2026-03-09T11:41:54-05:00 2025-06-30 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2024-07-01 510249730 Northern Virginia Community College Educational Foundation Inc NORT 7033233023 4001 Wakefield Chapel Road 275 Annadale VA 22003 Marc Westenburg Director of Development 7033233023 2026-03-03 1 1 Stacy Cullen P00974308 3012316200 2026-03-03 2024 2025-03-06 01:10:19Z NOVA Foundation Erin Hogan 4001 Wakefield Chapel Road 275 Annadale VA 22003 6133326 0 X giving.nvcc.edu X 1979 VA Collect and manage private resources to support the Northern Virginia Community College. 17 17 1 17 0 0 2176106 2668442 231029 105780 671380 2844069 111544 515035 3190059 6133326 801511 572138 0 0 512362 427152 0 0 80163 1874111 6485436 3187984 7484726 2075 -1351400 38741585 38017894 290498 256193 38451087 37761701 NOVA Foundation supports the college's goal of providing all students with a high-quality, life-changing education. The Foundation raises private funds to enhance nova programs, create student scholarships and offer awards to faculty for programs not supported by state funds. 0 0 6474514 Support of College Programs: The NOVA Foundation exists to significantly increase private philanthropy to build a strong endowment, secure resources to fund NOVA's strategic priorities and sustain initiatives that strengthen the college's community partnerships. The Foundation supports unmet academic and student services needs and workforce programs on all six campuses and through NOVA online. It provides awards to faculty and staff annually for programs and professional development not covered by the state budget. 572138 572138 Student Scholarships and Grants: The NOVA Foundation assists students in obtaining necessary financial resources needed to complete their program of study at Northern Virginia Community College as well as monetary assistance to students to abate short-term financial crises. We educate donors about student needs including the unique challenges facing first generation college students to secure private donations. These scholarships and grants help to remove financial barriers for NOVA students. Our scholarship program consists of more than 325 endowed and annual scholarship funds. This translates to more than 600 individual scholarship awards throughout the year. 85784 105780 Registrations: Supporting college programs through collecting program registrations and facilitating payments from these funds. 7132436 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 91 0 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Kelly Persons 7033233023 4001 Wakefield Chapel Rd Ste 275 Annandale VA 22003 Jennifer Mulchandani Ex Officio Member 1.00 X 0 0 0 Erin Hogan Chair-Left 1.00 X X 0 0 0 Michael Forehand Chair 1.00 X X 0 0 0 Joe Teipe Vice Chair 1.00 X X 0 0 0 Julia Lafferty Co-Treasurer 1.00 X X 0 0 0 Victoria Leone Co-Treasurer 1.00 X X 0 0 0 Anne Kress President, NOVA 1.00 X 0 0 0 Rosie O'Neil Chair of the Governance Co 1.00 X 0 0 0 Debi Alexander Director 1.00 X 0 0 0 Kristina Bouweiri Director-Left 1.00 X 0 0 0 Thomas W Minnick Director 1.00 X 0 0 0 John Porter Director 1.00 X 0 0 0 Buddy Rizer Director- Left 1.00 X 0 0 0 Matt Shank Director-Left 1.00 X 0 0 0 Zuzana Steen Director 1.00 X 0 0 0 John Clarke Director 1.00 X 0 0 0 Donna Shaw Co-Chair 1.00 X 0 0 0 Steve Partridge Director 1.00 X 0 0 0 Wade Tetsuka Director 1.00 X 0 0 0 Carolyn Welch Director 1.00 X 0 0 0 Gaston Araoz Director 1.00 X 0 0 0 Kelly Persons Executive Director 60.00 20.00 X 0 194323 54698 0 194323 54698 1 0 1 0 McGuireWoods Consulting LLC 6930 Mill Falls Drive Dallas TX 75248 Consulting on Government Relations 150000 Irsfeld & Associates 2400 South Cimarron Road Suite 140 Las Vegas NV 89117 Legal & Finance 132000 2 2668442 55034 2668442 Registration 611710 105780 105780 105780 946341 946341 1897728 0 1897728 1897728 1897728 Administrative Income 900099 514837 514837 Other Income 900099 198 198 515035 6133326 105780 0 3359104 572138 572138 427152 335235 21495 70422 47898 37254 10644 124369 24874 99495 97090 97090 85152 69186 15966 31083 23487 6035 1561 25928 20742 2593 2593 2424 2182 242 10296 10296 Fund Expenses 5205022 5205022 Gift Fee Expenses 543865 543865 Program Support 167778 167778 Registration 85784 85784 58747 44889 8513 5345 7484726 7132436 272127 80163 106155 862975 3014890 537362 28994595 29546442 6625945 7071115 38741585 38017894 208773 254567 79550 2175 1626 290498 256193 X 14166614 17058623 24284473 20703078 38451087 37761701 38741585 38017894 -1351400 662014 0 X X 0 1 X 1 0 X 2383237 7236698 3346258 2176106 2668442 17810741 2383237 7236698 3346258 2176106 2668442 17810741 6202531 11608210 404352 390644 484943 770240 946341 2996520 825 9890 111544 515035 637294 21444555 647734 0.54130 0.56780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 150000 150000 0 13533515 219178 1544517 632343 14664867 11898074 96679 1806452 267650 40 13533515 10197416 1117360 1025369 442071 11898074 11950324 285978 -1708022 330804 10197476 9005550 591377 2608362 254965 11950324 0.68749 0.31250 0 0 0 Fixed Income bonds 7071115 F 7071115 Due to Northern Virginia Community College 1626 1626 X 6937065 662014 238815 900829 6036236 97090 97090 6133326 7626451 238815 238815 7387636 97090 97090 7484726 Part V, Line 4: Endowment is maintained in accordance with donor's directive to be held and the use of the income for specific purposes or programs. Part X, Line 2: The Foundation evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of June 30, 2025, there are no accruals for uncertain tax positions. If applicable, the Foundation records interest and penalties as a component of income tax expense. Tax years from 2022 through the current year remain open for examination by tax authorities. 1 Scholarships 40 66388 Emergency Aid 404 505750 Part I, Line 2: In accordance with its mission, the educational foundation provides funding to the Northern Virginia Community College, who awards individual scholarships to students according to policies and procedures at the college. X 0 0 0 0 0 0 0 0 0 Kelly Persons Executive Director 0 194323 0 0 0 0 0 0 0 54698 0 249021 0 0 X 1 27430 FMV X Art & Supplies 9 27604 0 0 0 Form 990, Part VI, Section B, line 11b A copy of form 990 is reviewed by the executive committee of the board of directors and the entire board before it is filed. Form 990, Part VI, Section B, line 12c Conflicts of interest are required to be disclosed immediately. Disclosure statements are obtained annually. Any reported instances are handled on a case-by-case basis. A director is recused from any applicable discussions or votes if a conflict exists. Form 990, Part VI, Section B, line 15 The process for determining top management officials' salaries - the board approves pay bands set by the commonwealth of Virginia and is overseen by the college's human resources office. Form 990, Part VI, Section C, line 19 The organization allows the public to see its governing documents and financial statements upon request. Form 990, Part XII, Line 2c: The audit oversight process has remained unchanged from the previous year. Northern Va Community College Real Estate FDN 4001 Wakefield Chapel Road Annandale VA 22003 311589809 Hold Assets VA 501(c)(3) Line 5 N/A 1 Northern Virginia Community College 4001 Wakefield Chapel Road Annandale VA 22003 541268263 Education VA 501(c)(3) Line 2 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 Northern Virginia Community College P 372675 Actual