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VIRGINIA FOUNDATION FOR RESEARCH AND ECONOMIC EDUCATION INC

EIN 54-1473133 HENRICO, VA

Browse the largest nonprofits in Virginia

Revenue 2025
$219,522
Expenses 2025
$228,893

As filed

Subsection
06
Classification
3000
Street
PO BOX 29268

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2025

Mission

VIRGINIA FOUNDATION FOR RESEARCH AND ECONOMIC EDUCATION IS AN INDEPENDENT ASSOCIATION COMMITTED TO PROTECTING AND STRENGTHENING VIRGINIA'S PROSPEROUS BUSINESS ENVIRONMENT THROUGH THE POLITICAL PROCESS. FOUNDED IN 1988, VIRGINA FREE PROVIDES A WEALTH OF OBJECTIVE, NON-PARTISAN INFORMATION TO BUSINESS. OUR INFORMATION, SERVICES AND PROGRAMS FOSTER A BUSINESS COMMUNITY PREPARED TO TAKE THE LEAD IN ELECTING LEGISLATORS WHO ADVANCE FREE ENTERPRISE AND RESPONSIBLE, PRO-BUSINESS GOVERNMENT.

Activities or mission (Part I)

SEE STATEMENT

  • RESEARCH AND ANALYZE VOTING RECORDS OF VIRGINIA GENERAL ASSEMBLY ON ISSUES OF IMPORTANCE TO ECONOMIC DEVELOPMENT, JOB CREATION, VIRGINIA'S BUSINESS CLIMATE AND CITIZEN'S PROSPERITY. RESEARCH REPORT PUBLISHED AND DISTRIBUTED TO 5,000 INDIVIDUALS, CORPORATIONS, AND TRADE ASSOCIATIONS TO ASSIST IN EVALUATION OF LEGISLATIVE ISSUES AND FUTURE CONCERNS FOR BUSINESS AND INDUSTRY.

  • RESEARCH AND ANALYZE ALL 140 LEGISLATIVE DISTRICTS AND 11 CONGRESSIONAL DISTRICTS IN VIRGINIA INCLUDING DEMOGRAPHIC STATISTICS PROVIDED BY THE U.S. CENSUS BUREAU, ACTUAL ELECTION RETURNS BY DISTRICT OVER A 10-YEAR PERIOD, ECONOMIC AND EMPLOYMENT STATISTICS, AND POPULATION VARIABLES. RESULTING REPORTS PRESENT SCIENTIFIC ANALYSES OF VIRGINIA'S POLITICAL JURISDICTIONS TO PINPOINT OPPORTUNITIES FOR ECONOMIC GROWTH AND DEVELOPMENT AS WELL AS AN ASSESSMENT OF THE RELATIVE POLITICAL STRENGTH OF BUSINESS AND INDUSTRY AND FREE-ENTERPRISE ORIENTED CANDIDATES.

  • CONDUCT MULTIPLE LEADERSHIP FORUMS FOR MORE THAN 1,000 TOP LEADERS IN BUSINESS, INDUSTRY, GOVERNMENT, COMMUNITY AFFAIRS, EDUCATION AND POLITICS THROUGHOUT VIRGINIA. THESE EVENTS OFFER UNIQUE OPPORTUNITIES FOR THE EXCHANGE OF IMPORTANT IDEAS, OBJECTIVES AND POLICY INITIATIVES WITH THE GOAL OF ENHANCING VIRGINIA'S ECONOMIC VITALITY, BUSINESS PROSPERITY AND RESPONSIBLE GOVERNMENT.

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Jay Adams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Christopher B Saxman

    EXECUTIVE DIRECTOR

    Total calculated
    $135,000
    From this org
    $135,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 2 related
  • Benjamin Dessart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bert Dobson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Brian Morgan

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Laura Novey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Todd Haymore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dorcas Helfant-Browning

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Bruce Jennings

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Martin Kent

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Kersey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Lawrence

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Esther Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shep Miller

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tom Minnick

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Craig Parisot

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Bryan Stephens

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gary Thomson

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 1 related
  • Danny Vargas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Blue Jenkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Todd Stottlemyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Larry Roberts

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matthew Steilberg

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Susan Gaston

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Lawrence

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $219,522
    Expenses
    $228,893
    Contributions
    $154,553
    Grants paid
    $1,000
  • 2024
    Revenue
    $258,036
    Expenses
    $249,430
    Contributions
    $226,614
    Grants paid
    $0
  • 2023
    Revenue
    $246,768
    Expenses
    $246,117
    Contributions
    $217,325
    Grants paid
    $0
  • 2022
    Revenue
    $225,826
    Expenses
    $245,801
    Contributions
    $198,700
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $246,721
    Expenses
    $224,323
    Assets (EOY)
    $95,717
  • 2020 · 990-EZ

    Revenue
    $171,888
    Expenses
    $217,966
    Assets (EOY)
    $67,652
  • 2019 · 990

    Revenue
    $211,541
    Expenses
    $270,258
    Assets (EOY)
    $93,960
  • 2018 · 990

    Revenue
    $227,384
    Expenses
    $164,303
    Assets (EOY)
    $144,019
  • 2017 · 990-EZ

    Revenue
    $186,920
    Expenses
    $170,753
    Assets (EOY)
    $82,085
  • 2016 · 990

    Revenue
    $291,146
    Expenses
    $270,055
    Assets (EOY)
    $74,083
  • 2015 · 990

    Revenue
    $265,266
    Expenses
    $315,255
    Assets (EOY)
    $54,221
  • 2014 · 990

    Revenue
    $336,388
    Expenses
    $345,688
    Assets (EOY)
    $104,695
  • 2013 · 990

    Revenue
    $487,755
    Expenses
    $612,432
    Assets (EOY)
    $146,291
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $642,144
    Assets (EOY)
    $257,144

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2025 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.