Economic Prosperity

The Community Foundation supports a variety of evidence-based programs designed to increase economic prosperity in the region, including safe and affordable housing, effective workforce development and financial literacy programs.

Underscoring the importance of these services is the continued cycle of inter-generational poverty in Richmond and other under-served communities across the region. As a result, these residents are at greater risk of homelessness, incarceration and emergency medical needs.

Our priority is to support systems and initiatives that empower individuals and families to secure stable housing, build skills and seek resources that help them achieve good health, successful educational outcomes and economic potential.

Our goals:

  • Residents have opportunities to access and maintain safe and affordable housing in thriving, sustainable communities.
  • Residents are able to build the knowledge, skills and resources they need to attain financial independence and pursue career opportunities.

Download our strategic framework for Economic Prosperity

Housing Opportunities Made EqualHousing Opportunities Made Equal

Recent Grants

Fall 2017

Embrace Richmond 
$25,000 to support an Inside Out Community Strengthening Model in the Brookland Park community.

$25,000 to enhance case management support for households residing in HomeAgain's emergency shelters and those enrolled in rapid rehousing and permanent supportive housing programs.

Housing Opportunities Made Equal of Virginia, Inc. (HOME)
$75,000 to support mobility counseling to deconcentrate poverty, integrate schools, and tear down barriers that prevent Housing Choice Voucher holders from living in neighborhoods of opportunity.

Virginia Hispanic Chamber Foundation, Inc.
$15,000 to hire an Executive Vice President to help drive further success.

Virginia Center for Inclusive Communities
$15,000 to support "This is the Moment," designed to respond to increased demand for programs and services.

Spring 2017

$50,000 to support the CARITAS Shelter and Case Management Program.

Goodwill of Central and Coastal Virginia, Inc.
$50,000 to support Business Development integration and Customer Service certification training.

Greater Richmond Bar Foundation
$25,000 to expand the Pro Bono Clearinghouse program.

$150,000 (over 3 years) to support the convening and coordinating of 30+ public and nonprofit homeless service providers.

Housing Families First
$30,000 to provide families and single women experiencing homelessness with permanent housing and stabilization services.

Junior Achievement of Central Virginia 
$50,000 to support programming to tenth-grade students and sponsor of the Philanthropy Center at Junior Achievement Finance Park.

Neighborhood Resource Center
$35,000 to support NRC Works as well as youth development programs for individuals and families in Greater Fulton.

Sacred Heart Center
$40,000 to build organizational infrastructure to grow and serve the Latino population in Greater Richmond.

Virginia Supportive Housing
$50,000 to support permanent supportive housing services to ensure formerly homeless individuals remain stably housed.

See Our Impact

Upon learning Virginia is 50th in the nation for the rate at which youth age out of foster care, we could not stand by without doing something. Learn how our support of The Possibilities Project is helping transform the lives of these vulnerable youth.

Creating Lasting Impact

Link on the icons below to learn how TCF is advancing change in these other focus areas.