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Nonprofit · EIN 54-1647385

COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE

Tax-exempt · STAUNTON, VA 24402

Financials

$3.4M$4.1M2023$3.9M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,871,878$3,525,790$346,088$48,995,920$7,496,874$41,499,046
December 31, 2023990$3,369,853$4,143,717-$773,864$45,846,078$6,039,090$39,806,988
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,923,960
Program service revenue
$0
Investment income
$1,916,406
Net gain from sales of assets
$617,784
Other revenue
$31,512

Expenses

Grants and similar amounts paid
$2,556,572
Compensation of officers, directors and key employees
$126,856
Other salaries and wages
$297,070
Salaries, compensation and benefits (total)
$474,317
Professional fundraising fees
$0
Accounting fees
$10,849
Occupancy
$25,499
Depreciation
$723
Program services (functional)
$2,965,798
Management and general (functional)
$498,599
Fundraising (functional)
$61,393

Balance sheet and other

Total assets, start of year
$45,846,078
Total assets, end of year
$48,995,920
Total liabilities, end of year
$7,496,874
Net assets, end of year
$41,499,046
Land, buildings and equipment
$3,437
Publicly traded securities
$44,145,799
Net assets without donor restrictions
$13,761,105
Net assets with donor restrictions
$27,737,941
Gross unrelated business income
-$8,132
Gross receipts
$9,511,204
Employees
5
Volunteers
178
Year formed
1992
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.

NameTitleHours / weekCompensation
WILLIAM D LAYMANPRESIDENT/CE
Trustee or director, Officer
40$126,856
DIANA WILLIAMSCHAIR
Trustee or director, Officer
1$0
TONY DAVENPORTVICE CHAIR
Trustee or director, Officer
1$0
SARA C BERRYSECRETARY/TR
Trustee or director, Officer
1$0
CHARLES ANDERSENDIRECTOR
Trustee or director
1$0
ABBY B AREYDIRECTOR
Trustee or director
1$0
BOYCE E BRANNOCKDIRECTOR
Trustee or director
1$0
BRAD BRYANTDIRECTOR
Trustee or director
1$0
LINNEA HARRISDIRECTOR
Trustee or director
1$0
ASHLIE HOWELLDIRECTOR
Trustee or director
1$0
SAFIYA M JARVISDIRECTOR
Trustee or director
1$0
PRISCILLA P JENKINSDIRECTOR
Trustee or director
1$0
RICHARD KANEDIRECTOR
Trustee or director
1$0
ELSA N KISERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
WILLIAM D LAYMANPRESIDENT/CE
Trustee or director, Officer
40$120,877
SAFIYA M JARVISCHAIR
Trustee or director, Officer
1$0
DIANA WILLIAMSVICE CHAIR
Trustee or director, Officer
1$0
SARA C BERRYSECRETARY/TR
Trustee or director, Officer
1$0
CHARLES ANDERSENDIRECTOR
Trustee or director
1$0
ABBY B AREYDIRECTOR
Trustee or director
1$0
BOYCE E BRANNOCKDIRECTOR
Trustee or director
1$0
TONY DAVENPORTDIRECTOR
Trustee or director
1$0
ASHLIE HOWELLDIRECTOR
Trustee or director
1$0
KELLY M HYSONDIRECTOR
Trustee or director
1$0
PRISCILLA P JENKINSDIRECTOR
Trustee or director
1$0
ELSA N KISERDIRECTOR
Trustee or director
1$0
RICK MOYERSCHAIR
Trustee or director, Officer
1$0
THOMAS E ROBERTSDIRECTOR
Trustee or director
1$0
KIMBERLY SNYDERDIRECTOR
Trustee or director
1$0
LINNEA SPRADLINDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 815, STAUNTON, VA 24402-0815
Principal officer (990 for 2024)
WILLIAM D LAYMAN
Signed the 990
WILLIAM D LAYMAN, PRESIDENT/CEO
Phone
(540) 213-2150
Return prepared by
ELMORE HUPP & COMPANY PLC

Mission

TO ENRICH THE QUALITY OF LIFE BY RESPONDING TO NEEDS AND INSPIRING PHILANTHROPY, PRIMARILY BY PROVIDING LEADERSHIP TO COMMUNITY PARTNERS, BUILDING ENDOWMENT FUNDS, AND MAKING GRANTS TO CHARITABLE ORGANIZATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDES GRANTS TO NONPROFIT ORGANIZATIONS, PRIMARILY TO THOSE ORGANIZATIONS SUPPORTING THE NEEDS OF THE RESIDENTS OF STAUNTON, WAYNESBORO, AND THE COUNTIES OF AUGUSTA, HIGHLAND, AND NELSON IN VIRGINIA. ISSUES GRANTS IN RESPONSE TO APPLICATIONS SUBMITTED TO THE COMMUNITY FOUNDATION THROUGH ITS COMPETITIVE GRANT PROGRAMS, UPON THE RECOMMENDATION OF ITS DONOR-ADVISED FUND PARTNERS, AND AS DETERMINED BY ITS CEO AND BOARD OF DIRECTORS TO ADVANCE STRATEGIC INITIATIVES IN THE COMMUNITY. PROVIDES SCHOLARSHIPS ON A COMPETITIVE BASIS ON BEHALF OF INDIVIDUALS OF ALL AGES SEEKING TO FURTHER THEIR EDUCATION BY REQUESTING NOMINATION FOR AND PROVIDING CASH AWARDS TO SELECT INDIVIDUALS FOR THEIR SIGNIFICANT IMPACT UPON THE EDUCATION OF YOUTH IN STAUNTON,WAYNESBORO, AUGUSTA COUNTY AND NELSON COUNTY.
    Expenses $2,638,618 · grants $2,556,572
  • OTHER
    Expenses $327,180

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
54-1647385
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$48,995,920
Income (IRS master file)
$9,511,204

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,871,878$3,525,790$48,995,920XML
990-TDecember 2024–––IRS
990December 2023$3,369,853$4,143,717$45,846,078XML
990-TDecember 2023–––IRS
990December 2022$8,831,454$3,111,766$41,413,407IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––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 54-1647385).

Questions about COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE

What is the EIN of COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE?
The employer identification number (EIN) of COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE is 54-1647385.
Is COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE 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 COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE 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 COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE 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 COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE?
The 990 for the year ended December 31, 2024 names WILLIAM D LAYMAN.
Who are the officers and directors of COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $126,856 (WILLIAM D LAYMAN, PRESIDENT/CE).
How much revenue does COMMUNITY FOUNDATION OF THE CENTRAL BLUE RIDGE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,871,878, expenses of $3,525,790 and total assets of $48,995,920 at year end.

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