Eastern Virginia Medical School Foundation
The Eastern Virginia Medical School Foundation serves to strengthen the financial security of Macon & Joan Brock Virginia Health Sciences at Old Dominion University by accepting, investing and managing gifts, donations and bequests.
Key facts about Eastern Virginia Medical School Foundation
In short: Eastern Virginia Medical School Foundation gave $9.0M across 1 grant in 2025 (avg $9.0M), mostly in Virginia. Source: 2025 IRS Form 990.
- EIN
- 23-7053028
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $9,038,488
- Grants made (2025)
- 1
- Average grant
- $9,038,488
- Median grant
- $9,038,488
- Total assets
- $196,378,391
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$196.4M
+6.2% YoY
Annual Giving
$9.0M
-9.9% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$9.0M
-9.9% YoY
How Eastern Virginia Medical School Foundation gives
- Giving held roughly steady from 2022 to 2025 (−5%). Method
From the foundation's IRS Form 990 filings. Methodology.
About Eastern Virginia Medical School Foundation
Based on IRS filings
Eastern Virginia Medical School Foundation is a public charity focused on Education, based in Norfolk, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $196.4M in total assets. In 2025, it awarded 1 grant totaling $9.0M. Net investment income was $11.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $8.4M (2021) to $10.0M (2024). In 2025 it made 1 grant totaling $9.0M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Old Dominion University ($9.0M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Old Dominion University Norfolk, VA | Support Evms Professorships, Chairs, Operations, and Scholarships | $9,038,488 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $196,378,391 | $184,852,997 | $175,187,870 |
| Revenue | $16,393,010 | $14,673,075 | $11,906,674 |
| Expenses | $10,308,775 | $11,673,261 | $10,452,792 |
| Net Investment Income | $11,799,989 | $10,165,532 | $1,867,962 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 19, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 25, 2024)
- Added Form 990 for fiscal year 2025 (received by the IRS April 30, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Eastern Virginia Medical School Foundation is led by Brad Waitzer, Chair on the 2025 filing; none of the 23 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brad Waitzer
Chair
New on the 2025 filing
1 hr/week
No compensation reported
B. Thomas Mansbach
Trustee
On filings since 2021
1 hr/week
No compensation reported
Lewis W. Webb III
Trustee
On filings since 2021
1 hr/week
No compensation reported
Louis F Ryan
Trustee
On filings since 2021
1 hr/week
No compensation reported
Mark B. Dreyfus
Trustee
Treasurer → Trustee, 2025
On filings since 2021
1 hr/week
No compensation reported
Mark D. Manion
Trustee
On filings since 2021
1 hr/week
No compensation reported
Patricia Y King
Trustee
On filings since 2021
1 hr/week
No compensation reported
Shirley C. Baldwin
Trustee
Chair → Trustee, 2025
On filings since 2021
1 hr/week
No compensation reported
Vandana A Patel
Trustee
On filings since 2021
1 hr/week
No compensation reported
Andrew S Fine
Trustee
On filings since 2023
1 hr/week
No compensation reported
Hans VonKruger
Trustee
On filings since 2024
1 hr/week
No compensation reported
Randolph Hoover
Trustee
On filings since 2024
1 hr/week
No compensation reported
Aubrey Layne Jr.
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Conrad Hall
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Harold Jones III
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jeffrey Patton Jr.
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Karen FINE
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Michelle Butler
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Preston White
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Wayne Wilbanks
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Clyde T. Clark Jr.
Secretary
Trustee → Secretary, 2025
On filings since 2021
1 hr/week
No compensation reported
Jane R. Short
Treasurer
Trustee → Treasurer, 2025
On filings since 2021
1 hr/week
No compensation reported
Kirkland Kelley
Vice Chair
Trustee → Vice Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Former officers (18)
- Former: Dawn S. Glynn (2021–2024) — Trustee
- Former: Robert C. Goodman Jr. (2021–2024) — Trustee
- Former: Robin D. Ray (2021–2024) — Trustee
- Former: Stephen M. Snyder (2021–2024) — Secretary
- Former: Vincent J. Mastracco Jr. (2021–2024) — Trustee
- Former: Andrew C. Hodge (2021–2023) — Trustee
- Former: Christopher D. Kastner (2021–2023) — Trustee
- Former: Edward L. Lilly MD (2021–2023) — Trustee
- Former: Charity A. Volman-Winn (2023) — Trustee
- Former: Charity A. Volman (2021–2022) — Trustee
- Former: Darleen Mastin (2021–2022) — Trustee
- Former: Deborah B. Russell (2021–2022) — Trustee
- Former: Steven D. Fredrickson (2021–2022) — Trustee
- Former: Andy Fine (2022) — Trustee
- Former: Benjamin G. Cottrell V (2021) — Trustee
- Former: Betty E. Murden (2021) — Trustee
- Former: Justin C. Ballard (2021) — Trustee
- Former: Paul D. Chidester MD (2021) — Trustee
Data from IRS Form 990 filings, 2021–2025. "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 Eastern Virginia Medical School Foundation
How much does Eastern Virginia Medical School Foundation give each year?
Eastern Virginia Medical School Foundation gave $9.0M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $10.0M across 1 grant.
How large is Eastern Virginia Medical School Foundation?
Eastern Virginia Medical School Foundation reported $196.4M in total assets on its 2025 IRS Form 990. Its revenue that year was $16.4M.
What is Eastern Virginia Medical School Foundation?
Eastern Virginia Medical School Foundation is a public charity focused on Education, based in Norfolk, VA. It holds $196.4M in total assets as of 2025.
Where does Eastern Virginia Medical School Foundation operate?
Eastern Virginia Medical School Foundation has awarded grants in Virginia.
What is Eastern Virginia Medical School Foundation's EIN?
Eastern Virginia Medical School Foundation's EIN (Employer Identification Number) is 23-7053028. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Eastern Virginia Medical School Foundation by hand.
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