Commonwealth Transfusion Foundation
Commonwealth Transfusion Foundation (CTF) is a private, non-profit foundation based in Glen Allen, Virginia, established in September 1990. The organization operates as a freestanding private foundation dedicated to supporting transfusion medicine and healthcare initiatives. CTF is not affiliated with any blood center and maintains tax-exempt 501(c)(3) status.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.4M
+15.3% YoY
Annual Giving
$1.5M
+106.7% YoY
Grant Count
40
+100.0% YoY
Avg Grant Size
$38K
+3.3% YoY
Under IRS private-foundation payout rules, Commonwealth Transfusion Foundation reported a distributable amount of $1.7M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Commonwealth Transfusion Foundation conducts and supports charitable, educational, and research activities related to advancing and improving the art and science of transfusion medicine. The foundation's strategic priorities include:
- Ensuring a safe and sustainable blood supply for Virginia
- Supporting initiatives that improve healthcare outcomes for Virginia
- Positioning CTF as a respected source for unbiased review of the U.S. transfusion industry
- Championing excellence in transfusion medicine to build a stronger community of hospitals, healthcare providers, and patients
Program Areas
Specialist in Blood Banking (SBB) Program — CTF identified the need for a specialist in blood banking program for Virginia and surrounding states. Working with Blood Assurance and the University of Texas Medical Branch, CTF developed a program that graduated its first class in fiscal year 2024.
Case Study: Vietnam Blood System — Researchers spent two weeks in Vietnam meeting with leaders and documenting how the Vietnam Blood System identified deficiencies, developed a comprehensive plan, and implemented modernization efforts. The resulting case study can be used by blood systems in developing nations seeking to modernize.
Cellular Therapy Training and Certification Program — CTF identified a need for cellular therapy training and certification for the U.S. blood industry and has developed programming to address this gap.
Medical Laboratory Science Education — The foundation has made substantial investments in medical laboratory science education, including more than half a million dollars to Old Dominion University's MLS program and establishing the Dr. Robert E. Carden Professorship in Immunohematology at VCU College of Health Professions.
Grantmaking
Grant Range
** $5,000 to $500,000, with multi-year grants available up to $450,000
Average Grant
** Approximately $36,980
Invitation Only
** Invitation only, following Letter of Inquiry review
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Geographic Focus
Where this funder awards grants
Commonwealth Transfusion Foundation focuses exclusively on the Commonwealth of Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Total Assets: $36,434,318 (2024)
Total Revenues: $1,602,076 (2024)
Total Expenses: $2,919,897 (2024)
Total Liabilities: $192,000 (2024)
Total Giving: $1,528,417 (2024)
Number of Employees: 0 (2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $36,434,318 | $31,595,405 | $29,852,900 |
| Revenue | $1,602,076 | $7,585,411 | $1,519,083 |
| Expenses | $2,919,897 | $2,206,256 | $2,187,976 |
| Qualifying Distributions | $2,544,577 | $1,794,068 | $1,850,059 |
| Net Investment Income | $1,528,340 | $7,482,601 | $1,393,835 |
| Distributable Amount | $1,665,650 | $1,172,767 | $1,771,726 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
109 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Blood Assurance ($473,000), Valley Health Foundation ($289,820), Blood Assurance ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THEMISTOCLIS KARAOLI CHARLOTTESVILLE, VA | AABB SCHOLARSHIP | $1,576 |
| AMBER MALINOWSKI QUINTON, VA | AABB SCHOLARSHIP | $2,648 |
| ADDISALEM WUBIE MIDLOTHIAN, VA | AABB SCHOLARSHIP | $2,548 |
| STEVE STEWART GALLATIN, TN | AABB SCHOLARSHIP | $1,096 |
| ERIN MANN SOUTH CHESTERFIELD, VA | EDUCATIONAL GRANT | $1,159 |
| JENNIFER RICKERSON NORFOLK, VA | AABB SCHOLARSHIP EXPENSES | $1,481 |
| MAIYA PICOTT RICHMOND, VA | AABB SCHOLARSHIP EXPENSES | $2,241 |
| MICAELA GULLERIAN HENRICO, VA | EDUCATIONAL GRANT | $140 |
| VONYA DRINNON OOLTEWAH, TN | AABB SCHOLARSHIP EXPENSES | $2,830 |
| AABB BETHESDA, MD | EDUCATIONAL GRANT | $8,976 |
Leadership & Key People
Leadership team and compensation from IRS filings
Dr. Robert Carden — Principal Officer
Nicole Parham — Director of Grants Management & Administration
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOE FIELDEN | CHAIR | 1 | — |
| WILLIAM HAUGH MHA | VICE CHAIR | 1 | — |
| LIZ CULLER MD | SECRETARY | 1 | — |
| FREDDY COBB | EMERITUS | 1 | — |
| RANDY BEARD PHD | MEMBER | 1 | — |
| ROBERT CARDEN PHD | PRESIDENT, C | 40 | $512,769 |
| JAMES DANIEL | TREASURER | 1 | — |
| NATALIE CASE | MEMBER | 1 | — |
| GEORGE FORD PHD | MEMBER | 1 | — |
Contact Information
Address: 4870 Sadler Road, Suite 300, Glen Allen, VA 23060-6294
Phone: (804) 934-0282
Website: https://www.ctf.life
EIN: 54-1562993
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Commonwealth Transfusion Foundation fund?
The Commonwealth Transfusion Foundation conducts and supports charitable, educational, and research activities related to advancing and improving the art and science of transfusion medicine. The foundation's strategic priorities include: • Ensuring a safe and sustainable blood supply for Virginia • Supporting initiatives that improve healthcare outcomes for Virginia • Positioning CTF as a respected source for unbiased review of the U.S. transfusion industry • Championing excellence in transfusi…
How do I apply for a grant from Commonwealth Transfusion Foundation?
**Grant Range:** $5,000 to $500,000, with multi-year grants available up to $450,000 **Average Grant Size:** Approximately $36,980 **Annual Giving:** $1,528,417 (2024) **Number of Awards:** 40 grants awarded in 2024 (doubled from 20 awards in 2022-2023) **Application Process:** Invitation only, following Letter of Inquiry review **Decision Timeline:** Approximately 2 months **Grant Management:** As of March 23, 2026, the foundation is transitioning its grant application process to Temelio, a gr…
Where does Commonwealth Transfusion Foundation make grants?
Commonwealth Transfusion Foundation focuses exclusively on the Commonwealth of Virginia.
What size grants does Commonwealth Transfusion Foundation award?
In 2024, Commonwealth Transfusion Foundation awarded 40 grants totaling $1.5M — an average of about $38K per grant, based on its IRS Form 990 filings.
How much is Commonwealth Transfusion Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Commonwealth Transfusion Foundation reported a distributable amount of $1.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Commonwealth Transfusion Foundation's EIN?
Commonwealth Transfusion Foundation's EIN (Employer Identification Number) is 54-1562993. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Commonwealth Transfusion Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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