University of Virginia Foundation
PO Box 400218, Charlottesvle, VA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $44,146,959 | $53,872,560 | $184,335,847 |
| FY2024 | $40,377,376 | $46,962,749 | $180,194,845 |
| FY2023 | $36,029,398 | $42,793,132 | $179,607,766 |
| FY2022 | $36,530,024 | $38,097,393 | $183,472,488 |
| FY2021 | $32,016,454 | $35,669,589 | $187,882,697 |
| FY2020 | $30,765,044 | $36,167,858 | $145,182,952 |
| FY2019 | $38,154,464 | $31,462,248 | $150,072,835 |
| FY2018 | $53,148,981 | $33,197,725 | $145,769,903 |
| FY2017 | $28,942,670 | $31,607,884 | $119,536,909 |
| FY2016 | $22,722,382 | $24,468,435 | $111,134,309 |
| FY2015 | $23,152,677 | $24,534,595 | $116,034,638 |
| FY2014 | $37,480,974 | $25,049,220 | $111,870,428 |
| FY2013 | $26,942,298 | $23,874,564 | $90,391,384 |
| FY2012 | $22,616,237 | $22,361,516 | $78,174,932 |
Form 990 filings
The returns filed by University of Virginia Foundation (EIN 54-1682176), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $7,766,437 | 18% |
| Program service revenue | $35,667,426 | 81% |
| Other revenue | $713,096 | 2% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $50,820,607 | 94% |
| Management & general | $3,051,953 | 6% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 81% of total revenue in FY2025.
- Program services accounted for 94% of functional expenses, management & general 6%, and fundraising 0%.
- 94% of functional expenses went to program services in FY2025. That is higher than 88.2% of 136 Education organizations in VA.
- Net assets covered about 41.1 months of expenses at the end of the reporting year. That puts it in the 70th percentile among 1604 Education organizations in VA.
- Total revenue was higher than 97.4% of 1641 Education organizations in VA.
- Total revenue rose from $22,616,237 in FY2012 to $44,146,959 in FY2025. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 9 of 14 reported years (FY2015, FY2016, FY2017, FY2020, FY2021, FY2022, FY2023, FY2024, FY2025).
- The highest revenue on record here is $53,148,981 in FY2018.
- Net assets grew from $78,174,932 to $184,335,847 between FY2012 and FY2025.
- Contributions and grants made up 9% of revenue in FY2012 and 18% in FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO PROVIDE ADMINISTRATIVE SERVICES TO UNIVERSITY ENTITIES, UNIVERSITY ASSOCIATED ORGANIZATIONS, OR OTHER ENTITIES INVOLVED IN ACTIVITIES WHICH SUPPORT THE UNIVERSITY. TO ENGAGE IN MATTERS PERTAINING TO REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY.
IRS status
| Ruling year | 1995 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B110 — Education (in VA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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