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Nonprofit · EIN 46-1961453

VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION

Tax-exempt · RICHMOND, VA 23219

Financials

$7.9M$7.9M2023$676K$5.3M2024
Revenue Expenses · by fiscal year end
Financials of VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$676,190$5,292,252-$4,616,062$11,009,875$4,289$11,005,586
June 30, 2024990$7,885,549$7,916,981-$31,432$15,811,648$190,000$15,621,648
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$431,630
of which government grants
$181,630
Program service revenue
$0
Investment income
$244,560
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,800,908
Compensation of officers, directors and key employees
$367,459
Salaries, compensation and benefits (total)
$392,007
Professional fundraising fees
$0
Legal fees
$19,954
Accounting fees
$40,469
Occupancy
$3,300
Travel
$4,768
Program services (functional)
$5,189,502
Management and general (functional)
$102,750

Balance sheet and other

Total assets, start of year
$15,811,648
Total assets, end of year
$11,009,875
Total liabilities, end of year
$4,289
Net assets, end of year
$11,005,586
Net assets without donor restrictions
$4,437,537
Net assets with donor restrictions
$6,568,049
Gross receipts
$676,190
Employees
2
Volunteers
11
Year formed
2013
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL GRISHAMPRESIDENT & CEO
Officer
40$200,000$0
SUZANNE ZETA PHDVP
Officer
40$132,524$24,000
DAVID X CIFU MDCHAIR
Trustee or director, Officer
1$0$0
KYP SIRINAKISVICE CHAIR
Trustee or director, Officer
1$0$0
JEFF CONROYTREASURER
Trustee or director, Officer
1$0$0
THOMAS D ROBERTS IIISECRETARY
Trustee or director, Officer
1$0$0
MICHAEL MORANDIRECTOR
Trustee or director
0.5$0$0
GRACE FESTADIRECTOR
Trustee or director
0.5$0$0
FRED EPSTEIN PHDDIRECTOR
Trustee or director
0.5$0$0
MICHAEL FRIEDLANDER PHDDIRECTOR
Trustee or director
0.5$0$0
ANDRE MARSHALL PHDDIRECTOR
Trustee or director
0.5$0$0
SRIRAMA RAO PHDDIRECTOR
Trustee or director
0.5$0$0
MILTON BROWN MD PHDDIRECTOR
Trustee or director
0.5$0$0
KENNETH FRIDLEY PHDDIRECTOR
Trustee or director
0.5$0$0
DENNIS MANOS PHDDIRECTOR
Trustee or director
0.5$0$0
2 more people on this return
NameTitleHours / weekCompensation
HOWARD P KERNDIRECTOR
Trustee or director
0.5$0
CHARLES ANAMELECHI PHDDIRECTOR
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL GRISHAMPRESIDENT & CEO
Officer
40$200,000$0
SUZANNE ZETA PHDVP
Officer
40$155,000$24,000
DAVID X CIFU MDCHAIR
Trustee or director, Officer
1$0$0
KYP SIRINAKISVICE CHAIR
Trustee or director, Officer
1$0$0
MORRIS W FOSTER PHDTREASURER
Trustee or director, Officer
1$0$0
THOMAS D ROBERTS IIISECRETARY
Trustee or director, Officer
1$0$0
MICHAEL FRIEDLANDER PHDDIRECTOR
Trustee or director
0.5$0$0
CHARLES ANAMELECHI PHDDIRECTOR
Trustee or director
0.5$0$0
ANDRE MARSHALL PHDDIRECTOR
Trustee or director
0.5$0$0
HOWARD P KERNDIRECTOR
Trustee or director
0.5$0$0
MELUR RAMASUBRAMANIAN PHDDIRECTOR
Trustee or director
0.5$0$0
VINCE BARNETTDIRECTOR
Trustee or director
0.5$0$0
DENNIS MANOS PHDDIRECTOR
Trustee or director
0.5$0$0
JEFF CONROYDIRECTOR
Trustee or director
0.5$0$0
SRIRAMA RAO PHDDIRECTOR
Trustee or director
0.5$0$0
MILTON BROWN MD PHDDIRECTOR
Trustee or director
0.5$0$0
JOSEPH BENEVENTODIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
800 E LEIGH ST STE 17, RICHMOND, VA 23219-1598
Principal officer (990 for 2024)
MICHAEL GRISHAM, 800 E LEIGH STREET 17, RICHMOND, VA 23219
Signed the 990
MICHAEL GRISHAM, CEO
Phone
(804) 545-5799
Return prepared by
BROWN EDWARDS & COMPANY LLP

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • CREATE STRONGER WORKING PARTNERSHIP BETWEEN VIRGINIA ACADEMIC RESEARCH UNIVERSITIES, THE BIOTECHNOLOGY INDUSTRY, AND HEALTH DELIVERY SYSTEMS.
    Expenses $5,189,502 · grants $4,800,908

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
46-1961453
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,009,875
Income (IRS master file)
$676,190

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$676,190$5,292,252$11,009,875XML
990June 2024$7,885,549$7,916,981$15,811,648XML
990June 2023$360,182$3,244,521$15,800,580IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-1961453).

Questions about VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION

What is the EIN of VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION?
The employer identification number (EIN) of VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION is 46-1961453.
Is VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION?
The 990 for the year ended June 30, 2025 names MICHAEL GRISHAM.
Who are the officers and directors of VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION?
The 990 for the year ended June 30, 2025 lists 17 people; 2 received compensation from the organization, the highest $200,000 (MICHAEL GRISHAM, PRESIDENT & CEO).
How much revenue does VIRGINIA BIOSCIENCES HEALTH RESEARCH CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $676,190, expenses of $5,292,252 and total assets of $11,009,875 at year end.

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