Va Foundation for Independent Colleges
The Virginia Foundation for Independent Colleges (VFIC) is a public charity based in Richmond, Virginia. It raises and distributes financial support for Virginia independent colleges and universities, with its website describing a network of 17 member institutions.
Va Foundation for Independent Colleges at a glance
In short: Va Foundation for Independent Colleges gave $2.1M across 16 grants in 2025 (avg $129K), mostly in Virginia. 0% of 2025 grantees were new. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,060,943
- -1.2% vs 2024
- Grants made (2025)
- 16
- +0.0% vs 2024
- Average grant
- $128,809
- -1.2% vs 2024
- Median grant
- $121,832
- Total assets
- $45,063,696
- +10.5% vs 2024
- New grantees (estimate)
- 0% first-time grantees (0 of 16, 2025; small sample)
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Va Foundation for Independent Colleges
- How to Apply
-
The Mednick Faculty Award requires nomination by the faculty member’s institution. The Applied Ethics Bowl is for student teams from VFIC member institutions.
- Next open deadline
- February 28, 2027 (Mednick Faculty Award)
- Contact
Mailing address: 901 East Byrd Street 1625, Richmond, VA 23219
Phone: (804) 288-6609
Website: https://vfic.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
5 open opportunities from Va Foundation for Independent Colleges
Applied Ethics Bowl
Va Foundation for Independent Colleges
Amount
Varies
Deadline
Deadline not published
Harris Faculty Awards
Va Foundation for Independent Colleges
Amount
Varies
Deadline
Deadline not published
Mednick Faculty Award
Va Foundation for Independent Colleges
Amount
Typical awards around $2,250
Deadline
Expected ~February
Based on past cycles
Who Va Foundation for Independent Colleges funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Virginia Union Univesity ($194K). Together the top 10 received $1.4M.
Grant Size Distribution
79 grants across all recorded years
The most common grant size was in the $100–250K range: 77 grants of 79 (97%).
Geographic Focus
Where this funder awards grants
VFIC describes its work as supporting independent colleges and universities in Virginia. All grant dollars reported for filing year 2025 went to recipients in Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
States
Cities
Is Va Foundation for Independent Colleges open to new grantees?
0%
first-time grantees, 2025
In 2025, 0 of 16 grantees (0%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. How we count
- 100% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+1%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.8M (2019) to $2.1M (2024). In 2025 it made 16 grants totaling $2.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Virginia Union Univesity Richmond, VA | Distribution to member institution to pay for programs and scholarships | $193,970 |
| Shenandoah University Winchester, VA | Distribution to member institution to pay for programs and scholarships | $140,280 |
| Virginia Wesleyan University Virginia Beach, VA | Distribution to member institution to pay for programs and scholarships | $139,570 |
| Hollins University Roanoke, VA | Distribution to member institution to pay for programs and scholarships | $134,401 |
| Randolph-Macon College Ashland, VA | Distribution to member institution to pay for programs and scholarships | $132,085 |
| Randolph College Lynchburg, VA | Distribution to member institution to pay for programs and scholarships | $131,819 |
| Marymount University Arlington, VA | Distribution to member institution to pay for programs and scholarships | $124,977 |
| Roanoke College Salem, VA | Distribution to member institution to pay for programs and scholarships | $122,323 |
| Mary Baldwin University Staunton, VA | Distribution to member institution to pay for programs and scholarships | $121,341 |
| Bridgewater College Bridgewater, VA | Distribution to member institution to pay for programs and scholarships | $121,153 |
Ready to take the next step with Va Foundation for Independent Colleges?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $45,063,696 | $3,577,306 | $3,869,454 | $2,060,943 | 16 | $176,551 |
| 2024 | $40,781,297 | $2,162,960 | $3,798,527 | $2,085,167 | 16 | $170,648 |
| 2023 | $39,898,946 | $2,321,318 | $3,465,527 | $2,074,295 | 16 | $2,429 |
| 2022 | $39,340,912 | $1,487,532 | $3,330,627 | $2,048,465 | 16 | $122 |
| 2021 | $42,176,233 | $2,460,865 | $3,173,484 | $1,783,431 | 15 | $814,116 |
| 2020 | $30,664,480 | $1,505,101 | $3,321,732 | $2,039,401 | 15 | $620 |
| 2019 | $32,398,669 | $1,856,855 | $3,115,151 | $1,776,028 | 15 | $1,126 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
VFIC’s mission is to secure financial support that enables college-bound students to access and graduate from outstanding Virginia independent higher education institutions. Its website also describes work to make a personalized, values-based college experience an affordable option.
The foundation reports supporting member institutions through unrestricted and restricted contributions. Its stated purposes include campus operations, academic program development, faculty development, scholarships, teaching grants, and capital improvements or maintenance. Its website says unrestricted gifts generally support colleges’ most-needed priorities, while gifts to scholarship initiatives support need-based financial aid. Other stated priorities include libraries, undergraduate research, ethics programs, faculty grants, and campus technology.
The 2025 filing lists grants to Virginia colleges and universities. Among the grantees, Virginia Union University describes its mission as providing an intellectually challenging and spiritually enriching learning environment and developing scholars and leaders. Shenandoah University describes its mission as educating reflective thinkers and ethical, compassionate citizens. Randolph-Macon College says its liberal arts education develops students’ minds and character; Roanoke College says it prepares students for lives of learning, service, and leadership.
VFIC also lists programs for people at member institutions. The Mednick Faculty Award supports faculty professional development, research, and advanced study; faculty must be nominated by their institution. The Applied Ethics Bowl involves student teams from member institutions in competitions on real-world ethical dilemmas. These programs are for participants within the VFIC network, rather than grant programs for outside applicants.
Grantmaking
In filing year 2025, VFIC reported 16 grants totaling $2,060,943. Grant amounts ranged from $110,390 to $193,970, with a median of $121,832. The largest listed awards included $193,970 to Virginia Union University, $140,280 to Shenandoah University, and $139,570 to Virginia Wesleyan University. The filing describes the grants as distributions to member institutions for programs and scholarships.
For the Mednick Faculty Award, the listed typical research award is about $2,250, as investments allow. Eligible faculty teach at one of the 17 member institutions and must be nominated by their institution. The listed deadline is February 28, 2027. The Applied Ethics Bowl is open to student teams from VFIC member institutions; the 2026 competition took place on February 13, 2026.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists the following trustees: A. Marshall Acuff Jr., Nancy Howell Agee, George F. Albright Jr., John C. Asbury, Frank Batten Jr., George Y. Birdsong, Randy Harrell, Charles L. Cabell Esq., John M. Camp III, and Victor O. Cardwell Esq.
Va Foundation for Independent Colleges is led by Locke W. Ogens, President on every filing since 2024; 4 of 85 officers listed in 2025 are compensated.
Officers on the 2025 filing
Locke W. Ogens
President
On filings since 2024
40 hrs/week
$269K (2025)
William R. Van Buren III Esq.
Chairman
Trustee → Chair-Elect, 2023
Chair-Elect → Chairman, 2025
On filings since 2019
1 hr/week
No compensation reported
Elizabeth Blaine
Director of Development
New on the 2025 filing
40 hrs/week
$185K (2025)
A. Marshall Acuff Jr.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Beverly E. Dalton
Trustee
On filings since 2019
1 hr/week
No compensation reported
Brad N. Hall
Trustee
On filings since 2019
1 hr/week
No compensation reported
Brian W. Quigley
Trustee
On filings since 2019
1 hr/week
No compensation reported
C. Lynch Christian III
Trustee
On filings since 2019
1 hr/week
No compensation reported
Calvin W. Fowler Jr.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Charles L. Cabell Esq.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Craig L. Massey
Trustee
On filings since 2019
1 hr/week
No compensation reported
Daniel J. O'Neill
Trustee
On filings since 2019
1 hr/week
No compensation reported
David W. Bushman
Trustee
On filings since 2019
1 hr/week
No compensation reported
Frank Batten Jr.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Gary R. Shook
Trustee
On filings since 2019
1 hr/week
No compensation reported
Gary R. Thomson
Trustee
Treasurer → Chair, 2021
Chair → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
George C. Freeman III
Trustee
On filings since 2019
1 hr/week
No compensation reported
George F. Albright Jr.
Trustee
On filings since 2019
1 hr/week
No compensation reported
George Y. Birdsong
Trustee
On filings since 2019
1 hr/week
No compensation reported
H. Hiter Harris III
Trustee
On filings since 2019
1 hr/week
No compensation reported
Hugh E. Taylor
Trustee
On filings since 2019
1 hr/week
No compensation reported
J. Knox Singleton
Trustee
On filings since 2019
1 hr/week
No compensation reported
James C. Wheat III
Trustee
On filings since 2019
1 hr/week
No compensation reported
John C. Asbury
Trustee
On filings since 2019
1 hr/week
No compensation reported
John M. Camp III
Trustee
On filings since 2019
1 hr/week
No compensation reported
John R. Clark III
Trustee
On filings since 2019
1 hr/week
No compensation reported
Keith D. Vandervennet
Trustee
On filings since 2019
1 hr/week
No compensation reported
Mark G. Mykityshyn PhD
Trustee
On filings since 2019
1 hr/week
No compensation reported
Nancy Howell Agee
Trustee
Trustee → Chair, 2023
Chair → Trustee, 2025
On filings since 2019
1 hr/week
No compensation reported
Palmer P. Garson
Trustee
On filings since 2019
1 hr/week
No compensation reported
R. Sackett Wood
Trustee
On filings since 2019
1 hr/week
No compensation reported
Richard Cullen Esq.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Robert H. Spilman Jr.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Scott D. Miller
Trustee
Trustee → Vice Chair, 2021
Vice Chair → Trustee, 2023
On filings since 2019
1 hr/week
No compensation reported
Stewart D. Roberson EdD
Trustee
On filings since 2019
1 hr/week
No compensation reported
T. Justin Moore III
Trustee
On filings since 2019
1 hr/week
No compensation reported
Theodore L. Chandler Jr.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Thomas E. Goode
Trustee
Chair → Trustee, 2021
On filings since 2019
1 hr/week
No compensation reported
Thurston R. Moore Esq.
Trustee
On filings since 2019
1 hr/week
No compensation reported
Tracy C. Fitzsimmons
Trustee
On filings since 2019
1 hr/week
No compensation reported
W. Sheppard Miller III
Trustee
On filings since 2019
1 hr/week
No compensation reported
William C. Dudley
Trustee
Trustee → Vice Chair, 2023
Vice Chair → Trustee, 2025
On filings since 2019
1 hr/week
No compensation reported
William L. Pannill
Trustee
On filings since 2019
1 hr/week
No compensation reported
Carter V. Reid
Trustee
On filings since 2020
1 hr/week
No compensation reported
H. McGuire Riley
Trustee
On filings since 2020
1 hr/week
No compensation reported
Peter A. Converse
Trustee
On filings since 2020
1 hr/week
No compensation reported
Victor O. Cardwell Esq.
Trustee
On filings since 2020
1 hr/week
No compensation reported
Alison Morrison-Shetlar
Trustee
On filings since 2021
1 hr/week
No compensation reported
Brian K. Skinner
Trustee
On filings since 2021
1 hr/week
No compensation reported
Charlotte Porterfield
Trustee
On filings since 2021
1 hr/week
No compensation reported
Esther C. Lee
Trustee
On filings since 2021
1 hr/week
No compensation reported
John McNamara Curtis Sr.
Trustee
On filings since 2021
1 hr/week
No compensation reported
Mary Dana Hinton
Trustee
On filings since 2021
1 hr/week
No compensation reported
Bernard A. Neimeier
Trustee
On filings since 2022
1 hr/week
No compensation reported
Lauren Fisher White
Trustee
On filings since 2022
1 hr/week
No compensation reported
Martin Kent
Trustee
On filings since 2022
1 hr/week
No compensation reported
Mary Allen Waller
Trustee
On filings since 2022
1 hr/week
No compensation reported
Russ Ellet
Trustee
On filings since 2022
1 hr/week
No compensation reported
Thomas L. Ransom
Trustee
On filings since 2022
1 hr/week
No compensation reported
Frank Shushok
Trustee
On filings since 2023
1 hr/week
No compensation reported
Hakim J. Lucas
Trustee
On filings since 2023
1 hr/week
No compensation reported
John H. Wick IV
Trustee
On filings since 2023
1 hr/week
No compensation reported
Kevin F. Hallock
Trustee
On filings since 2023
1 hr/week
No compensation reported
Sue Ott Rowlands
Trustee
On filings since 2023
1 hr/week
No compensation reported
William L. Murray
Trustee
On filings since 2023
1 hr/week
No compensation reported
Gary D. Bonnewell
Trustee
On filings since 2024
1 hr/week
No compensation reported
Jennifer Felix
Trustee
On filings since 2024
1 hr/week
No compensation reported
Randall Parks
Trustee
On filings since 2024
1 hr/week
No compensation reported
Teague Avey
Trustee
On filings since 2024
1 hr/week
No compensation reported
Tracy Frist
Trustee
On filings since 2024
1 hr/week
No compensation reported
A. Louise Fincher
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Andrea Glasgow
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Darrell K. Williams
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Dennis Matheis
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Douglas Wilson
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Jeffrey V. Haley
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Maria Tedesco
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Mary Pope M. Hutson
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Michael Hill
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Randy Harrell
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Todd Telemeco
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Mary-Beth M. Johnson
Chief Operating Officer
On filings since 2019
40 hrs/week
$124K (2019) → $180K (2025)
Matthew Shank
Former President
President → Former President, 2024
On filings since 2019
40 hrs/week
$256K (2020) → $15K (2025)
C. Burke King
Treasurer
Treasurer → Trustee, 2022
Trustee → Treasurer, 2023
On filings since 2019
1 hr/week
No compensation reported
Irma Becerra
Vice Chair
Trustee → Vice Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Former officers (47)
- Former: Charles S. Luck IV (2019–2024) — Trustee
- Former: L. Allan Parrott Jr. (2019–2024) — Trustee
- Former: Margaret G. Warner (2019–2024) — Trustee
- Former: Mary G. Shockey (2019–2024) — Trustee
- Former: Meredith Woo (2019–2024) — Trustee
- Former: Robert R. Lindgren (2019–2024) — Trustee
- Former: Thomas D. Rutherfoord Jr. (2019–2024) — Trustee
- Former: Victor K. Branch (2019–2024) — Trustee
- Former: J. Lawrence Stimpert (2020–2024) — Trustee
- Former: John W. Wells (2020–2024) — Trustee
- Former: Benita Thompson-Byas (2022–2024) — Trustee
- Former: Daryl Williams (2023–2024) — Trustee
- Former: Jeffrey P. Stein (2023–2024) — Trustee
- Former: George C. Howell III (2019–2023) — Trustee
- Former: Pamela Fox (2019–2023) — Trustee
- Former: Paul T. Hengst (2019–2023) — Trustee
- Former: Spencer W. Morten III (2019–2023) — Trustee
- Former: Michael Witynski (2021–2023) — Trustee
- Former: Bob Sasser (2019–2022) — Trustee
- Former: Thomas J. Lyons Jr. (2019–2022) — Trustee
- Former: W. Earle Betts III (2019–2022) — Trustee
- Former: Joseph L. Austin MD (2020–2022) — Trustee
- Former: Susan K. Still (2020–2022) — Trustee
- Former: Bradley W. Bateman (2019–2021) — Trustee
- Former: J. Edward Betts Esq. (2019–2021) — Trustee
- Former: Michael C. Maxey (2019–2021) — Trustee
- Former: Ronald A. Crutcher (2019–2021) — Trustee
- Former: Bernard A. Niemeier (2020–2021) — Trustee
- Former: David A. Chandler (2020–2021) — Trustee
- Former: Mary-Allen Waller (2020–2021) — Trustee
- Former: Anne Barnett Hazel (2019–2020) — Trustee
- Former: John G. Stallings (2019–2020) — Trustee
- Former: Kenneth R. Garren (2019–2020) — Trustee
- Former: Marie M. Godsey (2019–2020) — Trustee
- Former: Page Robinson (2019–2020) — Finance Manager
- Former: Pareena Lawrence (2019–2020) — Trustee
- Former: Rony Thomas (2019–2020) — Trustee
- Former: Thomas F. Farrell II (2019–2020) — Trustee
- Former: David A. Arias (2019) — Trustee
- Former: Fred D. Thompson Jr. (2019) — Trustee
- Former: Jake B. Schrum (2019) — Trustee
- Former: James A. Squires (2019) — Trustee
- Former: John A. Luke Jr. (2019) — Trustee
- Former: John L. Stimpert (2019) — Trustee
- Former: Kenneth P. Ruscio (2019) — Past President
- Former: Richard R. Whitt III (2019) — Trustee
- Former: Roger H. Mudd (2019) — Trustee
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
The highest reported compensation on the 2025 filing was $269K, to Locke W Ogens (President). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Va Foundation for Independent Colleges
How much does Va Foundation for Independent Colleges give each year?
Va Foundation for Independent Colleges gave $2.1M across 16 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.1M across 16 grants.
What is Va Foundation for Independent Colleges's typical grant size?
Va Foundation for Independent Colleges's median grant in 2025 was $121,832, and its average grant was $128,809, across 16 grants on its 2025 IRS Form 990.
Where does Va Foundation for Independent Colleges give grants?
Va Foundation for Independent Colleges gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Richmond, VA (2 grants) and Lynchburg, VA (2 grants).
Does Va Foundation for Independent Colleges give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on Va Foundation for Independent Colleges's 2025 IRS Form 990 were described as general or operating support.
Who are Va Foundation for Independent Colleges's largest grantees?
Va Foundation for Independent Colleges's largest 2025 grantees include Virginia Union Univesity ($193,970), Shenandoah University ($140,280) and Virginia Wesleyan University ($139,570), according to its 2025 IRS Form 990. Together they received 23% of its itemized 2025 grant dollars.
How large is Va Foundation for Independent Colleges?
Va Foundation for Independent Colleges reported $45.1M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.6M.
What does Va Foundation for Independent Colleges fund?
VFIC’s mission is to secure financial support that enables college-bound students to access and graduate from outstanding Virginia independent higher education institutions. Its website also describes work to make a personalized, values-based college experience an affordable option. See mission & focus areas ↑
How do I apply for a grant from Va Foundation for Independent Colleges?
The Mednick Faculty Award requires nomination by the faculty member’s institution. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Va Foundation for Independent Colleges's EIN?
Va Foundation for Independent Colleges's EIN (Employer Identification Number) is 54-0554396. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2019 (received by the IRS April 16, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS January 18, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS April 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS March 19, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS March 10, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS April 1, 2026)
- IRS filings on file for fiscal years 2019–2025
Explore Open Grants
Browse active grant opportunities in Va Foundation for Independent Colleges's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Va Foundation for Independent Colleges funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/va-foundation-for-independent-colleges-morg_3177ddea4d3a4bf5aa2f7d2233cd12ea
BibTeX
@misc{grantable_540554396_2026,
author = {{Grantable}},
title = {{Va Foundation for Independent Colleges funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/va-foundation-for-independent-colleges-morg_3177ddea4d3a4bf5aa2f7d2233cd12ea},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Va Foundation for Independent Colleges'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.
Va Foundation for Independent Colleges down — hundreds of funders to go?