The Virginia State Capitol
Foundation Lookup

Form 990-PFTax year 2024EIN 62-1668516

Commonwealth Foundation I

A private foundation in Richmond, VA. Its return for tax year 2024 lists 1 grant and $1.6 million paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

7 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2024

    $1,625,750

    Grants listed
    1
    Assets, end of year
    $35,942,826

  • Tax year 2023

    $2,520,000

    Grants listed
    1
    Assets, end of year
    $37,344,732

  • Tax year 2022

    $2,475,000

    Grants listed
    1
    Assets, end of year
    $38,994,858

  • Tax year 2021

    $3,115,000

    Grants listed
    1
    Assets, end of year
    $38,541,144

  • Tax year 2020

    $3,831,500

    Grants listed
    1
    Assets, end of year
    $35,097,475

  • Tax year 2019

    $3,110,000

    Grants listed
    1
    Assets, end of year
    $37,071,059

  • Tax year 2018

    $2,565,000

    Grants listed
    1
    Assets, end of year
    $19,716,698

Grants paid in 2024

1 grant, largest first

As listed on the return.

  1. Commonwealth FoundationsRichmond, VA

    To fund the charitable purposes of the foundation

    $1,625,750

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Philanthropy and grantmaking1 grant $1,625,750100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Virginia1 grant $1,625,750

Officers, directors and trustees

6 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • William H Goodwin JrDIRECTOR, PRESIDENT/TREASU Hours 0.1Pay $0
  • Alice T GoodwinDIRECTOR, SECRETARY Hours 0.1Pay $0
  • Matthew T GoodwinDIRECTOR Hours 0.1Pay $0
  • Peter O GoodwinDIRECTOR Hours 0.1Pay $0
  • Sarah G AugustDIRECTOR Hours 0.1Pay $0
  • James A JonesASSISTANT TREASURER Hours 0.1Pay $0

The return

More foundations

Similar foundations

Same main cause (philanthropy and grantmaking), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Commonwealth Foundation IIIRichmond, VA 1 grant Preselected only $1,625,750 giving
  2. Commonwealth Foundation IVRichmond, VA 1 grant Preselected only $1,625,750 giving
  3. Commonwealth Foundation VRichmond, VA 1 grant Preselected only $1,625,750 giving
  4. Luck Companies FoundationRichmond, VA 27 grants Accepts applications $1,041,680 giving
  5. Carmax FoundationRichmond, VA 6 grants Accepts applications $4,841,701 giving