Grow Capital Jobs Foundation logo

Grow Capital Jobs Foundation

Public charity · Grantmaker Richmond, VA EIN: 81-5149225 Website

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

10<$50K6$50–100K11$100–250K9$250–500K4$500K–1M$1–5M$5M+

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

1state

States

Cities

RichmondPetersburgColonial HeightsDisputantaEmporiaHenricoNew Kent

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.

  • 80% of 2024 grantees were also funded in 2023. Method
  • Giving grew 324% from 2021 to 2024. Method

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

$0$1M$2M$3M$4M7 grants2020 13 grants2021 9 grants2022 8 grants2023 10 grants2024 0 grants2025

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

RecipientPurposeAmount
Virginia Biotechnology Park Richmond, VAProvide Research$880,486
Commonwealth Center for Advanced MA Disputanta, VAProvide Research$834,329
Virginia Biotechnology Association Richmond, VAProvide Research$420,364
Virginia's Gateway Region Inc Colonial Heights, VAProvide Research$397,209
Rappahannock Community College New Kent, VAProvide Research$300,000
Virginia State University Petersburg, VAProvide Research$196,218
Brightpoint Community College Found Richmond, VAProvide Research$143,446
Greater Richmond Chamber of Commerc Richmond, VAProvide Research$66,925
Reynolds Community College Richmond, VAProvide Research$58,789
Lighthouse Labs Richmond, VAProvide Research$22,215
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$592,889$314,717$344,492——$19
2024$422,950$3,513,446$3,630,056$3,319,98110$35
2023$514,000$2,758,612$2,753,993$2,464,0478$27
2022$524,955$2,629,829$2,624,410$2,313,7979$44
2021$210,397$1,098,203$1,054,877$782,78313$13
2020$143,121$3,163,190$3,101,164$2,823,5917$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

Wilson Flohr — President &: $125KWilson FlohrPresident &$125K

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

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 16, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 6, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS September 14, 2026)

Explore Open Grants

Browse active grant opportunities in Grow Capital Jobs Foundation's focus areas in our free grants database

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

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.

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