MCV Associated Physicians
The mission of the organization is to provide physicians and other healthcare professionals to support the needs of the community, as well as the academic mission of the vcu school of medicine.
MCV Associated Physicians at a glance
In short: MCV Associated Physicians gave $16.9M across 1 grant in 2023 (avg $16.9M), mostly in Virginia. Source: 2023 IRS Form 990.
- Annual giving (2023)
- $16,938,621
- +26.2% vs 2022
- Grants made (2023)
- 1
- +0.0% vs 2022
- Average grant
- $16,938,621
- +26.2% vs 2022
- Median grant
- $16,938,621
- Total assets
- $1,741,033,119
- +90.5% vs 2022
- 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 MCV Associated Physicians funds
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was VCU School of Medicine ($16.9M).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was $5M or more: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
How MCV Associated Physicians gives
- Giving grew 28% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $10.0M (2021) to $16.9M (2023). In 2023 it made 1 grant totaling $16.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| VCU School of Medicine Richmond, VA | Academic and Educational Goals | $16,938,621 |
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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 | $1,741,033,119 | $632,316,187 | $731,700,018 | $16,938,621 | 1 | $2,759 |
| 2022 | $913,688,645 | $572,404,350 | $696,730,850 | $13,426,657 | 1 | $2,477,165 |
| 2021 | $296,921,285 | $539,983,630 | $600,621,526 | $10,038,985 | 1 | $1,711,100 |
| 2020 | $240,909,782 | $528,318,709 | $509,534,603 | $13,211,672 | 1 | $1,356,866 |
About MCV Associated Physicians
Based on IRS filings
MCV Associated Physicians is a public charity focused on Health, based in Richmond, VA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.7B in total assets. In 2023, it awarded 1 grant totaling $16.9M. Net investment income was $3K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
MCV Associated Physicians is led by Ralph Clark MD, President & Chair on the 2023 filing; all 17 officers listed in 2023 are compensated.
Officers on the 2023 filing
Ralph Clark MD
President & Chair
New on the 2023 filing
64 hrs/week
$609K (2023)
Vigneshwar Kasirajan MD
Dept. Chair
On filings since 2020
43 hrs/week
$832K (2020) → $811K (2023)
Ann Fulcher MD
Director
Board Member → Director, 2022
On filings since 2020
55 hrs/week
$759K (2020) → $771K (2023)
David P. Chelmow MD
Director
Former Board Member → Director, 2022
On filings since 2020
45 hrs/week
$608K (2020) → $569K (2023)
Evan Reiter MD
Director
Board Member → Director, 2022
On filings since 2020
40 hrs/week
$408K (2020) → $410K (2023)
Stephen Kates MD
Director
Board Member → Director, 2022
On filings since 2020
30 hrs/week
$649K (2020) → $94K (2023)
Harinder Dhindsa MD
Director
On filings since 2022
40 hrs/week
$506K (2022) → $519K (2023)
Marieka Helou MD
Director
On filings since 2022
39.5 hrs/week
$187K (2023)
Ramana Feeser MD
Director
On filings since 2022
55 hrs/week
$378K (2022) → $375K (2023)
Amelia Grover MD
Director
New on the 2023 filing
39 hrs/week
$279K (2023)
Clark Clevenger MD
Director
New on the 2023 filing
36 hrs/week
$221K (2023)
Brian Cameron MD
Neurosurgeon
Physician → Neurosurgeon, 2022
On filings since 2020
47 hrs/week
$559K (2020) → $1M (2023)
Darrell Griffith
Treasurer, Secretary & COO
Treasurer & Executive Director → Treasurer & COO, 2021
Treasurer & COO → Treasurer, Secretary & COO, 2022
On filings since 2020
60 hrs/week
$514K (2021) → $483K (2023)
Kenneth Ellenbogen MD
Cardiologist
Physician → Cardiologist, 2023
On filings since 2020
65 hrs/week
$886K (2020) → $932K (2023)
Robert Graham MD
Neurosurgeon
On filings since 2022
57 hrs/week
$885K (2022) → $912K (2023)
Mack Drake MD
General Surgeon
New on the 2023 filing
40 hrs/week
$1M (2023)
Michael Felman MD
Plastic Surgeon
New on the 2023 filing
60 hrs/week
$1.1M (2023)
Former officers (24)
- Former: Alex B. Valadka MD (2020–2022) — Neurosurgeon
- Former: Charles Clevenger MD (2020–2022) — Director
- Former: Francesco Celi MD (2020–2022) — Director
- Former: George Vetrovec MD (2020–2022) — Director
- Former: Paul Neimeyer (2020–2022) — Former Secretary
- Former: Peter Buckley MD (2020–2022) — Director
- Former: Steven Julian MD (2020–2022) — Director
- Former: Thomas Yackel MD (2020–2022) — President & Chair
- Former: Dennis Rivet MD (2022) — Neurosurgeon
- Former: George Burke III MD (2022) — Director
- Former: Karanvir Prakash MD (2022) — Orthopedic Surgeon
- Former: Gonzalo Bearman MD (2020–2021) — Board Member
- Former: John Butterworth MD (2020–2021) — Former Board Member
- Former: John D. Ward MD (2020–2021) — Former President
- Former: Jonathan Isaacs MD (2020–2021) — Former Board Member
- Former: Laurence Dinardo MD (2020–2021) — Board Member
- Former: Mary Ann Peberdy MD (2020–2021) — Former Board Member
- Former: Michel B. Aboutanos MD (2020–2021) — Former Board Member
- Former: Paula Ferrada MD (2020–2021) — Board Member
- Former: Todd Gehr MD (2020–2021) — Former Ke
- Former: Chandra Bhati MD (2021) — Physician
- Former: Jesse Torbert MD (2021) — Physician
- Former: Daniel Millan MD (2020) — Physician
- Former: Thomas Yeh MD (2020) — Physician
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.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $1.1M, to Michael Felman MD (Plastic Surgeon). 17 officers or directors reported compensation on that filing.
Frequently asked questions about MCV Associated Physicians
How much does MCV Associated Physicians give each year?
MCV Associated Physicians gave $16.9M across 1 grant in 2023, according to its 2023 IRS Form 990. In 2022 it gave $13.4M across 1 grant.
How large is MCV Associated Physicians?
MCV Associated Physicians reported $1.7B in total assets on its 2023 IRS Form 990. Its revenue that year was $632.3M.
What is MCV Associated Physicians?
MCV Associated Physicians is a public charity focused on Health, based in Richmond, VA. It holds $1.7B in total assets as of 2023.
Where does MCV Associated Physicians operate?
MCV Associated Physicians has awarded grants in Virginia.
What is MCV Associated Physicians's EIN?
MCV Associated Physicians's EIN (Employer Identification Number) is 54-1581185. 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
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 14, 2024)
- IRS filings on file for fiscal years 2020–2024
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