The Virginia Tech Foundation, Inc. was established in 1948 to receive, manage, and disburse private gifts in support of Virginia Tech. The Foundation manages $1.7 billion of assets on behalf of Virginia Tech. Virginia Tech was founded in 1872 and offers 275 programs to over 33,000 undergraduate and graduate students. Virginia Tech is a public land-grant university, committed to teaching and learning, research, and outreach to the Commonwealth of Virginia, the nation, and the world. Building on its motto of Ut Prosim (that I may serve), Virginia Tech is dedicated to InclusiveVT—serving in the spirit of community, diversity, and excellence.
The Associate Vice President and General Counsel leads the real estate enterprise corporate compliance, insurance and risk management, and legal affairs for the Foundation and all of its various affiliated subsidiaries and related entities including a technology transfer corporation, historic hotel, golf course, public radio station, real estate holding companies and a corporate research park.
Reporting to the Chief Executive Officer, the Associate Vice President and General Counsel serves as an integral member of the leadership team of the Foundation. This individual leads the in-house legal team which performs such functions such as drafting, revising and reviewing corporate and contract documents, providing legal advice and support on matters affecting Foundation operations and maintaining a professional working relationship with VT administration to ensure compliance with governmental regulations and University policies. In addition, the position assists the CEO and Secretary-Treasurer of the Foundation and its subsidiaries with all legal matters related to asset acquisition, management, and disposition. The Associate Vice President and General Counsel acts as the Risk Management liaison and works with the broader community with respect to the Foundation’s involvement in activities that support the University’s mission.
• Responsible for all legal matters related to real estate, construction, corporate formation, organization and structure, asset acquisitions and dispositions, tax exempt and taxable bond financing, public-private partnerships, risk management, intellectual property, trusts and estates, taxation, employment, bankruptcy, litigation, secured transactions, compliance, and telecommunications.
• Lead in-house legal advisory team to the Foundation, subsidiary entities and other University related entities.
• Provide counsel and advice to management with respect to the legal implications of matters affecting the operations of the Foundation.
• Negotiate, draft, revise and review corporate agreements and other contractual documents.
• Manage all of the Foundation’s real estate holdings, including all acquisitions, dispositions, construction and development projects, leasing, and administration.
• Provide leadership on all major real estate acquisitions and developments, including interfacing with the University on joint capital projects.
• Responsible for planning, evaluating, budgeting, and implementing the real estate ventures of the Foundation in compliance with applicable internal and external policies, procedures and approval processes.
• Works with Associate General Counsel on trust and estate administration.
• Oversee the Foundation’s risk management activities and implementation of strategies to minimize institutional risk and ensure compliance with federal and state law and Foundation policy.
• Work with Foundation staff on developing and modifying practices, policies and procedures to conform to legal and regulatory requirements.
• Engage in structuring significant and complex gifts with donors, donor’s counsel and advisors, University Advancement officers, and senior University administration, developing related gift agreements and other documentation, and providing advice regarding tax implications.
• Supervise a team of professionals including two (2) Associate General Counsels, three (3) real estate staff and one (1) administrative/legal staff, and oversee the work of independent contractors, outside legal counsel, and other external specialists and consultants as required.
• Work and coordinate closely with the University General Counsel’s office and the University’s real estate management division.
•Complete other assignments as assigned by the CEO.
• Law degree from an accredited university with extensive legal experience as a corporate attorney, preferably with experience in non-profit organizations, higher education institutions, estate planning and charitable giving, tax planning and real estate.
• Broad-based knowledge of applicable federal and state laws and regulations.
• Member of or eligible for admission to the Virginia State Bar.
• Ability to determine and articulate legal and ethical implications of operations and advise management of necessary course of action.
• Technical expertise in the non-profit organization, charitable giving, tax planning and estate planning areas of law.
• Excellent verbal and written communication skills for a wide range of audiences.
• Strategic thinker with sound judgment and an acumen for problem solving.
• Excellent organizational skills with attention to detail and the ability to effectively plan and problem solve.
• Results-oriented with a keen understanding of the steps necessary to achieve goals on deadline and within budget.
• Ability to foster relationships with external associates, decision makers, and stakeholders; work collaboratively and independently; and meet internal and external demands and deadlines in a fast-paced environment.
• Ability to effectively analyze issues, evaluate alternatives, engage others including groups and organizations and senior level business and community leaders, and implement actions.
• A demonstrated record of inclusive leadership with excellent interpersonal skills and strong ability to influence others and build collaborative relationships and productive environments.
Regional, national, and international travel required, which may include overnights and weekends.
Salary commensurate with the candidate’s background and experience.