Virginia · Nonprofit
CARILION CLINIC FOUNDATION
CARILION CLINIC FOUNDATION (Virginia) receives grants from 40 organizations whose IRS filings report $34,840,447 to it, the largest being TAUBMAN FOUNDATION FOR THE ARTS ($24,872,012). 16 of them have funded it in more than one year.
- Revenue FY2025
- $15M
- Funders on record
- 40
- Grants received
- $35M
- Net assets
- $85M
What Carilion Clinic Foundation does
Mission
Our mission is to improve the health of the communities served by carilion clinic through fundraising, asset management, grants, projects, and related activities to support patient care, community needs, medical research, and capital needs.
As stated on its FY2025 Form 990.
Program
The Carilion Clinic Foundation supports development and outreach and secures philanthropic support for carilion clinic's 7 hospitals and multiple clinic sites. Gifts to the foundation support carilion clinic's patient care, community outreach, medical research and capital needs.
$2,352,986 spentof which $1,673,250 as grants$2,099,747 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $2,352,986.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $15M to $48M (+215%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 1% · 2019 0% · 2021 0% · 2022 0% · 2023 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
51% of CARILION CLINIC FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Robert Bennett
Director/chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 5 funders to 19 funders, grant income rose $33k → $7.4M.
7 of 40 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $197k from 2 payers (the payer shares this organization's board, largest United Way of Virginia's Blue Ridge Inc). These are real filings, and they are not money CARILION CLINIC FOUNDATION raised.
From the IRS filings of CARILION CLINIC FOUNDATION’s funders (the co-funder graph). Top 30 of 40 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CARILION CLINIC FOUNDATION leans on a few funders — its largest provides 71% of grant income and the top three 86%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 61% · 2018 67% · 2019 83% · 2020 94% · 2021 95% · 2022 90% · 2023 74% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
50% of CARILION CLINIC FOUNDATION's funders are still giving 3 years after their first grant; 40% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
98% of CARILION CLINIC FOUNDATION's grant income comes from Virginia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.5M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CARILION CLINIC FOUNDATION runs a healthier operating margin than three-quarters of the 2,843 health nonprofits its size.
this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025
Organizations like CARILION CLINIC FOUNDATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
54% of spending goes to programs.
Governance
Public support
46%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 32 related entities
- Harwick Real Estate LLC · disregarded
- Carilion Clinic · exempt
- Carilion Franklin Memorial Hospital · exempt
- Carilion Giles Community Hospital · exempt
- Carilion Medical Center · exempt
Screen this organization
A dated, signed PDF of the compliance screen for CARILION CLINIC FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CARILION CLINIC FOUNDATION?
- CARILION CLINIC FOUNDATION (Virginia) receives grants from 40 organizations whose IRS filings report $34,840,447 to it, the largest being TAUBMAN FOUNDATION FOR THE ARTS ($24,872,012). 16 of them have funded it in more than one year.
- How many funders does CARILION CLINIC FOUNDATION have?
- IRS filings report 40 organizations giving $34,840,447 in grants to CARILION CLINIC FOUNDATION, 16 of which have funded it in more than one year.
- Who is the largest funder of CARILION CLINIC FOUNDATION?
- TAUBMAN FOUNDATION FOR THE ARTS is the largest funder on record, with $24,872,012 in grants. The full list of funders is on this page.
- How can an organization like CARILION CLINIC FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 40 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing