VA FOUNDATION FOR INDEPENDENT COLLEGES
901 EAST BYRD STREET NO 1625, RICHMOND, VA 23219 www.vfic.org

Total Revenue
$1,505,101
Total Expenses
$3,321,732
Net Assets
$29,019,085

Organizations Filed Purposes: THE MISSION OF THE VIRGINIA FOUNDATION FOR INDEPENDENT COLLEGES IS TO ADVANCE THE DISTINCTIVE VALUES AND STRENGTHS OF OUR FIFTEEN SMALLER ENROLLMENT, UNDERGRADUATE, RESIDENTIAL VIRGINIA MEMBER COLLEGES. WE DO THIS BY SECURING FINANCIAL SUPPORT FROM THE PRIVATE SECTOR, INCREASING VISIBILITY, FACILITATING INNOVATIVE AND COLLABORATIVE INITIATIVES BETWEEN THE COLLEGES, AND SUPPORTING INITIATIVES WHICH ENSURE THAT THIS PERSONALIZED EDUCATIONAL EXPERIENCE REMAINS AN AFFORDABLE CHOICE FOR TOMORROW'S CITIZEN-LEADERS.

ADVANCE THE DISTINCTIVE VALUES AND STRENGTHS OF OUR FIFTEEN SMALLER ENROLLMENT, UNDERGRADUATE, RESIDENTIAL VIRGINIA MEMBER COLLEGES.

THE FOUNDATION PROVIDES ANNUAL UNRESTRICTED AND RESTRICTED CONTRIBUTIONS TO SUPPORT CRUCIAL NEEDS AT ITS FIFTEEN MEMBER INSTITUTIONS, INCLUDING FUNDING FOR CAMPUS OPERATIONS, ACADEMIC PROGRAM DEVELOPMENT, AND FACULTY DEVELOPMENT.

THE ETHICS INITIATIVE PROVIDES RESOURCES FOR AN ANNUAL STATEWIDE ETHICS BOWL PROGRAM AMONG STUDENT TEAMS FROM EACH OF THE FIFTEEN MEMBER INSTITUTIONS. VFIC TRUSTEES AND DONORS SERVE AS JUDGES AND MODERATORS FOR THIS EVENT.

THE WOMEN'S LEADERSHIP DEVELOPMENT SUMMIT IS DESIGNED TO EMPOWER YOUNG WOMEN WHO ARE ATTENDING A VFIC MEMBER COLLEGE OR UNIVERSITY. SELECTED STUDENTS JOINED FELLOW VFIC STUDENTS FROM ACROSS THE COMMONWEALTH FOR A THREE-DAY SUMMIT TO HEAR FROM DYNAMIC AND INSPIRATIONAL CORPORATE AND CIVIC LEADERS ABOUT THE SKILLS NEEDED TO ASSUME POSITIONS OF AUTHORITY IN PROFESSIONAL AND PERSONAL SETTINGS. THE STUDENTS EXPLORED THEIR OWN PERSONAL PURSUITS IN THE AREAS OF LEADERSHIP, SKILLS DEVELOPMENT, AND IDENTIFYING AND FURTHER STRENGTHENING THE AREAS NEEDED TO RECOGNIZE THEIR FULL POTENTIAL.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Matthew ShankPRESIDENT40$256,166
Mary-Beth M JohnsonCHIEF OPERATING OFFICER40$134,736
Page RobinsonFINANCE MANAGER15$20,728
Gary R Thomson CpaTREASURER1$0
Ronald A CrutcherVICE CHAIR1$0
Thomas E GoodeCHAIR1$0
R Sackett WoodTRUSTEE1$0
Meredith WooTRUSTEE1$0
James C Wheat IiiTRUSTEE1$0
John W WellsTRUSTEE1$0
Margaret G WarnerTRUSTEE1$0
Mary-Allen WallerTRUSTEE1$0
Keith D VandervennetTRUSTEE1$0
William R Van Buren Iii EsqTRUSTEE1$0
Rony ThomasTRUSTEE1$0
Hugh E TaylorTRUSTEE1$0
J Lawrence StimpertTRUSTEE1$0
Susan K StillTRUSTEE1$0
John G StallingsTRUSTEE1$0
Robert H Spilman JrTRUSTEE1$0
J Knox SingletonTRUSTEE1$0
Gary R ShookTRUSTEE1$0
Mary G ShockeyTRUSTEE1$0
Bob SasserTRUSTEE1$0
Thomas D Rutherfoord JrTRUSTEE1$0
Stewart D Roberson EddTRUSTEE1$0
H Mcguire RileyTRUSTEE1$0
Carter V ReidTRUSTEE1$0
Brian W QuigleyTRUSTEE1$0
L Allan Parrott JrTRUSTEE1$0
William L PannillTRUSTEE1$0
Daniel J O'NeillTRUSTEE1$0
Bernard A NiemeierTRUSTEE1$0
Mark G Mykityshyn PhdTRUSTEE1$0
Spencer W Morten IiiTRUSTEE1$0
Thurston R Moore EsqTRUSTEE1$0
T Justin Moore IiiTRUSTEE1$0
W Sheppard Miller IiiTRUSTEE1$0
Scott D MillerTRUSTEE1$0
Michael C MaxeyTRUSTEE1$0
Craig L MasseyTRUSTEE1$0
Thomas J Lyons JrTRUSTEE1$0
Charles S Luck IvTRUSTEE1$0
Robert R LindgrenTRUSTEE1$0
Pareena LawrenceTRUSTEE1$0
C Burke KingTRUSTEE1$0
George C Howell IiiTRUSTEE1$0
Paul T HengstTRUSTEE1$0
Anne Barnett HazelTRUSTEE1$0
H Hiter Harris IiiTRUSTEE1$0
Brad N HallTRUSTEE1$0
Marie M GodseyTRUSTEE1$0
Palmer P GarsonTRUSTEE1$0
Kenneth R GarrenTRUSTEE1$0
George C Freeman IiiTRUSTEE1$0
Pamela FoxTRUSTEE1$0
Calvin W Fowler JrTRUSTEE1$0
Tracy FitzsimmonsTRUSTEE1$0
Thomas F Farrell IiTRUSTEE1$0
William C DudleyTRUSTEE1$0
Beverley E DaltonTRUSTEE1$0
Richard Cullen EsqTRUSTEE1$0
Peter A ConverseTRUSTEE1$0
John R Clark IiiTRUSTEE1$0
C Lynch Christian IiiTRUSTEE1$0
Theodore L Chandler JrTRUSTEE1$0
David A ChandlerTRUSTEE1$0
Victor O Cardwell EsqTRUSTEE1$0
John M Camp IiiTRUSTEE1$0
Charles L Cabell EsqTRUSTEE1$0
David W BushmanTRUSTEE1$0
Victor K BranchTRUSTEE1$0
George Y BirdsongTRUSTEE1$0
W Earle Betts IiiTRUSTEE1$0
J Edward Betts EsqTRUSTEE1$0
Irma BecerraTRUSTEE1$0
Frank Batten JrTRUSTEE1$0
Bradley W BatemanTRUSTEE1$0
Joseph L Austin MdTRUSTEE1$0
John AsburyTRUSTEE1$0
George F Albright JrTRUSTEE1$0
Nancy H AgeeTRUSTEE1$0
A Marshall Acuff JrTRUSTEE1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202100189349300305_public.xml