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Builders Exchange Inc

501(c)(6) organization Henrico, VA EIN: 54-0154950 Website

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.

Key facts about Builders Exchange Inc

In short: Builders Exchange Inc gave $614K across 6 grants in 2023 (avg $102K), mostly in Virginia. Source: 2023 IRS Form 990.

EIN
54-0154950
Latest 990 filing
Form 990, 2023
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)

Data from IRS Form 990, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990 · View filing

Total Assets

—

Annual Giving

$614K

Grant Count

6

Avg Grant Size

$102K

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2023 grant dollars across all 6 itemized grants.

States

Cities

Glen AllenHenricoHighland SpringsMidlothianPowhatanRichmond

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K0 grants2020 0 grants2021 0 grants2022 6 grants2023

In 2023 it made 6 grants totaling $614K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2023

Chesterfield Education Foundation: $150KChesterfield EducationFoundation$150KAssociated General Contractors of VA Education Foundation: $150KAssociated General Contractorsof VA Education Foundation$150KACE Center at Highland Springs: $150KACE Center at Highland Springs$150KCveca: $100KCveca$100KPowhatan High School: $50KPowhatan High School$50KVA Home for Boys & Girls: $14KVA Home for Boys & Girls$14K

The largest 2023 recipient was Chesterfield Education Foundation ($150K). Together the top 6 received $614K.

Grant Size Distribution

6 grants across all recorded years

1<$50K1$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 4 grants of 6 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Chesterfield Education Foundation Midlothian, VAAssist in organization's mission$150,000
Associated General Contractors of VA Education Foundation Glen Allen, VAAssist in organization's mission$150,000
ACE Center at Highland Springs Highland Springs, VAAssist in organization's mission$150,000
Cveca Richmond, VAAssist in organization's mission$100,000
Powhatan High School Powhatan, VAAssist in organization's mission$50,000
VA Home for Boys & Girls Henrico, VAAssist in organization's mission$14,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023
Metric202320222021
Total Assets—$641,293$214,071
Revenue$558$628,232$268,128
Expenses$641,851$143,512$340,184
Net Investment Income—$594,962$35

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 27, 2022)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
  3. IRS filings on file for fiscal years 2020–2023

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.

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