The Community Foundation's grantmaking falls into two categories: grants awarded through an open application process (competitive grants), and those awarded in response to donor recommendation. Competitive grants are supported by unrestricted, field of interest and special funds. The latter category is supported by donor advised, designated and agency endowment funds.In September 2012, The Community Foundation adopted a new results-based grantmaking framework. The framework allows TCF to not only make more focused funding decisions, but also more clearly measure and articulate its impact on issues that affect our region. The process was informed with input from nonprofits, TCF donors, and community partners to ensure our new results-based framework addresses the greatest needs and is coordinated with existing efforts. TCF’s competitive grantmaking focuses on four strategic areas, with an overarching goal of building a region that is healthy and vibrant and offers economic and cultural prosperity for all of its residents. Our funding priorities include:Educational SuccessDesired Result: Young people achieve in school, engage in their community and are prepared for the workforce.Health & Wellness Desired Result: Community members are safe and healthy.Cultural Vibrancy Desired Result: Community members have access to and an appreciation for arts and cultural opportunities. We seek these results in partnership with the Jenkins Foundation, Sheltering Arms Fund and the Medarva Foundation Fund.Economic ProsperityDesired Result: The Region's resources are sustainable and its residents are economically stable and secure.Grants to religious organizations and nonprofits that address other areas of concern are primarily supported by donor advised funds or designated funds. In 2013, TCF and its funding partners awarded $5.6 million through the competitive grant process. The remainder of TCF’s total grants were advised by a donor or designated for a named charity.
Community Leadership Initiatives
In addition to responsive grantmaking, our staff will seek to identify community initiatives that advance solutions to our community’s greatest challenges using innovative strategies and a collaborative spirit. Financial support for these initiatives is reported under Grantmaking. Staff co-chaired the Heathy Community work group of the Capital Region Collaborative, a cooperative effort between the Richmond Regional Planning District Commission and the Greater Richmond Chamber of Commerce to engage government, business, and community stakeholders in a process of identifying, prioritizing, and implementing actions that will enhance the quality of life in the Greater Richmond region.
Strong & Effective Nonprofits
Our goal related to promoting philanthropy is to encourage and support networking, shared learning and emerging models for engaging citizens in philanthropy. Initiatives that advance this goal include:Partnership for Nonprofit Excellence http://www.pnerichmond.org/, an affiliation of four programs that provide nonprofits in Central Virginia with the tools they need to improve their effectiveness and efficiency for greater impact.GiveRichmond (www.GiveRichmond.org) and GiveSouthside (www.GiveSouthsideVA.org), a free online resource that encourages charitable giving from Richmond to Petersburg to the Northern Neck and provides in-depth organizational profiles that benefit donors, nonprofits and the community at large.
Scholarships & Awards
The Community Foundation seeks to enhance public education and strengthen the nonprofit sector through three special grant programs that offer opportunities for individuals to pursue professional development activities of their own design. Individuals are recognized for their leadership skills and demonstrated ability to make a difference in the lives of others. Each program follows a competitive process, in which eligible candidates will be selected from a larger pool based on written nominations and, in some cases, their participation in a panel interview.TCF supports 60 scholarship funds that provide financial support to help area students attain their postsecondary education dreams. A limited number of scholarships also support adult learners. The R.E.B. Awards for Teaching Excellence has supported outstanding public school classroom teachers, including teachers housed within the Department of Corrections, by providing grants to support professional development opportunities of their own design since 1988. Nominations are accepted from the public-at-large and extended school community after the New Year and culminate in a recognition program in November of each year. In 2012, we celebrated the 25th year of the R.E.B. Awards for Teaching Excellence. The R.E.B. Awards for Distinguished Educational Leadership was launched in 2005 to recognize outstanding public school principals. Each of the region's four public school districts advance final candidates to a selection committee comprised of area superintendents, community and foundation leaders. Stettinius Awards for Nonprofit Leadership was created to help develop effective organizational leadership within the local charitable sector by providing professional development opportunities to nonprofit professionals who have demonstrated the potential to become the future leaders of the community.
Impact 100 Richmond, a women's giving imitative to promote transformational giving www.impact100rva.orgneXt, a network of next generation professional advisors in the fields of estate and tax planningRichmond Giving Circle that enables next generation professionals to pool resources for high-impact givingYouth Philanthropy Project (www.handsonrva.org/ypp) a partnership with HandsOn Greater Richmond, engages regional high school students. Leadership roles within Community Foundations of Virginia, Southeastern Council of Foundation and Council on Foundations and Virginia Consortium for Health Philanthropy.Ujima Legacy Fund supports nonprofits that empower youth through education related initiatives.GiveRichmond hosts the annual 36-hour online community-wide giving event known as the Amazing Raise.