C D Spangler Foundation Inc

Organization Overview

C D Spangler Foundation Inc is located in Charlotte, NC. The organization was established in 1960. 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. C D Spangler 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, C D Spangler Foundation Inc generated $34.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 62.0% each year . All expenses for the organization totaled $19.3m during the year ending 12/2021. While expenses have increased by 43.7% per year over the past 4 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $41,471
Dividends & Interest $6,655,188
Net Rental Income$0
Net Gain on Sale of Assets $27,995,899
Capital Gain Net Income $27,995,899
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $34,692,558

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