• The Virginia Tech Foundation Executive Committee will consider the annual budget for WVTF Public Radio and RADIO IQ at its meeting June 21 at The Hotel Roanoke & Conference Center, 110 Shenandoah Ave. NW in Roanoke.

    The portion of the meeting dealing with WVTF will begin at 11 a.m. and is open to the public because a portion of the WVTF budget comes from public funds. Only the portion of the meeting concerning the WVTF budget will be held in open session.

    Services of Virginia Tech, WVTF Public Radio, and RADIO IQ are listener-supported National Public Radio member stations. They broadcast locally and nationally produced classical and jazz music programs, NPR and BBC news shows, and locally produced news and other cultural and entertainment programs. The stations cover central, southwest, and southern Virginia, as well as parts of North Carolina and West Virginia.

  • The foundation accounting department has released its fiscal 2019 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.

  • The endowment payout for the upcoming fiscal year will remain the same as the current FY 18-19 payout of 4.31%. Read the full memo for additional details.

  • Nearly two years after the creation of the VTC Innovation Fund, the Virginia Tech Foundation and Carilion Clinic have again partnered to create the VTC Seed Fund, a $7 million venture capital fund, to facilitate additional pathways for innovative products and technologies to be commercialized.

    The VTC Seed Fund expects to further increase engagement and mentorship with Virginia Tech alumni, Carilion faculty/employees, regional entrepreneurs, and high-net-worth individuals. Read the full article on VT News here.

  • STEAM Coffee + Eatery, a grab-and-go retail space that opened to the public on Oct. 10 in The Hotel Roanoke & Conference Center, is the newest addition to the historic property’s food and beverage offerings.

    As an authorized purveyor of Starbucks, STEAM Coffee + Eatery celebrates the treasured rail heritage of the region throughout the design and themes of the new space. Read the full article on VT News here.

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