The Community Foundation Serving Richmond & Central Virginia was founded in 1968 to provide stewardship for permanent endowments that enhance the lives of area citizens. Since that time, the Foundation has grown substantially, reflecting both the vision of its leaders and the extraordinary philanthropic spirit of the people of Richmond and Central Virginia. Today, the Foundation is the largest of Virginia’s 27 community foundations. Through our work, we strive to create a stronger and more vibrant region, now and for generations to come. We work with donors to build endowment, partner with nonprofits to address needs through grantmaking, and provide leadership on important community issues.
What are Community Foundations?
Community foundations are tax-exempt public charities serving thousands of people who share a common interest—improving the quality of life in their area.
Individuals, families, businesses, and organizations create permanent charitable funds that help their region meet the challenges of changing times. The foundation invests and administers these funds.
All community foundations are overseen by a volunteer board of leading citizens and run by professionals with expertise in identifying their communities’ needs.
In the United States, community foundations serve tens of thousands of donors, administer more than $31 billion in charitable funds, and address the core concerns of nearly 700 communities and regions.