Richmond Academy of Medicine Inc

501(c)(6) organization Richmond, VA EIN: 54-0356395

To create and sustain a dynamic and innovative physician community for the benefit of the greater richmond area.

Richmond Academy of Medicine Inc at a glance

In short: Richmond Academy of Medicine Inc reported $100 in grants paid in 2025 (a total; its filing lists no individual grants). Source: 2025 IRS Form 990.

Grants paid (2025)
$100 — reported as a total on the IRS filing, without an itemized list
-50.0% vs 2024
Total assets
$7,797,665
+5.8% vs 2024
Revenue (2025)
$1,229,378
-15.2% vs 2024
Net investment income (2025)
$283,665
-47.1% vs 2024
Expenses (2025)
$1,195,869
+3.6% vs 2024
Latest 990 filing
Form 990, 2025 View filing

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

Who Richmond Academy of Medicine Inc funds

How this funder distributes its grants

Grant Size Distribution

2 grants across all recorded years

1<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 2 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Richmond

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grant2019 2 grants2020 2 grants2021 Total only2022 Total only2023 Total only2024 Total only2025

From 2019 to 2025, annual grant giving ranged from $100 (2025) to $87K (2020). In 2025 it reported $100 in grants paid, as a total without an itemized list.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Honoring Choices Virginia Inc Richmond, VAOrganization Support$50,000
Richmond Academy of Medicine Trust Richmond, VAOrganization Support$6,000
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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$7,797,665$1,229,378$1,195,869$100Total only$283,665
2024$7,372,862$1,450,366$1,153,785$200Total only$535,763
2023$6,440,043$1,232,175$1,146,315$200Total only$155,245
2022$6,307,295$1,220,549$1,316,077$200Total only$94,070
2021$6,826,511$2,333,231$1,139,925$56,0002$1,029,772
2020$5,172,620$1,223,541$1,160,934$87,0002$126,271
2019$4,847,915$1,372,002$1,207,392$50,0001$131,610

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Richmond Academy of Medicine Inc

Based on IRS filings

Richmond Academy of Medicine Inc is a public charity, based in Richmond, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $7.8M in total assets. In 2025, it reported $100 in grants paid as a total on its IRS filing, without an itemized list. Net investment income was $284K.

Leadership & Key People

Officers and directors from IRS filings

Richmond Academy of Medicine Inc is led by James G. Beckner, Executive Director - A since 2023 (on filings since 2019); 1 of 16 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • James G. Beckner

    Executive Director - A

    Executive Dir.-Ram & Ccvs → Executive Director - A, 2023

    On filings since 2019

    18.8 hrs/week

    $161K (2019) → $184K (2025)

  • Tovia Smith MD

    President

    Secretary → Vice President, 2022

    Vice President → President, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Joynita R. Nicholson DO

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Morgan Swanstrom MD

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lydia Johnson MD

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Rachel Downey

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Cara Golish Hartledo Facog

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Sm Donnie Wade III MD

    Trustee

    On filings since 2023

    1 hr/week

    No compensation reported

  • Arturo Saavedra MD PhD

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Raymond Makhoul MD

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Andreya Risser MD

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Charlene Ng MD

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Sidney R. Jones III MD

    Imm. Past Pr

    Vice President → President, 2022

    President → Imm. Past Pr, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jonathan T. Schaaf MD

    Secretary

    Trustee → Secretary, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Deborah Barron MD

    Vice President

    Trustee → Vice President, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Mark Towsend MD

    Treasurer

    Trustee → Treasurer, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (21)
  • Former: Alice Coombs MD (2019–2024) — Trustee
  • Former: Sanjay K. Paidisetty MD (2023–2024) — Trustee
  • Former: Andryea Risser MD (2024) — Trustee
  • Former: Carolyn A. Burns MD (2019–2023) — Imm. Past Ch
  • Former: Ikenna Ibe MD (2023) — Secretary
  • Former: Jeremiah K. O'Shea MD (2023) — Treasurer
  • Former: Mark D. Townsend Md Mhcm (2023) — Trustee
  • Former: Ike Ibe MD (2019–2022) — Secretary
  • Former: Jake O'Shea MD (2019–2022) — Treasurer
  • Former: Margaret Sigman MD (2019–2022) — Trustee
  • Former: Michael Menen MD (2019–2022) — Trustee
  • Former: Quinn Lippmann MD (2019–2022) — Trustee
  • Former: Mark B. Monahan MD (2019–2021) — Immediate Past President
  • Former: Ranjodh S. Gill MD (2019–2021) — Trustee
  • Former: Erica Royal MD (2020–2021) — Trustee
  • Former: Peter Buckley MD (2020–2021) — Trustee
  • Former: Ronald Milligan (2021) — Practice Manager Trustee
  • Former: Ann E. Honeycutt (2019) — Trustee
  • Former: Dawncherrie Walker MD (2019) — Trustee
  • Former: Harry D. Bear MD (2019) — Immediate Past President
  • Former: Ritsu Kuno MD (2019) — Treasurer

Data from IRS Form 990 filings, 2019–2025. "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

James G Beckner — Ex. DIR. - a: $184KJames G BecknerEx. DIR. - a$184K

The highest reported compensation on the 2025 filing was $184K, to James G Beckner (Ex. DIR. - a).

Frequently asked questions about Richmond Academy of Medicine Inc

How much does Richmond Academy of Medicine Inc give each year?

Richmond Academy of Medicine Inc reported $100 in grants paid in 2025 on its 2025 IRS Form 990, as a total without an itemized list of grants. In 2024 it reported $200 in grants paid.

How large is Richmond Academy of Medicine Inc?

Richmond Academy of Medicine Inc reported $7.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.2M.

Where does Richmond Academy of Medicine Inc operate?

Richmond Academy of Medicine Inc has awarded grants in Virginia.

What is Richmond Academy of Medicine Inc's EIN?

Richmond Academy of Medicine Inc's EIN (Employer Identification Number) is 54-0356395. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 5, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 19, 2022)
  3. Added Form 990 for fiscal year 2019 (received by the IRS May 7, 2020)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS April 14, 2025)
  7. Added Form 990 for fiscal year 2025 (received by the IRS April 28, 2026)
  8. IRS filings on file for fiscal years 2020–2024

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

Figures come from Richmond Academy of Medicine Inc'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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