COMMUNITY FOUNDATION SERVING WESTERN VIRGINIA Charity Report

Public IRS 990 nonprofit record

COMMUNITY FOUNDATION SERVING WESTERN VIRGINIA

EIN 54-1959458 · Community Foundations (T31)

What they do

COMMUNITY FOUNDATION SERVING WESTERN VIRGINIA PROVIDES LEADERSHIP,RESOURCES, and INSPIRATION for PHILANTHROPY IN THE COMMUNITIES IT SERVES. to FULFILL THE FOUNDATIONS MISSION, IT: ENABLES DONORS to CARRY OUT THEIR CHARITABLE INTENT THROUGH ENDOWMENT FUNDS; PROVIDES RESPONSIBLE STEWARDSHIP for ENTRUSTED FUNDS; MAKES CREATIVE GRANTS for CURRENT and FUTURE COMMUNITY NEEDS and OPPORTUNITIES; OFFERS COMPREHENSIVE SERVICES to ENCOURAGE and ADVANCE EFFECTIVE PHILANTHROPY; PROMOTES and PARTICIPATES IN COLLABORATIVE EFFORTS to SHAPE A HEALTHY, CARING COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $62.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

35.87%of revenue went to mission work62.9% of expenses · Program services

1.51%of revenue went to fundraising2.7% of expenses

$56.98spent for every $100 of revenueRevenue covered expenses this year.

19.60%of revenue went to management and office costs34.4% of expenses

$18.23in assets for every $1 spent this yearSome assets cannot be spent right away.

62.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $270,407 for ALAN E RONK (BOARD SECRETARY, CEO TILL 3/25). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$13,341,807

Mission workProgram services$4,785,20135.87% of revenue62.9% of expenses

ManagementOffice and general costs$2,615,48919.60% of revenue34.4% of expenses

FundraisingAsking for donations$202,1081.51% of revenue2.7% of expenses

Revenue left after expensesReported annual surplus$5,739,00943.02% of revenueShown in gray on the chart

Total expenses$7,602,79856.98% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 62.9% mission · 34.4% management · 2.7% fundraisingTotal expenses: 56.98% of revenue

2023Expense mix: 62.9% mission · 34.6% management · 2.5% fundraisingTotal expenses: 89.26% of revenue

2022Expense mix: 62.5% mission · 35.4% management · 2.1% fundraisingTotal expenses: 65.35% of revenue

2021Expense mix: 65.6% mission · 32.8% management · 1.6% fundraisingTotal expenses: 57.28% of revenue

2020Expense mix: 61.5% mission · 36.5% management · 2.0% fundraisingTotal expenses: 49.08% of revenue

2019Expense mix: 67.0% mission · 31.0% management · 2.0% fundraisingTotal expenses: 43.64% of revenue

2017Expense mix: 64.5% mission · 33.4% management · 2.2% fundraisingTotal expenses: 56.71% of revenue

2016Expense mix: 67.1% mission · 30.4% management · 2.5% fundraisingTotal expenses: 114.39% of revenue

Money in and money out

Revenue$13,341,807

Expenses$7,602,798

Annual surplus $5,739,009 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,785,201 · 62.9% of expenses

Management and office costs$2,615,489 · 34.4% of expenses

Fundraising$202,108 · 2.7% of expenses

See all reported dollar amounts

Revenue$13,341,807

Expenses$7,602,798

Assets$138,571,247

Income$13,341,807

Contributions$8,383,379

Mission work (program services)$4,785,201

Fundraising$202,108

Grants given$27,115,706

Average grant$23,376

Management and general$2,615,489

Executive compensation (total)$296,091

Stocks and bonds$79,930,802

Accounting fees$25,091

Investing fees$367,288

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ALAN E RONKBOARD SECRETARY, CEO TILL 3/25 · 40 hrs/week $270,407Base $236,703 · Other $33,704

CARLY C OLIVERBOARD SECRETARY, COO THEN CEO STARTING 4/25 · 40 hrs/week $183,556Base $159,692 · Other $23,864

SARAH KELLEYCFO · 40 hrs/week $141,258Base $123,689 · Other $17,569

APRIL HAYNESCOO STARTING 4/1/25 · 40 hrs/week $130,321Base $113,397 · Other $16,924

MICHELLE EBERLYDIRECTOR, GRANTS & DONOR ENGAGEMENT · 40 hrs/week $129,037Base $113,314 · Other $15,723

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

ALAN E RONKBOARD SECRETARY, CEO TILL 3/25

CARLY C OLIVERBOARD SECRETARY, COO THEN CEO STARTING 4/25

SARAH KELLEYCFO

APRIL HAYNESCOO STARTING 4/1/25

MICHELLE EBERLYDIRECTOR, GRANTS & DONOR ENGAGEMENT

VERLETTA WHITEBOARD MEMBER

SUSAN LANCASTERBOARD CHAIR

SUSAN COOKBOARD MEMBER

SHERRY W DAVIDSONBOARD MEMBER

SAMUEL ROMAN JRBOARD MEMBER

RICK JAMESBOARD MEMBER

RICHARD G BAILEYBOARD MEMBER

NADRA L SCOTTBOARD MEMBER

MARGIE B EASONBOARD MEMBER

LUTHERIA H SMITHBOARD TREASURER THROUGH 7/24

LAUREN ELLERMANBOARD MEMBER

JULIANNE B NAFFBOARD TREASURER STARTING 8/24

JOHN BLANTONBOARD MEMBER

JAMES B FRITH JRBOARD MEMBER

GRETCHEN W BEEDLEBOARD MEMBER

GEORGE A LEVICKIBOARD MEMBER

FLORENCE WILLIAMSBOARD MEMBER

ELAINE MILAN CRONKBOARD MEMBER

DR J RANDOLPH CLEMENTSBOARD MEMBER

COLLEEN M MARSTONBOARD MEMBER

About this charity

Recognized since: January 2000
Location: PO BOX 1159, ROANOKE, VA 24006
County: Roanoke (city)
In care of: CARLY C OLIVER
Primary officer: CARLY C OLIVER, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Emailalan@cfwesternva.org Phone(540) 985-0204

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BROWN EDWARDS & COMPANY LLP
NTEE classification: Community Foundations (T31)
IRS tax category: Community Foundations
Grant-giving organization: Yes