Our Mission is to facilitate and act as a catalyst, conduit and steward for charitable giving in meeting the ever-changing needs of the community in northern Virginia, focusing on Loudoun and Fauquier Counties; functioning as a positive and creative force to join donors and community in a collective power dedicated to the growth of a permanent endowment as the most effective means to meet the needs of the community now and in the future”.

Functions: The Piedmont Community Foundation seeks to build and manage a collection of distinct charitable funds in partnership and established by local individuals, families, corporations, and nonprofit organizations. Funds are pooled and invested for distribution to charities in our community. Some funds have grant-making that is advised by the establishing donors while others are part of a competitive community grant program.

Central to the mission are:
• Growth of an unrestricted permanent endowment as the most effective means to meet the needs of the community now and in the future

• Administering a strategic grant-making program to maximize impact and effectiveness in achieving positive long- term changes in our community

• Leadership of charitable activities; identify and address the important issues of the local charitable sector and harness collaborative resources to improve the quality of life in the community


Board of Directors

President
J. Bradley Davis
Managing Partner
Ridge Capital Partners, L.L.C.

Vice-President
Steven DeLong
Executive Vice-President
Cavalier Land Development Corporation

Treasurer
Joseph L. Boling
Chairman & Chief Executive Officer
Middleburg Financial Corporation

Secretary
Susan Jane K. Stack
Community Resource Director
Department of Family Services, Loudoun County


Director
Merritt Jones
Retired Managing Partner
Hill Lewis, (Detroit Law Firm)

Director
Schuyler Richardson
Small Business Development
Community Volunteer

Director
John M. Rust
Managing Director
Dominick & Dominick

Director
John "Jed" Shilling
Retired, World Bank Economist
Chairman, Millennium Institute

Director
Joy M. Smith
Co-Owner
Lost Mountain Graphics

Director
Aldemar Toledo
Retired, Managing Partner Transaction Services (NY)
Retired CEO, for Columbia, Latin America
PricewaterhouseCoopers

Director
Susan Webb
Retired Legal Assistant
Community Volunteer

Director
Deborah A. Wilson, CPA
Partner
Updegrove, Combs, McDaniel & Wilson, P.L.C.

Advisory Council

Community Needs Advisors Council
James H. Herbert, Jr.
Chairperson

Emeritus Founding Directors
Robert J. Chirles
C.L. "Tim" Dimos
David L. Hartley
Linda Stanard Kovac


History
The Piedmont Community Foundation, a nonprofit public charity, was formed in 1999 out of a commitment to improve the quality of life in our region. The idea was simple (and still is!); Connect donors to the causes they care about. Increase the financial resources for charitable causes and non-profits by putting together a common investment instrument governed by the community served. PCF donors have already made available over $725,000 of philanthropy in Loudoun and Fauquier counties. Enjoy our most recent newsletter. Newsletter pdf file

Financial Information
The PCF makes financial information available to the public within 24 hours of receipt of request during business hours. The Foundation's 990s are found on the web at www.guidestar.org.

Financial information since inception through 2006 can be viewed in our 2006 Annual Report. Annual report pdf file

The Investment Committee is responsible for the investment of the PCF trust or fund that is, and the aggregate of the unrestricted trusts or funds that are, a component part of the Piedmont Community Foundation. An Investment Policy guides all Foundation investment actions. A copy of the Investment Policy, and who serves on the current Investment Committee is available upon request. At this time there are no outside investment managers. The portfolio composite of mutual funds does not charge a separate management fee; each fund within the portfolio has its own internal fees and expenses listed in the fund’s prospectus, which can be disclosed upon request.

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Piedmont Community Foundation • P.O. Box 402 • Middleburg, VA 20118 • 540-687-5223 • kkrei@verizon.net

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