NonprofitsCommonwealth Community Trust Endowment Fund

Health Care

Commonwealth Community Trust Endowment Fund

HENRICO, VA

Total revenue

$3.1M

Total expenses

$2.9M

Net assets

$3.4M

Grants received

EIN

541565250

Tax year

2024

Mission

To provide people with special needs who live throughout the united states and their families a convenient, cost-effective framework for the administration of pooled special needs trusts that supplement government entitlement programs such as supplemental security income (ssi) and medicaid. To educate families, people with special needs, and professionals about the benefits of a pooled special needs trust. To award individuals with a disability who demonstrate a financial need with a monetary grant to be used for services and/or equipment through cct's charitable fund award program.

Programs

1 program

As part of its mission to enrich the quality of life for people living with a disability, cct established the charitable fund award program to award up to 1,000 per annum for equipment and/or services to individuals with disabilities who demonstrate financial need. Each recipient of an award must meet the social security administration definition of disabled and meet the federal poverty guidelines and/or receive ssi. 152 grants were awarded to eligible individuals through this program in 2024.

Expenses: $131KGrants: $86K

Financials

FY 2024

Revenue

Contributions & grants$1.5M
Program service revenue$1.5M
Investment income$65K
Other revenue$5K
Total revenue$3.1M

Expenses

Grants paid$86K
Salaries & benefits$2.2M
Fundraising
Other expenses$648K
Total expenses$2.9M
Total assets$3.5M
Net assets$3.4M

People

22 listed

NameRoleCompensation

JOANNE MARCUS

PRESIDENT/CE

Board

$288K

40 hrs/wk

PIERRE GREENE MBA

SECRETARY

Board

1 hrs/wk

LATESHIA G BROWN LCSW

MEMBER

Board

1 hrs/wk

STEPHEN D BURNS ESQ

MEMBER

Board

1 hrs/wk

BRETT CORSELLO

MEMBER

Board

1 hrs/wk

SUSANNA B JONES

MEMBER

Board

1 hrs/wk

STEPHEN KIMBERLIN

MEMBER

Board

1 hrs/wk

RICHARD KUNZ MD

MEMBER

Board

1 hrs/wk

ALEXANDRA BADMAN ESQ

CHAIR

Board

1 hrs/wk

EDWARD PRATCHETT

MEMBER

Board

1 hrs/wk

BAGLEY REID CPA

MEMBER

Board

1 hrs/wk

BRODY REID

MEMBER

Board

1 hrs/wk

PETER W TOMASCH CFP

MEMBER

Board

1 hrs/wk

MARC A VERDI CPAPFS CFP

MEMBER

Board

1 hrs/wk

LUCINDA WEIGEL

MEMBER

Board

1 hrs/wk

B BAILEY LIIPFERT III CELA

MEMBER

Board

1 hrs/wk

CHERYL L PAGE CFA CFP

CHAIR-ELECT

Board

1 hrs/wk

STEPHANIE E GRANA

PAST-CHAIR

Board

1 hrs/wk

SEAN RUTHERFORD CPA

TREASURER

Board

1 hrs/wk

BEN TIEFENBACK

DIRECTOR CLI

Staff

$147K

40 hrs/wk

RACHAEL BAER

DIRECTOR NEW

Staff

$119K

40 hrs/wk

JASON FOSTER

DIRECTOR FIN

Staff

$103K

40 hrs/wk

Details

EIN541565250
NTEE codeE50Z
Subsection03
Ruling date1991-05
Formed1990
Employees30
COMMONWEALTH COMMUNITY TRUST ENDOWMENT FUND — Mission, Financials & Grants Received | Grantivo