The foundation receives monies, primarily donations, in support of Virginia Tech in accordance with the policy established by the Board of Visitors. The two primary sources of revenue into the foundation are gifts and other income.
Under the direction of the Vice President for Development and University Relations, the Office of University Development is responsible for planning, organizing and conducting programs to obtain private gift support in accordance with university policies. All fund raising activities must be coordinated with the Office of University Development. The Foundation does not accept raffle proceeds as raffles are not considered a University Development approved fund raising activity.