Virginia Health Care Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The Virginia Health Care Foundations mission is to increase access to primary health care for uninsured and medically underserved Virginians.
- Income
- $9.8 million
- Spending
- $8.9 million
- Spent on programs
- 90%
- Reserves
- 18.6 months of spending
- Largest source of income
- government grants, 53%
- Employees
- 19
- Highest pay
- $254,583, past executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 91 out of 100. Higher than 78% of charities in its peer group (health care, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 18.6 months of spending.
Debt
16 of 20It owes 20% of what it owns.
Living within its means
15 of 15Income exceeded spending by 9% of income.
Income trend
10 of 15Income fell 7% on the year before.
Spending floor
15 of 1590% of spending went to programs and raising each dollar of donations cost 3 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 67% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (8)
- $1.9 million spent. Health access grants These grants primarily underwrote the salaries of 38.11 FTE behavioral health professionals, dentists, nurse practitioners and physicians at community health centers, free clinics and other health access organizations throughout Virginia in FY25, enabling them to provide 49,852 patient visits to uninsured Virginians.
- $1.8 million spent. Grants for the salaries of 50 medication assistance caseworkers 37.45 FTEs, who applied for free prescription medicines from Patient Assistance Programs for their uninsured patients with chronic diseases, generating 145 million in free medications for 12,384 uninsured patients in FY25. They also helped obtain discounted low cost generic medicines when free ones were not available obtained free eyeglasses and certain medical supplies and helped eligible patients apply for Medicaid.
- $1.5 million spent. Grants to help identify and enroll eligible uninsured children and adults in state-sponsored health insurance Medicaid and FAMIS programs. These grants funded the salaries of 20 outreach workers who identified and enrolled 8,007 uninsured children and adults in the FAMIS and Medicaid programs in FY25.
- Program Service Expenses 1,255,545, Grants and allocations 0, Revenue 1,255,545 To help address the tremendous shortage of licensed therapists, VHCF developed Boost, a program that pays the cost of required supervision of Masters of Social Work and Masters of Counseling graduates, removing a significant impediment to licensure. In FY25 Boost had 344 Boost therapists in the field treating mental health conditions 129 achieved licensure and the remainder will become licensed over the next two years. In return, they commit to practicing in Virginia for two years, once licensed.
- Program Service Expenses 484,328, Grants and allocations 0, Revenue 484,328 One of VHCFs priorities is helping as many chronically ill uninsured Virginians as possible obtain the lifesaving medicines they need. In addition to issuing grants for medication assistance caseworkers, VHCF offers training on and continuously updates The Pharmacy Connection TPC, the proprietary software which it developed and maintains, to expedite access to the free prescription medicines from the brandname pharmaceutical companies Patient Assistance Programs. This web-based software enabled the 109 organizations in Virginia which use TPC to obtain 248 million in free primary care related medicines and 1,074 million in free cancer medicines for 18,465 uninsured Virginiansn FY25.
- Program Service Expenses 391,535, Grants and allocations 0, Revenue 391,535 VHCF addressed Virginias shortgage of Psychiatric Nurse Practitioners by funding full scholarships for NPs to obtain training and credentials as Psych NPs. In return, they practice In Mental Health Professional Shortage Areas for two years, once licensed.
- Program Service Expenses 367,488, Grants and allocations 100,000, Revenue 367,488 VHCF has launched several strategic initiatives to increase access to needed healthcare services. This includes increasing the number of school-based health centers where low income children can obtain needed mental health services and a collaborative effort with other statewide organizations to improve the mental health and well-being of Virginias health safety net clinicians. In addition, VHCF funds recruitment packages for dental professionals who agree to practice in shortage areas.
- Program Service Expenses 322,592, Grants and allocations 205,000, Revenue 322,592 Other programs and services include 205,000 to the RxPartnership RxP as directed by VHCFs state appropriation. RxP is a free-standing non profit 501c3 organization which VHCF helped establish in 2003 to obtain free prescription medicines in bulk from the nations brandname pharmaceutical companies. It also includes Health Safety Net technical assistance.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 1992.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.