Belk Foundation is located in Charlotte, NC. The organization was established in 2009. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belk Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Belk Foundation has awarded 200 individual grants totaling $12,099,450. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Johanna Edens Anderson Executive Director (thru 05/2022) | 40 | $4,727 | |
Jevelyn D Bonner-Reed Executive Director (as Of 08/2022) | 40 | $136,919 | |
Katherine B Morris Member, Board Of Directors | 1 | $0 | |
John R Belk Chair, Board Of Directors | 10 | $0 | |
Thomas M Belk Jr Vice Chair, Treasurer | 1 | $0 | |
Anthony Fox Secretary, Board Of Directors | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $128 |
Dividends & Interest | $367,380 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $4,531,848 |
Capital Gain Net Income | $6,496,450 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $121,236 |
Total Revenue | $5,020,592 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $172,753 |
Other employee salaries and wages | $88,727 |
Pension plans, employee benefits | $25,512 |
Interest | $0 |
Taxes | $36,000 |
Depreciation | $0 |
Occupancy | $32,706 |
Travel, conferences, and meetings | $12,267 |
Printing and publications | $0 |
Other expenses | $25,472 |
Total operating and administrative expenses | $645,091 |
Contributions, gifts, grants paid | $2,451,199 |
Total expenses and disbursements | $3,096,290 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $88,098 |
Savings and temporary cash investments | $84,913 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $49,277,559 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $49,450,570 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $37 |
Total liabilities | $37 |
Over the last fiscal year, Belk Foundation has awarded $3,416,743 in support to 59 organizations.
Grant Recipient | Amount |
---|---|
AUGUSTINE LITERACY PROJECT - CHARLOTTE PURPOSE: GENERAL OPERATING SUPPORT FOR ALPS CORE LITERACY INTERVENTION PROGRAM BY HIGHLY TRAINED VOLUNTEER TUTORS SERVING STUDENTS IN HIGH-POVERTY CMS ELEMENTARY SCHOOLS. | $50,000 |
CHARLOTTE SPEECH AND HEARING CENTER INC PURPOSE: PROGRAM SUPPORT FOR CLINICIANS TO PROVIDE INDIVIDUALIZED SUPPORT TO STRUGGLING READERS IN K-3RD GRADES TO BUILD VOCABULARY AND LANGUAGE EXPRESSION. | $17,500 |
CHRIST CHURCH CHARLOTTE PURPOSE: GENERAL OPERATING SUPPORT FOR EDUCATIONAL PROGRAMS; A BOARD/COMMITTEE RECOGNITION GRANT. | $250 |
CMS FOUNDATION (LEADERSHIP DEVELOPMENT) PURPOSE: PROGRAM SUPPORT TO STRENGTHEN SCHOOL LEADER RETENTION AND SUPPORT TARGETED PROFESSIONAL DEVELOPMENT OPPORTUNITIES FOR SCHOOL LEADERS. | $50,000 |
CMS FOUNDATION (TEACHER INNOVATION) PURPOSE: PROGRAM SUPPORT FOR COACHING AND PROJECT PLANNING FOR SCHOOLS AND TEACHER-LED TEAMS PARTICIPATING IN THE CMS FOUNDATION INNOVATION CENTER. | $50,000 |
CMS FOUNDATION (TEACHER RESIDENCY) PURPOSE: PROGRAM SUPPORT FOR THE CMS TEACHING RESIDENCY PROGRAM WITH THE GOAL OF LICENSING DIVERSE AND NON-TRADITIONAL TEACHERS. | $75,000 |