Virginia Commonwealth Universi ALUMNI

Organization Overview

Virginia Commonwealth Universi ALUMNI is located in Richmond, VA. The organization was established in 1994. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, under the broad grouping of Education and related organizations. Virginia Commonwealth Universi ALUMNI 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 06/2021, Virginia Commonwealth Universi ALUMNI generated $210.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

VCU ALUMNI MISSSION IS TO ADVANCE THE UNIVERSITY BY BUILDING ACTIVE SUPPORT, COMMITMENT THROUGH ALUMNI,PROSPECTIVE STUDENTS, BUSINESS PARTNERS AND FACULTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALUMNI/STUDENT PROGRAMS - PROVICES DIRECT SUPPORT FOR EVENTS WHICH


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Peace
Presidentelect
$0
Dale Kalkofen
Past President
$0
Michael Whitlo
President
$0
Linda Warren
Treasurer
$0
Elizabeth Bass
Secretary
$0
Andy Hobson
Engagement Ch
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$73,661
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$73,661
Total Program Service Revenue-$825
Investment income $28,486
Tax Exempt Bond Proceeds $0
Royalties $109,169
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 $23
Miscellaneous Revenue$0
Total Revenue $210,514

Grants Awarded

Over the last fiscal year, Virginia Commonwealth Universi ALUMNI has awarded $59,148 in support to 2 organizations.

Grant RecipientAmount

MEDICAL COLLEGE OF VIRGINIA ALUMNI ASSOCIATION

Org PageRecipient Profile

Richmond, VA

PURPOSE: PROGRAM SUPPORT

$50,000

VIRGINIA COMMONWEALTH UNIVERSITY

PURPOSE: PROGRAM SUPPORT

$9,148
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Virginia Commonwealth Universi ALUMNI has recieved totaling $5,000.

Awarding OrganizationAmount
Bayport Foundation

Newport News, VA

PURPOSE: SCHOLARSHIPS

$2,500
J William And Elizabeth S Robinson Foundation Inc

Atlanta, GA

PURPOSE: FOR THE PROMOTION OF EDUCATIONAL DEVELOPMENT

$2,000
Chapman Foundation

Greenville, SC

PURPOSE: 501(C)(3) EDUCATIONAL INSTITUTION CONTRIBUTION

$500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$114,680
Earnings$2,964
Net Contributions$4,002
Grants$4,500
Ending Balance$117,146

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