THE GARLAND AND AGNES TAYLOR GRAY: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- THE GARLAND AND AGNES TAYLOR GRAY (EIN 54-6071867)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-08-17
- IRS object ID
- 201502299349301835
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-08-17T10:21:59-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541631262 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KEITERSTEPHENSHURSTGARY & SHREAVESPC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 32066 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232942066 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 546071867 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GARLAND AND AGNES TAYLOR GRAY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GARL | BusinessNameControlTxt |
| Phone | 8043307400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 BOULDERS VIEW DRIVE NO 110 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232254047 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DARCY S OMAN | PersonNm |
| Person Title | PRESIDENT EMERITA | PersonTitleTxt |
| Phone | 8043307400 | PhoneNum |
| Signature | 2015-08-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | VIRGINIA R BELCHER | PreparerPersonNm |
| PTIN | P00421964 | PTIN |
| Phone | 8047470000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DARCY S OMAN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 BOULDERS VIEW DRIVE NO 110 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232254047 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,088,850 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TCFRICHMOND.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1997 | FormationYr |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Activity Or Mission | THE GRAY FOUNDATION CARRIES OUT THE COMMUNITY FOUNDATION'S BROAD CHARITABLE PURPOSES THROUGH THE DISTRIBUTION OF GRANTS ON A COMPETITIVE AND NONCOMPETITIVE BASIS. GRANTMAKING PRIMARILY FOCUSES ON SUPPORTING CULTURAL, HISTORICAL AND EDUCATIONAL INSTITUTIONS THAT HAVE A SIGNIFICANT IMPACT ON THE QUALITY OF LIFE IN THE COMMONWEALTH OF VIRGINIA. PRIORITY IS ALSO GIVEN TO PROGRAMS AND ORGANIZATIONS IN ANY FIELD OF CHARITABLE ENDEAVOR THAT SUBSTANTIALLY BENEFIT THE QUALITY OF LIFE IN THE SOUTHSIDE COMMUNITIES OF PETERSBURG, WAVERLY AND SURROUNDING AREAS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 9 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 9 | TotalVolunteersCnt |
| Total Gross UBI | $3,397 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $2,397 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,191 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,178,907 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,042,190 | CYInvestmentIncomeAmt |
| PY Other Revenue | $46,555 | PYOtherRevenueAmt |
| CY Other Revenue | $46,660 | CYOtherRevenueAmt |
| PY Total Revenue | $1,226,653 | PYTotalRevenueAmt |
| CY Total Revenue | $1,088,850 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,632,296 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,743,827 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $276,513 | PYOtherExpensesAmt |
| CY Other Expenses | $213,246 | CYOtherExpensesAmt |
| PY Total Expenses | $1,908,809 | PYTotalExpensesAmt |
| CY Total Expenses | $1,957,073 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$682,156 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$868,223 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $23,522,026 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,390,569 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $68,343 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $46,266 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $23,453,683 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $23,344,303 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE OTHE GRAY FOUNDATION PRIMARILY FOCUSES ITS GRANTMAKING ON SUPPORTING HISTORICAL AND EDUCATIONAL INSTITUTIONS THAT HAVE A SIGNIFICANT IMPACT ON THE QUALITY OF LIFE IN THE COMMONWEALTH OF VIRGINIA, OR ANY CHARITABLE ENDEAVOR THAT SUBSTANTIALLY BENEFITS THE QUALITY OF LIFE IN SOUTHSIDE COMMUNITIES OF PETERSBURG, WAVERLY AND SURROUNDING AREAS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,743,827 | ExpenseAmt |
| Grant | $1,743,827 | GrantAmt |
| Desc | AS A SUPPORTING ORGANIZATION OF THE COMMUNITY FOUNDATION [TCF - 170(B)(1)(A)(VI)], THE GARLAND AND AGNES TAYLOR GRAY FOUNDATION (GRAY FOUNDATION) CONTINUES TO SUPPORT CULTURAL, HISTORICAL, EDUCATIONAL AND HUMAN SERVICE INSTITUTIONS IN SOUTHSIDE AND CENTRAL VIRGINIA. | Desc |
| Total Program Service Expenses | $1,743,827 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 9 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DARCY S OMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8043307400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 BOULDERS VIEW DR SUITE 110 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 232254047 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| THOMAS H TULLIDGE JR | ||||||
| CHAIRMAN | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| CARLTON DUFF | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| PALMER P GARSON | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| KATHARINE T GRAY | ||||||
| VICE CHAIRMAN | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BETH MONROE | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL J SCHEWEL | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| EDWARD B TITMUS | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| JANE G WATKINS | ||||||
| TREASURER | 0.50 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| THOMAS G SNEAD JR | ||||||
| DIRECTOR | 0.50 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHMOND FUND LP | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6802 PARAGON PLACE SUITE 205 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | INVESTMENT MANAGEMENT | ServicesDesc |
| Compensation | $184,878 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $454,974 | TotalRevenueColumnAmt |
| Exclusion | $454,974 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $587,216 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $587,216 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $587,216 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $587,216 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE RICHMOND FUND LP | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $46,660 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $43,263 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $3,397 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $46,660 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,088,850 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $630,479 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $3,397 | UnrelatedBusinessRevenueAmt |
| Exclusion | $454,974 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,743,827 | TotalAmt |
| Program Services | $1,743,827 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95 | TotalAmt |
| Management And General | $95 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,700 | TotalAmt |
| Management And General | $2,700 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $184,878 | TotalAmt |
| Management And General | $184,878 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $205 | TotalAmt |
| Management And General | $205 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235 | TotalAmt |
| Management And General | $235 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| TAXES PAID | $22,864 | $22,864 |
| MISCELLANEOUS | $1,192 | $1,192 |
| BANK FEES AND INVESTMEN | $1,077 | $1,077 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,957,073 | TotalAmt |
| Program Services | $1,743,827 | ProgramServicesAmt |
| Management And General | $213,246 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,814 | BOYAmt |
| EOY | $2,805 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,001 | BOYAmt |
| EOY | $254,396 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,191,579 | BOYAmt |
| EOY | $23,002,607 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $129,632 | BOYAmt |
| EOY | $130,761 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,522,026 | BOYAmt |
| EOY | $23,390,569 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,100 | BOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,243 | BOYAmt |
| EOY | $46,266 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,343 | BOYAmt |
| EOY | $46,266 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,453,683 | BOYAmt |
| EOY | $23,344,303 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,453,683 | BOYAmt |
| EOY | $23,344,303 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $23,522,026 | BOYAmt |
| EOY | $23,390,569 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$868,223 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $758,843 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| IRS Written Determination | Yes (X) | IRSWrittenDeterminationInd |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE COMMUNITY FND INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237009135 | EIN |
| Organization Type | 8 | OrganizationTypeDesc |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $948,804 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $948,804 | SupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | Yes (1) | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SECTION A, LINE 6 | FormAndLineReferenceDesc |
| Explanation | THE GARLAND AND AGNES TAYLOR GRAY FOUNDATION PROVIDED GRANTS TO ORGANIZATIONS IN SUPPORT OF ITS MISSION TO CARRY OUT THE FOUNDATION'S SUPPORT OF HISTORICAL AND EDUCATIONAL INSTITUTIONS THAT HAVE A SIGNIFICANT IMPACT ON THE QUALITY OF LIFE IN VIRGINIA AND IN THE SOUTHSIDE COMMUNITIES OF PETERSBURG, WAVERLY AND SURROUNDING AREAS. | ExplanationTxt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RICHMOND FUND, LP | Desc |
| Book Value | $23,002,607 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $23,002,607 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FOUNDATION HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") GUIDANCE RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FOUNDATION'S COMBINED FINANCIAL STATMENTS. THE INTERPRETATION ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. IN ACCORDANCE WITH THE INTERPRETATION, THE FOUNDATION DISCLOSES THE EXPECTED FUTURE TAX CONSEQUENCES OF UNCERTAIN TAX POSITIONS PRESUMING THE TAXING AUTHORITIES' FULL KNOWLEDGE OF THE FACTS OF THE FOUNDATION'S POSITION AND RECORDS UNRECOGNIZED TAX BENEFITS OR LIABILITIES FOR KNOWN, OR ANTICIPATED TAX ISSUES BASED ON THE FOUNDATION'S ANALYSIS OF WHETHER ADDITIONAL TAXES WOULD BE DUE TO THE AUTHORITY GIVEN THEIR FULL KNOWLEDGE OF THE TAX POSITION. THE FOUNDATION HAS COMPLETED ITS ASSESSMENT AND DETERMINED THAT THERE WERE NO TAX POSITIONS WHICH WOULD REQUIRE RECOGNITION UNDER THE INTERPRETATION. THE FOUNDATION'S INCOME TAX RETURNS FOR YEARS SINCE 2011 REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES. THE FOUNDATION IS NOT CURRENTLY UNDER AUDIT BY ANY TAX JURISDICTION. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (54 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| BETTER HOUSING COALITION | |||||||
| PO BOX 12117 | RICHMOND | VA | 232410117 | 541479059 | 501(C)(3) | $20,000 | GENERAL PURPOSES |
| AMERICAN PARKINSON DISEASE ASSOCIATION | |||||||
| 135 PARKINSON AVENUE | STATEN ISLAND | NY | 10305 | 131962771 | 501(C)(3) | $10,000 | GENERAL PURPOSES OF THE RICHMOND, VA CHAPTER |
| ANNA JULIA COOPER EPISCOPAL SCHOOL | |||||||
| 2124 NORTH 29TH STREET | RICHMOND | VA | 23223 | 270407231 | 501(C)(3) | $35,000 | GENERAL PURPOSES |
| AUTISM SOCEITY OF AMERICA | |||||||
| PO BOX 29364 | RICHMOND | VA | 23242 | 541701693 | 501(C)(3) | $10,000 | GENERAL PURPOSES |
| BON SECOURS RICHMOND HEALTH CARE FOUNDATION | |||||||
| 7229 FOREST AVE SUITE 200 | RICHMOND | VA | 23226 | 541201346 | 501(C)(3) | $5,000 | CARING FOR LIFE: A COMMUNITY HOSPICE HOUSE |
| BOYS & GIRLS CLUBS OF METRO RICHMOND | |||||||
| 5511 STAPLES MILL ROAD 301 | HENRICO | VA | 232285445 | 540564901 | 501(C)(3) | $15,000 | GENERAL PURPOSES |
| CARITAS | |||||||
| PO BOX 25790 | RICHMOND | VA | 232605790 | 541441917 | 501(C)(3) | $10,000 | GENERAL PURPOSES |
| BOY SCOUTS OF AMERICAHEART OF VIRGINIA COUNCIL | |||||||
| PO BOX 6809 | RICHMOND | VA | 232306809 | 540505872 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| COLLEGIATE SCHOOL | |||||||
| 103 NORTH MOORELAND RD | HENRICO | VA | 232297709 | 540528203 | 501(C)(3) | $20,000 | THE MOORELAND FACILITIES CAPITAL CAMPAIGN ($15,000)AND THE ANNUAL FUND ($5,000) |
| COMMONWEALTH CATHOLIC CHARITIES | |||||||
| 1512 WILLOW LAWN DRIVE | RICHMOND | VA | 232300565 | 540505877 | 501(C)(3) | $70,000 | NEW BUILDING |
| COMMUNITIES IN SCHOOLS OF RICHMOND INC | |||||||
| 2922 WEST MARSHALL ST SUITE 2 | RICHMOND | VA | 232300565 | 541799922 | 501(C)(3) | $20,000 | GENERAL PURPOSES |
| CORPORATION FOR JEFFERSON'S POPLAR FOREST | |||||||
| PO BOX 419 | FOREST | VA | 245510419 | 541258296 | 501(C)(3) | $7,000 | GENERAL PURPOSES |
| FETCH INC | |||||||
| 5609 PATTERSON AVENUE SUITE D | RICHMOND | VA | 23226 | 261132559 | 501(C)(3) | $5,000 | THE ANNUAL FUND |
| FEEDMORE INC | |||||||
| 1415 RHOADMILLER STREET | RICHMOND | VA | 23220 | 541150923 | 501(C)(3) | $10,000 | GENERAL PURPOSES |
| HOUSING OPPORTUNITIES MADE EQUAL OF VIRGINIA INC | |||||||
| 626 WEST BROAD STREET SUITE 400 | RICHMOND | VA | 232191590 | 237303018 | 501(C)(3) | $10,000 | GENERAL PURPOSES |
| INOVA HEALTH SYSTEM FOUNDATION | |||||||
| 8110 GATEHOUSE RD SUITE 200E | FALLS CHURCH | VA | 22042 | 541071867 | 501(C)(3) | $20,000 | THE NICU |
| JAMESTOWN YORKTOWN FOUNDATION INC | |||||||
| PO BOX 3605 | WILLIAMSBURG | VA | 231873605 | 311618642 | 501(C)(3) | $15,000 | ANNUAL FUND |
| MARY BALDWIN COLLEGE | |||||||
| OFFICE OF THE PRESIDENT | STAUNTON | VA | 24401 | 540506319 | 501(C)(3) | $6,700 | GENERAL PURPOSES |
| MAYMONT FOUNDATION | |||||||
| 1700 HAMPTON ST | RICHMOND | VA | 23220 | 546039788 | 501(C)(3) | $21,750 | GENERAL PURPOSES ($10,000) AND RESTORATION OF BLUE |
| MEMORIAL CHILD GUIDANCE CLINIC - CHILDSAVERS | |||||||
| 200 NORTH 22ND STREET | RICHMOND | VA | 23223 | 540505927 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| NATIONAL D-DAY MEMORIAL FOUNDATION LTD | |||||||
| PO BOX 77 | BEDFORD | VA | 24523 | 541504679 | 501(C)(3) | $20,000 | GENERAL PURPOSES |
| PETER PAUL DEVELOPMENT CETNER | |||||||
| 1708 NORTH 22ND ST | RICHMOND | VA | 23223 | 541137164 | 501(C)(3) | $28,600 | GENERAL PURPOSES |
| RANDOLPH-MACON COLLEGE | |||||||
| PO BOX 5005 | ASHLAND | VA | 230055005 | 540505940 | 501(C)(3) | $16,750 | THE NEUROSCIENCE ANIMAL LAB SUITE |
| RICHMOND METROPOLITAN HABITAT FOR HUMANITY | |||||||
| 2281 DABNEY RD SUITE A | RICHMOND | VA | 23230 | 541385198 | 501(C)(3) | $10,000 | GENERAL PURPOSES |
| SALVATION ARMY-CENTRAL VIRGINIA AREA COMMAND | |||||||
| PO BOX 12400 | RICHMOND | VA | 23241 | 580660607 | 501(C)(3) | $10,000 | GENERAL PURPOSES |
| ST ANDREW'S SCHOOL | |||||||
| 227 SOUTH CHERRY ST | RICHMOND | VA | 23220 | 541803252 | 501(C)(3) | $25,000 | GENERAL PURPOSES |
| SPCA OF FREDERICKSBURG | |||||||
| 10819 COURTHOUSE RD | FREDERICKSBURG | VA | 224082627 | 540648185 | 501(C)(3) | $6,700 | GENERAL PURPOSES |
| STUART HALL SCHOOL FOUNDATION | |||||||
| PO BOX 210 | STAUNTON | VA | 244020210 | 841648803 | 501(C)(3) | $10,000 | THE FLORENCE GRAY TULLIDGE FUND |
| THE COMMUNITY FOUNDATION SERVING RICHMOND AND CENTRAL VIRGINIA | |||||||
| 7501 BOULDERS VIEW DRIVE 110 | RICHMOND | VA | 232254047 | 237009135 | 501(C)(3) | $948,804 | GRANTMAKING AND UNRESTRICTED SUPPORT |
| VALENTINE RICHMOND HISTORY CENTER | |||||||
| 1015 EAST CLAY STREET | RICHMOND | VA | 232191590 | 540505967 | 501(C)(3) | $59,600 | THE STETTINIUS GALLERY, (49,600) AND GENERAL PURPOSES ( $10,000) |
| VIRGINIA HISTORICAL SOCIETY | |||||||
| PO BOX 7311 | RICHMOND | VA | 232210311 | 540419452 | 501(C)(3) | $13,000 | GENERAL PURPOSES |
| VMI FOUNDATION INC | |||||||
| 304 LETCHER AVENUE | LEXINGTON | VA | 24450 | 540505966 | 501(C)(3) | $43,800 | GENERAL PURPOSES ON BEHALF OF GARLAND AND ANN GRAY |
| WESTMINSTER CANTERBURY FOUNDATION | |||||||
| 1600 WESTBROOK AVENUE | RICHMOND | VA | 23227 | 521189655 | 501(C)(3) | $7,500 | GENERAL PURPOSES |
| WORLD PEDIATRIC PROJECT | |||||||
| 7201 GLEN FOREST DRIVE SUITE 304 | RICHMOND | VA | 23226 | 541953305 | 501(C)(3) | $15,000 | GENERAL PURPOSES |
| YMCA OF GREATER RICHMOND | |||||||
| 2 WEST FRANKLIN STREET | RICHMOND | VA | 23220 | 540505986 | 501(C)(3) | $15,000 | GENERAL PURPOSES |
| WILLIAM BYRD COMMUNITY HOUSE | |||||||
| 224 SOUTH CHERRY ST | RICHMOND | VA | 23220 | 540519589 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| CENTER FOR CHRISTIAN COUNSELING | |||||||
| 513 FOREST AVE 200 | RICHMOND | VA | 232296850 | 260446837 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| CHURCH HILL ACTIVITIES & TUTORING | |||||||
| 601 NORTH 31ST ST | RICHMOND | VA | 23223 | 200220263 | 501(C)(3) | $10,000 | GENERAL PURPOSES |
| CROSSOVER MINISTRY INC | |||||||
| 8600 QUIOCCASIN RD SUITE 101 | RICHMOND | VA | 232297709 | 541371067 | 501(C)(3) | $15,000 | GENEARL PURPOSES |
| EAST END FELLOWSHIP | |||||||
| 2906 QSTREET | RICHMOND | VA | 23223 | 501(C)(3) | $5,000 | GENERAL PURPOSES | |
| ELIJAH HOUSE ACADEMY | |||||||
| 6627-B JAHNKE RD | NORTH CHESTERFIELD | VA | 23225 | 541522331 | 501(C)(3) | $8,350 | GENERAL PURPOSES ($5,000), SCHOLARSHIPS ($3,350) |
| ELK HILL FARM INC | |||||||
| PO BOX 99 | GOOCHLAND | VA | 23063 | 237071154 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| GATEWAY HOMES INC | |||||||
| 11901 REDDY BRANCH RD | CHESTERFIELD | VA | 23838 | 541264177 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| GOODWILL OF CENTRAL VA | |||||||
| 6301 MIDLOTHIAN TURNPIKE | RICHMOND | VA | 23225 | 540455395 | 501(C)(3) | $10,000 | THE CAPITAL CAMPAIGN ON BEHALF OF THOMAS TULLIDGE |
| INSPIRE INTERNATIONAL | |||||||
| 1900 CHAMBERLAYNE AVE | RICHMOND | VA | 23222 | 251457139 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| JAMES RIVER ASSOCIATION | |||||||
| 4833 OLD MAIN ST | RICHMOND | VA | 23231 | 510211913 | 501(C)(3) | $5,000 | GENERAL PURPOSES IN HONOR OF TOM INNES |
| MASSEY CANCER CENTER | |||||||
| PO BOX 980234 | RICHMOND | VA | 23284 | 501(C)(3) | $6,000 | THE MASSEY CLUB (NO BENEFITS)($1,000);GENERAL PURPOSES($5,000) | |
| MONROE PARK CONSERVANCY | |||||||
| PO BOX 1535 | RICHMOND | VA | 23218 | 383840559 | 501(C)(3) | $25,000 | GENERAL PURPOSES |
| MUSEUM OF THE CONFEDERACY | |||||||
| 490 TREDEGAR ST | RICHMOND | VA | 23219 | 540699599 | 501(C)(3) | $13,000 | GENERAL PURPOSES |
| RESCUE MISSION ROANOKE | |||||||
| PO BOX 11525 | ROANOKE | VA | 24022 | 540573900 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| STRATEGIES TO ELEVATE PEOPLE (STEP) | |||||||
| 1900 CHAMBERLAYNE AVE | RICHMOND | VA | 232224812 | 541449318 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| THE VIRGINIA LEAGUE FOR PLANNED PARENTHOOD | |||||||
| 201 N HAMILTON ST | RICHMOND | VA | 23221 | 540505973 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| THIRD CHURCH INC | |||||||
| 500 FOREST AVE | HENRICO | VA | 232296810 | 501(C)(3) | $30,000 | DESIGNATED FOR DEBT PAYMENT ON CAPITAL EXPENDITURE | |
| URBAN HOPE | |||||||
| PO BOX 23171 | RICHMOND | VA | 23233 | 541997025 | 501(C)(3) | $5,000 | GENERAL PURPOSES |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 65 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE BOARD OF THE GRAY FOUNDATION WORKS CLOSELY WITH THE STAFF OF THE COMMUNITY FOUNDATION TO REVIEW AND MONITOR ALL COMPETITIVE GRANTS. BEFORE AWARDING A COMPETITIVE GRANT, THE FOUNDATION REVIEWS A FULL PROPOSAL FROM APPLICANTS. THE PROPOSAL INCLUDES DETAILED INFORMATION DESCRIBING: THE COMMUNITY NEED BEING ADDRESSED; PROJECT OR SERVICES; GOALS AND MEASURABLE OBJECTIVES; HOW THE PROJECT WILL BE EVALUATED; AND PROJECT BUDGET INCLUDING USE OF FOUNDATION FUNDS. THE FOUNDATION ALSO REVIEWS THE APPLICANTS AGENCY BUDGET, MOST RECENT IRS 990, FINANCIAL STATEMENTS AND AUDIT, AND OTHER SUPPORTING DOCUMENTATION TO ASSESS THE AGENCY'S VIABILITY AND CAPACITY TO BE ACCOUNTABLE FOR FOUNDATION FUNDS. THE FOUNDATION MONITORS USE OF GRANT FUNDS AWARDED THROUGH THE COMMUNITY GRANTS PROCESS BY REQUIRING AN ANNUAL REPORT FROM EVERY GRANTEE. OTHER GRANTEES MAY BE REQUIRED TO SUBMIT INTERIM OR ANNUAL REPORTS. WITH EACH INTERIM AND FINAL ANNUAL REPORT, GRANTEES MUST REPORT ON THE USE OF FOUNDATION FUNDS, INCLUDING NARRATIVE DESCRIPTION OF ACTIVITIES AND OUTCOMES, AS WELL AS FINANCIAL INFORMATION THAT DEMONSTRATES HOW FUNDS WERE ALLOCATED. THE PROGRAM STAFF REVIEW REPORTS TO ENSURE GRANTEES HAVE USED FUNDS AS REQUESTED. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | THE NUMBER OF DIRECTORS OF THE GARLAND AND AGNES TAYLOR GRAY FOUNDATION IS SET AT NINE (9) DIRECTORS. THE FOUNDATION HAS FOUR (4) DIRECTORS WHO ARE DESIGNATED AS THE GRAY FAMILY DIRECTORS. THE FOUR FAMILY DIRECTORS ARE EITHER DESCENDENTS OF OR MARRIED TO DESCENDENTS OF GARLAND AND AGNES TAYLOR GRAY. |
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT OF THE FORM 990 AND APPLICABLE SCHEDULES IS PROVIDED TO EACH MEMBER OF THE GRAY FOUNDATION BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. THIS DRAFT IS ALSO REVIEWED BY THE COMMUNITY FOUNDATION'S SR. VP OF FINANCE AND THE PRESIDENT AND CEO. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS AND DIRECTORS OF THE GRAY FOUNDATION COMPLETE A SIGNED CONFLICT OF INTEREST POLICY ANNUALLY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GRAY FOUNDATION PARTICIPATES IN THE CONSOLIDATED AUDIT OF THE COMMUNITY FOUNDATION AND THE STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE FOUNDATION'S WEBSITE. |
| FORM 990, PART VII, SECTION A | DARCY OMAN, PRESIDENT AND CEO OF THE COMMUNITY FOUNDATION, INC. IS THE SECRETARY OF THE GRAY FOUNDATION AND RECORDS THE MINUTES OF THE BOARD MEETINGS. THIS POSITION IS A NONVOTING MEMBER OF THE GOVERNING BOARD. |
| FORM 990, PART XI, LINE 9: | NET CHANGE IN VALUE OF INVESTMENT IN THE RICHMOND FUND 758,843. |
| FORM 990, PART XII, LINE 2C | THE CHAIRMAN AND TREASURER OF THE GRAY FOUNDATION ARE INVITED TO PARTICIPATE IN THE AUDIT COMMITTEE MEETINGS OF THE COMMUNITY FOUNDATION, INC. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE GRAY FOUNDATION IS A TYPE 1 SUPPORTING ORGANIZATION OF THE COMMUNITY FOUNDATION, INC. SERVING RICHMOND AND CENTRAL VIRGINIA (TCF). TCF APPOINTS A MAJORITY (5 OF THE 9 MEMBERS) OF THE GRAY FOUNDATION'S BOARD. TCF'S BOARD VOTES ON ALL FAMILY RECOMMENDED AND ANNUAL GRANTS RECOMMENDED BY THE GRAY FOUNDATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE GRAY FOUNDATION HAS NO EMPLOYEES OR OTHER COMPENSATED OFFICERS. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE COMMUNITY FOUNDATION INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7501 BOULDERS VIEW DRIVE SUITE 110 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23225 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237009135 | EIN |
| Primary Activities | GRANTMAKING | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | 8 - COMMUNITY TRUST | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WAVERLY COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 82 | AddressLine1Txt |
| City | RICHMOND | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 23890 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 541288467 | EIN |
| Primary Activities | PROGRAM RELATED/PROPERTY | PrimaryActivitiesTxt |
| Legal Domicile State | VA | LegalDomicileStateCd |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Entity Type | C | EntityTypeTxt |
| Share Of EOY Assets | $130,761 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (2 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| THE COMMUNITY FOUNDATION INC | ||
| B | $948,804 | UNRESTRICTED SUPPORT/GRANT MAKING |
| THE COMMUNITY FOUNDATION INC | ||
| P | $4,527 | ACTUAL EXPENSES |