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· Public charity

Virginia Biotechnology Research Park Activation Capital

Virginia biotechnology research park (the activation council), as an anchor for the knowledge-based community , will provide the leadership and vision to the richmond regional innovation ecosystem with a willingness to invent, take and manage risks, and share credit for success.

$316k
Granted FY2022
15
Grants FY2022
6
States reached
$35k
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2022.

Community Improvement$1.1MHealth$132kScience & Tech$81kArts & Culture$63kEducation$21kFood & Nutrition$20kEmployment$20kRecreation & Sports$10k
02FY2022 · 15 grants

Where the money goes

Grants by size, and the largest recipients.

$20,000
Median grant
6
States reached
$1.2M
Total assets
Largest grants
RecipientAmount
TRIBAJA LLC$35,000
Individual grant recipient$20,000
ATHYTIC$20,000
Individual grant recipient$20,000
MEDOVATE TECHNOLOGIES INC$20,000
BLOOMRAIL$20,000
ALTALITY INC$20,000
LLAMAWOOD INC$20,000
LIPLOVELINE LLC$20,000
NESSLE LLC$20,000
WOURLD INC$20,000
HOTH INTELLIGENCE INC$20,000
VIORA HEALTH INC$20,000
Individual grant recipient$20,000
PEGASUS ADMIN LLC$20,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–22) land where the poverty rate runs at 13%, against an area that typically sits at 11%. 51% of its dollars go to grantees based in above-average-need neighborhoods. Its grants spread fairly evenly across need levels.

area typical 11%HELLOFRIEND INC: $21k → 8%MALCOLM W BROWN: $20k → 6%IVY OAKS ANALYTICS LLC: $21k → 13%HOTH INTELLIGENCE INC: $20k → 22%MINDCOTINE INC: $21k → 8%POLYCARBIN INC: $23k → 14%LUMIFY CARE: $20k → 19%ON-TIME TRIAL: $20k → 6%MEDOVATE TECHNOLOGIES INC: $20k → 8%INTERSTRIDE: $20k → 10%KODA HEALTH INC: $20k → 16%Map My Customers Inc Pawleys Island SC 29585: $20k → 15%PYT FUNDS PAY YOUR TUITION: $23k → 14%COLE DESIGNS: $20k → 9%ALTALITY INC: $20k → 14%ATHYTIC: $20k → 21%KMS TECHNOLOGIES LLC: $20k → 16%BOLD XCHANGE INC: $30k → 21%ENRICHHER LLC: $21k → 13%KAMANA INC: $24k → 12%CODEMOJI INC: $24k → 14%TRIBAJA LLC: $35k → 11%PEGASUS ADMIN LLC: $20k → 4%TERRAVIVE: $25k → 5%TEAM EXCEL INC: $20k → 7%ARCHIVECORE INC: $21k → 8%WOURLD INC: $20k → 8%RADIFY LABS INC: $21k → 8%Skraach LLC: $20k → 9%MINIMALLY INVASIVE SPINAL TECH: $21k → 10%EDCONNECTIVE INC: $21k → 22%BOOKCLUBZ INC: $21k → 11%VIORA HEALTH INC: $20k → 22%WE ARE HUED LLC: $20k → 14%Fenris LLC: $20k → 5%LIGHT THE MUSIC INC: $21k → 7%Glass Smith Holding Inc: $20k → 22%RIDE ROUNDTRIP INC: $25k → 22%SUNNY DAY FUND SOLUTIONS INC: $25k → 6%INDIVISIBLE GROUP CORPORATION: $21k → 8%BLUESWIPE LLC: $21k → 22%GOGO Band Inc: $20k → 5%ANSWERSNOW LLC: $24k → 9%LOKII INC: $20k → 22%FRNGE LLC: $23k → 9%GRANTABLE LLC: $25k → 9%Q MEDIA LLC: $21k → 22%TABLEE LLC: $23k → 22%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

ME
IL
MI
MA
IA
PA
NJ
CA
CO
MO
VA
SC
DC
AL
GA
TX
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

14%of every dollar goes to organizations it has funded before.
$209k · 10 repeat orgs$1.3M to everyone else

10 repeat relationships: 0 still active in FY2022, 10 since wound down; 15 grantees were first funded in FY2022 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

10
48

Total granted

$209k
$944k

Still filing today

0%
0%

New vs renewed · share of each year

In FY2022, 0% of grant dollars renewed an existing relationship; $315k went to new ones.

50%100%’17’18’19’20’21’22
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.

Backed again, and grew

  • KI
    KAMANA INC
    2× · 2019–2020 · $29k
  • B
    BABYLON
    2× · 2019–2020 · $20k
  • PV
    PEERSPECTIVE VR
    2× · 2019–2020 · $20k

Funded once

  • BX
    BOLD XCHANGE
    one grant, 2021 · $30k
  • SD
    SUNNY DAY FUND
    one grant, 2021 · $25k
  • GL
    GRANTABLE LLC
    one grant, 2021 · $25k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field
04the grantee network

0 grantees tracked through their own filings, 2017–2022.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2022, not grant rows in a single year, so this will not match the grant count on the cover. 0 of the 73 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
0/0
Grantees still filing
0/0
Grew since first funded

Where the money sits, by cause and then by grantee

+73 more: $1,467,500 · Other+73 more
Other$1,467,500

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%grantee revenue →↑ funder's share of their budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

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 set of overlaps that mostly run through this funder rather than between each other.

Virginia Innovation Partnership CorporationVA17.3× affinity6 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Virginia Innovation Partnership Corporation

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.

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 73 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 2022, released 2022. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2025) is on record and reports no grant expense, so the figures above are from FY2022, the most recent year this funder made grants.

Source object · view filing

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