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Our Mission Statement
Our mission is to build the philanthropic capital to enhance and preserve the quality of life in Culpeper, Fauquier, Madison, and Rappahannock Counties and strengthen the region's nonprofit organizations.
History of NPCF
The Northern Piedmont Community Foundation was founded in December 2000 by a group of nine concerned citizens from Virginia's Piedmont region. The group began by exploring, researching, and initiating a community foundation to meet the charitable needs of this area.
NPCF is dedicated to building a community of givers who provide a permanent source of money available for investments in nonprofit organizations throughout the region. In addition, NPCF will fund projects that are innovative and meet the changing needs of the community.
History of Community Foundations
The first community foundation was formed in 1914 by Frederick Goff, President of the Cleveland Trust Company. Mr. Goff felt that there needed to be a way for individuals of all means to leave philanthropic bequests to benefit their community without having to create a private foundation. His concept was simple.
People would donate funds to meet local needs and they would be administered and invested by local professionals. Today, there are over 650 community foundations in the United States with assets totaling $29.7 billion.
Review Our Financials
You may request a copy of our independent financial review by contacting our office at 540-349-0631 or view a copy of our IRS Form 990 by visiting www.guidestar.org.
Investment Program
The Northern Piedmont Community Foundation's investments are overseen by an investment committee consisting of members of the Board of Directors with expertise in the field. While our asset allocation is subject to change, the committee's current target is as listed below.
Asset Class Target Range % Target Benchmark
Equity 50 – 75 S&P 500
Fixed Income 25 – 50 Lehman Brothers Aggregate
Cash 0 – 15 U.S. 90-Day T-Bill
Information on the Northern Piedmont Community Foundation’s investment manager, fees, and investment committee is available by contacting the NPCF office at 540-349-0631, npcf@verizon.net, or P.O. Box 182, Warrenton, Virginia 20188.
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