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Virginia · Nonprofit

CENTRA HEALTH FOUNDATION

CENTRA HEALTH FOUNDATION (Virginia) receives grants from 37 organizations whose IRS filings report $9,423,870 to it, the largest being THE ABE COHEN TR FBO CENTRA HLTH ($2,810,615). 27 of them have funded it in more than one year.

Revenue FY2024
$4.9M
Funders on record
37
Grants received
$9.4M
Net assets
$82M
27/37 repeat funderspeak grant-dependency 36%
01What it does

What Centra Health Foundation does

Mission

To provide support to the centra healthcare system.

As stated on its FY2024 Form 990.

Program

  1. The centra foundation has made a wide range of contributions toward the health care needs of our region. Funds raised in 2024 to support centra health, inc in continuing to provide quality healthcare to the residents of lynchburg, va and the surrounding communities were: a - support centra health, inc in continuing to provide quality healthcare to the residents of lynchburg, va and the surrounding communities. For the year ending 12/31/2024 the foundation provided $6,335,645 in support to centra health, inc. B - develop resources of $948,979 to fund indigent patient care at centra health facilities in 2024. C - assist centra health, inc. By providing equipment and facilities funding of $99,538 in 2024.

    $6,521,423 spentof which $6,335,645 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $6,521,423.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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.

100 = 20182018 Revenue 100 ($6.6M) Expenses 100 ($8.6M) Net assets 100 ($65M)2019 Revenue 86 ($5.7M) Expenses 64 ($5.5M) Net assets 115 ($75M)2020 Revenue 79 ($5.2M) Expenses 51 ($4.4M) Net assets 126 ($83M)2021 Revenue 330 ($22M) Expenses 53 ($4.6M) Net assets 140 ($92M)2022 Revenue 61 ($4.0M) Expenses 83 ($7.2M) Net assets 115 ($75M)2023 Revenue 290 ($19M) Expenses 84 ($7.2M) Net assets 123 ($81M)2024 Revenue 73 ($4.9M) Expenses 95 ($8.2M) Net assets 126 ($82M)
2018201920202021202220232024
Revenue (73)Expenses (95)Net assets (126)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $93M to $81M (−13%).

$66M
$76M
$85M
$93M
$81M
$84M
$83M
2018201920202021202220232024
Total assetsTotal liabilities

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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

37% of CENTRA HEALTH FOUNDATION’s revenue is contributions — about as donation-reliant as the typical peer (51% for the typical peer).

This organization
Typical peer · 8,632 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

−$2.0M
’18
$203k
’19
$840k
’20
$17M
’21
−$3.1M
’22
$12M
’23
−$3.3M
’24
0.7
months of
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

Carolyn W Jacques

Board chair

As listed on its FY2024 Form 990.

2018201920202021202220232024
Listed24242527252627
Joined·+5+3+10+5+7+6
No longer listed·528765
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 25 funders, grant income rose $555k → $1.4M.

9 of 37 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 7% 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: $1.6M from one payer (the payer shares this organization's board, largest Centra Health Inc). These are real filings, and they are not money CENTRA HEALTH FOUNDATION raised.

From the IRS filings of CENTRA HEALTH FOUNDATION’s funders (the co-funder graph). Top 30 of 37 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

CENTRA HEALTH FOUNDATION has a broad base — no single funder exceeds 30% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

30%
largest funder
52%
top three
~8
effective funders

Largest funder’s share by year: 2017 89% · 2018 30% · 2019 30% · 2020 28% · 2021 27% · 2022 25% · 2023 20% — diversifying over time.

“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

80% of CENTRA HEALTH FOUNDATION's funders are still giving 3 years after their first grant; 73% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

CENTRA HEALTH FOUNDATION draws 90% of its grant income from funders outside Virginia, across 6 states in all.

ME
NY
VA
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Virginia out of state home

Funder states come from each funder’s own filing. $692k arriving through sponsors registered in 8 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.

04Its place in the field

Against its field

CENTRA HEALTH FOUNDATION's funding base is broadening — from 7 funders to 25 as grant income climbed.

Operating margin−68% · bottom quartile
Months of reserve0.7mo · bottom quartile
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 8,126 health nonprofits $1M–$10M, FY2024

Organizations like CENTRA HEALTH 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

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 17%Fundraising 3%

Governance

23
board members
87%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

VA

Part of a family of 5 related entities

  • Centra Health Inc · exempt
  • Southside Community Hospital Inc · exempt
  • Bedford Memorial Hospital · exempt
  • General Business Concerns Inc · corp_trust
  • Piedmont Community Health Plan Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for CENTRA HEALTH 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.

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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 CENTRA HEALTH FOUNDATION?
CENTRA HEALTH FOUNDATION (Virginia) receives grants from 37 organizations whose IRS filings report $9,423,870 to it, the largest being THE ABE COHEN TR FBO CENTRA HLTH ($2,810,615). 27 of them have funded it in more than one year.
How many funders does CENTRA HEALTH FOUNDATION have?
IRS filings report 37 organizations giving $9,423,870 in grants to CENTRA HEALTH FOUNDATION, 27 of which have funded it in more than one year.
Who is the largest funder of CENTRA HEALTH FOUNDATION?
THE ABE COHEN TR FBO CENTRA HLTH is the largest funder on record, with $2,810,615 in grants. The full list of funders is on this page.
How can an organization like CENTRA HEALTH 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 FY2024 (financials across 2018–2024), and the filings of 37 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 22, 2026. What this page cannot tell you · view filing