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Commonwealth Foundation Iv is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 1997. The principal officer is Theodore L Chandler Jr. It holds total assets of $35.9M. Annual income is reported at $229K. Total assets have grown from $19.5M in 2014 to $35.9M in 2024. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. According to available records, Commonwealth Foundation Iv 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.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Commonwealth Foundation Iv 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 Iv 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 Iv typically selects its grantees rather than accepting unsolicited proposals.
Commonwealth Foundation Iv is headquartered in RICHMOND, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alice T Goodwin | DIRECTOR, SECRETARY | $0 | $0 | N/A |
| Matthew T Goodwin | DIRECTOR | $0 | $0 | N/A |
| James A Jones | ASSISTANT TREASURER | $0 | $0 | N/A |
| William H Goodwin Jr | DIRECTOR, PRESIDENT/TREASU | $0 | $0 | N/A |
| Sarah G August | DIRECTOR | $0 | $0 | N/A |
| Peter O Goodwin | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$35.9M
Fair Market Value
N/A
Net Worth
$35.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |