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 General Science NTEE: U20 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.

Where $100 goes at Virginia Biosciences Health Research Corporation

How Virginia Biosciences Health Research Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
Create stronger working partnership between virginia academic research universities, the biotechnology industry, and health delivery systems
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to Virginia Biosciences Health Research Corporation

Rarely funds new orgs Every recent recipient had been funded before (2022–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

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

Human & Social Services
$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.

See the full picture for VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION

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