The U.Va. Parents Annual Fund
The Parents Annual Fund is affiliated with the U.Va. Fund, a 501(c)(3) tax-exempt charitable entity located in Charlottesville, Va. All contributions to the Parents Fund are tax-deductible to the extent allowed by the Internal Revenue Code. The campaign year runs from July 1 to June 30.
Contributions are generated for the Parents Annual Fund through annual solicitations and committee participation. Annual solicitations include:
- Direct mail
- Phonathon
- Peer-to-Peer
- Online
Each fall, members of the committee distribute the dollars raised during the previous fiscal year through a grant allocation process. Students, organizations and administrators are invited to submit proposals for the committee to review. Funds are allocated based on the following criteria:
- Improving the life experience of the current student body
- Impacting as many students as possible
- Providing “seed” money for new projects, programs or organizations, or to meet a one-time need (not provide annual funding for an existing program on an on-going basis)
- Being sound in reasoning and design
Funds are not allocated to grants or to parts of grants that:
- Include speaker fees, honoraria or travel fees of any kind
- Duplicate other services or projects