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Advancement reports stronger donations and major capital requests for Young Explorer Center and trailer upgrades

Virginia Museum of Natural History Board/Foundation · November 17, 2024
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Summary

Foundation advancement told the board memberships and partnerships are up, donations increased and the foundation endowment surpassed $1 million. Board members were told the Young Explorer Center seeks $640,000 federal and $2,000,000 state funding and $100,000 is planned for mobile trailer upgrades.

Advancement staff updated the board on fundraising metrics, restricted accounts and several pending capital funding requests.

Staff reported membership and corporate partnerships are up about 8% year-over-year and the number of donations is up roughly 17% compared with the prior year. The foundation’s endowment “has now gone over…

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