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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

No grants recorded for .

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

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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