Greater Washington Community Foundation
Greater Washington Community Foundation
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About this organization
Mission
The Community Foundation exists to build thriving communities by guiding strategic philanthropy, providing leadership on critical issues, promoting civic engagement, and inspiring local giving. Established in 1973, The Community Foundation is a public charity made up of hundreds of charitable giving funds established by generous individuals, families, and businesses. With a local presence in DC, Montgomery County, Prince George’s County, and Northern Virginia, we partner with donors and nonprofits throughout the region to help make their vision for lasting change a reality. As the region’s largest local funder, we manage over $350 million in assets and have invested more than $1.3 billion to build more equitable, just, and enriching communities where all residents can thrive.
About
Administration of charitable giving vehicles designed to facilitate the philanthropic intent of individuals, corporations, foundations and groups via donor advised, field of interest, designated or other fund types. Administration consists of gift receipt and acknowledgment, investment of fund assets, processing, and disbursing grants to nonprofit entities according to the terms of each individual fund. The Greater Washington Community Foundation currently provides administrative services to over 700 funds.
Interesting data from their 2020 990 filing
The purpose of the non-profit is outlined in the filing as “The mission of the greater washington community foundation is to strengthen the washington metropolitan region by encouraging and supporting effective giving and by providing leadership on critical issues in our community. through our deep knowledge of the region and prudent financial management, we provide an effective and efficient means for charitable dollars to reach the people and organizations that need them. we are a community of givers who want to make a difference in the greater washington region and beyond.”.
When discussing its operations, they were defined as: “Strengthening the washington metropolitan region by encouraging region by encouraging and supporting effective charitable giving, and by providing leadership on critical issues in our community.”.
- The state where the non-profit operates has been legally reported as DC.
- The filing indicates that the non-profit's address in 2020 is located at 1325 G STREETNW SUITE 480, WASHINGTON, DC, 20005.
- The non-profit has reported 56 employees on their form as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Provides credit counseling.
- Has foreign activities.
- Is a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $4,397,351.
- The CEO's remuneration policy within the organization is established through an impartial review and endorsement process.
- The organization elects its board members.
- The organization has a written policy that describes how long it will retain documents.
- The organization has a foreign financial account.
- The organization has 24 independent voting members.
- The organization was formed in 1973.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule B.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization engages in lobbying activities.
- The organization pays $4,127,526 in salary, compensation, and benefits to its employees.
- The organization pays $1,418,804 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization has fundraising events.
- The organization has grants to organizations.
- The organization's financial statements were reviewed by an accountant.
Additional Non-Profits in the area
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