Arlington Community Foundation
- Assets
- $25.5m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Arlington, VA
- Founding
- 03/1992
- Data as of
- 06/2021
- EIN
- 54-1602838
Organization Overview
Arlington Community Foundation is located in Arlington, VA. The organization was established in 1992. 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 06/2021, Arlington Community Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arlington Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Arlington Community Foundation generated $4.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Arlington Community Foundation has awarded 392 individual grants totaling $30,230,335. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHARITABLE SUPPORT AND LEADERSHIP TO IMPROVE QUALITY OF LIFE IN ARLINGTON AND BEYOND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GENERAL COMMUNITY GRANTMAKING OF ARLINGTON COMMUNITY FOUNDATION INCLUDES PROACTIVE AWARDS TO MEET THE NEEDS HIGHLIGHTED BY OUR SPECIAL INITIATIVES AS WELL AS THE IMPLEMENTATION OF THE CHARITABLE INTENTIONS OF THE MANY INDIVIDUALS, FAMILIES AND BUSINESSES THAT HAVE CHOSEN TO BE ACTIVELY INVOLVED IN THE GRANTMAKING PROCESS. INDIVIDUALS AND FAMILIES USE THE PLATFORM OF THE ARLINGTON COMMUNITY FOUNDATION TO EXPLORE AND IMPLEMENT THEIR OWN CHARITABLE VISIONS AND MISSIONS, RECEIVING STAFF ASSISTANCE AS DESIRED. THE PRIMARY FOCUS FOR OUR DISCRETIONARY FUNDING HAS BEEN ON MITIGATING THE DISPLACEMENT OF OUR LOW-INCOME NEIGHBORS UNDER THE BROAD CATEGORY OF ECONOMIC MOBILITY INITIATIVES. THIS INCLUDES OUR PROMPT RESPONSE FUND THAT DISBURSED FUNDS TO HELP THOSE IN NEED RELATED TO THE PANDEMIC HEALTH AND ECONOMIC FALLOUT, AS WELL AS OUR LONG-STANDING BRIDGES OUT OF POVERTY AND SHARED PROSPERITY INITIATIVES. WE ARE COLLABORATING WITH A NUMBER OF DIFFERENT ORGANIZATIONS THROUGH THESE INITIATIVES, INCLUDING ORGANIZATIONS IN THE BUSINESS COMMUNITY, ARLINGTON COUNTY, AND A NUMBER OF LOCAL AND NATIONAL NONPROFITS.
THE ARLINGTON COMMUNITY FOUNDATION HAS A WELL-ESTABLISHED SCHOLARSHIP PROGRAM THAT MATCHES NEARLY 200 STUDENTS WITH AWARDS EACH YEAR. GENEROUS INDIVIDUALS, FAMILIES, COMPANIES AND ORGANIZATIONS FUND THE SCHOLARSHIPS, MANY OF WHICH HAVE THEIR OWN UNIQUE ELIGIBILITY CRITERIA. INDIVIDUALS, FAMILIES AND BUSINESSES MAY CHOOSE TO ESTABLISH A NAMED SCHOLARSHIP THAT HONORS A LOVED ONE, AN EMPLOYEE OR A COMMUNITY MEMBER. THE DONOR ESTABLISHES THE CRITERIA FOR THE SCHOLARSHIP AND THE FOUNDATION'S SCHOLARSHIP COMMITTEE MANAGES THE SELECTION PROCESS FROM A BROAD AND DIVERSE CANDIDATE POOL. CRITERIA CAN BE BASED ON ATHLETIC SKILLS, ACADEMIC GRADES OR COMMUNITY SERVICE. OTHERS CONTRIBUTE TO A GENERAL POOL OF SCHOLARSHIP DOLLARS THROUGH OUR COMMUNITY SCHOLARSHIP FUND WHICH IS BROADLY RESPONSIVE TO STUDENTS IN NEED BASED ON THEIR APPLICATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Owens President & CEO | Officer | 40 | $211,350 |
Anne Vor Der Bruegge Dir, Grants & Initiatives | 40 | $123,674 | |
John Benton Vice Chair | OfficerTrustee | 3 | $0 |
Krysta Jones Secretary | OfficerTrustee | 1 | $0 |
Jade Gong Chair | OfficerTrustee | 3 | $0 |
Michael George Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $103,750 |
| Related organizations | $0 |
| Government grants | $71,100 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,162,508 |
| Noncash contributions included in lines 1a–1f | $1,075,442 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,337,358 |
| Total Program Service Revenue | $42,610 |
| Investment income | $529,479 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $422,176 |
| Net Income from Fundraising Events | -$22,133 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,309,490 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,032,682 |
| Grants and other assistance to domestic individuals. | $490,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $235,405 |
| Compensation of current officers, directors, key employees. | $70,158 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $298,272 |
| Pension plan accruals and contributions | $9,100 |
| Other employee benefits | $19,408 |
| Payroll taxes | $32,532 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,712 |
| Fees for services: Accounting | $57,424 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,306 |
| Fees for services: Other | $163,269 |
| Advertising and promotion | $96,595 |
| Office expenses | $28,939 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $42,095 |
| Travel | $558 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $434 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,771 |
| All other expenses | $7,208 |
| Total functional expenses | $3,543,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,224 |
| Savings and temporary cash investments | $2,061,583 |
| Pledges and grants receivable | $96,632 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $21,433 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $23,180,620 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $25,473,492 |
| Accounts payable and accrued expenses | $108,149 |
| Grants payable | $872,875 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $5,492,731 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $69,880 |
| Other liabilities | $0 |
| Total liabilities | $6,543,635 |
| Net assets without donor restrictions | $16,524,485 |
| Net assets with donor restrictions | $2,405,372 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,473,492 |
Grants Awarded
Over the last fiscal year, Arlington Community Foundation has awarded $1,842,981 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $386,000 |
ARLINGTON COUNTY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $306,931 |
Arlington, VA PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $129,000 |
Arlington, VA PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $98,500 |
Arlington, VA PURPOSE: FUND CONSTRUCTION OF A NEW LIBRARY | $90,000 |
Arlington, VA PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Arlington Community Foundation has recieved totaling $915,534.
| Awarding Organization | Amount |
|---|---|
Kresge Foundation Troy, MI PURPOSE: THIS GRANT PROVIDES FUNDING FOR ARLINGTON COMMUNITY FOUNDATION (ACF) TO LAUNCH AN 18-MONTH UNCONDITIONAL CASH PILOT PROGRAM FOR LOW-INCOME FAMILIES. | $200,000 |
Reinsch Pierce Family Foundation Inc Arlington, VA PURPOSE: SUPPORT ACTIVITIES WITH CHARITABLE OUTREACH | $152,500 |
Kresge Foundation Troy, MI PURPOSE: THIS GRANT PROVIDES FUNDING FOR ARLINGTON COMMUNITY FOUNDATION (ACF) TO CONTINUE IMPLEMENTING THEIR SHARED PROSPERITY INITIATIVE GOALS AROUND AFFORDABLE HOUSING, AFFORDABLE CHILD CARE AND WORKFORCE PATHWAYS FOR PEOPLE MAKING 30% OR LESS OF ARLINGTON'S AMI. | $150,000 |
Greater Washington Community Foundation Washington, DC PURPOSE: GENERAL SUPPORT | $100,000 |
Aron Family Foundation Chevy Chase, MD PURPOSE: OPERATING PURPOSES | $55,000 |
Eugene & Agnes E Meyer Foundation Washington, DC PURPOSE: TO SUPPORT ARLINGTON'S GUARANTEE OVER TWO YEARS | $50,000 |
Endowment Analysis
| Beg. Balance | $1,666,204 |
| Earnings | $497,175 |
| Net Contributions | $26,780 |
| Other Expense | $86,063 |
| Ending Balance | $2,104,096 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Community Foundation Of Harrisonburg And Rockingham County Harrisonburg, VA | $68,152,988 | $23,085,179 |
The Community Foundatio Of Louisville Depository Inc Louisville, KY | $29,429,716 | $18,203,702 |
Greater Kanawha Valley Foundation Charleston, WV | $329,426,372 | $27,972,481 |
High Point Community Foundation High Point, NC | $114,170,503 | $14,778,667 |
The Community Foundation Of Louisville Corporate Depository In Louisville, KY | $17,663,337 | $10,177,129 |
Community Foundation Of Frederick County Maryland Incorporated Frederick, MD | $137,281,850 | $16,443,346 |
The Community Foundation For Northern Virginia Inc Oakton, VA | $80,161,408 | $23,451,822 |
Community Foundation Of The Eastern Shore Inc Salisbury, MD | $144,509,312 | $16,050,496 |
Mid-Shore Community Foundation Inc Easton, MD | $125,001,314 | $15,563,573 |
Gaston Community Foundation Gastonia, NC | $124,627,590 | $17,636,833 |
Community Foundation Serving Western Virginia Roanoke, VA | $100,299,802 | $12,225,680 |
Cumberland Community Foundation Inc Fayetteville, NC | $108,138,101 | $14,799,053 |