Richmond Community Foundation
Richmond Community Foundation is a private foundation based in Charlotte, North Carolina. In its 2024 filing, it reported 16 grants totaling $1,735,574, all to recipients in North Carolina.
Richmond Community Foundation at a glance
In short: Richmond Community Foundation gave $1.7M across 16 grants in 2024 (avg $108K), mostly in North Carolina. 44% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,735,574
- +20.4% vs 2023
- Grants made (2024)
- 16
- +6.7% vs 2023
- Average grant
- $108,473
- +12.9% vs 2023
- Median grant
- $52,500
- Total assets
- $36,341,510
- +6.3% vs 2023
- New grantees (estimate)
- 44% first-time grantees (7 of 16, 2024; small sample)
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Richmond Community Foundation
- How to Apply
-
The filing lists an application form, budget, IRS exemption letter, audited financial statements, and program description as application materials. It says deadlines vary and that 80% of beneficiaries must be in Richmond County or in close proximity to Richmond County. The foundation does not restrict giving to preselected organizations.
- Review Cycle
- Varies.
- Deadline
- Varies.
- Contact
Application contact: Richmond Community Foundation
Mailing address: 220 N Tryon Street, Charlotte, NC 28202
Phone: (704) 973-4500
Website: https://cfrichmond.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Richmond Community Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Firsthealth of the Carolinas Inc ($477K). Together the top 10 received $1.7M.
Grant Size Distribution
63 grants across all recorded years
The most common grant size was under $50K: 32 grants of 63 (51%).
Geographic Focus
Where this funder awards grants
All grant dollars reported for 2024 went to recipients in North Carolina. The filing states that 80% of beneficiaries must be in Richmond County or in close proximity to the county.
Grant Distribution by State
Share of 2024 grant dollars across all 16 itemized grants.
States
Cities
Is Richmond Community Foundation open to new grantees?
44%
first-time grantees, 2024
In 2024, 7 of 16 grantees (44%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $58K; repeat grants $148K. How we count
Medians: $6K first-time, $100K repeat.
- 31% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−7%). Method
- In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $965K (2022) to $1.9M (2021). In 2024 it made 16 grants totaling $1.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Firsthealth of the Carolinas Inc Rockingham, NC | General Support | $477,334 |
| Leak Street Alumni Inc Rockingham, NC | General Support | $396,240 |
| City of Hamlet Hamlet, NC | General Support | $210,000 |
| Foundation of Firsthealth Inc Pinehurst, NC | General Support | $200,000 |
| Habitat for Humanity of the NC Sandhills Inc Aberdeen, NC | General Support | $100,000 |
| Mineral Springs Elementary School Ellerbe, NC | General Support | $100,000 |
| Pee Dee Crisis Pregnancy Center Rockingham, NC | General Support | $100,000 |
| Hamlet Historic Depot Inc Hamlet, NC | General Support | $80,000 |
| Hospitality House of Charlotte Charlotte, NC | General Support | $25,000 |
| Samaritan Colony Inc Rockingham, NC | General Support | $22,000 |
Ready to take the next step with Richmond Community Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $36,341,510 | $1,984,477 | $2,683,166 | $1,735,574 | 16 | $1,955,830 | $1,729,347 | $1,758,798 |
| 2023 | $34,189,042 | $968,243 | $1,171,508 | $1,441,560 | 15 | $1,634,767 | $755,626 | $1,628,288 |
| 2022 | $31,514,155 | $406,745 | $1,485,144 | $964,800 | 12 | $1,164,667 | $331,216 | $1,661,648 |
| 2021 | $38,277,506 | $4,248,751 | $2,246,910 | $1,864,129 | 14 | $2,093,115 | $4,032,327 | $1,819,380 |
| 2020 | $36,048,172 | $767,363 | $446,586 | $1,268,667 | 6 | — | $598,341 | $1,564,086 |
Under IRS private-foundation payout rules, Richmond Community Foundation reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Grantmaking
In 2024, the foundation reported 16 grants totaling $1,735,574. Grants ranged from $1,500 to $477,334, with a median of $52,500. It reported 15 grants totaling $1,441,560 in 2023 and 12 grants totaling $964,800 in 2022.
Among its 2024 grants were $477,334 to FirstHealth of the Carolinas Inc., $396,240 to Leak Street Alumni Inc., $210,000 to the City of Hamlet, and $200,000 to Foundation of FirstHealth Inc. Other grants included $100,000 each to Habitat for Humanity of the NC Sandhills Inc., Mineral Springs Elementary School, and Pee Dee Crisis Pregnancy Center, and $80,000 to Hamlet Historic Depot Inc.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Frank Jenkins as chair and Bruce Stanback, David Wood, Jan Stivers, John Jackson, Paul Smart, Sylvia Ballard, and Bill Webb as members.
Richmond Community Foundation is led by Frank Jenkins, Chair on every filing since 2022; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Frank Jenkins
Chair
On filings since 2022
1 hr/week
No compensation reported
Bruce Stanback
Member
On filings since 2020
1 hr/week
No compensation reported
David Wood
Member
On filings since 2020
1 hr/week
No compensation reported
Jan Stivers
Member
On filings since 2020
1 hr/week
No compensation reported
John J. Jackson
Member
Secretary → Member, 2022
On filings since 2020
1 hr/week
No compensation reported
Paul R. Smart
Member
On filings since 2020
1 hr/week
No compensation reported
Sylvia Ballard
Member
Grants Chair → Member, 2022
On filings since 2020
1 hr/week
No compensation reported
Bill Webb
Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (2)
- Former: Franklin Clay Jenkins (2020–2021) — Chair
- Former: Russell E. Bennett Jr. (2020–2021) — Member
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Richmond Community Foundation
How much does Richmond Community Foundation give each year?
Richmond Community Foundation gave $1.7M across 16 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.4M across 15 grants.
What is Richmond Community Foundation's typical grant size?
Richmond Community Foundation's median grant in 2024 was $52,500, and its average grant was $108,473, across 16 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Richmond Community Foundation that year got $58K on average.
Where does Richmond Community Foundation give grants?
Richmond Community Foundation gives mostly in North Carolina: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Rockingham, NC (5 grants), Charlotte, NC (4 grants) and Hamlet, NC (2 grants).
Does Richmond Community Foundation give general operating support?
Yes: 100% of Richmond Community Foundation's 2024 grants with a stated purpose (16 of 16) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are Richmond Community Foundation's largest grantees?
Richmond Community Foundation's largest 2024 grantees include Firsthealth of the Carolinas Inc ($477,334), Leak Street Alumni Inc ($396,240) and City of Hamlet ($210,000), according to its 2024 IRS Form 990-PF. Together they received 62% of its itemized 2024 grant dollars.
How large is Richmond Community Foundation?
Richmond Community Foundation reported $36.3M in total assets on its 2024 IRS Form 990-PF. It paid out $2.0M in qualifying distributions that year, against a required minimum of $1.8M (roughly 5% of its investment assets).
How do I apply for a grant from Richmond Community Foundation?
The filing lists an application form, budget, IRS exemption letter, audited financial statements, and program description as application materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Richmond Community Foundation's EIN?
Richmond Community Foundation's EIN (Employer Identification Number) is 56-2168849. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Richmond Community Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Richmond Community Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Foundation for the Carolinas
Charlotte, NC
Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.
Assets
$3.9B
Grants
1,605
Total Given
$609.1M
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
The Cannon Foundation Inc
Concord, NC
The Cannon Foundation funds capital, equipment, and infrastructure projects in human services, higher education, healthcare, and community, primarily for established organizations with significant operations in North Carolina. Recent grants ranged from $2,500 to $500,000, with a median of $50,000. It accepts inquiries through a staged application process, with quarterly deadlines.
Assets
$351.7M
Grants
218
Total Given
$14.6M
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
North Carolina Community Foundation Inc
Raleigh, NC
The North Carolina Community Foundation supports charitable organizations and community programs in areas such as human services, education, youth development, health, food and nutrition, and the arts. Its typical grant was $15,000 in 2025; it serves communities statewide, with an emphasis on rural North Carolina, and accepts applications through specific affiliate, giving-circle, and other grant programs.
Assets
$569.1M
Grants
732
Total Given
$30.6M
American Woodmark Foundation Inc
Winchester, VA
American Woodmark Foundation funds local nonprofits serving communities where American Woodmark has facilities, supporting a range of community needs. In 2026, grants ranged from $500 to $36,000, with a median of $2,000. It does not limit giving to preselected organizations; application materials are available upon request.
Assets
$1.6M
Grants
247
Total Given
$710K
More similar funders
More Funders in North Carolina
Cite this profile
Grantable. (2026). Richmond Community Foundation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/richmond-community-foundation-morg_38c50a0343464d34b10f48b665e21425
BibTeX
@misc{grantable_562168849_2026,
author = {{Grantable}},
title = {{Richmond Community Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/richmond-community-foundation-morg_38c50a0343464d34b10f48b665e21425},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Richmond Community Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Richmond Community Foundation down — hundreds of funders to go?