THE UNIVERSITY OF VIRGINIA MEDICAL SCHOOL FOUNDATION

EIN: 237173411 501(c)(3) Education

CHARLOTTESVILLE, VA

Total Revenue
$13,071,228
Total Expenses
$7,382,299
Total Assets
$168,036,250
Net Assets
$167,773,963
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
VA
Principal Officer
BARRY COLLINS
Phone
4349241734
Tax Period
2024-07-01 to 2025-06-30

THE UNIVERSITY OF VIRGINIA MEDICAL SCHOOL FOUNDATION, founded in 1972, is a mid-sized nonprofit in the Education sector that reported $13.1M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $5.7M, a strong 44% operating margin.

Mission

THE UNIVERSITY OF VIRGINIA MEDICAL ALUMNI ASSOCIATION AND MEDICAL SCHOOL FOUNDATION IS DEDICATED TO ENHANCING THE EXPERIENCE OF STUDENTS, HOUSESTAFF, ALUMNI AND FACULTY OF THE UVA SCHOOL OF MEDICINE BY CREATING OPPORTUNITIES FOR MENTORING, NETWORKING, SCHOLARSHIP AND PHILANTHROPY.

Program Service Accomplishments

Program 1
Expenses: $2,217,648

GRANTS TO THE UVA MEDICAL SCHOOL TO BE USED TOWARD ENCOURAGING MEDICAL RESEARCH AND SCIENTIFIC STUDY AS WELL AS SUPPLEMENTING MEDICAL SCHOOL FACULTY SALARIES AND OTHER OPERATING EXPENSES.

Program 2
Expenses: $2,802,109

SCHOLARSHIP GRANTS AWARDED TO MEDICAL SCHOOL STUDENTS BASED ON ACADEMIC QUALIFICATIONS AND FINANCIAL NEED TO ENCOURAGE MEDICAL RESEARCH AND STUDY.

Program 3
Expenses: $961,243 Revenue: $152,642

ALUMNI MEETINGS AND PUBLICATIONS AND RELATED EXPENSES TO PROVIDE UPDATES TO MEDICAL SCHOOL ALUMNI REGARDING CURRENT RESEARCH AND SCIENTIFIC STUDY AT THE MEDICAL SCHOOL.

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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 $12,698,736
Program Service Revenue $152,642
Investment Income $219,850
Other Revenue $0
TOTAL REVENUE $13,071,228

Expense Breakdown

Grants Paid $5,019,757
Salaries & Benefits $1,221,595
Fundraising Expenses $341,024
Program Expenses $5,981,000
Other Expenses $1,140,947
TOTAL EXPENSES $7,382,299

Year-over-Year Comparison

2024 2023 Change
Revenue $13,071,228 $14,587,319 -0.1%
Expenses $7,382,299 $6,921,194 +0.1%
Net Income $5,688,929 $7,666,125 -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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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
35
Independent Members
34
Employees
10
Volunteers
273

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
6
$325,854
Total Directors
42
$325,854
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY J COLLINS EXECUTIVE DIRECTOR/EX-OFFI 40.00
Officer Director
$285,723 $40,131 $325,854
MELISSA M WU MD MSF PRESIDENT 1.00
Officer Director
$0 $0 $0
RANDOLPH J CANTERBURY MD MSF VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOHN G JORDAN III MSF TREASURER 1.00
Officer Director
$0 $0 $0
SEAN MILLER MSF SECRETARY 1.00
Officer Director
$0 $0 $0
ELIZABETH A CARR MD MSF PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
STANLEY K GILBERT JR MD TRUSTEE 0.50
Director
$0 $0 $0
ALICE MO MD TRUSTEE 0.50
Director
$0 $0 $0
WENDY S DAVIS MD TRUSTEE 0.50
Director
$0 $0 $0
SARAH T CORLEY MD TRUSTEE 0.50
Director
$0 $0 $0
ROBERT S FRANCO MD TRUSTEE 0.50
Director
$0 $0 $0
LAURA N DABINETT MD TRUSTEE 0.50
Director
$0 $0 $0
DAVID B LORBER MD TRUSTEE 0.50
Director
$0 $0 $0
MEG G KEELEY MD TRUSTEE 0.50
Director
$0 $0 $0
ANNE O WILHITE MD TRUSTEE 0.50
Director
$0 $0 $0
JOEL BRUCE MD TRUSTEE 0.50
Director
$0 $0 $0
PATRICK A X HALL MD TRUSTEE 0.50
Director
$0 $0 $0
J SHELTON HORSLEY IV TRUSTEE 0.50
Director
$0 $0 $0
J SCOTT JUST MD TRUSTEE 0.50
Director
$0 $0 $0
MELINA R KIBBE MD EX-OFFICIO TRUSTEE 1.00
Director
$0 $0 $0
JAMES H BOWLES JR MD EX-OFFICIO TRUSTEE 0.50
Director
$0 $0 $0
MEGAN J BRAY MD EX-OFFICIO TRUSTEE 0.50
Director
$0 $0 $0
J CAMERON MUIR MD EX-OFFICIO TRUSTEE 1.00
Director
$0 $0 $0
LAURIE R ARCHBALD-PANNONE MD TRUSTEE 0.50
Director
$0 $0 $0
DANIELLE J CARROLL MD TRUSTEE 0.50
Director
$0 $0 $0
JAMES N CASEY MD TRUSTEE 0.50
Director
$0 $0 $0
ROBERTA L DEBIASI MD TRUSTEE 1.00
Director
$0 $0 $0
TERRANCE P JOHNS MD TRUSTEE 0.50
Director
$0 $0 $0
COLSTON F MCEVOY MD TRUSTEE 0.50
Director
$0 $0 $0
CHRISANNA M MINK MD TRUSTEE 0.50
Director
$0 $0 $0
SUSAN C MODESITT MD TRUSTEE 0.50
Director
$0 $0 $0
NICOLE F PARKERSON MD TRUSTEE 0.50
Director
$0 $0 $0
PHILIP Y PEARSON MD TRUSTEE 0.50
Director
$0 $0 $0
ADRIAN LE PRESTON MD TRUSTEE 0.50
Director
$0 $0 $0
AMY P RUHL MD TRUSTEE 0.50
Director
$0 $0 $0
LATONYA D RUSSELL MD TRUSTEE 0.50
Director
$0 $0 $0
KEITH A WARREN MD TRUSTEE 0.50
Director
$0 $0 $0
ANASTASIA L WILLIAMS MD TRUSTEE 0.50
Director
$0 $0 $0
FERDINAND D YATES JR MD TRUSTEE 0.50
Director
$0 $0 $0
NORA G KERN MD TRUSTEE 0.50
Director
$0 $0 $0
BOBBY CHHABRA MD TRUSTEE 0.50
Director
$0 $0 $0
MARGARET R DOUGLAS MD TRUSTEE 0.50
Director
$0 $0 $0
CAITLIN LIVERMAN DIRECTOR OF RELATIONS 40.00
Highest
$103,109 $34,512 $137,621
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
2025 $13,071,228 $7,382,299 $168,036,250 $5,688,929
2024 $14,587,319 $6,921,194 $145,674,208 $7,666,125
2023 $9,232,071 $6,487,893 $128,963,798 $2,744,178
2022 $8,950,640 $7,506,083 $123,889,244 $1,444,557
2021 $7,169,298 $6,229,355 $129,643,299 $939,943
2020 $3,710,579 $5,696,383 $88,759,422 $-1,985,804
2019 $7,030,294 $5,037,297 $86,576,009 $1,992,997
2018 $4,473,138 $4,580,340 $80,784,547 $-107,202
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