Community Foundation

The Community Foundation of the New River Valley Inc

The Community Foundation of the New River Valley Inc, of Christiansburg, VA, is a Community Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $4.0M in revenue, $1.7M in expenses, $19.8M in total assets. 33 publicly reported grants to this organization, totaling roughly $1.5M, appear in IRS filings.

EIN: 541740455 Christiansburg, VA Latest filing: 2024
Total Revenue$4.0M
Total Expenses$1.7M
Total Assets$19.8M
Grant Records33
Funding Total$1.5M
Filing Years2019–2024

Mission

THE MISSION OF THE COMMUNITY FOUNDATION OF THE NEW RIVER VALLEY IS TO ENRICH OUR COMMUNITY BY PROVIDING PROFESSIONAL MANAGEMENT SERVICES TO DONORS FOR THEIR CHARITABLE CAUSES, AWARDING VISIONARY GRANTS AND SCHOLARSHIPS, AND NURTURING COLLABORATIONS IN OUR COMMUNITY.

Officers & Directors

BOARD MEMBER Angela Joyner
BOARD MEMBER Catherine Cotrupi
TREASURER David Riggan
BOARD MEMBER Eric Chapman
SECRETARY F Brad Denardo
BOARD MEMBER Jamie Mcreynolds

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$707,763 1 grant
For grant recipient's exempt purposes
$266,101 7 grants
UNRESTRICTED
$257,070 5 grants
CULTURE & ARTS
$50,000 1 grant
BLUE COLLAR SCHOLARSHIP ENDOWMENT IN HONOR OF TINA KRAYER
$44,333 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.0M $1.7M $19.8M
2023 $2.4M $1.4M $16.7M
2022 $1.4M $1.0M $14.3M
2020 $1.9M $1.0M $12.7M
2019 $1.2M $925K $11.2M

Between 2019 and 2024, reported annual revenue grew from $1.2M to $4.0M (+225%), with total assets most recently reported at $19.8M.

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

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