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Organizations Philanthropy, Voluntarism & Grantmaking The Community Foundation Inc.

The Community Foundation Inc.

Fiscal year ending 2022. Filed on November 8, 2023.

3409 Moore Street
U234
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 2022 IRS Form 990 filing, The Community Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 71 total employees. Among the employees shown here, the average compensation is $195,282. The highest compensated employee at The Community Foundation Inc. is Sherrie Armstrong with fiscal year 2022 compensation of $442,135. The Community Foundation Inc. changed its name from The Community Foundation Serving Richmond & Central VA in 2017.

Revenue, expenses, and employee compensation

Revenue

$73,819,755

Expenses

$72,125,488

Employee compensation

$6,724,507
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sherrie Armstrong
President and Chief Executive Officer
$442,135
$420,179 No related comp$21,956
Emmett S Blackwell
Chief Community Impact Officer
$230,572
$213,202 No related comp$17,370
Michelle A Nelson
Chief Financial Officer
$218,905
$187,063 No related comp$31,842
Cassandra Emery
Chief Operating Officer
$186,363
$177,979 No related comp$8,384
Katherine Busser
Vice President, Information Systems
$166,835
$146,532 No related comp$20,303
Maura D Bittner
Chief Philanthropy Officer
$161,192
$153,182 No related comp$8,010
Kimberly Russell
Senior Vice President, Marketing
$158,107
$144,170 No related comp$13,937
Vanessa Diamond
Senior Vice President, Civic Engagement
$154,967
$148,551 No related comp$6,416
Lauren G Shephard
Vice President, Finance and Controller
$118,379
$112,947 No related comp$5,432
Amy Singleton
Vice President, Philanthropic Services
$115,364
$102,821 No related comp$12,543

Benchmark Employee Compensation

Non-Employee Board Members

Austin Brockenbrough IV
Chair
Carter M Reid
Board Member
Charles E Agee III
Board Member
J Conrad Garcia
Board Member
Jayme Swain
Board Member
Jennifer Hunter
Vice Chair
John E Kemper
Board Member
Kristen F Hager
Secretary
Kristian M Gathright
Board Member
Lawrence L Gray
Board Member Through 12/31/2022
Mark J Hourigan
Board Member
Michael S Beall
Treasurer Through 12/31/2022

Contractors

Spider Management Company LLC
Investment Management
$2,537,099
West Cary Group LLC
Website Consultant
$350,710
Super-Server LLC Dba Proxios
Technology Support
$186,990
Gloria Johnson-Cusack Consulting LLC
DEI Consultant
$126,000

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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