Davie Community Foundation Inc
- Assets
- $21.9m
- Revenue
- -$2.6m
- Investments
- $0.0
- Employees
- 6
- Location
- Mocksville, NC
- Founding
- 04/1990
- Data as of
- 12/2022
- EIN
- 58-1850531
Organization Overview
Davie Community Foundation Inc is located in Mocksville, NC. The organization was established in 1990. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Davie Community Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davie Community 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.
Since 2014, Davie Community Foundation Inc has awarded 325 individual grants totaling $6,627,134. 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 PROMOTE PHILANTHROPY IN THE COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DAVIE COMMUNITY FOUNDATION PROMOTES A SPIRIT OF GIVING WITHIN THE COMMUNITY AND WORKS TO BUILD AN ENDOWMENT WHOSE GRANTS MAKE LIFE BETTER FOR ALL DAVIE COUNTY CITIZENS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Simpson Pres And CEO | Officer | 40 | $105,660 |
Greg Matthews Board Member | Trustee | 1 | $0 |
Candice Poplin Secretary | Officer | 1 | $0 |
Davin Brown Board Member | Trustee | 1 | $0 |
Brian Nicolay Vice Chair | 1 | $0 | |
Mike Morton Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $61,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,036,386 |
| Noncash contributions included in lines 1a–1f | $35,777 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,097,386 |
| Total Program Service Revenue | $0 |
| Investment income | -$3,655,078 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$2,708 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$2,560,400 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,322,073 |
| 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. | $105,660 |
| Compensation of current officers, directors, key employees. | $26,415 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,381 |
| Pension plan accruals and contributions | $4,730 |
| Other employee benefits | $0 |
| Payroll taxes | $14,775 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,249 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,258 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,900 |
| Travel | $4,082 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,512 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,925 |
| Insurance | $0 |
| All other expenses | $28,959 |
| Total functional expenses | $1,687,123 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,705 |
| Savings and temporary cash investments | $487,826 |
| 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 |
| Net Land, buildings, and equipment | $358,211 |
| Investments—publicly traded securities | $20,731,065 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $193 |
| Total assets | $21,860,000 |
| 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 | $1,150 |
| Total liabilities | $1,150 |
| Net assets without donor restrictions | $21,858,850 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,860,000 |
Grants Awarded
Over the last fiscal year, Davie Community Foundation Inc has awarded $1,138,145 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
A STOREHOUSE FOR JESUS PURPOSE: GENERAL SUPPORT | $27,510 |
ADVOCACY CENTER OF DAVIE COUNTY PURPOSE: GENERAL SUPPORT | $7,400 |
BETHLEHEM UMC PURPOSE: GENERAL SUPPORT | $15,415 |
ATRIUM HEALTH WFB-DAVIE PURPOSE: GENERAL SUPPORT | $11,600 |
APPALACHIAN STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $31,060 |
CLEMMONS MORAVIAN CHURCH PURPOSE: GENERAL SUPPORT | $9,500 |