EIN 54-6053660

MCV Foundation

IRS 501(c) type
501(c)(3)
Num. employees
23
Year formed
1949
Most recent tax filings
2023-06-01
Description
To inspire and steward philanthropy throughout the MCV Campus of Virginia Commonwealth University.
Also known as...
Medical College of Va Foundation
Total revenues
$57,642,255
2023
Total expenses
$40,344,703
2023
Total assets
$893,271,630
2023
Num. employees
23
2023

Program areas at MCV Foundation

EDUCATION, RESEARCH, AND GENERAL EXPENSES FOR VCU HEALTH (VCU health includes the six health sciences schools, The Massey Comprehensive Cancer Center, VCU Health Hospital & Community Clinics).
Scholarships and awards
To aid, strengthen, and extend work of vcu health (faculty salaries paid to vcu).
Equip., indigent patient care, & other

Who funds MCV Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Community FoundationHealth and Wellness$3,613,401
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$2,108,000
The Endeavour Legacy FoundationCharitable Support$2,000,000
...and 61 more grants received totalling $11,466,715

Personnel at MCV Foundation

NameTitleCompensation
Margaret Ann BollmeierPresident and Chief Executive Officer$418,256
David SilverVice President for Finance and Administration and Chief Financial Officer$253,452
Brian ThomasExecutive Vice President and Chief Development Officer$298,737
Eric PetersVice President for Communications$127,444
Julie SearsDirector of Financial Management and Controller$176,421
...and 14 more key personnel

Financials for MCV Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$51,160,391
Program services$1,765,672
Investment income and dividends$3,759,968
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$956,224
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$57,642,255

Form 990s for MCV Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-04990View PDF
2021-062022-04-13990View PDF
2020-062021-05-05990View PDF
2019-062020-07-08990View PDF
...and 9 more Form 990s

Organizations like MCV Foundation

OrganizationLocationRevenue
University of Idaho FoundationMoscow, ID$39,573,106
Clemson University FoundationClemson, SC$75,039,646
Youngstown State University FoundationYoungstown, OH$34,395,011
Montana Tech FoundationButte, MT$43,480,742
University of Nevada-Reno FoundationReno, NV$151,934,512
Southwestern Medical FoundationDallas, TX$72,790,697
UMKC FoundationKansas City, MO$56,327,176
University of North Texas Foundation (UNTF)Denton, TX$20,752,064
University of Alaska FoundationAnchorage, AK$16,970,419
Unc Health FoundationChapel Hill, NC$62,934,826
Data update history
January 12, 2025
Received grants
Identified 18 new grant, including a grant for $3,613,401 from The Community Foundation
October 31, 2024
Updated personnel
Identified 14 new personnel
October 24, 2024
Received grants
Identified 4 new grant, including a grant for $109,000 from American Endowment Foundation
August 25, 2024
Received grants
Identified 15 new grant, including a grant for $125,000 from The James W and Frances Gibson McGlothlin Foundation
August 12, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
School foundationsGrantmaking organizationsCharities
Issues
HealthEducationDiseases and disorders
Characteristics
Funds one specific organizationProvides grantsOperates internationallyState / local levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
PO Box 980234
Richmond, VA 23298
Metro area
Richmond, VA
County
Richmond city, VA
Website URL
mcvfoundation.org/ 
Phone
(804) 828-9734
Facebook page
MCVFoundation 
IRS details
EIN
54-6053660
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1949
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0259772
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2025-02-19
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