WESTMINSTER CANTERBURY FOUNDATION

EIN: 521189655 501(c)(3) Human Services

RICHMOND, VA

Total Revenue
$7,985,066
Total Expenses
$6,400,900
Total Assets
$86,775,683
Net Assets
$86,110,157
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
VA
Principal Officer
W RUSSELL GARDNER
Phone
8042646000
Tax Period
2023-10-01 to 2024-09-30

WESTMINSTER CANTERBURY FOUNDATION, founded in 1980, is a community nonprofit in the Human Services sector that reported $8.0M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $1.6M, a strong 20% operating margin.

Mission

WESTMINSTER CANTERBURY FOUNDATION RAISES FUNDS FOR FINANCIAL AID TO LOWER INCOME OLDER ADULTS TO ENTER AND LIVE AT WESTMINSTER CANTERBURY RICHMOND AND FOR OTHER PROGRAMS IN THIS COMMUNITY SERVING SENIORS FROM INDEPENDENT LIVING THROUGH NURSING CARE: HEALTH SERVICES; MEMORY SUPPORT THERAPIES; TRAINING OF CLINICAL AND NON-CLINICAL STAFF AND COMMUNITY INTERNS; PASTORAL CARE; THE ARTS; SCHOLARSHIPS FOR CHILDREN IN OUR ON-SITE CHILD DEVELOPMENT CENTER; AND SPECIALIZED STAFFING AND EQUIPMENT TO INCLUDE CHILDREN WITH SPECIAL NEEDS IN OUR CENTER.

Program Service Accomplishments

Program 1
Expenses: $2,779,238

WESTMINSTER CANTERBURY FOUNDATION IS COMMITTED TO COMPASSION AND EXCELLENCE FOR ALL RESIDENTS OF WESTMINSTER CANTERBURY RICHMOND REGARDLESS OF HEALTH, COGNITIVE OR FINANCIAL STATUS. THE FOUNDATION...

Read more

WESTMINSTER CANTERBURY FOUNDATION IS COMMITTED TO COMPASSION AND EXCELLENCE FOR ALL RESIDENTS OF WESTMINSTER CANTERBURY RICHMOND REGARDLESS OF HEALTH, COGNITIVE OR FINANCIAL STATUS. THE FOUNDATION NURTURES THE SPIRIT OF GENEROSITY TO ENSURE THE BEST LIFE POSSIBLE FOR OUR SENIOR RESIDENTS, PROVIDES SUPPORT FOR OUR WORKFORCE, AND CULTIVATES LEADERSHIP AND INNOVATION IN SENIOR SERVICES. OUR FELLOWSHIP PROGRAM PROVIDES LIFE CARE GUARANTEED ACCESS TO LONG-TERM INDEPENDENT, ASSISTED OR HEALTHCARE AS WELL AS HOUSING, MEALS, MEDICAL CARE, AND ALL THE VITAL LIVING OF WESTMINSTER CANTERBURY RICHMOND FOR MORE THAN ONE HUNDRED SENIORS-IN-NEED WHO RESIDE ON OUR CAMPUS. OUR FELLOWSHIP OUTREACH PROGRAM PROVIDES COLLABORATIVE SERVICES AND SUPPORT TO SENIORS-IN-NEED IN THE GREATER COMMUNITY. WESTMINSTER CANTERBURY FOUNDATION ALSO PROVIDES FUNDING FOR MEMORY SUPPORT THERAPIES, PASTORAL CARE INTERNSHIPS AND PROGRAMMING, WELLNESS AND FITNESS PROGRAMS, CULTURAL ARTS PROGRAMS AND HEALTHCARE EXCELLENCE ENRICHMENT. FELLOWSHIP SUPPORT - WESTMINSTER CANTERBURY FOUNDATION NURTURES GENEROSITY FOR THE NEEDS OF WESTMINSTER CANTERBURY RICHMOND IN CONTINUED RESPONSE TO OUR JOINT FAITH-BASED MISSION OF PROVIDING FINANCIAL SUPPORT FOR SENIORS-IN-NEED THROUGH OUR FELLOWSHIP PROGRAM. APPROXIMATELY 100 PEOPLE RECEIVE THIS NEED-BASED BENEVOLENT CARE PER YEAR, THROUGH A COMBINATION OF FUNDRAISING FOR THE ANNUAL FELLOWSHIP FUND AND DEDICATED ENDOWMENTS HELD BY BOTH WESTMINSTER CANTERBURY FOUNDATION AND THE WESTMINSTER CANTERBURY CORPORATION. FELLOWSHIP PROGRAM SUPPORT IS OFFERED TO NEW RESIDENTS WITH DEMONSTRATED FINANCIAL NEED, ASSISTING WITH ENTRY FEE SUPPORT AND TO RESIDENTS WHO HAVE OUTLIVED THEIR RESOURCES. OUR FELLOWSHIP PROGRAM ASSURES THAT NO RESIDENT WILL EVER BE ASKED TO LEAVE DUE TO AN INABILITY TO PAY THROUGH NO FAULT OF THEIR OWN.

Program 2
Expenses: $1,732,493

PROGRAM SUPPORT - THE FOUNDATION PROVIDES FUNDING FOR MEMORY SUPPORT THERAPIES, PASTORAL CARE INTERNSHIPS AND PROGRAMMING, WELLNESS AND FITNESS PROGRAMS, A WIDE RANGE OF STUDIO ARTS CLASSES, LIVE...

Read more

PROGRAM SUPPORT - THE FOUNDATION PROVIDES FUNDING FOR MEMORY SUPPORT THERAPIES, PASTORAL CARE INTERNSHIPS AND PROGRAMMING, WELLNESS AND FITNESS PROGRAMS, A WIDE RANGE OF STUDIO ARTS CLASSES, LIVE PERFORMING ARTS EXPERIENCES, FUNDING FOR LEADERSHIP AND INNOVATION IN SENIOR SERVICES, SUPPLEMENTAL SCHOLARSHIPS FOR EMPLOYEES' CHILDREN IN OUR ON-SITE CHILD DEVELOPMENT CENTER, PROGRAMMING SUPPORT FOR THE CHILD DEVELOPMENT CENTER, AND HEALTHCARE IMPROVEMENTS. OUR MISSION IS TO NURTURE AND INSPIRE GENEROSITY SO THAT SENIORS MAY LIVE THE BEST LIFE POSSIBLE AND TO CULTIVATE LEADERSHIP IN SENIOR SERVICES BOTH ON OUR CAMPUS AND BEYOND.

Program 3
Expenses: $698,439

ADVANCED TRAINING - THE FOUNDATION PROVIDES FUNDING FOR ADVANCED TRAINING FOR CLINICAL AND NON-CLINICAL STAFF TO IMPROVE SERVICE, PROVIDE HEALTHCARE FOR ALL WHO ARE SERVED IN OUR SKILLED NURSING...

Read more

ADVANCED TRAINING - THE FOUNDATION PROVIDES FUNDING FOR ADVANCED TRAINING FOR CLINICAL AND NON-CLINICAL STAFF TO IMPROVE SERVICE, PROVIDE HEALTHCARE FOR ALL WHO ARE SERVED IN OUR SKILLED NURSING HEALTH CENTER, AND SCHOLARSHIPS FOR STAFF WHO WISH TO ADVANCE THEIR CAREERS. THE FOUNDATION PROVIDES MUCH OF THE FUNDING FOR THE ORGANIZATION'S PROFESSIONAL SCHOOL OF LEARNING, WHICH OFFERS CLASSROOM AND ONLINE TRAINING FOR THE ENTIRE WORKFORCE OF APPROXIMATELY 650 STAFF. THE FOUNDATION FUNDS A FULL-TIME CLINICAL EDUCATOR IN OUR MARY MORTON PARSONS HEALTH CENTER AND A COMPREHENSIVE MULTI-WEEK PRECEPTOR PROGRAM FOR EVERY NEW HIRE IN THE HEALTH CENTER. THE FOUNDATION HAS OFFERED INTENSE INNOVATION TRAINING AND A CAREER LATTICE PROGRAM TO STAFF ACROSS ALL DEPARTMENTS. THROUGH THESE TRAINING PROGRAMS, CARE IS ENHANCED FOR EVERY RESIDENT, AND STAFF MEMBERS HAVE THE OPPORTUNITY TO CONTINUOUSLY IMPROVE THEIR SKILLS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,858,869
Program Service Revenue $0
Investment Income $3,126,197
Other Revenue $0
TOTAL REVENUE $7,985,066

Expense Breakdown

Grants Paid $2,882,754
Salaries & Benefits $0
Fundraising Expenses $950,730
Program Expenses $5,210,170
Other Expenses $3,518,146
TOTAL EXPENSES $6,400,900

Year-over-Year Comparison

2023 2022 Change
Revenue $7,985,066 $9,597,991 -0.2%
Expenses $6,400,900 $6,345,877 +0.0%
Net Income $1,584,166 $3,252,114 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
28

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
13
$2,525,554
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAUREEN GALLIHUGH TRUSTEE 1.00
Director
$0 $0 $0
MYFANWY MONROE HALL TRUSTEE 1.00
Director
$0 $0 $0
ROBERT G HETHERINGTON TRUSTEE 1.00
Director
$0 $0 $0
THE REV W RAY INSCOE TRUSTEE 1.00
Director
$0 $0 $0
A CECIL JACOBS TRUSTEE 1.00
Director
$0 $0 $0
DR JOSEPH A JAMES TRUSTEE 1.00
Director
$0 $0 $0
SUSANNA B JONES TRUSTEE 1.00
Director
$0 $0 $0
FRANCES W KAY TRUSTEE (THRU JAN- 24) 1.00
Director
$0 $0 $0
SARA M MAYNARD TRUSTEE 1.00
Director
$0 $0 $0
PATRICIA P PUSEY TRUSTEE (THRU JAN- 24) 1.00
Director
$0 $0 $0
M BAGLEY REID TRUSTEE 1.00
Director
$0 $0 $0
WALTER S ROBERTSON III TRUSTEE 1.00
Director
$0 $0 $0
SUSAN B SCOTT TRUSTEE 1.00
Director
$0 $0 $0
AMANDA L SURGNER TRUSTEE 1.00
Director
$0 $0 $0
BARBARA B UKROP TRUSTEE (THRU JAN- 24) 1.00
Director
$0 $0 $0
DR MARILYN WEST TRUSTEE 1.00
Director
$0 $0 $0
DAVID WHITE TRUSTEE 1.00
Director
$0 $0 $0
REV MARLENE E FORREST TRUSTEE 1.00
Director
$0 $0 $0
KATE DUVAL TRUSTEE 1.00
Director
$0 $0 $0
JONATHAN C CHASE TRUSTEE 1.00
Director
$0 $0 $0
WALTER E BUNDY III MD TRUSTEE (THRU JAN- 24) 1.00
Director
$0 $0 $0
JAMES F LIPSCOMB JR CHAIR (THRU JAN- 24) 1.00
Officer Director
$0 $0 $0
MARY C FREDIANI CHAIR (AS OF JAN- 24) 1.00
Officer Director
$0 $0 $0
STEPHEN Y MCGEHEE VICE CHAIR (AS OF JAN- 24) 1.00
Officer Director
$0 $0 $0
RUSSELL AARONSON TRUSTEE 1.00
Director
$0 $0 $0
FERD BARUCH TRUSTEE 1.00
Director
$0 $0 $0
WYATT S BEAZLEY TRUSTEE 1.00
Director
$0 $0 $0
ARTHUR S BRINKLEY III TRUSTEE 1.00
Director
$0 $0 $0
JOHN BURNS CEO 5.00
Officer
$0 $49,961 $659,664
W RUSSELL GARDNER CFO & VICE PRESIDENT 0.00
Officer
$0 $38,759 $484,812
WILLIAM H BLACKWELL VICE PRESIDENT 0.00
Officer
$0 $32,761 $321,144
GAYLE HAGLUND VICE PRESIDENT 40.00
Officer
$0 $8,454 $126,711
ROBERT MANN VICE PRESIDENT IT 0.00
Officer
$0 $15,462 $204,475
DAN STACKHOUSE VICE PRESIDENT RESOURCE DEVELOPMENT 40.00
Officer
$0 $7,466 $109,793
STACEY NANNERY VICE PRESIDENT SALES AND M 0.00
Officer
$0 $23,083 $193,568
JASON COLLINS VICE PRESIDENT FACILITIES 0.00
Officer
$0 $17,420 $191,385
CHELSEA NAYLOR VICE PRESIDENT WORKFORCE S 0.00
Officer
$0 $24,992 $215,155
JOHN LOOP VICE PRESIDENT HEALTH AND WELLNESS 40.00
Officer
$0 $0 $18,847
SHARON M POZNANCZYK DIRECTOR OF NURSING 0.00
Highest
$0 $24,463 $225,310
KEVIN DAIGNAULT ADMINISTRATOR HOME HEALTH 0.00
Highest
$0 $10,880 $192,428
MARTIN KANE DIRECTOR OF FINANCE 0.00
Highest
$0 $18,048 $181,153
DEBRA JACOBSEN ADMINISTRATOR RESIDENTIAL 0.00
Highest
$0 $32,284 $190,363
DEREK OLIVER DIRECTOR FACILITIES ENGINEERING 0.00
Highest
$0 $20,329 $165,231
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $7,985,066 $6,400,900 $86,775,683 $1,584,166
2023 $9,597,991 $6,345,877 $75,581,917 $3,252,114
2022 $12,365,180 $5,912,026 $65,961,229 $6,453,154
2021 $9,832,098 $6,280,418 $72,239,983 $3,551,680
2020 $7,559,795 $6,757,863 $56,962,053 $801,932
2019 $10,382,116 $6,893,326 $55,665,198 $3,488,790
2018 $8,165,787 $7,751,683 $56,203,134 $414,104
Explore More Nonprofits
Top 100 Nonprofits in Virginia Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare WESTMINSTER CANTERBURY FOUNDATION with other nonprofits in Virginia and across the country.