Virginia Biosciences Health Research
TO ADVANCE ECONOMIC DEVELOPMENT BY CREATING COMPETITIVE CRITICAL MASS FOR VIRGINIA LIFE SCIENCES THROUGH COLLABORATIONS WITH OUR RESEARCH UNIVERSITIES AND INDUSTRY, TO ATTRACT RESEARCH AND COMMERCIALIZATION CAPITAL TO VIRGINIA AND TO CATALYZE THE COMMERCIALIZATION OF VIRGINIA'S INNOVATIONS THAT MEET LARGE, UNMET MEDICAL NEEDS, IMPROVE HUMAN HEALTH AND TO CREATE MANY MORE HIGH-PAYING LIFE SCIENCE JOBS IN VIRGINIA.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$11.0M
-30.4% YoY
Annual Giving
$4.8M
+59.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$960K
+27.2% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $11,009,875 | $15,811,648 | $15,800,580 |
| Revenue | $676,190 | $7,885,549 | $360,182 |
| Expenses | $5,292,252 | $7,916,981 | $3,244,521 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $244,560 | $317,179 | $132 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Virginia Biosciences Health Research fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID X CIFU MD | CHAIR | 1 | — |
| KYP SIRINAKIS | VICE CHAIR | 1 | — |
| JEFF CONROY | TREASURER | 1 | — |
| THOMAS D ROBERTS III | SECRETARY | 1 | — |
| MICHAEL MORAN | DIRECTOR | 0.5 | — |
| GRACE FESTA | DIRECTOR | 0.5 | — |
| FRED EPSTEIN PHD | DIRECTOR | 0.5 | — |
| MICHAEL FRIEDLANDER PHD | DIRECTOR | 0.5 | — |
| ANDRE MARSHALL PHD | DIRECTOR | 0.5 | — |
| SRIRAMA RAO PHD | DIRECTOR | 0.5 | — |
| MILTON BROWN MD PHD | DIRECTOR | 0.5 | — |
| KENNETH FRIDLEY PHD | DIRECTOR | 0.5 | — |
| DENNIS MANOS PHD | DIRECTOR | 0.5 | — |
| HOWARD P KERN | DIRECTOR | 0.5 | — |
| CHARLES ANAMELECHI PHD | DIRECTOR | 0.5 | — |
| MICHAEL GRISHAM | PRESIDENT & CEO | 40 | $200,000 |
| SUZANNE ZETA PHD | VP | 40 | $132,524 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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