Commonwealth Foundation Iii
RICHMOND, VA EIN: 62-1668518
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$35.9M
-3.8% YoY
Annual Giving
$1.6M
-35.5% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.6M
-35.5% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,939,516 | $37,341,172 | $38,991,359 |
| Revenue | $228,679 | $897,671 | $3,091,673 |
| Expenses | $1,630,335 | $2,547,858 | $2,637,973 |
| Qualifying Distributions | $1,625,750 | $2,520,000 | $2,475,000 |
| Net Investment Income | $160,100 | $894,783 | $3,057,337 |
| Distributable Amount | $1,558,715 | $1,706,343 | $2,158,126 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Commonwealth Foundation Iii fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM H GOODWIN JR | DIRECTOR, PRESIDENT/TREASU | 0.1 | — |
| ALICE T GOODWIN | DIRECTOR, SECRETARY | 0.1 | — |
| MATTHEW T GOODWIN | DIRECTOR | 0.1 | — |
| PETER O GOODWIN | DIRECTOR | 0.1 | — |
| SARAH G AUGUST | DIRECTOR | 0.1 | — |
| JAMES A JONES | ASSISTANT TREASURER | 0.1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Virginia $13.6M (100%)
States
Cities
Richmond
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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