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Community Development : Community Foundations

Hampton Roads Community Foundation

Inspiring philanthropy in southeastern Virginia since 1950

impact data icon

Impact Information is available from our partner, GuideStar

four stars

93.35

101 West Main Street Suite 4500
Norfolk, VA 23510
tel: (757) 622-7951   Web Site
EIN: 54-2035996

Board Leadership
R. Bruce Bradley
Chair

CEO
Deborah M. DiCroce
President, CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 93.35 four stars
  Financial 90.60 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 04/01/2019 and includes data from FY2017, the most recent 990 received at that time.

The mission of the Hampton Roads Community Foundation is to inspire philanthropy and transform the quality of life in southeastern Virginia. The Foundation provides a vehicle for people of all means to make a lasting difference in their community by creating funds. Our roots extend to 1950 when Norfolk civic leaders donated $2,350 to create The Norfolk Foundation -- the first community foundation in Virginia. It was started to serve residents of Norfolk "and a 50-mile radius." In 1987 civic leaders from Virginia Beach created the Virginia Beach Foundation to provide charitable resources primarily to benefit Virginia Beach residents. In January 1, 2010 the Hampton Roads Community Foundation formed when the Norfolk and Virginia Beach foundations merged becoming the largest grant and scholarship provider in Hampton Roads.

The mission of the Hampton Roads Community Foundation is to inspire philanthropy and transform the quality of life in southeastern Virginia. The Foundation provides a vehicle for people of all means to make a lasting difference in their community by creating funds. Our roots extend to 1950 when Norfolk civic leaders donated $2,350 to create The Norfolk Foundation -- the first community foundation in Virginia. It was started to serve residents of Norfolk "and a 50-mile radius." In 1987 civic leaders from Virginia Beach created the Virginia Beach Foundation to provide charitable resources primarily to benefit Virginia Beach residents. In January 1, 2010 the Hampton Roads Community Foundation formed when the Norfolk and Virginia Beach foundations merged becoming the largest grant and scholarship provider in Hampton Roads.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Total in 2018
Total dollar amount of grants awarded
17,390,000
Number of training workshops
15
Number of convenings hosted by the organization
28
This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

90.60

Accountability & Transparency

four stars

100.00

This rating was published 04/01/2019 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.6%
  Administrative Expenses 5.9%
  Fundraising Expenses 3.4%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 16.97
  Program Expenses Growth 3.4%
  Liabilities to Assets 4.0%
All data for Financial Performance Metrics calculations was provided by Hampton Roads Community Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Hampton Roads Community Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Hampton Roads Community Foundation (VA) 93.35 four stars
East Bay Community Foundation (CA) 93.44 four stars
Community Foundation of Tampa Bay (FL) 91.71 four stars
The Minneapolis Foundation (MN) 96.47 four stars
Community Foundation of the Virgin Islands (VI) 98.23 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $32,604,629
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $32,604,629
   Program Service Revenue $0
Total Primary Revenue $32,604,629
   Other Revenue $600,622
TOTAL REVENUE $33,205,251
   
EXPENSES  
   Program Expenses $17,058,481
   Administrative Expenses $1,272,303
   Fundraising Expenses $718,766
TOTAL FUNCTIONAL EXPENSES $19,049,550
   
Payments to Affiliates $0
Excess (or Deficit) for the year $14,155,701
   
Net Assets $338,953,353

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grants $14,546,158 85.3%
Support Services $1,246,805 7.3%
Scholarships $1,265,518 7.4%

Ratings History
Hampton Roads Community Foundation has received 10 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 04/01/2019 93.35 four stars
2016-12 06/01/2018 92.85 four stars
2015-12 06/01/2017 98.19 four stars
2014-12 06/01/2016 95.10 four stars
 
CN 2.0
2014-12 04/01/2016 94.59 four stars
2013-12 06/01/2015 95.15 four stars
2012-12 02/01/2014 93.38 four stars
2011-12 03/01/2013 97.39 four stars
2010-12 02/01/2012 97.29 four stars
2009-12 09/20/2011 99.20 four stars
 
CN 1.0
2009-12 04/01/2011 98.87 four stars
2008-12 05/01/2010 95.94 four stars
2007-12 05/01/2009 84.41 three stars
2006-12 02/01/2008 75.85 two stars
2005-12 12/01/2006 92.44 four stars
2004-12 12/01/2005 94.90 four stars
2003-12 10/01/2004 99.23 four stars
2001-12 10/15/2002 86.40 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 54-2035996
Name in IRS Master File HAMPTON ROADS COMMUNITY FOUNDATION
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 2001
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$414,486 2.17% Deborah M. Dicroce President

Highly Rated

Charity Name & State Overall Score Overall Rating
Hampton Roads Community Foundation (VA) 93.35 four stars
The Saint Paul Foundation (MN) 93.71 four stars
Community Foundation of Western Massachusetts (MA) 89.73 three stars
West Central Initiative (MN) 93.05 four stars
New Hampshire Charitable Foundation (NH) 91.83 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Hampton Roads Community Foundation
101 West Main Street
Suite 4500
Norfolk, VA 23510
tel: (757) 622-7951
fax: (757) 622-1751
EIN: 54-2035996

Visit Web Site

Board Leadership

R. Bruce Bradley
Chair

CEO

Deborah M. DiCroce
President, CEO

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