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The Virginia College Fund

Foundation · Grantmaker Richmond, VA EIN: 54-0796066 Website

Solicitation of public contributions on behalf of member colleges. Provides foundations, businesses, and individuals a convenient way of supporting small colleges and universities in virginia.

Key facts about The Virginia College Fund

In short: The Virginia College Fund gave $566K across 5 grants in 2026 (avg $113K), mostly in Virginia. Source: 2026 IRS Form 990.

EIN
54-0796066
Latest 990 filing
Form 990, 2026
Annual giving (2026)
$566,289
Grants made (2026)
5
Average grant
$113,258
Median grant
$77,963
Primary geography
Virginia (100% of itemized 2026 grant dollars)

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

Financial Overview

From 2026 IRS Form 990 · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$566K

Grant Count

5

Avg Grant Size

$113K

How The Virginia College Fund gives

  • Giving grew 91% from 2023 to 2026. Method

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

About The Virginia College Fund

Based on IRS filings

The Virginia College Fund is a nonprofit organization focused on Education, based in Richmond, VA. IRS filing data is available from 2020 through 2026. In 2026, it awarded 5 grants totaling $566K. Net investment income was $3K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 5 itemized 2026 grant dollars.

States

Cities

BluefieldDanvilleFerrumHarrisonburgGrundyNorfolk

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K4 grants20204 grants20214 grants20225 grants20230 grants20240 grants20255 grants2026

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2026

Hampton Roads Community Fund: $254KHampton Roads Community Fund$254KAverett University: $78KAverett University$78KBluefield College: $78KBluefield College$78KEastern Mennonite University: $78KEastern Mennonite University$78KFerrum College: $78KFerrum College$78K

Grant Size Distribution

14 grants across all recorded years

1<$50K12$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
HAMPTON ROADS COMMUNITY FUND Norfolk, VA—$254,437
AVERETT UNIVERSITY Danville, VA—$77,963
BLUEFIELD COLLEGE Bluefield, VA—$77,963
EASTERN MENNONITE UNIVERSITY Harrisonburg, VA—$77,963
FERRUM COLLEGE Ferrum, VA—$77,963

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020202120222023202420252026
Metric202620252024
Total Assets—$557,567$587,756
Revenue$43,011$191,710$594,896
Expenses$600,578$218,634$406,315
Qualifying Distributions———
Net Investment Income$3,256$8,040$1,745
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS September 2, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 20, 2021)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 30, 2022)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS December 14, 2023)
  5. Updated Form 990 for fiscal year 2026 (received by the IRS June 10, 2026)
  6. Added Form 990 for fiscal year 2026 (received by the IRS June 10, 2026)

Leadership & Key People

Officers and directors from IRS filings

The Virginia College Fund is led by Peter Blake, Interim President on every filing since 2024; none of the 20 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Peter Blake

    Interim President

    On filings since 2024

    1 hr/week

    No compensation reported

  • Brad N. Hall

    Chair

    Director → Vice Chair, 2023

    Vice Chair → Chair, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Adam T. Peachee

    Director

    Board Chair → Past Chair, 2023

    Past Chair → Director, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Charles M. Kelley

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Frederick V. Martin

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Harold E. Johnson Esq.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • J. Lee E. Osborne Esq.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • John G. Rocovich Jr. Esq.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Judith R. Trumbo

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Richard W. Loving

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Roy E. Bucher Jr.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Viren R. Kapadia

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeannie P. Baliles

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Benjamin Dessart

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Mirta Martin

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Steve Peterson

    Director

    On filings since 2025

    1 hr/week

    No compensation reported

  • Thomas Powell

    Director

    On filings since 2025

    1 hr/week

    No compensation reported

  • Shannon Dycus

    Director

    New on the 2026 filing

    1 hr/week

    No compensation reported

  • Elizabeth G. Povar

    Immediate Pa

    Director → Board Chair, 2023

    Board Chair → Immediate Pa, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Karen R. Jackson

    Vice Chair

    Director → Vice Chair, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (25)
  • Former: Susan Schultz-Huxman PhD (2020–2025) — Director
  • Former: Tiffany M. Franks PhD (2020–2024) — Secretary
  • Former: Carthan F. Currin III (2021–2024) — Past President
  • Former: Brooks Powell (2023–2024) — Director
  • Former: Telfon L. Logan (2023–2024) — Director
  • Former: Michael Salmeier (2024) — Director
  • Former: D. Bruce Christian (2020–2023) — Director
  • Former: David W. Olive PhD (2020–2023) — Director
  • Former: Larry L. Parks (2020–2023) — Director
  • Former: Christian Mosier (2021–2023) — Director
  • Former: Jerry L. Gwaltney (2021–2023) — Director
  • Former: Elizabeth A. McClanahan (2022–2023) — Director
  • Former: C. Holland Perdue III (2023) — Director
  • Former: Timothy O'Donnell (2023) — Director
  • Former: Christine M. Slate (2020–2022) — Director
  • Former: David L. Johns PhD (2020–2022) — Director
  • Former: John T. Wilson (2020–2022) — Director
  • Former: Michael S. Angelos CFA (2020–2022) — Director
  • Former: Orden L. Harman (2020–2022) — Director
  • Former: B. Kenneth Faulkner (2022) — Director
  • Former: Andy Wolff (2020) — Director
  • Former: James K. Dill (2020) — President
  • Former: Lola C. Reinsch Cpm (2020) — Director
  • Former: Markus A. Summers (2020) — Director
  • Former: Steve Bowery (2020) — Director

Data from IRS Form 990 filings, 2020–2026. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Virginia College Fund

How much does The Virginia College Fund give each year?

The Virginia College Fund gave $566K across 5 grants in 2026, according to its 2026 IRS Form 990.

What is The Virginia College Fund's typical grant size?

The Virginia College Fund's median grant in 2026 was $77,963, and its average grant was $113,258, across 5 grants on its 2026 IRS Form 990.

Where does The Virginia College Fund give grants?

The Virginia College Fund gives mostly in Virginia: 100% of the grant dollars itemized on its 2026 IRS Form 990 went to recipients there.

Who are The Virginia College Fund's largest grantees?

The Virginia College Fund's largest 2026 grantees include Hampton Roads Community Fund ($254,437), Averett University ($77,963) and Bluefield College ($77,963), according to its 2026 IRS Form 990. Together they received 72% of its itemized 2026 grant dollars.

What is The Virginia College Fund?

The Virginia College Fund is a nonprofit organization focused on Education, based in Richmond, VA. It holds — in total assets as of 2026.

What is The Virginia College Fund's EIN?

The Virginia College Fund's EIN (Employer Identification Number) is 54-0796066. IRS Form 990 filing data is available on this page for 2020–2026.

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

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