Community Foundation For Loudoun And Northern Fauquier Counties
- Assets
- $10.6m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 5
- Location
- Leesburg, VA
- Founding
- 12/1999
- Data as of
- 12/2022
- EIN
- 54-1950727
Organization Overview
Community Foundation For Loudoun And Northern Fauquier Counties, operating under the name Piedmont Community Foundation Loudoun Community Foundation And Hunt Country Community Foundation, is located in Leesburg, VA. The organization was established in 1999. 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 12/2022, Piedmont Community Foundation Loudoun Community Foundation And Hunt Country Community Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Piedmont Community Foundation Loudoun Community Foundation And Hunt Country Community Foundation 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 12/2022, Piedmont Community Foundation Loudoun Community Foundation And Hunt Country Community Foundation generated $3.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $3.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Piedmont Community Foundation Loudoun Community Foundation And Hunt Country Community Foundation has awarded 486 individual grants totaling $11,696,796. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CF SUPPORTS CHARITABLE, LITERARY AND EDUCATIONAL PROGRAMS IN THE NORTHERN REGION OF VA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY FOUNDATION WORKS WITH LOCAL DONORS TO CREATE PERMANENT ENDOWMENT FUNDS TO SUPPORT CHARITABLE NEEDS WITH AN EMPHASIS ON LOUDOUN AND NORTHERN FAUQUIER COUNTIES AND SURROUNDING AREAS.
THE COMMUNITY FOUNDATION WORKS WITH LOCAL DONORS TO CREATE PERMANENT ENDOWMENT FUNDS TO SUPPORT CHARITABLE NEEDS WITH AN EMPHASIS ON LOUDOUN AND NORTHERN FAUQUIER COUNTIES AND SURROUNDING AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucky Wadehra Immediate Past Chair | OfficerTrustee | 1 | $0 |
Teresa Minchew Secretary | OfficerTrustee | 1 | $0 |
Caroline Nash Director | Trustee | 1 | $0 |
Lara Major Director | Trustee | 1 | $0 |
Paul Siker Chair | OfficerTrustee | 1 | $0 |
Tracey Lacey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,021,050 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,021,050 |
| Total Program Service Revenue | $4,000 |
| Investment income | $231,831 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $230,150 |
| Net Income from Fundraising Events | $211 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,492,308 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,658,733 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $277,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,048 |
| Payroll taxes | $17,563 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,088 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $28,748 |
| Fees for services: Other | $209,129 |
| Advertising and promotion | $47,578 |
| Office expenses | $16,624 |
| Information technology | $29,043 |
| Royalties | $0 |
| Occupancy | $104,281 |
| Travel | $663 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,453 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,232 |
| Insurance | $5,632 |
| All other expenses | $14,110 |
| Total functional expenses | $3,547,389 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,485,962 |
| Pledges and grants receivable | $25,453 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,790 |
| Net Land, buildings, and equipment | $47,593 |
| Investments—publicly traded securities | $8,334,977 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $671,674 |
| Total assets | $10,569,449 |
| Accounts payable and accrued expenses | $19,767 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,137,829 |
| Total liabilities | $1,157,596 |
| Net assets without donor restrictions | $9,086,853 |
| Net assets with donor restrictions | $325,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,569,449 |
Grants Awarded
Over the last fiscal year, Community Foundation For Loudoun And Northern Fauquier Counties has awarded $4,766,020 in support to 165 organizations.
| Grant Recipient | Amount |
|---|---|
A FARM LESS ORDINARY PURPOSE: GENERAL SUPPORT | $37,729 |
ARLINGTON PARTNERSHIP FOR AFFORDABLE HOUSING PURPOSE: GENERAL SUPPORT | $350,000 |
A PLACE TO BE PURPOSE: GENERAL SUPPORT | $77,417 |
ALL AGES READ TOGETHER PURPOSE: GENERAL SUPPORT | $63,008 |
ARMS WIDE OPEN CHILDHOOD CANCER FOUNDATION PURPOSE: GENERAL SUPPORT | $7,500 |
BIRTHRIGHT OF LOUDOUN COUNTY PURPOSE: GENERAL SUPPORT | $15,419 |