The mission of the Virginia Foundation for Independent Colleges is to advance the distinctive values and strengths of fifteen smaller enrollment, primarily residential Virginia member colleges. We do this by securing financial support from the private sector, increasing visibility, facilitating innovative and collaborative initiatives among the colleges, and supporting initiatives which ensure that this personalized educational experience remains an affordable choice for tomorrow’s citizen-leaders.
Lea Booth served as the first Executive Director of the VFIC from 1953-1983 with the foundation then headquartered in Lynchburg, Virginia. In 1983 the VFIC moved its office to Richmond, where it continues today. The VFIC began as an idea devised by George M. Modlin, then president of the University of Richmond and Francis P. Gaines, then president of Washington and Lee University, under the stadium during a football game. To date this idea, with the help of many corporations, foundations and individuals, has provided 15 of Virginia's private colleges and universities with more than $151 million in funding.
Commonwealth of Virginia
One initiative challenges our students to think critically about the role of ethics and choices in all aspects of life. Each year, we host an Ethics Bowl - designed to help students develop their moral compass.
Celebrated 13th Anniversary of the event in 2012.
Last year secured more than $1 million for 604 scholarships.
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
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