Episcopal Foundation Of Western North Carolina
- Assets
- $3.3m
- Revenue
- $234.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Asheville, NC
- Founding
- 06/1964
- Data as of
- 12/2020
- EIN
- 56-6059247
Organization Overview
Episcopal Foundation Of Western North Carolina is located in Asheville, NC. The organization was established in 1964. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Episcopal Foundation Of Western North Carolina 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 12/2020, Episcopal Foundation Of Western North Carolina generated $234.0k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $154.4k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Episcopal Foundation Of Western North Carolina has awarded 42 individual grants totaling $614,059. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FINANCIAL SUPPORT AND ASSISTANCE TO THE EPISCOPAL CHURCH AND RELATED INSTITUTIONS OF THE EPISCOPAL DIOCESE OF WESTERN NORTH CAROLINA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL ASSISTANCE TO EPISCOPAL INSTITUTIONS WITHIN THE DIOCESE OF WESTERN NORTH CAROLINA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherree Brady President | OfficerTrustee | $0 | |
Dillon Manly Treasurer | OfficerTrustee | $0 | |
Stan Allison Member | Trustee | $0 | |
Lee Berger Member | Trustee | $0 | |
Paul Ormond Member | Trustee | $0 | |
Jo Ann Hasskamp Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $55,285 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $178,710 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,995 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,646 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $154,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,288 |
| Savings and temporary cash investments | $311,181 |
| 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 |
| Investments—publicly traded securities | $2,943,940 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,260,409 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $3,260,409 |
Grants Awarded
Over the last fiscal year, Episcopal Foundation Of Western North Carolina has awarded $55,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT GEORGE'SASHEVILLE | | | $20,000 |
SAINT PAUL'SEDNEYVILLE | | | $20,000 |
Valle Crucis, NC | | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Episcopal Foundation Of Western North Carolina has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Episcopal Relief And Development New York, NY PURPOSE: EMERGENCY RELIEF | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rethink Group Inc Cumming, GA | $5,968,451 | $26,130,363 |
Chesterfield Food Bank Chester, VA | $4,733,303 | $12,678,774 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |