Virginia Foundation for Public Media
The foundation operates as a "supporting organization" by providing funding to support the charitable and educational activities of vpm media corporation.
Virginia Foundation for Public Media at a glance
In short: Virginia Foundation for Public Media gave $7.9M across 1 grant in 2025 (avg $7.9M), mostly in Virginia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $7,877,059
- +5.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $7,877,059
- +5.1% vs 2024
- Median grant
- $7,877,059
- Total assets
- $224,271,311
- +24.8% vs 2024
- Primary geography
- Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Virginia Foundation for Public Media funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was VPM Media Corporation ($7.9M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Virginia Foundation for Public Media gives
- Giving fell 25% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2018 to 2025, annual grant giving ranged from $1.3M (2018) to $10.5M (2022). In 2025 it made 1 grant totaling $7.9M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| VPM Media Corporation Richmond, VA | To advance the organization's purpose as a public media outlet | $7,877,059 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $224,271,311 | $8,332,836 | $8,499,081 | $7,877,059 | 1 | $6,829,518 |
| 2024 | $179,716,013 | $4,808,618 | $8,177,782 | $7,496,488 | 1 | $4,771,755 |
| 2023 | $165,262,196 | $7,231,441 | $9,407,592 | $8,922,616 | 1 | $7,230,941 |
| 2022 | $158,897,506 | $8,019,464 | $10,771,383 | $10,512,016 | 1 | $8,019,464 |
| 2021 | $185,376,659 | $5,025,363 | $7,630,453 | $6,910,570 | 1 | $5,025,363 |
| 2020 | $158,411,435 | $3,146,825 | $8,229,359 | $7,333,083 | 1 | $3,044,725 |
| 2019 | $159,626,521 | $4,051,257 | $7,561,250 | $3,758,901 | 2 | $4,051,257 |
| 2018 | $158,561,636 | $160,331,735 | $1,808,938 | $1,285,000 | 1 | $1,731,735 |
About Virginia Foundation for Public Media
Based on IRS filings
Virginia Foundation for Public Media is a public charity focused on Arts, Culture & Humanities, based in Richmond, VA. IRS filing data is available from 2018 through 2025. As of 2025, the organization holds $224.3M in total assets. In 2025, it awarded 1 grant totaling $7.9M. Net investment income was $6.8M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Virginia Foundation for Public Media is led by Jayme Swain, CEO & President since 2021 (on filings since 2020); none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jayme Swain
CEO & President
CEO → CEO & President, 2021
On filings since 2020
1 hr/week
No compensation reported
Michael Williams
Chair
Director → Vice Chair, 2022
Vice Chair → Chair, 2024
On filings since 2018
1 hr/week
No compensation reported
Philip Goodpasture
Director
Vice Chair → Chair, 2022
Chair → Director, 2024
On filings since 2018
1 hr/week
No compensation reported
Karen Skidmore
Director
On filings since 2022
1 hr/week
No compensation reported
Ting Xu
Director
On filings since 2022
1 hr/week
No compensation reported
Patty Merrill
Director
On filings since 2023
1 hr/week
No compensation reported
Jim Cheng
Director
On filings since 2024
1 hr/week
No compensation reported
Sheila Corcoran
Director
On filings since 2024
1 hr/week
No compensation reported
Daniel Smythe
Chief Investment Officer
CIO & CAO → CIO & Secretary, 2019
CIO & Secretary → Chief Investment Officer, 2021
On filings since 2018
1 hr/week
$63K (2018) → $0 (2025)
Rich Diemer
Vice Chair
Treasurer → Director, 2019
Director → Vice Chair, 2024
On filings since 2018
1 hr/week
No compensation reported
Gary Ometer
CFO
On filings since 2020
1 hr/week
No compensation reported
Former officers (12)
- Former: Kevin Nicholson (2023–2024) — Director
- Former: Lu Alvarez (2018–2023) — Director
- Former: Michael Bisceglia (2018–2023) — Director
- Former: Cynthia Bailey (2018–2022) — Director
- Former: Louise Martin (2018–2022) — Director
- Former: Elizabeth E. Appel Blue (2018–2021) — Director
- Former: Josh Dare (2018–2021) — Director
- Former: Stephen M. Loderick (2018–2021) — Director
- Former: Tanya Ross (2018–2021) — Director
- Former: Todd M. Stansbury (2018–2021) — Director
- Former: Steve Humble (2018–2019) — Director
- Former: Jonathan Dare (2019) — Director
Data from IRS Form 990 filings, 2018–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
No officer or director reported compensation in the available filings.
Frequently asked questions about Virginia Foundation for Public Media
How much does Virginia Foundation for Public Media give each year?
Virginia Foundation for Public Media gave $7.9M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $7.5M across 1 grant.
How large is Virginia Foundation for Public Media?
Virginia Foundation for Public Media reported $224.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $8.3M.
What is Virginia Foundation for Public Media?
Virginia Foundation for Public Media is a public charity focused on Arts, Culture & Humanities, based in Richmond, VA. It holds $224.3M in total assets as of 2025.
Where does Virginia Foundation for Public Media operate?
Virginia Foundation for Public Media has awarded grants in Virginia.
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 2018–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(9)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 26, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 10, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 11, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990 for fiscal year 2018 (received by the IRS February 5, 2020)
- Added Form 990 for fiscal year 2019 (received by the IRS March 10, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Virginia Foundation for Public Media'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.
Virginia Foundation for Public Media down — hundreds of funders to go?