Katherine And Thomas Belk Foundation Inc

Organization Overview

Katherine And Thomas Belk Foundation Inc is located in Charlotte, NC. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Katherine And Thomas Belk 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 12/2021, Katherine And Thomas Belk Foundation Inc generated $746.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Katherine And Thomas Belk Foundation Inc has awarded 113 individual grants totaling $7,931,275. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $9
Dividends & Interest $42,836
Net Rental Income$0
Net Gain on Sale of Assets $702,271
Capital Gain Net Income $702,271
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,778
Total Revenue $746,894

Grants Awarded

Over the last fiscal year, Katherine And Thomas Belk Foundation Inc has awarded $1,180,000 in support to 16 organizations.

Grant RecipientAmount

MYERS PARK PRESBYTERIAN CHURCH

PURPOSE: RENOVATION OF CHILDREN'S EDUCATION BUILDING AND OUTREACH.

$600,000

FOUNDATION FOR THE CAROLINAS

Org PageRecipient Profile

Charlotte, NC

PURPOSE: CAROLINA THEATRE PROJECT FUND

$500,000

THE FREEDOM GROUP

PURPOSE: CAROLINA THEATRE PROJECT FUND

$15,000

CHARLOTTE FAMILY HOUSING

Org PageRecipient Profile

Charlotte, NC

PURPOSE: ANNUAL FUND

$10,000

BOY SCOUTS OF AMERICA

Org PageRecipient Profile

Charlotte, NC

PURPOSE: ANNUAL FUND

$5,000

Davidson, NC

PURPOSE: ART ACQUISITION FUND

$5,000
View Grant Profile

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