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Filing year 2023

COMMONWEALTH FOUNDATION I

Richmond, Virginia·EIN 62-1668516·NTEE T20I · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$898k
Total assets
$37.3M
Total expenses
$2.5M
Reported officers
6

Reported officers (all unpaid)

No paid executives reported in 2023. COMMONWEALTH FOUNDATION I reported 6 unpaid officers and board members on its 990-PF.

Director, President/treasu
Assistant Treasurer
Director
Director
Director
Director, Secretary

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$2.5M

Itemized grants

1

Median grant

$2.5M

RecipientLocationPurposeAmount
COMMONWEALTH FOUNDATIONSRICHMOND, VATO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION$2.5M
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

COMMONWEALTH FOUNDATION I reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Virginia earns a median of $35,000.

25th percentile
$9k
Median
$35,000
75th percentile
$95k
90th percentile
$223k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 475 organizations across 475 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Virginia →
FAQ

Common questions about COMMONWEALTH FOUNDATION I

What are COMMONWEALTH FOUNDATION I's revenue and expenses?

In 2023, COMMONWEALTH FOUNDATION I reported $898k in total revenue and $2.5M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

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