Profiles

Community Foundation Serving Richmond and Central Virginia

7501 Boulders View Drive, Suite 110
Richmond, Virginia 23225
United States

Mission

To serve and inspire people to build philanthropy for our region and to engage in our community

Most Meaningful Change

The foundation funded the pilot of Rapid Re-housing in 2009 to change the way services are provided to individuals and families who become homeless or who are at risk of homelessness. This national best practice model moves individuals and families into permanent housing as quickly as possible, as opposed to long stays in emergency or transitional shelter. The pilot led to a 50% decrease in the median length of shelter stay for homeless families from 2009 to 2011. In addition, this housing-first approach resulted in fewer children in shelters, fewer families returning to homelessness and significantly less money spent in serving those families. The Commonwealth of Virginia has introduced this housing-first approach into its human services priorities at the state level.

1968 Year Founded
$507,958,198 Endowment Value
$44,605,308 Total Annual Grantmaking

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This profile is 99% complete

Last Updated: 09.19.14

Population Area Served

1,100,000

Identifying Information
OrganizationCommunity Foundation Serving Richmond and Central Virginia
Address 17501 Boulders View Drive, Suite 110
Address 2Did not answer
City / TownRichmond
State / RegionVirginia
ZIP / Postal Code23225
CountryUnited States
ContinentNorth America
Map Address (If Different)Did not answer
Map City / Town (If Different)Did not answer
Map State / Region (If Different)Did not answer
Map Zip / Postal Code (If Different)Did not answer
Map Country (If Different)Did not answer
Phone804-330-7400
Emaildoman@tcfrichmond.org
Websitewww.tcfrichmond.org
Organization Leader (Name, Title)Darcy Oman, President & CEO
Primary Contact’s NameDarcy Oman
Primary Contact’s PositionPresident & CEO
Foundation at a Glance
Year Founded1968
Mission StatementTo serve and inspire people to build philanthropy for our region and to engage in our community
Organization DescriptionCommunity Foundation
Other Descriptionincluding 7 related entities
Approximate Size of the Population Serviced1,100,000
Total Paid Staff (Full-Time Equivalents)24
Total Unpaid Staff (Full-Time Equivalents)Did not answer
Total Board Members21
Financial Information (in U.S. Dollars)
Organization’s Total Income in Last Fiscal Year$125,211,026
Organization’s Gifts Income in Last Fiscal Year$31,809,626
Organization’s Total Expenditures in Last Fiscal Year$48,388
Organization’s Grantmaking Budget in Last Fiscal Year$44,605,308
Does Organization Have an EndowmentYes
Value of Endowment (or Financial Reserves) as of the End of Last Fiscal Year$507,958,198
Change in Financial Status Over Last Three YearsA little improvement
Priorities and Achievements
Factors that Played a Role in the Origins of Your Organization
Community leadershipPlayed a centrally important role
Philanthropic giftsPlayed an important role
Grassroots activismNo role
Inadequate government servicesNo role
Changes in the political environmentNo role
Changes in the economic environmentNo role
Government initiative fundingNo role
Foundation initiative fundingNo role
Bilateral or multilateral initiative fundingNo role
Favorable legal or fiscal policiesPlayed a slight role
Time Spent Working in Following Areas
NeighborhoodFair amount of time
LocallyFair amount of time
RegionallyLots of time
NationallyNone
InternationallyNone
Rate Importance of the Following Functions
GrantmakingCentrally important
Having local people as leaders in the organizationCentrally important
Seeking local donationsCentrally important
Having a gender balance in the organizationSlightly important
Board reflective of community diversityImportant but not central
Building an endowmentCentrally important
Serving donor needsCentrally important
Acting as a fiscal intermediary for the communityNot important
Building inclusion and trust in the communityImportant but not central
Pursuing equitySlightly important
Accountability to local peopleSlightly important
Raising money for grantmaking annuallyNot important
Community developmentImportant but not central
In the Last Year, Extent to Which Programming and/or Grantmaking Involved Work in the Following Areas
Arts and cultureLittle
EducationLot
EnvironmentLittle
HealthLot
Human and social servicesLot
Human rightsLittle
International relationsNot at all
ReligionLittle
Economic developmentFair amount
Conflict resolution/bridging different parts of the communityLittle
Information technologyNot at all
Strengthening local or regional governmentNot at all
HousingLot
ChildrenLot
WaterLittle
Alternative energyNot at all
Disaster reliefNot at all
Advocacy with authoritiesNot at all
Job trainingFair amount
Nongrantmaking Services Offered to Community in Recent Years
Convening for issues of local concernOften
Promote collaboration between granteesOften
Promote understanding of public policyOccasionally
Training/capacity-building for local organizationsOften
AdvocacyRarely
Loaned staffNever
ResearchOccasionally
Community needs assessmentOccasionally
Leadership developmentOften
InternshipsRarely
Providing space for local organizationsOccasionally
Access to information technologyNever
Publishing/knowledge sharingOften
Main Trends Over the Past Year in Geographic Area Served
PovertyGetting worse
CrimeGetting better
Trust among different sections of the communityNo change
Equitable distribution of resources and servicesNo change
Social position of marginalized groupsNo change
Responsiveness of authoritiesNo change
Appropriateness of public policiesGetting worse
Value of community assetsGetting better
Quality of the environmentNo change
Number of people and organizations working to change and improve their communityGetting better
Levels of innovation and risk taking in addressing community problemsGetting better
Networks and links between different parts of the communityGetting better
Gender equityNo change
Charitable giving through the community foundationGetting better
Number of people and organizations involved in philanthropic givingGetting better
Extent to Which Organization Can Claim Tangible and Measurable Achievements in the Past Three Years
PovertySome important achievements
CrimeDo not work in this sphere
Trust among different sections of the communityWork in the sphere but no measurable achievement
Equitable distribution of resources and servicesWork in the sphere but no measurable achievement
Social position of marginalized groupsDo not work in this sphere
Responsiveness of authoritiesDo not work in this sphere
Appropriateness of public policiesDo not work in this sphere
Value of community assetsA few small achievements
Quality of the environmentDo not work in this sphere
Number of people and organizations working to change and improve their communitySome important achievements
Levels of innovation and risk taking in addressing community problemsSome important achievements
Networks and links between different parts of the communitySome important achievements
Gender equityDo not work in this sphere
Charitable giving through the community foundationSome important achievements
Number of people and organizations involved in philanthropic givingSome important achievements
Active Partnerships
Formal community associations and groupsLittle
Informal associations of citizensLittle
Non-governmental organizationsLot
Local governmentLittle
National governmentNot at all
UniversitiesLot
SchoolsLot
BusinessesLittle
Partnerships and External Aid
Other Institutions Helpful to Our Work
National association of grantmakersNeither helpful or unhelpful
Regional association of grantmakersNeither helpful or unhelpful
Global Fund for Community FoundationsN/A
Particular foundationN/A
Other organizationN/A
Involvement of Local People
Regularly survey local people about our programsNo
Local people are engaged in the delivery of our workYes
Local people control what our organization doesYes
Have local people represented on our boardYes
Have regular sessions where local people advise us what our programs should doNo
Actively engage local people as volunteersYes
All of our board is composed of local peopleYes
Account to local people about our successes and failures each yearNo
Assistance in Overcoming Main Difficulties Faced in Developing Organization Further
Increased fundingNeither important nor unimportant
Better legal or fiscal environmentVery important
More volunteersNeither important nor unimportant
Access to advice or technical assistanceNeither important nor unimportant
Better local culture of givingImportant
Stronger civil societyImportant
More responsive authoritiesNeither important nor unimportant
OtherDid not answer
Most Meaningful Change
Most Meaningful Change that Organization Has Helped to Bring About in the Last Three YearsThe foundation funded the pilot of Rapid Re-housing in 2009 to change the way services are provided to individuals and families who become homeless or who are at risk of homelessness. This national best practice model moves individuals and families into permanent housing as quickly as possible, as opposed to long stays in emergency or transitional shelter. The pilot led to a 50% decrease in the median length of shelter stay for homeless families from 2009 to 2011. In addition, this housing-first approach resulted in fewer children in shelters, fewer families returning to homelessness and significantly less money spent in serving those families. The Commonwealth of Virginia has introduced this housing-first approach into its human services priorities at the state level.
 

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Identifying Information

Foundation at a Glance

Financial Information (in U.S. Dollars)

Priorities and Achievements
Factors that Played a Role in the Origins of Your Organization

Time Spent Working in Following Areas

Rate Importance of the Following Functions

In the Last Year, Extent to Which Programming and/or Grantmaking Involved Work in the Following Areas

Nongrantmaking Services Offered to Community in Recent Years

Main Trends Over the Past Year in Geographic Area Served

Extent to Which Organization Can Claim Tangible and Measurable Achievements in the Past Three Years

Active Partnerships

Partnerships and External Aid
Other Institutions Helpful to Our Work

Involvement of Local People

Assistance in Overcoming Main Difficulties Faced in Developing Organization Further

Most Meaningful Change

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