EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION (EIN 23-7053028)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2022-11-10
IRS object ID: 202243149349304714
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule I
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-10T12:57:00-06:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	440160260	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	FORVIS LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	440 MONTICELLO AVE SUITE 1400	AddressLine1Txt
City	NORFOLK	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23510	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	237053028	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EASTERN VIRGINIA MEDICAL SCHOOL	BusinessNameLine1Txt
Business Name Line2	FOUNDATION	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	EAST	BusinessNameControlTxt
Phone	7574466051	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 5	AddressLine1Txt
City	NORFOLK	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	235010005	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	THOMASIN CHRISMAN	PersonNm
Person Title	ASSISTANT TREASURER	PersonTitleTxt
Phone	7574466065	PhoneNum
Signature	2022-11-08	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	THOMASIN	PersonFirstNm
Person Last	CHRISMAN	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	LAKRISHA J WATSON	PreparerPersonNm
PTIN	P01677333	PTIN
Phone	7576245100	PhoneNum
Preparation	2022-11-08	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	MARK B DREYFUS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 5	AddressLine1Txt
City	NORFOLK	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	235010005	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$22,947,082	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.EVMSFOUNDATION.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1969	FormationYr
Legal Domicile State	VA	LegalDomicileStateCd
Activity Or Mission	THE EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION SERVES TO STRENGTHEN THE FINANCIAL SECURITY OF THE EASTERN VIRGINIA MEDICAL SCHOOL BY ACCEPTING, INVESTING AND MANAGING GIFTS, DONATIONS AND BEQUESTS.	ActivityOrMissionDesc
Voting Members Governing Body	23	VotingMembersGoverningBodyCnt
Voting Members Independent	23	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	23	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$90,854	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$18,448,443	PYContributionsGrantsAmt
CY Contributions Grants	$9,527,358	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$9,198,284	PYInvestmentIncomeAmt
CY Investment Income	$9,479,122	CYInvestmentIncomeAmt
PY Other Revenue	$93,635	PYOtherRevenueAmt
CY Other Revenue	$21,984	CYOtherRevenueAmt
PY Total Revenue	$27,740,362	PYTotalRevenueAmt
CY Total Revenue	$19,028,464	CYTotalRevenueAmt
PY Grants And Similar Paid	$8,406,911	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$9,557,125	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$200,330	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$172,776	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$61,648	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$11,646	CYTotalFundraisingExpenseAmt
PY Other Expenses	$867,935	PYOtherExpensesAmt
CY Other Expenses	$909,932	CYOtherExpensesAmt
PY Total Expenses	$9,536,824	PYTotalExpensesAmt
CY Total Expenses	$10,639,833	CYTotalExpensesAmt
PY Revenues Less Expenses	$18,203,538	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$8,388,631	CYRevenuesLessExpensesAmt
Total Assets BOY	$179,483,050	TotalAssetsBOYAmt
Total Assets EOY	$165,919,612	TotalAssetsEOYAmt
Total Liabilities BOY	$250,447	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,563,678	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$179,232,603	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$164,355,934	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	THE EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION SERVES TO STRENGTHEN THE FINANCIAL SECURITY OF THE EASTERN VIRGINIA MEDICAL SCHOOL BY ACCEPTING, INVESTING AND MANAGING GIFTS, DONATIONS AND BEQUESTS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$5,390,622	ExpenseAmt
Grant	$5,390,622	GrantAmt
Revenue	$21,984	RevenueAmt
Desc	RESTRICTED GRANTS GIVEN TO THE EASTERN VIRGINIA MEDICAL SCHOOL FOR MEDICAL RESEARCH AND EDUCATIONAL PROGRAMS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$1,417,029	ExpenseAmt
Grant	$1,417,029	GrantAmt
Desc	APPROPRIATIONS FOR MAINTENANCE AND OPERATIONS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$1,651,671	ExpenseAmt
Grant	$1,651,671	GrantAmt
Desc	APPROPRIATIONS FOR PROGRAM AND PROFESSORSHIP ENHANCEMENTS OF THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION.	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$1,097,803	ExpenseAmt
Grant	$1,097,803	GrantAmt
Desc	APPROPRIATIONS FOR STUDENT SCHOLARSHIPS AT THE EASTERN VIRGINIA MEDICAL SCHOOL APPROVED BY THE BOARD OF THE FOUNDATION.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$1,097,803	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$1,097,803	TotalOtherProgSrvcGrantAmt
Total Program Service Expenses	$9,557,125	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (1)	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	Yes (1)	GrantsToOrganizationsInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	3	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	Yes (1)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (1)	Form990TFiledInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	23	GoverningBodyVotingMembersCnt
Independent Voting Member	23	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	AK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	AZ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	KY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	ME	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MD	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	MN	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NJ	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	CO	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OH	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OR	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	UT	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	WA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	SC	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	THOMASIN CHRISMAN ASSISTANT TREASU	PersonNm
Phone	7574466065	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	P O BOX 5	AddressLine1Txt
City	NORFOLK	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	235010005	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
SHIRLEY C BALDWIN
CHAIR	1.00	Yes (X)	Yes (X)	$0	$0	$0
MARK B DREYFUS
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
STEPHEN M SNYDER
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
CLYDE T CLARK JR
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ANDY FINE
TRUSTEE	1.00	Yes (X)		$0	$0	$0
STEVEN D FREDRICKSON
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DAWN S GLYNN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ROBERT C GOODMAN JR
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ANDREW C HODGE
TRUSTEE	1.00	Yes (X)		$0	$0	$0
CHRISTOPHER D KASTNER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
KIRKLAND KELLEY ESQ
TRUSTEE	1.00	Yes (X)		$0	$0	$0
PATRICIA Y KING MD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
EDWARD L LILLY MD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MARK D MANION
TRUSTEE	1.00	Yes (X)		$0	$0	$0
B THOMAS MANSBACH ESQ
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DARLEEN MASTIN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
VINCENT J MASTRACCO JR ESQ
TRUSTEE	1.00	Yes (X)		$0	$0	$0
VANDANA A PATEL MD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
ROBIN D RAY
TRUSTEE	1.00	Yes (X)		$0	$0	$0
DEBORAH B RUSSELL
TRUSTEE	1.00	Yes (X)		$0	$0	$0
JANE R SHORT CFP
TRUSTEE	1.00	Yes (X)		$0	$0	$0
CHARITY A VOLMAN
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LEWIS W WEBB III ESQ
TRUSTEE	1.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$9,527,358	AllOtherContributionsAmt
Noncash Contributions	$388,690	NoncashContributionsAmt
Total Contributions	$9,527,358	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,272,794	TotalRevenueColumnAmt
Exclusion	$1,272,794	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$12,124,946	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$3,918,618	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$8,206,328	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$8,206,328	TotalRevenueColumnAmt
Exclusion	$8,206,328	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	NET LIFE INSURANCE ACTIVITY	Desc
Business	524298	BusinessCd
Total Revenue Column	$21,984	TotalRevenueColumnAmt
Related Or Exempt Func Income	$21,984	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$21,984	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$19,028,464	TotalRevenueColumnAmt
Related Or Exempt Func Income	$21,984	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$9,479,122	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$9,546,160	TotalAmt
Program Services	$9,546,160	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$10,965	TotalAmt
Program Services	$10,965	ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$137,172	TotalAmt
Management And General	$137,172	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$35,604	TotalAmt
Management And General	$35,604	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$37,100	TotalAmt
Management And General	$37,100	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$805,075	TotalAmt
Management And General	$805,075	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$500	TotalAmt
Fundraising	$500	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$4,103	TotalAmt
Management And General	$4,103	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$6,500	TotalAmt
Management And General	$6,500	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
GENERAL EXPENSES	$42,659	$42,659
SPECIAL EVENTS & OTHER	$11,146		$11,146
BANK CHARGES	$2,849	$2,849

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$10,639,833	TotalAmt
Program Services	$9,557,125	ProgramServicesAmt
Management And General	$1,071,062	ManagementAndGeneralAmt
Fundraising	$11,646	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$365,133	BOYAmt
EOY	$203,928	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$15,001,321	BOYAmt
EOY	$12,198,925	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,984,388	BOYAmt
EOY	$3,466,599	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$45,993,415	BOYAmt
EOY	$43,104,053	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$112,376,021	BOYAmt
EOY	$105,146,521	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,762,772	BOYAmt
EOY	$1,799,586	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$179,483,050	BOYAmt
EOY	$165,919,612	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$250,447	BOYAmt
EOY	$1,563,678	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$250,447	BOYAmt
EOY	$1,563,678	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$25,529,149	BOYAmt
EOY	$22,066,314	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$153,703,454	BOYAmt
EOY	$142,289,620	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$179,232,603	BOYAmt
EOY	$164,355,934	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$179,483,050	BOYAmt
EOY	$165,919,612	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$8,388,631	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$23,265,300	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,574,388	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$23,785,190	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,406,388	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$18,448,443	CurrentTaxYearMinus1YearAmt
Current Tax Year	$9,527,358	CurrentTaxYearAmt
Total	$66,741,767	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$7,574,388	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$23,785,190	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,406,388	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$18,448,443	CurrentTaxYearMinus1YearAmt
Current Tax Year	$9,527,358	CurrentTaxYearAmt
Total	$66,741,767	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$4,560,876	SubstantialContributorsTotAmt
Public Support Total170	$62,180,891	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,072,576	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,714,178	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,643,348	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,169,331	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,272,794	CurrentTaxYearAmt
Total	$6,872,227	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$82,383	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$86,626	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$86,798	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$93,635	CurrentTaxYearMinus1YearAmt
Current Tax Year	$21,984	CurrentTaxYearAmt
Total	$371,426	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$73,985,420	TotalSupportAmt
Public Support CY170	0.84040	PublicSupportCY170Pct
Public Support PY170	0.82760	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	NET LIFE INSURANCE ACTIVITY - 2017 AMOUNT: $ 27,946. 2018 AMOUNT: $ 9,375. 2019 AMOUNT: $ 29,702. 2020 AMOUNT: $ 30,689. 2021 AMOUNT: $ 21,984. FUNDRAISING REIMBURSEMENT - 2017 AMOUNT: $ 54,437. 2018 AMOUNT: $ 77,251. 2019 AMOUNT: $ 57,096. 2020 AMOUNT: $ 62,946. 2021 AMOUNT: $ 0.
SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS:	DESCRIPTION: PLEDGE DATE: 10/20/20 AMOUNT: 11500000.

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$152,680,070	BeginningYearBalanceAmt
Contributions	$4,149,324	ContributionsAmt
Investment Earnings Or Losses	-$15,050,978	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,152,705	GrantsOrScholarshipsAmt
End Year Balance	$137,625,711	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$115,609,034	BeginningYearBalanceAmt
Contributions	$2,571,213	ContributionsAmt
Investment Earnings Or Losses	$37,865,241	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,365,418	GrantsOrScholarshipsAmt
End Year Balance	$152,680,070	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$115,186,989	BeginningYearBalanceAmt
Contributions	$1,698,795	ContributionsAmt
Investment Earnings Or Losses	$1,919,746	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,196,496	GrantsOrScholarshipsAmt
End Year Balance	$115,609,034	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$98,091,738	BeginningYearBalanceAmt
Contributions	$14,207,368	ContributionsAmt
Investment Earnings Or Losses	$6,377,263	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,489,380	GrantsOrScholarshipsAmt
End Year Balance	$115,186,989	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$91,612,779	BeginningYearBalanceAmt
Contributions	$2,233,460	ContributionsAmt
Investment Earnings Or Losses	$7,296,788	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$3,051,289	GrantsOrScholarshipsAmt
End Year Balance	$98,091,738	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.16000	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.62000	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.22000	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp

Field	Value	IRS element (for citing)
Desc	ALTERNATIVE INVESTMENTS	Desc
Book Value	$105,146,521	BookValueAmt
Method Valuation	F	MethodValuationCd

Field	Value	IRS element (for citing)
Total Book Value Securities	$105,146,521	TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	AMOUNT DUE TO AFFILIATES	Desc
Amt	$1,563,678	Amt

Field	Value	IRS element (for citing)
Total Liability	$1,563,678	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	-$4,489,657	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$23,265,300	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$552,254	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	-$22,713,046	RevenueNotReportedAmt
Revenue Subtotal	$18,223,389	RevenueSubtotalAmt
Investment Expenses Not Incld	$805,075	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$805,075	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$19,028,464	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$10,387,012	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$552,254	DonatedServicesUseFcltsAmt
Expenses Not Reported	$552,254	ExpensesNotReportedAmt
Expenses Subtotal	$9,834,758	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$805,075	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$805,075	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$10,639,833	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

PART V, LINE 4:

THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 200 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICITONS.

PART X, LINE 2:

THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. CERTAIN INVESTMENT EARNINGS MAY BE SUBJECT TO UNRELATED BUSINESS INCOME TAX BUT THE EARNINGS HAVE BEEN IMMATERIAL. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX OBLIGATIONS AS OF JUNE 30, 2022 AND 2021.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (1)	GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	EASTERN VIRGINIA MEDICAL SCHOOL	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 1980	AddressLine1Txt
City	NORFOLK	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	23501	ZIPCd

Field	Value	IRS element (for citing)
Recipient EIN	546055378	RecipientEIN
IRC Section	501(C)(3)	IRCSectionDesc
Cash Grant	$9,546,160	CashGrantAmt
Non Cash Assistance	$0	NonCashAssistanceAmt
Purpose Of Grant	SUPPORT EVMS PROFESSORSHIPS, CHAIRS, AND OPERATIONS, SCHOLARSHIPS	PurposeOfGrantTxt

Field	Value	IRS element (for citing)
Total501c3 Org	1	Total501c3OrgCnt
Total Other Org	0	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	AWARDS	GrantTypeTxt
Recipient	12	RecipientCnt
Cash Grant	$10,965	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 2:	FormAndLineReferenceDesc
Explanation	PROGRAM EXPENDITURES ARE MONITORED BY THE ACCOUNTING OFFICE FOR FINANCIAL AVAILABILITY AND THE DEVELOPMENT OFFICE TO MATCH THE EXPENDITURE AGAINST THE DONOR RESTRICTIONS.	ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	35	ContributionCnt
Noncash Contributions Rpt F990	$388,690	NoncashContributionsRptF990Amt
Method Of Determining Revenues	QUOTED STOCK PRICES	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	0	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, COLUMN (B):	FormAndLineReferenceDesc
Explanation	FOR LINE 9(B), THE NUMBER OF STOCK DONATIONS RECEIVED (NOT SHARES) IS REPORTED.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE FORM 990 IS PREPARED BY MANAGEMENT WITH THE ASSISTANCE OF THE EXTERNAL AUDIT FIRM. THE FORM 990 IS APPROVED BY THE FINANCE AND INVESTMENT COMMITTEE AND IS AVAILABLE FOR REVIEW BY ALL BOARD OF TRUSTEES MEMBERS PRIOR TO SUBMISSION.
FORM 990, PART VI, SECTION B, LINE 12C	EACH TRUSTEE OF THE BOARD IS REQUIRED TO DISCLOSE CONFLICT OF INTEREST ANNUALLY. INDEPENDENT COMMITTEES EVAULATE CONFLICT OF INTERESTS AND TRUSTEES WITH CONFLICTS OF INTEREST ARE NOT PERMITTED TO VOTE ON PROPOSALS RELATED TO CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15	IT IS THE POLICY OF THE EASTERN VIRGINIA MEDICAL SCHOOL FOUNDATION TO PAY WAGES AND SALARIES WHICH APPROPRIATELY RECOGNIZE JOB RESPONSIBILITIES AND INDIVIDUAL PERFORMANCE AND ARE COMPETITIVE IN THE JOB MARKET IN ORDER TO ATTRACT, RETAIN, REWARD, AND MOTIVATE EMPLOYEES. THE WAGES AND SALARIES ARE PAID BY EASTERN VIRGINIA MEDICAL SCHOOL AND REIMBURSED BY THE FOUNDATION.
FORM 990, PART VI, SECTION C, LINE 19	UPON REQUEST
FORM 990, PART XII, LINE 2C	NO CHANGES TO OVERSIGHT COMMITTEE FROM PRIOR YEAR.