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Virginia · Public charity

Va Foundation for Independent Colleges

To secure financial support that enables college-bound students to access and graduate from outstanding virginia independent higher education institutions.

$2.2M
Granted FY2025(still arriving)
16
Itemized grants FY2025
16
Organizations funded FY2024
0%
First-time grantees FY2024
Read the full brief
Itemized, FY2025
$2.1M
The rest is grants the schedule does not break out
Median grant, FY2025
$122,323
Largest grant, FY2025
$193,970
Organizations funded a year
15 to 16
FY2017 to FY2024
States reached, FY2025
1
Total assets, FY2025
$45M

How open it is to new grantees

In FY2024, 0% of the organizations Va Foundation for Independent Colleges funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2024, 100% of grant dollars renewed an existing relationship; $0 went to new ones.

50%100%’18’19’20’22’23’24
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving16$2.1M0%
FY202416$2.1M0%
FY202316$2.1M0%
FY202216$2.0M6%
FY202015$2.0M0%
FY201915$1.8M0%
FY201815$1.6M0%
FY201715$2.4Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Education$16M

Top grantees

Largest recipients by total granted, FY2017 to FY2025, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
University of Richmond$1,172,40290%
Virginia Wesleyan University$1,115,33290%
Shenandoah University$1,109,92990%
Bridgewater College$1,102,43190%
Marymount University$1,079,58790%
Randolph-Macon College$1,058,93490%
University of Lynchburg$1,057,94990%
Emory & Henry University$1,045,96290%
Roanoke College$1,036,03690%
Washington and Lee University$1,013,75390%
Show all 16 grantees
All grantees of Va Foundation for Independent Colleges by total granted
GranteeTotal grantedYearsShare of their budget
University of Richmond$1,172,40290%
Virginia Wesleyan University$1,115,33290%
Shenandoah University$1,109,92990%
Bridgewater College$1,102,43190%
Marymount University$1,079,58790%
Randolph-Macon College$1,058,93490%
University of Lynchburg$1,057,94990%
Emory & Henry University$1,045,96290%
Roanoke College$1,036,03690%
Washington and Lee University$1,013,75390%
Randolph College Inc$970,14490%
Mary Baldwin University$961,29090%
Hollins University Corporation$953,69690%
Hampden-Sydney College$951,68790%
Sbc Foreign Programs Inc$928,247962%
Virginia Union University$464,78540%

Where it is load-bearing

Va Foundation for Independent Colleges supplied at least a quarter of the budget for 1 of its grantees at some point. The chart plots its 16 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetUniversity of Richmond: $1,172,402 over 9y, 0.0% of budgetVirginia Wesleyan University: $1,115,332 over 9y, 0.3% of budgetShenandoah University: $1,109,929 over 9y, 0.1% of budgetBridgewater College: $1,102,431 over 9y, 0.2% of budgetMarymount University: $1,079,587 over 9y, 0.1% of budgetRandolph-Macon College: $1,058,934 over 9y, 0.2% of budgetUniversity of Lynchburg: $1,057,949 over 9y, 0.1% of budgetEmory & Henry University: $1,045,962 over 9y, 0.3% of budgetRoanoke College: $1,036,036 over 9y, 0.1% of budgetWashington and Lee University: $1,013,753 over 9y, 0.1% of budgetRandolph College Inc: $970,144 over 9y, 0.4% of budgetMary Baldwin University: $961,290 over 9y, 0.3% of budgetHollins University Corporation: $953,696 over 9y, 0.2% of budgetHampden-Sydney College: $951,687 over 9y, 0.2% of budgetSbc Foreign Programs Inc: $928,247 over 9y, 62% of budgetVirginia Union University: $464,785 over 4y, 0.3% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 16.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Lettie Pate Whitehead Foundation IncGA13.6× affinity4 shared granteesties to 9 of 9Hover any node to trace its alignments.Compare side by side →

Open a dossier: Lettie Pate Whitehead Foundation Inc · National Collegiate Athletic Association · Charlottesville Area Community Foundation · Tulsa Community Foundation · Verizon Foundation · Charities Aid Foundation America · The Bank of America Charitable Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Va Foundation for Independent Colleges with peer funders

About Va Foundation for Independent Colleges

How much does Va Foundation for Independent Colleges give?
Va Foundation for Independent Colleges reported 16 itemized grants totaling $2,060,943, out of $2,173,736 in total grant expense reported on the return in its FY2025 IRS filing. It funded between 15 and 16 organizations a year over FY2017 to FY2024.
What does Va Foundation for Independent Colleges fund?
By grant dollars over FY2017 to FY2025, its largest causes are Education (100%).
Who are Va Foundation for Independent Colleges's largest grantees?
By total granted over FY2017 to FY2025: University of Richmond ($1.2M), Virginia Wesleyan University ($1.1M), Shenandoah University ($1.1M).
Does Va Foundation for Independent Colleges fund new organizations?
In FY2024, 0% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Va Foundation for Independent Colleges?
Its strongest co-funders, measured against what their size predicts, include Lettie Pate Whitehead Foundation Inc, National Collegiate Athletic Association, Charlottesville Area Community Foundation.
Where is Va Foundation for Independent Colleges based?
Va Foundation for Independent Colleges is based in VA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 16 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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