Grandfather Community Foundation Inc
- Assets
- $277.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Linville, NC
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-2713258
Organization Overview
Grandfather Community Foundation Inc is located in Linville, NC. The organization was established in 2019. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grandfather 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.
For the year ending 12/2021, Grandfather Community Foundation Inc generated $156.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $59.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances R Magruder Chair | 1 | $0 | |
Margaret Mckibbon Director | 1 | $0 | |
Beth K Kerlin Vice Chair | 1 | $0 | |
Betty Donovan Director | 1 | $0 | |
Barbara Goodmon Director | 1 | $0 | |
Sunny Lawson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,086 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $373 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $60,307 |
| Other Revenue | $0 |
| Total Revenue | $156,766 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,197 |
| Other expenses | $3,592 |
| Total expenses | $59,336 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $273,767 |
| Other assets | $0 |
| Total assets | $277,303 |
| Total liabilities | $1,237 |
| Net assets or fund balances | $276,066 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Grandfather Community Foundation Inc has recieved totaling $27,400.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: FURTHER EXEMPT PURPOSE | | $12,400 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 2 GRANT(S) FOR VARYING PURPOSES | $10,000 |
Willie And Lisa Bullock Foundation Indian River Shores, FL PURPOSE: GENERAL FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Mission Norfolk, VA | $19,076,349 | $10,467,458 |
Westside Future Fund Atlanta, GA | $55,374,938 | $4,466,187 |
Hartwood Foundation Inc Fairfax, VA | $10,472,777 | $9,719,871 |
Greensboro Urban Ministry Greensboro, NC | $9,704,023 | $8,817,068 |
P3 Foundation Inc Charlotte, NC | $75,107,588 | $5,131,940 |
Fulton-Atlanta Community Action Authority Inc Atlanta, GA | $1,160,189 | $9,503,293 |
Family Resource Agency Inc Cleveland, TN | $3,123,531 | $9,293,392 |
Franklin Vance Warren Opportunity Henderson, NC | $4,057,269 | $9,956,290 |
Olivet Medical Ministry Inc Yorktown, VA | $5,086,470 | $8,947,962 |
T3 Labs Atlanta, GA | $9,085,833 | $8,566,316 |
Housing Preservation Inc Memphis, TN | $40,176,409 | $5,595,751 |
Union County Community Action Inc Monroe, NC | $2,766,376 | $8,366,700 |