Builders Exchange Inc
To provide its 500+ member firms news of new developments in Virginia's construction industry through the publication of a weekly bulletin listing construction projects with details for commercial, industrial and institutional public bidding activities in the private, state, local, VDOT, and federal sectors. To provide its members with the plans and specifications of the projects in the various sectors and additional related reference materials.
Builders Exchange Inc at a glance
In short: Builders Exchange Inc gave $614K across 6 grants in 2023 (avg $102K), mostly in Virginia. Source: 2023 IRS Form 990.
- Annual giving (2023)
- $614,000
- Grants made (2023)
- 6
- Average grant
- $102,333
- Median grant
- $125,000
- Primary geography
- Virginia (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990, 2023 View filing
Data from IRS Form 990, 2023; updated September 2026.
Who Builders Exchange Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2023
The largest 2023 recipient was Chesterfield Education Foundation ($150K). Together the top 6 received $614K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 6 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2023 it made 6 grants totaling $614K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chesterfield Education Foundation Midlothian, VA | Assist in organization's mission | $150,000 |
| Associated General Contractors of VA Education Foundation Glen Allen, VA | Assist in organization's mission | $150,000 |
| ACE Center at Highland Springs Highland Springs, VA | Assist in organization's mission | $150,000 |
| Cveca Richmond, VA | Assist in organization's mission | $100,000 |
| Powhatan High School Powhatan, VA | Assist in organization's mission | $50,000 |
| VA Home for Boys & Girls Henrico, VA | Assist in organization's mission | $14,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2023 | — | $558 | $641,851 | $614,000 | 6 | — |
| 2022 | $641,293 | $628,232 | $143,512 | — | — | $594,962 |
| 2021 | $214,071 | $268,128 | $340,184 | — | — | $35 |
| 2020 | $399,756 | $368,190 | $396,411 | — | — | $441 |
About Builders Exchange Inc
Based on IRS filings
Builders Exchange Inc is a public charity, based in Henrico, VA. IRS filing data is available from 2020 through 2023. In 2023, it awarded 6 grants totaling $614K.
Leadership & Key People
Officers and directors from IRS filings
Builders Exchange Inc's only listed officer is Adam Foege, Treasurer on every filing since 2020 (uncompensated).
Officers on the 2023 filing
Adam Foege
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Former officers (9)
- Former: Alex Bilter Jr. (2020–2021) — Director
- Former: Dave Wilck (2020–2021) — President
- Former: Eric Moore (2020–2021) — Director
- Former: Louis Walker (2020–2021) — Director
- Former: Matt Jones (2020–2021) — Director
- Former: Robert Michaeux (2020–2021) — Vice President
- Former: Ty Chappell (2020–2021) — Past President
- Former: Charles Wakeland (2021) — Executive Director & Secretary
- Former: Sarah E Gouger (2020) — Executive Director & Secretary
Data from IRS Form 990 filings, 2020–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Builders Exchange Inc
How much does Builders Exchange Inc give each year?
Builders Exchange Inc gave $614K across 6 grants in 2023, according to its 2023 IRS Form 990.
What is Builders Exchange Inc's typical grant size?
Builders Exchange Inc's median grant in 2023 was $125,000, and its average grant was $102,333, across 6 grants on its 2023 IRS Form 990.
Where does Builders Exchange Inc give grants?
Builders Exchange Inc gives mostly in Virginia: 100% of the grant dollars itemized on its 2023 IRS Form 990 went to recipients there.
Does Builders Exchange Inc give general operating support?
Not in 2023: none of the 6 grants with a stated purpose on Builders Exchange Inc's 2023 IRS Form 990 were described as general or operating support. Recurring purposes include "Assist in organization's mission" (6 grants).
Who are Builders Exchange Inc's largest grantees?
Builders Exchange Inc's largest 2023 grantees include Chesterfield Education Foundation ($150,000), Associated General Contractors of VA Education Foundation ($150,000) and ACE Center at Highland Springs ($150,000), according to its 2023 IRS Form 990. Together they received 73% of its itemized 2023 grant dollars.
What is Builders Exchange Inc's EIN?
Builders Exchange Inc's EIN (Employer Identification Number) is 54-0154950. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 27, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
- IRS filings on file for fiscal years 2020–2023
Other open foundation grants in Virginia
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