Public Charity

VCU INVESTMENT MANAGEMENT COMPANY

VCU INVESTMENT MANAGEMENT COMPANY is a nonprofit organization categorized as Public Charity based in RICHMOND, VA. Its most recent IRS filing (2025) reports revenue of $4.1M, expenses of $3.9M, total assets of $4.1M.

EIN: 474815851 RICHMOND, VA Education N.E.C. NTEE: B99 Latest filing: 2025
Total Revenue$4.1M
Total Expenses$3.9M
Total Assets$4.1M
Grant Records0
Filing Years2020–2025

Mission

TO PROVIDE INVESTMENT AND INVESTMENT MANAGEMENT AND RELATED SERVICES TO THE RECTOR AND THE BOARD OF VISITORS OF VIRGINIA COMMONWEALTH UNIVERSITY (VCU), AND/OR TO THE PRIVATE AND INDEPENDENT FOUNDATIONS AND OTHER ENTITIES AFFILIATED WITH VCU OPERATING IN SUPPORT OF ITS MISSION.

Where $100 goes at Vcu Investment Management Company

How Vcu Investment Management Company divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$87 Programs the work itself
$13 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 $87 for programs

$87
Investment management services
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.

Officers & Directors

TRUSTEE/DIRECTOR Brian Hiestand
CEO AND CIO Bruce Macdonald
BOARD VICE CHAIR Charles Johnson
TRUSTEE/DIRECTOR Gary Zhu
TRUSTEE/DIRECTOR Jane Watkins
TRUSTEE/DIRECTOR Jean Mcgowan

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.1M $3.9M $4.1M
2024 $3.7M $3.6M $3.5M
2023 $3.5M $3.5M $3.2M
2021 $3.3M $2.8M $2.2M
2020 $2.7M $2.4M $1.7M

Between 2020 and 2025, reported annual revenue grew from $2.7M to $4.1M (+50%), with total assets most recently reported at $4.1M.

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

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