN 54-0517188·NTEE B820 · Education·501(c)(3)
Total revenue
$50.3M
Total assets
$184.6M
Total expenses
$45M
Reported officers
35
Mission

THE VIRGINIA ATHLETICS FOUNDATION, THROUGH ITS FUND-RAISING EFFORTS, STRIVES TO SUPPORT A PREEMINENT INTERCOLLEGIATE ATHLETICS PROGRAM AT THE UNIVERSITY OF VIRGINIA BY PROVIDING STUDENT-ATHLETES THEOPPORTUNITY TO ACHIEVE ACADEMIC AND ATHLETIC EXCELLENCE.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

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

Exec Director, Sec/treas
Officer (Unspecified)
$545k
$578k
Base
$345k
Bonus
$80k
Other
$68k
Benefits
$25k
Chief Operating Officer
Median to 75th percentile
$257k
$273k
Base
$187k
Bonus
$23k
Other
$3k
Benefits
$25k
Chief Financial Officer
75th to 90th percentile
$222k
$235k
Base
$158k
Bonus
$19k
Other
$3k
Benefits
$25k
Senior Major Gifts Officer
Highest Compensated Employee
Median to 75th percentile
$201k
$213k
Base
$155k
Bonus
$18k
Other
$2k
Benefits
$9k
Senior Major Gifts Officer
Highest Compensated Employee
25th percentile to median
$166k
$176k
Base
$128k
Bonus
$16k
Other
$988
Benefits
$9k
Senior Director of Development
Median to 75th percentilevs Education peers nationwide
$156k
$166k
Base
$113k
Bonus
$13k
Other
$3k
Benefits
$20k
Senior Director of Donor Expiriences
Highest Compensated Employee
25th percentile to median
$148k
$157k
Senior Director of Marketing and Communications
Director (Operational)
Median to 75th percentile
$141k
$149k

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 27 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at VIRGINIA STUDENT AID FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
1%
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.

Up 86%
from 2023

From $294k in 2023 to $545k in 2024.

$294k
2023
$545k
2024
In today's dollarsEst.
Up 80% in real terms$321k to $578k

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

Chief Operating Officer pay rose 3% from 2023 to 2024, while revenue fell 16%.

$249k in 2023 to $257k in 2024.
  • Chief Financial Officer pay rose 4% from 2023 to 2024.
  • Highest Compensated Employee pay rose 2% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 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 STUDENT AID FOUNDATION INC

What does the Chief Operating Officer of VIRGINIA STUDENT AID FOUNDATION INC earn?

In 2024, the Chief Operating Officer of VIRGINIA STUDENT AID FOUNDATION INC received $257,087 in total compensation. This pay is above the median (the midpoint) for Chief Operating Officer roles among Education organizations in Virginia, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Operating Officer pay at VIRGINIA STUDENT AID FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Education organizations in Virginia, the 2024 pay of the Chief Operating Officer at VIRGINIA STUDENT AID FOUNDATION INC falls between the median and the 75th percentile. In 2024, the highest total compensation at VIRGINIA STUDENT AID FOUNDATION INC equaled 1% of the organization's total expenses. The median for education organizations is 7%.

What are VIRGINIA STUDENT AID FOUNDATION INC's revenue and expenses?

In 2024, VIRGINIA STUDENT AID FOUNDATION INC reported $50.3M in total revenue and $45M in total expenses on its IRS Form 990.

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