Educational Institutions

Medical College of Virginia Foundation

  • Richmond, VA
  • www.mcvfoundation.org

Mission Statement

The Medical College of Virginia Foundation promotes philanthropy and stewards resources to support the Virginia Commonwealth University Medical Center and Virginia Commonwealth University Health System by advancing education, research, and patient care.

Main Programs

  1. The School of Medicine
  2. The School of Allied Health Professions
  3. The School of Dentistry
  4. The School of Nursing
  5. The School of Pharmacy
Service Areas

Self-reported

National

National

ruling year

2007

Principal Officer since 2015

Self-reported

Ms. Margaret Ann Bollmeier

Keywords

Self-reported

MCV, MCVF, MCV Foundation, VCU Medical Foundation, Medical College of Virginia

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Also Known As

MCV Foundation & MCV Hospitals

EIN

54-6053660

Contact

Cause Area (NTEE Code)

University or Technological (B43)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

Past Year Accomplishments1. Received over $30 million in gifts and pledges2. Recruited 8 new members for the Board of Trustees 3. Provided over $25 million in support to the schools and units of the MCV Campus Current Year Goals1. Receive at least $24 million in gifts and pledges2. Recruit Executive Director of Development and Planned Giving Officer3. Provide at least $25 million in support to the schools and units of the MCV Campus

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

The School of Medicine

For the better part of two centuries, the mission of the VCU School of Medicine has balanced teaching, research and patient care. In recent years, we have defined our mission as ""the constant improvement of the quality of health care for citizens of Virginia using innovative, scholarly activity to create new knowledge, to provide better systems of medical education and to develop more effective health care methods.""

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Program 2

The School of Allied Health Professions

The School of Allied Health Professions serves as an international leader in the education of excellent, innovative and responsible allied health professionals. The School, responsive to the needs of society, promotes excellence in healthcare service, and encourages collaborative research that generates state-of-the-art and specialized knowledge. Educational formats that are technologically advanced and accessible to students through on-campus and distance learning are emphasized. The School is an integral part of Virginia Commonwealth University and its Medical College of Virginia campus. The School recognizes the importance of being accountable to the students and their families, the Commonwealth, faculty, staff, alumni/alumnae, and other benefactors by using resources effectively. Strong linkages with clinical educators, preceptors, and the community are essential to the success of the School.

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Program 3

The School of Dentistry

The School of Dentistry has a long history of educating practitioners capable of meeting the oral health care needs of the communities they serve. The School provides opportunities for selected, qualified individuals to study dentistry under the most favorable conditions and in accordance with the standards established by the Commission on Dental Accreditation of the American Dental Association.

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Program 4

The School of Nursing

Established in 1893, the School has a proud heritage of educating the nation's best nurses. Today, the School is a leader in nursing education and research. VCU offers the full range of academic programs from baccalaureate to doctoral programs. The School enrolls more than 900 students and offers a rigorous education combining classes conducted in state of the science classrooms and clinical simulation laboratories to patient care experiences in Magnet hospitals and community clinics and physician offices. Our partnership with the VCU Health System, a level 1 trauma center with Magnet status, offers one of the best clinical experiences in the nation. The VCU School of Nursing faculty are nationally recognized for their contributions to research and education. Currently, the School is ranked 21st nationally in NIH funding.

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Program 5

The School of Pharmacy

Rated among the nation's top professional graduate programs, the VCU School of Pharmacy is at the forefront in Pharmacy, Pharmaceutics, and Medicinal Chemistry education and research. Established in 1898, the School has a long history of pioneering changes in the field of Pharmacy. Throughout the past century Pharmacy practice has changed dramatically, from the art and science of compounding and dispensing medicine to a valuable information resource in drug management for patients and health care professionals. Over 110 years since its founding, the School's programs serve as a model for many schools nationwide.

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Service Areas

Self-reported

National

National

Funding Needs

The MCV Foundation supports the fundraising priorities of its seven major campus partners at VCU's Medical Center and their many units— School of Allied Health Professions, School of Dentistry, School of Medicine, School of Nursing, School of Pharmacy, Massey Cancer Center, and the MCV Hospitals. Now more than ever, private support is critical for advancing the Medical Center's mission of teaching, research, and clinical services for greater Richmond and beyond. Through a committed corps of volunteer leaders and dedicated staff across the campus, the MCV Foundation strives to be a catalytic partner for strategic fundraising. Current priorities include the following, with the goal of securing over $50 Million this year: 1) Donor-named, endowed and current scholarships for undergraduate and graduate students; 2) Donor-named, endowed faculty professorships and chairs; 3) Research support across the clinical and disease spectrums; 4) Capital projects, including the Medical Education Center (building to serve as the hub of teaching and learning for several generations of future medical doctors), and a cancer treatment-research tower.

Accreditations

External Reviews

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

MEDICAL COLLEGE OF VA FOUNDATION
Fiscal year: Jul 01-Jun 30
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

Medical College of Virginia Foundation

Leadership

NEED MORE INFO ON THIS NONPROFIT?

Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2015, 2015 and 2014
  • Board Chair and Board Members
  • Access to the GuideStar Community
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Principal Officer

Ms. Margaret Ann Bollmeier

Governance

BOARD CHAIR

Harry R. Thalhimer

Thalhimer Headwear

Term: July 2016 - June 2019

BOARD LEADERSHIP PRACTICES

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RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?