Alamance Community & Health Foundation Inc
- Assets
- $76.6m
- Revenue
- $12.1m
- Investments
- $13.0m
- Employees
- 17
- Location
- Greensboro, NC
- Founding
- 05/2015
- Data as of
- 09/2021
- EIN
- 46-2505818
Organization Overview
Alamance Community & Health Foundation Inc, operating under the name Impact Alamance, is located in Greensboro, NC. The organization was established in 2015. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 09/2021, Impact Alamance employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Impact Alamance 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 09/2021, Impact Alamance generated $12.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $3.4m during the year ending 09/2021. While expenses have increased by 8.1% per year over the past 6 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 2015, Impact Alamance has awarded 188 individual grants totaling $13,194,480. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS DESIGNED TO IMPROVE THE HEALTH OF THE COMMUNITY WHILE BEING AN EXTENSION OF THE CARE THAT IS PROVIDED AT ALAMANCE REGIONAL MEDICAL CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHIER: CREATE, MAINTAIN, AND LEVERAGE CROSS-SECTOR PARTNERSHIPS THAT WILL CREATE EFFECTIVE STRATEGIES AND POLICIES THAT INCREASE CHILDREN'S ACCESS TO PHYSICAL ACTIVITY AND HEALTHY FOODS IN ALAMANCE COUNTY.
SMARTER: DEVELOP A CRADLE TO CAREER PARTNERSHIP THAT ENGAGES THE COMMUNITY, FOCUSES ON ELIMINATING LOCALLY DEFINED DISPARITIES, DEVELOPS A CULTURE OF CONTINUOUS IMPROVEMENT AND LEVERAGES EXISTING ASSETS. SUPPORT PUBLIC EDUCATION TO INCREASE CAPACITY TO PROVIDE FAMILIES WITH WRAP-AROUND SERVICES THEY NEED TO SUCCEED. ENGAGE THE COMMUNITY IN DIALOGUE THAT BUILDS A CULTURE FOR SUPPORTING AND INVESTING IN CHILDREN. RESEARCH, IDENTIFY AND INVEST IN BEST PRACTICES FOR IMPROVING EARLY EDUCATION AND WELLNESS FOR CHILDREN 0-5.
STRONGER: SUPPORT LOCAL COMMUNITY ORGANIZATIONS BY PROVIDING RESPONSIVE GRANT FUNDING THAT WILL ENHANCE THE COMMUNITY'S PHYSICAL, SOCIAL, EMOTIONAL OR COGNITIVE HEALTH. SUPPORT NONPROFITS WITH BUILDING THEIR ASSETS TO DEVELOP SUSTAINABILITY AND PROVIDE FAMILIES WITH SERVICES THEY NEED TO BE HEALTHY. PROVIDE ANNUAL CONTRIBUTION AND SPONSORSHIPS FOR FUNDRAISING, EDUCATION AND COMMUNITY AWARENESS EVENTS. RESPOND TO COMMUNITY NEEDS BY OFFERING FLEXIBLE FUNDING TO NONPROFITS DURING TIMES OF CRISIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grazyer Catherine President | OfficerTrustee | 40 | $185,912 |
Green Marcy Assistant Secretary | OfficerTrustee | 40 | $86,231 |
Colville Kathleen Secretary | OfficerTrustee | 0 | $0 |
Summers Janis Assistant Treasurer | OfficerTrustee | 0 | $0 |
Currin Jr John Vice-Chair | OfficerTrustee | 0 | $0 |
Chandler Ted Treasurer | OfficerTrustee | 0 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $334,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,720,048 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,054,534 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,962,336 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $343,756 |
| Compensation of current officers, directors, key employees. | $343,756 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $288,278 |
| Pension plan accruals and contributions | $30,494 |
| Other employee benefits | $88,674 |
| Payroll taxes | $46,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,789 |
| Fees for services: Accounting | $106,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $193,044 |
| Fees for services: Other | $95 |
| Advertising and promotion | $22,614 |
| Office expenses | $40,438 |
| Information technology | $17,881 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,836 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | -$241,067 |
| Depreciation, depletion, and amortization | $335,447 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,376,871 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $174,783 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $4,475,286 |
| Investments—publicly traded securities | $58,918,773 |
| Investments—other securities | $13,048,439 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,294 |
| Total assets | $76,630,575 |
| Accounts payable and accrued expenses | $502,426 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,173,135 |
| Total liabilities | $6,675,561 |
| Net assets without donor restrictions | $69,955,014 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $76,630,575 |
Grants Awarded
Over the last fiscal year, Alamance Community & Health Foundation Inc has awarded $1,926,359 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Bethesda, MD PURPOSE: Capacity Building | $265,000 |
Greensboro, NC PURPOSE: Annual Support | $250,958 |
ALAMANCE BURLINGTON SCHOOL SYSTEM PURPOSE: Equipment | $239,175 |
Graham, NC PURPOSE: Equipment | $200,000 |
Atlanta, GA PURPOSE: Program Support | $120,000 |
Burlington, NC PURPOSE: Sponsorship and Capacity Building | $74,750 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Alamance Community & Health Foundation Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
Strivetogether Inc Cincinnati, OH PURPOSE: Challenge Fund | $100,000 |
Strivetogether Inc Cincinnati, OH PURPOSE: Challenge Fund | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scotland Regional Health Network Laurinburg, NC | $378,865 | $8,728,608 |
Phoebe Foundation Inc Albany, GA | $20,206,779 | $3,551,981 |
Alamance Community & Health Foundation Inc Greensboro, NC | $76,630,575 | $12,054,534 |
Americas Toothfairy National Childrens Oral Health Foundation Charlotte, NC | $1,145,106 | $1,236,275 |
Health Occupations Students Of America Inc Georgia Watkinsville, GA | $257,092 | $1,030,364 |
Walton County Health Care Foundation Inc Monroe, GA | $50,639,691 | $2,072,620 |
Numotion Foundation Brentwood, TN | $1,008,015 | $811,604 |
Medical Foundation Of Nashville Nashville, TN | $460,495 | $828,616 |
Northern Shenandoah Substance Abuse Coalition Winchester, VA | $744,422 | $769,395 |
Satilla Health Partners Inc Waycross, GA | $95,598,303 | $5,090,426 |
Hispanic Health Coalition Of Georgia Inc Alpharetta, GA | $700,110 | $990,856 |
Pharmacists United For Truth And Transparency Winston Salem, NC | $47,075 | $215,247 |