Virginia Biotechnology Research Park
VIRGINIA BIOTECHNOLOGY RESEARCH PARK (THE ACTIVATION COUNCIL), AS AN ANCHOR FOR THE KNOWLEDGE-BASED COMMUNITY , WILL PROVIDE THE LEADERSHIP AND VISION TO THE RICHMOND REGIONAL INNOVATION ECOSYSTEM WITH A WILLINGNESS TO INVENT, TAKE AND MANAGE RISKS, AND SHARE CREDIT FOR SUCCESS.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$2.4M
-8.4% YoY
Annual Giving
—
Grant Count
0
Avg Grant Size
—
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,408,437 | $2,628,517 | $1,634,872 |
| Revenue | $1,454,208 | $1,323,136 | $1,876,994 |
| Expenses | $1,583,864 | $1,780,360 | $1,403,898 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $48,153 | $5,268 | — |
| 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 0 recipients in 2024
Grant Size Distribution
33 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Virginia Biotechnology Research Park fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHANDRA BRIGGMAN | CEO | 10 | — |
| ROBERT KLEIN | DIRECTOR | 0.17 | — |
| MICHAEL RAO | CHAIR | 0.33 | — |
| JENNIFER FINN | VICE-CHAIR | 0.17 | — |
| JOHN A VITHOULKAS | SECRETARY | 0.17 | — |
| KAREN BOOTH ADAMS | DIRECTOR | 0.17 | — |
| BRIAN ANDERSON | DIRECTOR | 0.17 | — |
| THE HON CAREN MERRICK | DIRECTOR | 0.17 | — |
| JOHN BUDESKY | DIRECTOR | 0.17 | — |
| DR JOSHEPH P CASEY | DIRECTOR | 0.17 | — |
| ELIZABETH CREAMER | DIRECTOR | 0.17 | — |
| ERIN POWELL | DIRECTOR / EXECUTIVE DIREC | 40 | — |
| P SRIRAMA RAO | DIRECTOR | 0.17 | — |
| LISA SIMS | DIRECTOR | 0.17 | — |
| THE HON LEVAR STONEY | DIRECTOR | 0.17 | — |
| RICHARD WINTSCH | DIRECTOR | 0.17 | — |
| GARRET WESTLAKE | DIRECTOR | 0.17 | — |
| PAUL NOLDE | TREASURER | 0.17 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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