Community Foundation
The Community Foundation for a greater Richmond is a 501(c)(3) public charity founded in 1968 that operates as Virginia's largest community foundation, managing donor advised funds, agency funds, scholarship programs, and grantmaking across nine cause areas in the greater Richmond region.
- Company typePrivate
- Founded1968
- HeadquartersRichmond, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Community Foundation does
The Community Foundation for a greater Richmond (also operating as Community Foundation of Richmond) is a 501(c)(3) public charity founded in 1968 and headquartered at 3409 Moore Street in Richmond, Virginia. It is the largest community foundation in Virginia and the third-largest in the U.S. Southeast, serving the greater Richmond region through three regional affiliates (Gloucester, Mathews, and River Counties Community Foundations) and two supporting organizations (R.E.B. Foundation and Jenkins Foundation). The Foundation operates a multi-segment philanthropic model, serving individual donors and families, businesses and corporate giving programs, nonprofit organizations, private foundations and trusts, giving circles, students/scholars, and educators across nine cause areas including affordable housing, education, health, environment, social justice, and workforce.
The Foundation's product portfolio is anchored in Donor Advised Funds (DAFs) and supported by a cloud-based philanthropy management platform. The Fund Advisor Portal (powered by fcsuite.com) provides fund holders with 24/7 access to balances, activity statements, contributions, and grant recommendations. The CFengage Engagement Center connects volunteers, job seekers, and donors with nonprofit opportunities across the region, while the Scholarship Management System (via Grant Interface) offers a universal application that matches students to 70+ qualifying scholarship opportunities. Supporting products include Agency Funds for nonprofits (Endowed Agency Funds at $25,000 minimum and Flexible Agency Funds at $10,000 minimum), themed giving funds (Community Impact Fund, Amandla Fund for Racial & Economic Justice, Fund for Affordable Housing, Conserve the Future Fund, etc.), and philanthropic advisory services covering fund establishment, trust arrangements, and family engagement.
Revenue is generated through management fees on donor advised funds (subscription/recurring), agency fund management fees, grant administration services, and supporting organization administration. Go-to-market motions include direct-to-consumer donor engagement through personalized outreach, sales-led partnerships with professional advisors (financial advisors, accountants, attorneys), community-led nonprofit capacity building, and event-driven engagement (info sessions, volunteer opportunities, community celebrations). In 2025, the Foundation distributed over $5M in Community Impact Grants to 125+ nonprofit partners, and its 2026 MLK Day initiative generated 838 volunteer connections across 23 projects.
Community Foundation firmographics
Firmographics- Name
- Community Foundation
- Legal name
- Community Foundation for a greater Richmond
- Website
- https://cfrichmond.org
- Company type
- Private
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- The Community Foundation for a greater Richmond is a 501(c)(3) public charity founded in 1968 that operates as Virginia's largest community foundation, managing donor advised funds, agency funds, scholarship programs, and grantmaking across nine cause areas in the greater Richmond region.
- Ownership category
- akta.pro rank
Community Foundation industry classification
Industry- Product category
- Community Philanthropy Services
- NAICS
- Grantmaking Foundations (813211), Grantmaking and Giving Services (8132), Environment, Conservation and Wildlife Organizations (813312), Social Advocacy Organizations (8133)
- SIC
- Services-Social Services (8300)
- akta.pro primary industry
- Community Foundations (BPAGAKAB)
- akta.pro secondary industries
- Public Charities & Grantmaking Intermediaries (BPAGAKAE), Social Justice & Human Rights Grantmaking Foundations (BPAGAKAN), Environmental & Climate Grantmaking Foundations (BPAGAKAM)
Keywords
Where Community Foundation is headquartered
LocationHeadquarters
- HQ city
- Richmond
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Community Foundation business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Donor Advised Fund Management: Manages charitable funds for donors who contribute assets, receive investment growth, and recommend grants to nonprofits. Administrative fees support operations.
- Agency Fund Management: Nonprofits establish agency funds at the Foundation with minimums of $10,000-$25,000. The Foundation provides investment oversight, administrative services, and distributions in exchange for management fees.
- Grant Programs: Competitive grant programs including Community Impact Grants (over $5M annually to 125+ nonprofits), affiliate grants, and initiative-specific funding distributed to regional nonprofits.
- Supporting Organization Administration: Administrative support for supporting organizations like the R.E.B. Foundation and Jenkins Foundation, handling grantmaking and operations on their behalf.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Donor Advised Fund |
| Subscription | Annual | Endowed Agency Fund |
| Subscription | Annual | Flexible Agency Fund |
Go-to-market motion4 records
Distribution channels6 records
Marketing channels8 records
Community Foundation product offering
Product offeringCore offering
The Community Foundation for a greater Richmond is a 501(c)(3) public charity that manages philanthropic assets and channels charitable contributions to nonprofits in the greater Richmond region. It offers Donor Advised Funds, Agency Funds for nonprofits, scholarship programs, grantmaking services, and personalized philanthropic advisory services through its Fund Advisor Portal, CFengage Engagement Center, and Scholarship Application System. The Foundation pools donor resources into community impact, affordable housing, education, health, and other cause-specific funds.
Product overview
The Community Foundation for a greater Richmond operates as a philanthropy organization offering a suite of charitable giving products and services centered around Donor Advised Funds. The core product portfolio includes the Fund Advisor Portal (online fund management), the CFengage Engagement Center (volunteer and nonprofit connection platform), and the Scholarship Management System (via Grant Interface). Supporting programs include Community Impact Fund, Agency Funds for Nonprofits, Philanthropic Advisory Services, and grantmaking operations. The organization also administers the R.E.B. Awards for Teaching Excellence and Distinguished Educational Leadership. The architecture is platform-based with the Fund Advisor Portal and CFengage serving as primary digital interfaces for donors, fund holders, and community members. The organization is the largest community foundation in Virginia and third-largest in the southeast.
Differentiator
Problem solved
Functional benefit
Brands
- Community Impact Fund: A fund that broadly supports the region's greatest needs by combining donor contributions to fuel the Foundation's ability to directly and responsively support initiatives driving change.
- Amandla Fund for Racial & Economic Justice
- Conserve the Future Fund
- Fund for Affordable Housing
- Fund for Animal Welfare
- Fund for Cultural Vibrancy
- Fund for Educational Success
- Fund for Health and Wellness
- OuRVA Collective
- SisterFund
- Ujima Legacy Fund
- Mathews Women
- R.E.B. Awards for Teaching Excellence
- R.E.B. Awards for Distinguished Educational Leadership
Products and services
- Donor Advised Funds
- Fund Advisor Portal
- CFengage Engagement Center
- Community Impact Fund
- Scholarship Management System
- Nonprofit Capacity Building Programs
- Grantmaking Services
- Agency Funds for Nonprofits
- Philanthropic Advisory Services
- Giving Circles
Quantifiable outcome
- Over $5 million in Community Impact Grants distributed to 125+ nonprofit partners in 2025
- +4 more outcomes
Companies that use Community Foundation
Customer profileNamed customers9 records
Segments8 records
Ideal customer profiles5 records
Community Foundation technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Community Foundation partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered minor and core.
- Ronald McDonald House Charities of RichmondminorCapital campaign supported by Community Foundation fundholders. RMHC Richmond launching transformative capital campaign to build new 52,000 sq ft facility in Jackson Ward.
- Jenkins FoundationcoreSupporting organization of the Community Foundation promoting health equity. Announced grants to 15 nonprofits across Richmond region continuing nearly 30-year mission.
- SisterFundminorGiving circle of Black women in collaboration with Community Foundation, celebrating 10 years of collective giving and community impact.
- Ujima Legacy FundminorGiving circle founded in 2013 bringing together African American men to increase philanthropic impact and provide seed grants to Black-led nonprofits.
- R.E.B. FoundationcoreSupporting organization established in 1988 by Rudolph and Esther Bunzl. Manages R.E.B. Awards for Teaching Excellence and Distinguished Educational Leadership, plus annual grants for educational and cultural programs.
- Gloucester Community FoundationcoreRegional affiliate extending Community Foundation services to Gloucester County and surrounding areas. Awards grants to nonprofits supporting healthy, vibrant communities.
- Mathews Community FoundationcoreRegional affiliate serving Mathews County with grantmaking and community engagement programs for rural community philanthropy.
- River Counties Community FoundationcoreRegional affiliate covering multiple counties with funds supporting critical community work across the region.
- AltriaminorCorporate partner investing in the nonprofit community through volunteer grants programs.
- CarMaxminorCorporate partner investing in the nonprofit community through volunteer grants programs.
- Henrico CountycorePartnership with Henrico County Affordable Housing Trust Fund representing $60 million commitment to expand homeownership access and strengthen economic mobility.
- Partnership for Housing AffordabilitycoreCollaborative partner working with private homebuilders to deliver affordable housing through Henrico County's $60 million Trust Fund.
- OuRVA CollectiveminorGiving circle partner united around shared values creating collective voice and impact on the Richmond region.
- TargetminorCorporate supporter providing $8,500 in mini-grants to nine organizations for MLK Day initiatives.
- Children's Hospital of Richmond at VCUminorPediatric medical care hub driving increased demand for RMHC Richmond services in the region.
Scale indicators10 records
Recent moves1 record
Expansion highlights5 records
Community Foundation competitors and assessment
Company assessmentDirect peers
- The Cleveland Foundation: One of the largest and oldest community foundations in the U.S., serving Greater Cleveland with a comparable mix of donor advised funds, competitive grantmaking, scholarship administration, and nonprofit capacity building. Most directly comparable in scale and operating model to a large regional community foundation.
- Greater Kansas City Community Foundation: Large multi-county community foundation operating donor advised funds, agency funds, scholarship programs, and supporting-organization administration for the Kansas City region. Directly comparable in product mix, geographic concentration, and diversified fee-based revenue.
- The Pittsburgh Foundation: Regional community foundation with DAFs, agency endowments, scholarship programs, and competitive impact grantmaking serving the Pittsburgh area. Closely aligned with Richmond's scale, multi-channel GTM, and supporting-organization model.
- The Baltimore Community Foundation: Mid-Atlantic community foundation operating donor advised funds, agency funds, scholarship, and civic engagement programs in the Baltimore region. Comparable geography, product suite, and reliance on professional advisor partnerships.
- The Winston-Salem Foundation: Regional community foundation serving Forsyth County and surrounding areas with DAFs, agency funds, scholarships, and competitive grantmaking. Comparable in size, regional concentration, and full-service community foundation model.
- The Community Foundation for Greater Atlanta: One of the largest community foundations in the Southeast, with a comparable mix of donor advised funds, agency funds, impact investing, and nonprofit capacity building. Provides a relevant scale and product-mix benchmark given Richmond's "third-largest in the Southeast" positioning.
Regional players
- Hampton Roads Community Foundation: Virginia-based community foundation serving the Hampton Roads region with a similar DAF, grant, and scholarship offering. Operates in the same state but in a different metropolitan geography, providing a regional benchmark for Virginia community foundation scale and programming.
Broad incumbents
- Fidelity Charitable: The largest national donor advised fund sponsor in the U.S., offering low-cost DAFs integrated with Fidelity's brokerage and wealth platforms. Directly competes with community foundation DAFs on price, scale, and digital experience, representing the primary competitive threat to regional DAF growth.
- Schwab Charitable: Major national donor advised fund sponsor affiliated with Charles Schwab, offering integrated DAF, brokerage, and wealth-management services. Represents a similar competitive threat to community foundation DAF offerings on price and one-stop-shop convenience.
- Foundation Source: Leading national provider of administrative services for private foundations, including back-office grantmaking, compliance, and tax administration. Comparable to the Community Foundation's supporting-organization and private foundation administration services, and competes for the same high-net-worth clients.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Community Foundation social profiles
Digital presenceCommunity Foundation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Community Foundation leadership team
Management profileNumber of profiles
Profiles2 records
Community Foundation subsidiaries and ownership
Company hierarchySubsidiaries5 records
Community Foundation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Community Foundation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Community Foundation
What does Community Foundation do?
The Community Foundation for a greater Richmond is a 501(c)(3) public charity that manages philanthropic assets and channels charitable contributions to nonprofits in the greater Richmond region. It offers Donor Advised Funds, Agency Funds for nonprofits, scholarship programs, grantmaking services, and personalized philanthropic advisory services through its Fund Advisor Portal, CFengage Engagement Center, and Scholarship Application System. The Foundation pools donor resources into community impact, affordable housing, education, health, and other cause-specific funds.
Is Community Foundation a public or private company?
Community Foundation is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Community Foundation founded?
Community Foundation was founded in 1968. It employs 11 to 50 people.
Where is Community Foundation based?
Community Foundation is headquartered in Richmond, United States, in the North America region.
How does Community Foundation make money?
Four revenue lines are on record. Donor Advised Fund Management is the primary driver. The others are agency Fund Management, grant Programs and supporting Organization Administration.
Who are Community Foundation's main competitors?
Direct peers on record are The Cleveland Foundation, Greater Kansas City Community Foundation, The Pittsburgh Foundation, The Baltimore Community Foundation, The Winston-Salem Foundation and The Community Foundation for Greater Atlanta. Hampton Roads Community Foundation is listed as a regional player. Broad incumbents are Fidelity Charitable, Schwab Charitable and Foundation Source.
Does Community Foundation have an API?
No public API is recorded for Community Foundation.
What industry is Community Foundation in?
Community Foundation's product category is Community Philanthropy Services. Its primary akta.pro industry code is BPAGAKAB, Community Foundations, with a secondary code of BPAGAKAE, Public Charities & Grantmaking Intermediaries. Its NAICS code is 813211 and its SIC code is 8300.