Nonprofit · EIN 54-1506312
CHARLOTTESVILLE AREA COMMUNITY FOUNDATION
Tax-exempt · CHARLOTTESVLE, VA 22902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $39,042,429 | $34,865,645 | $4,176,784 | $292,325,553 | $26,557,737 | $265,767,816 |
| December 31, 2023 | 990 | $29,228,230 | $30,468,022 | -$1,239,792 | $297,514,304 | $43,769,442 | $253,744,862 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $19,836,376
- Program service revenue
- $0
- Investment income
- $15,669,323
- Net gain from sales of assets
- $9,056,098
- Other revenue
- $3,536,730
Expenses
- Grants and similar amounts paid
- $29,585,426
- Compensation of officers, directors and key employees
- $333,648
- Other salaries and wages
- $1,462,153
- Salaries, compensation and benefits (total)
- $2,201,059
- Professional fundraising fees
- $0
- Legal fees
- $9,508
- Accounting fees
- $116,454
- Occupancy
- $114,841
- Program services (functional)
- $31,824,577
- Management and general (functional)
- $2,752,729
- Fundraising (functional)
- $288,339
Balance sheet and other
- Total assets, start of year
- $297,514,304
- Total assets, end of year
- $292,325,553
- Total liabilities, end of year
- $26,557,737
- Net assets, end of year
- $265,767,816
- Publicly traded securities
- $214,411,655
- Net assets without donor restrictions
- $251,327,228
- Net assets with donor restrictions
- $14,440,588
- Gross unrelated business income
- $486,958
- Gross receipts
- $39,058,228
- Employees
- 19
- Volunteers
- 41
- Year formed
- 1967
- State of legal domicile
- VA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRENNAN GOULD | PRESIDENT, TREASURER & CEO Trustee or director, Officer | 40 | $300,202 | $33,446 |
| RYAN JACOBY | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $167,153 | $20,759 |
| EBONI BUGG | DIRECTOR OF COMMUNITY INVE Highest-paid employee | 40 | $152,092 | $20,607 |
| TERREL WHITE | DIRECTOR OF ADVANCEMENT Highest-paid employee | 40 | $124,800 | $14,518 |
| ALEXANDER GROSS | SR. PROGRAMS MANAGER Highest-paid employee | 40 | $104,875 | $14,704 |
| JUSTIN REID | SR. PROGRAMS MANAGER Highest-paid employee | 40 | $102,752 | $13,806 |
| MR JOSEPHUS ALLMOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR ANTWON BRINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR BOB DOWNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS HELENE DOWNS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS LIBBY EDWARDS-ALLBAUGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR CHARLES LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR RAY MISHLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS ASHLEIGH O'BRIEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR GLENN RUST | DIRECTOR Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MRS DIANE SCHMIDT | DIRECTOR Trustee or director | 1 | $0 |
| MR ROBERT D SWEENEY | DIRECTOR Trustee or director | 1 | $0 |
| MS BETHAN TEACHMAN | DIRECTOR Trustee or director | 1 | $0 |
| MS ANDREA ROBERTS | CHAIR Trustee or director, Officer | 1 | $0 |
| MRS KRISTIN HENNINGSEN | VICE-CHAIR Trustee or director, Officer | 1 | $0 |
| JAKE ZARNEGAR | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRENNAN GOULD | PRESIDENT, TREASURER & CEO Trustee or director, Officer | 40 | $274,500 | $31,489 |
| RYAN JACOBY | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $155,942 | $20,376 |
| EBONI BUGG | DIRECTOR OF COMMUNITY INVESTMENT Highest-paid employee | 40 | $144,022 | $19,173 |
| KATIE KLING | SR. DONOR RELATIONSHIP MANAGER Highest-paid employee | 40 | $119,755 | $19,329 |
| ALEXANDER GROSS | SR. PROGRAMS MANAGER Highest-paid employee | 40 | $100,800 | $10,552 |
| MR JOSEPHUS ALLMOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR ANTWON BRINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR BOB DOWNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS HELENE DOWNS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS LIBBY EDWARDS-ALLBAUGH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR CHARLES LEWIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR RAY MISHLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS ASHLEIGH O'BRIEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR GLENN RUST | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MRS DIANE SCHMIDT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MR ROBERT D SWEENEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS BETHAN TEACHMAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MS ANDREA ROBERTS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MRS KRISTIN HENNINGSEN | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JAKE ZARNEGAR | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1767, CHARLOTTESVLE, VA 22902-1767
- Principal officer (990 for 2024)
- LESLIE LYNN SMITH, 410 E WATER STREET, CHARLOTTESVILLE, VA 22902
- Signed the 990
- LESLIE LYNN SMITH, CEO
- Phone
- (434) 296-1024
- Website
- WWW.CACFONLINE.ORG
- Return prepared by
- KEITER STEPHENS HURST GARY & SHREAVES
Mission
CREATE EQUITABLE, SUSTAINABLE, LIFE-IMPROVING OPPORTUNITIES IN CHARLOTTESVILLE AND COUNTIES OF ALBEMARLE, BUCKINGHAM, FLUVANNA, GREENE, LOUISA, NELSON, AND ORANGE. WORK WITH DONORS TO FULFILL THEIR INTERESTS AND CONDUCT CHARITABLE GIVING.
Program accomplishments
- WE ARE A COMMUNITY-CENTERED, EQUITY-FORWARD ORGANIZATION COMMITTED TO HELPING OUR REGION BE A PLACE WHERE EVERYONE CAN BELONG, CONTRIBUTE, PARTICIPATE, AND THRIVE. THE COMMUNITY FOUNDATION IS A DYNAMIC PARTNER IN COMMUNITY INVESTMENTS AND CHARITABLE GIVING STRATEGIES THAT ATTRACT DONORS ACROSS THE REGION LOOKING TO LEVERAGE THEIR GENEROSITY. WE MANAGE HUNDREDS OF COMPONENT FUNDS THAT DISTRIBUTE RESOURCES AMONG BROAD IMPACT AREAS MAKING GRANTS TO NONPROFITS, SCHOLARSHIPS TO STUDENTS, AND INVESTING IN THE SUSTAINABILITY AND CAPACITY BUILDING OF ORGANIZATIONS THROUGHOUT THE REGION. THE FOUNDATION CONTINUES TO SUPPORT AND FULFILL MULTI-YEAR COMMITMENTS THROUGH ITS DISCRETIONARY GRANTS PORTFOLIO, AND AIMS TO LAUNCH NEW PROGRAMS THAT RESPOND TO THE CHANGING NEEDS OF THE REGION.Expenses $31,824,577 · grants $29,585,426
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 54-1506312
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $292,325,553
- Income (IRS master file)
- $39,058,228
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $39,042,429 | $34,865,645 | $292,325,553 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $29,228,230 | $30,468,022 | $297,514,304 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $34,031,723 | $22,101,245 | $282,309,437 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1506312).
Questions about CHARLOTTESVILLE AREA COMMUNITY FOUNDATION
- What is the EIN of CHARLOTTESVILLE AREA COMMUNITY FOUNDATION?
- The employer identification number (EIN) of CHARLOTTESVILLE AREA COMMUNITY FOUNDATION is 54-1506312.
- Is CHARLOTTESVILLE AREA COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to CHARLOTTESVILLE AREA COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHARLOTTESVILLE AREA COMMUNITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CHARLOTTESVILLE AREA COMMUNITY FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHARLOTTESVILLE AREA COMMUNITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CHARLOTTESVILLE AREA COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 names LESLIE LYNN SMITH.
- Who are the officers and directors of CHARLOTTESVILLE AREA COMMUNITY FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 21 people; 6 received compensation from the organization, the highest $300,202 (BRENNAN GOULD, PRESIDENT, TREASURER & CEO).
- How much revenue does CHARLOTTESVILLE AREA COMMUNITY FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $39,042,429, expenses of $34,865,645 and total assets of $292,325,553 at year end.
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- QUANTITATIVE FOUNDATION EIN 26-3922404 · last filed 990-PF for 2024
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- THE LOUIS AND LINI LIPTON FOUNDATION EIN 45-1735243 · last filed 990-PF for 2025
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All nonprofits in CHARLOTTESVLE · Virginia · Philanthropy, voluntarism and grantmaking foundations