What The Community Foundation of Harrisonburg and Rockingham County does

The Community Foundation of Harrisonburg and Rockingham County (TCFHR) is a 501(c)(3) public charity and accredited community foundation serving Harrisonburg and Rockingham County, Virginia, founded in 1998. It operates as a regional philanthropic infrastructure provider, connecting individual donors, families, private foundations, businesses, and professional advisors (financial planners, attorneys, accountants) with local nonprofit organizations and student scholarship recipients. The foundation manages charitable funds on behalf of donors — including Donor-Advised Funds, Designated Funds, Area of Interest Funds, Agency Funds, Pass-Through Gifts, and perpetual endowments branded as "Forever Funds" — and administers charitable giving vehicles including the Qualified Charitable Distribution (QCD) program and the Virginia Education Improvement Scholarships Tax Credit Program (EISTCP), the latter providing 65% Virginia state tax credits to donors funding scholarships for low-income PK-12 students at non-public schools.

TCFHR's core technology stack is specialized fund accounting software (Foundant/CommunitySuite) used for donor services, grantmaking, and scholarship administration; the foundation does not operate a proprietary technology platform, developer APIs, or consumer applications. Service delivery is relationship-based and in-person, supported by a 15-person staff led by Executive Director Revlan S. Hill (since 2006). Distribution channels include a competitive annual grant cycle, scholarship administration to 140+ students across 30+ institutions, the Great Community Give online giving day, the Dolly Parton's Imagination Library book-gifting program (3,500+ enrolled children), and an annual Giving Back Guide directory profiling 75+ local nonprofits.

The revenue model is administrative fees on managed charitable funds, supplemented by flat transaction fees on QCD program usage and pass-through facilitation of state tax-credit donations. The organization carries no outside investors, no parent company, and no subsidiaries; it is governed by a volunteer Board of Directors drawn from local government, legal, financial, and business leadership. As of FY2025, TCFHR held $97.2M in net assets (with $110M+ cited in some disclosures), received $11.3M in total gifts, awarded $9.3M in grants, and managed 358 charitable funds — accumulating to $92.9M awarded since inception.

Name

The Community Foundation of Harrisonburg and Rockingham County

Legal name

The Community Foundation of Harrisonburg and Rockingham County

Website

https://tcfhr.org

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

The Community Foundation of Harrisonburg and Rockingham County is a 501(c)(3) community foundation that manages charitable funds, awards grants and scholarships, and administers giving programs for donors, nonprofits, and professional advisors across Harrisonburg and Rockingham County, Virginia.

Ownership category

akta.pro rank

Product category

Community Foundation Services

NAICS

Grantmaking and Giving Services (81321), Religious, Grantmaking, Civic, Professional, and Similar Organizations (813), Civic and Social Organizations (813410)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industry

College Access, Scholarships & Student Success Nonprofits (BPAGADAE)

Keywords

• Community foundation services
• Donor-advised funds
• Charitable giving
• Scholarship administration
• Nonprofit grantmaking

Headquarters

HQ city

Harrisonburg

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Administrative Fees on Managed Funds: Fees charged for managing donor-advised funds, designated funds, agency funds, and other charitable funds. Fee structure is competitive, with 100% of fees supporting community-focused programming and resources.
2. QCD Program Fee: Flat fee of $100 plus 5% of total gift (minimum $500) for non-fundholders using the Qualified Charitable Distribution program. The $100 covers administrative costs and the 5% supports community endowments.
3. Virginia Education Improvement Scholarships Tax Credit Program: Facilitates donations for Virginia's EISTCP, providing scholarships for low-income students at non-public PK-12 schools. Individual/business donors receive 65% state tax credit.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

The Community Foundation of Harrisonburg and Rockingham County (TCFHR) is a 501(c)(3) public charity and community foundation that manages more than $110 million in charitable assets through 358 funds. It administers donor-advised funds, designated funds, scholarships, agency funds, and endowments; awards grants to local nonprofits; and runs community initiatives including the Great Community Give annual giving day and Dolly Parton's Imagination Library book gifting program.

Product overview

The Community Foundation of Harrisonburg and Rockingham County operates as a community foundation offering a comprehensive suite of philanthropic services. The core offerings include Forever Funds (endowed charitable endowments), Scholarship Programs (over $283,000 annually to 140+ students), and Community Grants (competitive funding for local nonprofits). Supporting programs include the Great Community Give annual giving day, Dolly Parton's Imagination Library book gifting program, and the Giving Back Guide annual nonprofit directory. The foundation manages multiple fund types including Donor-Advised Funds, Designated Funds, Area of Interest Funds, Agency Funds, and Pass Through Gifts. Professional development offerings include the Rocco Fellows Program and Rocco Capacity-Building Grants for nonprofit leaders. The foundation also administers the Virginia Education Improvement Scholarships Tax Credit Program and Qualified Charitable Distribution Program. The organization connects donors with nonprofits through grantmaking, fundraising support, and community initiatives focused on education, nonprofit capacity, and donor services.

Differentiator

Problem solved

Functional benefit

Products and services

• Forever Funds (Endowments) Endowed charitable funds that provide permanent, sustainable support to community causes. Donors establish funds that grow over time while generating annual distributions to selected charities or causes in perpetuity.
• Scholarship Programs Scholarship awards supporting local students pursuing vocational certifications and academic degrees. The foundation awards over $283,000 annually to 140+ students across 30 institutions through various named scholarship funds.
• Community Grants Competitive grant funding for local nonprofit organizations in Harrisonburg and Rockingham County, including restricted grants for specific focus areas (arts, healthcare, animals, food security) and unrestricted grants at committee discretion.
• Donor-Advised Funds Charitable funds allowing donors to participate in grant-making by recommending grants to nonprofits over time, providing maximum flexibility in giving to a variety of causes on the donor's schedule.
• Designated Funds Funds established by donors to benefit specific nonprofit organizations, with grants made automatically each year to named organizations, allowing charities to budget around predictable income.
• Area of Interest Funds Funds established to benefit organizations working in specific fields (such as history, animals, health services), allowing flexibility to support any organization working within that field without naming a specific nonprofit.
• Pass Through Gifts Gifts processed and sent directly to nonprofits immediately or over a period of time, ideal for one-time gifts, non-cash gifts to nonprofits that cannot accept them directly, and donors seeking anonymity.
• Agency Funds Investment and endowment administration services for nonprofit organizations, allowing agencies to utilize TCFHR's investment oversight expertise while building reserves for long-term sustainability.
• Virginia Education Improvement Scholarships Tax Credit Program Virginia state tax credit program (65% credit) supporting scholarships for qualified low-income students at non-public PK-12 schools. Donors receive state tax credits for contributions to scholarship funds.
• Qualified Charitable Distribution (QCD) Program Program allowing donors age 70½ or older to make direct charitable transfers from their IRA, lowering taxable income. TCFHR processes QCDs and forwards funds to designated charities on behalf of donors; charges a flat $100 fee plus 5% of total gift (minimum $500) for non-fundholders.
• Great Community Give Annual online giving day connecting donors with local nonprofits, raising millions for area charities each April. The event has helped 150+ nonprofits raise over $12 million in nine years.
• Dolly Parton's Imagination Library Monthly book gifting program that mails free, age-appropriate books to children under five in Harrisonburg and Rockingham County. A community foundation initiative in collaboration with The Dollywood Foundation.
• Giving Back Guide Annual nonprofit directory published in print and digital formats, connecting donors with local charitable organizations and their funding needs. Features 75+ local nonprofits.
• Rocco Fellows Program Nine-month fellowship program for nonprofit professionals offering professional development and group coaching sessions, funded by the Rocco Legacy Endowment. Inaugural cohort of 13 fellows launched in 2026.
• Rocco Capacity-Building Grants Grants strengthening nonprofit organizational capacity by supporting purchase of tools to improve efficiency, tracking, or management, or hiring expert consultants for planning, training, and analysis. Approximately $10,000 awarded annually.

Quantifiable outcome

• $9.3 Million in grants awarded in 2025
• +6 more outcomes

Named customers5 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Ten partnerships are on record, tiered core and minor.

• The Dollywood FoundationcoreStrategic or Co-development PartnerCollaboration for Dolly Parton's Imagination Library monthly book gifting program. TCFHR serves as local host organization, mailing free books to children under 5 in Harrisonburg and Rockingham County. Partnership includes program management, enrollment, and community outreach.
• 211VAminorStrategic or Co-development PartnerNonprofit resource directory partnership. 211VA provides comprehensive directory of nonprofit resources in Virginia, complementing TCFHR's local nonprofit support services.
• Virginia Department of EducationcoreStrategic or Co-development PartnerAuthorized as approved scholarship foundation for Virginia's Education Improvement Scholarships Tax Credit Program (EISTCP). Accepts donations for scholarships to qualified low-income students at non-public PK-12 schools in Virginia.
• BotkinRose PLCminorImplementation/ SI/ Consulting PartnerProfessional partner providing legal services. Matthew W. Light, partner at BotkinRose, also serves on TCFHR Board of Directors.
• Clark & BradshawminorImplementation/ SI/ Consulting PartnerProfessional partner providing legal and accounting services including attorneys and CPAs specializing in estate planning and elder law.
• Beth Driver Law, PLCminorImplementation/ SI/ Consulting PartnerProfessional partner providing elder law, estate and trust planning and administration services. Beth Driver serves on TCFHR Board of Directors as Vice Chair.
• Flora PettitminorImplementation/ SI/ Consulting PartnerProfessional partner providing legal services including estate planning and business law.
• Lakeside Book CompanyminorGTM or Marketing PartnerBook donation partner for Dolly Parton's Imagination Library program. Contributes financial support and/or donations of children's books for outreach program.
• Green Valley BooksminorGTM or Marketing PartnerBook donation partner for Dolly Parton's Imagination Library program. Contributes financial support and/or donations of children's books.
• Booksavers of VirginiaminorGTM or Marketing PartnerBook donation partner for Dolly Parton's Imagination Library program. Contributes financial support and/or donations of children's books.

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Fidelity Charitable: National donor-advised fund sponsor and the largest in the U.S. Competes for charitable giving dollars with a low-fee, technology-driven model that draws donors away from community foundations.
• Schwab Charitable: National donor-advised fund sponsor integrated with Schwab brokerage. Represents competitive pressure on community foundations by offering similar services with national reach and lower fees.
• National Philanthropic Trust: National donor-advised fund sponsor providing institutional giving solutions. Competes for charitable assets with scale advantages and multi-charitable strategy capabilities.

Direct peers

• Charlottesville Area Community Foundation: Virginia-based community foundation serving the Charlottesville region. Same geographic state, similar community foundation structure with donor-advised funds, competitive grants, and scholarships.
• Northern Piedmont Community Foundation: Virginia-based community foundation serving Culpeper, Fauquier, Rappahannock, and Madison counties with similar donor-advised funds and competitive grantmaking. Comparable regional community foundation scale.
• The Community Foundation of Western Virginia: Regional community foundation serving western Virginia with comparable donor services, grantmaking, and scholarship offerings. Closely aligned operating model and regional scope.
• The Foundation for Roanoke Valley: Regional community foundation serving the Roanoke Valley in Virginia with comparable endowment management, competitive grants, scholarships, and donor services.
• Community Foundation of the New River Valley: Virginia community foundation serving the New River Valley with similar donor-advised fund, grantmaking, and scholarship services. Comparable size and mission focus.
• The Community Foundation of Greater Des Moines: Regional community foundation serving Greater Des Moines with similar donor-advised funds, competitive grants, and scholarship programs. Comparable scale and operating model as a single-region community foundation.

Others

• Council on Foundations: National membership association for U.S. foundations and corporate giving programs. Provides peer accreditation frameworks (including National Standards) and industry support relevant to TCFHR's accreditation and operations.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TCFHR
• LinkedInlinkedin.com/company/tcfhr
• Instagraminstagram.com/tcf_hr

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles23 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Community Foundation of Harrisonburg and Rockingham County