VIRGINIA MUSEUM OF FINE ARTS FOUNDATION
201 N ARTHUR ASHE BOULEVARD, RICHMOND, VA 232204007

Total Revenue
$48,848,372
Total Expenses
$27,721,578
Net Assets
$237,600,339

Organizations Filed Purposes: THE MISSION OF THE VIRGINIA MUSEUM OF FINE ARTS FOUNDATION IS TO SUPPORT THE VIRGINIA MUSEUM OF FINE ARTS THROUGH A COMPREHENSIVE FUND RAISING AND DONOR CULTIVATION PROGRAM AND THE INVESTMENT AND MANAGEMENT OF PRIVATE ASSETS. THIS SUPPORT ENHANCES THE ABILITY OF THE VIRGINIA MUSEUM OF FINE ARTS TO COLLECT, PRESERVE, EXHIBIT, AND INTERPRET ART, AND ENCOURAGE THE STUDY OF THE ARTS, AND THUS ENRICH THE LIVES OF THE CITIZENS OF THE COMMONWEALTH OF VIRGINIA.

THE VIRGINIA MUSEUM OF FINE ARTS FOUNDATION (FOUNDATION) WAS FOUNDED IN 1976 TO SUPPORT THE VIRGINIA MUSEUM OF FINE ARTS (MUSEUM), AN AGENCY OF THE COMMONWEALTH OF VIRGINIA. TO ACCOMPLISH ITS MISSION, THE FOUNDATION ADMINISTERS A COMPREHENSIVE FUND RAISING PROGRAM, INVESTS PRIVATE ASSETS SUCH AS ENDOWMENTS, AND OWNS AND MAINTAINS PIECES OF REAL ESTATE USED BY THE MUSEUM FOR PROGRAM AND ADMINISTRATIVE FUNCTIONS. ALL SUCH ACTIVITIES ARE UNDERTAKEN AT THE REQUEST OF THE MUSEUM'S BOARD OF TRUSTEES.

OVER THE PAST YEAR THE FOUNDATION HAS MANAGED THE PRIVATE INSTITUTIONAL ADVANCEMENT PROGRAM FOR THE VIRGINIA MUSEUM OF FINE ARTS, AN AGENCY OF THE COMMONWEALTH OF VIRGINIA. THE RESULTS OF THOSE FUND RAISING EFFORTS ARE REFLECTED IN THE DATA LISTED ON THIS RETURN. IN ADDITION, ENDOWMENTS HELD IN TRUST BY THE FOUNDATION FOR THE BENEFIT OF THE MUSEUM HAVE BEEN INVESTED, THE MANAGERS EVALUATED, THE INVESTMENT POLICY REVIEWED, AND FUNDS DISTRIBUTED IN ACCORDANCE WITH DONOR INTENT.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Tom GutenbergerDEPUTY DIRECTOR OF ADVANCEMENT40$421,053
Caprice BraggVP OF BOARD RELATIONS & STRATEGIC PLANNING40$353,399
Alexander L NyergesCHIEF OPERATING OFFICER22$339,874
Hossein SadidCHIEF FINANCIAL OFFICER22$184,880
Jayne ShawDIRECTOR OF DEVELOPMENT40$154,644
Hazel DuncanDIRECTOR OF ACCOUNTING40$108,217
Sarah HendricksMANAGER OF INDIVIDUAL GIVING40$105,312
Ting XuDIRECTOR1$0
G Randolph Webb JrDIRECTOR1$0
Edward W ValentineDIRECTOR1$0
Deborah ValentineDIRECTOR1$0
John R StaelinDIRECTOR1$0
Jennifer L SiskDIRECTOR1$0
Jennifer L SchooleyDIRECTOR1$0
J Sargeant Reynolds JrDIRECTOR1$0
Richard L RamseyDIRECTOR1$0
Richard B OlsonDIRECTOR1$0
Dr Paul S MonroeDIRECTOR1$0
Charlotte B McgeeDIRECTOR1$0
Wycliffe G McclureDIRECTOR1$0
Denise F KeaneDIRECTOR1$0
Charles M Johnson IiiDIRECTOR1$0
Eucharia N JacksonDIRECTOR1$0
Barbara Noble HowardDIRECTOR1$0
Charles HodgesDIRECTOR1$0
Elizabeth T HarrisDIRECTOR1$0
Carolyn GarnerDIRECTOR1$0
Mary C FredianiDIRECTOR1$0
Page E CoreyDIRECTOR1$0
Wayne A ChasenDIRECTOR1$0
Michael C BiscegliaDIRECTOR1$0
Anne BattleDIRECTOR1$0
Kelly B ArmstrongDIRECTOR1$0
Stanley J Olander JrSECRETARY2$0
Vance H SpilmanTREASURER2$0
Lilo Simmons UkropCO-PRESIDENT2$0
James W KlausCO-PRESIDENT2$0

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