The Community Foundation of the New River Valley Inc
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.
Focus Areas
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
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
91 grants across all recorded years
Open Grants
3 open opportunities from The Community Foundation of the New River Valley Inc
CFNRV: Responsive Grant Program
The Community Foundation of the New River Valley Inc
Amount
Up to US $4,000
Deadline
Rolling / Open
Education Grant Program
The Community Foundation of the New River Valley Inc
Amount
Varies
Deadline
Rolling / Open
Responsive Grants
The Community Foundation of the New River Valley Inc
Amount
Up to $4,000
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bridges to Prosperity ($75,000), Engineers in Action Univ Bridge Program ($59,928), New River Community Action ($11,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Ascension Parish Library Gonzales, LA | To support the mission of the organization | $5,000 |
| Bridges to Prosperity Greenwood Village, CO | To support the mission of the organization | $75,000 |
| Community Health Ctr of the NRV Christiansburg, VA | To support the mission of the organization | $10,500 |
| Engineers in Action Univ Bridge Program Tulsa, OK | To support the mission of the organization | $59,928 |
| Floyd Center for the Arts Floyd, VA | To support the mission of the organization | $6,916 |
| Floyd Friends of Asylum Seekers Floyd, VA | To support the mission of the organization | $5,200 |
| Giles Co Christian Service Mission Pearisburg, VA | To support the mission of the organization | $5,500 |
| Imagination Library of Mont Co VA Blacksburg, VA | To support the mission of the organization | $6,000 |
| New River Community Action Radford, VA | To support the mission of the organization | $11,000 |
| New River Community College Educ Fdn Dublin, VA | To support the mission of the organization | $9,280 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAT HYER | PRESIDENT | 2 | — |
| KATHY KRENDL | VICE PRESIDENT | 1 | — |
| DAVID RIGGAN | TREASURER | 2 | — |
| F BRAD DENARDO | SECRETARY | 1 | — |
| PAULA ALSTON | BOARD MEMBER | 1 | — |
| NANCY ARTIS | BOARD MEMBER | 1 | — |
| ERIC CHAPMAN | BOARD MEMBER | 1 | — |
| CATHERINE COTRUPI | BOARD MEMBER | 1 | — |
| LAURA DUDLEY | BOARD MEMBER | 1 | — |
| WILLIAM ELLENBOGEN | BOARD MEMBER | 1 | — |
| ROB GRAHAM | BOARD MEMBER | 1 | — |
| ANGELA JOYNER | BOARD MEMBER | 1 | — |
| JAMIE MCREYNOLDS | BOARD MEMBER | 1 | — |
| KAREN ELEY SANDERS | BOARD MEMBER | 1 | — |
| ROGER SLUSHER | BOARD MEMBER | 1 | — |
| JILL WILLIAMS | BOARD MEMBER | 1 | — |
| JESSICA WIRGAU | CEO | 45 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Community Foundation of the New River Valley Inc?
The Community Foundation of the New River Valley Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in CHRISTIANSBURG, VA. It holds $19.8M in total assets as of 2024.
How large is The Community Foundation of the New River Valley Inc?
As of 2024, The Community Foundation of the New River Valley Inc holds $19.8M in total assets with $4.0M in annual revenue. It awarded 14 grants totaling $221K in 2024.
Where does The Community Foundation of the New River Valley Inc operate?
The Community Foundation of the New River Valley Inc has awarded grants in Colorado, Iowa, Kentucky, Louisiana, Oklahoma, Virginia.
What size grants does The Community Foundation of the New River Valley Inc award?
In 2024, The Community Foundation of the New River Valley Inc awarded 14 grants totaling $221K — an average of about $16K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in The Community Foundation of the New River Valley Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
C E Richardson Benevolent Foundation
PULASKI, VA
Assets
$1.5M
Grants
50
Total Given
$317K
Network for Good
WASHINGTON, DC
Assets
$96.2M
Grants
4,733
Total Given
$216.2M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
The Carter and Kay Craigie
MALVERN, PA
Assets
$877K
Grants
13
Total Given
$57K
Celanese Foundation
IRVING, TX
Assets
—
Grants
1,423
Total Given
$1.8M
Jewish Communal Fund
NEW YORK, NY
Assets
$3.0B
Grants
4,673
Total Given
$953.3M
Mightycause Charitable Foundation
MARIANNA, FL
Assets
$6.6M
Grants
3,309
Total Given
$82.3M
Corning Incorporated Foundation
CORNING, NY
Assets
$1.2M
Grants
263
Total Given
$3.5M
Hs & Cg Patterson Jr Char Fd Tr
ORLANDO, FL
Assets
$6.6M
Grants
22
Total Given
$317K
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Altecstyslinger Foundation
BIRMINGHAM, AL
Assets
$142.9M
Grants
197
Total Given
$8.9M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Community Foundation of the New River Valley Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Community Foundation of the New River Valley Inc to a real strategy.