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Commonwealth Foundation Iii is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 1997. It holds total assets of $35.9M. Annual income is reported at $229K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Commonwealth Foundation Iii has made 2 grants totaling $5.6M, with a median grant of $2.8M. Annual giving has decreased from $3.1M in 2021 to $2.5M in 2022. Individual grants have ranged from $2.5M to $3.1M, with an average award of $2.8M. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Commonwealth Foundation Iii primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in VA.
Commonwealth Foundation Iii has distributed a total of $5.6M across 2 grants. The median grant size is $2.8M, with an average of $2.8M. Individual grants have ranged from $2.5M to $3.1M.
Commonwealth Foundation Iii typically selects its grantees rather than accepting unsolicited proposals.
Commonwealth Foundation Iii is headquartered in RICHMOND, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William H Goodwin Jr | DIRECTOR, PRESIDENT/TREASU | $0 | $0 | $0 |
| Alice T Goodwin | DIRECTOR, SECRETARY | $0 | $0 | $0 |
| Matthew T Goodwin | DIRECTOR | $0 | $0 | $0 |
| Peter O Goodwin | DIRECTOR | $0 | $0 | $0 |
| Sarah G August | DIRECTOR | $0 | $0 | $0 |
Total Giving
$2.5M
Total Assets
$37.3M
Fair Market Value
$31M
Net Worth
$37.3M
Grants Paid
$2.5M
Contributions
$0
Net Investment Income
$895K
Distribution Amount
$1.7M
Total: $0
Total Grants
2
Total Giving
$5.6M
Average Grant
$2.8M
Median Grant
$2.8M
Unique Recipients
1
Most Common Grant
$2.5M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Commonwealth FoundationsTO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION | Richmond, VA | $2.5M | 2022 |
| James A Jones |
| ASSISTANT TREASURER |
| $0 |
| $0 |
| $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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