What is the Northern Piedmont 
Community Foundation?

Our Mission Statement
Our mission is to build philanthropic capital to enhance and preserve the quality of life in Culpeper, Fauquier, Madison, and Rappahannock Counties and strengthen the region's nonprofit organizations.

Annual Report
  Click Here here to open our Annual Report (pdf)

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 Most Recent Financials
2010-11 Audit Report

2009-10 990

Investment Program
The Northern Piedmont Community Foundation's investments are overseen by an investment committee consisting of members 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.

NPCF Policies & Procedures

Board of Directors

Board of Directors



John W. McCarthy, III


Chairman



Robin C. Gulick, Esq.


President



Thomas D. Gillespie


Treasurer



Molly Fray Sanford


Secretary



Robert C. Dart, M.D.


Marshall deF. Doeller*


L. Trice Gravatte, M.D.


Susan S. Griffin, D.D.S.


Michael T. Leake


Nina McKee


Merrill P. Strange


Carlton M. Yowell



M. Cole Johnson, Executive Director



Past Board of Directors



Douglas K. Baumgardner


Christy M. Connolly*


Linda R. Dietel*


G. Wayne Eastham*


Georgia E. Fischel


David C. Gerrish, Jr.*


J. Carl Kincheloe


Robert deT. Lawrence, IV


J. Clifford Miller, III


Margaret (Marty) W. Moon


Steve W. Rodgers*


George D. Scheulen*


Susan B. Strittmatter


C. Hunton Tiffany*


Fred G. Wayland, JR*.



*Founding Board of Directors

 
  NPCF Awards $15,950 to local Non-Profits
December 2, 2011

Annual Report 2010-11
November, 2011

Summer 2011 Newsletter
September 28, 2011

Spring, 2011 Newsletter
March 23, 2011

Press Release 2010 Grant Recipients
December 3, 2010

2010 Annual Report
June 30, 2010

Spring 2010 Newsletter
April 2010

NPCF Annual Report
March 25, 2010

2009 Unrestricted Grants Press Release
December 16, 2009

 

"We make a living by what we get. We make a life by what we give."

- Winston Churchill