The Virginia Hospital Center Foundation

EIN: 204129901 501(c)(3) Health Care

Arlington, VA

Total Revenue
$1,475,826
Total Expenses
$2,938,353
Total Assets
$12,313,482
Net Assets
$-5,804,890
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
VA
Phone
7035585562
Tax Period
2024-01-01 to 2024-12-31

The Virginia Hospital Center Foundation, founded in 2007, is a community nonprofit in the Health Care sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $2.9M exceeded revenue, resulting in a 99% operating deficit.

Mission

VIRGINIA HOSPITAL CENTER FOUNDATION IS THE PHILANTHROPIC ARM OF VIRGINIA HOSPITAL CENTER. VIRGINIA HOSPITAL CENTER FOUNDATION INSPIRES CHARITABLE GIVING TO SUPPORT THE TAX-EXEMPT PURPOSE OF VIRGINIA HOSPITAL CENTER.

Program Service Accomplishments

Program 1
Expenses: $2,681,516

VHC HEALTH FOUNDATION, THE FUNDRAISING ARM OF VHC HEALTH, INSPIRES CHARITABLE GIVING TO SUPPORT THE TAX-EXEMPT PURPOSE OF VHC HEALTH. FUNDS RAISED BY THE FOUNDATION SUPPORT VARIOUS VHC HEALTH...

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VHC HEALTH FOUNDATION, THE FUNDRAISING ARM OF VHC HEALTH, INSPIRES CHARITABLE GIVING TO SUPPORT THE TAX-EXEMPT PURPOSE OF VHC HEALTH. FUNDS RAISED BY THE FOUNDATION SUPPORT VARIOUS VHC HEALTH ENTITIES THAT SERVE UNDERSERVED COMMUNITIES. THE FOUNDATION PROVIDES VITAL SUPPORT TO THE VHC HEALTH OUTPATIENT CLINIC, A CRUCIAL RESOURCE FOR UNINSURED AND UNDER-INSURED ADULT PATIENTS. FUNDS RAISED TO SUPPORT THE CLINIC PROVIDED PRESCRIPTION ASSISTANCE, NUTRITIONAL INSECURITY, TRANSPORTATION, AND CASE MANAGEMENT IN 2024. THE FOUNDATION HAS CONTINUOUSLY SUPPORTED TRANSFORMATION OF CARE AT VHC HEALTH. IN 2024, OVER $134,662 WAS ALLOCATED TO SUPPORT CONTINUED GROWTH OF OUR INTEGRATED WOMEN'S HEALTH CENTER, A FORWARD THINKING INITIATIVE DESIGNED TO PROVIDE SEAMLESS DELIVERY OF CARE SPECIFICALLY TO THE NEEDS OF WOMEN OVER THE COURSE OF THEIR LIFETIME. THE FOUNDATION SUPPORTS PROFESSIONAL DEVELOPMENT OF CLINICAL STAFF AND HEALTHCARE PROFESSIONALS THROUGH THE FRIENDS OF NURSING PROGRAM AND THE FRIENDS OF HEALTHCARE PROGRAM BY ALLOWING VHC TO DISTRIBUTE SCHOLARSHIPS, AWARDS, AND TRAINING. THESE PLAY A VITAL ROLE IN ACHIEVING MAGNET-RECOGNIZED STATUS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,475,826
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,475,826

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,818,967
Fundraising Expenses $207,845
Program Expenses $2,681,516
Other Expenses $911,541
TOTAL EXPENSES $2,938,353

Year-over-Year Comparison

2024 2023 Change
Revenue $1,475,826 $1,536,945 0.0%
Expenses $2,938,353 $2,637,845 +0.1%
Net Income $-1,462,527 $-1,100,900 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
17
Employees
10
Volunteers
17

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$3,264,540
Total Directors
22
$4,004,641
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Adrian Stanton Interim President (Beg Dec 2024) / VHC VP, Real Estate Development 1.0
Officer Director
$0 $50,519 $494,661
Anthony Burchard President (through Dec 2024) 40.0
Officer Director
$618,929 $28,640 $647,569
Christopher Lane Board Member/VHC President & CEO 4.0
Officer Director
$0 $50,160 $1,327,081
John Zabrowski Secretary/Treasurer/VHC CFO 4.0
Officer Director
$0 $21,784 $795,229
Sid Simmons Chair 4.0
Officer Director
$0 $0 $0
Allison Blake Board Member 4.0
Director
$0 $0 $0
Brenda Hawthorne Board Member 4.0
Director
$0 $0 $0
Brian Stone MD Board Member / Chief Medical Officer 4.0
Director
$0 $15,436 $740,101
C Ware Palmer Board Member 4.0
Director
$0 $0 $0
Danine Fresch Gray Board Member 4.0
Director
$0 $0 $0
David Lee MD Board Member 4.0
Director
$0 $0 $0
David Romness MD Board Member 4.0
Director
$0 $0 $0
David Townshend Former Chair 4.0
Director
$0 $0 $0
Denise E Hanna Board Member 4.0
Director
$0 $0 $0
John Sverha II MD Board Member 4.0
Director
$0 $0 $0
Justin Miller Board Member 4.0
Director
$0 $0 $0
Michael T Foster Board Member 4.0
Director
$0 $0 $0
Nancy Popovich Board Member 4.0
Director
$0 $0 $0
Richard B Anderson Board Member 4.0
Director
$0 $0 $0
Robert Mordkin MD Board Member 4.0
Director
$0 $0 $0
Russell McWey MD Board Member 4.0
Director
$0 $0 $0
Susan Pascocello Board Member 4.0
Director
$0 $0 $0
Andres Rubert DEVELOPMENT OFFICER, CORP & MAJOR GIFTS 40.0
Highest
$138,824 $17,649 $156,473
Eric Stanton Assistant Director of Communications and Development Strategy 40.0
Highest
$130,233 $6,887 $137,120
Kelvin Martin SR DEVELOPMENT OFFICER PT & FAMILY ENGAGEMT 40.0
Highest
$151,078 $18,550 $169,628
Philippa Moore AVP of Philanthropy (through Nov 2024) 40.0
Highest
$237,956 $21,786 $259,742
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,475,826 $2,938,353 $12,313,482 $-1,462,527
2023 $1,536,945 $2,637,845 $7,604,736 $-1,100,900
2022 $1,184,072 $2,441,810 $3,444,894 $-1,257,738
2021 $1,312,695 $2,065,534 $3,439,586 $-752,839
2020 $2,991,954 $2,114,599 $1,399,218 $877,355
2019 $1,240,184 $1,901,694 $1,124,916 $-661,510
2018 $1,823,584 $1,544,578 $2,181,575 $279,006
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