Public Charity

VIRGINIA INNOVATION PARTNERSHIP CORPORATION

VIRGINIA INNOVATION PARTNERSHIP CORPORATION is a nonprofit organization categorized as Public Charity based in HERNDON, VA. Its most recent IRS filing (2025) reports revenue of $33.8M, expenses of $30.6M, total assets of $92.5M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $80K.

EIN: 541282820 HERNDON, VA Computer Science NTEE: U41 Latest filing: 2025
Total Revenue$33.8M
Total Expenses$30.6M
Total Assets$92.5M
Grant Records3
Funding Total$80K
Filing Years2021–2025

Mission

VIPC GROWS AND DIVERSIFIES VIRGINIA'S ECONOMY BY INVESTING IN AND ACCELERATING INNOVATION COMMERCIALIZATION AND ENTREPRENEURSHIP.

Where $100 goes at Virginia Innovation Partnership Corporation

How Virginia Innovation Partnership Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$84 Programs the work itself
$16 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 $84 for programs

$47
Virginia venture partners (vvp) focuses on direct investment, placing equity investments in early-stage science and technology-based companies through a family of funds spanning multiple generations of tech, life…
56% of program spending
$16
The commonwealth commercialization fund (ccf) drives economic growth by providing private sector and higher education and eminent researcher recruitment and retention grant funding for innovative technology research, development…
18% of program spending
$12
Description
15% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

Share on LinkedIn Share on Facebook
Add this to your website

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

SENIOR DIRECTOR, INVESTMENT Alex Euler
VP, MARKETING Angela Costello
FORMER PRESIDENT & CEO Bob Stolle
DIRECTOR Chris Long
VP, ENTREPRENUERIAL Conaway Haskins
CHIEF TECH OFFICER Dave Ihrie

Officer compensation and complete director data available with membership.

Top Grant Purposes

Research & Policy
$40,000 2 grants
Unspecified
$40,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $33.8M $30.6M $92.5M
2024 $47.4M $39.4M $80.0M
2023 $34.8M $38.0M $85.8M
2022 $22.8M $26.0M $75.4M
2021 $76.1M $21.7M $80.1M

Between 2021 and 2025, reported annual revenue declined from $76.1M to $33.8M (-56%), with total assets most recently reported at $92.5M.

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

See the full picture for VIRGINIA INNOVATION PARTNERSHIP CORPORATION

Complete financials, all 3 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time