SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER FOUNDATION
PO BOX 1987, ABINGDON, VA 242121987

Total Revenue
$1,222,648
Total Expenses
$1,650,926
Net Assets
$7,156,625

Organizations Filed Purposes: THE FOUNDATION WAS FORMED TO SUPPORT THE EDUCATIONAL PROGRAMS AND ACTIVITIES OF THE SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER AND THE CLEAN ENERGY RESEARCH AND DEVELOPMENT CENTER BY PROVIDING ADMINISTRATIVE SERVICES.

THE SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER FOUNDATION MANAGES GRANTS FOR THE SOUTHWEST VIRGINIA CLEAN ENERGY RESEARCH AND DEVELOPMENT CENTER. THE VIRGINIA TOBACCO INDEMNIFICATION AND COMMUNITY REVITALIZATION IS THE SPONSOR FOR THE AWARDS MANAGED BY THE FOUNDATION. THE SPONSOR REQUIRES LARGE EQUIPMENT PURCHASES TO BE TITLED TO THE FOUNDATION WHILE THE AWARD IS MANAGED. THE TOBACCO INDEMNIFICATION AND COMMUNITY REVITALIZATION GRANT AWARDS ALLOW THE SOUTHWEST VIRGINIA CLEAN ENERGY RESEARCH AND DEVELOPMENT CENTER AND THE FOUNDATION ASSIST IN THE INDEMNIFICATION AND COMMUNITY REVITALIZATION GRANT AND GIVES BUSINESSES THE SUPPORT NEEDED FOR STARTING A NEW VENTURE. THE R&D CENTER'S FOCUS IS ON APPLIED RESEARCH FOR TECHNOLOGIES, POLICY, AND INFRASTRUCTURE ISSUES, ALONG WITH BROKERING OF KEY WORKFORCE NEEDS, WILL SYSTEMATICALLY CONNECT INDUSTRY WITH THE EDUCATION AND RESEARCH RESOURCES NEEDED.THE MISSION OF THE SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER FOUNDATION IS TO SUPPORT THE PROGRAMS OF THE SOUTHWEST VIRGINIA HIGHER EDUCATION CENTER.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mark GrahamDIRECTOR0.3$0
Del Todd PillionDIRECTOR0.3$0
Pat CalebsDIRECTOR0.3$0
Gary HearlCHAIRMAN0.3$0
David MatlockEX OFFICIO DIRECTOR0.3$0
Carol JonesDIRECTOR0.3$0
Joseph P Johnson JrDIRECTOR0.3$0
Ron ProfittDIRECTOR0.3$0
Sam NeeseDIRECTOR0.3$0
Alicia YoungVICE PRESIDENT OF FINANCE0.5$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202101139349300835_public.xml