2017-05-12T18:58:24-05:00 2016-06-30 KPMG LLP 1676 INTERNATIONAL DRIVE McLean VA 22102 990 2015-07-01 540721690 VIRGINIA TECH FOUNDATION INC % DR JOHN E DOOLEY VIRG 5402375751 902 PRICES FORK ROAD Suite 4000 BLACKSBURG VA 24061 DR JOHN DOOLEY CEO, Sec-Treasurer 5402315751 2017-05-12 true JG White P01498698 7032868000 2015 2021-01-29 14:40:06Z DR JOHN E DOOLEY 902 PRICES FORK ROAD STE 4000 BLACKSBURG VA 24061 542911905 false X WWW.VTF.VT.EDU X 1948 VA THE FOUNDATION RECEIVES, MANAGES, AND DISBURSES PRIVATE GIFTS IN SUPPORT OF PROGRAMS AT VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY (VIRGINIA TECH) 34 33 125 0 -130494 -2086256 98537794 93511227 19232398 15268058 61358214 34815051 18040012 12684619 197168418 156278955 25040484 26712640 0 0 5611031 4221623 0 0 9075867 96462915 113251837 127114430 144186100 70053988 12092855 1488911823 1491192534 417064535 435592309 1071847288 1055600225 X THE FOUNDATION RECEIVES, INVESTS, AND MANAGES PRIVATE ASSETS HELD FOR THE SUPPORT OF PROGRAMS AT VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY (UNIVERSITY) AND TO FOSTER AND PROMOTE THE GROWTH, PROGESS AND GENERAL WELFARE OF THE UNIVERSITY. false false 124155482 26712640 14210002 VIRGINIA TECH FOUNDATION SUPPORTS THE PROGRAMS OF VIRGINIA TECH. THE FOUNDATION DOES THIS BY GENERATING FUNDING FROM PRIVATE SOURCES AND AGGRESSIVELY MANAGING ITS ASSETS TO SUPPLEMENT STATE APPROPRIATIONS, TUITION, AND OTHER SOURCES OF FUNDS. THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO STUDENTS, ADDITIONAL OPERATING SUPPORT TO COLLEGES AND DEPARTMENTS, ASSISTS IN THE FUNDING OF MAJOR BUILDING PROJECTS, PROVIDES SEED CAPITAL FOR NEW UNIVERSITY INITIATIVES, AND INITIATES MAJOR PROJECTS AS REQUESTED BY THE UNIVERSITY. FOR MORE INFORMATION, SEE SCHEDULE O. 124155482 true true false true false false false true false true true true false true true true false true false true true false false false false false false true false true true false false false false false false false false false true true true false false true true true true false false true X 338 0 true 125 true true true true SG SZ false false false true true true 1 false false true false X 34 33 false false false false false false false true true false false true true true true true true true false true true VA X DR JOHN E DOOLEY 5402315751 902 PRICES FORK RD SUITE 4000 BLACKSBURG VA 24061 NANCY H AGEE BOARD MEMBER 2.0 0.0 X 0 0 0 JAMES K ASSELSTINE CHAIRMAN 2.0 0.0 X X 0 0 0 MARY BLACKWOOD BOARD MEMBER 2.0 0.0 X 0 0 0 SANDRA C DAVIS BOARD MEMBER 2.0 0.0 X 0 0 0 DR AMY B HAYES BOARD MEMBER 2.0 0.0 X 0 0 0 GREG J HERREMA BOARD MEMBER 2.0 0.0 X 0 0 0 DAVID L CALHOUN BOARD MEMBER 2.0 0.0 X 0 0 0 GEORGE B CLARKE IV BOARD MEMBER 2.0 0.0 X 0 0 0 GRETA J HARRIS BOARD MEMBER 2.0 0.0 X 0 0 0 DOUGLAS C CURLING BOARD MEMBER 2.0 0.0 X 0 0 0 BEN J DAVENPORT JR BOARD MEMBER 2.0 0.0 X 0 0 0 THEODORE S HANSON BOARD MEMBER 2.0 0.0 X 0 0 0 DARRELL D MARTIN BOARD MEMBER 2.0 0.0 X 0 0 0 LEONARD P HARRIS BOARD MEMBER 2.0 0.0 X 0 0 0 ROBERT D MOSER JR BOARD MEMBER 2.0 0.0 X 0 0 0 W TODD HOLTZMAN BOARD MEMBER 2.0 0.0 X 0 0 0 JEFFREY C HARTMAN BOARD MEMBER 2.0 0.0 X 0 0 0 JOHN R LAWSON II BOARD MEMBER 2.0 0.0 X 0 0 0 JAMES E PEARMAN JR BOARD MEMBER 2.0 0.0 X 0 0 0 JAMES A PEARSON BOARD MEMBER 2.0 0.0 X 0 0 0 BRANDON D PERRY BOARD MEMBER 2.0 0.0 X 0 0 0 DEBORAH PETRINE BOARD MEMBER 2.0 0.0 X 0 0 0 JOHN B ROWSELL BOARD MEMBER 2.0 0.0 X 0 0 0 KRISTI L ROWSELL BOARD MEMBER 2.0 0.0 X 0 0 0 PETER M RUP BOARD MEMBER 2.0 0.0 X 0 0 0 WINSTON A SAMUELS BOARD MEMBER 2.0 0.0 X 0 0 0 DEBORAH A KOLLER BOARD MEMBER 2.0 0.0 X 0 0 0 DR TIMOTHY D SANDS BOARD MEMBER 2.0 38.0 X 0 551434 251771 PRISCILLA MCCALL BOARD MEMBER 2.0 0.0 X 0 0 0 JOHN A URQUHART JR BOARD MEMBER 2.0 0.0 X 0 0 0 CARL G VERBONCOEUR BOARD MEMBER 2.0 0.0 X 0 0 0 DR A CAROLE PRATT BOARD MEMBER 2.0 0.0 X 0 0 0 JAMES R SMITH BOARD MEMBER 2.0 0.0 X 0 0 0 WILLIAM HANSON WEST JR BOARD MEMBER 2.0 0.0 X 0 0 0 CHARLES D PHLEGAR EXECUTIVE VICE PRESIDENT 2.0 38.0 X 0 381505 41074 M DWIGHT SHELTON EXECUTIVE VICE PRESIDENT 2.0 38.0 X 0 327955 111262 DR JOHN E DOOLEY CEO and SECRETARY TREASURER 30.0 10.0 X 345000 0 39639 JOHN CUSIMANO UNIVERSITY TREASURER 40.0 0.0 X 39390 236370 47217 KEVIN SULLIVAN AVP FOR ADMIN & GEN COUNSEL 40.0 0.0 X 191167 0 44731 TERRI T MITCHELL AVP FOR ADMIN & CONTROLLER 40.0 0.0 X 182167 0 24602 JACOB HARDWICK DIRECTOR OF GOLF OPERATIONS 40.0 0.0 X 120600 0 27039 EBENHARD STODDARD SENIOR INVESTMENT ANALYST 40.0 0.0 X 191653 0 40765 DANIEL WARD DIRECTOR OF INVESTMENTS 40.0 0.0 X 475051 0 80869 1545028 1497264 708969 19 false true false BLACKBAUD PO BOX 105090 ATLANTA GA 303485090 ONLINE SERVICES 954116 THE SNYDER COMPANY INC 500 S MAIN STREET BLACKSBURG VA 24060 RENOVATION SERVICES 787618 UNCORK-IT LLC 302 N MAIN ST SUITE 2 BLACKSBURG VA 24060 PRINT SVC & WEB DES 581140 LONGENT LLC 7517 PRECISION DR SUITE 102 RALEIGH NC 27617 EQUIP& INST SVC 508975 NATIONAL PUBLIC RADIO PREC 635 MASSACHUSETTS AVE NW WASHINGTON DC 200103753 RADIO PROG FEES 461163 23 261615 93249612 24120863 93511227 AFFILIATE MEMBERSHIP PROGRAM 900099 6439925 6439925 RIVERCOURSE 713910 1267925 209869 1058056 DEVELOPMENT & MANAGEMENT ENDOWMENT FEES 900099 1226791 1226791 SALES 900099 861153 861153 VT SERVICES SURPLUS 900099 727000 727000 4745264 4745264 15268058 16308533 -1213237 17521770 6282 6282 299795 299795 21475060 13936401 7538659 0 7538659 7538659 391082309 372582073 18500236 18500236 18500236 0 0 177684 114476 63208 63208 ALUMNI TOURS 900099 24687 24687 OTHER INV INCOME - 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TRUSTS HELD BY OTHERS 10496523 COLLECTION ITEMS 5629621 DUE FROM SUBSIDIARIES 1396880 BOND DEBT COST OF ISSUANCE 1698547 TRUST INVESTMENT RECEIVABLE 43728788 PATENT 48290 DUE FROM PARENT CORP 276875 96009995 0 AGENCY DEPOSITS HELD IN TRUST 142709533 TRUST PAYMENT LIABILITIES 16451619 THIRD PARTY TRUST OBLIGATIONS 9069231 ANNUITY OBLIGATIONS 6420797 174651180 X SCHEDULE D, PART III, LINE 4 COLLECTIONS OF ART VINTAGE AND OTHER COLLECTION ITEMS ARE USED TO SUPPORT THE EDUCATIONAL AND RESEARCH MISSION OF VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY. SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 3,499 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES INCLUDING BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. THE INTENT IS THAT THE PRINCIPAL OF THE ORIGINAL GIFT CAN BE USED TO PROVIDE A PERPETUAL STREAM OF FINANCIAL SUPPORT TO A PROGRAM, SCHOLARSHIP OR PROFESSORSHIP AT VIRGINIA TECH. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. SCHEDULE D, PART X INCOME TAXES THE INTERNAL REVENUE SERVICE HAS RULED THAT VTF AND VTREF QUALIFY UNDER SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND ARE, THEREFORE, NOT GENERALLY SUBJECT TO INCOME TAXES UNDER PRESENT TAX LAWS. THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH THE CHANGE IN JUDGMENT OCCURS. THE FOUNDATION HAS ANALYZED FILING POSITIONS IN THE FEDERAL AND STATE JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, AND NO RESERVES FOR UNCERTAIN TAX POSITIONS, NOR INTEREST AND PENALTIES, HAVE BEEN RECORDED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ONLY PERIODS SUBJECT TO EXAMINATION ARE THE 2013 THROUGH 2016 TAX YEARS Europe (Including Iceland and Greenland) 1 Program Services RENT 282459 Sub-Saharan Africa Program Services EDUCATION 1220872 1 1 1503331 1503331 true false true true true false SCHEDULE F, PART I, LINE 3 THE AMOUNT OF INVESTMENTS IN SUB-SAHARAN AFRICA TOTALED $218,445 AND THE AMOUNT OF EXPENDITURES TOTALED $1,220,872. true VIRGINIA POLYTECHNIC INSTITUTE & STATE UNIVERSITY 150 STUDENT SERVICES BUILDING BLACKSBURG VA 24061 546001805 501 (C)(3) 26719270 SCHOLARSHIPS 1 SCHEDULE I, PART I, LINE 2 SCHOLARSHIPS THE FOUNDATION MAKES GRANTS TO PROVIDE SCHOLARSHIPS TO STUDENTS OF VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY (VIRGINIA TECH). X X X X X false false false false false false false false false CHARLES D PHLEGAR EXECUTIVE VICE PRESIDENT 0 310470 0 71035 0 0 0 0 0 0 0 381505 0 0 M DWIGHT SHELTON EXECUTIVE VICE PRESIDENT 0 327955 0 0 0 0 0 0 0 0 0 327955 0 0 DR JOHN E DOOLEY CEO and SECRETARY TREASURER 345000 0 0 0 0 0 36812 0 2827 0 384639 0 0 0 DR TIMOTHY D SANDS BOARD MEMBER 0 522385 0 9528 0 19521 0 0 0 0 0 551434 0 0 JOHN CUSIMANO UNIVERSITY TREASURER 0 236370 39390 0 0 0 0 0 0 0 39390 236370 0 0 KEVIN SULLIVAN AVP FOR ADMIN & GEN COUNSEL 191167 0 0 0 0 0 0 0 0 0 191167 0 0 0 TERRI T MITCHELL AVP FOR ADMIN & CONTROLLER 182167 0 0 0 0 0 0 0 0 0 182167 0 0 0 EBENHARD STODDARD SENIOR INVESTMENT ANALYST 154653 0 37000 0 0 0 0 0 0 0 191653 0 0 0 DANIEL WARD DIRECTOR OF INVESTMENTS 338280 0 136771 0 0 0 0 0 0 0 475051 0 0 0 A Series 2010 A 541643441 613741BN6 2010-08-26 57123909 Construction false false false B Series 2009 A 541643441 613755BN6 2009-02-12 73380000 2007 Facilities to support VA false false false C Series 2005 541643441 613755BJ5 2005-08-25 49830000 2005 Facilities to support the Uni false false false D Series 2011A 541643441 613741DK0 2011-11-17 55889603 Construction false false false A 6514994 0 57123909 0 0 48147100 501809 0 0 8475000 0 0 2010 true false true true B 10435000 0 73746256 0 0 24480000 515259 0 0 48384741 0 0 2010 true false true true C 26285000 0 50432421 0 0 31320000 188741 0 0 18321259 0 0 2007 true false true true D 4445000 0 55964336 0 0 4245604 388987 0 0 51255012 0 0 2013 true false true true A false false false false 0 false false false true B false false false false 0 false false false true C false false false false 0 false false false true D false false false false 0 false false false true A false true false false 0 false 0 false true B false true true true Morgan KeeganSun 20.25 false false false 0 false true C false true true true BOAWells Fargo 18.75 false false false 0 false true D false true false false 0 false 0 false true A true B true C true D true SCHEDULE K, PART I, COLUMN (A) ISSUER NAME: BOND (A) ECONOMIC DEVELOPMENT AUTHORITY OF MONTGOMERY COUNTY BOND (B) IDA MONTGOMERY COUNTY VA BOND (C) IDA MONTGOMERY COUNTY VA BOND (D) ECONOMIC DEVELOPMENT AUTHORITY OF MONTGOMERY COUNTY BOND (E) ECONOMIC DEVELOPMENT AUTHORITY OF MONTGOMERY COUNTY BOND (F) ECONOMIC DEVELOPMENT AUTHORITY OF MONTGOMERY COUNTY SCHEDULE K, PART IV, LINE 2C REBATE COMPUTATION DATES: BOND (A): AUGUST 20, 2015 BOND (D): MAY 31, 2016 A SERIES 2012 541643441 999999999 2012-12-27 4365000 Partial Current Ref of Series 2005 false false false B Series 2013 541643441 613741EN3 2013-10-30 18650559 Construction false false false A 1568978 0 4365000 0 0 4365000 0 0 0 0 0 0 2007 true false true true B 1355000 0 18669779 137735 0 0 219381 0 0 18431178 0 0 2015 false false true true A false false false false 0 true false false true B false false false false 0 true false false true A false true false false false 0 false 0 false true B false true false false false 0 false 0 true A true B true 0 NANCY H AGEE BOARD MEMBER 331460 GROUND LEASE, TENANT UPFI false X 1 3800 FMV X 50351 FMV X 5 45612 FMV X 316 11001026 FMV X 2 6320 FMV X 3 1018600 FMV X 1 69900 FMV X 10 5000 FMV X Livestock 22 142901 FMV X Equipment 58 2361518 FMV X Misc 114 623817 FMV X Software 8 8792018 FMV 25 false true true SCHEDULE M, LINE 32A VARIOUS REAL ESTATE BROKERS ARE UTILIZED TO ASSIST WITH THE SALE OF DONATED PROPERTIES. FORM 990 PART III, LINE 4A IN ADDITION, THE FOUNDATION MANAGES VIRGINIA TECH'S ENDOWMENT, THROUGH WHICH DONORS TO THE UNIVERSITY MAKE A SIGNIFICANT DIFFERENCE TO THE FACULTY AND STUDENTS. THE FOUNDATION IS ALSO A RESPONSIBLE CORPORATE CITIZEN. AS SUCH, THE FOUNDATION DEPLOYS CAPITAL IN WAYS THAT SERVE THE INTERESTS NOT ONLY OF THE UNIVERSITY, BUT ALSO OF ITS REGION. FORM 990 PART VI, LINE 11B REVIEW OF FORM 990 MANAGEMENT AND THE FOUNDATION ACCOUNTING STAFF PROVIDE THE NECESSARY FINANCIAL AND OTHER INFORMATION TO THE FOUNDATION'S INDEPENDENT THIRD PARTY TAX CONSULTANTS. THE TAX CONSULTANTS REVIEW AND COMPILE THE INFORMATION INTO THE 990 AND 990T FORMS AND PROVIDE A DRAFT TO MANAGEMENT. MANAGEMENT AND THE ASSOCIATE VICE PRESIDENT AND CONTROLLER PERFORM A DETAILED REVIEW OF THE FORM PRIOR TO FORWARDING IT TO THE CEO FOR REVIEW. THE CEO THEN REVIEWS THE FORMS. ANY ISSUES AFTER THESE REVIEWS ARE COMMUNICATED BACK TO THE THIRD PARTY TAX CONSULTANTS. ANY ISSUES ARE CORRECTED AND ADDRESSED BY BOTH PARTIES. TWO WEEKS PRIOR TO THE FILING DEADLINE, THE FORMS ARE ELECTRONICALLY PROVIDED TO ALL MEMBERS OF THE FOUNDATION BOARD OF DIRECTORS. IF THERE ARE NO COMMENTS OR ISSUES THAT COULD NOT BE RESOLVED, THE CHIEF EXECUTIVE OFFICER THEN SIGNS THE TRANSMITTAL FORM TO PERMIT THE ELECTRONIC FILING, AS REQUIRED BY THE IRS, ON BEHALF OF THE FOUNDATION. DISCLOSURE OF THE 990 AND 990T WILL BE MADE IN FULL COMPLIANCE WITH THE REQUIREMENTS ESTABLISHED BY THE IRS. FORM 990 PART VI LINE 12C CONFLICT OF INTEREST POLICY THE VIRGINIA TECH FOUNDATION, INC. HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES EACH MEMBER (FOUNDATION BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES (RESPONSIBLE PERSONS)) TO COMPLETE AN ANNUAL STATEMENT SETTING FORTH ANY AND ALL POTENTIAL AND ACTUAL CONFLICTS OF INTEREST THAT OCCURRED DURING THE PAST FISCAL YEAR. IN ADDITION TO THE STATEMENT, AN ANNUAL COMPLIANCE QUESTIONNAIRE MUST BE COMPLETED AND SUBMITTED BY EACH MEMBER. ALSO, IF A CONFLICT SHOULD ARISE THAT WAS NOT PREVIOUSLY DISCLOSED IN THE ANNUAL STATEMENT OR THE QUESTIONNAIRE, A STATEMENT MUST BE SUBMITTED TO THE VIRGINIA TECH FOUNDATION DISCLOSING THE FACTS OF THE SITUATION. THE EXECUTIVE COMMITTEE OF THE FOUNDATION REVIEWS THE QUESTIONNAIRES AND STATEMENTS AND WILL DETERMINE IF A CONFLICT DOES ACTUALLY EXIST. THE EXECUTIVE COMMITTEE SHALL DETERMINE WHETHER TO AUTHORIZE APPROVE OR RATIFY THE ARRANGEMENT/TRANSACTION BASED SOLELY ON WHETHER IT IS IN THE BEST INTERESTS OF THE FOUNDATION IN PERFORMING ITS MISSION. FORM 990 PART VI, LINE 15 BOARD OF DIRECTORS DIRECTORS RECEIVE NO COMPENSATION FOR SERVICE TO THE FOUNDATION. OFFICERS - EXECUTIVE VICE PRESIDENTS EXECUTIVE VICE PRESIDENTS OF THE FOUNDATION ARE THE UNIVERSITY'S VICE PRESIDENT FOR ADVANCEMENT, AND CHIEF FINANCIAL OFFICER. THESE POSITIONS ARE EMPLOYED BY AND FUNDED 100% BY THE UNIVERSITY AND THEIR SALARIES AND BENEFITS ARE APPROVED BY THE UNIVERSITY'S BOARD OF VISITORS BASED UPON RECOMMENDATION BY THE UNIVERSITY PRESIDENT. THE UNIVERSITY UTILIZES VARIOUS HIGHER EDUCATION SALARY STUDIES AND DATA FROM PEER INSTITUTIONS IN ESTABLISHING SALARIES AND BENEFITS FOR THESE POSITIONS. OFFICER - CHIEF EXECUTIVE OFFICER AND SECRETARY/TREASURER SALARY AND BENEFITS FOR THE CHIEF EXECUTIVE OFFICER AND SECRETARY TREASURER ARE RECOMMENDED BY THE UNIVERSITY PRESIDENT AND APPROVED BY THE FOUNDATION'S COMPENSATION COMMITTEE. COMPARATIVE SALARY AND BENEFITS INFORMATION IS PROVIDED TO THE COMPENSATION COMMITTEE FOR ITS CONSIDERATION IN MAKING SALARY ADJUSTMENTS AND ESTABLISHING BENEFIT PROGRAMS. PROFESSIONAL AND CLASSIFIED STAFF IT IS THE FOUNDATION'S POLICY TO PROVIDE SALARY AND BENEFITS AS CLOSE AS PRACTIBLE TO THOSE PROVIDED TO UNIVERSITY EMPLOYEES. PROFESSIONAL AND CLASSIFIED STAFF SALARIES ARE APPROVED BY THE CHIEF EXECUTIVE OFFICER AND SECRETARY TREASURER AND INCLUDED IN THE BOARD APPROVED ANNUAL OPERATING BUDGET. COMPARATIVE DATA INCLUDING UNIVERSITY AVERAGES FOR SIMILAR POSITIONS ARE USED IN ESTABLISHING AND ADJUSTING SALARIES. MERIT ADJUSTMENTS MIRROR THE UNIVERSITY APPROVED MERIT ADJUSTMENTS EACH YEAR. FORM 990 PART VI, LINE 16B JOINT VENTURE THE FOUNDATION ADOPTED A JOINT VENTURE POLICY ON SEPTEMBER 1, 2009. THE POLICY REQUIRES THAT THE FOUNDATION EVALUATE ITS PARTICIPATION IN JOINT VENTURE AGREEMENTS UNDER FEDERAL TAX LAW AND TAKE STEPS TO SAFEGUARD THE FOUNDATION'S EXEMPT STATUS WITH RESPECT TO SUCH ARRANGEMENTS. FORM 990 PART XI, LINE 9 OTHER CHANGES IN NET ASSETS CHANGE IN SPLIT-INTEREST AGREEMENTS......($2,797,754) FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:NON-MONETARY SUPPORT TO PROG TOTAL EXPENSES:11588008 PROGRAM SERVICES:11588008 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PUBLIC RELATIONS TOTAL EXPENSES:1248770 PROGRAM SERVICES:921125 MANAGEMENT AND GENERAL:11068 FUNDRAISING:316577 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:RADIO STATION TOTAL EXPENSES:1181199 PROGRAM SERVICES:637234 MANAGEMENT AND GENERAL:278654 FUNDRAISING:265311 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MISCELLANEOUS TOTAL EXPENSES:14821550 PROGRAM SERVICES:14553243 MANAGEMENT AND GENERAL:81358 FUNDRAISING:186949 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:UNIVERSITY EQUIPMENT PURCHASE TOTAL EXPENSES:1856930 PROGRAM SERVICES:1554788 MANAGEMENT AND GENERAL:1692 FUNDRAISING:300450 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:RIVERCOURSE TOTAL EXPENSES:1652761 PROGRAM SERVICES:714571 MANAGEMENT AND GENERAL:938190 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:MAINTENANCE TOTAL EXPENSES:72138 PROGRAM SERVICES:38616 MANAGEMENT AND GENERAL:710 FUNDRAISING:32812 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:PROFESSIONAL MEMBERSHIPS TOTAL EXPENSES:301446 PROGRAM SERVICES:261686 MANAGEMENT AND GENERAL:19324 FUNDRAISING:20436 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:OTHER EQUIPMENT RENTALS TOTAL EXPENSES:190493 PROGRAM SERVICES:118678 MANAGEMENT AND GENERAL:995 FUNDRAISING:70820 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:ANNUITY DEFERRED GIVING TOTAL EXPENSES:44986 PROGRAM SERVICES:44986 FORM 990 PART IX LINE 24 - OTHER EXPENSES DESCRIPTION:TAXES TOTAL EXPENSES:128915 PROGRAM SERVICES:128915 RIVER COURSE LLC 902 PRICES FORK RD STE 4000 BLACKSBURG VA 24061 061654343 GOLF COURSE VA 1257775 10010499 NA VA TECH BUS TECH CENTER LLC 902 PRICES FORK RD STE 4000 BLACKSBURG VA 24061 540567560 BUS ASSIST VA 0 0 NA VT TECHNOLOGY ASSETS LLC 902 PRICES FORK RD STE 4000 BLACKSBURG VA 24061 540721690 INFO TECH VA 456653 5922695 NA VA TECH REAL ESTATE FOUNDATION INC 902 PRICES FORK RD SUITE 4000 BLACKSBURG VA 24061 541528809 PROPERTY MGMT VA 501 (C) (3) 11A TYPE I NA true VIRGINIA POLYTECHNIC INST & STATE UNIV 201 SOUTHGATE CENTER BLACKSBURG VA 24061 545001805 UNIVERSITY VA 501 (C) (3) 2 NA false THE FERRARI FOUNDATION 902 PRICES FORK RD SUITE 4000 BLACKSBURG VA 24061 EUROPEAN STUD SZ NA true HOTEL ROANOKE LLC 902 PRICES FORK RD SUITE 4000 BLACKSBURG VA 24061 541702473 HOTEL OPERATIONS VA NA VIRGINIA TECH CORPORATE RESEARCH CENTER 1715 PRATT DRIVE SUITE 1000 BLACKSBURG VA 24061 541324469 RENTAL VA VTF C Corp 5819004 14638146 1.00000 true CHARITABLE REMAINDER UNITRUSTS(2) 902 PRICES FORK RD SUITE 4000 BLACKSBURG VA 24061 TRUST VA NA Trust true HR FOUNDATION INC 902 PRICES FORK RD SUITE 4000 BLACKSBURG VA 24061 541702474 PROPERTY MGMT VA VTREF C Corp true true true true true false true false false false false true true true false false true true true false VIRGINIA TECH CORPORATE RESEARCH CENTER l 493884 FMV VIRGINIA TECH REAL ESTATE FOUNDATION l 387284 FMV VIRGINIA TECH CORPORATE RESEARCH CENTER a(iv) 1474414 FMV VIRGINIA TECH REAL ESTATE FOUNDATION a(iv) 362879 FMV VIRGINIA TECH CORPORATE RESEARCH CENTER l 60126 FMV VIRGINIA TECH CORPORATE RESEARCH CENTER a(i) 283550 FMV VIRGINIA TECH REAL ESTATE FOUNDATION a(i) 5432257 FMV VIRGINIA TECH CORPORATE RESEARCH CENTER a(i) 81715 FMV VIRGINIA TECH CORPORATE RESEARCH CENTER F 450000 FMV VIRGINIA TECH REAL ESTATE FOUNDATION R 1000000 FMV