Civic Intelligence

Virginia Commonwealth University School of Business Foundation

EIN 20-2661802 • 501(c)3 • Richmond, VA

Profile

The mission of the foundation is to assist, support and foster the activities and mission of the school of business at virginia commonwealth university. It solicits, manages and distributes assets to benefit programs in the school of business. It also owns property which is leased to virginia commonwealth university to be used for school of business classes and activities.

301 West Main Street PO Box 8440Richmond, VA 23284-4000

www.business.vcu.edu

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.28x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

3.67x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

60th percentile

8.4%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

9th percentile

$121,408

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

57th percentile

7.6%

Faster asset growth than 57% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

73rd percentile

22%

Faster revenue growth than 73% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$92,167,761

Up $6,474,296 (+7.6%) from 2023

Liabilities

Down

$25,703,266

Down $3,259,369 (-11%) from 2023

Net Assets

Up

$66,464,495

Up $9,733,665 (+17%) from 2023

Operations
Liabilities / Revenue91st percentileNet Margin60th percentile

Revenue

Up

$7,007,769

Up $1,271,216 (+22%) from 2023

Expenses

Down

$6,418,529

Down $295,019 (-4.4%) from 2023

Net Income

Up

$589,240

Up $1,566,235 (+160%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth57th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100M$50M$0Assets 2011: $79,916,490Liabilities 2011: $57,045,274Net Assets 2011: $22,871,2162011Assets 2012: $76,784,320Liabilities 2012: $58,112,328Net Assets 2012: $18,671,9922012Assets 2013: $83,127,247Liabilities 2013: $55,148,573Net Assets 2013: $27,978,6742013Assets 2014: $84,846,831Liabilities 2014: $53,514,695Net Assets 2014: $31,332,1362014Assets 2015: $82,572,309Liabilities 2015: $50,990,738Net Assets 2015: $31,581,5712015Assets 2016: $78,287,714Liabilities 2016: $49,708,213Net Assets 2016: $28,579,5012016Assets 2017: $78,918,614Liabilities 2017: $46,251,412Net Assets 2017: $32,667,2022017Assets 2018: $80,972,584Liabilities 2018: $43,078,229Net Assets 2018: $37,894,3552018Assets 2019: $86,610,540Liabilities 2019: $40,430,456Net Assets 2019: $46,180,0842019Assets 2020: $84,853,521Liabilities 2020: $38,438,840Net Assets 2020: $46,414,6812020Assets 2021: $95,530,224Liabilities 2021: $34,629,150Net Assets 2021: $60,901,0742021Assets 2022: $83,833,161Liabilities 2022: $31,943,333Net Assets 2022: $51,889,8282022Assets 2023: $85,693,465Liabilities 2023: $28,962,635Net Assets 2023: $56,730,8302023Assets 2024: $92,167,761Liabilities 2024: $25,703,266Net Assets 2024: $66,464,4952024

Highlighted filing

2024

Assets$92,167,761
Liabilities$25,703,266
Net Assets$66,464,495
Open 2024 Filing

Operations Trend

Revenue Growth73rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2011: $4,378,2502011Revenue 2012: $3,369,455Expenses 2012: $4,565,254Net Income 2012: -$1,195,7992012Expenses 2013: $6,432,7062013Revenue 2014: $12,109,686Expenses 2014: $7,293,648Net Income 2014: $4,816,0382014Revenue 2015: $6,403,393Expenses 2015: $6,255,907Net Income 2015: $147,4862015Revenue 2016: $5,352,577Expenses 2016: $6,058,481Net Income 2016: -$705,9042016Revenue 2017: $6,318,672Expenses 2017: $6,478,832Net Income 2017: -$160,1602017Revenue 2018: $11,622,167Expenses 2018: $6,988,208Net Income 2018: $4,633,9592018Revenue 2019: $13,934,838Expenses 2019: $6,472,487Net Income 2019: $7,462,3512019Revenue 2020: $9,838,833Expenses 2020: $7,022,347Net Income 2020: $2,816,4862020Revenue 2021: $4,341,602Expenses 2021: $5,212,516Net Income 2021: -$870,9142021Revenue 2022: $4,740,746Expenses 2022: $5,119,965Net Income 2022: -$379,2192022Revenue 2023: $5,736,553Expenses 2023: $6,713,548Net Income 2023: -$976,9952023Revenue 2024: $7,007,769Expenses 2024: $6,418,529Net Income 2024: $589,2402024

Highlighted filing

2024

Revenue$7,007,769
Expenses$6,418,529
Net Income$589,240
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$92,167,761
Liabilities
$25,703,266
Net assets
$66,464,495
Revenue
$7,007,769
Expenses
$6,418,529
Net income
$589,240
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$92.2$25.7$66.5$7.01$6.42$0.59
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$85.7$29.0$56.7$5.74$6.71$0.98
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$83.8$31.9$51.9$4.74$5.12$0.38
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$95.5$34.6$60.9$4.34$5.21$0.87
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.9$38.4$46.4$9.84$7.02$2.82
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$86.6$40.4$46.2$13.9$6.47$7.46
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$81.0$43.1$37.9$11.6$6.99$4.63
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$78.9$46.3$32.7$6.32$6.48$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$78.3$49.7$28.6$5.35$6.06$0.71
2015Detailed filing. Detailed filing data is available for this year.$82.6$51.0$31.6$6.40$6.26$0.15
2014Detailed filing. Detailed filing data is available for this year.$84.8$53.5$31.3$12.1$7.29$4.82
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.1$55.1$28.0$6.43
2012Summary only. Only limited summary data is available for this year.$76.8$58.1$18.7$3.37$4.57$1.20
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$79.9$57.0$22.9$4.38
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 10, 2025
Return Version
2023v6.0
Gross Receipts
$14,691,223
Mission and Program Overview

Mission

The mission of the foundation is to assist, support and foster the activities and mission of the school of business at virginia commonwealth university. It solicits, manages and distributes assets to benefit programs in the school of business. It also owns property which is leased to virginia commonwealth university to be used for school of business classes and activities.

The foundation supports and promotes the activities and mission of the school of business at virginia commonwealth university. It solicits, manages and distributes assets for programs within the school of business. Through those activities, it provides resources to educate students, achieve teaching excellence, and promote scholarly research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$58,642,400$61,819,132▲ $3,176,732
Land, Buildings, and Equipment, Net$19,484,931$18,144,994▼ $1,339,937
Cash and Non-Interest-Bearing Accounts$2,040,786$4,236,270▲ $2,195,484
Savings and Temporary Cash Investments$3,607,442$4,227,785▲ $620,343
Investments in Publicly Traded Securities$440,240$2,054,370▲ $1,614,130
Pledges and Grants Receivable$1,152,790$1,259,350▲ $106,560
Accounts Receivable$162,493$228,366▲ $65,873
Intangible Assets-$0-
Total Assets$85,693,465$92,167,761▲ $6,474,296
Other Assets Total$162,383$197,494▲ $35,111
Liabilities
Accounts Payable and Accrued Expenses$16,459,190$14,689,034▼ $1,770,156
Grants Payable$12,338,730$10,882,962▼ $1,455,768
Deferred Revenue$164,715$131,270▼ $33,445
Total Liabilities$28,962,635$25,703,266▼ $3,259,369
Net Assets / Fund Balance
Net Assets With Donor Restrictions$41,453,656$48,258,138▲ $6,804,482
Net Assets Without Donor Restrictions$15,277,174$18,206,357▲ $2,929,183
Total Net Assets Fund Balance$56,730,830$66,464,495▲ $9,733,665
Total Liabilities and Net Assets / Fund Balance$85,693,465$92,167,761▲ $6,474,296

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,144,994$22,053,130$40,198,124
Other Securities$4,792,738--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$52,454,322$1,646,319▲ $8,466,328$3,370,765$59,196,204
2022$50,085,742$342,645▲ $5,397,278$3,371,343$52,454,322
2021$60,492,015$840,013▼ $8,214,369$3,031,917$50,085,742
2020$48,451,683$453,631▲ $14,586,094$2,999,393$60,492,015
2019$49,287,100$780,975▲ $1,337,821$2,954,213$48,451,683
Compensation and Service Providers
Top Officer Pay9th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura E KottkampSecretaryPT$86,723$34,685$121,408

Board Members and Trustees

NameTitle
Mark E LareauChairman
Melina DavisVice Chairman
Alan R StewartTrustee
Charles F Phillips IiiTrustee
D Glenn HarrisTrustee
David L MondayTrustee
JOHN D O'NEILL JRTrustee
Jeffrey K GronningTrustee
John ZehebTrustee
Juanita B LeatherberryTrustee
Judy C GavantTrustee
Larry HolmonTrustee
Linda T HinesTrustee
Mark M GambillTrustee
Michelle H GluckTrustee
Paul W CrostonTrustee
Peyton F CoxTrustee
Richard T ReineckeTrustee
Robert C SleddTrustee
Robert E HenleyTrustee
Robert GreeneTrustee
Steven a MarkelTrustee
Thomas G Snead JrTrustee
William M GintherTrustee
Brian P BrownEx-officio
Michael RaoEx-officio
Mark NewfieldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,254,072
Program Service Revenue
$3,412,325
Investment Income
$312,710
Other Revenue
$28,662
All Other Contributions
$3,254,072
Change in Net Assets
$589,240

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded6$30,751Quoted Market Value
Total Noncash Contributions6$30,751-

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,855,394
Revenue Not Reported on Financial Statements
$152,375
Revenue Not Reported on Form 990
$9,144,425
Total Revenue per Audited Statements
$15,999,819
Total Revenue per Form 990
$7,007,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,276,168
Grants and Similar Amounts Paid$2,995,130
Salaries, Compensation, and Employee Benefits$147,231
Total Fundraising Expense$115,976
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,995,130--$2,995,130
Depreciation Depletion$1,351,733--$1,351,733
Fees for Services Management$262,330$255,623-$517,953
Fees for Services Other$467,778$6,611$348$474,737
Interest$409,028--$409,028
Fees for Service Investment Mgmnt Fees$152,375--$152,375
Current Officers, Directors, Trustees, and Key Employees$14,723$132,508-$147,231
Other Expenses$83,772$39,918$115,628$83,772
Fees for Services Accounting-$23,450-$23,450
Fees for Services Legal-$17,636-$17,636
Total Functional Expenses$5,826,807$475,746$115,976$6,418,529

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$6,418,529
Expenses per Audited Statements$6,266,154
Total Expenses per Audited Statements$6,266,154
Expenses Not Reported on Financial Statements$152,375
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Virginia Commonwealth UniversityRichmond, VA115Assistance Is Provided in Order to Support the Educational, Scientific and Charitable Activities of Virginia Commonwealth University.$2,432,484
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form 990 is reviewed and discussed by the members of the audit committee prior to filing. The form is made available to all members of the governing body after the audit committee has given approval.”

Form 990, Part VI, Section B, Line 12C

“Annually, all members of the board of trustees are required to sign a conflict of interest statement in order to disclose the existence of any conflicts. The disclosures are reviewed by the audit committee, who then brings any potential conflicts to the nominations and governance committee no less frequently than annually.”

Form 990, Part VI, Section B, Line 15

“The compensation for key positions is governed by applicable policies enforced by virginia commonwealth university and the commonwealth of virginia. Compensation is determined using comparability data, and reviewed at the university level for compliance with existing policies.”

Form 990, Part VI, Section C, Line 19

“Audited financial statements, the most recent form 990 and governing documents are posted on the vcu school of business website. Printed copies are available by written request received by mail at the organization's business address.”

FORM 990 PART VII, SECTION A:

“The vcu school of business foundation does not have its own employees. Services are provided by university employees, who are compensated directly by the university. The university does not meet the irs definition of a related organization. The foundation reimburses the university for the proportional salary and benefits allocated to support of the foundation. The foundation's executive director/secretary is compensated by the university in her capacity as an officer of the foundation. As such, the amount paid by the foundation to the university as a reimbursement of her salary and benefits is reported in part vii, section a as if it was paid directly by foundation.”

Filing and Contact Details

Filer

Filer Name
Virginia Commonwealth University
EIN
20-2661802
Phone
8048281487
Address
301 WEST MAIN STREET PO BOX 8440, RICHMOND, VA 23284-4000

Signing Officer

Name
Laura Kottkamp
Title
Executive Director
Phone
8048281487
Signed
2025-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Kottkamp
Formed
2005
Legal Domicile
Va
Voting Board Members
28
Independent Board Members
28
Employees
0
Volunteers
0

Preparer

Firm
Brown Edwards & Company Llp
Address
4951 LAKE BROOK DRIVE SUITE 375, GLEN ALLEN, VA 23060
Preparer
M James Hartson Jr CPA
Phone
8042826000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process has not changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“Various endowments have been created to support the foundation and its mission. The endowments provide scholarships, support endowed chairs, support programs and other initiatives related to the school of business.”

PART X, LINE 2:

“Management has concluded that the foundation had no significant financial exposure to uncertain tax positions as of june 30, 2024. The tax years of 2021 to 2023 remain subject to examination by the taxing authorities. The organization includes penalties and interest assessed by income taxing authorities in operating expenses. The organization did not have penalties and interest expenses for the year ended june 30, 2024.”

Raw XML AppendixShowing 400 of 649 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt0228366
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE FOUNDATION SUPPORTS AND PROMOTES THE ACTIVITIES AND MISSION OF THE SCHOOL OF BUSINESS AT VIRGINIA COMMONWEALTH UNIVERSITY. IT SOLICITS, MANAGES AND DISTRIBUTES ASSETS FOR PROGRAMS WITHIN THE SCHOOL OF BUSINESS. THROUGH THOSE ACTIVITIES, IT PROVIDES RESOURCES TO EDUCATE STUDENTS, ACHIEVE TEACHING EXCELLENCE, AND PROMOTE SCHOLARLY RESEARCH.
IRS990/AllOtherContributionsAmt03254072
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0LAURA KOTTKAMP
IRS990/BooksInCareOfDetail/PhoneNum08048281734
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0301 WEST MAIN STREET BOX 844000
IRS990/BooksInCareOfDetail/USAddress/CityNm0RICHMOND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0232844000
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IRS990/CollectionsOfArtInd00
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IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01351733
IRS990/DepreciationDepletionGrp/TotalAmt01351733
IRS990/Desc0THE VCU SCHOOL OF BUSINESS FOUNDATION OWNS NONRESIDENTIAL REAL ESTATE. THAT PROPERTY IS LEASED TO VIRGINIA COMMONWEALTH UNIVERSITY FOR $1 PER YEAR, UNDER A LEASE AGREEMENT WHICH EXPIRES IN 2031, FOR THE PURPOSE OF HOUSING THE MAIN TEACHING AND ACTIVITY FACILITY FOR THE SCHOOL OF BUSINESS. THE REMAINDER OF THE RENTAL INCOME IS IMPUTED. THE FOUNDATION HAS RECORDED AS A LIABILITY AN AMOUNT EQUAL TO THE ESTIMATED PRESENT VALUE OF THE FUTURE RENTAL VALUE OF THE FACILITY OVER THE INITIAL LEASE TERM LESS THE $1 ANNUAL RENT PAYMENT. THE FOUNDATION INCURS INTEREST, DEPRECIATION, AMORTIZATION AND LEGAL EXPENSES WITH REGARDS TO THIS ACTIVITY.
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IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
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IRS990/FederalGrantAuditRequiredInd00
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IRS990/FeesForServicesAccountingGrp/TotalAmt023450
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IRS990/FeesForServicesLegalGrp/TotalAmt017636
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IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06611
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IRS990/Form990PartVIISectionAGrp/PersonNm5WILLIAM M GINTHER
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT GREENE
IRS990/Form990PartVIISectionAGrp/PersonNm7JEFFREY K GRONNING
IRS990/Form990PartVIISectionAGrp/PersonNm8D GLENN HARRIS
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT E HENLEY
IRS990/Form990PartVIISectionAGrp/PersonNm10LINDA T HINES
IRS990/Form990PartVIISectionAGrp/PersonNm11LARRY HOLMON
IRS990/Form990PartVIISectionAGrp/PersonNm12JUANITA B LEATHERBERRY
IRS990/Form990PartVIISectionAGrp/PersonNm13STEVEN A MARKEL
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVID L MONDAY
IRS990/Form990PartVIISectionAGrp/PersonNm15JOHN D O'NEILL JR
IRS990/Form990PartVIISectionAGrp/PersonNm16CHARLES F PHILLIPS III
IRS990/Form990PartVIISectionAGrp/PersonNm17RICHARD T REINECKE
IRS990/Form990PartVIISectionAGrp/PersonNm18ROBERT C SLEDD
IRS990/Form990PartVIISectionAGrp/PersonNm19THOMAS G SNEAD JR
IRS990/Form990PartVIISectionAGrp/PersonNm20ALAN R STEWART
IRS990/Form990PartVIISectionAGrp/PersonNm21JOHN ZEHEB
IRS990/Form990PartVIISectionAGrp/PersonNm22MICHAEL RAO
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IRS990/Form990PartVIISectionAGrp/PersonNm24MARK E LAREAU
IRS990/Form990PartVIISectionAGrp/PersonNm25MELINA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm26MARK NEWFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm27LAURA E KOTTKAMP
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IRS990/Form990PartVIISectionAGrp/TitleTxt24CHAIRMAN
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IRS990/Form990PartVIISectionAGrp/TitleTxt26TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt27SECRETARY
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IRS990/MissionDesc0THE MISSION OF THE FOUNDATION IS TO ASSIST, SUPPORT AND FOSTER THE ACTIVITIES AND MISSION OF THE SCHOOL OF BUSINESS AT VIRGINIA COMMONWEALTH UNIVERSITY. IT SOLICITS, MANAGES AND DISTRIBUTES ASSETS TO BENEFIT PROGRAMS IN THE SCHOOL OF BUSINESS. IT ALSO OWNS PROPERTY WHICH IS LEASED TO VIRGINIA COMMONWEALTH UNIVERSITY TO BE USED FOR SCHOOL OF BUSINESS CLASSES AND ACTIVITIES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE VCU SCHOOL OF BUSINESS FOUNDATION SUPPORTS PROGRAMMATIC INITIATIVES OF THE SCHOOL OF BUSINESS PRIMARILY BY MANAGING INVESTED FUNDS AND ADMINISTERING THE DISTRIBUTION OF ANNUAL GIFTS, ENDOWMENT AND QUASI-ENDOWMENT FUNDS. THESE PROGRAMS INCLUDE: ENDOWED CHAIRS AND PROFESSORSHIPS, PROVIDING MERIT SCHOLARSHIPS TO MORE THAN 55 STUDENTS ANNUALLY, DEPARTMENTAL SUPPORT OF FACULTY DEVELOPMENT, STUDENT DEVELOPMENT ACTIVITIES, AS WELL AS RESEARCH SUPPORT AND ASSISTANTSHIPS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0THE VCU SCHOOL OF BUSINESS FOUNDATION ASSISTS AND SUPPORTS VIRGINIA COMMONWEALTH UNIVERSITY'S SCHOOL OF BUSINESS BY PROVIDING EDUCATIONAL CONFERENCES AND NONCREDIT BEARING COURSES FOR MEMBERS OF THE SCHOOL AND COMMUNITY. THESE TYPES OF ACTIVITIES INCLUDE EXECUTIVE EDUCATION COURSES IN LEADERSHIP SKILLS, TECHNICAL TRAINING IN BUSINESS AREAS SUCH AS SIX SIGMA, PROFESSIONAL EXAM REVIEW COURSES AND INDUSTRY CONFERENCES FOR REAL ESTATE, RISK & INSURANCE AND INTERNATIONAL BUSINESS. ANY PROCEEDS FROM CONFERENCES AND NONCREDIT BEARING COURSE REGISTRATIONS THAT EXCEED THE COST OF THE PROGRAMS ARE USED TO SUPPORT PROGRAMMATIC INITIATIVES WITHIN THE SCHOOL OF BUSINESS.
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