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:
“Remember that whatever knowledge you do not solidly lay the foundation of before you are eighteen, you will never be master of while you breathe.”
—Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)