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VSUAA Chapter Endowments

Chapter Endowments provide an effective and proven way for local VSUAA chapters to provide financial support to students, within their geographic area -or special interest, who are planning to matriculate or are currently matriculating at Virginia State University. Through a chapter endowment, contributions are invested and only their interest income is used to support annual scholarships.

The principal is never expended so the fund and the resulting scholarships remain in perpetuity. Annual scholarships are awarded once the fund reaches or exceeds a balance of $10,000. This can be accomplished through a Chapter contribution or many contributions over a period of time. Chapters usually announce their annual contribution amount to the University during the Alumni Reunion and Commencement Weekend held in May of each year.

The Alumni Association is proud of the permanent legacies these endowments provide to chapters and the fact that it benefits VSU students, not for today but also tomorrow. Provided below is a detailed listing of the financial commitment VSUAA Chapters have made to Virginia State University through their chapter endowments.

	Endowment Status (as of 03/31/20)	Total Market Value
Virginia State University Alumni Association/ Helen V. Games Endowment Fund (This endowment fund is separate from the various chapter endowments listed below)	$122,868.41	$112,360.11
Chapter Endowments
VSUAA - Agriculture Chapter	$127,032,12	$136,217.30
VSUAA - Baltimore Metro Chapter	$39,959.00	$40,864.24
VSUAA- Betterment of Brothers and Sisters Chapter	$1,000.00	$1,000.00
VSUAA - Chesterfield County Chapter	$16,723.78	$14,611.42
VSUAA - Chicago Area Chapter	$28,484.79	$30,808.42
VSUAA - Columbia, MD Chapter	$14,275.55	$15,235.70
VSUAA - Dinwiddie County Chapter	$25,342.16	$25,256.15
VSUAA - Greater New York Chapter	$36,591.50	$36,142.05
VSUAA - Greater Petersburg Chapter	$1,233.50	$3,190.00
VSUAA - Greater Philadelphia Chapter	$11,950.00	$13,828.16
VSUAA - Hanover Chapter	$25,009.36	$34,589.28
VSUAA - Mecklenburg/Brunswick County Chapter	$16,800.00	$15,887.99
VSUAA - Northern Virginia Chapter	$109,540.00	$108,079.93
VSUAA - Peninsula Chapter	$64,666.55	$64,548.62
VSUAA - Phi Beta Sigma Chapter	$1,000.00	$1,000.00
VSUAA - Prince George's County (MD) Chapter	$9,175.00	$7,799.95
VSUAA - Richmond Chapter	$72,046.83	$71,697.04
VSUAA - Surry-Sussex-PG Chapter	$22,400.00	$21,606.20
VSUAA - Tidewater Chapter	$212,066.89	$206,515.59
VSUAA - Washington, DC Chapter	$63,100.00	$60,792.51
VSUAA - Williamsburg Chapter	$12,000.00	$14,651.31

VSUAA Endowments

VSU To Become First Public HBCU In Virginia To Offer Masters of Business Administration

17 February 2024

Virginia State University is proud to announce that its College of Business has been approved to offer a new Master of Business Administration (MBA) program by the State Council of Higher Education of Virginia (SCHEV). When the new graduate degree program goes into effect for Fall 2024, VSU will be the first public Historically Black College or University (HBCU) in Virginia to offer an MBA in Business Administration.

The Master of Business Administration program will be available in both traditional face-to-face and fully online delivery formats, ensuring students benefit from an engaging and flexible learning experience facilitated by the University's faculty.