The Virginia College Fund
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.
The Virginia College Fund at a glance
In short: The Virginia College Fund gave $566K across 5 grants in 2026 (avg $113K), mostly in Virginia. Source: 2026 IRS Form 990.
- 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)
- Latest 990 filing
- Form 990, 2026 View filing
Data from IRS Form 990, 2026; updated September 2026.
Who The Virginia College Fund funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2026
The largest 2026 recipient was Hampton Roads Community Fund ($254K). Together the top 5 received $566K.
Grant Size Distribution
14 grants across all recorded years
The most common grant size was in the $50–100K range: 12 grants of 14 (86%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2026 grant dollars across all 5 itemized grants.
States
Cities
How The Virginia College Fund gives
- Giving grew 91% from 2023 to 2026. 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 2026, annual grant giving ranged from $297K (2023) to $572K (2020). In 2026 it made 5 grants totaling $566K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2026 | — | $43,011 | $600,578 | $566,289 | 5 | $3,256 |
| 2025 | $557,567 | $191,710 | $218,634 | — | — | $8,040 |
| 2024 | $587,756 | $594,896 | $406,315 | — | — | $1,745 |
| 2023 | $713,782 | $1,014,618 | $681,917 | $296,543 | 5 | $516 |
| 2022 | $407,301 | $699,301 | $643,496 | $340,736 | 4 | $32 |
| 2021 | $325,208 | $533,256 | $541,555 | $313,146 | 4 | $139 |
| 2020 | $591,134 | $839,237 | $822,386 | $572,345 | 4 | $2,467 |
About The Virginia College Fund
Based on IRS filings
The Virginia College Fund is a public charity 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
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 public charity focused on Education, based in Richmond, VA.
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.
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 September 2, 2020)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 20, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS August 30, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 14, 2023)
- Added Form 990 for fiscal year 2026 (received by the IRS June 10, 2026)
Live grants for the work The Virginia College Fund funds
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