Rcc Foundation
- Assets
- $320.5k
- Revenue
- $8.5k
- Investments
- $188.9k
- Employees
- 0
- Location
- Greeensboro, NC
- Founding
- 09/1998
- Data as of
- 06/2022
- EIN
- 56-1801410
Organization Overview
Rcc Foundation is located in Greeensboro, NC. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rcc Foundation 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, Rcc Foundation generated $8.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $21.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EPISCOPAL PARISH
YWCA FOR COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel C Camp Preident | 1 | $0 | |
Rachel Macrae Gray Director Sec | 0 | $0 | |
Nelson Macrae Director | 0 | $0 | |
Hugh Macrae III Treasuer | 1 | $0 | |
Ken Shahbaz Asst Treasur | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $23 |
| Dividends & Interest | $12,135 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,639 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $21,700 |
| Total expenses and disbursements | $21,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,599 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $320,546 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rcc Foundation has awarded $21,700 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA OF WILIMINGTON PURPOSE: GENERAL | $10,000 |
ST JAMES PARISH PURPOSE: GENERAL | $10,000 |
CAMERON ART MUSEUM PURPOSE: GENERAL | $1,000 |
CONVERSE COLLEGE PURPOSE: GENERAL | $600 |
FIGURE EIGHT ISLAND CHURCH PURPOSE: GENERAL | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
High Point Realty Associates Inc Durham, NC | $37,211,144 | -$111,209 |
Southeastern Council Of Foundations Inc Atlanta, GA | $2,907,587 | $3,483,118 |
Mcglothlin Foundation Bristol, VA | $17,450,755 | $3,108,342 |
The Littlejohn Family Foundation Savannah, GA | $11,057,486 | $4,634,557 |
Saint Marys Home For Disabled Children Foundation Norfolk, VA | $37,168,152 | $4,187,814 |
Lost Sheep Ministries Inc Knoxville, TN | $704,656 | $432,203 |
Community Residences Foundation Chantilly, VA | $4,861,456 | $1,373,875 |
Santee Electric Trust Inc Kingstree, SC | $159,427 | $0 |
Edward A Bond Foundation Hilton Head, SC | $567,820 | $35,864 |
L A M P Foundation Knoxville, TN | $1,071,995 | $177,293 |
Nccf Support Inc Alpharetta, GA | $2,403,385 | $78,950 |
Landon E Fuller And Marian C Fuller Perpetual Charitable Trust Danville, VA | $1,845,971 | $114,376 |