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The Commonwealth Institute for

RICHMOND, VA EIN: 27-1598303 Website

To use policy, research, and analysis to advance the well-being of Virginia communities, and improve the economic security and social opportunities of all Virginians.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.0M

+0.8% YoY

Annual Giving

$306K

+38.6% YoY

Grant Count

17

+13.3% YoY

Avg Grant Size

$18K

+22.3% YoY

About The Commonwealth Institute for

Based on IRS filings

The Commonwealth Institute for is a nonprofit organization focused on Public, Societal Benefit, based in RICHMOND, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 17 grants totaling $306K. Net investment income was $7K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

AlexandriaCharlottesvilleEarlysvilleFredericksburgHarrisonburgLansingLeesburgNorfolkPetersburgRichmondRoanoke

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$812K$2M$2M$3M20202021202220232024
Metric202420232022
Total Assets$3,993,205$3,963,140$3,717,095
Revenue$2,284,570$2,357,980$2,298,835
Expenses$2,161,338$2,163,668$2,118,840
Qualifying Distributions
Net Investment Income$6,540$14,889$20,006
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$77K$153K$230K$306K4 grants20201 grants20214 grants202215 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Community 5050$35KVirginia Community Voice$25KSacred Heart Center$25KPeter Paul RVA$25KBlackHopeVA$20KFailSafeERA$16KCOSPU$15KHebron VA Inc$15KKeeping Us Secure & Pros…$15KI Vote For Me$15K

Grant Size Distribution

41 grants across all recorded years

38<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Community 5050 ($35,000), Virginia Community Voice ($25,000), Sacred Heart Center ($25,000).

RecipientPurposeAmount
BlackHopeVA Richmond, VASupport$20,000
Virginia Community Voice Richmond, VAHealthcare EduGrassroots Organizing$25,000
Sacred Heart Center Richmond, VAHealthcare EduGrassroots Organizing$25,000
Peter Paul RVA Richmond, VAHealthcare EduGrassroots Organizing$25,000
Community 5050 Richmond, VATax Policy Education$35,000
COSPU Harrisonburg, VAStrategic PlanningGrassroots Organizing$15,000
Hebron VA Inc Petersburg, VAStrategic PlanningGrassroots Organizing$15,000
Keeping Us Secure & Prosperous Norfolk, VAStrategic PlanningGrassroots Organizing$15,000
FailSafeERA Fredericksburg, VAStrategic PlanningGrassroots Organizing$15,521
I Vote For Me Richmond, VAStrategic PlanningGrassroots Organizing$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Ashley KennethPresident & CEO$167KLeigh Anne CollierSenior Vice President$125K

From 2024 filing

NameTitleHoursCompensation
Ashley KennethPresident & CEO40$166,840
Leigh Anne CollierSenior Vice President40$125,465
Jenny SullivanMember2
Donna WaddellMember2
Bedelia RichardsMember2
Marvin GilliamMember2
Sharhonda WoodsChair2
Cassandra WillisSecretary2
Judy ContiVice Chair2
Pierre GreenTreasurer2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Commonwealth Institute for?

The Commonwealth Institute for is a nonprofit organization focused on Public, Societal Benefit, based in RICHMOND, VA. It holds $4.0M in total assets as of 2024.

How large is The Commonwealth Institute for?

As of 2024, The Commonwealth Institute for holds $4.0M in total assets with $2.3M in annual revenue. It awarded 17 grants totaling $306K in 2024.

Where does The Commonwealth Institute for operate?

The Commonwealth Institute for has awarded grants in Michigan, Virginia.

What size grants does The Commonwealth Institute for award?

In 2024, The Commonwealth Institute for awarded 17 grants totaling $306K — an average of about $18K per grant, based on its IRS Form 990 filings.

What is The Commonwealth Institute for's EIN?

The Commonwealth Institute for's EIN (Employer Identification Number) is 27-1598303. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The Commonwealth Institute for's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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