• As required by the Corporation for Public Broadcasting, the VTF Executive Committee will receive public input on the proposed FY21 WVTF Budget at its June 5 meeting. The budget presentation and time for public input is scheduled for 10:00 - 10:45 a.m. The meeting will be facilitated via Zoom providing registrants with both dial in and online options. The public can register to attend at https://vtf.org/register/wvtf.

  • The foundation accounting department has released its fiscal 2020 year-end closing schedule. The year-end closing dates for deposits, disbursements, establishing new funds, and corrections to foundation funds are provided on the downloadable schedule. We ask that all departments put in their requests early to allow ample time for processing.

  • When student members of Virginia Tech’s Commodity Investing by Students, or COINS, group heard that spring break was going to be extended for a week and that classes would then move online, they quickly began to think of ways they could keep operating from a distance.
    For some members, that distance was farther than others.

    Colburn Hassman, a senior from Kilmarnock, Virginia, was vacationing in Sweden when he heard the news. But as someone who spent his entire sophomore year abroad, Hassman was prepared to finish out the semester in Stockholm, Sweden, where he now lives with friends he met as a sophomore studying abroad.

    “Having Colburn in Sweden has allowed us to add an international time zone, which is cool for a trading and investment group because when we’re sleeping, Colburn might be up checking on the markets and thinking of strategies so he’ll send us messages on things we can work while he winds down his day and vice versa,” said Muralidhar. “This is really cool because this is what happens at trading and investment firms in the professional world – they’ve got people sitting in Europe, sitting in Asia, so that when markets close in one area, there are people awake in other areas who are ready to act.”

    While the markets have been extremely volatile, COINS members have continued to show their interest by putting in extra time and effort to understand and analyze how societal, agricultural, and political systems are connected and influence commodity markets.

    COINS is housed in the Virginia Tech Department of Agricultural and Applied Economics in the College of Agriculture and Life Sciences, through which Hassman is completing his bachelor’s degree this semester, and manages investments of up to $1 million for the Virginia Tech Foundation.

    Read the full story here.

  • The RADIO IQ News staff was honored with 10 awards from the Virginias Associated Press Broadcasters.

    For the third consecutive year, RADIO IQ was named Outstanding News Operation of the Virginias. “I’m proud that the work of our entire team has been recognized so consistently,” News Director David Seidel said. “Strong individual reporting with the goal of serving our communities will always result in great journalism.”

    In addition to the Outstanding News Operation award, RADIO IQ was also recognized with a first place award in the Continuing News category for its coverage of the February 2019 scandals involving the governor, lieutenant governor, and attorney general.

    Read the full story here.

  • To provide quicker payments and to be responsive to the needs of those working remotely, the Virginia Tech Foundation has developed a new method for enrolling in direct deposit online. We encourage you to begin taking advantage of this new paperless option today by going to https://vtf.org/directdeposit and logging in with your Hokies account to get started. After your enrollment has been processed we will send an email confirmation to your registered work email address. You will also be notified via email from our bank (Wells Fargo) when a payment has been processed on your behalf. Please let us know if you have any questions or concerns by emailing vtf.ap@vtf.org.

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