EIN 23-7009135

The Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
71
Year formed
1968
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Community Foundation inspires philanthropy and makes Richmond, VA a better place with bold solutions for economic and educational success.
Also known as...
Commuity Foundation Serving Richmond and Central Va
Total revenues
$73,819,755
2022
Total expenses
$72,125,488
2022
Total assets
$758,876,612
2022
Num. employees
71
2022

Program areas at The Community Foundation

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 and nutrition; promoting regular physical activity; teaching health education.- targeted interventions: offering trauma-informed care; improving and sustaining The quality of life for older adults.
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 gain The financial knowledge, skills, and resources to support themselves and are able to access to career and economic opportunities. Strategic focus areas include:- neighborhood development: building household income, financial stability, and wealth; revitalizing neighborhoods; engaging residents to self-advocate.- adult workforce development: training and education that leads to workforce preparation, certifications, credentials, and degrees; reducing employment barriers; increasing access to transportation and wraparound services to maintain employment.- homelessness reduction: avoiding homelessness through shelter diversion; providing emergency shelter; facilitating rapid re-housing and 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.
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.
Community vibrancy: together, we want to ensure that residents are enriched and educated through a diverse offering of arts and cultural activities in their communities and schools. The region's historic, cultural, and natural assets are supported to enrich current and future areas. Strategic focus areas include:- arts & culture: providing access to programs for low to modest-wealth residents and school-aged youth; offering education and events that appeal to diverse and multi-generational audiences.- national resources: providing access to natural resources and sustaining our environment through education, preservation, and restoration.- Community inclusion: fostering Community inclusion and connectivity; facilitating volunteer and civic engagement opportunities.all other: this includes grants given to The region through donor advised funds and field of interest funds outside of The scope of our 4 focus areas. The majority of grants are to animal welfare, religious, and environmental purposes.

Grants made by The Community Foundation

GranteeGrant descriptionAmount
Locus Impact FundEconomic Prosperity$2,175,000
City of HopeHealth and Wellness$1,890,000
Virginia Athletics Foundation (VAF)Educational Success$1,298,599
...and 771 more grants made totalling $52,981,039

Who funds The Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Virginia Early Childhood FoundationChildhood/educational Development$4,727,489
Reb FoundationGrantmaking and Unrestricted Support$2,928,224
Ann K Kirby FoundationGrantmaking and Unrestricted Support$1,548,216
...and 40 more grants received totalling $13,365,972

Personnel at The Community Foundation

NameTitleCompensation
Sherrie ArmstrongPresident and Chief Executive Officer$420,179
Cassandra EmeryChief Operating Officer$177,979
Michelle A NelsonChief Financial Officer / Vice President , Finance$187,063
Emmett S BlackwellChief Community Impact Officer / Chief Community Engagement Officer$213,202
Maura D BittnerChief Philanthropy Officer / Senior Vice President , Philanthropic Services$153,182
...and 11 more key personnel

Financials for The Community Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$52,124,760
Program services$618,504
Investment income and dividends$9,101,790
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$11,689,859
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$284,842
Total revenues$73,819,755

Form 990s for The Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-14990View PDF
2020-122021-11-10990View PDF
2019-122021-04-05990View PDF
2018-122020-01-14990View PDF
...and 11 more Form 990s

Organizations like The Community Foundation

OrganizationLocationRevenue
East Tennessee Foundation (ETF)Knoxville, TN$25,934,976
The Community Foundation of Frederick CountyFrederick, MD$21,717,355
San Antonio Area FoundationSan Antonio, TX$68,911,493
The Boston Foundation (TBF)Boston, MA$161,296,905
The Rhode Island FoundationProvidence, RI$94,559,880
Arizona Community FoundationPhoenix, AZ$122,702,351
Maine Community FoundationEllsworth, ME$52,365,869
Arkansas Community FoundationLittle Rock, AR$82,995,729
Philadelphia Foundation (PF)Philadelphia, PA$80,318,312
New Hampshire Charitable FoundationConcord, NH$65,087,484
Data update history
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $4,727,489 from Virginia Early Childhood Foundation
January 2, 2024
Received grants
Identified 19 new grant, including a grant for $2,928,224 from Reb Foundation
January 1, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 1, 2024
Updated personnel
Identified 3 new personnel
December 25, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
Grantmaking organizationsCommunity foundationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
3409 Moore St
Richmond, VA 23230
Metro area
Richmond, VA
County
Richmond city, VA
Website URL
cfrichmond.org/ 
Phone
(804) 330-7400
Facebook page
tcfrichmond 
Twitter profile
@giverichmond 
IRS details
EIN
23-7009135
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1968
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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