Civic Intelligence

The Virginia Hospital Center Foundation

EIN 20-4129901 • 501(c)3 • Arlington, VA

Profile

Virginia hospital center foundation is the philanthropic arm of virginia hospital center. Virginia hospital center foundation inspires charitable giving to support the tax-exempt purpose of virginia hospital center.

1701 North George Mason DriveArlington, VA 22205

vhchealthfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

98th percentile

1.47x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

12.28x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

3rd percentile

-99%

Higher net margin than 3% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

98th percentile

$1,327,081

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 89.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

95th percentile

62%

Faster asset growth than 95% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

26th percentile

-4.0%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$12,313,482

Up $4,708,746 (+62%) from 2023

Liabilities

Up

$18,118,372

Up $6,681,639 (+58%) from 2023

Net Assets

Down

-$5,804,890

Down $1,972,893 (-51%) from 2023

Revenue

Down

$1,475,826

Down $61,119 (-4.0%) from 2023

Expenses

Up

$2,938,353

Up $300,508 (+11%) from 2023

Net Income

Down

-$1,462,527

Down $361,627 (-33%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$10M$0-$10MAssets 2010: $1,522,870Liabilities 2010: $0Net Assets 2010: $1,522,8702010Assets 2011: $1,665,843Liabilities 2011: $0Net Assets 2011: $1,665,8432011Assets 2012: $3,575,382Liabilities 2012: $0Net Assets 2012: $3,575,3822012Assets 2013: $3,402,443Liabilities 2013: $0Net Assets 2013: $3,402,4432013Assets 2014: $3,942,446Liabilities 2014: $0Net Assets 2014: $3,942,4462014Assets 2015: $4,420,457Liabilities 2015: $41,080Net Assets 2015: $4,379,3772015Assets 2016: $5,299,391Liabilities 2016: $0Net Assets 2016: $5,299,3912016Assets 2017: $7,315,475Liabilities 2017: $0Net Assets 2017: $7,315,4752017Assets 2018: $2,181,575Liabilities 2018: $0Net Assets 2018: $2,181,5752018Assets 2019: $1,124,916Liabilities 2019: $0Net Assets 2019: $1,124,9162019Assets 2020: $1,399,218Liabilities 2020: $0Net Assets 2020: $1,399,2182020Assets 2021: $3,439,586Liabilities 2021: -$186,036Net Assets 2021: $3,625,6222021Assets 2022: $3,444,894Liabilities 2022: -$242,269Net Assets 2022: $3,687,1632022Assets 2023: $7,604,736Liabilities 2023: $11,436,733Net Assets 2023: -$3,831,9972023Assets 2024: $12,313,482Liabilities 2024: $18,118,372Net Assets 2024: -$5,804,8902024

Highlighted filing

2024

Assets$12,313,482
Liabilities$18,118,372
Net Assets-$5,804,890

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MExpenses 2010: $1,774,5112010Expenses 2011: $3,215,3392011Expenses 2012: $2,906,7062012Revenue 2013: $4,252,783Expenses 2013: $2,454,329Net Income 2013: $1,798,4542013Revenue 2014: $2,343,508Expenses 2014: $4,565,773Net Income 2014: -$2,222,2652014Revenue 2015: $2,494,999Expenses 2015: $1,318,471Net Income 2015: $1,176,5282015Revenue 2016: $3,916,391Expenses 2016: $1,520,275Net Income 2016: $2,396,1162016Revenue 2017: $3,698,800Expenses 2017: $1,682,716Net Income 2017: $2,016,0842017Revenue 2018: $1,823,584Expenses 2018: $1,544,578Net Income 2018: $279,0062018Revenue 2019: $1,240,184Expenses 2019: $1,901,694Net Income 2019: -$661,5102019Revenue 2020: $2,991,954Expenses 2020: $2,114,599Net Income 2020: $877,3552020Revenue 2021: $1,312,695Expenses 2021: $2,065,534Net Income 2021: -$752,8392021Revenue 2022: $1,184,072Expenses 2022: $2,441,810Net Income 2022: -$1,257,7382022Revenue 2023: $1,536,945Expenses 2023: $2,637,845Net Income 2023: -$1,100,9002023Revenue 2024: $1,475,826Expenses 2024: $2,938,353Net Income 2024: -$1,462,5272024

Highlighted filing

2024

Revenue$1,475,826
Expenses$2,938,353
Net Income-$1,462,527

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.3$18.1$5.80$1.48$2.94$1.46
2023Detailed filing. Detailed filing data is available for this year.$7.60$11.4$3.83$1.54$2.64$1.10
2022Detailed filing. Detailed filing data is available for this year.$3.44$0.24$3.69$1.18$2.44$1.26
2021Detailed filing. Detailed filing data is available for this year.$3.44$0.19$3.63$1.31$2.07$0.75
2020Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$2.99$2.11$0.88
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.00$1.12$1.24$1.90$0.66
2018Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$1.82$1.54$0.28
2017Detailed filing. Detailed filing data is available for this year.$7.32$0.00$7.32$3.70$1.68$2.02
2016Detailed filing. Detailed filing data is available for this year.$5.30$0.00$5.30$3.92$1.52$2.40
2015Detailed filing. Detailed filing data is available for this year.$4.42$0.04$4.38$2.49$1.32$1.18
2014Detailed filing. Detailed filing data is available for this year.$3.94$0.00$3.94$2.34$4.57$2.22
2013Detailed filing. Detailed filing data is available for this year.$3.40$0.00$3.40$4.25$2.45$1.80
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.58$0.00$3.58$2.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.00$1.67$3.22
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.00$1.52$1.77
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.1
Gross Receipts
$1,475,826
Mission and Program Overview

Mission

To support virginia hospital center in its mission to be the best hospital for all the residents of its community. Virginia hospital center strives to serve the health care needs of its community through the provision of the highest quality clinical care, achievement of the highest levels of patient satisfaction, provision of state of the art facilities and equipment, provision of innovative information technology, investment in the professional growth and development of its employees, and prudent management of the organization's resources.

To connect donors and members of the community with philanthropic opportunities at VHC Health. Our purpose is to support the health system's ability to be the best by advancing patient care, research, and technology to meet the unique healthcare needs of the diverse communities we serve.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$5,325,064$4,637,629▼ $687,435
Land, Buildings, and Equipment, Net$127$0▼ $127
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$7,604,736$12,313,482▲ $4,708,746
Other Assets Total$2,279,545$7,675,853▲ $5,396,308
Liabilities
Other Liabilities$11,190,174$18,068,475▲ $6,878,301
Accounts Payable and Accrued Expenses$246,559$49,897▼ $196,662
Total Liabilities$11,436,733$18,118,372▲ $6,681,639
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,841,798$4,331,432▼ $510,366
Net Assets Without Donor Restrictions$-8,673,795$-10,136,322▼ $1,462,527
Total Net Assets Fund Balance$-3,831,997$-5,804,890▼ $1,972,893
Total Liabilities and Net Assets / Fund Balance$7,604,736$12,313,482▲ $4,708,746

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$38,893$38,893
Buildings$0$7,631$7,631
Other Assets Org$7,675,853--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony BurchardPresident (through Dec 2024)FT$356,341$291,228$647,569
Philippa MooreAVP of Philanthropy (through Nov 2024)FT$169,664$90,078$259,742
Kelvin MartinSr Development Officer Pt & Family EngagemtFT$131,501$38,127$169,628
Andres RubertDevelopment Officer, Corp & Major GiftsFT$123,577$32,896$156,473
Eric StantonAssistant Director of Communications and Development StrategyFT$130,233$6,887$137,120

Board Members and Trustees

NameTitle
Sid SimmonsChair
David TownshendFormer Chair
Christopher LaneBoard Member/VHC President & CEO
Adrian StantonInterim President (Beg Dec 2024) / VHC VP, Real Estate Development
Allison BlakeBoard Member
Brenda HawthorneBoard Member
C Ware PalmerBoard Member
Danine Fresch GrayBoard Member
David Lee MDBoard Member
David Romness MDBoard Member
Denise E HannaBoard Member
John Sverha II MDBoard Member
Justin MillerBoard Member
Michael T FosterBoard Member
Nancy PopovichBoard Member
Richard B AndersonBoard Member
Robert Mordkin MDBoard Member
Russell McWey MDBoard Member
Susan PascocelloBoard Member
Brian Stone MDBoard Member / Chief Medical Officer
John ZabrowskiSecretary/Treasurer/VHC CFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Moore A Series LLCConsulting4200 Parliament Place, Suite 300, Lanham, MD 20706$121,986
Revenue and Support

Revenue Composition

Contributions and Grants
$1,475,826
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,475,826
Change in Net Assets
$-1,462,527

Audited Revenue Reconciliation

Revenue per Audited Statements
$0
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Form 990
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,818,967
Other Expenses$911,541
Professional Fundraising Fees$207,845
Total Fundraising Expense$207,845
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,035,276--$1,035,276
Current Officers, Directors, Trustees, and Key Employees$647,569--$647,569
Fees for Services Other$254,364$0$0$254,364
Fees for Services Professional Fundraising--$207,845$207,845
Advertising$202,902--$202,902
Information Technology$100,219--$100,219
Payroll Taxes$92,325--$92,325
Conferences and Meetings$55,312--$55,312
Occupancy-$48,865-$48,865
Other Employee Benefits$43,797--$43,797
Other Expenses$30,013--$30,013
Office Expenses$15,498--$15,498
Travel$7,969--$7,969
Fees for Services Legal$2,443--$2,443
Depreciation Depletion-$127-$127
Total Functional Expenses$2,681,516$48,992$207,845$2,938,353

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Expenses per Audited Statements$0
Other Expense Adjustments$0
Total Expenses per Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$207,845
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal Income Taxes$18,068,475
Intercompany Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 15A Process for determining compensation of top management officials

Compensation for the organization's president is determined by virginia hospital center arlington health system, a related organization and sole corporate member. A market summary is coordinated by an independent consultant to determine a market rate range of compensation. The compensation is then determined by the ceo of virginia hospital center arlington health system within the range determined by the independent consultant. Compensation increases are provided based on the same criteria applied to virginia hospital center arlington health system employees.

Form 990, Part VI, Line 15B Process for determining compensation of officers and key employees

CERTAIN BOARD MEMBERS AND SEVERAL OTHER OFFICERS OF THE ORGANIZATION ARE OFFICERS OR KEY EMPLOYEES OF VIRGINIA HOSPITAL CENTER ARLINGTON HEALTH SYSTEM, A RELATED ORGANIZATION, AND ARE COMPENSATED BY VIRGINIA HOSPITAL CENTER ARLINGTON HEALTH SYSTEM. For OFFICERS AND KEY EMPLOYEES OF VIRGINIA HOSPITAL CENTER ARLINGTON HEALTH SYSTEM (OTHER THAN THE CEO) A MARKET SUMMARY IS COORDINATED BY AN INDEPENDENT CONSULTANT TO DETERMINE A MARKET RATE RANGE OF COMPENSATION FOR SUCH INDIVIDUALS. THE COMPENSATION IS THEN DETERMINED BY THE CEO OF VIRGINIA HOSPITAL CENTER ARLINGTON HEALTH SYSTEM WITHIN THE RANGE DETERMINED BY THE INDEPENDENT CONSULTANT. COMPENSATION INCREASES ARE PROVIDED BASED ON THE SAME CRITERIA APPLIED TO VIRGINIA HOSPITAL CENTER ARLINGTON HEALTH SYSTEM EMPLOYEES.

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

Christopher Lane and John Zabrowski - Business relationship

Form 990, Part VI, Line 6 Classes of members or stockholders

The sole member of virginia hospital center foundation is virginia hospital center arlington health system, a related tax-exempt organization.

Form 990, Part VI, Line 7A Members or stockholders electing members of governing body

No individual may be elected or serve as a director without advance approval of virginia hospital center arlington health system.

Form 990, Part VI, Line 7B Decisions requiring approval by members or stockholders

Virginia hospital center arlington health system must provide advance approval of the election of directors and amendments to the bylaws of viriginia hospital center foundation.

Form 990, Part VI, Line 11B Review of form 990 by governing body

To ensure compliance with all regulatory requirements, the tax return is prepared by an independent cpa firm. A completed draft is reviewed by management and all outstanding regulatory and presentation issues are resolved. Once changes are made to the draft to reflect comments from management, a final draft is made available to all members of the board of directors for their review. Upon resolution of any remaining questions or requests for information by the board members, a final return is filed with the irs.

Form 990, Part VI, Line 12C Conflict of interest policy

The organization is covered under the conflict of interest policy adopted by virginia hospital center arlington health system. Annually, all officers, directors, trustees and key employees are required to complete a conflict of interest form. Disclosure of relationships and transactions with the corporation and related entities as well as transactions between related individuals are disclosed. In addition to the annual requirement, on an ongoing basis, officers, directors, trustees and key employees are required to immediately disclose any self conflict of interest if they occur. All known conflict of interests are referred to the compliance committee for resolution.

Form 990, Part VI, Line 19 Required documents available to the public

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Virginia Hospital Center Foundation
EIN
20-4129901
Phone
7035585562
Address
1701 North George Mason Drive, Arlington, VA 22205
Doing Business As
VHC Health Foundation

Signing Officer

Name
John Zabrowski
Title
CFO
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Va
Voting Board Members
21
Independent Board Members
17
Employees
10
Volunteers
17

Preparer

Firm
Crowe Llp
Address
401 East Las Olas Blvd Suite 1100, Fort Lauderdale, FL 33301-4230
Preparer
Brittney Kocaj
Phone
9542028600
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9 Other changes in net assets or fund balances

Reclass of net assets - -510366; Total - -510366;

Financial Statement Notes

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The Corporation is exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code as a not-for-profit corporation. Federal tax law requires that the Corporation be operated in a manner consistent with its initial exemption application in order to maintain its exempt status. Management has analyzed the operations of the Corporation and concluded that it remains in compliance with the requirements for exemption. The state in which the Corporation operates also provides general exemption from state income taxation for organizations that are exempt from federal income taxation. However, the Corporation is subject to both federal and state income taxation at corporate tax rates on its unrelated business income. Exemption from other state taxes, such as real and personal property taxes, is separately determined. Current accounting standards define the threshold for recognizing uncertain income tax return positions in the financial statements as "more likely than not" that the position is sustainable, based on technical merits, and also provide guidance on the measurement, classification, and disclosure of tax return positions in the financial statements. Management believes there is no impact on the Corporation's accompanying consolidated financial statements related to uncertain income tax positions.

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IRS990/Form990PartVIISectionAGrp/PersonNm0Adrian Stanton
IRS990/Form990PartVIISectionAGrp/PersonNm1Anthony Burchard
IRS990/Form990PartVIISectionAGrp/PersonNm2Christopher Lane
IRS990/Form990PartVIISectionAGrp/PersonNm3John Zabrowski
IRS990/Form990PartVIISectionAGrp/PersonNm4Sid Simmons
IRS990/Form990PartVIISectionAGrp/PersonNm5Allison Blake
IRS990/Form990PartVIISectionAGrp/PersonNm6Brenda Hawthorne
IRS990/Form990PartVIISectionAGrp/PersonNm7Brian Stone MD
IRS990/Form990PartVIISectionAGrp/PersonNm8C Ware Palmer
IRS990/Form990PartVIISectionAGrp/PersonNm9Danine Fresch Gray
IRS990/Form990PartVIISectionAGrp/PersonNm10David Lee MD
IRS990/Form990PartVIISectionAGrp/PersonNm11David Romness MD
IRS990/Form990PartVIISectionAGrp/PersonNm12David Townshend
IRS990/Form990PartVIISectionAGrp/PersonNm13Denise E Hanna
IRS990/Form990PartVIISectionAGrp/PersonNm14John Sverha II MD
IRS990/Form990PartVIISectionAGrp/PersonNm15Justin Miller
IRS990/Form990PartVIISectionAGrp/PersonNm16Michael T Foster
IRS990/Form990PartVIISectionAGrp/PersonNm17Nancy Popovich
IRS990/Form990PartVIISectionAGrp/PersonNm18Richard B Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm19Robert Mordkin MD
IRS990/Form990PartVIISectionAGrp/PersonNm20Russell McWey MD
IRS990/Form990PartVIISectionAGrp/PersonNm21Susan Pascocello
IRS990/Form990PartVIISectionAGrp/PersonNm22Andres Rubert
IRS990/Form990PartVIISectionAGrp/PersonNm23Eric Stanton
IRS990/Form990PartVIISectionAGrp/PersonNm24Kelvin Martin
IRS990/Form990PartVIISectionAGrp/PersonNm25Philippa Moore
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Interim President (Beg Dec 2024) / VHC VP, Real Estate Development
IRS990/Form990PartVIISectionAGrp/TitleTxt1President (through Dec 2024)
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member/VHC President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary/Treasurer/VHC CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Former Chair
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IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22DEVELOPMENT OFFICER, CORP & MAJOR GIFTS
IRS990/Form990PartVIISectionAGrp/TitleTxt23Assistant Director of Communications and Development Strategy
IRS990/Form990PartVIISectionAGrp/TitleTxt24SR DEVELOPMENT OFFICER PT & FAMILY ENGAGEMT
IRS990/Form990PartVIISectionAGrp/TitleTxt25AVP of Philanthropy (through Nov 2024)
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IRS990/MissionDesc0VIRGINIA HOSPITAL CENTER FOUNDATION IS THE PHILANTHROPIC ARM OF VIRGINIA HOSPITAL CENTER. VIRGINIA HOSPITAL CENTER FOUNDATION INSPIRES CHARITABLE GIVING TO SUPPORT THE TAX-EXEMPT PURPOSE OF VIRGINIA HOSPITAL CENTER.
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