This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2025
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2025 | 990 | $26,717,885 | $28,632,189 | $23,179,400 | $691,343,869 | $663,421,146 |
| FY2024 | 990 | $26,268,516 | $25,973,445 | $22,046,593 | $642,086,851 | $617,769,135 |
| FY2023 | 990 | $36,993,722 | $27,100,301 | $19,991,136 | $584,168,697 | $563,515,618 |
| FY2022 | 990 | $24,254,314 | $26,063,917 | $16,959,674 | $539,387,112 | $518,593,479 |
| FY2021 | 990 | $26,799,966 | $22,967,138 | $17,101,529 | $567,221,875 | $549,185,012 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 100% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| Virginia Military InstituteLexington, VA | VARIOUS PROGRAM SERVICES | $18,556,130 | 2025 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Colonel Joseph P Moan Usaf Ret | Board Member | 2.0 | $0 |
| Commander Bree A Guiterman | Board Member | 2.0 | $0 |
| Dr Christopher R Gorman | Board Member | 2.0 | $0 |
| Lt Gen Carl A Strock Usa Ret | Board Member |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| SCHOLARSHIPS |
| $7,303,534 |
| 2024 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | SCHOLARSHIPS | $6,013,560 | 2023 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | SCHOLARSHIPS | $5,382,196 | 2022 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | SCHOLARSHIPS | $5,135,472 | 2021 |
| VMI Alumni Agencies BoardLexington, VA | Administrative Support | $3,417,712 | 2025 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | OTHER | $3,415,450 | 2024 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | OTHER | $3,182,975 | 2023 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | UNDESIGNATED AID | $2,955,441 | 2024 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | OTHER | $2,913,987 | 2021 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | OTHER | $2,785,414 | 2022 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | UNDESIGNATED AID | $2,592,611 | 2023 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | INSTRUCTION | $2,263,329 | 2024 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | PROFESSIONAL CHAIRS | $2,021,684 | 2024 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | UNDESIGNATED AID | $1,874,830 | 2021 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | INSTRUCTION | $1,854,629 | 2023 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | PROFESSIONAL CHAIRS | $1,809,646 | 2023 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | UNDESIGNATED AID | $1,748,760 | 2022 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | JACKSON HOPE | $1,429,264 | 2022 |
| VMI ALUMNI ASSOCIATIONLEXINGTON, VA | ADMINISTRATIVE SUPPORT | $1,380,291 | 2022 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | INSTRUCTION | $1,355,119 | 2022 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | INSTRUCTION | $1,354,662 | 2021 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | JACKSON HOPE | $1,336,590 | 2021 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | JACKSON HOPE | $1,317,200 | 2023 |
| VIRGINIA MILITARY INSTITUTELEXINGTON, VA | PROFESSIONAL CHAIRS | $1,288,845 | 2022 |
| 2.0 |
| $0 |
| Mr Daniel P Thornton | BOARD MEMBER | 2.0 | $0 |
| Mr Daryl L Deke | Board Member | 2.0 | $0 |
| Mr Ernesto V Sampson Jr | Board Member | 2.0 | $0 |
| Mr Gale F Sommers | Board Member | 2.0 | $0 |
| Mr Garland Gray Ii | Board Member | 2.0 | $0 |
| Mr Glen N Jones | Board Member | 2.0 | $0 |
| Mr John F Fick Iii | Board Member | 2.0 | $0 |
| Mr John P Williams | Board Member | 2.0 | $0 |
| Mr Johnathan A Mayo | Board Member | 2.0 | $0 |
| Mr Jonathan T Moody | Board Member | 2.0 | $0 |
| Mr Kimber L Latsha Jd | Board Member | 2.0 | $0 |
| Mr Kurt A Polk | Board Member | 2.0 | $0 |
| Mr Matthew B Hamilton | Board Member | 2.0 | $0 |
| Mr Matthew R Hemenez | BOARD MEMBER | 2.0 | $0 |
| Mr Robert B Gore | Board Member | 2.0 | $0 |
| Mr Robert M Michie | Board Member | 2.0 | $0 |
| Mr Sean P Cantrell | Board Member | 2.0 | $0 |
| Mr Sterling T Sweeney | Board Member | 2.0 | $0 |
| Mr Thomas Henry Zarges | Board Member | 2.0 | $0 |
| Mr William L Taliaferro | Board Member | 2.0 | $0 |
| Mrs Elise G Woodworth | Board Member | 2.0 | $0 |
| Mrs Lara T Chambers | Board Member | 2.0 | $0 |
| Ms Dorcas G Wilkinson | Board Member | 2.0 | $0 |
| Crissy S Elliott | Chief Financial Officer | 2.0 | $0 |
| David L Prasnicki | Chief Executive Officer | 2.0 | $0 |
| Kevin A Ryan | Financial Controller | 2.0 | $0 |
| Meade B King | Chief Operating Officer | 40.0 | $147,347 |
| Theresa I Conrad | Vice President Development | 40.0 | $163,821 |
| Virginia Cameron | Executive Assistant and Corporate Secretary | 40.0 | $52,392 |
| Gregory M Cavallaro | Senior Major Gift Officer | 40.0 | $142,962 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending Jun 30, 2024IRS bulk XML
Filing id 202413209349322136
Form 990 · FY2023 · period ending Jun 30, 2023
Filing id 202303199349315260
Form 990 · FY2022 · period ending Jun 30, 2022
Filing id 202223199349302557
Form 990 · FY2021 · period ending Jun 30, 2021
Filing id 202143199349313434
Form 990 · FY2019 · period ending Jun 30, 2019
Filing id 201933199349301943
Form 990 · FY2018 · period ending Jun 30, 2018
Filing id 201833199349300833
Form 990 · FY2017 · period ending Jun 30, 2017
Filing id 201703199349301410
Form 990 · FY2016 · period ending Jun 30, 2016
Filing id 201623199349308367
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.