THE MISSION OF THE FOUNDATION IS TO ASSIST, SUPPORT AND FOSTER THE ACTIVITIES AND MISSION OF THE SCHOOL OF BUSINESS AT VIRGINIA COMMONWEALTH UNIVERSITY. IT SOLICITS, MANAGES AND DISTRIBUTES ASSETS TO BENEFIT PROGRAMS IN THE SCHOOL OF BUSINESS. IT ALSO OWNS PROPERTY WHICH IS LEASED TO VIRGINIA COMMONWEALTH UNIVERSITY TO BE USED FOR SCHOOL OF BUSINESS CLASSES AND ACTIVITIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$92.2M
+7.6% YoY
Annual Giving
$2.4M
-15.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.4M
-15.1% YoY
About Virginia Commonwealth University
Based on IRS filings
Virginia Commonwealth University is a nonprofit organization focused on Education, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $92.2M in total assets. In 2024, it awarded 1 grants totaling $2.4M. Net investment income was $313K.
Focus Areas
Ready to take the next step with Virginia Commonwealth University?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $92,167,761 | $85,693,465 | $83,833,161 |
| Revenue | $7,007,769 | $5,736,553 | $4,740,746 |
| Expenses | $6,418,529 | $6,713,548 | $5,119,965 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $312,710 | $246,267 | $61,088 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
4 open opportunities from Virginia Commonwealth University
VCU Global Business Voucher Program
VIRGINIA COMMONWEALTH UNIVERSITY
Amount
$1,000
Deadline
Rolling / Open
VCU School of Business Foundation Grants
VIRGINIA COMMONWEALTH UNIVERSITY
Amount
Varies
Deadline
Rolling / Open
VCU School of Business Incoming Freshman Scholarships
VIRGINIA COMMONWEALTH UNIVERSITY
Amount
Varies
Deadline
November 1, 2026
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Virginia Commonwealth University ($2,432,484).
| Recipient | Purpose | Amount |
|---|---|---|
| VIRGINIA COMMONWEALTH UNIVERSITY RICHMOND, VA | ASSISTANCE IS PROVIDED IN ORDER TO SUPPORT THE EDUCATIONAL, SCIENTIFIC AND CHARITABLE ACTIVITIES OF VIRGINIA COMMONWEALTH UNIVERSITY. | $2,432,484 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PEYTON F COX | TRUSTEE | 1 | — |
| PAUL W CROSTON | TRUSTEE | 1 | — |
| MARK M GAMBILL | TRUSTEE | 1 | — |
| JUDY C GAVANT | TRUSTEE | 1 | — |
| MICHELLE H GLUCK | TRUSTEE | 1 | — |
| WILLIAM M GINTHER | TRUSTEE | 1 | — |
| ROBERT GREENE | TRUSTEE | 1 | — |
| JEFFREY K GRONNING | TRUSTEE | 1 | — |
| D GLENN HARRIS | TRUSTEE | 1 | — |
| ROBERT E HENLEY | TRUSTEE | 1 | — |
| LINDA T HINES | TRUSTEE | 1 | — |
| LARRY HOLMON | TRUSTEE | 1 | — |
| JUANITA B LEATHERBERRY | TRUSTEE | 1 | — |
| STEVEN A MARKEL | TRUSTEE | 1 | — |
| DAVID L MONDAY | TRUSTEE | 1 | — |
| JOHN D O'NEILL JR | TRUSTEE | 1 | — |
| CHARLES F PHILLIPS III | TRUSTEE | 1 | — |
| RICHARD T REINECKE | TRUSTEE | 1 | — |
| ROBERT C SLEDD | TRUSTEE | 1 | — |
| THOMAS G SNEAD JR | TRUSTEE | 1 | — |
| ALAN R STEWART | TRUSTEE | 1 | — |
| JOHN ZEHEB | TRUSTEE | 1 | — |
| MICHAEL RAO | EX-OFFICIO | 1 | — |
| BRIAN P BROWN | EX-OFFICIO | 1 | — |
| MARK E LAREAU | CHAIRMAN | 1 | — |
| MELINA DAVIS | VICE CHAIRMAN | 1 | — |
| MARK NEWFIELD | TREASURER | 1 | — |
| LAURA E KOTTKAMP | SECRETARY | 10 | $86,723 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Virginia Commonwealth University?
Virginia Commonwealth University is a nonprofit organization focused on Education, based in RICHMOND, VA. It holds $92.2M in total assets as of 2024.
How large is Virginia Commonwealth University?
As of 2024, Virginia Commonwealth University holds $92.2M in total assets with $7.0M in annual revenue. It awarded 1 grants totaling $2.4M in 2024.
Where does Virginia Commonwealth University operate?
Virginia Commonwealth University has awarded grants in Virginia.
What size grants does Virginia Commonwealth University award?
In 2024, Virginia Commonwealth University awarded 1 grants totaling $2.4M — an average of about $2.4M per grant, based on its IRS Form 990 filings.
What is Virginia Commonwealth University's EIN?
Virginia Commonwealth University's EIN (Employer Identification Number) is 20-2661802. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Virginia Commonwealth University'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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