b'I M P A C T R E P O R T - 2 0 2 32 5 GRE AT ER foundationsLetter From The VSU Foundation ChairGreetings, The Virginia State University Foundation Board of Trustees and Staff is pleased to express our appreciation for the support we receive from the Office of Advancement and External Engagement (AEEO).Their partnership is proving to be invaluable as we continue to strengthen our universitys financial position in a very competitive environment.Our Foundation Board talent is an outstanding mix.We have corporate executives, business owners, attorneys, data analyst, non-profit experience, banking executives and CPAs.This mix ensures that the Board will continue to provide visionary leadership to managing its financial assets.The Virginia State University Foundation serves as an affiliated organization with a mission of assisting the University through financial support and financial management services.In fiscal year 2024, Foundation endowments and operating funds given by corporations, alumni and friends, provided the university with $912,813 in scholarships, $134,440forathletics,and$1,907,488toProgramsforanapproximatetotalof $2,966,741.This is approximately $720,000 more than last fiscal year.The Foundation is continuing to partner with the Universality in purchasing properties on its borders.This is a significant step towards ensuring the University controls its footprint and allows it to create a safer environment.The Foundation is very appreciative of AEEO for its dedication and commitment to its mission.This allows the Foundation assets to grow.Our successful partnership strengthens both missions and directly benefits the University and its students.In Trojan SpiritBrenda Stith FinchBrenda Stith Finch, 71ChairVSU FOUNDATION BOARD OF TRUSTEES 2023-2025Ms. Brenda Stith-Finch Chair Shardae Holmes STUDENT REPRESENTATIVECOL(Ret.) Earnest A. Bazemore Vice Chair Mr. Kevin Davenport Khadijah Thomas Mr. Samuel R. Rhue, MBA Emeritus Dr. Joe Chase OTHERSMr. Dante Jackson Ms. S. Angel ClarkeRobert L. Turner, Jr., Esq. Exe. DirectorMs. Valarie A. Jones, Esq. Ms. Kara C. King Bess, MBA, CPA Ms. Pareta Roberts,CPA Mr. Frasier Brickhouse, II, CPA Mr. Mario M. White Ms. Kimberly A. AdamsMr. Wilbert J. Briggs, Sr. Cody Mitchell Dr. Makola M. Abdullah Ex OfficioMrs. Beverly Everson-Jones Dr. Willis W, Walter Ms. Carol JudkinsMr. Frank Jones Emeritus Mrs. Laurie CarpenterDr. Nardos King FOUNDATION FELLOWSLTC (Ret.) Claude A. Wood Michael WessonCAPT(Ret) William E. Bailey Emeritus Adolph Brown4 2 E G A P LTC (Ret.) Irene F. Logan Treasurer Chenqua HaydenMr. Cliff Taylor Tiffany GullinsMr. Steven Hicks Asia RodriquezDanielle Jones Secretary'