The Virginia Tech Foundation (VTF) is a 501(c)(3) nonprofit nonstock corporation established in 1948 to receive, manage, and disburse private gifts in support of Virginia Polytechnic Institute and State University programs. Its board includes the Rector of the Virginia Tech Board of Visitors, the president of the Virginia Tech Alumni Association, the president of the Virginia Tech Athletic Fund, and the president of the university, along with alumni and friends of Virginia Tech.
The foundation recently took on the task of disbursing funds from the Hokie Spirit Memorial Fund to those affected by the April 16, 2007 shooting spree on campus.
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Famous quotes containing the word foundation:
“... in spite of everything, I still believe that people are really good at heart. I simply can’t build up my hopes on a foundation consisting of confusion, misery, and death. I see the world gradually being turned into a wilderness, I hear the ever approaching thunder, which will destroy us too, I can feel the sufferings of millions and yet, if I look up into the heavens, I think that it will all come right, that this cruelty too will end, and that peace and tranquillity will return again.”
—Anne Frank (1929–1945)