Community Foundation of the Virgin Islands Inc

St. Thomas, VI   |  www.cfvi.net

Mission

CFVI was created to serve both donors and non-profit organizations of the Virgin Islands that want to ensure the highest quality of life for both present and future generations. Our primary goal is to build a growing collection of permanent funds, the income from which will be used to enhance the educational, physical, social, cultural and environmental well-being of the islands' people.

Ruling year info

1992

President

Ms. Dee Baecher-Brown

Main address

PO Box 380

St. Thomas, VI 00804 USA

Show more contact info

EIN

66-0470703

NTEE code info

Community Foundations (T31)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Through strategic grantmaking, CFVI supports donors and nonprofit organizations that want to ensure the highest quality of life for all Virgin Islanders. Grant‐making focuses on core programs as well as innovative projects that show promise of developing into longer‐term responses to community needs. CFVI offers donors a complete tool kit for charitable giving, expert assistance in learning more about the causes they care about, and the opportunity to join others with similar interests to give together. We strive to provide quality donor services which will give donors the best benefit from their gifts by offering personalized, flexible giving opportunities to help donors achieve their charitable goals. Donors can create lasting legacies, ensuring that the causes they care about will be supported after their lifetimes.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Fund Management

CFVI manages a collection of over 175 named funds to support both immediate and long-term needs of the Virgin Islands Community.

Population(s) Served
Adults

CFVI connects donors with community organizations and programs to achieve the donors’ philanthropic goals and to support important community programs, initiatives and organizations

Population(s) Served
Adults

CFVI awards grant funds to address pressing community needs, support ongoing activities, and provide opportunities to enhance the lives of community members.

Population(s) Served
Adults

The Foundation’s main focus in the area of education is to provide scholarships to U.S. Virgin Islands students pursuing degrees in higher education.

Population(s) Served
Adults

CFVI provides technical assistance to community non-profits, in areas such as financial management, fundraising, board development, communications and public relations.

Population(s) Served
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Total number of grants awarded

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total dollar amount of grants awarded

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total number of gifts to the Foundation

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Total dollar amount of gifts to the Foundation

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

CFVI is committed to being a trusted link between philanthropic dollars, impact-driven nonprofits, and our Virgin Islands community. CFVI aims to be a catalyst for positive change enriching the lives in the Virgin Islands through inspiring philanthropy, strengthening nonprofits and engaging the community.

CFVI builds and stewards permanent community resources. Our primary goal is to build a collection of permanent funds, which will be used to enhance the educational, physical, social, cultural and environmental well-being of the children, youth, and families of the Virgin Islands.

CFVI works directly with grant recipients and other partners to propose, fund, troubleshoot, or support (by various means) initiatives related to resident well-being. CFVI is a committed strategic partner for various stakeholders, providing technical assistance and insight driven by the Foundation’s key priorities, including early childhood, literacy, and two-generation frameworks.

Together, we believe the Virgin Islands will be a thriving community fostered by a culture of generous giving.

With a 30-year history of serving the USVI community, CFVI has been identified as a trusted vehicle for receiving and distributing funds to support renewal across the Territory. We are uniquely positioned as the only Territory-wide community foundation, offering donors, funders, and other stakeholders intimate community knowledge, a history of collaborative partnerships, leadership, reputation, and accountability.

By cultivating relationships with trusted partners and supporting them to reach effective, long-term solutions we allocate dollars responsibly, helping gifters of all types reach their charitable goals while ensuring every dollar invested in our community is driving positive change for current and future generations. CFVI operates a broad grants program to multiple grantees that is not limited by mission to a single focus or cause or exclusively to the interests of a particular constituency. CFVI plays an active role in the community as a grant maker, service provider to donors, service provider to non-profits and other grant makers, and community leader.

We believe that impact happens when philanthropic dollars align with community needs and strong nonprofits committed to addressing them. To ensure that every dollar invested in our community has maximum return, CFVI takes a strategic approach to serving our island communities:

-Acting as the local expert, ensuring all voices are heard and considered in determining the Territory's future.
-Cultivating relationships, building partnerships, and supporting nonprofits and organizations committed to driving change.
-Working with donors to manage their giving, achieve their philanthropic goals and create greater impact with their charitable gifts.

CFVI is recognized among donors, nonprofit organizations, and the public as a thought leader, center of non-profit administration excellence, and cross-sector facilitator. It has a track record of administering significant grants to organizations and nonprofits that enhance the educational, physical, social, cultural, and environmental welfare of the U.S. Virgin Islands.

With a professional staff and a volunteer Board of Directors composed of community leaders, CFVI is a trusted advocate and supporter of programs that ensure opportunity and sustainability for current and future generations. To enhance its work, CFVI actively collaborates with trusted non-profit partners and other entities throughout the Territory. CFVI is uniquely positioned as the only Territory-wide community foundation, offering donors, funders, and other stakeholders: intimate community knowledge, a history of collaborative partnerships, leadership, reputation, and accountability.

The Community Foundation of the Virgin Islands (CFVI) was established in 1990 with a $540,000 fund donation, created to serve both donors, residents and nonprofit organizations of the Virgin Islands to ensure the highest quality of life for present and future generations. Since that time, our total assets have grown to over $18 Million.

CFVI manages a diverse variety of funds, administers scholarships and community programs, awards grants, and coordinates the establishment of memorial funds. CFVI has awarded $46 Million in grants, scholarships, and services for organizations and initiatives benefiting USVI residents since 1990. CFVI is unique in that our operating expenses are not funded by administrative fees charged to the majority of our funds. This ensures that 100% of contributions to named funds are distributed directly to support the charitable needs of the Territory. In 2000 CFVI managed approximately 20 funds; today CFVI manages over 175 named funds.

CFVI’s Angels network is the largest philanthropic network in the Territory. Since 1999, the Angels network has provided more than $6.6 million in unrestricted funding provided by individual and business donors who contribute $500 or more annually to the Community Foundation. We are proud of our community support with more than 200 contributors to the Angel’s drive annually.

CFVI provided essential leadership when the Territory was impacted by Hurricanes Irma and Maria in September 2017, overseeing the distribution of $16 million in relief and recovery funding. As we shift into long-term recovery, we remain committed to building forward for a brighter future.

Financials

Community Foundation of the Virgin Islands Inc
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

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Community Foundation of the Virgin Islands Inc

Board of directors
as of 7/1/2021
SOURCE: Self-reported by organization
Board chair

Ms. Marie ThomasGriffith

Catherine Mills

Deputy Director, PR/USVI High Intensity Drug Trafficking Area

Trudie Prior

Coral World

Ricardo Charaf

Charaf & Company

Marie ThomasGriffith

Hall & Griffith, P.C.

Henry Feuerzeig

Dudley Topper & Feuerzeig, LLP

Penny Feuerzeig

Alda Monsanto

George Dudley

Dudley Topper & Feuerzeig, LLP

Lawrence Kupfer

WAPA

Mark Robertson

Elli Ausubel

Scott Barber

Kafi Blumenfield

Angelina Daswani

Cheryl Kelly Heffernan

G. Logan

Marjorie Rawls Roberts

Claire Starkey

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Not applicable
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 04/15/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data