Grow Capital Jobs Foundation
The foundation is a nonprofit organization established to provide research, data, financial management and operational support to promote collaborative planning, economic development and workforce activities in connection with the job creation initiatives authorized and sponsored by the commonwealth of Virginia and the cities and counties within the foundations designated region, thereby lessening the burdens of government.
Grow Capital Jobs Foundation at a glance
- Total assets
- $592,889
- +40.2% vs 2024
- Revenue (2025)
- $314,717
- -91.0% vs 2024
- Net investment income (2025)
- $19
- -45.7% vs 2024
- Expenses (2025)
- $344,492
- -90.5% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Grow Capital Jobs Foundation funds
How this funder distributes its grants
Grant Size Distribution
40 grants across all recorded years
The most common grant size was in the $100–250K range: 11 grants of 40 (28%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Is Grow Capital Jobs Foundation open to new grantees?
20%
first-time grantees, 2024
In 2024, 2 of 10 grantees (20%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $179K; repeat grants $370K. How we count
Medians: $179K first-time, $297K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $783K (2021) to $3.3M (2024). In 2024 it made 10 grants totaling $3.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Virginia Biotechnology Park Richmond, VA | Provide Research | $880,486 |
| Commonwealth Center for Advanced MA Disputanta, VA | Provide Research | $834,329 |
| Virginia Biotechnology Association Richmond, VA | Provide Research | $420,364 |
| Virginia's Gateway Region Inc Colonial Heights, VA | Provide Research | $397,209 |
| Rappahannock Community College New Kent, VA | Provide Research | $300,000 |
| Virginia State University Petersburg, VA | Provide Research | $196,218 |
| Brightpoint Community College Found Richmond, VA | Provide Research | $143,446 |
| Greater Richmond Chamber of Commerc Richmond, VA | Provide Research | $66,925 |
| Reynolds Community College Richmond, VA | Provide Research | $58,789 |
| Lighthouse Labs Richmond, VA | Provide Research | $22,215 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $592,889 | $314,717 | $344,492 | — | — | $19 |
| 2024 | $422,950 | $3,513,446 | $3,630,056 | $3,319,981 | 10 | $35 |
| 2023 | $514,000 | $2,758,612 | $2,753,993 | $2,464,047 | 8 | $27 |
| 2022 | $524,955 | $2,629,829 | $2,624,410 | $2,313,797 | 9 | $44 |
| 2021 | $210,397 | $1,098,203 | $1,054,877 | $782,783 | 13 | $13 |
| 2020 | $143,121 | $3,163,190 | $3,101,164 | $2,823,591 | 7 | $15 |
About Grow Capital Jobs Foundation
Based on IRS filings
Grow Capital Jobs Foundation is a public charity focused on Employment, based in Richmond, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $593K in total assets. Net investment income was $19.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Grow Capital Jobs Foundation is led by Wilson H. Flohr, President since 2023 (on filings since 2020); 1 of 11 officers listed in 2025 is compensated.
Officers on the 2025 filing
Wilson H. Flohr
President
President, CEO & Director → President, 2023
On filings since 2020
40 hrs/week
$95K (2020) → $125K (2025)
John A. Luke Jr.
Director
On filings since 2020
No compensation reported
Todd P. Haymore
Director
Vice Chair → Director, 2023
On filings since 2020
No compensation reported
Betty-Anne Teter
Director
On filings since 2023
No compensation reported
Denny Morris
Director
On filings since 2023
No compensation reported
Grace King
Director
On filings since 2023
No compensation reported
Jeffrey Gallagher
Director
On filings since 2023
No compensation reported
Jennifer Wakefield
Director
On filings since 2023
No compensation reported
Keith Boswell
Director
On filings since 2023
No compensation reported
Lisa Sims
Director
On filings since 2023
No compensation reported
Ken Dye
Director
On filings since 2024
No compensation reported
Former officers (33)
- Former: Diane Leopold (2023–2024) — Director
- Former: Brian Anderson (2020–2022) — Director
- Former: Carter Reid (2020–2022) — Director
- Former: Edward Raspiller (2020–2022) — Director
- Former: John W. Clements (2020–2022) — Director
- Former: Joseph Casey (2020–2022) — Director
- Former: Lorin S. Sodell (2020–2022) — Director
- Former: Mark E. Moore (2020–2022) — Director
- Former: Mark J. Hourigan (2020–2022) — Chair
- Former: Michael Rao (2020–2022) — Director
- Former: Moses W. Foster Jr. (2020–2022) — Director
- Former: Natalie Slate (2020–2022) — Director
- Former: Paul Tuck (2020–2022) — Director
- Former: Paula Pando (2020–2022) — Director
- Former: William H. Goodwin Jr. (2020–2022) — Director
- Former: Chandra Briggman (2021–2022) — Director
- Former: George Crowell (2021–2022) — CFO
- Former: William H. Flohr (2021–2022) — President
- Former: Charles W. Wilson (2022) — Director
- Former: Chuck Pollard (2022) — Director
- Former: Elizabeth Creamer (2022) — Director
- Former: Kathryn M. Fessler (2022) — Director
- Former: Martha Shickle (2022) — Director
- Former: Monica Smith-Callahan (2022) — Director
- Former: Carrie Roth (2020–2021) — Director
- Former: Jennifer Hunter (2020–2021) — Director
- Former: John Vithoulkas (2020–2021) — Director
- Former: Martha Heeter (2020–2021) — Director
- Former: Melody Hackney (2020–2021) — Director
- Former: John Lloyd Jr. (2021) — Director
- Former: Lisa Ruggles (2020) — Director
- Former: Sam Edwards III (2020) — Director
- Former: Sherrie Armstrong (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $125K, to Wilson Flohr (President &).
Frequently asked questions about Grow Capital Jobs Foundation
How large is Grow Capital Jobs Foundation?
Grow Capital Jobs Foundation reported $593K in total assets on its 2025 IRS Form 990. Its revenue that year was $315K.
What is Grow Capital Jobs Foundation?
Grow Capital Jobs Foundation is a public charity focused on Employment, based in Richmond, VA. It holds $593K in total assets as of 2025.
Where does Grow Capital Jobs Foundation operate?
Grow Capital Jobs Foundation has awarded grants in Virginia.
What is Grow Capital Jobs Foundation's EIN?
Grow Capital Jobs Foundation's EIN (Employer Identification Number) is 81-5149225. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 16, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS September 14, 2026)
Live grants for the work Grow Capital Jobs Foundation funds
Employment Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Grow Capital Jobs Foundation's focus areas in our free grants database
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Figures come from Grow Capital Jobs Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Grow Capital Jobs Foundation down — hundreds of funders to go?