The President reports to a board of directors chaired by the Chief Executive Officer of the Virginia Tech Foundation. The President serves as a member of the Virginia Tech Foundation’s senior executive team.
About the Virginia Tech Corporate Research Center
Nestled in the heart of Virginia’s Technology Corridor and adjacent to the Virginia Tech (VT) campus, the VTCRC is home to over 200 research, technology and support companies that currently employ over 3,300 people. Our 230-acre park is located in a beautiful mountain setting, with easy access to the metropolitan areas of northern Virginia and the nation’s capital. The VTCRC also serves as a lead partner with Tech Center, which is a 100-acre mixed-use development in Newport News (http://techcenterva.com/).
The VTCRC, established in 1985, is owned and managed by the Virginia Tech Foundation, a 501 (c)(3) nonprofit non-stock corporation established in 1948. The VTCRC strives to continually develop a prestigious research park for high-technology companies and in collaboration with the university, advance the research, educational and technology transfer missions of Virginia Tech.
The Virginia Tech Foundation was established in 1948 to receive, manage, and disburse private gifts in support of Virginia Tech. Virginia Tech was founded in 1872 and offers 215 programs to over 30,000 undergraduate and graduate students.
Chief Objective of Position:
Primary duties include coordinating the receipt of all stock donations given multiple broker liquidation requirements and IRS gift value regulations to assist in the liquidation of between $7 million and $11 million of stock gifts annually. Position also manages the corresponding accounting of all stock gifts and coordinates information with Development and Foundation personnel, as needed. Position will assist University Assistant Treasurer with various debt related duties issues as needed. Position will assist with records management and requests for payment, and various audit and reconciliation responsibilities.