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    5. Virginia Museum of Fine Arts Foundation
    Virginia Museum of Fine Arts Foundation logo

    Virginia Museum of Fine Arts Foundation

    ActiveArts, Culture & Humanities
    Richmond, VAWebsite8043401515

    About Virginia Museum of Fine Arts Foundation

    To enrich the lives of all Virginians through the arts by preserving, collecting, and sharing the museum’s permanent collection and providing exhibitions, education, and statewide outreach.

    Focus Areas

    Arts & CultureArt EducationConservationExhibitionsStatewide cultural outreach

    Who They Fund

    museum visitors/general publicstudents and learners (education programs)local/regional arts community and artists

    Funding Style

    operating supportprogram supportcollection development/art acquisitioneducation and outreach funding

    About Virginia Museum of Fine Arts Foundation

    Virginia Museum of Fine Arts Foundation centers its giving on one institution: the Virginia Museum of Fine Arts in Richmond. The largest recent grant listed is $32,028,369 in 2025, followed by $30,112,102 in 2024 and $25,228,668 in 2023, all directed to the museum for programs, projects, and operations. The grant descriptions show that support has been used for curatorial work, art acquisition, education, and exhibitions, which aligns with the foundation’s purpose of preserving, collecting, and sharing the museum’s permanent collection while extending statewide outreach. The funding relationship appears to function as core institutional support rather than a broad portfolio of outside grants. That makes the foundation especially relevant to researchers tracking museum operations, collection growth, and public programming at Virginia’s state art museum. Its stated mission also points to a public-facing role: enriching the lives of Virginians through the arts through exhibitions, education, and outreach. The recent grant record reinforces that the foundation’s work is organized around sustaining the museum’s long-term programmatic and collection needs.

    What Virginia Museum of Fine Arts Foundation Funds

    The foundation’s recent giving connects directly to museum operations and collections management. In 2025, it gave $32,028,369 to Virginia Museum of Fine Arts for programs, projects, and operations, with support used for curatorial work, art acquisition, education, and exhibitions. A second clear theme is art education and public outreach: the museum’s own summary emphasizes statewide outreach, and the grant language includes education support alongside exhibition activity. Collection growth is another recurring function in the funding record, with art acquisition named in the grant descriptions. The active grant programs also show a public-access orientation within Virginia. Statewide Partners is described as a partnership program for cultural organizations across Virginia, supporting collaborative programs, exhibitions, and potential financial support, while Visual Arts Fellowships provides support related to visual arts fellowships in Virginia.

    How Virginia Museum of Fine Arts Foundation Gives

    The three largest recent grants cluster tightly around the median: p25 is $27,670,385, median is $30,112,102, and p75 is $31,070,236. All three recent grants went to the same recipient, Virginia Museum of Fine Arts, in consecutive years from 2023 through 2025, indicating a repeated annual pattern rather than one-off awards. The foundation does not fund individuals and is not listed as making program-related investments. Its giving appears to be institutional support tied to museum operations and related program functions. The active program list also shows grants are not unsolicited: both Statewide Partners and Visual Arts Fellowships say they do not accept unsolicited applications.

    Financial Snapshot

    Annual Giving

    $32M

    Total Assets

    $337.2M

    Total Revenue

    $34.2M

    Total Expenses

    $39.3M

    Typical Grant Size

    Most grants fall between $27.7M and $31.1M, with a median of $30.1M.

    25th Percentile

    $27.7M

    Median

    $30.1M

    75th Percentile

    $31.1M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in VA.

    Funding intensity
    Low
    High
    Headquarters

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    EIN: 51-0205333
    3 filings on record
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    Topics

    museum operationscuratorial and collections managementart acquisition and collection growtharts education and public outreachpublic exhibitions and programming

    Where Virginia Museum of Fine Arts Foundation Makes Grants

    The grant record is geographically concentrated in Virginia, with 100% of grants going to recipients in the HQ state. The top state by grant count is also Virginia, and the recipient country distribution is entirely U.S.-based. Recent grants are directed to Richmond, including Virginia Museum of Fine Arts in Richmond, VA, which anchors the foundation’s giving pattern. The active Statewide Partners program also points to statewide reach within Virginia rather than out-of-state giving.

    Frequently Asked Questions About Virginia Museum of Fine Arts Foundation

    What does Virginia Museum of Fine Arts Foundation fund?

    It funds the Virginia Museum of Fine Arts’ programs, projects, and operations, with grant descriptions showing support for curatorial work, art acquisition, education, and exhibitions. The foundation’s mission also emphasizes preserving, collecting, and sharing the museum’s permanent collection and supporting statewide outreach.

    How large are the foundation’s recent grants?

    The three largest recent grants are tightly grouped: $27,670,385 at the 25th percentile, $30,112,102 at the median, and $31,070,236 at the 75th percentile. The recent grants listed are $25,228,668 in 2023, $30,112,102 in 2024, and $32,028,369 in 2025.

    Does the foundation make grants outside Virginia?

    No. The geographic scope is local, the top state by grant count is Virginia, and 100% of the grants in the provided record go to recipients in the HQ state. The recipient country distribution is entirely U.S.-based.

    Are there active grant programs, and do they accept unsolicited applications?

    Yes. The active programs listed are Statewide Partners and Visual Arts Fellowships. Both say they do not accept unsolicited applications.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    VIRGINIA MUSEUM OF FINE ARTSRichmond, VA$32,028,3692025To assist in implementing and funding programs, projects, and operations of the Virignia Museum of Fine Arts. For the year ended June 30, 2024, assistance was used for curatorial, art acquisition, education and outreach, and management and general expenses.
    VIRGINIA MUSEUM OF FINE ARTSRICHMOND, VA$30,112,1022024TO ASSIST IN IMPLEMENTING AND FUNDING PROGRAMS, PROJECTS, AND OPERATIONS OF THE VIRIGNIA MUSEUM OF FINE ARTS. FOR THE YEAR ENDED JUNE 30, 2023, ASSISTANCE WAS USED FOR CURATORIAL, ART ACQUISITION, EDUCATION AND OUTREACH, AND MANAGEMENT AND GENERAL EXPENSES.
    VIRGINIA MUSEUM OF FINE ARTSRICHMOND, VA$25,228,6682023TO ASSIST IN IMPLEMENTING AND FUNDING PROGRAMS, PROJECTS, AND OPERATIONS OF THE VIRIGNIA MUSEUM OF FINE ARTS. FOR THE YEAR ENDED JUNE 30, 2022, ASSISTANCE WAS USED FOR CURATORIAL, ART ACQUISITION, EDUCATION AND OUTREACH, AND MANAGEMENT AND GENERAL EXPENSES.

    VIRGINIA MUSEUM OF FINE ARTS

    $32,028,369
    Richmond, VA2025

    To assist in implementing and funding programs, projects, and operations of the Virignia Museum of Fine Arts. For the year ended June 30, 2024, assistance was used for curatorial, art acquisition, education and outreach, and management and general expenses.

    VIRGINIA MUSEUM OF FINE ARTS

    $30,112,102
    RICHMOND, VA2024

    TO ASSIST IN IMPLEMENTING AND FUNDING PROGRAMS, PROJECTS, AND OPERATIONS OF THE VIRIGNIA MUSEUM OF FINE ARTS. FOR THE YEAR ENDED JUNE 30, 2023, ASSISTANCE WAS USED FOR CURATORIAL, ART ACQUISITION, EDUCATION AND OUTREACH, AND MANAGEMENT AND GENERAL EXPENSES.

    VIRGINIA MUSEUM OF FINE ARTS

    $25,228,668
    RICHMOND, VA2023

    TO ASSIST IN IMPLEMENTING AND FUNDING PROGRAMS, PROJECTS, AND OPERATIONS OF THE VIRIGNIA MUSEUM OF FINE ARTS. FOR THE YEAR ENDED JUNE 30, 2022, ASSISTANCE WAS USED FOR CURATORIAL, ART ACQUISITION, EDUCATION AND OUTREACH, AND MANAGEMENT AND GENERAL EXPENSES.