The Community Foundation of the New River Valley Inc logo

The Community Foundation of the New River Valley Inc

Public charity · Grantmaker Christiansburg, VA EIN: 54-1740455 Website

The Community Foundation of the New River Valley Inc is a public charity based in Christiansburg, Virginia. Established in 1994, it manages charitable funds and awards grants and scholarships supporting communities in the New River Valley.

The Community Foundation of the New River Valley Inc at a glance

In short: The Community Foundation of the New River Valley Inc gave $221K across 14 grants in 2024 (avg $16K), top state Virginia. 43% of 2024 grantees were new. Source: 2024 IRS Form 990.

Annual giving (2024)
$220,614
+30.0% vs 2023
Grants made (2024)
14
-26.3% vs 2023
Average grant
$15,758
+76.4% vs 2023
Median grant
$6,708
Total assets
$19,824,904
+18.6% vs 2023
New grantees (estimate)
43% first-time grantees (6 of 14, 2024; small sample)
Primary geography
Virginia (37% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Community Foundation of the New River Valley Inc

Review Cycle
The 2026 competitive grant application deadline was July 17, 2026; that cycle is closed. The 2026 scholarship deadline was February 28, 2026.
Deadline
The 2026 competitive grant application deadline was July 17, 2026; that cycle is closed.
Contact

Mailing address: PO Box 6009, Christiansburg, VA 24068
Phone: (540) 381-8999
Website: https://cfnrv.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Community Foundation of the New River Valley Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Bridges to Prosperity: $75KBridges to Prosperity$75KEngineers in Action Univ Bridge Program: $60KEngineers in Action UnivBridge Program$60KNew River Community Action: $11KNew River Community Action$11KCommunity Health Ctr of the NRV: $11KCommunity Health Ctr of theNRV$11KNew River Community College Educ Fdn: $9KNew River Community CollegeEduc Fdn$9KSpringhouse Community School: $8KSpringhouse Community School$8KFloyd Center for the Arts: $7KFloyd Center for the Arts$7KNorthern Va Comm College Educ Fdn: $7KNorthern Va Comm College EducFdn$7KNRV Cares: $6KNRV Cares$6KImagination Library of Mont Co VA: $6KImagination Library of Mont CoVA$6K

The largest 2024 recipient was Bridges to Prosperity ($75K). Together the top 10 received $199K.

Grant Size Distribution

91 grants across all recorded years

89<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 89 grants of 91 (98%).

Geographic Focus

Where this funder awards grants

The foundation’s stated service area is Floyd, Giles, Montgomery, Pulaski, and Wythe counties and the City of Radford, Virginia. Its 2024 grant dollars went to recipients in Virginia (37%), Colorado (34%), Oklahoma (27%), and Louisiana (2%).

Grant Distribution by State

6states

Share of 2024 grant dollars across all 14 itemized grants.

Cities

BlacksburgChristiansburgFloydRadfordPearisburgPilotPulaskiRoanokeDublinTulsaAnnandaleFairlawnSalemBooneGonzalesGreenwood VillageLexingtonNewbern

Is The Community Foundation of the New River Valley Inc open to new grantees?

43%

first-time grantees, 2024

In 2024, 6 of 14 grantees (43%) were first-time recipients. With only 14 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $17K; repeat grants $15K. How we count

Medians: $6K first-time, $9K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving grew 122% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 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

$0$100K$200K$300K27 grants2020 11 grants2021 20 grants2022 19 grants2023 14 grants2024

From 2020 to 2024, annual grant giving ranged from $99K (2021) to $221K (2024). In 2024 it made 14 grants totaling $221K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Bridges to Prosperity Greenwood Village, COTo support the mission of the organization$75,000
Engineers in Action Univ Bridge Program Tulsa, OKTo support the mission of the organization$59,928
New River Community Action Radford, VATo support the mission of the organization$11,000
Community Health Ctr of the NRV Christiansburg, VATo support the mission of the organization$10,500
New River Community College Educ Fdn Dublin, VATo support the mission of the organization$9,280
Springhouse Community School Pilot, VATo support the mission of the organization$7,750
Floyd Center for the Arts Floyd, VATo support the mission of the organization$6,916
Northern Va Comm College Educ Fdn Annandale, VATo support the mission of the organization$6,500
NRV Cares Christiansburg, VATo support the mission of the organization$6,040
Imagination Library of Mont Co VA Blacksburg, VATo support the mission of the organization$6,000
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Financial History

Multi-year comparison from IRS filings

The foundation reported 14 grants in 2024, 19 in 2023, and 20 in 2022.

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$19,824,904$3,966,037$1,717,878$220,61414$1,239,218
2023$16,710,869$2,382,979$1,355,911$169,69119$496,277
2022$14,334,385$1,353,005$1,048,248$153,48620$250,034
2021$16,031,505$3,633,417$953,902$99,40911$1,130,741
2020$12,660,366$1,853,768$1,031,905$217,82927$458,758

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The foundation’s stated mission is to enrich the community by providing professional management services to donors for their charitable causes, awarding grants and scholarships, and nurturing collaborations. Its website describes areas of community life that its funds may benefit, including animal welfare, arts and culture, civic affairs, education, environment, health, poverty, and support, parenting, and care.

The foundation supports nonprofit organizations, schools, churches, and other local charitable efforts, as well as students through scholarships. Among its 2024 recipients, New River Community Action describes its mission as promoting well-being and self-reliance and helping communities address poverty; the Community Health Center of the New River Valley says it provides health care regardless of ability to pay or insurance status; and the New River Community College Education Foundation says it provides scholarship and tuition and book assistance. Other recipients include organizations whose missions address arts education, youth development, and child and family support.

Grantmaking

In filing year 2024, the foundation reported 14 grants totaling $220,614. Grant amounts ranged from $5,000 to $75,000, with a median of $6,708. Its largest awards included $75,000 to Bridges to Prosperity and $59,928 to Engineers in Action. Bridges to Prosperity describes its work as partnering with governments to build rural bridges and improve access to services; Engineers in Action says it provides engineering solutions and facilitates water, sanitation, and footbridge projects in several countries. Other sizable awards included $11,000 to New River Community Action, $10,500 to the Community Health Center of the New River Valley, and $9,280 to the New River Community College Education Foundation.

The foundation’s Responsive Grant Program offers annual general operating support of up to $5,000 for organizations serving ongoing or emerging community needs. The 2026 guidelines describe the grants as unrestricted and identify eligible service areas as Floyd, Giles, Montgomery, Pulaski, and Wythe counties and the City of Radford. The guidelines identify IRS-classified 501(c)(3) organizations as eligible and say applicants need their IRS determination letter. The 2026 application asks applicants to select geographic and interest areas and describe their organization’s mission, goals, and community needs addressed.

The Education Grant Program offers grants of up to $1,500 for public school systems’ programs and projects. A single application may be considered by multiple funding sources.

Scholarships are a separate part of the foundation’s work, supporting educational goals of New River Valley students. The scholarship program is funded through endowed funds; the stated award range is $500 to $8,000.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Pat Hyer as president, Kathy Krendl as vice president, David Riggan as treasurer, and F. Brad DeNardo as secretary. Listed board members are Paula Alston, Nancy Artis, Eric Chapman, Catherine Cotrupi, Laura Dudley, and William Ellenbogen.

The Community Foundation of the New River Valley Inc is led by Jessica Wirgau, CEO on every filing since 2020; none of the 17 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jessica Wirgau

    CEO

    On filings since 2020

    45 hrs/week

    No compensation reported

  • Pat Hyer

    President

    On filings since 2020

    2 hrs/week

    No compensation reported

  • David Riggan

    Treasurer

    Vice President → Treasurer, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Eric Chapman

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • F. Brad Denardo

    Secretary

    Board Member → Secretary, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jamie McReynolds

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Karen Eley Sanders

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kathy Krendl

    Vice President

    Board Member → Vice President, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nancy Artis

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Paula Alston

    Board Member

    Secretary → Board Member, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Roger Slusher

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jill Williams

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Angela Joyner

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • William Ellenbogen

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Catherine Cotrupi

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Rob Graham

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Laura Dudley

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (12)
  • Former: Lauren Dudley (2023) — Board Member
  • Former: Linda Millsaps (2023) — Board Member
  • Former: Sarah Tolbert-Hurysz (2023) — Board Member
  • Former: Andrew Warren (2020–2022) — Board Member
  • Former: Gary Hancock (2020–2022) — Board Member
  • Former: John Muffo (2020–2022) — Board Member
  • Former: Pat Huber (2020–2022) — Board Member
  • Former: Dominick McKee (2021) — Board Member
  • Former: Onassis Burress (2021) — Board Member
  • Former: Chad Reed (2020) — Treasurer
  • Former: Ed Lawhorn (2020) — Board Member
  • Former: Terri Fisher (2020) — Board 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 The Community Foundation of the New River Valley Inc

How much does The Community Foundation of the New River Valley Inc give each year?

The Community Foundation of the New River Valley Inc gave $221K across 14 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $170K across 19 grants.

What is The Community Foundation of the New River Valley Inc's typical grant size?

The Community Foundation of the New River Valley Inc's median grant in 2024 was $6,708, and its average grant was $15,758, across 14 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Community Foundation of the New River Valley Inc that year got $17K on average.

Where does The Community Foundation of the New River Valley Inc give grants?

The Community Foundation of the New River Valley Inc's top state is Virginia, with 37% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Colorado (34%) and Oklahoma (27%). The most frequent recipient cities were Christiansburg, VA (2 grants) and Floyd, VA (2 grants).

Does The Community Foundation of the New River Valley Inc give general operating support?

Not in 2024: none of the 14 grants with a stated purpose on The Community Foundation of the New River Valley Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "To support the mission of the organization" (14 grants).

Who are The Community Foundation of the New River Valley Inc's largest grantees?

The Community Foundation of the New River Valley Inc's largest 2024 grantees include Bridges to Prosperity ($75,000), Engineers in Action Univ Bridge Program ($59,928) and New River Community Action ($11,000), according to its 2024 IRS Form 990. Together they received 66% of its itemized 2024 grant dollars.

How large is The Community Foundation of the New River Valley Inc?

The Community Foundation of the New River Valley Inc reported $19.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.0M.

What does The Community Foundation of the New River Valley Inc fund?

The foundation’s stated mission is to enrich the community by providing professional management services to donors for their charitable causes, awarding grants and scholarships, and nurturing collaborations. See mission & focus areas ↑

How do I apply for a grant from The Community Foundation of the New River Valley Inc?

The Community Foundation of the New River Valley Inc has no public application process in the sources Grantable reviewed. Check cfnrv.org for current guidelines, or contact the foundation directly before submitting a request.

What is The Community Foundation of the New River Valley Inc's EIN?

The Community Foundation of the New River Valley Inc's EIN (Employer Identification Number) is 54-1740455. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS October 29, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 2, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS October 11, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 24, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Community Foundation of the New River Valley Inc funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/the-community-foundation-of-the-new-river-valley-inc-morg_0f3dd9861e2e4c12b1f5039f3a45a6b5

BibTeX
@misc{grantable_541740455_2026,
  author       = {{Grantable}},
  title        = {{The Community Foundation of the New River Valley Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-community-foundation-of-the-new-river-valley-inc-morg_0f3dd9861e2e4c12b1f5039f3a45a6b5},
  note         = {Accessed 2026-10-05. 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 The Community Foundation of the New River Valley Inc'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.

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