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Virginia · Nonprofit

COMMONWEALTH FOUNDATIONS

COMMONWEALTH FOUNDATIONS (Virginia) receives grants from 5 organizations whose IRS filings report $88,851,674 to it, the largest being COMMONWEALTH FOUNDATION V ($20,654,750). 4 of them have funded it in more than one year.

$6.5M
Revenue FY2024
5
Funders on record
$89M
Grants received
$219k
Net assets
4/5 repeat funderspeak grant-dependency 100%

Against its field

COMMONWEALTH FOUNDATIONS's revenue fell 58% between 2020 and 2024.

Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)−19% · bottom quartile

this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 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 = 20202020 Revenue 100 ($15M) Expenses 100 ($15M) Net assets 100 ($155k)2021 Revenue 81 ($12M) Expenses 77 ($12M) Net assets 527 ($819k)2022 Revenue 65 ($9.9M) Expenses 70 ($11M) Net assets 9 ($15k)2023 Revenue 66 ($10M) Expenses 52 ($8.1M) Net assets 1306 ($2.0M)2024 Revenue 42 ($6.5M) Expenses 54 ($8.3M) Net assets 141 ($219k)
20202021202220232024
Revenue (42)Expenses (54)Net assets (141)Peer revenue range
02Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 4 funders, grant income fell $12M → $10M.

From the IRS filings of COMMONWEALTH FOUNDATIONS’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

COMMONWEALTH FOUNDATIONS has a broad base — no single funder exceeds 23% 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

23%
largest funder
70%
top three
~5
effective funders

Largest funder’s share by year: 2017 52% · 2018 25% · 2019 25% · 2020 25% · 2021 25% · 2022 25% · 2023 25%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of COMMONWEALTH FOUNDATIONS's grant income comes from Virginia funders.

VA

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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like COMMONWEALTH FOUNDATIONS

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Virginia

Nationally

04Profile & governance

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

Screen this organization

A dated, signed PDF of the compliance screen for COMMONWEALTH FOUNDATIONS: 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.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds COMMONWEALTH FOUNDATIONS?
COMMONWEALTH FOUNDATIONS (Virginia) receives grants from 5 organizations whose IRS filings report $88,851,674 to it, the largest being COMMONWEALTH FOUNDATION V ($20,654,750). 4 of them have funded it in more than one year.
How many funders does COMMONWEALTH FOUNDATIONS have?
IRS filings report 5 organizations giving $88,851,674 in grants to COMMONWEALTH FOUNDATIONS, 4 of which have funded it in more than one year.
Who is the largest funder of COMMONWEALTH FOUNDATIONS?
COMMONWEALTH FOUNDATION V is the largest funder on record, with $20,654,750 in grants. The full list of funders is on this page.
How can an organization like COMMONWEALTH FOUNDATIONS 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 2020–2024), and the filings of 5funders 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. What this page cannot tell you · view filing