Cause IQ organization profile

The Community Foundation for Northern Virginia (CFNOVA)

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

CFNOVA is a community foundation based in Oakton, VA that was founded in 1978. As of 2019 they had $24 million in revenue and $72 million in assets.

Community Foundation for Northern Virginia's mission is to grow philanthropy to help meet the most critical needs of the community.

EIN:
51-0232459
City:
State:
Metro:
Website:
Phone:
(703) 879-7640
Facebook:
Twitter:
Founded:
1978
Type:
501(c)(3)
NTEE:
Revenue:
$24,494,908
Assets:
$72,458,387
Employees:
12
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at CFNOVA

Donor advised funds: the community foundation offers donor advised funds (dafs) to donors in the region. A daf is a type of charitable giving fund that is established by a donor to support a cause or causes that the donor cares about. Dafs allow donors to remain involved in active charitable giving by retaining "advisory privileges" to recommend how the community foundation should make grants from that fund. For the year ending june 30, 2019 , the community foundation held 160 separate donor advised funds that awarded $4,344,429 in total grants.

Discretionary grant funds: in addition to donor advised funds and scholarship funds, the community foundation continuously develops and builds discretionary funds that help respond to local need and seed innovation in the region. Discretionary funds include our community investment funds which help relieve the suffering caused by poverty, level the playing field for local children and youth, provide access to health care and mental health care, create job opportunities for our most vulnerable and marginalized residents, help seniors age in place, and help military families attain financial security. Our innovation fund helps launch new cybersecurity and coding courses of study in local public schools and support programs with innovative approaches to stem education across northern Virginia. Our health kids grants are awarded to public schools to support programs that promote better nutrition or encourage more activity for their students. And our permanent fund is a permanent community endowment intended to ...

Scholarship funds: the community foundation manages and administers 28 scholarship funds established by individual donors that help graduating high school seniors with financial challenges attend 2 and 4 year colleges and universities. For the year ending june 30, 2019, the community foundation awarded $305,074 in total scholarships to 85 students.

Form 990s for CFNOVA

Fiscal year endingDate received by IRSFormPDF link
2019-06Feb 7, 2020990View PDF
2018-06Feb 21, 2019990View PDF
2017-06Dec 22, 2017990View PDF
2016-06Aug 3, 2017990View PDF
2015-06Aug 1, 2016990View PDF
...and five more Form 990 PDFs

Financials for CFNOVA

Field2019
Total grants, contributions, etc.$20,058,694
Program services$675,873
Investment income and dividends$1,719,313
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,988,197
Net income from fundraising events$41,131
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$11,700
Total revenues$24,494,908

Vendors for CFNOVA

VendorServicesAmount paidDate
Constant ContactMarketing software2020-06-16
████████ ████████████Software2020-06-16
██████ ███ ███████ ███ ██Tax accounting2020-02-07
███ ███ ███Tax accounting2014-06-26

Personnel at CFNOVA

NameTitleCompensationMost recent data
Eileen EllsworthPresident and Chief Executive Officer$208,750Feb. 7, 2020
Gino ZaccardelliGeneral Counsel$0June 30, 2019
████ ████████Director and Secretary$0May 20, 2020
███████ ███████Director and Vice Chairman$0May 20, 2020
████ ████████Treasurer$0June 30, 2019
█████ █ ███████Chair$0June 30, 2019
███████ █ █████████Director and Treasurer$0June 30, 2016
████ ███████Director and Chairman$0June 30, 2015
█████ ████████Director and Treasurer$0June 30, 2015
████ ███ ████Director and Chairman$0June 30, 2014
...and two more key personnel

Peer community foundations

 NameTypeRevenueLocation
1Hampton Roads Community Foundation501(c)(3)$33 millionNorfolk, VA
2Community Foundation of Harrisonburg and Rockingham County (TCF)501(c)(3)$17 millionHarrisonburg, VA
3The Community Foundation501(c)(3)$61 millionRichmond, VA
4Charlottesville Area Community Foundation (CACF)501(c)(3)$23 millionCharlottesville, VA
5United Charitable501(c)(3)$77 millionTysons, VA
6Community Foundation of Western Virginia501(c)(3)$9.1 millionRoanoke, VA
7Cumberland Community Foundation (CCF)501(c)(3)$16 millionFayetteville, NC
8Community Foundation of Wabash County501(c)(3)$8.2 millionNorth Manchester, IN
9Rancho Santa Fe Foundation501(c)(3)$22 millionRancho Santa Fe, CA
10Jewish Community Foundation of Orange County (JCFOC)501(c)(3)$12 millionIrvine, CA
11Community Foundation of Lorain County (CFLC)501(c)(3)$11 millionElyria, OH
12Community Foundation for the Ohio Valley (CFOV)501(c)(3)$6.8 millionWheeling, WV
13The Community Foundation of Greater Lafayette501(c)(3)$8.4 millionLafayette, IN
14Community Foundation for the Alleghenies (CFA)501(c)(3)$11 millionJohnstown, PA
15Montage Health501(c)(3)$71 millionMonterey, CA
16Southwest Florida Community Foundation501(c)(3)$21 millionFort Myers, FL
17Northshore Community Foundation (NCF)501(c)(3)$8.4 millionCovington, LA
18Community Foundation of Collier County501(c)(3)$29 millionNaples, FL
19Community Foundation of Greater Greensboro (CFGG)501(c)(3)$25 millionGreensboro, NC
20Spartanburg County Foundation501(c)(3)$20 millionSpartanburg, SC
21Spartanburg Regional Foundation501(c)(3)$10 millionSpartanburg, SC
22Akron Community Foundation501(c)(3)$26 millionAkron, OH
23College of Charleston Foundation501(c)(3)$21 millionCharleston, SC
24Lincoln Community Foundation501(c)(3)$21 millionLincoln, NE
25Community First Foundation501(c)(3)$92 millionArvada, CO