Commonwealth Foundation Iii

Organization Overview

Commonwealth Foundation Iii is located in Richmond, VA. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonwealth Foundation Iii 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 12/2021, Commonwealth Foundation Iii generated $6.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $10
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $7,072,068
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $6,621,683
Total Revenue $6,621,693

Grants Awarded

Over the last fiscal year, Commonwealth Foundation Iii has awarded $2,313,784 in support to 17 organizations.

Grant RecipientAmount

COMMONWEALTH FOUNDATIONS

Org PageRecipient Profile

Richmond, VA

PURPOSE: TO FUND THE CHARITABLE PURPOSES OF THE FOUNDATION

$2,268,604

KENAN FLAGLER BUSINESS SCHOOL FOUNDATION

Org PageRecipient Profile

Chapel Hill, NC

PURPOSE: GENERAL SUPPORT

$16,000

ROANOKE CATHOLIC SCHOOL

Org PageRecipient Profile

Roanoke, VA

PURPOSE: GENERAL SUPPORT

$10,760

THE VIRGINIA HOME

Org PageRecipient Profile

Richmond, VA

PURPOSE: GENERAL SUPPORT

$5,780

ST STEPHEN'S CHURCH

PURPOSE: GENERAL SUPPORT

$2,428

METRO RICHMOND SPORTS BACKERS

Org PageRecipient Profile

Richmond, VA

PURPOSE: GENERAL SUPPORT

$1,600
View Grant Profile

Create an account to unlock the data you need.

or