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Charlottesville Area Community Foundation

Charlottesville, VA · EIN 54-1506312 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Charlottesville Area Community Foundation reported $39.0 million in revenue and $34.9 million in expenses for calendar year 2024. Of every $100 it spent, $91.28 went to program services, $7.89 to management and general costs and $0.83 to fundraising. Its largest source of revenue was contributions and grants: 50.8% of the total. The highest compensation it reported for one person was $333,648 (PRESIDENT, TREASURER & CEO). 7 people received more than $100,000 in reportable compensation. Revenue rose 124% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $35M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $39M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.3%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
7.9%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.8%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
50.8%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$333,648$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.96%1.56%
People paid over $100,000
Part VII, line 2
73
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
91.556.6
Independent voting board members
Part VI 1a–1b
13 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$32M expenses · 100.0% of program spending · grants $30M

We are a community-centered, equity-forward organization committed to helping our region be a place where everyone can belong, contribute, participate, and thrive. The community foundation is a dynamic partner in community investments and charitable giving strategies that attract donors across the region looking to leverage their generosity. We manage hundreds of component funds that distribute resources among broad impact areas making grants to nonprofits, scholarships to students, and investing in the sustainability and capacity building of organizations throughout the region. The…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT, TREASURER & CEO
Director/trustee, officer, 40.00 hrs/week
$300,202$0$33,446$333,648
DIRECTOR OF OPERATIONS
Highest compensated employee, 40.00 hrs/week
$167,153$0$20,759$187,912
DIRECTOR OF COMMUNITY INVE
Highest compensated employee, 40.00 hrs/week
$152,092$0$20,607$172,699
DIRECTOR OF ADVANCEMENT
Highest compensated employee, 40.00 hrs/week
$124,800$0$14,518$139,318
SR. PROGRAMS MANAGER
Highest compensated employee, 40.00 hrs/week
$104,875$0$14,704$119,579
SR. PROGRAMS MANAGER
Highest compensated employee, 40.00 hrs/week
$102,752$0$13,806$116,558

7 people received more than $100,000 in reportable compensation from Charlottesville Area Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $334K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$39M$35M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$39M$35M91.3%$266M$333,648
2023 ⓘ$29M$30M92.2%$254M$305,989
2022 ⓘ$34M$22M96.4%$244M$290,479
2021 ⓘ$78M$36M97.7%$290M$304,274
2020 ⓘ$32M$30M96.8%$246M$214,816
2019 ⓘ$17M$23M95.7%$201M$209,461

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 519
  • Volunteers Part I, line 641

Private foundation grants it received

18 private foundations reported grants to Charlottesville Area Community Foundation totaling $106K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Charlottesville Area Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Charlottesville Area Community Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Charlottesville Area Community Foundation's spending goes to programs?

In calendar year 2024, Charlottesville Area Community Foundation reported that 91.3% of its $34.9 million in expenses went to program services, 7.9% to management and general and 0.8% to fundraising (Form 990, Part IX).

How much does Charlottesville Area Community Foundation pay its top executive?

The largest total compensation Charlottesville Area Community Foundation reported for one person in calendar year 2024 was $333,648, for the role of PRESIDENT, TREASURER & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Charlottesville Area Community Foundation get its money?

Of $39.0 million in revenue in calendar year 2024, 50.8% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Charlottesville Area Community Foundation a registered charity?

The IRS lists EIN 54-1506312 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523219349317652 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433179349306323 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349312985 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202242919349301209 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202112789349301656 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033179349302798 · read the filing

All filings for EIN 54-1506312: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.