THE COMMUNITY FOUNDATION INC

EIN 237009135 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$330.16M
at fiscal year end
Grants out
$50.29M
from DAF accounts
Contributions in
$52.19M
received into DAFs
Payout rate
15.2%
median is 12.5%
Accounts
678
funds held at year end
Average account
$487K
assets per fund

At 15.2%, this sponsor paid out above the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$223.1M
FY2019
$248.1M
FY2020
$297.5M
FY2021
$305.6M
FY2022
$330.2M
FY2023

Grants paid by year

$28.1M
FY2019
$32.0M
FY2020
$33.3M
FY2021
$44.5M
FY2022
$50.3M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 3,522 grant lines totalling $240.9M across 2019–2024 — $68K per line.

$4.2M of this sponsor’s grants went to other DAF sponsors — 2% of its itemized grantmaking. Money moved between sponsors is reported as a grant, but it has not yet reached a working charity. This total counts only organizations whose donor-advised fund program is their primary activity, so grants to universities and hospitals that happen to run a DAF on the side are excluded.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Virginia Student Aid FoundationEIN 540517188 VA$6.6M
Medical College Of Virginia Foundationvcu Massey Cancer CenterEIN 546053660 VA$6.2M
City of HopeEIN 953435919 CA$5.9M
Better Housing CoalitionEIN 541479059 VA$5.4M
Ymca Of Greater RichmondEIN 540505986 VA$4.5M
National Fish And Wildlife FoundationEIN 521384139 DC$3.5M
United Way of Greater RichmondEIN 237375346 VA$3.5M
Boys & Girls Clubs Of Metro RichmondEIN 540564901 VA$3.3M
Charity WaterEIN 223936753 NY$3.0M
Virginia Museum Of Fine Arts FoundationEIN 510205333 VA$2.9M
Childsavers-Memorial Child Guidance ClinicEIN 540505927 VA$2.6M
Virginia Community Capital IncEIN 541754009 VA$2.5M
Anna Julia Cooper Episcopal SchoolEIN 270407231 VA$2.3M
Powhatan Education FoundationEIN 452997389 VA$2.3M
Virginia Historical SocietyEIN 540419452 VA$2.1M

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.