RICHMOND AND HENRICO PUBLIC HEALTH FOUNDATION

EIN: 874003117 501(c)(3) Health Care

RICHMOND, VA

Total Revenue
$2,420,863
Total Expenses
$1,746,503
Total Assets
$1,475,002
Net Assets
$928,792
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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
VA
Principal Officer
NATALIE PENNYWELL
Phone
8045336901
Tax Period
2024-07-01 to 2025-06-30

RICHMOND AND HENRICO PUBLIC HEALTH FOUNDATION, founded in 2022, is a community nonprofit in the Health Care sector that reported $2.5M in total revenue in fiscal year 2021. The organization ran a surplus of $2.5M, a strong 99% operating margin.

Mission

RHPHF MOBILIZES RESOURCES IN SUPPORT OF THE GOALS OF THE RICHMOND AND HENRICO HEALTH DISTRICTS TO IMPROVE HEALTH OUTCOMES AND HEALTH EQUITY IN OUR COMMUNITIES. AMONG OTHER PROGRAMS AND SERVICE AREAS ADVANCING ITS MISSION, RHPHF MANAGES THE RICHMOND HEALTH EQUITY FUND, INVESTING IN AND SCALING COMMUNITY-BASED INITIATIVES TO ADDRESS THE LONGSTANDING IMPACTS OF RACISM ACROSS SEVEN AREAS OF HEALTH DISPARITY.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,420,678
Program Service Revenue $0
Investment Income $185
Other Revenue $0
TOTAL REVENUE $2,420,863

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,557,212
Other Expenses $1,746,503
TOTAL EXPENSES $1,746,503

Year-over-Year Comparison

2024 2023 Change
Revenue $2,420,863 $2,750,806 -0.1%
Expenses $1,746,503 $1,396,727 +0.3%
Net Income $674,360 $1,354,079 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN CHAMPION TREASURER 5.00
Officer Director
$0 $0 $0
LAWANDA DUNN BOARD VICE P 5.00
Officer Director
$0 $0 $0
RUDENE MERCER HAYNES BOARD MEMBER 1.00
Director
$0 $0 $0
ADRIENNE COLE JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
NATALIE PENNYWELL BOARD PRESID 5.00
Officer Director
$0 $0 $0
DR ELAINE PERRY BOARD MEMBER 1.00
Director
$0 $0 $0
JACKI QUINLAN BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE TONEY RN BOARD MEMBER 1.00
Director
$0 $0 $0
ANIKA RICHBURG BOARD SECRET 5.00
Officer Director
$0 $0 $0
ANTHONY ROMANELLO BOARD MEMBER 1.00
Director
$0 $0 $0
MARY DUNNE STEWART BOARD MEMBER 1.00
Director
$0 $0 $0
DIAMOND WALTON BOARD MEMBER 1.00
Director
$0 $0 $0
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
2025 $2,420,863 $1,746,503 $1,475,002 $674,360
2024 $2,750,806 $1,396,727 $3,121,466 $1,354,079
2023 $4,144 $804,456 $1,684,013 $-800,312
2022 $2,500,055 $15,730 $2,498,595 $2,484,325
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