Virginia Health Care Foundation

Organization Overview

Virginia Health Care Foundation is located in Richmond, VA. The organization was established in 1992. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 06/2022, Virginia Health Care Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Health Care Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Virginia Health Care Foundation generated $8.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $6.5m during the year ending 06/2022. While expenses have increased by 1.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Virginia Health Care Foundation has awarded 389 individual grants totaling $34,368,908. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE VIRGINIA HEALTH CARE FOUNDATIONS MISSION IS TO INCREASE ACCESS TO PRIMARY HEALTH CARE FOR UNINSURED AND MEDICALLY UNDERSERVED VIRGINIANS. VHCF UNDERWRITES AND ENGAGES IN INITIATIVES WHICH ENROLL UNINSURED

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO HEALTH SAFETY NET ORGANIZATIONS THESE GRANTS PRIMARILY UNDERWROTE THE SALARIES OF 42.45 FTE BEHAVIORAL HEALTH PROFESSIONALS, DENTISTS, NURSE PRACTITIONERS AND PHYSICIANS AT COMMUNITY HEALTH CENTERS, FREE CLINICS AND OTHER HEALTH CARE SAFETY NET ORGANIZATIONS THROUGHOUT VIRGINIA IN FY22, ENABLING THEM TO PROVIDE 34,081 PATIENT VISITS TO UNINSURED VIRGINIANS.


GRANTS FOR THE SALARIES OF 58 MEDICATION ASSISTANCE CASEWORKERS 46.15 FTES, WHO APPLIED FOR FREE PRESCRIPTION MEDICINES FROM PATIENT ASSISTANCE PROGRAMS FOR THEIR PATIENTS WITH CHRONIC DISEASES, GENERATING 108 MILLION IN FREE MEDICATIONS FOR 9,931 UNINSURED PATIENTS IN FY22. THEY ALSO HELPED OBTAIN DISCOUNTED LOW COST GENERIC MEDICINES WHEN FREE ONES WERE NOT AVAILABLE OBTAINED FREE EYEGLASSES AND CERTAIN MEDICAL SUPPLIES AND HELPED ELIGIBLE PATIENTS APPLY FOR MEDICAID.


GRANTS TO HELP IDENTIFY AND ENROLL ELIGIBLE UNINSURED CHILDREN AND ADULTS IN STATE-SPONSORED HEALTH INSURANCE MEDICAID AND FAMIS PROGRAMS. THESE GRANTS FUNDED THE SALARIES OF 20 OUTREACH WORKERS WHO IDENTIFIED AND ENROLLED OVER 7,745 UNINSURED CHILDREN AND ADULTS IN THE FAMIS AND MEDICAID PROGRAMS IN FY22.


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Board, Officers & Key Employees

Name (title)Compensation
Deborah D Oswalt
Exec. Director And Secretary
$207,500
Rachel Rees
Deputy Director
$129,047
Cornelia Sullivan-Dews
Controller
$118,181
Christopher M Carney
Chairman
$0
Margaret G Vanderhye
Vice-Chairman
$0
Nicholas C Conte
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $4,630,571
All other contributions, gifts, grants, and similar amounts not included above$1,039,519
Noncash contributions included in lines 1a–1f $45,892
Total Revenue from Contributions, Gifts, Grants & Similar$5,670,090
Total Program Service Revenue$1,583,725
Investment income $247,897
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $672,257
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,173,969

Grants Awarded

Over the last fiscal year, Virginia Health Care Foundation has awarded $4,188,652 in support to 50 organizations.

Grant RecipientAmount

NEIGHBORHOOD HEALTH

Org PageRecipient Profile

Alexandria, VA

PURPOSE: Medication Assist Prog, Proj Conn/DMAS

$307,734

TRI-AREA COMMUNITY HEALTH

Org PageRecipient Profile

Laurel Fork, VA

PURPOSE: Medication Assist Prg, Mental Health, Nurse Prac

$302,651

INOVA COMMUNITY HEALTH SERVICES

Org PageRecipient Profile

Fairfax, VA

PURPOSE: Project Connect/DMAS

$197,381

DAILY PLANET HEALTH SERVICES

Org PageRecipient Profile

Richmond, VA

PURPOSE: Medication Assist Prg, Medical

$168,635

BLUE RIDGE MEDICAL CENTER

Org PageRecipient Profile

Arrington, VA

PURPOSE: Medication Assistance Program, Medical

$160,563

SOUTHWEST VA COMMUNITY HEALTH SYSTEMS

Org PageRecipient Profile

Meadowview, VA

PURPOSE: Mental Health

$158,609
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 17 grants that Virginia Health Care Foundation has recieved totaling $968,076.

Awarding OrganizationAmount
Sentara Healthcare

Norfolk, VA

PURPOSE: PRIMARY HEALTHCARE FOR UNDERSERVED VIRGINIANS

$447,250
Dominion Energy Charitable Foundation

Richmond, VA

PURPOSE: CONQUERING THE CONSEQUENCES OF COVID-19

$200,000
Williamsburg Community Health Foundation Inc

Williamsburg, VA

PURPOSE: GREATER WILLIAMSBURG MEDICATION ASSISTANCE PROGRAM

$47,000
Williamsburg Community Health Foundation Inc

Williamsburg, VA

PURPOSE: GREATER WILLIAMSBURG MEDICATION ASSISTANCE PROGRAM

$47,000
Danville Regional Foundation

Danville, VA

PURPOSE: PROJECT CONNECT OUTREACH WORKER

$32,500
Danville Regional Foundation

Danville, VA

PURPOSE: PROJECT CONNECT OUTREACH WORKER

$32,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$100,000
Earnings-$8,128
Ending Balance$91,872

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