Funder DirectoryCOMMONWEALTH FOUNDATIONS
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Private foundation (trust)EIN 465103846Est. 2016-04

COMMONWEALTH FOUNDATIONS

RICHMOND, VA 23219

Total Assets

$2.0M

FY 2023

Annual Giving

$8.1M

FY 2023

Grants Made

87

FY 2023

Avg Grant

$93K

FY 2023

Grant Range

$1K–$1.5M

Typical

Deadlines

Applications

Focus Areas

Corporate Foundations

Financial Snapshot

2023 filing

Total Revenue

$10.1M

Total Expenses

$8.1M

Qualifying Distributions

$8.1M

Distributable Amount

$12K

Min. Investment Return

$12K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

87 grants

Grant sizes from minimum $1K through median $8K to maximum $1.5M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2023. Peak $15.4M in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

253 grants

VIRGINIA TECH FOUNDATION
$5.0M
3 grants
LEWIS GINTER BOTANICAL GARDEN
$4.0M
3 grants
THE FAISON CENTER
$4M
2 grants
FIRST TEE OF GREATER RICHMOND
$3.7M
3 grants
MARY BALDWIN UNIVERSITY
$2.3M
3 grants
DARDEN SCHOOL FOUNDATION
$1.8M
3 grants
ANNA JULIA COOPER EPISCOPAL SCHOOL
$1.7M
3 grants
KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION
$1.5M
3 grants

Grant Size Distribution

253 grants

<$10K
159
grants
$10–50K
33
grants
$50–250K
30
grants
$250K–1M
19
grants
$1–5M
12
grants
$5M+

Geographic Focus

15 states

Virginia
$32.0M
94% of total
North Carolina
$1.5M
5% of total
Florida
$268K
1% of total
Wyoming
$67K
0% of total
South Carolina
$54K
0% of total
California
$50K
0% of total
Ohio
$20K
0% of total
Massachusetts
$20K
0% of total
New York
$16K
0% of total
Georgia
$13K
0% of total

+5 more states

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