TO ADVANCE ECONOMIC DEVELOPMENT BY CREATING COMPETITIVE CRITICAL MASS FOR VIRGINIA LIFE SCIENCES THROUGH COLLABORATIONS WITH OUR RESEARCH UNIVERSITIES AND INDUSTRY, TO ATTRACT RESEARCH AND COMMERCIALIZATION CAPITAL TO VIRGINIA AND TO CATALYZE THE COMMERCIALIZATION OF VIRGINIA'S INNOVATIONS THAT MEET LARGE, UNMET MEDICAL NEEDS, IMPROVE HUMAN HEALTH AND TO CREATE MANY MORE HIGH-PAYING LIFE SCIENCE JOBS IN VIRGINIA.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$11.0M
-30.4% YoY
Annual Giving
$4.8M
+59.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$960K
+27.2% YoY
About Virginia Biosciences Health Research
Based on IRS filings
Virginia Biosciences Health Research is a nonprofit organization focused on Science & Technology, based in RICHMOND, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $11.0M in total assets. In 2025, it awarded 5 grants totaling $4.8M. Net investment income was $245K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,009,875 | $15,811,648 | $15,800,580 |
| Revenue | $676,190 | $7,885,549 | $360,182 |
| Expenses | $5,292,252 | $7,916,981 | $3,244,521 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $244,560 | $317,179 | $132 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include The University of Virginia ($2,995,296), Virginia Commonwealth University ($827,100), Virginia Polytechnic Institute and State University ($402,500).
| Recipient | Purpose | Amount |
|---|---|---|
| THE UNIVERSITY OF VIRGINIA CHARLOTTESVILLE, VA | TO FOSTER LIFE SCIENCES RESEARCH | $2,995,296 |
| VIRGINIA COMMONWEALTH UNIVERSITY RICHMOND, VA | TO FOSTER LIFE SCIENCES RESEARCH | $827,100 |
| GEORGE MASON UNIVERSITY FAIRFAX, VA | TO FOSTER LIFE SCIENCES RESEARCH | $198,000 |
| OLD DOMINION UNIVERSITY NORFOLK, VA | TO FOSTER LIFE SCIENCES RESEARCH | $378,012 |
| VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY BLACKSBURG, VA | TO FOSTER LIFE SCIENCES RESEARCH | $402,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID X CIFU MD | CHAIR | 1 | — |
| KYP SIRINAKIS | VICE CHAIR | 1 | — |
| JEFF CONROY | TREASURER | 1 | — |
| THOMAS D ROBERTS III | SECRETARY | 1 | — |
| MICHAEL MORAN | DIRECTOR | 0.5 | — |
| GRACE FESTA | DIRECTOR | 0.5 | — |
| FRED EPSTEIN PHD | DIRECTOR | 0.5 | — |
| MICHAEL FRIEDLANDER PHD | DIRECTOR | 0.5 | — |
| ANDRE MARSHALL PHD | DIRECTOR | 0.5 | — |
| SRIRAMA RAO PHD | DIRECTOR | 0.5 | — |
| MILTON BROWN MD PHD | DIRECTOR | 0.5 | — |
| KENNETH FRIDLEY PHD | DIRECTOR | 0.5 | — |
| DENNIS MANOS PHD | DIRECTOR | 0.5 | — |
| HOWARD P KERN | DIRECTOR | 0.5 | — |
| CHARLES ANAMELECHI PHD | DIRECTOR | 0.5 | — |
| MICHAEL GRISHAM | PRESIDENT & CEO | 40 | $200,000 |
| SUZANNE ZETA PHD | VP | 40 | $132,524 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Virginia Biosciences Health Research?
Virginia Biosciences Health Research is a nonprofit organization focused on Science & Technology, based in RICHMOND, VA. It holds $11.0M in total assets as of 2025.
How large is Virginia Biosciences Health Research?
As of 2025, Virginia Biosciences Health Research holds $11.0M in total assets with $676K in annual revenue. It awarded 5 grants totaling $4.8M in 2025.
Where does Virginia Biosciences Health Research operate?
Virginia Biosciences Health Research has awarded grants in Virginia.
What size grants does Virginia Biosciences Health Research award?
In 2025, Virginia Biosciences Health Research awarded 5 grants totaling $4.8M — an average of about $960K per grant, based on its IRS Form 990 filings.
What is Virginia Biosciences Health Research's EIN?
Virginia Biosciences Health Research's EIN (Employer Identification Number) is 46-1961453. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Virginia Biosciences Health Research's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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