The Virginia Tech Foundation, Inc. (Foundation) was established in 1948 to receive, manage, and disburse private gifts in support of Virginia Tech programs. The Foundation is a 501(c)(3) nonprofit corporation governed by its board of directors. The Foundation serves the university by generating funding from private sources and aggressively managing its assets to provide funding that supplements 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.
Primary duties include coordinating the receipt of all stock donations given multiple broker liquidation requirements and IRS gift value regulations to assist in liquidating between $7 million and $11 million of stock gifts annually. Coordinates with stockbrokers regarding stock registered in street names, account numbers for the proper direction of stock gifts, and tracking unknown gifts through various broker networks. Prepares journal entries subsequent to stock sale and follows through with appropriate documentation. Assists with departmental records management, payment requests, and various audit and reconciliation responsibilities.
Associate's degree required. Excellent oral and written communications skills. Individual must have the ability to prioritize daily activities and be extremely organized. A thorough understanding of Windows and Microsoft Office applications are required.
Competitive salary and benefits package will be offered.