VMI Foundation
FOR THE ADVANCEMENT, PROMOTION, ENCOURAGEMENT, WELFARE AND PROGRESS OF VIRGINIA MILITARY INSTITUTE (VMI), A STATE-SUPPORTED COLLEGE, AND ADVANCEMENT, WELFARE AND PROGRESS OF THE VMI ALUMNI ASSOCIATION, WHO ALSO SUPPORTS VMI IN CONJUNCTION WITH ALUMNI RELATIONS TO FURTHER SUPPORT.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$691.3M
+7.7% YoY
Annual Giving
$23.2M
Grant Count
3
Avg Grant Size
$7.7M
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $691,343,869 | $642,086,851 | $584,168,697 |
| Revenue | $26,717,885 | $26,268,516 | $36,993,722 |
| Expenses | $28,632,189 | $25,973,445 | $27,100,301 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $10,882,334 | $13,628,001 | $13,419,092 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does VMI Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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- 11M+ connections in GrantGraph™
Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Colonel Joseph P Moan USAF Ret | Board Member | 2 | — |
| Commander Bree A Guiterman | Board Member | 2 | — |
| Dr Christopher R Gorman | Board Member | 2 | — |
| Lt Gen Carl A Strock USA Ret | Board Member | 2 | — |
| Mr Daniel P Thornton | BOARD MEMBER | 2 | — |
| Mr Daryl L Deke | Board Member | 2 | — |
| Mr Ernesto V Sampson Jr | Board Member | 2 | — |
| Mr Gale F Sommers | Board Member | 2 | — |
| Mr Garland Gray II | Board Member | 2 | — |
| Mr Glen N Jones | Board Member | 2 | — |
| Mr John F Fick III | Board Member | 2 | — |
| Mr John P Williams | Board Member | 2 | — |
| Mr Johnathan A Mayo | Board Member | 2 | — |
| Mr Jonathan T Moody | Board Member | 2 | — |
| Mr Kimber L Latsha JD | Board Member | 2 | — |
| Mr Kurt A Polk | Board Member | 2 | — |
| Mr Matthew B Hamilton | Board Member | 2 | — |
| Mr Matthew R Hemenez | BOARD MEMBER | 2 | — |
| Mr Robert B Gore | Board Member | 2 | — |
| Mr Robert M Michie | Board Member | 2 | — |
| Mr Sean P Cantrell | Board Member | 2 | — |
| Mr Sterling T Sweeney | Board Member | 2 | — |
| Mr Thomas Henry Zarges | Board Member | 2 | — |
| Mr William L Taliaferro | Board Member | 2 | — |
| Mrs Elise G Woodworth | Board Member | 2 | — |
| Mrs Lara T Chambers | Board Member | 2 | — |
| Ms Dorcas G Wilkinson | Board Member | 2 | — |
| Crissy S Elliott | Chief Financial Officer | 2 | — |
| David L Prasnicki | Chief Executive Officer | 2 | — |
| Kevin A Ryan | Financial Controller | 2 | — |
| Meade B King | Chief Operating Officer | 40 | $147,347 |
| Theresa I Conrad | Vice President Development | 40 | $163,821 |
| Virginia Cameron | Executive Assistant and Corporate Secretary | 40 | $52,392 |
| Gregory M Cavallaro | Senior Major Gift Officer | 40 | $142,962 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
What could you do with VMI Foundation on Grantable?
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