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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking The Community Foundation Inc.

The Community Foundation Inc.

Fiscal year ending 2017. Filed on November 14, 2018.

3409 W Moore Street
Building
Richmond, Virginia 23230

The Community Foundation Inc. (EIN: 23-7009135) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2017 IRS Form 990 filing, The Community Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 45 total employees. Among the employees shown here, the average compensation is $165,076. The highest compensated employee at The Community Foundation Inc. is Sherrie B Armstrong with fiscal year 2017 compensation of $346,177. The Community Foundation Inc. changed its name from The Community Foundation Serving Richmond & Central VA in 2017.

Revenue, expenses, and employee compensation

Revenue

$38,952,342

Expenses

$40,927,134

Employee compensation

$3,437,902
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sherrie B Armstrong
President and Chief Executive Officer
$346,177
$327,813 No related comp$18,364
Karen W Hand
Senior Vice President, Operations
$185,121
$176,110 No related comp$9,011
Barbara Couto Sipe
Executive Director, Msr2020
$137,592
$124,208 No related comp$13,384
Maura D Bittner
Senior Vice President, Philanthropic SERV
$133,662
$126,866 No related comp$6,796
Michelle A Nelson
Chief Financial Officer
$126,122
$119,852 No related comp$6,270
Kathleen R Demro
Vice President, Community Engagement
$114,418
$104,812 No related comp$9,606
Emmett S Blackwell
Chief Community Engagement Officer
$112,442
$109,863 No related comp$2,579

Benchmark Employee Compensation

Non-Employee Board Members

Austin Brockenbrough IV
Director
Christy Cottrell
Director
Dee Ann Remo
Secretary
Dianne L Reynolds-Cane, M.D.
Director
Jamelle Wilson
Director
Jennifer Hunter
Director
John A Luke Jr
Director
John E Kemper
Director
Kirk Tattersall
Director
Kristen Frances Hager
Director
Lawrence L Gray
Director
Lissy Bryan
Director

Contractors

Spider Management Company LLC
Investment Management
$3,129,426

Mission Statement

WE BRING PEOPLE TOGETHER TO TRANSFORM OUR COMMUNITY THROUGH INFORMED AND INSPIRED PHILANTHROPY.

Other organizations also named The Community Foundation

Trout Lake Community Foundation
Trout Lake, Washington
Madelia Community Foundation Inc.
Madelia, Minnesota
Pocahontas Community Foundation
Pocahontas, Iowa
Princess Cruises Community Foundation
Santa Clarita, California
Convoy Community Foundation Inc.
Convoy, Ohio
Eastview Community Foundation
Apple Valley, Minnesota

Revisions to this organization profile

November 11, 2025:
2024 The Community Foundation Inc. 990 filed
November 12, 2024:
2023 The Community Foundation Inc. 990 filed
November 8, 2023:
2022 The Community Foundation Inc. 990 filed

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