TCF committed $20 million to support charitable organizations and purposes in our region, connecting the interests of community donors with causes that they care about. TCF's supporting foundations accounted for another $35 million in grant and program commitments.
Sherrie Armstrong currently serves as the President and CEO of the The Community Foundation Serving Richmond and Central Virginia since July 2015. The Foundation holds nearly $700 million in assets with a staff of 25 and an impact focus on educational success, economic prosperity, health and wellness, and cultural vibrancy.
The Community Foundation's grantmaking falls into two categories: grants awarded through an open application process (competitive grants), and those awarded in response to donor recommendation. Competitive grants are supported by unrestricted, field of interest and special funds. The latter category is supported by donor advised, designated and agency endowment funds.
Cultural Vibrancy Desired Result: Community members have access to and an appreciation for arts and cultural opportunities. We seek these results in partnership with the Jenkins Foundation, Sheltering Arms Fund and the Medarva Foundation Fund.
ProsperityDesired Result: The Region's resources are sustainable and its residents are
economically stable and secure.
In addition to responsive grantmaking, our staff will seek to
identify community initiatives that advance solutions to our community’s greatest challenges using innovative strategies and a collaborative spirit. Financial support for these initiatives is reported under Grantmaking.
Our goal related to promoting philanthropy is to encourage and support networking, shared learning and emerging models for engaging citizens in philanthropy. Initiatives that advance this goal include:
The Community Foundation seeks to enhance public education and strengthen the nonprofit sector through three special grant programs that offer opportunities for individuals to pursue professional development activities of their own design. Individuals are recognized for their leadership skills and demonstrated ability to make a difference in the lives of others. Each program follows a competitive process, in which eligible candidates will be selected from a larger pool based on written nominations and, in some cases, their participation in a panel interview.
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