2024 SWVHEC Annual Report

Southwest Virginia Higher EducationCenter Foundation

The Southwest Virginia Higher Education Center Foundation provides administrative services to support the Center entities, including real property management for the benefit of the Center, and to use and administer gifts, grants, bequests and devises for the benefit of the Center.

Mission Statement

Pursue grant and funding opportunities to support the programming and mission of the Higher Education Center Create an endowment to support scholarships and future programming in perpetuity Establish and enhance relationships to continue to serve the Higher Education Center

Goals

$52.5K

$1.8M

$127K

Recent GO Virginia planning grant award to research and create a Middle School Energy Education Academy

Grant funding secured in FY24 for Regional Simulation Lab for Nursing and Allied Health

Available for scholarships

Annual rental income from property at 21371 Forsythe Road, Bristol $140K

$6.4M

Operating budget (inclusive of grants) $1.75M

Foundation Assets (including building at 21371 Forsythe Road, Bristol)

2023-24 Annual Report

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