Medical College of VA Foundation logo

Medical College of VA Foundation

Public charity · Grantmaker Richmond, VA EIN: 54-6053660 Website

To support and foster vcu health and vcu health sciences through philanthropy, stewardship, innovation, communication, and collaboration.

Medical College of VA Foundation at a glance

In short: Medical College of VA Foundation gave $73.5M across 1 grant in 2025 (avg $73.5M), mostly in Virginia. Source: 2025 IRS Form 990.

Annual giving (2025)
$73,538,488
+26.2% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$73,538,488
+26.2% vs 2024
Median grant
$73,538,488
Total assets
$1,059,529,799
+9.2% vs 2024
Primary geography
Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Medical College of VA Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Vcuvcu Health Campus: $73.5MVcuvcu Health Campus$73.5M

The largest 2025 recipient was Vcuvcu Health Campus ($73.5M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Richmond

How Medical College of VA Foundation gives

  • Giving grew 141% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M$80M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $27.2M (2020) to $73.5M (2025). In 2025 it made 1 grant totaling $73.5M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Vcuvcu Health Campus Richmond, VATo aid, strengthen and extend work of vcu/vcu health campus (faculty salaries paid to vcu). Education, research and general expenses for vcu/vcu health campus and scholarships and awards.$73,538,488
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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$1,059,529,799$84,215,955$84,259,876$73,538,4881$15,716,516
2024$970,176,377$53,247,393$68,622,811$58,270,0001$6,301,530
2023$893,271,630$57,642,255$40,344,703$30,761,0001$4,716,192
2022$827,958,797$47,988,009$40,469,142$30,547,6111$10,155,657
2021$881,335,894$75,393,096$46,001,368$32,822,9231$18,508,293
2020$645,911,510$54,318,573$33,636,938$27,239,8171$18,954,376

About Medical College of VA Foundation

Based on IRS filings

Medical College of VA Foundation is a public charity focused on Education, based in Richmond, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.1B in total assets. In 2025, it awarded 1 grant totaling $73.5M. Net investment income was $15.7M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Medical College of VA Foundation is led by Margaret Ann Bollmeier, President & CEO since 2022 (on filings since 2020); 10 of 50 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Margaret Ann Bollmeier

    President & CEO

    President → President & CEO, 2022

    On filings since 2020

    40 hrs/week

    $323K (2020) → $461K (2025)

  • Crystal Puryear

    Senior Executive Assistant to CEO & President

    New on the 2025 filing

    40 hrs/week

    $109K (2025)

  • Darius A. Johnson

    Chair

    Treasurer → Chair-Elect, 2023

    Chair-Elect → Chair, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julie Sears

    Director of Financial Management & Controller

    Director of Financial Management → Director of Financial Management & Controller, 2025

    On filings since 2023

    40 hrs/week

    $176K (2023) → $194K (2025)

  • Sara Curry

    Director of Human Resources

    New on the 2025 filing

    40 hrs/week

    $158K (2025)

  • Ellen E. Spong

    Trustee

    Chair-Elect → Chair, 2022

    Chair → Trustee, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ghulam D. Qureshi MD

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • H. Frederick T. Moore

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • I. Lee Chapman IV

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • J. Keith Middleton

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Judith Forehand Starkey

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Rao PhD

    Trustee-Ex-Officio

    Executive Officio → Trustee - Executive Officio, 2021

    Trustee - Executive Officio → Trustee-Ex-Officio, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michele A. Romano MD

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert C. Canfield

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sheryl L. Garland

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Susan G. Kornstein MD

    Trustee

    Trustee → Secretary, 2023

    Secretary → Trustee, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • T. Spencer Williamson IV

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tracy Kemp Stallings

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • W. Taylor Reveley III JD

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Wyatt S. Beazley IV JD

    Trustee

    Chair → Past Chair, 2022

    Past Chair → Trustee, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Alex Cecil

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • D. Oscarlyn Elder

    Trustee

    Trustee → Treasurer, 2023

    Treasurer → Trustee, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kathryn Elizabeth Jarvis Scott

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Louis Formica DDS

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Michael Bisceglia

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Moses W. Foster Jr.

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Paul W. Croston

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Peter Farrell

    Trustee

    Trustee → Trustee-Ex-Officio, 2024

    Trustee-Ex-Officio → Trustee, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Sheila A. Corcoran

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Stephen McCarthy Goddard

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Dorothy Kee Tilghman Rabb

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Elizabeth Hopkins

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Jennifer F. Flinchum

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Louise Woltz Smith

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Marlon F. Levy MD

    Trustee-Ex-Officio

    Trustee - Executive Officio → Trustee-Ex-Officio, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Rachel Yost

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Robert L. Findling

    Trustee

    Trustee → Trustee-Ex-Officio, 2024

    Trustee-Ex-Officio → Trustee, 2025

    On filings since 2023

    1 hr/week

    No compensation reported

  • Danny Avula MD

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Nupa Agarwal Esq.

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Stephan DAVIS DNP MHSA FACH

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Jennifer J. Wold

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Brian Thomas

    Executive Vice President & Chief Development Officer

    Vice President & Chief Development Officer → Executive Vice President & Chief Development Officer, 2025

    On filings since 2020

    40 hrs/week

    $263K (2020) → $336K (2025)

  • David Silver

    Vice President for Finance, Administration & CFO

    CFO → Vice President for Finance & Administration, 2023

    Vice President for Finance & Administration → Vice President for Finance, Administration & CFO, 2025

    On filings since 2020

    40 hrs/week

    $221K (2020) → $323K (2025)

  • Eric Peters

    Vice President for Communications

    Director of Marketing → Vice President for Communications, 2023

    On filings since 2022

    40 hrs/week

    $113K (2022) → $193K (2025)

  • Gina Padrone

    Associate Director of Treasury & Investment Acctg

    Associate Director Treasury & Inv Acct → Associate Director of Treasury & Investment Acctg, 2025

    On filings since 2024

    40 hrs/week

    $107K (2024) → $130K (2025)

  • Paul Brockwell

    Senior Associate Director of Communications

    Senior Associate Director for Committee → Senior Associate Director of Communications, 2025

    On filings since 2024

    40 hrs/week

    $101K (2024) → $113K (2025)

  • Christopher Ayers

    Associate Director of Financial Systems & Reporting

    New on the 2025 filing

    40 hrs/week

    $130K (2025)

  • Stephen J Gaidos

    Chair-Elect

    Trustee → Chair-Elect, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Elizabeth Anne Whalley Esq.

    Secretary

    Trustee → Secretary, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Ernesto V. Sampson

    Treasurer

    Trustee → Treasurer, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

Former officers (33)
  • Former: Basil Beau L. Hurst III (2020–2024) — Trustee
  • Former: George P. Emerson Jr. (2020–2024) — Trustee
  • Former: George W. Burke III MD (2020–2024) — Trustee
  • Former: John O. Beckner Rph (2020–2024) — Trustee
  • Former: Richard M. Clary MD (2020–2024) — Trustee
  • Former: Richard P. Wenzel Md Msc (2020–2024) — Trustee
  • Former: Charles F. Bryan Jr. PhD (2020–2023) — Trustee
  • Former: Charles F. Crone (2020–2023) — Trustee
  • Former: Elizabeth Whalley Buono JD (2020–2023) — Trustee
  • Former: James H. Starkey III (2020–2023) — Trustee
  • Former: Farhad Aghdami JD (2020–2022) — Trustee
  • Former: Julie Woodward (2020–2022) — Controller
  • Former: Michelle Y. Whitehurst-Cook MD (2020–2022) — Trustee
  • Former: Rachel Burgess (2020–2022) — Trustee
  • Former: Arthur L. Kellerman MD MPH (2021–2022) — Trustee - Executive Officio
  • Former: Ann Deppman (2022) — Director of Planned Giving
  • Former: Elizabeth Whalley Buono Rn Mba J. (2022) — Trustee
  • Former: Alexandra Henley (2020–2021) — Director of Marketing
  • Former: Harry R Thalhimer (2020–2021) — Past Chair
  • Former: Kit T Sullivan DDS (2020–2021) — Trustee
  • Former: Rebecca T Perdue (2020–2021) — Trustee
  • Former: Robert F Norfleet Jr. (2020–2021) — Trustee
  • Former: TK Somanath (2020–2021) — Trustee
  • Former: Joyce Bush (2021) — Accountant
  • Former: Bronwyn M Burnham (2020) — Trustee
  • Former: Charles M Caravati Jr. MD (2020) — Trustee
  • Former: David A Lyons (2020) — Trustee
  • Former: Herbert A Claiborne III JD (2020) — Trustee
  • Former: James H Revere Jr. DDS (2020) — Trustee
  • Former: John A Luke Jr. (2020) — Trustee
  • Former: John W Slyh CPA (2020) — Trustee
  • Former: Marsha D Rappley MD (2020) — Executive Officio
  • Former: Peter F Buckley MD (2020) — Executive Officio

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

Margaret Ann Bollmeier — President and CEO: $461KMargaret Ann BollmeierPresident and CEO$461KBrian Thomas — EVP and Chief Development Officer: $336KBrian ThomasEVP and Chief Development…$336KDavid Silver — VP for Finance & Administration and CFO: $323KDavid SilverVP for Finance & Administration…$323KJulie Sears — Director of Financial Mgmt and Controller: $194KJulie SearsDirector of Financial Mgmt and…$194KEric Peters — VP for Communications: $193KEric PetersVP for Communications$193KSara Curry — Director of Human Resources: $158KSara CurryDirector of Human Resources$158KChristopher Ayers — Assoc Director of Financial Systems & Reporting: $130KChristopher AyersAssoc Director of Financial…$130KGina Padrone — Assoc Director of Treasury & Investment Acctg: $130KGina PadroneAssoc Director of Treasury &…$130KPaul Brockwell — Sr Assoc Director of Communications: $113KPaul BrockwellSr Assoc Director of…$113KCrystal Puryear — Sr Executive Assistant to CEO and President: $109KCrystal PuryearSr Executive Assistant to CEO…$109K

The highest reported compensation on the 2025 filing was $461K, to Margaret Ann Bollmeier (President and CEO). 10 officers or directors reported compensation on that filing.

Frequently asked questions about Medical College of VA Foundation

How much does Medical College of VA Foundation give each year?

Medical College of VA Foundation gave $73.5M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $58.3M across 1 grant.

How large is Medical College of VA Foundation?

Medical College of VA Foundation reported $1.1B in total assets on its 2025 IRS Form 990. Its revenue that year was $84.2M.

What is Medical College of VA Foundation?

Medical College of VA Foundation is a public charity focused on Education, based in Richmond, VA. It holds $1.1B in total assets as of 2025.

Where does Medical College of VA Foundation operate?

Medical College of VA Foundation has awarded grants in Virginia.

What is Medical College of VA Foundation's EIN?

Medical College of VA Foundation's EIN (Employer Identification Number) is 54-6053660. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 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 April 23, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS April 13, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 4, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS April 11, 2025)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS April 16, 2026)

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

Figures come from Medical College of VA 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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