THE FOUNDATION OPERATES AS A "SUPPORTING ORGANIZATION" BY PROVIDING FUNDING TO SUPPORT THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF VPM MEDIA CORPORATION.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$179.7M
+8.7% YoY
Annual Giving
$7.5M
-16.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$7.5M
-16.0% YoY
About Virginia Foundation for Public Media
Based on IRS filings
Virginia Foundation for Public Media is a nonprofit organization focused on Arts, Culture & Humanities, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $179.7M in total assets. In 2024, it awarded 1 grants totaling $7.5M. Net investment income was $4.8M.
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 | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $179,716,013 | $165,262,196 | $158,897,506 |
| Revenue | $4,808,618 | $7,231,441 | $8,019,464 |
| Expenses | $8,177,782 | $9,407,592 | $10,771,383 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,771,755 | $7,230,941 | $8,019,464 |
| 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
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Vpm Media Corporation ($7,496,488).
| Recipient | Purpose | Amount |
|---|---|---|
| VPM MEDIA CORPORATION RICHMOND, VA | TO ADVANCE THE ORGANIZATION'S PURPOSE AS A PUBLIC MEDIA OUTLET | $7,496,488 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JIM CHENG | DIRECTOR | 1 | — |
| SHEILA CORCORAN | DIRECTOR | 1 | — |
| PHILIP GOODPASTURE | DIRECTOR | 1 | — |
| PATTY MERRILL | DIRECTOR | 1 | — |
| KEVIN NICHOLSON | DIRECTOR | 1 | — |
| KAREN SKIDMORE | DIRECTOR | 1 | — |
| TING XU | DIRECTOR | 1 | — |
| MICHAEL WILLIAMS | CHAIR | 1 | — |
| RICH DIEMER | VICE-CHAIR | 1 | — |
| DANIEL SMYTHE | CHIEF INVESTMENT OFFICER | 1 | — |
| JAYME SWAIN | CEO AND PRESIDENT | 1 | — |
| GARY OMETER | CFO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Virginia Foundation for Public Media?
Virginia Foundation for Public Media is a nonprofit organization focused on Arts, Culture & Humanities, based in RICHMOND, VA. It holds $179.7M in total assets as of 2024.
How large is Virginia Foundation for Public Media?
As of 2024, Virginia Foundation for Public Media holds $179.7M in total assets with $4.8M in annual revenue. It awarded 1 grants totaling $7.5M in 2024.
Where does Virginia Foundation for Public Media operate?
Virginia Foundation for Public Media has awarded grants in Virginia.
What size grants does Virginia Foundation for Public Media award?
In 2024, Virginia Foundation for Public Media awarded 1 grants totaling $7.5M — an average of about $7.5M per grant, based on its IRS Form 990 filings.
What is Virginia Foundation for Public Media's EIN?
Virginia Foundation for Public Media's EIN (Employer Identification Number) is 82-2118572. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Virginia Foundation for Public Media'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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