Commonwealth Transfusion Foundation

GLEN ALLEN, VA EIN: 54-1562993

Financial Overview

From 2024 IRS Form 990-PF

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
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

$0$382K$764K$1M$2M15 grants202014 grants202120 grants202220 grants202340 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BLOOD ASSURANCE$473KVALLEY HEALTH FOUNDATION$290KBLOOD ASSURANCE$150KVA COMMONWEALTH UNIVERSITY$139KRADFORD UNIVERSITY FOUND…$81KRADFORD UNIVERSITY FOUND…$80KOLD DOMINION UNIVERSITY$56KOLD DOMINION UNIVERSITY$51KRADFORD UNIVERSITY CARIL…$50KTIDEWATER COMMUNITY COLL…$20K

Grant Size Distribution

109 grants across all recorded years

79<$50K13$50–100K12$100–250K4$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Commonwealth Transfusion Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ROBERT CARDEN PHDPRESIDENT, C$513K

From 2024 filing

NameTitleHoursCompensation
JOE FIELDENCHAIR1
WILLIAM HAUGH MHAVICE CHAIR1
LIZ CULLER MDSECRETARY1
FREDDY COBBEMERITUS1
RANDY BEARD PHDMEMBER1
ROBERT CARDEN PHDPRESIDENT, C40$512,769
JAMES DANIELTREASURER1
NATALIE CASEMEMBER1
GEORGE FORD PHDMEMBER1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

13states
+5 more states

Cities

BethesdaBethlehemCharlottesvilleChattanoogaCummingFalls ChurchFishersvilleFlowoodGallatinHenricoMechanicsvilleMidlothianNew YorkNorfolkOklahoma CityOoltewahPetersburgQuintonRadfordRichmond

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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