Greater Washington Community Foundation

Organization Overview

Greater Washington Community Foundation is located in Washington, DC. The organization was established in 1974. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 03/2020, Greater Washington Community Foundation employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 03/2020, Greater Washington Community Foundation generated $81.7m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $77.0m during the year ending 03/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Greater Washington Community Foundation has awarded 6,679 individual grants totaling $405,486,307. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

STRENGTHENING THE WASHINGTON METROPOLITAN REGION BY ENCOURAGING AND SUPPORTING EFFECTIVE CHARITABLE GIVING, AND BY PROVIDING LEADERSHIP ON CRITICAL ISSUES IN OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADMINISTRATION OF CHARITABLE GIVING VEHICLES DESIGNED TO FACILITATE THE PHILANTHROPIC INTENT OF INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND GROUPS VIA DONOR ADVISED, FIELD OF INTEREST, DESIGNATED OR OTHER FUND TYPES. ADMINISTRATION CONSISTS OF GIFT RECEIPT AND ACKNOWLEDGMENT, INVESTMENT OF FUND ASSETS, PROCESSING, AND DISBURSING GRANTS TO NONPROFIT ENTITIES ACCORDING TO THE TERMS OF EACH INDIVIDUAL FUND. THE GREATER WASHINGTON COMMUNITY FOUNDATION CURRENTLY PROVIDES ADMINISTRATIVE SERVICES TO OVER 700 FUNDS.


INTERNAL PROGRAM INITIATIVES - PROGRAM INITIATIVES ARE DISCRETIONARY ACTIVITIES OF THE GREATER WASHINGTON COMMUNITY FOUNDATION DESIGNED TO ADDRESS SPECIFIC AREAS OF NEED WITHIN THE SERVICE AREA OF THE GREATER WASHINGTON REGION. PROGRAM INITIATIVES OF THE CURRENT REPORTING PERIOD INCLUDE: THE NEIGHBORS IN NEED FUND, COLLABORATIVE FOR EDUCATION ORGANIZING, GREATER WASHINGTON WORKFORCE DEVELOPMENT COLLABORATIVE AND THE PARTNERSHIP FOR EQUITY. NEIGHBORS IN NEED FUND'S GOAL IS TO ADDRESS THE MOST PRESSING CHALLENGES FACING RESIDENTS IN THE DC METROPOLITAN REGION DURING THE CURRENT ECONOMIC CRISIS. THE FUND PROVIDES GRANT SUPPORT TO NONPROFIT ORGANIZATIONS PROVIDING DIRECT SERVICES FOR FOOD, SHELTER, CLOTHING, EMERGENCY FINANCIAL ASSISTANCE AND FORECLOSURE PREVENTION AND GROUPS WORKING TO IMPROVE THE SAFETY NET INFRASTRUCTURE. COLLABORATIVE FOR EDUCATION ORGANIZING IS A PARTNERSHIP OF 12 LOCAL AND NATIONAL FUNDERS FOCUSED ON ACHIEVING SYSTEM-WIDE REFORM IN PUBLIC AND CHARTER SCHOOLS IN THE DISTRICT OF COLUMBIA. THE GREATER WASHINGTON WORKFORCE DEVELOPMENT COLLABORATIVE IS A COALITION OF 14 LOCAL AND NATIONAL GRANT MAKERS FOCUSED ON HELPING LOW-INCOME ADULTS THROUGHOUT THE GREATER WASHINGTON REGION OBTAIN AND RETAIN JOBS THAT PROVIDE GOOD WAGES, BENEFITS AND OPPORTUNITIES FOR ADVANCEMENT THROUGH SUPPORT OF JOB TRAINING INITIATIVES. PARTNERSHIP FOR EQUITY IS A PUBLIC/PRIVATE PARTNERSHIP THAT SEEKS TO BUILD A CAPACITY OF LEADERS AND ORGANIZATIONS WORKING ON SOCIAL JUSTICE ISSUES IN THE DC REGION.


FISCAL SPONSORSHIPS - THE COMMUNITY FOUNDATION SELECTIVELY EXTENDS ITS NONPROFIT STATUS TO BOARD APPROVED GROUPS AND/OR ORGANIZATIONS WHO HAVE A PHILANTHROPIC MISSION BUT HAVE EITHER NOT RECEIVED SEPARATE EXEMPT STATUS FROM THE INTERNAL REVENUE SERVICE OR ARE ORGANIZED FOR A LIMITED DURATION OR PURPOSE. THE COMMUNITY FOUNDATION SUPPLIES THE SAME ADMINISTRATIVE SERVICES AS THOSE LISTED IN #1 ABOVE. IN ADDITION THE FOUNDATION EXERCISES EXPENDITURE CONTROL RESPONSIBILITY FOR ALL DISBURSEMENTS MADE BY THESE FUND TYPES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Burness Communication
Communication Srvs
$115,000
Gallup
Consulting
$100,311
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$584,139
Related organizations$10,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$59,764,530
Noncash contributions included in lines 1a–1f $24,258,832
Total Revenue from Contributions, Gifts, Grants & Similar$60,358,669
Total Program Service Revenue$0
Investment income $9,747,150
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $321,192
Net Gain/Loss on Asset Sales $9,626,111
Net Income from Fundraising Events $1,432,680
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $81,678,306

Grants Awarded

Over the last fiscal year, Greater Washington Community Foundation has awarded $62,522,217 in support to 1,034 organizations.

Grant RecipientAmount

Indianapolis, IN

|

$2,496,587

UNIV OF MARYLAND COLLEGE PARK FND

Org PageRecipient Profile

College Park, MD

|

$2,100,637

SHAKESPEARE THEATRE

Org PageRecipient Profile

Washington, DC

|

$1,816,255

BETTER MARKETS INC

Org PageRecipient Profile

Washington, DC

|

$1,536,000

PRINCETON UNIVERSITY

Org PageRecipient Profile

Princeton, NJ

|

$1,505,300

BUILDING BRIDGES ACROSS THE RIVER AT THEARC

Org PageRecipient Profile

Washington, DC

|

$1,074,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Greater Washington Community Foundation has recieved totaling $843,454.

Awarding OrganizationAmount
Strivetogether Inc

Cincinnati, OH

PURPOSE: Challenge Fund

$250,000
Bridge Alliance Education Fund

State College, PA

PURPOSE: BUILD THRIVING COMMUNITIES

$150,000
Harman Family Foundation

Los Angeles, CA

PURPOSE: SUPPORTS NEEDS OF NONPROFITS

$100,000
National Geographic Society

Washington, DC

PURPOSE: EDUCATION GRANT

$100,000
National Geographic Society

Washington, DC

PURPOSE: EDUCATION GRANT

$100,000
Sullivan Family Charitable Foundation

Chevy Chase, MD

PURPOSE: UNRESTRICTED

$50,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$35,790,023
Earnings-$140,400
Admin Expense$146,112
Net Contributions$238,183
Other Expense$471,264
Ending Balance$35,270,430

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