COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES
We Grow Community Giving
COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES
EIN: 54-1950727
Mission
Our Mission is to grow community giving through grantmaking, leadership, and partnerships.
Notes from the nonprofit
In 2013, we changed our name to better describe where we do our work: Community Foundation for Loudoun and Northern Fauquier Counties.
Ruling year
1999
President and CEO
Ms. Amy Owen
Main address
P. O. Box 342
Leesburg, VA 20178 USA
EIN
54-1950727
Arts and culture
Education
Environment
Health
Community and economic development
Population served
Children and youth
Low-income people
NTEE code
Community Foundations (T31)
Fund Raising and/or Fund Distribution (E12)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Communication
Programs and results
Reports and documents
Download annual reports Download other documentsWhat we aim to solve
We are focused on three key elements: first, building local endowment to better resource our community. Second, adding to the knowledge and capacity of the nonprofit organizations serving our footprint. And, third, our varied leadership programs including addressing racism and racial equity.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Nonprofit Academy
In partnership with the Loudoun Chamber of Commerce, the Nonprofit Academy is a capacity building workshop series to benefit area nonprofit charities with such topics as Grant writing and Grantor Research, Strategic Planning, Human Resources, Meet the Media, etc.
Forward Turn
Empowering youth as grantmakers in our community.
Community Convener and Partnership Builder
We convene varied stakeholders to work on community assessments of need and help find solutions to meet that need. Our work as a convener includes our annual Philanthropy Summit, convening local stakeholders and philanthropists to explore local needs and collective solutions.
Give Choose
A 24-hour charitable crowdfunding event to benefit local charities
Social Impact Institute
Getting personalized support and specialized training are rare opportunities for nonprofit executives and professionals. The Social Impact Institute offers that kind of support. This year’s program offers executive coaching for executive directors of six area nonprofits, all of whom face the challenges of care and feeding of their board of directors, fundraising pressures, supervision and management, and making sure their organization’s mission and strategic goals are on track.
COVID-19 Community Emergency Relief Fund
To assist our local community with emergency support for individuals and families as well as the nonprofits who serve the vulnerable populations with funding and services.
Racial Equity Framework
To support and advance the internal practices and external processes of our nonprofit community in equity. The Onion Dialogues helps participants learn how to talk about race and anti-racism. Service Never Sleeps examines personal changes and systemic disruption of inequity. Two organization will benefit from a capacity building grant of a 360 Equity Review of policies and practices.
Where we work
Accreditations
Accredited Community Foundation 2023
Awards
Nonprofit of the Year 2017
Loudoun County Chamber of Commerce Small Business Awards
Entrepreneur of the Year 2018
Loudoun County Chamber of Commerce
Stronger Together COVID-19 Award 2021
Loudoun County Chamber of Commerce
Affiliations & memberships
Loudoun County Chamber of Commerce 2023
Virginia Funders Network 2023
External reviews
Our results
How does this organization measure their results? It's a hard question but an important one.
Evaluation documents
Download evaluation reportsTotal number of grants awarded
This metric is no longer tracked.Totals By Year
Population(s) Served
Ethnic and racial groups, Health, Social and economic status
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
In 2020, we set records with $2.25 million in grantmaking meeting extraordinary needs related to COVID. In 2021, we granted $1.8 million. In 2022, we granted $2.6 million.
Number of leadership positions held by organization staff in community initiatives
This metric is no longer tracked.Totals By Year
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Context Notes
Our staff participants in key leadership initiatives locally and regionally.
Total dollars granted to organizations
This metric is no longer tracked.Totals By Year
Related Program
Give Choose
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Number of volunteer management professionals trained
This metric is no longer tracked.Totals By Year
Related Program
Nonprofit Academy
Type of Metric
Output - describing our activities and reach
Direction of Success
Holding steady
Number of nonprofit leaders coached
This metric is no longer tracked.Totals By Year
Related Program
Social Impact Institute
Type of Metric
Outcome - describing the effects on people or issues
Direction of Success
Holding steady
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Reports and documents
Download strategic planLearn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
To increase local grant making and donor involvement in our footprint. We hope to increase endowment by a minimum of $1 million annually to better fuel our annual grantmaking ability and leadership development programs.
What are the organization's key strategies for making this happen?
Working with area professional advisors through one-on-one relationships
Offering third party investment options
Creating and supporting a local estate planning council
Reach out to philanthropically inclined households
Offering the unique line up of fund instruments: field of interest, donor advised, scholarship, designated, agency, unrestricted, and shell agreements
Engaging knowledgeable trainers and experts on related subject matter
Training nonprofit leaders
Providing educational opportunities for charitably minded people
What are the organization's capabilities for doing this?
We offer knowledge based workshops and trainings on a series of topics including fundraising, HR/finance, and marketing outreach. Each year, we train 300 people on a range of topics
We offer programs on racial equity and leadership development
Our grantmaking is strategic and highly interactive with our fund holders and donors. In 2021, granted out more than $1.8 Million into our community.
What have they accomplished so far and what's next?
Increased number of funds as well as increased assets under management. Our asset growth in 2021 increased from $10 Million under stewardship to $11.7. We plan forcCareful stewardship of our assets with a published rate of return and very low overhead is cornerstone to our work. We offer a cornerstone program on racial equity.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve
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What significant change resulted from feedback?
We have added new training programs and adapted those in effect.
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Which of the following feedback practices does your organization routinely carry out?
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2020 info
17.95
Months of cash in 2020 info
6.6
Fringe rate in 2020 info
10%
Funding sources info
Assets & liabilities info
COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES
Revenue & expensesFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES
Balance sheetFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES
Financial trends analysis Glossary & formula definitionsFiscal Year: Jan 01 - Dec 31
SOURCE: IRS Form 990
This snapshot of COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
Created in partnership with
Business model indicators
| Profitability info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $354,326 | $1,114,682 | $1,176,475 | $2,442,667 | $1,518,561 |
| As % of expenses | 34.6% | 89.3% | 80.8% | 132.4% | 50.8% |
| Unrestricted surplus (deficit) after depreciation | $354,326 | $1,114,682 | $1,176,475 | $2,440,335 | $1,509,232 |
| As % of expenses | 34.6% | 89.3% | 80.8% | 132.1% | 50.4% |
| Revenue composition info | |||||
|---|---|---|---|---|---|
| Total revenue (unrestricted & restricted) | $1,312,637 | $2,165,991 | $3,317,303 | $3,818,093 | $3,841,205 |
| Total revenue, % change over prior year | -14.1% | 65.0% | 53.2% | 15.1% | 0.6% |
| Program services revenue | 0.0% | 0.0% | 0.0% | 0.3% | 0.0% |
| Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Investment income | 3.4% | 3.3% | 3.5% | 3.6% | 3.2% |
| Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 95.6% | 96.5% | 92.4% | 96.3% | 96.8% |
| Other revenue | 0.9% | 0.2% | 4.1% | -0.2% | 0.0% |
| Expense composition info | |||||
|---|---|---|---|---|---|
| Total expenses before depreciation | $1,024,307 | $1,248,827 | $1,456,096 | $1,845,382 | $2,986,378 |
| Total expenses, % change over prior year | 33.5% | 21.9% | 16.6% | 26.7% | 61.8% |
| Personnel | 13.9% | 8.1% | 11.2% | 12.2% | 8.3% |
| Professional fees | 3.9% | 5.0% | 1.9% | 2.0% | 2.1% |
| Occupancy | 0.0% | 0.0% | 0.1% | 2.3% | 2.5% |
| Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Pass-through | 62.5% | 75.2% | 73.6% | 64.2% | 75.6% |
| All other expenses | 19.7% | 11.7% | 13.2% | 19.2% | 11.5% |
| Full cost components (estimated) info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Total expenses (after depreciation) | $1,024,307 | $1,248,827 | $1,456,096 | $1,847,714 | $2,995,707 |
| One month of savings | $85,359 | $104,069 | $121,341 | $153,782 | $248,865 |
| Debt principal payment | $0 | $0 | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 | $74,906 | $0 |
| Total full costs (estimated) | $1,109,666 | $1,352,896 | $1,577,437 | $2,076,402 | $3,244,572 |
Capital structure indicators
| Liquidity info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Months of cash | 14.6 | 14.8 | 10.7 | 10.6 | 6.6 |
| Months of cash and investments | 38.6 | 42.8 | 47.4 | 52.1 | 38.6 |
| Months of estimated liquid unrestricted net assets | 34.2 | 38.7 | 42.9 | 49.3 | 36.5 |
| Balance sheet composition info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Cash | $1,243,607 | $1,543,544 | $1,296,103 | $1,625,462 | $1,645,650 |
| Investments | $2,050,663 | $2,912,238 | $4,452,418 | $6,393,669 | $7,958,892 |
| Receivables | $141,813 | $175,000 | $175,000 | $454,998 | $372,932 |
| Gross land, buildings, equipment (LBE) | $1,890 | $1,890 | $1,890 | $76,796 | $76,797 |
| Accumulated depreciation (as a % of LBE) | 100.0% | 100.0% | 100.0% | 5.5% | 17.6% |
| Liabilities (as a % of assets) | 11.0% | 9.4% | 7.0% | 5.4% | 5.3% |
| Unrestricted net assets | $2,917,704 | $4,032,386 | $5,208,861 | $7,649,196 | $9,158,428 |
| Temporarily restricted net assets | $142,001 | $175,176 | $308,350 | N/A | N/A |
| Permanently restricted net assets | $0 | $0 | $0 | N/A | N/A |
| Total restricted net assets | $142,001 | $175,176 | $308,350 | $456,600 | $372,932 |
| Total net assets | $3,059,705 | $4,207,562 | $5,517,211 | $8,105,796 | $9,531,360 |
Key data checks
| Key data checks info | 2016 | 2017 | 2018 | 2019 | 2020 |
|---|---|---|---|---|---|
| Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
President and CEO
Ms. Amy Owen
With more than 2 2years experience in nonprofit fundraising and program management, Amy also brings her experience with a sister community foundation to the Community Foundation for Loudoun and Northern Fauquier Counties (formerly known as Piedmont Community Foundation).
Number of employees
Source: IRS Form 990
COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
COMMUNITY FOUNDATION FOR LOUDOUN AND NORTHERN FAUQUIER COUNTIES
Board of directorsas of 03/27/2023
Board of directors data
Mr. Paul Siker
HR and Talent Recruiting
Term: 2024 - 2021
Teresa Minchew
Real Estate, History, Community Volunteer
Tracey White
HCA Stone Springs Hospital
Andy Johnston
PATH Foundation
Janelle Brevard
National Association of REALTORS
Charmaine Bushrod
Kaiser Permanente
Jaclyn O'Brien
Fresh Eye Solutions
Tim Thompson
Office of General Counsel
Eric Showalter
Arbor Private Wealth
Lara Major
Teacher and Community Volunteer
Tracey Lacey, Ph.D.
Foreign Service Institute
Sheila Escobedo Yusufi
Community Relations Coordinator, Northern Virginia Community College – Loudoun Campus
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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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? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes -
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
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 02/01/2021GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We ask team members to identify racial disparities in their programs and / or portfolios.
- We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.
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- Financial statements for 2021, 2020, 2019, 2018, 2017
- Letter of Determination
- Officer and/or Employee data for 2020, 2019, 2018, 2017, 2016
- Contractor and/or Paid Preparer data for 2020, 2019, 2018
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