THE MISSION OF THE VIRGINIA MUSEUM OF FINE ARTS FOUNDATION IS TO SUPPORT THE VIRGINIA MUSEUM OF FINE ARTS THROUGH A COMPREHENSIVE FUNDRAISING AND DONOR CULTIVATION PROGRAM AND THE INVESTMENT AND MANAGEMENT OF PRIVATE ASSETS. THIS SUPPORT ENHANCES THE ABILITY OF THE MUSEUM OF FINE ARTS (MUSEUM), AN AGENCY OF THE COMMONWEALTH OF VIRGINIA. TO ACCOMPLISH ITS MISSION, THE FOUNDATION ADMINISTERS A COMPREHENSIVE FUND RAISING PROGRAM, INVESTS PRIVATE ASSETS SUCH AS ENDOWMENTS, AND OWNS AND MAINTAINS PIECES OF REAL ESTATE USED BY THE MUSEUM FOR PROGRAM AND ADMINISTRATIVE FUNCTIONS. ALL SUCH ACTIVITIES ARE UNDERTAKEN AT THE REQUEST OF THE MUSEUM'S BOARD OF TRUSTEES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$337.2M
+5.1% YoY
Annual Giving
$32.0M
+6.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$32.0M
+6.4% YoY
About Virginia Museum of Fine Arts Foundation
Based on IRS filings
Virginia Museum of Fine Arts Foundation 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 $337.2M in total assets. In 2024, it awarded 1 grants totaling $32.0M. Net investment income was $8.3M.
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 | $337,151,601 | $320,872,335 | $306,625,729 |
| Revenue | $34,183,610 | $33,257,679 | $55,007,119 |
| Expenses | $39,276,893 | $36,028,084 | $31,441,622 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,296,193 | $11,494,704 | $16,180,133 |
| 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 Virginia Museum of Fine Arts ($32,028,369).
| Recipient | Purpose | Amount |
|---|---|---|
| VIRGINIA MUSEUM OF FINE ARTS Richmond, VA | To assist in implementing and funding programs, projects, and operations of the Virignia Museum of Fine Arts. For the year ended June 30, 2024, assistance was used for curatorial, art acquisition, education and outreach, and management and general expenses. | $32,028,369 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Agustin E Rodriguez | Secretary | 1 | — |
| Charlotte B McGee | Vice-President | 1 | — |
| Michael C Bisceglia | Treasurer | 1 | — |
| Stanley J Olander Jr | President | 2 | — |
| Adrianne Joseph | Director | 1 | — |
| Alex Cecil | Director | 1 | — |
| Anne Marie Irani | Director | 1 | — |
| Anumpama Agarwal | Director | 1 | — |
| Bebe Heiner | Director | 1 | — |
| Brian Jackson | Director | 1 | — |
| Brock Saunders | Director | 1 | — |
| Carolyn Garner | Director | 1 | — |
| Celia Rafalko | Director | 1 | — |
| Charles T Hodges | Director | 1 | — |
| Charlie Whitaker | Director | 1 | — |
| Damian Klute | Director | 1 | — |
| Deborah Valentine | Director | 1 | — |
| Elizabeth EA Blue | Director | 1 | — |
| Elizabeth Harris Rose | Director | 1 | — |
| Elizabeth Locke | Director | 1 | — |
| Eucharia N Jackson | Director | 1 | — |
| Farhad Aghdami | Director | 1 | — |
| Jacqueline Rogers | Director | 1 | — |
| Jennifer L Schooley | Director | 1 | — |
| Jennifer L Sisk | Director | 1 | — |
| KC Graham | Director | 1 | — |
| Kelly Till | Director | 1 | — |
| Larry Kochard | Director | 1 | — |
| Marshall Acuff | Director | 1 | — |
| Mary C Frediani | Director | 1 | — |
| Michael D Williams | Director | 2 | — |
| Michael Schewel | Director | 1 | — |
| Page E Corey | director | 1 | — |
| Alexander L Nyerges | Chief Operating Officer | 22 | $419,539 |
| Andrew Harris | Chief Financial Officer | 22 | $154,686 |
| Elizabeth Oliver | Director of Principal Gifts | 40 | $125,248 |
| Erin Elder | Director of Major Gifts | 40 | $107,007 |
| Hazel Duncan | Director of Accounting | 40 | $142,643 |
| Jasmonn Coleman | Asst. Deputy Director of Development | 40 | $188,967 |
| Tom Gutenberger | Deputy Director of Advancement | 40 | $670,596 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Virginia Museum of Fine Arts Foundation?
Virginia Museum of Fine Arts Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in RICHMOND, VA. It holds $337.2M in total assets as of 2024.
How large is Virginia Museum of Fine Arts Foundation?
As of 2024, Virginia Museum of Fine Arts Foundation holds $337.2M in total assets with $34.2M in annual revenue. It awarded 1 grants totaling $32.0M in 2024.
Where does Virginia Museum of Fine Arts Foundation operate?
Virginia Museum of Fine Arts Foundation has awarded grants in Virginia.
What size grants does Virginia Museum of Fine Arts Foundation award?
In 2024, Virginia Museum of Fine Arts Foundation awarded 1 grants totaling $32.0M — an average of about $32.0M per grant, based on its IRS Form 990 filings.
What is Virginia Museum of Fine Arts Foundation's EIN?
Virginia Museum of Fine Arts Foundation's EIN (Employer Identification Number) is 51-0205333. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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