//
Commonwealth Foundations is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 2016. It holds total assets of $219K. Annual income is reported at $6.5M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Commonwealth Foundations has made 258 grants totaling $37.8M, with a median grant of $5K. Annual giving has decreased from $15.4M in 2020 to $10.7M in 2022. Individual grants have ranged from $500 to $3.6M, with an average award of $147K. The foundation has supported 114 unique organizations. The foundation primarily supports organizations in Virginia, North Carolina, Florida, which account for 89% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Commonwealth Foundations primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 258 grants. Its grantmaking reaches organizations primarily in VA, NC, FL.
Commonwealth Foundations has distributed a total of $37.8M across 258 grants. The median grant size is $5K, with an average of $147K. Individual grants have ranged from $500 to $3.6M.
Commonwealth Foundations typically selects its grantees rather than accepting unsolicited proposals.
Commonwealth Foundations is headquartered in RICHMOND, VA. While based in VA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alice T Goodwin | DIRECTOR | $0 | $0 | $0 |
| William H Goodwin Jr | DIRECTOR, PRESIDENT/TREASURER | $0 | $0 | $0 |
| James A Jones | ASSISTANT TREASURER | $0 | $0 | $0 |
Total Giving
$8.1M
Total Assets
$2M
Fair Market Value
$2M
Net Worth
$2M
Grants Paid
$8.1M
Contributions
$10.1M
Net Investment Income
$0
Distribution Amount
$12K
Total Grants
258
Total Giving
$37.8M
Average Grant
$147K
Median Grant
$5K
Unique Recipients
114
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| CaritasGENERAL SUPPORT | Richmond, VA | $400K | 2022 |
| United WayGENERAL SUPPORT | Richmond, VA | $25K | 2022 |
| University Of VirginiaGENERAL SUPPORT | Charlottesville, VA | $10K | 2022 |
| AskGENERAL SUPPORT | Richmond, VA | $3K | 2022 |
Other foundations that have funded Commonwealth Foundations.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Commonwealth Foundation Iii | $2.5M | 2022 | TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION |
| Commonwealth Foundation V | $2.5M | 2022 | TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION |
| Commonwealth Foundation Iv | $2.5M | 2022 | TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION |
| Commonwealth Foundation I | $2.5M | 2022 | TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| American Diabetes AssociationGENERAL SUPPORT |
| Chesapeake, VA |
| $3K |
| 2022 |
| The Faison CenterGENERAL SUPPORT | Richmond, VA | $2M | 2022 |
| Lewis Ginter Botanical GardenGENERAL SUPPORT | Henrico, VA | $1.5M | 2022 |
| Virginia Tech FoundationGENERAL SUPPORT | Blacksburg, VA | $1.3M | 2022 |
| Mary Baldwin UniversityGENERAL SUPPORT | Staunton, VA | $1.3M | 2022 |
| Darden School FoundationGENERAL SUPPORT | Charlottesville, VA | $615K | 2022 |
| Kenan-Flagler Business School FoundationGENERAL SUPPORT | Chapel Hill, NC | $602K | 2022 |
| Anna Julia Cooper Episcopal SchoolGENERAL SUPPORT | Richmond, VA | $575K | 2022 |
| Up RvaGENERAL SUPPORT | Richmond, VA | $472K | 2022 |
| Washington & Lee UniversityGENERAL SUPPORT | Lexington, VA | $392K | 2022 |
| Sheltering Arms FoundationGENERAL SUPPORT | Glen Allen, VA | $360K | 2022 |
| American Red CrossGENERAL SUPPORT | Richmond, VA | $218K | 2022 |
| St Anne'S - Belfield SchoolGENERAL SUPPORT | Charlottesville, VA | $160K | 2022 |
| St Stephen'S Episcopal ChurchGENERAL SUPPORT | Richmond, VA | $146K | 2022 |
| Virginia Athletics FoundationGENERAL SUPPORT | Charlottesville, VA | $80K | 2022 |
| Focused Ultrasound FoundationGENERAL SUPPORT | Charlottesville, VA | $75K | 2022 |
| Mcv FoundationGENERAL SUPPORT | Richmond, VA | $60K | 2022 |
| The Virginia HomeGENERAL SUPPORT | Richmond, VA | $54K | 2022 |
| Uva Center For PoliticsGENERAL SUPPORT | Charlottesville, VA | $53K | 2022 |
| Jefferson Scholars FoundationGENERAL SUPPORT | Charlottesville, VA | $50K | 2022 |
| Operation Healing Forces IncGENERAL SUPPORT | Clearwater, FL | $50K | 2022 |
| Christ Episcopal ChurchGENERAL SUPPORT | Charlottesville, VA | $40K | 2022 |
| High Street United Methodist ChurchGENERAL SUPPORT | Franklin, VA | $28K | 2022 |
| Collegiate SchoolGENERAL SUPPORT | Richmond, VA | $20K | 2022 |
| Metro Richmond Sports BackersGENERAL SUPPORT | Richmond, VA | $20K | 2022 |
| Musc FoundationGENERAL SUPPORT | Charleston, SC | $10K | 2022 |
| Jsr Comm College Ed FoundationGENERAL SUPPORT | Richmond, VA | $10K | 2022 |
| The Nature Conservancy Of VirginiaGENERAL SUPPORT | Charlottesville, VA | $10K | 2022 |
| An Achievable Dream IncGENERAL SUPPORT | Newport News, VA | $10K | 2022 |
| Dana-Farber Cancer InstituteGENERAL SUPPORT | Boston, MA | $10K | 2022 |
| Healthnet FoundationGENERAL SUPPORT | Chagrin Falls, OH | $10K | 2022 |
| First Tee Of Greater RichmondGENERAL SUPPORT | Richmond, VA | $10K | 2022 |
| Grand Teton National Park FoundationGENERAL SUPPORT | Jackson, WY | $10K | 2022 |
| Junior Achievement Of Cenral VirginiaGENERAL SUPPORT | Richmond, VA | $8K | 2022 |
| Riverside SchoolGENERAL SUPPORT | North Chesterfield, VA | $5K | 2022 |
| Westminister Canterbury FoundationGENERAL SUPPORT | Richmond, VA | $5K | 2022 |
| The Gathering PlaceGENERAL SUPPORT | Brunswick, GA | $5K | 2022 |
| Pga Tour Charities IncGENERAL SUPPORT | Ponte Vedra Beach, FL | $5K | 2022 |
| Friends Of The Muni IncGENERAL SUPPORT | Charleston, SC | $5K | 2022 |
| ConcordanceGENERAL SUPPORT | St Louis, MO | $5K | 2022 |
| Science Museum Of Virginia FoundationGENERAL SUPPORT | Richmond, VA | $3K | 2022 |
| Special Olympics VirginiaGENERAL SUPPORT | Richmond, VA | $3K | 2022 |
| Peabody SchoolGENERAL SUPPORT | Charlottesville, VA | $3K | 2022 |
| Richmond BalletGENERAL SUPPORT | Richmond, VA | $3K | 2022 |
| American Heart AssociationGENERAL SUPPORT | Glen Allen, VA | $3K | 2022 |
| Richmond Performing Arts AllianceGENERAL SUPPORT | Richmond, VA | $3K | 2022 |
| Commonwealth Foundation V |
| $3.1M |
| 2021 |
| TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION |
| Commonwealth Foundation I | $3.1M | 2021 | TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION |
| Commonwealth Foundation Iv | $3.1M | 2021 | TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION |
| Commonwealth Foundation Iii | $3.1M | 2021 | TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION |
© 2026 Granted AI