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The Community Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237009135 ✦ Richmond, VA ✦ Designated as a 501(c)(3)

Overview

What is The Community Foundation Inc?

The Community Foundation Inc, located at 3409 Moore Street, Richmond, Virginia, is a nonprofit organization dedicated to enhancing community health and wellbeing. Their mission is to facilitate informed and inspired philanthropy, bringing people together to transform their community. The foundation focuses on ensuring residents have access to preventive services and quality healthcare. They operate safety net clinics, promote mental health services, and offer trauma-informed care. Additionally, they address basic physical health needs by facilitating access to food and nutrition and encouraging regular physical activity and health education. The foundation supports older adults by improving and sustaining their quality of life. Their strategic efforts include facilitating access to primary healthcare, offering medical-related home visitation, and providing wraparound services to maintain health. With a team of 71 employees, The Community Foundation Inc is dedicated to making a significant impact on the health and wellbeing of their community.


Official website here: www.cfrichmond.org

Is The Community Foundation Inc legitimate?

The Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,233,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,735,391

For more financial information, click here


Official website here: www.cfrichmond.org

What is the mission statement of The Community Foundation Inc?

The Community Foundation Inc is dedicated to bringing people together with the goal of improving their community through informed and inspired philanthropy. Their mission is geared towards enhancing community wellbeing, with a particular focus on ensuring residents have access to comprehensive and coordinated preventative services and quality healthcare. The organization facilitates access to primary healthcare by operating safety net clinics and promoting the use of a medical home. They offer medical-related home visitation and wraparound services to maintain health, as well as mental health services. In addition, they address basic physical health by facilitating access to food and nutrition and promoting regular physical activity and health education. The Community Foundation also engages in targeted interventions, such as offering trauma-informed care and improving the quality of life for older adults.


Official website here: www.cfrichmond.org

Who is the CEO of The Community Foundation Inc?

Sherrie Armstrong is the Chair of The Community Foundation Inc. The CEO's salary of The Community Foundation Inc is $420,179 and their total compensation is $442,135.


Official website here: www.cfrichmond.org

What is the revenue of The Community Foundation Inc?

The Community Foundation Inc's revenue in 2022 was $73,819,755.


Official website here: www.cfrichmond.org

Who are the executives of The Community Foundation Inc and what are their salaries?

The average compensation at The Community Foundation Inc during 2022 was $69,981. There are 71 employees and 12,620 volunteers at The Community Foundation Inc.

Here are 31 key members and their salaries (The Community Foundation Inc's CEO's salary is $420,179 and their total compensation is $442,135):

    Sherrie Armstrong (President & Ceo)
  • Compensation: $420,179
  • Related: $0
  • Other: $21,956

    • Emmett S Blackwell (Chief Community Impact Officer)
  • Compensation: $213,202
  • Related: $0
  • Other: $17,370

    • Michelle A Nelson (Chief Financial Officer)
  • Compensation: $187,063
  • Related: $0
  • Other: $31,842

    • Cassandra Emery (Chief Operating Officer)
  • Compensation: $177,979
  • Related: $0
  • Other: $8,384

    • Katherine Busser (Vp, Information Systems)
  • Compensation: $146,532
  • Related: $0
  • Other: $20,303

    • Maura D Bittner (Chief Philanthropy Officer)
  • Compensation: $153,182
  • Related: $0
  • Other: $8,010

    • Kimberly Russell (Senior Vp, Marketing)
  • Compensation: $144,170
  • Related: $0
  • Other: $13,937

    • Vanessa Diamond (Senior Vp, Civic Engagement)
  • Compensation: $148,551
  • Related: $0
  • Other: $6,416

    • Lauren G Shephard (Vp, Finance And Controller)
  • Compensation: $112,947
  • Related: $0
  • Other: $5,432

    • Amy Singleton (Vp, Philanthropic Services)
  • Compensation: $102,821
  • Related: $0
  • Other: $12,543

    • Austin Brockenbrough Iv (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Hunter (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael S Beall (Treasurer Through 12/31/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristen F Hager (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela J Royal Md (Imm. Past Chair Through 12/31/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles E Agee Iii (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Amin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas I Barkin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victor K Branch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Conrad Garcia (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheryl L Garland (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristian M Gathright (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip H Goodpasture (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence L Gray (Board Member Through 12/31/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terrell L Harrigan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark J Hourigan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John E Kemper (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Merrill (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paula P Pando Edd (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carter M Reid (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jayme Swain (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cfrichmond.org

    Where can I find the form 990 for The Community Foundation Inc?

    The The Community Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cfrichmond.org

    Learn more at the official website: www.cfrichmond.org

    Mission Statement of The Community Foundation Inc

    The Community Foundation Inc is a philanthropic organization that bridges people together with a shared vision to enhance their community through informed and motivated giving. With a mission centered on informed and inspired philanthropy, the foundation focuses on transforming lives by addressing various aspects of community well-being.

    One of the strategic focus areas for The Community Foundation Inc is to ensure that residents have access to comprehensive and coordinated preventive services and quality healthcare. The organization plays a vital role in promoting access to primary healthcare, often operating safety net clinics. They facilitate the use of a medical home and offer medical-related home visits to maintain overall health. Furthermore, they provide wraparound services to maintain health and offer mental health services to address both emotional and psychological needs.

    By targeting specific areas of need, The Community Foundation Inc also aims to improve the quality of life for older adults and offers trauma-informed care. Another essential aspect of their mission is addressing the basic physical health requirements of the community. They facilitate access to food and nutrition, promote regular physical activity, and teach health education. The organization's efforts extend to providing targeted interventions and improving the overall well-being of individuals within the community.

    Impact

    This information is meant to be a general summary of The Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Community Foundation Inc plays a vital role in Richmond, VA by fostering a community where residents have access to comprehensive healthcare services and resources to meet their health, nutritional, and safety needs. Through their strategic focus areas, such as access to primary health care, promoting physical health, and offering targeted interventions like trauma-informed care, they are working towards improving the overall well-being of individuals in the community. Their commitment to informed and inspired philanthropy is creating a positive impact on health and wellness outcomes in Richmond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $20,791,649
  • Program Service Revenue: $618,504
  • Gross Receipts: $73,819,755

    • Assets and Liabilities:
  • Total Assets: $758,876,612
  • Total Liabilities: $60,988,655
  • Net Assets: $697,887,957
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CIVIC ENGAGEMENT

    Revenue

    $527,932

    CONNECTVA

    Revenue

    $62,150

    PROGRAM-RELATED INTEREST INCOME

    Revenue

    $28,422

    Organization Details

    Founding Year

    1968

    Principal Officer

    Sherrie Armstrong

    Main Address

    3409 MOORE STREET, RICHMOND, VA, 23230

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of The Community Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.