NonprofitsCommunity Foundation Of The Rappahannock River Region Inc

Community Foundations

Community Foundation Of The Rappahannock River Region Inc

FREDERICKSBRG, VA

Total revenue

$5.0M

Total expenses

$3.6M

Net assets

$54.2M

Grants received

$388K

18 grants

EIN

541843987

Tax year

2023

Mission

The community foundation is a devoted advocate for the vitality and well- being of the rappahannock river region. (continued in schedule o)

Programs

3 programs

The community foundation believes supporting education is one of the greatest investments we can make in our community. Each year, our 45+ scholarship funds make awards to 50+ students pursuing their dreams. We are honored to support our region's youth on their way to becoming our future leaders, scholars and workforce. Underlying every community foundation scholarship fund is the belief that higher education is a vital investment in our region's future. Scholarships represent so much to our area's students - they are a tangible, financial support for their futures, and the demonstration that their community believes in the importance of investing in the success of our area's youth. (continued in schedule o)

Expenses: $219KGrants: $219K

In january 2021, the community foundation established the nonprofit leadership cohort, a group of nonprofits committed to a thriving, equitable and more resilient region. Our focus was to enhance our regional sector's shared effectiveness, capacity and sustainability to better serve the community. Out of this work came three priorities: strengthen the capacity of the nonprofits serving our region through training and professional development; bring more nonprofit organizations to the table and create new ways to engage and connect as a sector; and build awareness about the work and impact of nonprofits within our organizations, and throughout the community.(continued in schedule o)

Expenses: $57KGrants: $15K

The community foundation makes personal philanthropy flexible, easy and effective. The foundation convenes local leaders and offers specialized services to ensure charitable giving is as effective as possible. The foundation provides generous people with high level strategic thinking on ways to meet community challenges. By endowing contributions for charitable purposes, the community foundation is building a significant, permanent source of support for the community now and into the future. Examples of charitable fund impact include: -the fredericksburg savings charitable fund supports nonprofits with general operating support including community development, housing assistance, scholarships, local education, medical facilities, community groups, cultural organizations and other similar types of organizations and civic-minded projects that contribute to the quality of life in the counties of caroline, king george, spotsylvania and stafford and the city of fredericksburg. -the duff mcduff green, jr. Fund supports programs in the region that: 1) promote recreation opportunities in the community, 2) benefit our region's youth, and 3) advance local historic/cultural preservation. -the women and girls fund involves women in making grants that benefit area women and girls in need.

Expenses: $2.9MGrants: $2.1M

Financials

FY 2023

Revenue

Contributions & grants$2.2M
Program service revenue
Investment income$2.6M
Other revenue$121K
Total revenue$5.0M

Expenses

Grants paid$2.5M
Salaries & benefits$591K
Fundraising$103K
Other expenses$530K
Total expenses$3.6M
Total assets$56.1M
Net assets$54.2M

People

26 listed

NameRoleCompensation

TERI MCNALLY

CHIEF EXEC O

Board

$163K

55 hrs/wk

SHARON SCHMIDT

PRESIDENT-EL

Board

1.5 hrs/wk

AMY E MCCULLOUGH

SECRETARY

Board

1.5 hrs/wk

ANDREW GROSSNICKLE

TREASURER

Board

3 hrs/wk

STEPHANIE HANCHEY

PAST PRESIDE

Board

1 hrs/wk

BETH BLACK

BOARD MEMBER

Board

1 hrs/wk

BILL BOLDON

BOARD MEMBER

Board

1 hrs/wk

HARRY D DICKINSON

BOARD MEMBER

Board

1 hrs/wk

ANGELA FREEMAN

BOARD MEMBER

Board

1 hrs/wk

JANET GULLICKSON

BOARD MEMBER

Board

1 hrs/wk

RANDALL O HARRIS

BOARD MEMBER

Board

1 hrs/wk

GAYLE HOCK

BOARD MEMBER

Board

1 hrs/wk

STACY HORNE

BOARD MEMBER

Board

1 hrs/wk

PAUL GIAMBRA

PRESIDENT

Board

3 hrs/wk

BENJAMIN R MAXWELL

BOARD MEMBER

Board

1 hrs/wk

CHRISSY MCDERMOTT

BOARD MEMBER

Board

1 hrs/wk

JENN MCGOVERN

BOARD MEMBER

Board

1 hrs/wk

BROOKE MILLER

BOARD MEMBER

Board

1 hrs/wk

STEVE NORAIR

BOARD MEMBER

Board

1 hrs/wk

ANDRE PINEDA

BOARD MEMBER

Board

1 hrs/wk

ADDISON POCK

BOARD MEMBER

Board

1 hrs/wk

REGGIE SAMUEL

BOARD MEMBER

Board

1 hrs/wk

KRISTIN SHIELDS

BOARD MEMBER

Board

1 hrs/wk

W ANDREW WITHERS

BOARD MEMBER

Board

1 hrs/wk

KIMBERLY YOUNG

BOARD MEMBER

Board

1 hrs/wk

TYRONE A LOGAN

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$200K
PHILANTHROPY
2023
$50K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$27K
PUBLIC, SOCIETAL BENEFIT
2023
$8K
COMMUNITY & HUMAN SERVICES
2023
$2K
MATCHING GIFTS
2023
$23K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$10K
PUBLIC, SOCIETAL BENEFIT
2022
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$10K
PUBLIC, SOCIETAL BENEFIT
2021
$15K
PUBLIC, SOCIETAL BENEFIT
2020
$11K
PUBLIC, SOCIETAL BENEFIT
2019
$10K
PUBLIC, SOCIETAL BENEFIT
2018

Funded by

$388K from 8 funders · 18 grants · 2018–2023

American Endowment Foundation

$200K · 1 grant · 2023

Donor Advised Charitable Giving Inc

$83K · 6 grants · 2018–2023

Vanguard Charitable Endowment Program

$73K · 2 grants · 2022–2023

The Ayco Charitable Foundation

$8K · 1 grant · 2023

The Wm M & A Cafaro Family Foundation

$2K · 4 grants · 2020–2023

The Pfizer Foundation Inc

$2K · 1 grant · 2023

Details

EIN541843987
NTEE codeT31
Subsection03
Ruling date1997-08
Formed1997
Employees7
Volunteers67
COMMUNITY FOUNDATION OF THE RAPPAHANNOCK RIVER REGION INC — Mission, Financials & Grants Received | Grantivo