College Foundation of the University of Virginia
2410 Old Ivy Rd Ste 100, Charlottesvle, VA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $46,909,365 | $20,425,397 | $313,799,426 |
| FY2024 | $23,248,995 | $20,980,963 | $260,652,295 |
| FY2023 | $22,510,807 | $20,853,745 | $243,148,581 |
| FY2022 | $51,045,128 | $21,419,004 | $251,078,016 |
| FY2021 | $21,719,431 | $21,882,527 | $236,926,478 |
| FY2020 | $26,400,108 | $19,218,801 | $171,325,725 |
| FY2019 | $26,156,203 | $19,802,751 | $156,943,395 |
| FY2018 | $11,603,434 | $18,912,698 | $145,625,633 |
| FY2017 | $14,860,249 | $17,529,173 | $140,878,995 |
| FY2016 | $18,186,231 | $20,586,506 | $132,644,026 |
| FY2015 | $26,388,709 | $16,699,744 | $136,916,049 |
| FY2014 | $18,888,393 | $18,550,052 | $121,475,132 |
| FY2013 | $26,995,369 | $9,479,689 | $104,485,447 |
| FY2012 | $11,661,614 | $9,593,880 | $81,300,873 |
Form 990 filings
The returns filed by College Foundation of the University of Virginia (EIN 54-2009312), 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 | $46,373,183 | 99% |
| Program service revenue | $0 | 0% |
| Other revenue | $536,182 | 1% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $12,527,793 | 61% |
| Management & general | $2,040,478 | 10% |
| Fundraising | $5,857,126 | 29% |
What the numbers show
- Contributions & grants made up 99% of total revenue in FY2025.
- Program services accounted for 61% of functional expenses, management & general 10%, and fundraising 29%.
- 61% of functional expenses went to program services in FY2025.
- Net assets covered about 184.4 months of expenses at the end of the reporting year. That puts it in the 71st percentile among 1297 Philanthropy, Voluntarism & Grantmaking Foundations organizations in VA.
- Total revenue was higher than 99.4% of 1337 Philanthropy, Voluntarism & Grantmaking Foundations organizations in VA.
- Total revenue rose from $11,661,614 in FY2012 to $46,909,365 in FY2025. Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2016, FY2017, FY2018, FY2021).
- The highest revenue on record here is $51,045,128 in FY2022.
- Net assets grew from $81,300,873 to $313,799,426 between FY2012 and FY2025.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity).
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 FURTHER THE PURPOSES AND ASPIRATIONS OF THE COLLEGE AND GRADUATE SCHOOL OF ARTS & SCIENCES AT THE UNIVERSITY OF VIRGINIA, BY ADVISING AND SUPPORTING THE DEAN, RAISING FUNDS AND PROMOTING EXCELLENCE AND JEFFERSONIAN DISTINCTION.
IRS status
| Ruling year | 2001 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T30 — Philanthropy, Voluntarism & Grantmaking Foundations (in VA) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (public charity). |
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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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