EIN 46-5103846

Commonwealth Foundations

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
Year formed
2016
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Commonwealth Foundations makes 107 grants last year.
Total revenues
$9,900,000
2022
Total expenses
$10,704,470
2022
Total assets
$14,540
2022
Num. employees
n/a

Grants made by Commonwealth Foundations

GranteeGrant descriptionAmount
The Faison CenterGeneral Support$2,000,000
Lewis Ginter Botanical GardenGeneral Support$1,502,000
Virginia Tech FoundationGeneral Support$1,260,000
...and 48 more grants made totalling $8,973,560

Who funds Commonwealth Foundations

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Commonwealth Foundation VTo Fund the Charitable Purposes of the Foundation$2,475,000
Commonwealth Foundation IvTo Fund the Charitable Purposes of the Foundation$2,475,000
Commonwealth Foundation ITo Fund the Charitable Purposes of the Foundation$2,475,000
...and 1 more grant received

Personnel at Commonwealth Foundations

NameTitleCompensation
Charles MitchellPresident and Chief Executive Officer
Nathan BenefieldSenior Vice President / Vice President and Chief Operating Officer
Mark WilsonChief Financial Officer
Erik TelfordSenior Vice President of Public Affairs
Jennifer StefanoExecutive Vice President / Vice President and Chief Strategist
...and 20 more key personnel

Financials for Commonwealth Foundations

RevenuesFYE 12/2022
Total grants, contributions, etc.$9,900,000
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$9,900,000

Form 990s for Commonwealth Foundations

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-09990PFView PDF
2021-122022-11-08990PFView PDF
2020-122021-11-11990PFView PDF
2019-122022-02-23990PFView PDF
2018-122020-02-11990PFView PDF
...and 4 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 25, 2023
Received grants
Identified 2 new grant, including a grant for $2,475,000 from Commonwealth Foundation I
August 5, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
May 22, 2023
Received grants
Identified 4 new grant, including a grant for $3,115,000 from Commonwealth Foundation I
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedTax deductible donationsNo full-time employees
General information
Address
800 E Canal St 1900
Richmond, VA 23219
Metro area
Richmond, VA
Website URL
commonwealthfoundation.org/ 
Phone
(804) 643-4200
IRS details
EIN
46-5103846
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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