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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 2018. Filed on November 14, 2019.

3409 Moore St
Mailcode 5-32
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 2018 IRS Form 990 filing, The Community Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 7 out of 50 total employees. Among the employees shown here, the average compensation is $183,718. The highest compensated employee at The Community Foundation Inc. is Sherrie Armstrong with fiscal year 2018 compensation of $376,287. The Community Foundation Inc. changed its name from The Community Foundation Serving Richmond & Central VA in 2017.

Revenue, expenses, and employee compensation

Revenue

$61,869,688

Expenses

$42,046,875

Employee compensation

$4,022,261
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sherrie Armstrong
President and Chief Executive Officer
$376,287
$353,901 No related comp$22,386
Emmett S Blackwell
Chief Community Engagement Officer
$211,452
$197,564 No related comp$13,888
Michelle A Nelson
Chief Financial Officer
$158,899
$150,683 No related comp$8,216
Cassandra Emery
Chief Operating Officer
$149,467
$143,692 No related comp$5,775
Maura D Bittner
Senior Vice President, Philanthropic SERV
$142,019
$134,101 No related comp$7,918
Kimberly Russell
Senior Vice President, Marketing and Communications
$131,477
$120,763 No related comp$10,714
Kathleen R Demro
Vice President, Community Engagement
$116,427
$104,862 No related comp$11,565

Benchmark Employee Compensation

Non-Employee Board Members

Austin Brockenbrough IV
Secretary
Christy Cottrell
Director
Dee Ann Remo
Treasurer
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
Maureen C Ackerly
Director

Contractors

Spider Management Company LLC
Investment Management
$2,231,522

Mission Statement

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

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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