Program areas at CFNOVA
Donor advised funds: The Community Foundation offers donor advised funds (dafs) to donors in The region. A daf is a type of charitable giving fund that is established by a donor to support a cause or causes that The donor cares about. Dafs allow donors to remain involved in active charitable giving by retaining "advisory privileges: to recommend how The Community Foundation should make grants from that fund. for The year ending june 30, 2024, The Community Foundation held 158/ separate donor advised funds that awarded $7,783,362 in total grants.
Discretionary grant funds: in addition to donor advised funds and scholarship funds, The Community Foundation continuously develops and builds discretionary funds. The Community Foundation for Northern Virginia's discretionary funds strategically address critical needs while fostering innovation and Community resilience. Broad areas of support include safety net support, mental health, education, workforce development, The arts, and environmental sustainability. These grants empower The region by promoting equity and long-term, positive change.
Scholarship funds: The Community Foundation manages and administers 35 scholarship funds established by individual donors that help graduating high school seniors with financial challenges attend 2- and 4-year colleges and universities. for The year ending june 30, 2024, The Community Foundation awarded $628,708 in total scholarships to 127 students.
The Community Foundation hosts two giving circles: The loudoun impact fund, a giving circle for loudoun county donors supporting loudoun based causes, and The business women's giving circle, a giving circle for local women who support organization preparing girls and women for career and financial success.