The Community Foundation Inc
The Community Foundation Inc, also known as the Community Foundation for a Greater Richmond and the Community Foundation Serving Richmond & Central Virginia, is a public charity and community foundation based in Richmond, Virginia. Established in 1968, the organization operates as a 501(c)(3) nonprofit dedicated to inspiring philanthropy and making the Richmond region a better place through bold solutions for economic and educational success.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$852.4M
+6.4% YoY
Annual Giving
$61.8M
+4.6% YoY
Grant Count
917
-3.5% YoY
Avg Grant Size
$67K
+8.3% YoY
Mission & Focus Areas
Mission: The Community Foundation serves and inspire people to build philanthropy for the region and to engage in the local community. The organization works closely with donors and community partners by promoting a regional perspective, developing and sharing community knowledge, collaborating toward common goals, demonstrating inclusiveness and respect, and achieving transparency, accountability and efficiency.
Primary Focus Areas:
- Education (approximately 28-32% of giving)
- Social & Human Services (approximately 22-23% of giving)
- Arts & Culture (approximately 9-11% of giving)
- Health & Wellness — ensuring residents have access to comprehensive and coordinated preventive services and quality health care, including access to primary health care, basic physical health, and targeted interventions such as trauma-informed care
- Economic Prosperity & Community Development — ensuring residents access and maintain safe and affordable housing in thriving, sustainable communities, and gain financial knowledge, skills, and resources to support themselves with access to career and economic opportunities
Grantmaking
The foundation administers multiple grant programs and scholarship opportunities:
Review Cycle
.
How to Apply
** Applicants must complete an online application on the foundation website. There are no set deadlines.
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Geographic Focus
Where this funder awards grants
The foundation serves Richmond and Central Virginia with a national scope. Grants are distributed across the United States, with primary focus on the Richmond region and Central Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $852,363,551
- Total Revenue: $101,658,764 to $102,000,000
- Total Expenses: $85,106,726
- Total Giving: $59,027,459 to $59,062,459
- Number of Employees: 78
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $852,363,551 | $800,875,567 | $758,876,612 |
| Revenue | $101,658,764 | $119,331,194 | $73,819,755 |
| Expenses | $85,106,726 | $84,410,014 | $72,125,488 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $38,367,160 | $49,979,501 | $20,791,649 |
| Distributable Amount | — | — | — |
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
250 grants across all recorded years
Open Grants
51 open opportunities from The Community Foundation Inc
Alice Haynie Dameron Scholarship Grant
THE COMMUNITY FOUNDATION INC
Amount
US $2,000
Deadline
Rolling / Open
Alicia B. Meyer Education Scholarship Grant
THE COMMUNITY FOUNDATION INC
Amount
US $6,000
Deadline
Rolling / Open
Amanda Lynn Seeley Memorial Scholarship Grant
THE COMMUNITY FOUNDATION INC
Amount
US $1,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Sherrie Armstrong — President and CEO
- Molly Dean Bittner — Senior Vice President, Philanthropic Services
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHERRIE ARMSTRONG | PRESIDENT & CEO | 40 | $443,614 |
| CASSANDRA EMERY | CHIEF OPERATING OFFICER | 40 | $289,140 |
| MICHELLE A NELSON | CHIEF FINANCIAL OFFICER | 40 | $252,172 |
| KATHERINE BUSSER | VP, INFORMATION SYSTEMS | 40 | $204,416 |
| MAURA D BITTNER | CHIEF PHILANTHROPY OFFICER | 40 | $185,652 |
| KIMBERLY RUSSELL | SENIOR VP, MARKETING | 40 | $188,181 |
| VANESSA DIAMOND | SENIOR VP, CIVIC ENGAGEMENT | 40 | $187,113 |
| AUDREY TRUSSELL | VP, COMMUNITY IMPACT | 40 | $143,482 |
| LAUREN SHEPHARD | VP, FINANCE AND CONTROLLER | 40 | $139,890 |
| EMMETT S BLACKWELL | SENIOR CONSULTANT / FORMER KEY EMPL | 40 | $127,310 |
| JENNIFER HUNTER | CHAIR | 1 | — |
| VICTOR K BRANCH | VICE CHAIR | 1 | — |
| JOHN E KEMPER | TREASURER | 1 | — |
| CARTER M REID | SECRETARY | 1 | — |
| CHARLES E AGEE III | BOARD MEMBER | 1 | — |
| NEIL AMIN | BOARD MEMBER | 1 | — |
| THOMAS I BARKIN | BOARD MEMBER | 1 | — |
| MOSES FOSTER | BOARD MEMBER | 1 | — |
| MANJU S GANERIWALA | BOARD MEMBER | 1 | — |
| J CONRAD GARCIA | BOARD MEMBER | 1 | — |
| SHERYL L GARLAND | BOARD MEMBER | 1 | — |
| KRISSY M GATHRIGHT | BOARD MEMBER | 1 | — |
| KRISTEN FRANCES HAGER | BOARD MEMBER THROUGH 12/31/2024 | 1 | — |
| TRICIA L HARPER | BOARD MEMBER | 1 | — |
| TERRELL L HARRIGAN | BOARD MEMBER | 1 | — |
| MARK J HOURIGAN | BOARD MEMBER | 1 | — |
| PATRICIA MERRILL | BOARD MEMBER | 1 | — |
| KEITH MIDDLETON | BOARD MEMBER | 1 | — |
| PAULA P PANDO EDD | BOARD MEMBER | 1 | — |
| JAYME SWAIN | BOARD MEMBER | 1 | — |
| JAMELLE WILSON | BOARD MEMBER | 1 | — |
Contact Information
Address: 3409 Moore Street, Suite 110, Richmond, VA 23230
Phone: 804-330-7400
Fax: 804-330-5992
Email: [email protected]
Website: www.cfrichmond.org
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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