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:
“I believe that the mind can be permanently profaned by the habit of attending to trivial things, so that all our thoughts shall be tinged with triviality. Our very intellect shall be macadamized, as it were,—its foundation broken into fragments for the wheels of travel to roll over.”
—Henry David Thoreau (1817–1862)