The Community Foundation of the New River Valley Inc logo

The Community Foundation of the New River Valley Inc

CHRISTIANSBURG, VA EIN: 54-1740455 Website

THE MISSION OF THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY IS TO ENRICH OUR COMMUNITY BY PROVIDING PROFESSIONAL MANAGEMENT SERVICES TO DONORS FOR THEIR CHARITABLE CAUSES, AWARDING VISIONARY GRANTS AND SCHOLARSHIPS, AND NURTURING COLLABORATIONS IN OUR COMMUNITY.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.8M

+18.6% YoY

Annual Giving

$221K

+30.0% YoY

Grant Count

14

-26.3% YoY

Avg Grant Size

$16K

+76.4% YoY

About The Community Foundation of the New River Valley Inc

Based on IRS filings

The Community Foundation of the New River Valley Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHRISTIANSBURG, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $19.8M in total assets. In 2024, it awarded 14 grants totaling $221K. Net investment income was $1.2M.

Ready to take the next step with The Community Foundation of the New River Valley Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AnnandaleBlacksburgBooneChristiansburgDublinFairlawnFloydGonzalesGreenwood VillageLexingtonNewbernPearisburgPilotPulaskiRadfordRoanokeSalemTulsa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$19,824,904$16,710,869$14,334,385
Revenue$3,966,037$2,382,979$1,353,005
Expenses$1,717,878$1,355,911$1,048,248
Qualifying Distributions
Net Investment Income$1,239,218$496,277$250,034
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$55K$110K$165K$221K27 grants202011 grants202120 grants202219 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Bridges to Prosperity$75KEngineers in Action Univ…$60KNew River Community Action$11KCommunity Health Ctr of …$11KNew River Community Coll…$9KSpringhouse Community Sc…$8KFloyd Center for the Arts$7KNorthern Va Comm College…$7KNRV CARES$6KImagination Library of M…$6K

Grant Size Distribution

91 grants across all recorded years

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

Open Grants

3 open opportunities from The Community Foundation of the New River Valley Inc

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

From 2024 filing

NameTitleHoursCompensation
PAT HYERPRESIDENT2
KATHY KRENDLVICE PRESIDENT1
DAVID RIGGANTREASURER2
F BRAD DENARDOSECRETARY1
PAULA ALSTONBOARD MEMBER1
NANCY ARTISBOARD MEMBER1
ERIC CHAPMANBOARD MEMBER1
CATHERINE COTRUPIBOARD MEMBER1
LAURA DUDLEYBOARD MEMBER1
WILLIAM ELLENBOGENBOARD MEMBER1
ROB GRAHAMBOARD MEMBER1
ANGELA JOYNERBOARD MEMBER1
JAMIE MCREYNOLDSBOARD MEMBER1
KAREN ELEY SANDERSBOARD MEMBER1
ROGER SLUSHERBOARD MEMBER1
JILL WILLIAMSBOARD MEMBER1
JESSICA WIRGAUCEO45

Subject Areas

Focus areas based on grantmaking activity

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

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