NonprofitsMedical College Of Virginia Foundation

Education

Medical College Of Virginia Foundation

RICHMOND, VA

Total revenue

$53.2M

Total expenses

$68.6M

Net assets

$961.4M

Grants received

$31.5M

264 grants

EIN

546053660

Tax year

2023

Mission

To support and foster vcu health and vcu health sciences through philanthropy, stewardship, innovation, communication, and collaboration.

Programs

3 programs

To aid, strengthen, and extend work of vcu health (faculty salaries paid to vcu).

Expenses: $19.6MGrants: $19.6M

Scholarships and awards

Expenses: $8.7MGrants: $8.7M

Equip., indigent patient care, & other

Expenses: $208KGrants: $208K

Financials

FY 2023

Revenue

Contributions & grants$45.0M
Program service revenue$1.9M
Investment income$6.3M
Other revenue
Total revenue$53.2M

Expenses

Grants paid$58.3M
Salaries & benefits$4.3M
Fundraising$1.3M
Other expenses$6.0M
Total expenses$68.6M
Total assets$970.2M
Net assets$961.4M

People

50 listed

NameRoleCompensation

MARGARET ANN BOLLMEIER

PRESIDENT & CEO

Board

$439K

40 hrs/wk

BRIAN THOMAS

VP & CHIEF DEVELOPMENT OFFICER

Board

$310K

40 hrs/wk

DAVID SILVER

VP FOR FIN. & ADMINISTRATION

Board

$284K

40 hrs/wk

DARIUS A JOHNSON

CHAIR

Board

1 hrs/wk

Stephen J Gaidos

Chair-Elect

Board

1 hrs/wk

D OSCARLYN ELDER

TREASURER

Board

1 hrs/wk

SUSAN KORNSTEIN MD

SECRETARY

Board

1 hrs/wk

NUPA AGARWAL ESQ

TRUSTEE

Board

1 hrs/wk

DANNY AVULA MD

TRUSTEE

Board

1 hrs/wk

WYATT S BEAZLEY IV JD

TRUSTEE

Board

1 hrs/wk

JOHN O BECKNER RPH

TRUSTEE

Board

1 hrs/wk

MICHAEL BISCEGLIA

TRUSTEE

Board

1 hrs/wk

ELIZABETH ANNE WHALLEY ESQ

TRUSTEE

Board

1 hrs/wk

GEORGE W BURKE III MD

TRUSTEE

Board

1 hrs/wk

ROBERT C CANFIELD

TRUSTEE

Board

1 hrs/wk

ALEX CECIL

TRUSTEE

Board

1 hrs/wk

I LEE CHAPMAN IV

TRUSTEE

Board

1 hrs/wk

RICHARD M CLARY MD

TRUSTEE

Board

1 hrs/wk

SHEILA A CORCORAN

TRUSTEE

Board

1 hrs/wk

PAUL W CROSTON

TRUSTEE

Board

1 hrs/wk

STEPHAN DAVIS DNP MHSA FACHE

TRUSTEE

Board

1 hrs/wk

GEORGE P EMERSON JR

TRUSTEE

Board

1 hrs/wk

PETER FARRELL

TRUSTEE-EX-OFFICIO

Board

1 hrs/wk

ROBERT L FINDLING

TRUSTEE-EX-OFFICIO

Board

1 hrs/wk

JENNIFER F FLINCHUM

TRUSTEE

Board

1 hrs/wk

LOUIS FORMICA DDS

TRUSTEE

Board

1 hrs/wk

MOSES W FOSTER JR

TRUSTEE

Board

1 hrs/wk

SHERYL L GARLAND

TRUSTEE

Board

1 hrs/wk

STEPHEN MCCARTHY GODDARD

TRUSTEE

Board

1 hrs/wk

ELIZABETH HOPKINS

TRUSTEE

Board

1 hrs/wk

BASIL LEONARD HURST III

TRUSTEE

Board

1 hrs/wk

J KEITH MIDDLETON

TRUSTEE

Board

1 hrs/wk

H FREDERICK T MOORE

TRUSTEE

Board

1 hrs/wk

GHULAM D QURESHI MD

TRUSTEE

Board

1 hrs/wk

DOROTHY KEE TILGHMAN RABB

TRUSTEE

Board

1 hrs/wk

W TAYLOR REVELEY III JD

TRUSTEE

Board

1 hrs/wk

MICHELE A ROMANO MD

TRUSTEE

Board

1 hrs/wk

ERNESTO V SAMPSON

TRUSTEE

Board

1 hrs/wk

KATHRYN ELIZABETH JARVIS SCOTT

TRUSTEE

Board

1 hrs/wk

LOUISE WOLTZ SMITH

TRUSTEE

Board

1 hrs/wk

ELLEN E SPONG

TRUSTEE

Board

1 hrs/wk

TRACY KEMP STALLINGS

TRUSTEE

Board

1 hrs/wk

JUDITH FOREHAND STARKEY

TRUSTEE

Board

1 hrs/wk

RICHARD P WENZEL MD MSC

TRUSTEE

Board

1 hrs/wk

T SPENCER WILLIAMSON

TRUSTEE

Board

1 hrs/wk

RACHEL YOST

TRUSTEE

Board

1 hrs/wk

JULIE SEARS

DIRECTOR OF FINANCIAL MGMT

Staff

$177K

40 hrs/wk

ERIC PETERS

VP FOR COMMUNICATIONS

Staff

$155K

40 hrs/wk

GINA PADRONE

Assoc Dir Treasury & Inv Acct

Staff

$107K

40 hrs/wk

Paul Brockwell

Sr. Assoc Dir for Comm

Staff

$101K

40 hrs/wk

Independent contractors

BROCKENBROUGH CO INC

INVESTMENT MGMT

$1.0M

WORTH HIGGINS ASSOC INC

PRINTING

$338K

TWO TANGO INC

ADVERTISING

$257K

EN COMPUTERS

IT SERVICES

$205K

BOTANICA CAPITAL PARTNERS

CONSULTING

$162K

Grants received

Showing 200 of 264

FromAmountPurposeYear
$2.2M
UNRESTRICTED GENERAL SUPPORT
2024
$814K
HEALTH AND WELLNESS
2024
$809K
For nursing scholarships.
2024
$311K
UNRESTRICTED GENERAL
2024
$271K
EDUCATIONAL
2024
$175K
UNRESTRICTED GENERAL SUPPORT
2024
$156K
MEDICAL / PUBLIC SERVICES
2024
$100K
GENERAL OPERATIONS OF THE MASSEY CANCER CENTER ($50,000) AND GENERAL OPERATIONS OF THE PAULEY HEART CENTER ($50,000)
2024
$75K
ADD EQUIPMENT AND FURNISHINGS TO A NEW CLINIC SPECIALLY DESIGNED TO SERVE PATIENTS WITH SPECIAL HEALTH CARE NEEDS AND TRAIN FUTURE ORAL HEALTH PRACTITIONERS ON INCLUSIVE DENTISTRY.
2024
$75K
MASSEY ON MOVE: EXPANDING COMMUNITY IMPACT
2024
$67K
GENERAL OPERATING
2024
$60K
CENTER OF EXCELLENCE GRANTS
2024
$57K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$56K
GENERAL SUPPORT
2024
$40K
CANCER RESEARCH
2024
$33K
Massey Cancer Center - community outreach and support of the Mobile Health Van Project
2024
$25K
Duffer Scholarship Fund
2024
$20K
Duffer Scholarship Fund
2024
$10K
VCU COLLEGE OF HEALTH PROFESSIONS DEPT. OF HEALTH ADMINISTRATION 75TH ANNIVERSARY CELEBRATION
2024
$10K
GENERAL USE BY QUALIFIED DONEE ORGANIZATION
2024
$10K
GENERAL OPERATING
2024
$7K
GENERAL SUPPORT
2024
$6K
GENERAL OPERATING
2024
$5K
TO SUPPORT CHARITABLE PURPOSE
2024
$5K
SMSW HONOREE GRANT - DR. ERMA FREEMAN
2024
$3K
Massey Cancer Center - "Play It Forward" Court fund
2024
$1K
GENERAL EXEMPT PURPOSE
2024
$332
MATCHING GIFTS
2024
$100
GENERAL OPERATING PURPOSE
2024
$25
VOLUNTEER PROGRAM
2024
$3.6M
HEALTH AND WELLNESS
2023
$2.1M
UNRESTRICTED GENERAL SUPPORT
2023
$875K
SUPPORT
2023
$809K
For nursing and nurse practitioner scholarships.
2023
$402K
CULTURE & ARTS
2023
$300K
Grant for expenses
2023
$214K
For grant recipient's exempt purposes
2023
$210K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$156K
MEDICAL / PUBLIC SERVICES
2023
$109K
EDUCATIONAL
2023
$103K
GENERAL OPERATING
2023
$100K
UNRESTRICTED GENERAL SUPPORT
2023
$100K
OPERATIONS SUPPORT FOR MASSEY CANCER CENTER & ANNUAL GIFT - OPERATIONS SUPPORT FOR PAULEY HEART CENTER
2023
$75K
CANCER RESEARCH
2023
$74K
GENERAL OPERATING
2023
$50K
MEDICAL RESEARCH
2023
$44K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$41K
GENERAL SUPPORT
2023
$35K
SOCIAL SERVICES & COMMUNITY ASSISTANCE
2023
$33K
Massey Cancer Center
2023
$30K
Genl Support
2023
$25K
STEM EDUCATION
2023
$20K
Duffer scholarship fund for nursing students
2023
$20K
Nursing Scholarships
2023
$16K
Funding to provide one dental ($10,000) and two dental hygiene ($3,000 each) scholarships
2023
$15K
HELP WITH OPERATING AND PRODUCTION COSTS FOR THE 2024-25 SEASON OF THE VCU HEALTH SYMPHONY
2023
$15K
CHARITABLE
2023
$11K
CHARITABLE DONATION
2023
$10K
GENERAL OPERATING
2023
$10K
Massey Cancer Center Richmond - Women and Wellness
2023
$8K
CONTRIBUTION
2023
$7K
GENERAL SUPPORT
2023
$6K
GENERAL PURPOSE
2023
$6K
Center for Animal-Human Interaction
2023
$5K
OPERATIONS
2023
$5K
Massey Cancer Center Richmond
2023
$5K
CORPORATE DONATION
2023
$5K
GENERAL OPERATING
2023
$5K
GENERAL PURPOSE
2023
$2K
OTHER CIVIC / COMMUNITY
2023
$1K
GENERAL EXEMPT PURPOSE
2023
$1K
OTHER CIVIC / COMMUNITY
2023
$1K
MATCHING GIFTS
2023
$1K
PUBLIC ASSISTANCE
2023
$100
EMPLOYEE GIVING PROGRAM
2023
$100
GENERAL OPERATING PURPOSE
2023
$750K
For nursing and nurse practitioner scholarships.
2022
$483K
ASSIST HOSPITAL PROGRAMS & DEPARTMENTS
2022
$330K
HEALTH AND WELLNESS
2022
$250K
SPONSORSHIP
2022
$200K
HEALTH
2022
$184K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$160K
For grant recipient's exempt purposes
2022
$139K
HEALTH AND WELLNESS
2022
$123K
EDUCATIONAL
2022
$100K
UNRESTRICTED GENERAL SUPPORT
2022
$100K
VCU MASSEY CANCER CENTER MOBILE HEALTH VAN
2022
$100K
FOR THE GENERAL PURPOSES OF THE PAULEY HEART CENTER AND E MASSEY CANCER CENTER
2022
$75K
CANCER RESEARCH
2022
$60K
GENERAL SUPPORT
2022
$40K
GENERAL SUPPORT
2022
$30K
$10,000 NURSING LOIS PARKER HENLEY ENDOWED MERIT SCHOLARSHIP, $2,500 NURSING LOIS PARKER HENLEY ANNUAL MERIT SCHOLARSHIP AND $2,500 NURSING DEAN JEAN GIDDENS ANNUAL MERIT SCHOLARSHIP FUND, $10,000 SMITH FAMILY WAR HEROES INITIATIVE ENDOWMENT $2500, LT. JAMES ALEXNDER SMITH III ANNUAL SCHOLARSHIP AND LT. PARK FAR SMITH ANNUAL SCHOLARSHIP
2022
$25K
Gen'l Support
2022
$21K
GENERAL OPERATING
2022
$20K
OPERATING SUPPORT
2022
$20K
HELP WITH THE OPERATING AND PRODUCTION COSTS FOR THE 2023-2024 SEASON OF THE VCU HEALTH SYMPHONY
2022
$20K
the Duffer scholarship fund for Nursing students
2022
$20K
CHARITABLE DONATION
2022
$19K
GENERAL OPERATING
2022
$8K
GENERAL PURPOSE
2022
$6K
GENERAL OPERATING
2022
$5K
GENERAL SUPPORT
2022
$5K
RESEARCH STUDIES OF BREAST CANCER AT THE MASSEY CANCER CENTER
2022
$5K
FURTHER RESEARCH STUDIES OF BREAST CANCER AT THE MASSEY CANCER CENTER
2022
$5K
CORPORATE DONATION
2022
$3K
RESEARCH STUDIES OF BREAST CANCER AT THE MASSEY CANCER CENTER
2022
$2K
MIP PAYOUT FOR 02/07/2022
2022
$1K
MIP PAYOUT FOR 06/03/2022
2022
$1K
MIP PAYOUT FOR 04/01/2022
2022
$1K
GENERAL EXEMPT PURPOSE
2022
$400
CHARITABLE
2022
$75
GENERAL OPERATING PURPOSES
2022
$655K
For nursing and nurse practitioner scholarships.
2021
$361K
ENDO SCHOLARSHIPS
2021
$356K
PERIO PROFESSORSHIPS
2021
$350K
LINDAUER SCHOLARSHIP
2021
$338K
For grant recipient's exempt purposes
2021
$338K
For grant recipient's exempt purposes
2021
$250K
ORTHO SCHOLARSHIPS
2021
$125K
To assist with their non-profit purpose
2021
$114K
PERIO SCHOLARSHIPS
2021
$100K
OMFS SCHOLARSHIPS
2021
$100K
HARTWELL ENDOWMENT
2021
$86K
PER A GIFT AGREEMENT BETWEEN A DONOR AND VCU FOUNDATION, $85,542 OF PROCEEDS FROM SALE OF PROPERTY GIFTED TO VCU REAL ESTATE FOUNDATION, BY THE DONOR, IS TO BE GIVEN TO THE VCU FOUNDATION TO FULFILL THE DONOR'S PLEDGED GIFT
2021
$73K
GENERAL OPERATING
2021
$50K
REVERE FUND
2021
$45K
Gen'l Support
2021
$40K
VCUHS Naming Grant
2021
$40K
Grant for Capital Expansion
2021
$34K
For recipient's exempt purpose
2021
$20K
ASSIST HOSPITAL PROGRAMS & DEPARTMENTS
2021
$20K
Nursing Scholarships
2021
$16K
TO SUPPORT CHARITABLE PURPOSE
2021
$14K
CHARITABLE DONATION
2021
$10K
GENERAL SUPPORT
2021
$8K
CHARITABLE DONATION
2021
$6K
UNRESTRICTED
2021
$6K
GENERAL OPERATING
2021
$5K
GENERAL OPERATING
2021
$1M
TO SUPPORT NURSING SCHOLARSHIP AND FACILITY
2020
$655K
For nursing and nurse practitioner scholarships.
2020
$577K
PARKINSON'S CENTER,FOR THE CONGDON FAMILY CARDIO-ONCOLOGY RESEARCH ENDOWMENT TO SUPPORT ALL ASPECTS OF RESEARCH IN THE FIELD OF CARDIO-ONCOLOGY, INCLUDING BUT NOT LIMITED TO, SALARY SUPPORT FOR RESEARCH FACULTY, HOUSESTAFF AND STAFF, CLINICAL TRIALS AND RESEARCH EQUIPMENT,FOR THE W. GLENN HURT PROFESSORSHIP IN GYNECOLOGIC SURGERY.,ORTHOPAEDIC DEPARTMENT - THE KASPARI CHAIR,ANNUAL FUND GIFT, TO THE SANDRA LEE STARKEY ENDOWED FUND FOR PILOT PROJECT AND CLINICAL TRIAL RESEARCH AT MASSEY CANCER CENTER; THE LUCIA HAWLEY STARKEY RESEARCH FUND,SCHOOL OF MEDICINE,SCHOOL OF NURSING, PAULEY HEART CENTER, PARKINSON'S DISEASE CENTER, WALTER & BERENICE CRAIGIE ENDOWMENT FOR CARDIOLOGY SCHOLARSHIP, COVID-19 RESPONSE FUND,IN SUPPORT OF PARKINSON'S RESEARCH,THE PARKINSON'S AND MOVEMENT DISORDER CLINIC,DONATION TO THE JUDITH FOREHAND STARKEY ENDOWED NURSING SCHOLARSHIP,TO ASSIST THE WORK OF DR. PETER BUCKLEY AND HIS STAFF ON COVID-19,FOR THE VITAMIN C/COVID-19 TRIAL FUND,THE PARKINSON'S AND MOVEMENT D
2020
$500K
ABRAHAMIAN SCHOLARSH
2020
$322K
For grant recipient's exempt purposes
2020
$250K
TO PROMOTE PRG & STUDY IN
2020
$200K
To assist with their non-profit purpose
2020
$124K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$100K
PER A GIFT AGREEMENT BETWEEN A DONOR AND MCV FOUNDATION, $100,000 OF PROCEEDS FROM SALE OF PROPERTY GIFTED TO VCU REAL ESTATE FOUNDATION, BY THE DONOR, IS TO BE GIVEN TO THE MCV FOUNDATION TO FULFILL THE DONOR'S PLEDGED GIFT
2020
$80K
VCUHS Naming Grant
2020
$75K
GENERAL SUPPORT
2020
$54K
GENERAL CHARITABLE PURPOSE
2020
$50K
LINDAUER SCHOLARSHIP
2020
$50K
LASKIN RESEARCH
2020
$50K
VCU MASSEY CANCER CENTER MOBILE HEALTH CLINIC
2020
$30K
PAID ON BEHALF OF FOUNDATION COVID RESEARCH GRANT
2020
$30K
MULTIPLE SCLEROSIS RESEARCH
2020
$25K
Gen'l Support
2020
$25K
RESEARCH GRANTS
2020
$25K
ANNUAL SUPPORT OF MCV PAULEY HEART CENTER
2020
$20K
Nursing Scholarships
2020
$15K
ASSIST HOSPITAL PROGRAMS & DEPARTMENTS
2020
$10K
GENERAL OPERATING
2020

Funded by

$31.5M from 94 funders · 264 grants · 2017–2024

The Community Foundation Inc

$5.8M · 6 grants · 2019–2024

Morgan Stanley Global Impact Funding Trust Inc

$4.6M · 5 grants · 2022–2024

Lettie Pate Whitehead Foundation Inc

$3.7M · 5 grants · 2020–2024

Dentistry Vcu

$3.2M · 16 grants · 2018–2023

Fidelity Investments Charitable Gift Fund

$1.7M · 8 grants · 2017–2023

Medical College of VA Hospital Aux VCU

$1.4M · 14 grants · 2018–2023

Bedford Falls Foundation

$1M · 1 grant · 2020

Details

EIN546053660
NTEE codeB11
Subsection03
Ruling date2007-10
Formed1949
Employees25
Volunteers43
MEDICAL COLLEGE OF VIRGINIA FOUNDATION — Mission, Financials & Grants Received | Grantivo