Policies and Disclosures

of the Community Foundation for Northern Virginia

The Community Foundation for Northern Virginia is a 501(c)3 nonprofit organization (51-0232459). It remains in compliance with IRS regulations as well as with the National Standards for Community Foundations, maintaining full and complete financial transparency updating policies pertaining to its investments, gift and fund acceptance, donor privacy, and grantmaking activity from donor established funds.

Details for each of these are available below.

Financial Statements

Grants and Scholarships

The Community Foundation awarded more than $10.4 million in grants and scholarships during FY 2024.

Charitable Assets

The Community Foundation reported approximately $107 million in managed charitable assets on June  30, 2024.

Gifts and Bequests

The Community Foundation received approximately $15 million in gifts and bequests during FY 2024.

Financial Documents

• Annual Reports
• Independent Auditor’s Report and Financial Statement
• IRS Form 990

Community Foundation Policies

• Investment Policy Statement
• Gift and Fund Acceptance Policy
• Due Diligence Policy
• Privacy Policy

Governing and IRS Documents

• Strategic Plan
• IRS Determination Letter