2014 was an exceptional year for Commonwealth Community Trust. At the end of the year, we celebrated an important milestone of having served more than 1,000 beneficiaries since inception in 1990. Similar growth was seen in funded trusts under management, which reached a level of $38 million. National growth of the organization continued as evidenced by participants located in 30 states. The Charitable Fund Award provided grants to 85 disabled individuals totaling over $52,000.
Current Year Goals
We expect to see continued growth in the number of beneficiaries served and the amount of assets under management in 2015. Outreach efforts will be strengthened by enabling access to information on our website, social media opportunities, enlisting national organizations that serve people with disabilities and articles for publications. Additional funding sources will be explored to support the Charitable Fund Award. To accommodate organizational growth, one new full time position will be added to our staff.
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
Copyright © 2014 The Community Foundation Serving Richmond & Central Virginia7501 Boulders View Drive, Richmond, VA 23225804-330-7400 | www.tcfrichmond.org