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Nonprofiteer
← THE COMMUNITY FOUNDATION INC

Form 990 for tax year 2022

Filed by THE COMMUNITY FOUNDATION INC.

Totals

Total revenue
$73,819,755
Total expenses
$72,125,488
Contributions and grants received
$52,124,760
Grants paid
$57,783,228
Program service revenue
$618,504
Investment income
$20,791,649
Other revenue
$284,842
Total assets, end of year
$758,876,612
Total liabilities, end of year
$60,988,655
Net assets or fund balances, end of year
$697,887,957
Program services expenses (Part IX)
$63,390,191
Management and general expenses
$7,059,475
Fundraising expenses
$1,675,822
Program service expenses (Part III)
$63,390,191

Program services were 87.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • AUSTIN BROCKENBROUGH IV

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER HUNTER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL S BEALL

    TREASURER THROUGH 12/31/2022

    Total calculated
    $0
    Hours/week
    1

  • KRISTEN F HAGER

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • PAMELA J ROYAL MD

    IMM. PAST CHAIR THROUGH 12/31/2022

    Total calculated
    $0
    Hours/week
    1

  • CHARLES E AGEE III

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • NEIL AMIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • THOMAS I BARKIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • VICTOR K BRANCH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • J CONRAD GARCIA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SHERYL L GARLAND

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • KRISTIAN M GATHRIGHT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PHILIP H GOODPASTURE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LAWRENCE L GRAY

    BOARD MEMBER THROUGH 12/31/2022

    Total calculated
    $0
    Hours/week
    1

  • TERRELL L HARRIGAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • MARK J HOURIGAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JOHN E KEMPER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PATRICIA MERRILL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • PAULA P PANDO EDD

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • CARTER M REID

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JAYME SWAIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SHERRIE ARMSTRONG

    PRESIDENT & CEO

    Total calculated
    $442,135
    From this org
    $420,179
    From related orgs
    $0
    Other
    $21,956
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $341,161
    Bonus
    $72,393
    Other
    $6,625
    Deferred
    $14,331
    Nontaxable benefits
    $7,625
    Filer's total
    $442,135

  • MICHELLE A NELSON

    CHIEF FINANCIAL OFFICER

    Total calculated
    $218,905
    From this org
    $187,063
    From related orgs
    $0
    Other
    $31,842
    Hours/week
    40 + 0.5 related

    Schedule J breakdown matched by us

    Base
    $186,688
    Bonus
    $0
    Other
    $375
    Deferred
    $9,292
    Nontaxable benefits
    $22,550
    Filer's total
    $218,905

  • EMMETT S BLACKWELL

    CHIEF COMMUNITY IMPACT OFFICER

    Total calculated
    $230,572
    From this org
    $213,202
    From related orgs
    $0
    Other
    $17,370
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $209,077
    Bonus
    $0
    Other
    $4,125
    Deferred
    $9,715
    Nontaxable benefits
    $7,655
    Filer's total
    $230,572

  • CASSANDRA EMERY

    CHIEF OPERATING OFFICER

    Total calculated
    $186,363
    From this org
    $177,979
    From related orgs
    $0
    Other
    $8,384
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $177,604
    Bonus
    $0
    Other
    $375
    Deferred
    $8,384
    Nontaxable benefits
    $0
    Filer's total
    $186,363

  • MAURA D BITTNER

    CHIEF PHILANTHROPY OFFICER

    Total calculated
    $161,192
    From this org
    $153,182
    From related orgs
    $0
    Other
    $8,010
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,807
    Bonus
    $0
    Other
    $375
    Deferred
    $8,010
    Nontaxable benefits
    $0
    Filer's total
    $161,192

  • KATHERINE BUSSER

    VP, INFORMATION SYSTEMS

    Total calculated
    $166,835
    From this org
    $146,532
    From related orgs
    $0
    Other
    $20,303
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,427
    Bonus
    $0
    Other
    $105
    Deferred
    $0
    Nontaxable benefits
    $20,303
    Filer's total
    $166,835

  • KIMBERLY RUSSELL

    SENIOR VP, MARKETING

    Total calculated
    $158,107
    From this org
    $144,170
    From related orgs
    $0
    Other
    $13,937
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,795
    Bonus
    $0
    Other
    $375
    Deferred
    $6,282
    Nontaxable benefits
    $7,655
    Filer's total
    $158,107

  • VANESSA DIAMOND

    SENIOR VP, CIVIC ENGAGEMENT

    Total calculated
    $154,967
    From this org
    $148,551
    From related orgs
    $0
    Other
    $6,416
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $148,176
    Bonus
    $0
    Other
    $375
    Deferred
    $6,416
    Nontaxable benefits
    $0
    Filer's total
    $154,967

  • LAUREN G SHEPHARD

    VP, FINANCE AND CONTROLLER

    Total calculated
    $118,379
    From this org
    $112,947
    From related orgs
    $0
    Other
    $5,432
    Hours/week
    40

  • AMY SINGLETON

    VP, PHILANTHROPIC SERVICES

    Total calculated
    $115,364
    From this org
    $102,821
    From related orgs
    $0
    Other
    $12,543
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
THE PRESIDENT & CEO RECEIVED A NON-FIXED PAYMENT IN THE FORM OF A BONUS, WHICH WAS DETERMINED UTILIZING (IN PART) DISCRETION BY THE BOARD OF DIRECTORS TO DETERMINE THE AMOUNT OF BONUS AND/OR WHETHER TO MAKE SUCH PAYMENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • TCF REAL ESTATE LLC II

    REAL ESTATE · VA · income $0 · assets $908

    Directly controlled by THE COMMUNITY FOUNDATION INC

  • THRIVE BIRTH TO FIVE

    EARLY CHILDHOOD DEV. & SUPPORT · VA · income $3,879,248 · assets $1,877,189

    Directly controlled by THE COMMUNITY FOUNDATION INC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CHARITABLE REMAINDER TRUSTS (19)

    T · CHARITABLE GIVING · VA

    Directly controlled by THE COMMUNITY FOUNDATION INC

  • CHARITABLE LEAD TRUSTS (10)

    T · CHARITABLE GIVING · VA

    Directly controlled by THE COMMUNITY FOUNDATION INC

Provenance

Return type
form_990
Tax year
2022
Filed
4 November 2023
IRS schema version
2022v5.0
Source object
202343129349303324

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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