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Foundations / Virginia

Commonwealth Foundation IV

Preselected recipients only Richmond, Virginia · EIN 621668519

Commonwealth Foundation IV is a private foundation in Richmond, Virginia. In tax year 2024 it gave $1.6 million in 1 grant; the typical grant was $1.6 million and the largest $1.6 million. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was down from $2.5 million the year before.

0% of its 2024 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$2.5 million1$31.0 million
2024$1.6 million1$31.8 million

How to apply

Commonwealth Foundation IV says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

Where it gives

All of its grants went to recipients in Virginia.

StateGrantsAmount
Virginia1$1.6 million

Grants paid in 2024

All 1 grants
RecipientPurposeAmount
Commonwealth Foundations
Richmond, VA
To fund the charitable purposes of the foundation$1.6 million

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does Commonwealth Foundation IV accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Commonwealth Foundation IV give?

$1.6 million in tax year 2024, across 1 grant, with a typical grant of $1.6 million.

Who runs Commonwealth Foundation IV?

Its 2024 filing lists William H Goodwin Jr (Director, President/Treasu), Alice T Goodwin (Director, Secretary), Matthew T Goodwin (Director) and Peter O Goodwin (Director) among 6 officers and trustees.

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