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:
“The most excellent and divine counsel, the best and most profitable advertisement of all others, but the least practised, is to study and learn how to know ourselves. This is the foundation of wisdom and the highway to whatever is good.... God, Nature, the wise, the world, preach man, exhort him both by word and deed to the study of himself.”
—Pierre Charron (1541–1603)