The Community Foundation Inc

Organization Overview

The Community Foundation Inc is located in Richmond, VA. The organization was established in 1970. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Community Foundation Inc employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Community Foundation Inc generated $152.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $60.5m during the year ending 12/2021. While expenses have increased by 5.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Community Foundation Inc has awarded 4,735 individual grants totaling $277,495,261. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE AND INSPIRE PEOPLE TO BUILD PHILANTHROPY FOR OUR REGION AND TO ENGAGE IN OUR COMMUNITY.

Describe the Organization's Program Activity:

HEALTH & WELLNESS: TOGETHER, WE WANT TO ENSURE THAT RESIDENTS HAVE ACCESS TO COMPREHENSIVE AND COORDINATED PREVENTIVE SERVICES AND QUALITY HEALTH CARE. RESIDENTS ARE CONNECTED TO RESOURCES THAT MEET THEIR HEALTH, NUTRITIONAL AND SAFETY NEEDS. STRATEGIC FOCUS AREAS INCLUDE: - ACCESS TO PRIMARY HEALTH CARE - OPERATING SAFETY NET CLINICS; FACILITATING USE OF A MEDICAL HOME; OFFERING MEDICAL-RELATED HOME VISITATION; OFFERING WRAPAROUND SERVICES TO MAINTAIN HEALTH; PROVIDING MENTAL HEALTH SERVICES - BASIC PHYSICAL HEALTH - FACILITATING ACCESS TO FOOD & NUTRITION; PROMOTING REGULAR PHYSICAL ACTIVITY; TEACHING HEALTH EDUCATION- TARGETED INTERVENTIONS - OFFERING TRAUMA-INFORMED CARE; IMPROVING AND SUSTAINING THE QUALITY OF LIFE FOR OLDER ADULTS


EDUCATIONAL SUCCESS: TOGETHER WE WANT TO ENSURE THAT CHILDREN BEGIN SCHOOL READY TO LEARN AND ARE SUPPORTED ACADEMICALLY AND SOCIALLY THROUGHOUT THEIR EDUCATIONAL EXPERIENCE. YOUTH BECOME SKILLED, SELF-SUFFICIENT AND CONTRIBUTING MEMBERS OF THE COMMUNITY. STRATEGIC FOCUS AREAS INCLUDE:- KINDERGARTEN READINESS - ENSURING ACCESS TO QUALITY PRESCHOOL AND CHILDCARE; OFFERING CHILD DEVELOPMENT-RELATED HOME VISITATION; ENGAGING PARENTS AND CAREGIVERS- K-12 ACADEMIC SUCCESS - SUPPORTING STUDENTS BY INCREASING THE QUALITY OR CAPACITY OF IN-SCHOOL RESOURCES; TEACHING POSITIVE BEHAVIOR AND SELF-MANAGEMENT SKILLS; ENGAGING PARENTS AND CAREGIVERS- COLLEGE AND/OR CAREER READINESS - DEVELOPING YOUTH TO ENTER THE WORKFORCE; INCREASING ACCESS AND EXPOSURE TO POST-SECONDARY OPPORTUNITIES


ECONOMIC PROSPERITY, CAPACITY BUILDING AND OTHER: TOGETHER, WE WANT TO ENSURE THAT RESIDENTS ACCESS AND MAINTAIN SAFE AND AFFORDABLE HOUSING IN THRIVING, SUSTAINABLE COMMUNITIES. RESIDENTS HAVE THE FINANCIAL KNOWLEDGE, SKILLS AND RESOURCES TO SUPPORT THEMSELVES AND ARE ABLE TO ACCESS TO CAREER AND ECONOMIC OPPORTUNITIES. STRATEGIC FOCUS AREAS:- NEIGHBORHOOD DEVELOPMENT - BUILDING HOUSEHOLD INCOME, FINANCIAL STABILITY & WEALTH; REVITALIZING NEIGHBORHOODS; ENGAGING RESIDENTS TO SELF-ADVOCATE- ADULT WORKFORCE DEVELOPMENT - TRAINING & EDUCATION THAT LEADS TO WORKFORCE PREPARATION, CERTIFICATIONS, CREDENTIALS & DEGREES; REDUCING EMPLOYMENT BARRIERS; INCREASING ACCESS TO TRANSPORTATION & WRAPAROUND SERVICES TO MAINTAIN EMPLOYMENT- HOMELESSNESS REDUCTION - AVOIDING HOMELESSNESS THROUGH SHELTER DIVERSION; PROVIDING EMERGENCY SHELTER; FACILITATING RAPID RE-HOUSING & EXITS TO PERMANENT HOUSING- SAFE & AFFORDABLE HOUSING - CREATING HOUSING UNITS OR PRESERVING AFFORDABILITY OF EXISTING UNITS; OFFERING WRAPAROUND SERVICES TO MAINTAIN HOUSING; ASSISTING OLDER ADULTS TO AGE IN PLACE


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Spider Management Company Llc
Investment Management
$2,586,289
Super-server Llc Dba Proxios
Technology Support
$115,197
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$3,432,845
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$100,267,726
Noncash contributions included in lines 1a–1f $25,088,346
Total Revenue from Contributions, Gifts, Grants & Similar$103,700,571
Total Program Service Revenue$464,072
Investment income $139,672
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $48,338,766
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $152,790,051

Grants Awarded

Over the last fiscal year, The Community Foundation Inc has awarded $48,235,677 in support to 760 organizations.

Grant RecipientAmount

BETTER HOUSING COALITION

Org PageRecipient Profile

Richmond, VA

PURPOSE: GENERAL PURPOSES

$1,510,510

ANNA JULIA COOPER SCHOOL

Org PageRecipient Profile

Richmond, VA

PURPOSE: GENERAL PURPOSES

$1,416,150

VIRGINIA ATHLETICS FOUNDATION

Org PageRecipient Profile

Charlottesville, VA

PURPOSE: GENERAL PURPOSES

$1,273,999

MEDICAL COLLEGE OF VIRGINIA FOUNDATION

Org PageRecipient Profile

Richmond, VA

PURPOSE: GENERAL PURPOSES

$1,189,952

MAGGIE WALKER COMMUNITY LAND TRUST

Org PageRecipient Profile

Richmond, VA

PURPOSE: GENERAL PURPOSES

$1,077,850

Hagerstown, MD

PURPOSE: GENERAL PURPOSES

$1,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 24 grants that The Community Foundation Inc has recieved totaling $6,786,900.

Awarding OrganizationAmount
Reinhart Foundation

Richmond, VA

PURPOSE: NON-QUALFYING DISTRIBUTION TO THE REINHART PERFORMING ARTS ENDOWMENT

$5,000,000
The Pauley Family Foundation

Richmond, VA

PURPOSE: FOR UNRESTRICTED SUPPORT

$312,491
Annabella R Jenkins Foundation

Richmond, VA

PURPOSE: UNRESTRICTED SUPPORT

$260,808
Charlottesville Area Community Foundation

Charlottesville, VA

PURPOSE: COMMUNITY FOUNDATION GIFT

$200,000
Ann K Kirby Foundation

Richmond, VA

PURPOSE: UNRESTRICTED SUPPORT

$162,934
Reinhart Foundation

Richmond, VA

PURPOSE: CHARITABLE PURPOSES

$143,206
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$395,596,129
Earnings$76,878,198
Admin Expense$4,607,224
Net Contributions$44,443,939
Grants$11,073,036
Ending Balance$501,238,006

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