Fund Partners

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TThe Community Foundation Logohe Community Foundation (TCF), serving Richmond and Central Virginia, provides administrative and financial oversight to the RAASF. The Community Foundation (TCF) is one of the largest grant makers in Virginia. It was established in 1968 to provide stewardship for permanent endowments that enhance the lives of area citizens in Richmond and Central Virginia. TCF is the largest of Virginia’s 27 community foundations with combined assets of $912 million. Through its work, TCF strives to create a stronger and more vibrant region, now and for generations to come.  TCF works with donors to build endowments, partners with nonprofits to address needs through grant-making, and provide leadership on important community issues.

The RAASF chose to partner with The Community Foundation in large part because of TCF’s:

    • Expertise in Fund Management
    • Commitment to philanthropic activities in Richmond and Central Virginia
    • Superior management of endowment funds totaling more than $660 million
    • Exemplary scholarship fund administrative support