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Danville Regional Foundation

Profile

Last Updated: 2016-05-11

At A Glance

Danville Regional Foundation

512 Bridge St., Ste. 100

Danville, VA United States 24541-1406

Telephone: (434) 799-2176

URL: www.drfonline.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Health conversion foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $219,958,444

Total giving: $6,225,947

EIN

203319727

BRIDGE Number

3160098156

Additional Contact Information

Additional e-mail for letter of inquiry questions: kstauber@drfonline.org

Background

Established in 2005 in VA with proceeds from the sale of Danville Regional Medical Center - The foundation was established as a result of the sale of Danville Regional Medical Center to LifePoint Hospitals, Inc. in 2005. The foundation received $200 million in initial startup from this sale, but has no corporate affiliation with the organization at this date.

Purpose and Activities

The foundation seeks to develop, promote, and support programs designed to improve the health, welfare, and education of residents of the primary service area of Danville Regional Medical Center. The main areas of focus are: 1) Economic Transformation to produce a rising standard of living; 2) Educational Attainment to ensure that educational success is the community norm; 3) Health and Wellness; 4) Community Engagement, to build deep civic support for community innovations.

Fields of Interest

Subjects
  • Community and economic development
  • Education
  • Health
  • Human services
Population Groups
  • Academics
  • Economically disadvantaged people
  • Female children and youth
  • Females
  • Low-income and poor people
  • Male children and youth
  • Males
  • Students

Financial Data

Year ended 2014-12-31

Assets: $219,958,444 (market value)

Expenditures: $9,123,244

Total giving: $6,225,947

Qualifying distributions: $8,518,541