Virginia Museum of Fine Arts Foundation

RICHMOND, VA EIN: 51-0205333

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Richmond

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15M$30M$45M$61M20202021202220232024
Metric202420232022
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

$0$8M$16M$24M$32M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

VIRGINIA MUSEUM OF FINE …$32.0M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

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

Tom GutenbergerDeputy Director of Advancement$671KAlexander L NyergesChief Operating Officer$420KJasmonn ColemanAsst. Deputy Director of Dev…$189KAndrew HarrisChief Financial Officer$155KHazel DuncanDirector of Accounting$143KElizabeth OliverDirector of Principal Gifts$125KErin ElderDirector of Major Gifts$107K

From 2024 filing

NameTitleHoursCompensation
Agustin E RodriguezSecretary1
Charlotte B McGeeVice-President1
Michael C BiscegliaTreasurer1
Stanley J Olander JrPresident2
Adrianne JosephDirector1
Alex CecilDirector1
Anne Marie IraniDirector1
Anumpama AgarwalDirector1
Bebe HeinerDirector1
Brian JacksonDirector1
Brock SaundersDirector1
Carolyn GarnerDirector1
Celia RafalkoDirector1
Charles T HodgesDirector1
Charlie WhitakerDirector1
Damian KluteDirector1
Deborah ValentineDirector1
Elizabeth EA BlueDirector1
Elizabeth Harris RoseDirector1
Elizabeth LockeDirector1
Eucharia N JacksonDirector1
Farhad AghdamiDirector1
Jacqueline RogersDirector1
Jennifer L SchooleyDirector1
Jennifer L SiskDirector1
KC GrahamDirector1
Kelly TillDirector1
Larry KochardDirector1
Marshall AcuffDirector1
Mary C FredianiDirector1
Michael D WilliamsDirector2
Michael SchewelDirector1
Page E Coreydirector1
Alexander L NyergesChief Operating Officer22$419,539
Andrew HarrisChief Financial Officer22$154,686
Elizabeth OliverDirector of Principal Gifts40$125,248
Erin ElderDirector of Major Gifts40$107,007
Hazel DuncanDirector of Accounting40$142,643
Jasmonn ColemanAsst. Deputy Director of Development40$188,967
Tom GutenbergerDeputy Director of Advancement40$670,596

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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