Public Charity

MEDICAL COLLEGE OF VA FOUNDATION

MEDICAL COLLEGE OF VA FOUNDATION is a Public Charity headquartered in Richmond, VA. Financial data from the 2025 filing: $84.2M revenue, $84.3M expenses, $1.1B total assets. 229 publicly reported grants to this organization, totaling roughly $37.5M, appear in IRS filings.

EIN: 546053660 Richmond, VA Latest filing: 2025
Total Revenue$84.2M
Total Expenses$84.3M
Total Assets$1.1B
Grant Records229
Funding Total$37.5M
Filing Years2021–2025

Mission

TO SUPPORT AND FOSTER VCU HEALTH AND VCU HEALTH SCIENCES THROUGH PHILANTHROPY, STEWARDSHIP, INNOVATION, COMMUNICATION, AND COLLABORATION.

Officers & Directors

TRUSTEE Alex Cecil
EVP AND CHIEF DEVELOPMENT OFFICER Brian Thomas
ASSOC DIRECTOR OF FINANCIAL SYSTEMS & REPORTING Christopher Ayers
SR EXECUTIVE ASSISTANT TO CEO AND PRESIDENT Crystal Puryear
TRUSTEE Danny Avula Md
CHAIR Darius A Johnson

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO CREATE THE PAULEY CARDIOLOGY EQUIPMENT FUND, SUPPORT THE DEPARTMENT OF SURGERY, AND ESTABLISH THE PAULEY HEART CENTER IMAGING CLINIC FUND ($5,000,000), ANNUAL SUPPORT OF MCV PAULEY HEART CENTER ($25,000)
$5,025,000 1 grant
HEALTH AND WELLNESS
$4,895,800 4 grants
UNRESTRICTED GENERAL SUPPORT
$4,641,000 5 grants
For nursing and nurse practitioner scholarships.
$2,869,000 4 grants
For grant recipient's exempt purposes
$2,564,934 9 grants

Financial Trends

Year Revenue Expenses Assets
2025 $84.2M $84.3M $1.1B
2024 $53.2M $68.6M $970.2M
2023 $57.6M $40.3M $893.3M
2022 $48.0M $40.5M $828.0M
2021 $75.4M $46.0M $881.3M

Between 2021 and 2025, reported annual revenue grew from $75.4M to $84.2M (+12%), with total assets most recently reported at $1.1B.

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

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