Gaston College Foundation Inc

Organization Overview

Gaston College Foundation Inc is located in Dallas, NC. The organization was established in 1970. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gaston College Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Gaston College Foundation Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Gaston College Foundation Inc has awarded 23 individual grants totaling $4,746,408. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF GASTON COLLEGE FOUNDATION, INC. IS TO RAISE, INVEST, ADMINISTER AND DISBURSE FUNDS EXECLUSIVELY FOR CHARITABLE, SCIENTIFIC, OR EDUCATIONAL PURPOSES FOR THE BENEFIT OF GASTON COLLEGE. ANY GIFTS RECIEVED BY THE FOUNDATION ARE DIRECT NEEDS OF THE COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES GENERAL SUPPORT FOR EDUCATIONAL ENRICHMENT PROGRAMS AT GASTON COLLEGE INCLUDING SUPPORT FOR UNDERGRADUATE RESEARCH, HEALTH SCIENCE SIMULATION EQUIPMENT, FOOD BANK, ETC.


THE FOUNDATION PROVIDES FUNDING FOR SCHOLARSHIPS FOR GASTON COLLEGE STUDENTS AS WELL AS GRANTS FOR FACULTY.


THE FOUNDATION ACCEPTS GIFTS AND PROVIDES FUNDING FOR THE COLLEGE'S RADIO STATION WSGE 91.7 FM.


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Board, Officers & Key Employees

Name (title)Compensation
Dr John Hauser
Secaretary
$0
Shelly Alman
VP Of Financ
$0
Luke Upchurch
Executive Di
$0
Jalal John Azar
Director
$0
M'shel Bowen
Director
$0
John Dancoff
Officer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,213,962
Noncash contributions included in lines 1a–1f $453,248
Total Revenue from Contributions, Gifts, Grants & Similar$1,213,962
Total Program Service Revenue$0
Investment income $1,045
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $86,233
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,301,240

Grants Awarded

Over the last fiscal year, Gaston College Foundation Inc has awarded $1,396,476 in support to 3 organizations.

Grant RecipientAmount

GASTON COLLEGE

PURPOSE: SCHOLARSHIPS

$510,462

GASTON COLLEGE

PURPOSE: WSGE SALARIES

$215,389

GASTON COLLEGE

PURPOSE: EQUIPMENT/CONSTRUCTI

$670,625
View Grant Profile

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