Public Charity

VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION

VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION is a Public Charity headquartered in RICHMOND, VA. Financial data from the 2025 filing: $676K revenue, $5.3M expenses, $11.0M total assets. IRS filings disclose 39 grants awarded by this foundation, totaling roughly $21.9M.

EIN: 461961453 RICHMOND, VA Latest filing: 2025
Total Revenue$676K
Total Expenses$5.3M
Total Assets$11.0M
Grants Given39
Grant Total$21.9M
Filing Years2020–2025

Mission

TO ADVANCE ECONOMIC DEVELOPMENT BY CREATING COMPETITIVE CRITICAL MASS FOR VIRGINIA LIFE SCIENCES THROUGH COLLABORATIONS WITH OUR RESEARCH UNIVERSITIES AND INDUSTRY, TO ATTRACT RESEARCH AND COMMERCIALIZATION CAPITAL TO VIRGINIA AND TO CATALYZE THE COMMERCIALIZATION OF VIRGINIA'S INNOVATIONS THAT MEET LARGE, UNMET MEDICAL NEEDS, IMPROVE HUMAN HEALTH AND TO CREATE MANY MORE HIGH-PAYING LIFE SCIENCE JOBS IN VIRGINIA.

Sample Grants Given

CHARLOTTESVILLE, VA · 2024
TO FOSTER LIFE SCIENCES RESEARCH
$2,995,296
VIRGINIA COMMONWEALTH UNIVERSITY
RICHMOND, VA · 2024
TO FOSTER LIFE SCIENCES RESEARCH
$827,100
VIRGINIA POLYTECHNIC INSTITUTE AND STATE UNIVERSITY
BLACKSBURG, VA · 2024
TO FOSTER LIFE SCIENCES RESEARCH
$402,500
OLD DOMINION UNIVERSITY
NORFOLK, VA · 2024
TO FOSTER LIFE SCIENCES RESEARCH
$378,012
GEORGE MASON UNIVERSITY
FAIRFAX, VA · 2024
TO FOSTER LIFE SCIENCES RESEARCH
$198,000

Showing up to 5 of 39 total records — full history available with membership.

Officers & Directors

DIRECTOR Andre Marshall Phd
DIRECTOR Charles Anamelechi Phd
CHAIR David X Cifu Md
DIRECTOR Dennis Manos Phd
DIRECTOR Fred Epstein Phd
DIRECTOR Grace Festa

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO FOSTER LIFE SCIENCES RESEARCH
$21,878,711 39 grants

Financial Trends

Year Revenue Expenses Assets
2025 $676K $5.3M $11.0M
2024 $7.9M $7.9M $15.8M
2023 $360K $3.2M $15.8M
2021 $5.3M $3.0M $14.0M
2020 $7.9M $3.6M $11.8M

Between 2020 and 2025, reported annual revenue declined from $7.9M to $676K (-91%), with total assets most recently reported at $11.0M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in VA.

VA

Full geographic grant map with state-by-state breakdown available with membership.

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