Community Foundation for a greater Richmond

The Community Foundation for a greater Richmond is a nonprofit organization dedicated to enhancing the quality of life in Richmond and Central Virginia. It achieves this by promoting philanthropy, civic engagement, and empowering donors and community partners. The foundation also provides stewardship of community resources.

Mission and Activities

The foundation focuses on initiatives that help address social challenges such as poverty by supporting efforts to secure safe and affordable housing and promote economic prosperity. It collaborates with local nonprofits, fostering a collaborative environment to achieve greater impact in the region.

Impact

The Community Foundation supports various community projects, including initiatives at the Michael Wassmer 1717 Innovation Center in downtown Richmond. This center hosts organizations like Startup Virginia, Bridging Virginia, and the Metropolitan Business League, which collectively provide a supportive environment for entrepreneurial and small business development, particularly among underrepresented groups.

Philanthropic Initiatives

The foundation facilitates the establishment of donor-advised funds, such as the Holliday Family Fund for Scholarships, which was set up by Iris E. Holliday and her sons to support educational opportunities. It also awards Community Impact Grants to projects aimed at closing opportunity gaps and advancing economic prosperity.

Governance and Structure

As a community foundation, it enables donors to contribute to the community through various philanthropic means, ensuring that resources are effectively managed and utilized to benefit the local community.

The foundation is registered under the EIN 237009135, and its efforts are directed towards making a positive difference in the lives of individuals and families across Richmond and Central Virginia.