Annual Financial Report 2024 2025

Virginia Tech Financial Report 2024-2025 Optional Supplementary Information

Virginia Tech Foundation Inc. The purpose of Virginia Tech Foundation Inc. is to receive, invest, and manage private funds given for the support of programs at Virginia Tech and to foster and promote the growth, progress, and general welfare of the university. The information presented on this page is categorized as presented in the foundation’s audited financial statements that follow the Financial Accounting Standards Board (FASB) presentation requirements During the current fiscal year, the foundation recognized $150.9 million in contributions for support of the university. Investment income of $17.0 million along with net gain on investments of $104.5 million resulted in a $125.1 million net gain on investment activity. Property rental and hotel operating income totaled $90.0 million. Other income accounted for $15.8 million. Total income of $378.2 million was offset by $273.2 million in expenses that supported the university and its programs. Direct support to various university programs ag gregated $179.3 million, which included $39.2 million in scholarship support to students and faculty and $13.5 million towards university capital projects. Additional expenses such as fundraising, management and general, research center, hotel operating, golf course, and other costs totaled $93.9 million. Total net position increased by $99.7 million over the previous year and includes the increase in the valuation of split-interest agreements offset by income tax expense.

VTF Revenues, Gains & Other Support For the year ended June 30, 2025 (all dollars in millions)

VTF Expenses For the year ended June 30, 2025 (all dollars in millions)

Program support $126.6 (46.3%)

Contributions $150.9 (39.9%)

Investment income $17.0 (4.5%)

Other income $15.8 (4.2%)

Management and general $21.2 (7.8%)

Hotel Roanoke $29.9 (7.9%)

Student financial aid $39.2 (14.4%)

Net gain on investments $104.5 (27.6%)

Hotel Roanoke $25.8 (9.4%)

University capital outlay $13.5 (4.9%)

Rental income $60.1 (15.9%)

Research park $23.1 (8.5%)

Fundraising $23.8 (8.7%)

VTF Endowment Market Value* For the years ended June 30, 2025 - 2021 (all dollars in millions)

2025

2024

2023

2022

2021

500 1,000 1,500 2,000 2,500

*Source: Virginia Tech Investment Managers, unaudited Market value of endowment funds includes agency deposits held in trust of $719.3 million.

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