Cause IQ organization profile

Gaston Community Foundation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Gaston Community Foundation is a community foundation based in Gastonia, NC that was founded in 1978. As of 2020 they had $6.5 million in revenue and $92 million in assets.

The Community Foundation is the leading steward of philanthropic giving by connecting donors with community needs to enhance the lives of present and future generations.

Previous legal names or variations of their name include: The Community Foundation Of Gaston County.

Fiscal year end:
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Program areas at Gaston Community Foundation

Since 1978, Gaston Community Foundation has been helping donors fulfill their philanthropic dreams. Individuals, families and organizations establish funds at the Gaston Community Foundation to carry out their charitable giving now and in the future. With over 400 funds under management, the Foundation assists donors with planned giving options for a charitable legacy, including unrestricted funds, scholarship funds, funds designated for a specific charitable organization or field of interest as well as many advised funds where the individual or corporate donor can recommend grants for a variety of Community causes.

Gaston Community Foundation makes unrestricted grants to organizations and programs operating in Gaston county or primarily for the benefit of Gaston county citizens through an annual competitive grant application process.

Form 990s for Gaston Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2018-12Aug 8, 2019990View PDF
2017-12Nov 15, 2018990View PDF
2016-12Sep 11, 2017990View PDF
2015-12Sep 28, 2016990View PDF
2014-12Aug 20, 2015990View PDF
...and five more Form 990 PDFs

Financials for Gaston Community Foundation

Total grants, contributions, etc.$4,659,685
Program services$203,994
Investment income and dividends$1,575,720
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$10,176
Net gain from sale of non-inventory assets$61,540
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$30,480
Total revenues$6,541,595

Vendors for Gaston Community Foundation

VendorServicesAmount paidDate
Cherry Bekaert LLPTax accounting2020-08-14
███████ ███ ████Fundraising software; Payment processing2020-06-16
███ █ ██████████Content management system software2020-06-16
█████████ ████████Software2020-03-17

Personnel at Gaston Community Foundation

NameTitleCompensationMost recent data
Ernest W. SumnerPresident$129,167Sept. 23, 2020
Gene R. Matthews, IIInvestment Director$0Oct. 25, 2017
█████ █████████Development Director$0Oct. 25, 2017
██████ █ ████Grants Director$0Oct. 25, 2017
███████ ██ █████Chairman$0Oct. 27, 2017
████ ███████████Secretary and Treasurer$0Dec. 31, 2016
██████ ██ ████████Board Member$0Jan. 26, 2015
███████ █ ██████President$0Dec. 31, 2014

Peer community foundations

1Community Foundation of Henderson County501(c)(3)$10 millionHendersonville, NC
2Abc of NC Foundation501(c)(3)$2.9 millionWinston Salem, NC
3Wake Technical Community College Foundation501(c)(3)$3.9 millionRaleigh, NC
4Cumberland Community Foundation (CCF)501(c)(3)$16 millionFayetteville, NC
5Community Foundation of Greater Greensboro (CFGG)501(c)(3)$22 millionGreensboro, NC
6Cherokee Preservation Foundation501(c)(3)$7.6 millionCherokee, NC
7The Community Foundation of NC East501(c)(3)$2.3 millionGreenville, NC
8Central Kentucky Community Foundation501(c)(3)$3.4 millionElizabethtown, KY
9Petoskey-Harbor Springs Area Community Foundation501(c)(3)$6.1 millionPetoskey, MI
10Northern Piedmont Community Foundation501(c)(3)$3.9 millionWarrenton, VA
11Community Foundation Serving Southwest Colorado501(c)(3)$3.2 millionDurango, CO
12Door County Community Foundation501(c)(3)$4.4 millionSturgeon Bay, WI
13Community Foundation of Anne Arundel County501(c)(3)$5.2 millionAnnapolis, MD
14Community Foundation of Wabash County501(c)(3)$8.2 millionNorth Manchester, IN
15Communities of Coastal Georgia Foundation501(c)(3)$4.3 millionSt Simons Island, GA
16Eau Claire Community Foundation (ECCF)501(c)(3)$3.7 millionEau Claire, WI
17Hamot Health Foundation501(c)(3)$2.4 millionErie, PA
18Manhattan Beach Education Foundation (MBEF)501(c)(3)$7.7 millionManhattan Beach, CA
19Waukesha County Community Foundation (WCCF)501(c)(3)$4.7 millionWaukesha, WI
20Gateway Technical College Foundation501(c)(3)$4.3 millionKenosha, WI
21Greater Round Rock Community Foundation501(c)(3)$1.7 millionRound Rock, TX
22Hinds Community College Foundation501(c)(3)$3.3 millionRaymond, MS
23Community Foundation of Central Ga501(c)(3)$12 millionMacon, GA
24Foundation for Maine Community Colleges501(c)(3)$5.0 millionSouth Portland, ME
25Central New York Community Foundation501(c)(3)$25 millionSyracuse, NY