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Virginia · Nonprofit
COMMONWEALTH FOUNDATIONS (Virginia) is funded by 5 grantmakers whose IRS filings report $88,851,674 in grants to it, the largest being COMMONWEALTH FOUNDATION IV ($20,654,750). 4 of them have funded it in more than one year.
Against its field
COMMONWEALTH FOUNDATIONS's revenue fell 58% between 2020 and 2024.
this organization peer median middle 50% of peers· 2,564 philanthropy nonprofits $1M–$10M, FY2024
Revenue, expenses and net assets — each indexed to 100 at its first filing year, so you read the trajectory, not the magnitude. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
$6.5M from 4 funders in 2024, up from $12M and 5 in 2017.
From the IRS filings of COMMONWEALTH FOUNDATIONS’s funders (the co-funder graph). Association, not causation.
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
Largest funder’s share by year: 2017 52% · 2018 25% · 2019 25% · 2020 25% · 2021 25% · 2022 25% · 2023 25% · 2024 25% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.
COMMONWEALTH FOUNDATIONS is locally rooted: 100% of its grant income comes from Virginia funders.
In-state vs out-of-state, by year
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.
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.
Read directly from this organization’s own Form 990, as neutral context.
Every figure is 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. view filing