Printing Industries Of The Carolinas Foundation Inc
- Assets
- $1.6m
- Revenue
- $83.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 10/1965
- Data as of
- 06/2022
- EIN
- 56-6068485
Organization Overview
Printing Industries Of The Carolinas Foundation Inc is located in Charlotte, NC. The organization was established in 1965. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Printing Industries Of The Carolinas 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 06/2022, Printing Industries Of The Carolinas Foundation Inc generated $83.0k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $79.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Printing Industries Of The Carolinas Foundation Inc has awarded 28 individual grants totaling $134,568. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENCOURAGE AND ASSIST THROUGH FINANCIAL ASSISTANCE AND OTHERWISE, WORTHY INDIVIDUALS PRIMARILY SEEKING EDUCATION FOR CAREEERS IN THE PRINTING TRADE OR INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS TO EDUCATIONAL INSTITUTIONS TO HELP SUPPORT TEACHING, RESEARCH, AND ATTRACT TALENTED STUDENTS IN THE PRINTING/INDUSTRY CAREER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter Payne Asst Secretarytreasurer | Officer | 0 | $0 |
Phil Kelley Vice President | Officer | 0 | $0 |
Barry Long President | Officer | 0 | $0 |
Charley Kale Secretarytreasurer | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,320 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,830 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,150 |
| Total Program Service Revenue | $0 |
| Investment income | $23,161 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $33,736 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $83,047 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $40,469 |
| 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 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 | $2,975 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,290 |
| 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 | $739 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $79,034 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,741 |
| Savings and temporary cash investments | $71,406 |
| 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 | $327 |
| Prepaid expenses and deferred charges | $439 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,506,614 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,500 |
| Total assets | $1,613,027 |
| 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 | $868,910 |
| Net assets with donor restrictions | $744,117 |
| 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 | $1,613,027 |
Grants Awarded
Over the last fiscal year, Printing Industries Of The Carolinas Foundation Inc has awarded $40,469 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Murfreesboro, NC PURPOSE: Scholarships and teacher awards | $8,700 |
PICA PURPOSE: Awards and fall conference | $8,269 |
Charlotte, NC PURPOSE: Scholarships | $8,000 |
APPALACHIAN STATE UNIVERSITY PURPOSE: Scholarships and teacher awards | $7,500 |
Spartanburg, SC PURPOSE: Scholarships | $4,000 |
LENOIR COMMUNITY COLLEGE PURPOSE: Scholarships | $4,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Printing Industries Of The Carolinas Foundation Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helicopter Association International Inc Alexandria, VA | $38,045,658 | $4,215,283 |
Touchstone Energy Cooperative Inc Arlington, VA | $11,702,200 | $9,798,586 |
International Zinc Association Durham, NC | $9,583,285 | $9,824,037 |
Corenet Global Inc Atlanta, GA | $22,405,208 | $10,074,155 |
Association For Unmanned Vehicle Systems International Arlington, VA | $11,175,966 | $8,710,398 |
National Stone Sand And Gravel Association Alexandria, VA | $12,179,741 | $8,499,860 |
Sheet Metal & Air Conditioning Contractors Natl Industry Fd Of Us Chantilly, VA | $400,785 | $8,292,209 |
National Society Of Professional Engineers Alexandria, VA | $13,965,529 | $9,147,637 |
Vision Council Of America Alexandria, VA | $15,588,668 | $10,180,704 |
Nashville Area Chamber Of Commerce Nashville, TN | $10,414,739 | $9,196,086 |
North American Transmission Forum Inc Charlotte, NC | $10,236,042 | $8,601,218 |
American Hardwood Export Council Sterling, VA | $1,823,421 | $7,570,441 |