EIN 54-1562993

Commonwealth Transfusion Foundation (VBS)

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1990
Most recent tax filings
2023-09-01
NTEE code, primary
Description
We are committed to our mission of championing excellence in transfusion medicine. It is our hope that, through our mission, we build a stronger community of hospitals, health care providers, and patients.
Also known as...
Virginia Blood Foundation; VBS Group
Total revenues
$7,585,411
2023
Total expenses
$2,206,256
2023
Total assets
$31,595,405
2023
Num. employees
0
2023

Program areas at VBS

Specialist in blood banking (sbb) program - in 1980 there were 50 sbb programs in the united states. In 2022 there are only 6 programs open to the public. As stated in the commission on accreditation of allied health education programs "individuals board certified as specialists in blood banking are knowledgeable in all aspects of blood banking, Transfusion medicine, hematopoietic, cellular and gene therapies, and tissue transplantation. These individuals are subject matter experts on a variety of subjects including regulatory and quality systems, genetics, immunology, blood groups, collection and storage of blood and components, donor processing, immune mechanisms, component therapy, Transfusion of the newborn, complications of Transfusion, general administration, personnel administration, education, and automated data processing. Specialists in blood banking serve in many roles within the Transfusion medicine field such as regulatory experts, technical/procedural advisors, laboratory
Cesium project with aabb - during fye 2023 completed project with aabb to build case for alternatives to cesiuim for pathogen reduction in developing nations. Visited zambia with research team for final data collections, and to complete final report. Final report completed and submitted in june 2023. Project is completed.
Cellular therapy certification - at the request of key blood industry representatives, ctf began investigation of a program to train and certify blood center staff to meet the demand created by cellular therapies. Ctf hosted a planning session in july 2023 for the industry. Ctf has followed up on the recommendations from that meeting by creating and issuing rfp for program development. This project will continue into fye 2024.

Grants made by VBS

GranteeGrant descriptionAmount
Blood AssuranceCellular Therapy Equipment$187,500
Radford University FoundationMLS Scholarship$58,750
Augusta Health Community FoundationMLS Scholarship$9,500

Personnel at VBS

NameTitleCompensation
Robert CardenPresident , Chief Executive Officer$605,714

Financials for VBS

RevenuesFYE 09/2023
Total grants, contributions, etc.$0
Investment income and dividends$725,512
Net rental income$0
Net gain from sale of non-inventory assets$6,837,568
Gross sales of inventory$0
Miscellaneous revenues$22,331
Total revenues$7,585,411

Form 990s for VBS

Fiscal year endingDate received by IRSFormPDF link
2023-092024-02-20990PFView PDF
2022-092023-02-15990PFView PDF
2021-092022-01-26990PFView PDF
2020-092021-06-17990PFView PDF
2019-092020-09-18990PRView PDF
...and 12 more Form 990s
Data update history
June 5, 2024
Posted financials
Added Form 990PF for fiscal year 2023
June 20, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 17, 2023
Updated personnel
Identified 1 new personnel
June 12, 2023
Posted financials
Added Form 990PF for fiscal year 2021
January 18, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Health
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
4870 Sadler Rd Ste 300
Glen Allen, VA 23060
Metro area
Richmond, VA
County
Henrico County, VA
Website URL
ctf.life/ 
Phone
(804) 934-0282
IRS details
EIN
54-1562993
Fiscal year end
September
Taxreturn type
Form 990-PF
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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