Community Foundation

Community Foundation for RockbridgeBath & Allegh

Community Foundation for RockbridgeBath & Allegh is a Community Foundation headquartered in Lexington, VA. Financial data from the 2024 filing: $1.7M revenue, $1.3M expenses, $10.2M total assets. 21 publicly reported grants to this organization, totaling roughly $520K, appear in IRS filings.

EIN: 273422429 Lexington, VA Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$1.7M
Total Expenses$1.3M
Total Assets$10.2M
Grant Records21
Funding Total$520K
Filing Years2020–2024

Mission

TO IMPROVE THE QUALITY OF LIFE IN THE FOUNDATIONS SERVICE AREA BY BUILDING PERMANENT ENDOWMENTS AND PROVIDING PHILANTHROPIC LEADERSHIP.

Where $100 goes at Community Foundation for RockbridgeBath & Allegh

How Community Foundation for RockbridgeBath & Allegh divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$92 Programs the work itself
$6 Management running the organization
$2 Fundraising raising the next dollar

Inside the $92 for programs

$92
Administration and distribution of funds to enhance community development
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Vice Chairman Ben Worth
Officer Charles Barger
Officer Christy Harris
Officer Elizabeth Knapp
Chairman Greg Madsen
Officer Ingrid Barber

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$300,200 12 grants
Human & Social Services
$100,000 1 grant
Economic Development
$74,133 4 grants
Public Safety & Disaster Relief
$25,000 1 grant
Education
$10,496 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.7M $1.3M $10.2M
2023 $1.2M $644K $9.1M
2022 $919K $513K $7.0M
2021 $1.9M $645K $7.7M
2020 $682K $505K $5.5M

Between 2020 and 2024, reported annual revenue grew from $682K to $1.7M (+153%), with total assets most recently reported at $10.2M.

Interactive year-over-year charts and full filing details available with membership.

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