Virginia Hospital Research and Education
Virginia Hospital Research and Education Foundation, commonly known as VHHA Foundation, is a 501(c)(3) nonprofit organization based in Richmond, Virginia. The foundation was established in 1964 and has been tax-exempt since December 1970. The organization operates as a subordinate organization under the Virginia Hospital and Healthcare Association.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.4M
-16.6% YoY
Annual Giving
$5.0M
+83.7% YoY
Grant Count
19
-20.8% YoY
Avg Grant Size
$261K
+132.0% YoY
Mission & Focus Areas
The foundation's mission centers on collaboration, research, and education within Virginia's healthcare industry. Primary funding focus areas include:
- Community Health
- Health and Medical Services
- Human Services
- Healthcare Quality and Patient Safety
- Behavioral Health Initiatives
- Emergency Preparedness
- Workforce Development in Healthcare
Grantmaking
The foundation administers a variety of externally funded grants and awards, many of which are awarded by state agencies in Virginia. Grant sizes typically range from $8,022 to $1,197,279.
Grant Range
s typically range from $8,022 to $1,197,279.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds initiatives in Virginia, with some activity in Tennessee and Ohio.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
| Metric | Amount |
|---|---|
| Total Assets | $6,417,566 |
| Total Revenue | $7,907,898 |
| Total Expenses | $8,014,424 |
| Total Giving | $5,001,031 |
| Total Liabilities | $1,290,000 |
The organization has zero employees listed in its most recent filings.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,417,566 | $7,693,566 | $8,765,703 |
| Revenue | $7,907,898 | $8,145,300 | $5,671,711 |
| Expenses | $8,014,424 | $7,651,851 | $6,004,972 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $190,876 | $119,958 | $94,536 |
| 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 10 recipients in 2024
Grant Size Distribution
91 grants across all recorded years
Open Grants
2 open opportunities from Virginia Hospital Research and Education
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| B ERIC DEATON | CHAIR | 1 | — |
| MICHAEL I ELLIOTT | VICE CHAIR | 1 | — |
| WILLIAM LUNN | SECRETARY/TREASURER | 1 | — |
| PETER M MULKEY | PAST CHAIR (THRU 04/24) | 1 | — |
| MICHAEL J DACEY | DIRECTOR (FROM 04/24) | 1 | — |
| JOANNE M INMAN | DIRECTOR | 1 | — |
| MICHAEL P MCDERMOTT | DIRECTOR (FROM 04/24) | 1 | — |
| STEPHEN J MOTEW | DIRECTOR (THRU 01/24) | 1 | — |
| MARK S NANTZ | DIRECTOR | 1 | — |
| KELLY CANNON | CEO | 40 | — |
| SEAN T CONNAUGHTON | PRESIDENT | 1 | — |
| ELIZABETH A MCNAMEE | CFHRO | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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