Community foundation · EIN 23-7009135
The Community Foundation Inc
Richmond, VA
The Community Foundation Inc is a community foundation based in Richmond, VA. On its Form 990 (Schedule I) for tax year 2024, it reported $64.4M in grants paid across 1,158 grants, with $852M in total assets. Its largest grants went to National Fish and Wildlife Foundation, Anna Julia Cooper School and Better Housing Coalition.
How to request funding
Community foundations usually run open grant rounds for nonprofits in their area, alongside donor-advised funds that donors direct. Check The Community Foundation Inc's website for current grant opportunities, deadlines and eligibility.
How it makes and monitors grants (Schedule I, Part IV)
Before awarding a competitive grant, the foundation reviews a full proposal from each applicant. the proposal includes detailed information describing: the community need being addressed; project or services; target recipients of services; goals and measurable objectives; how the project will be evaluated; and project budget, including the use of foundation funds. for all competitive grants, the foundation reviews the applicant's agency budget, most recent irs form 990, financial statements and audit reports, and other supporting documentation to assess the agency's viability and capacity to be accountable for foundation funds. the foundation monitors use of competitive grant funds by requiring an annual final report at the end of the grant year from every grantee. several competitive grantees are also required to submit interim six-month reports. with each interim and final grant report, grantees must report on the use of foundation funds, including narrative descriptions of activities and outcomes, as well as financial information that demonstrates how funds were allocated. community impact staff of the community foundation review competitive grant reports to ensure grantees have used funds as requested. the community foundation also awards grants from donor advised funds. a donor may make a recommendation of support to the board of governors at any time. such recommendations are advisory and final judgment rests with the board of governors, whose charge it is to see that a
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
We bring people together to transform our community through informed and inspired philanthropy.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| National Fish and Wildlife Foundation | Washington, DC | General Purposes | $1,795,000 |
| Anna Julia Cooper School | Richmond, VA | Educational Success | $1,722,963 |
| Better Housing Coalition | Richmond, VA | Economic Prosperity | $1,470,029 |
| Maggie Walker Community Land Trust | Richmond, VA | Economic Prosperity | $1,157,250 |
| Projecthomes | Richmond, VA | Health and Wellness | $1,135,000 |
| Virginia Athletics Foundation | Charlottesville, VA | Educational Success | $1,028,474 |
| City of Hope | Duarte, CA | Health and Wellness | $1,000,000 |
| United Way of Greater Richmond & Petersburg | Richmond, VA | Economic Prosperity | $997,294 |
| Communities in Schools of Richmond | Richmond, VA | Health and Wellness | $844,039 |
| Ask Childhood Cancer Foundation | Richmond, VA | Health and Wellness | $835,044 |
| Medical College of Virginia Foundation | Richmond, VA | Health and Wellness | $813,907 |
| Virginia Museum of Fine Arts Foundation | Richmond, VA | Community Vibrancy | $636,900 |
| Local Initiatives Support Corporation | Richmond, VA | Economic Prosperity | $550,000 |
| YMCA of Greater Richmond | Powhatan, VA | Community Vibrancy | $502,945 |
| Naples Community Hospital | Naples, FL | Health and Wellness | $500,000 |
| Boys & Girls Clubs of Metro Richmond | Richmond, VA | Educational Success | $448,805 |
| Powhatan Education Foundation | Powhatan, VA | Educational Success | $448,000 |
| Virginia Commonwealth University Foundation | Richmond, VA | University Or Private School | $436,493 |
| Third Church Inc | Henrico, VA | General Purposes | $423,710 |
| Operation Healing Forces Inc | Tampa, FL | Community Vibrancy | $420,500 |
| Virginia Union University | Richmond, VA | University Or Private School | $419,381 |
| Virginia Tech Foundation | Blacksburg, VA | Educational Success | $394,611 |
| Caritas | Richmond, VA | Health and Wellness | $386,785 |
| Goochlandcares Inc | Goochland, VA | Health and Wellness | $381,995 |
| Feed More Inc | Richmond, VA | Health and Wellness | $376,567 |
The 25 largest of 1,158 grants listed on the return. 241 grants to individuals ($904K) are counted but not named. Names and purposes as reported to the IRS.
Where its grants went
- Virginia$48M · 629 grants
- District of Columbia$2.36M · 27 grants
- Florida$2.29M · 24 grants
- California$1.33M · 15 grants
- New York$875K · 24 grants
- North Carolina$805K · 21 grants
- Maryland$669K · 14 grants
- Ohio$492K · 5 grants
- Kentucky$483K · 14 grants
- Georgia$482K · 10 grants
- Tennessee$425K · 6 grants
- Alabama$391K · 9 grants
Quick answers
Does The Community Foundation Inc accept grant applications?
Community foundations usually run open grant rounds for nonprofits in their area, alongside donor-advised funds that donors direct. Check The Community Foundation Inc's website for current grant opportunities, deadlines and eligibility. Form 990 does not report an application process, so confirm with the organization.
How much does The Community Foundation Inc give each year?
For tax year 2024, it reported $64,387,881 in grants paid (1,158 grants). Giving can change from year to year.
What organizations has The Community Foundation Inc funded?
Its largest grants in tax year 2024 went to National Fish and Wildlife Foundation (DC), $1.8M, Anna Julia Cooper School (VA), $1.72M, Better Housing Coalition (VA), $1.47M, Maggie Walker Community Land Trust (VA), $1.16M and Projecthomes (VA), $1.14M.