//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
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. Total assets have grown from $148K in 2015 to $219K in 2024. The foundation is governed by 3 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. Grantmaking is concentrated in Virginia. 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.
Smallest Grant
$500
Median Grant
$6K
Average Grant
$128K
Largest Grant
$2M
Based on 92 grants from the most recent 990-PF filing.
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 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 | N/A |
| William H Goodwin Jr | DIRECTOR, PRESIDENT/TREASURER | $0 | $0 | N/A |
| James A Jones | ASSISTANT TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$219K
Fair Market Value
N/A
Net Worth
$219K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| United WayGENERAL SUPPORT | Richmond, VA | $25K | 2022 |
| University Of VirginiaGENERAL SUPPORT | Charlottesville, VA | $10K | 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 |
| CaritasGENERAL SUPPORT | Richmond, VA | $400K | 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 |
| Operation Healing Forces IncGENERAL SUPPORT | Clearwater, FL | $50K | 2022 |
| Jefferson Scholars FoundationGENERAL SUPPORT | Charlottesville, VA | $50K | 2022 |
| Christ Episcopal ChurchGENERAL SUPPORT | Charlottesville, VA | $40K | 2022 |
| High Street United Methodist ChurchGENERAL SUPPORT | Franklin, VA | $28K | 2022 |
| Metro Richmond Sports BackersGENERAL SUPPORT | Richmond, VA | $20K | 2022 |
| Collegiate SchoolGENERAL SUPPORT | Richmond, VA | $20K | 2022 |
| First Tee Of Greater RichmondGENERAL SUPPORT | Richmond, VA | $10K | 2022 |
| Musc FoundationGENERAL SUPPORT | Charleston, SC | $10K | 2022 |
| The Nature Conservancy Of VirginiaGENERAL SUPPORT | Charlottesville, VA | $10K | 2022 |
| An Achievable Dream IncGENERAL SUPPORT | Newport News, VA | $10K | 2022 |
| Jsr Comm College Ed FoundationGENERAL SUPPORT | Richmond, VA | $10K | 2022 |
| Healthnet FoundationGENERAL SUPPORT | Chagrin Falls, OH | $10K | 2022 |
| Dana-Farber Cancer InstituteGENERAL SUPPORT | Boston, MA | $10K | 2022 |
| Grand Teton National Park FoundationGENERAL SUPPORT | Jackson, WY | $10K | 2022 |
| Junior Achievement Of Cenral VirginiaGENERAL SUPPORT | Richmond, VA | $8K | 2022 |
| Friends Of The Muni IncGENERAL SUPPORT | Charleston, SC | $5K | 2022 |
| ConcordanceGENERAL SUPPORT | St Louis, MO | $5K | 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 |
| Richmond SymphonyGENERAL SUPPORT | Richmond, VA | $3K | 2022 |
| American Heart AssociationGENERAL SUPPORT | Glen Allen, VA | $3K | 2022 |
| Uva FundGENERAL SUPPORT | Charlottesville, VA | $3K | 2022 |
| Richmond BalletGENERAL SUPPORT | Richmond, VA | $3K | 2022 |
| St Andrew'S SchoolGENERAL SUPPORT | Richmond, VA | $3K | 2022 |
| Richmond Performing Arts AllianceGENERAL SUPPORT | Richmond, VA | $3K | 2022 |
| Peabody SchoolGENERAL SUPPORT | Charlottesville, VA | $3K | 2022 |
| AskGENERAL SUPPORT | Richmond, VA | $3K | 2022 |