Virginia College Fund

Organization Overview

Virginia College Fund, operating under the name Commonwealth All For Rural Coll, is located in Richmond, VA. The organization was established in 1966. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 05/2023, Commonwealth All For Rural Coll employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonwealth All For Rural Coll is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 05/2023, Commonwealth All For Rural Coll generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $681.9k during the year ending 05/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Commonwealth All For Rural Coll has awarded 37 individual grants totaling $9,792,842. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SOLICITATION OF PUBLIC CONTRIBUTIONS ON BEHALF OF MEMBER COLLEGES. PROVIDES FOUNDATIONS, BUSINESSES, AND INDIVIDUALS A CONVENIENT WAY OF SUPPORTING SMALL COLLEGES AND UNIVERSITIES IN VIRGINIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTIONS OF PUBLIC CONTRIBUTIONS TO MEMBER COLLEGES AND UNIVERSITIES


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Board, Officers & Key Employees

Name (title)Compensation
Carthan F Currin III
President
$120,000
Jeannie P Baliles
Director
$0
D Bruce Christian
Director
$0
Benjamin Dessart
Director
$0
Harold E Johnson ESQ
Director
$0
J Lee E Osborne ESQ
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$368,718
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$645,384
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,014,102
Total Program Service Revenue$0
Investment income $516
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,014,618

Grants Awarded

Over the last fiscal year, Virginia College Fund has awarded $296,543 in support to 5 organizations.

Grant RecipientAmount

APPALACHIAN SCHOOL OF LAW

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$9,451

AVERETT UNIVERSITY

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$79,687

BLUEFIELD COLLEGE

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$64,820

EASTERN MENNONITE UNIVERSITY

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|

$73,652

FERRUM COLLEGE

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|

$68,933
View Grant Profile

Peer Organizations

Organization NameAssets
West Virginia Univ Foundation Inc
Morgantown, WV
$183,335,188
George Mason University Foundation Inc
Fairfax, VA
$110,326,409
University Of Virginia Darden School Foundation
Charlottesville, VA
$100,841,421
Nc State Investment Fund Inc
Raleigh, NC
$192,914,509
University Of Maryland College Park Foundation Inc
College Park, MD
$176,897,827
University Of Louisville Foundation Inc
Louisville, KY
$43,496,002
Unc Health Foundation Inc
Chapel Hill, NC
$57,795,670
Old Dominion University Research Foundation
Norfolk, VA
$58,179,251
Medical College Of Virginia Foundation
Richmond, VA
$75,393,096
William & Mary Foundation
Williamsburg, VA
$79,373,462
University Of Virginia Foundation
Charlottesville, VA
$36,530,024
University Of Maryland Foundation Inc
Adelphi, MD
$97,078,608
North Carolina State University Foundation Inc
Raleigh, NC
$52,520,062
Communities In Schools Inc
Alexandria, VA
$35,985,720
University Of Maryland Baltimore Foundation Inc
Baltimore, MD
$64,089,840
University Of Memphis Foundation
Memphis, TN
$38,710,840
Virginia Commonwealth University College Of Engineering Foundation
Richmond, VA
$12,076,889
National League Of Cities Institute Inc
Washington, DC
$27,174,469
University Of Virginia Investment Management Company
Charlottesville, VA
$961,602,712
University Of Virginia Law School Foundation
Charlottesville, VA
$37,875,854
Appalachian State University Foundation Inc
Boone, NC
$32,992,560
Vmi Foundation
Lexington, VA
$24,254,314
University Of North Carolina At Chapel Hill Foundation Inc
Chapel Hill, NC
$22,733,699
Kenan-Flagler Business School Foundation
Chapel Hill, NC
$44,675,511
Wku Student Life Foundation Inc
Bowling Green, KY
$30,600,200

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