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Filing year 2023

COMMONWEALTH FOUNDATIONS

Richmond, Virginia·EIN 46-5103846·NTEE T21 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$10.1M
Total assets
$2M
Total expenses
$8.1M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. COMMONWEALTH FOUNDATIONS reported 3 unpaid officers and board members on its 990-PF.

Director, President/treasurer
Assistant Treasurer
Director

Grants paid

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

Total granted

$8.1M

Itemized grants

87

Median grant

$8k

RecipientLocationPurposeAmount
LEWIS GINTER BOTANICAL GARDENHENRICO, VAGENERAL SUPPORT$1.5M
VIRGINIA TECH FOUNDATIONBLACKSBURG, VAGENERAL SUPPORT$1.3M
MARY BALDWIN UNIVERSITYSTAUNTON, VAGENERAL SUPPORT$1.1M
DARDEN SCHOOL FOUNDATIONCHARLOTTESVILLE, VAGENERAL SUPPORT$615k
ANNA JULIA COOPER EPISCOPAL SCHOOLRICHMOND, VAGENERAL SUPPORT$575k
KENAN-FLAGLER BUSINESS SCHOOL FOUNDATIONCHAPEL HILL, NCGENERAL SUPPORT$552k
SHELTERING ARMS FOUNDATIONGLEN ALLEN, VAGENERAL SUPPORT$360k
WASHINGTON & LEE UNIVERSITYLEXINGTON, VAGENERAL SUPPORT$279k
UP RVARICHMOND, VAGENERAL SUPPORT$216k
CAV FUTURES FOUNDATIONCHARLOTTESVILLE, VAGENERAL SUPPORT$200k
PARENTING TRANSLATOR FOUNDATIONRICHMOND, VAGENERAL SUPPORT$200k
AMERICAN RED CROSSRICHMOND, VAGENERAL SUPPORT$100k
METRO RICHMOND SPORTS BACKERSRICHMOND, VAGENERAL SUPPORT$80k
VIRGINIA ATHLETICS FOUNDATIONCHARLOTTESVILLE, VAGENERAL SUPPORT$80k
CHRIST CHURCH EPISCOPALGLEN ALLEN, VAGENERAL SUPPORT$77k
FOCUSED ULTRASOUND FOUNDATIONCHARLOTTESVILLE, VAGENERAL SUPPORT$75k
THE VIRGINIA HOMERICHMOND, VAGENERAL SUPPORT$68k
MCV FOUNDATIONRICHMOND, VAGENERAL SUPPORT$60k
JEFFERSON SCHOLARS FOUNDATIONCHARLOTTESVILLE, VAGENERAL SUPPORT$50k
OPERATION HEALING FORCES INCCLEARWATER, FLGENERAL SUPPORT$50k
PEBBLE BEACH COMPANY FOUNDATIONCARMEL, CAGENERAL SUPPORT$50k
SOUTHAMPTON COUNTY HISTORICAL SOCIETYNEWSOMES, VAGENERAL SUPPORT$50k
UVA CENTER FOR POLITICSCHARLOTTESVILLE, VAGENERAL SUPPORT$50k
BOTANICAL GARDEN OF THE PIEDMONTCHARLOTTESVILLE, VAGENERAL SUPPORT$40k
ST MARY'S EPISCOPAL CHURCHRICHMOND, VAGENERAL SUPPORT$40k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Virginia

COMMONWEALTH FOUNDATIONS 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 FOUNDATIONS

What are COMMONWEALTH FOUNDATIONS's revenue and expenses?

In 2023, COMMONWEALTH FOUNDATIONS reported $10.1M in total revenue and $8.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.