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Community Foundation Serving Western Virginia

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

EIN: 541959458 ✦ Roanoke, VA ✦ Designated as a 501(c)(3)

Overview

What is Community Foundation Serving Western Virginia?

The Community Foundation Serving Western Virginia is a nonprofit organization located in Roanoke, Virginia. Their mission is to inspire, resource, and lead philanthropy within the communities they serve. They help donors realize their charitable intentions by managing endowment funds and making grants to address current and future community needs and opportunities. The foundation ensures responsible stewardship of the funds they manage and offers comprehensive services to encourage effective philanthropy. With a team of ten employees, they are committed to shaping a healthy, caring community by promoting collaborative efforts.


Official website here: www.cfwesternva.org

Is Community Foundation Serving Western Virginia legitimate?

Community Foundation Serving Western Virginia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Foundation Serving Western Virginia 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: $310,443
Professional Fundraising Fees: $0
Other Salaries and Wages: $345,784

For more financial information, click here


Official website here: www.cfwesternva.org

What is the mission statement of Community Foundation Serving Western Virginia?

The Community Foundation Serving Western Virginia plays a vital role in charitable giving by providing leadership, resources, and inspiration for philanthropy in the communities it serves. To accomplish its mission, the organization facilitates donors in carrying out their charitable intentions through endowment funds. It also ensures responsible stewardship of entrusted funds and makes grants for current and future community needs and opportunities. Furthermore, it offers comprehensive services to encourage and advance effective philanthropy, and participates in collaborative efforts to foster a healthy, caring community.


Official website here: www.cfwesternva.org

Who is the CEO of Community Foundation Serving Western Virginia?

Alan E Ronk is the Board Member - Vice Chair of Community Foundation Serving Western Virginia.


Official website here: www.cfwesternva.org

What is the revenue of Community Foundation Serving Western Virginia?

Community Foundation Serving Western Virginia's revenue in 2022 was $12,225,680.


Official website here: www.cfwesternva.org

Who are the executives of Community Foundation Serving Western Virginia and what are their salaries?

The average compensation at Community Foundation Serving Western Virginia during 2022 was $65,623. There are 10 employees and 22 volunteers at Community Foundation Serving Western Virginia.

Here are 22 key members and their salaries:

    Alan E Ronk (Board Secretary, President)
  • Compensation: $173,250
  • Related: $0
  • Other: $16,535

    • Carly C Oliver (Chief Operating Officer)
  • Compensation: $111,825
  • Related: $0
  • Other: $8,834

    • Richard Bailey Dvm (Board Member - Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lauren Ellerman (Board Member - Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherry W Davidson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Mimi Rainero Coles (Board Member-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Milan Cronk (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • George A Levicki (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Roman Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

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

    • Randall R Rhea Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margie B Eason (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James B Frith Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Stephen W Lemon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cfwesternva.org

    Where can I find the form 990 for Community Foundation Serving Western Virginia?

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


    Official website here: www.cfwesternva.org

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

    Mission Statement of Community Foundation Serving Western Virginia

    Community Foundation Serving Western Virginia, a philanthropic organization, leads the way in inspiring, resourcing, and providing leadership for charitable giving in the communities it serves. By enabling donors to actualize their charitable intentions through endowment funds, the foundation offers a means to make a lasting impact. In addition, it takes on the responsible stewardship of entrusted funds, ensuring their wise use for the betterment of the community.

    The Community Foundation Serving Western Virginia goes beyond financial support by making creative grants to address both current and future community needs and opportunities. It offers comprehensive services to encourage and advance effective philanthropy, fostering a vibrant culture of giving. The foundation also actively engages in collaborative efforts to shape a healthy, caring community, transcending individual initiatives for a collective impact.

    Impact

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




    Thursday, August 15, 2024

    Community Foundation Serving Western Virginia provides leadership, resources, and inspiration for philanthropy in the communities it serves. Through the organization's grant-making and charitable contributions, it addresses current and future community needs and opportunities. By enabling donors to carry out their charitable intent through endowment funds and providing responsible stewardship for entrusted funds, the foundation promotes effective philanthropy. Additionally, it offers comprehensive services to encourage and advance philanthropic efforts and collaborates with others to shape a healthy and caring community.





    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: $7,957,758
  • Program Service Revenue: $1,255,695
  • Gross Receipts: $12,225,680

    • Assets and Liabilities:
  • Total Assets: $100,299,802
  • Total Liabilities: $3,907,859
  • Net Assets: $96,391,943
  • Programs

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

    ADMINITRATIVE FEE INCOME

    Revenue

    $1,255,695

    Organization Details

    Founding Year

    1988

    Principal Officer

    Alan E Ronk

    Main Address

    PO BOX 1159, ROANOKE, VA, 24006

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Community Foundation Serving Western Virginia 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.