The St. Joseph’s Villa Foundation encourages, receives and stewards gifts, grants, bequests and other types of planned gifts to provide long-term funding for Villa services. In addition to receiving such gifts and recognizing their donors, the Foundation manages these funds as endowments or other assets.
Today the Foundation, with a corpus in the mid-$20 million range, is comprised of assets from:
Proceeds from the Foundation contribute about 10% of the Villa’s annual operating revenue. Investment proceeds are allocated specifically according to donors’ original intentions.
Through donor support and continued market growth, the Foundation seeks to increase its impact on the lives of children and families the Villa serves.
The Foundation is overseen by its Board of Directors. Board members bring knowledge and strengths from their notable professional backgrounds, which include law, investments, banking and business management. These volunteer leaders actively engage in setting investment and spending policies, monitoring of investment performance, development and interpretation of gift acceptance policies, marketing, relationship building, and recognition of donors.
David D. Redmond, Chair / Retired, Christian & Barton
Karen M. L. Whelan, Vice-Chair / Retired, Universal Corporation
Jeanmarie McGowan, Secretary / Godsey & Gibb Wealth Management
Cynthia P. Balderson / Dominion Energy Charitable Foundation
John B. Catlett, Jr. / Middleburg Financial
Kathleen C. Duke / Duke Development, LLC
T. Gaylon Layfield, III / Retired, Xenith Bank
J. Sargeant Reynolds, Jr. / Reynolds Development
Richard P. Wintsch / Startup Virginia
As you prepare to celebrate the holidays with those special to you, please join us in spreading hope to our community’s most vulnerable children and families through our 2022 Season
DID YOU KNOW... During the COVID-19 pandemic, 37% of high school students reported they experienced poor mental health. LGBTQ+ youth are 4x more likely to attempt suicide than their peers. In the U.S., there