UNIVERSITY OF VIRGINIA ENGINEERING FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

UNIVERSITY OF VIRGINIA ENGINEERING FOUNDATION INC

EIN 54-6052945 · Alumni Associations (B84)

What they do

THE FOUNDATION SUPPORTS THE MISSION of THE UNIVERSITY of VIRGINIA SCHOOL of ENGINEERING and APPLIED SCIENCE BY LEADING EFFORTS to BUILD and SUSTAIN BENEFICIAL RELATIONSHIPS and BY RAISING, INVESTING, MANAGING and PROVIDING EXTERNAL PRIVATE FINANCIAL RESOURCES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders40 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

65.31%of revenue went to mission work94.6% of expenses · Program services

1.35%of revenue went to fundraising2.0% of expenses

$69.06spent for every $100 of revenueRevenue covered expenses this year.

2.40%of revenue went to management and office costs3.5% of expenses

$10.74in assets for every $1 spent this yearSome assets cannot be spent right away.

95.6%of its money came from giftsOther money may come from services or investments.

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Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,853,658

Mission workProgram services$7,741,87465.31% of revenue94.6% of expenses

ManagementOffice and general costs$284,0002.40% of revenue3.5% of expenses

FundraisingAsking for donations$159,9171.35% of revenue2.0% of expenses

Revenue left after expensesReported annual surplus$3,667,86730.94% of revenueShown in gray on the chart

Total expenses$8,185,79169.06% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 94.6% mission · 3.5% management · 2.0% fundraisingTotal expenses: 69.06% of revenue

2023Expense mix: 90.8% mission · 9.0% management · 0.2% fundraisingTotal expenses: 56.15% of revenue

2022Expense mix: 92.8% mission · 7.2% management · 0.0% fundraisingTotal expenses: 85.39% of revenue

2021Expense mix: 94.9% mission · 5.0% management · 0.0% fundraisingTotal expenses: 106.37% of revenue

2020Expense mix: 96.1% mission · 3.9% management · 0.0% fundraisingTotal expenses: 113.03% of revenue

2019Expense mix: 95.6% mission · 4.4% management · 0.1% fundraisingTotal expenses: 14.93% of revenue

2018Expense mix: 95.7% mission · 4.2% management · 0.1% fundraisingTotal expenses: 66.75% of revenue

2017Expense mix: 97.7% mission · 2.3% management · 0.0% fundraisingTotal expenses: 149.46% of revenue

Money in and money out

Revenue$11,853,658

Expenses$8,185,791

Annual surplus $3,667,867 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,741,874 · 94.6% of expenses

Management and office costs$284,000 · 3.5% of expenses

Fundraising$159,917 · 2.0% of expenses

See all reported dollar amounts

Revenue$11,853,658

Expenses$8,185,791

Assets$87,900,863

Income$12,728,540

Contributions$11,329,294

Mission work (program services)$7,741,874

Fundraising$159,917

Grants given$31,674,087

Average grant$3,959,261

Management and general$284,000

Accounting fees$101,481

Investing fees$143,229

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (40)

S RIXEY JONESTRUSTEE

KENNETH D YAGENTRUSTEE

KRISTINE LIPSCOMBTRUSTEE

LAUREN HUNTER CARTERTRUSTEE

MIKE RAKERTRUSTEE

NANCY CALLAHANPRESIDENT

NATALIE GRANDISONTRUSTEE

RICHARD W CHYLLATRUSTEE

ROBERT E BREMERTRUSTEE

RUSSELL B MAITTRUSTEE

KENNETH LUTCHENTRUSTEE

THOMAS C SKALAKTRUSTEE

TIFFANY SHELDON LINKAUDIT COMMITTEE CHAIR

TOKS MALIK ASHIRUTRUSTEE

WARREN BUFORDTRUSTEE & EXECUTIVE DIRECTOR

WESLEY L HARRISTRUSTEE

WILLIAM A CARPENTERTRUSTEE

WILLIAM BLAISE WARRENPRESIDENT-ELECT

WILLIAM J GORMAN JRTRUSTEE

WILLIAM L DELONG IIITRUSTEE

GRACE HOBBY GRUNDYTRUSTEE

ADAM N HARRELL JRTRUSTEE

ANNE C KROMKOWSKITRUSTEE

ANNE HAMMONS AUNINSTRUSTEE

ANTOINETTE TSAI WYTHESTRUSTEE

CRYSTAL C ROTRUSTEE

DARIA S TORRESTREASURER

DAYNA GRAYSONTRUSTEE

ERIC STARKOFFTRUSTEE

FRANCO R TAOTRUSTEE

AARON G HUGHESTRUSTEE

HANNAH MCCLELLAN RICHARDSTRUSTEE

JENNIFER WESTDEAN OF SEAS & EX-OFFICIO

JIAJUN ZHUTRUSTEE

JOHN NISITRUSTEE

JOHN SIVOLELLAFINANCE CHAIR

JOHN B KOCHSECRETARY

JOHN R PEELERTRUSTEE

JONATHAN BECHERTRUSTEE

KATHRYN A HARRISPAST PRESIDENT

About this charity

Recognized since: January 1960
Location: PO BOX 400256, CHARLOTTESVLE, VA 22904-4256
County: Charlottesville (city)
In care of: DARIA TORRES
Primary officer: DARIA TORRES, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(434) 243-9000

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: HANTZMON WIEBEL LLP
NTEE classification: Alumni Associations (B84)
IRS tax category: Alumni Associations
Grant-giving organization: Yes