Virginia Tech Foundation

The Virginia Tech Foundation, Inc. (Foundation) was established in 1948 to receive, manage, and disburse private gifts in support of Virginia Polytechnic Institute and State University (popularly known as Virginia Tech) programs.

The Foundation is a 501(c)(3) nonprofit nonstock corporation governed by a board of directors. The Articles of Incorporation of the Foundation provide that the Rector of the Board of Visitors, the president of the Alumni Association, the president of the Athletic Fund, and the president of the University shall be members of the Foundation board. The remainder of the board is composed of alumni and friends of the university who are elected by a vote of the members of the board of the Foundation.

The Foundation serves the university by generating significant funding from private sources and aggressively managing its assets to provide funding which supplement state appropriations. The Foundation provides additional operating support to colleges and departments, assists in the funding of major building projects, and provides seed capital for new university initiatives.

The Virginia Tech Corporate Research Center (CRC), a subsidiary of the Virginia Tech Foundation, continues to expand. Currently, more than 120 research and development businesses and research centers are located at the park. Total employment is more than 1,850. The CRC is recognized globally as a premier research center and often serves as a model for other universities.

Foundation related corporations have full ownership of the Hotel Roanoke LLC. The Hotel Roanoke is a member of the prestigious Historic Hotels of America program administered by the National Trust for Historic Preservation. Hotel Roanoke is one of only 167 properties in 41 states, the District of Columbia, and Puerto Rico with this designation. The Hotel Roanoke and Conference Center is also on the National Register of Historic Places based on its significance in Roanoke since opening its doors in 1882.

WVTF, a national public radio affiliate, is owned by the Virginia Tech Foundation and provides public radio services to much of Virginia and portions of North Carolina, Tennessee, and West Virginia. WVTF remains committed to its mission of offering a high-quality communications service to the region. Through its important and substantive radio programming, both regional and national, WVTF gives the region´s residents the quality, depth, perspective, and context needed for citizens to connect with their local communities and the world in a meaningful way.

The Center for European Studies and Architecture(CESA) is the university´s European campus center and base for operations and support of its programs in the region. The center´s location in Ticino, the Italian-speaking canton of Switzerland, is also close to major northern Italian cities such as Milan. A wide variety of semester-long and summer study abroad programs provide diverse learning experiences for undergraduate and graduate students. The residential learning communities based at CESA go far beyond the traditional classroom experience and take advantage of Ticino´s strategic location. With spectacular natural beauty, varied educational opportunities, and rich cultural and historical heritage in the area, CESA offers the potential for a unique international experience.

The Pete Dye River Course of Virginia Tech is a Pete Dye signature design winding along 2.5 miles of the scenic and historic New River. A turf care center and teaching/training center for the Virginia Tech Golf Team are on-site. The golf course has several features that are designed to make it more player-friendly. The green-to-tee distance has been shortened to reduce slow play, the mounding along the fairways are shaped so that errant shots bounce toward the fairways instead of away from them, and most greens are open in the front permitting a shot to roll onto the green. Mr. Dye´s trademark bunkering is visible throughout the course and no green has more than a three per cent slope on the putting surface. Each hole features five sets of tees, making the golf course playable for everyone.