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, 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.
Grants made by Gaston Community Foundation
Who funds Gaston Community Foundation
Grants from foundations and other nonprofits
Personnel at Gaston Community Foundation
| Name | Title | Compensation | Date of data |
|---|
| Ernest Sumner | President | $150,000 | 2022-07-16 |
| David Rogers | Vice Chairman / Investment Director | $0 | 2022-07-16 |
| Arthur M. Spencer, IV | Development Director | $0 | 2020-12-31 |
| Tim Efird | Board Chair | $0 | 2022-07-16 |
| Nancy Paschall | Board Vice Chair | $0 | 2022-07-16 |
| ...and 10 more key personnel |
Financials for Gaston Community Foundation
| Revenues | FYE 12/2021 | FYE 12/2020 | % Change |
|---|
| Total grants, contributions, etc. | $14,753,979 | $5,059,558 | 191.6% |
| Program services | $227,466 | $210,757 | 7.9% |
| Investment income and dividends | $2,306,582 | $1,526,723 | 51.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $10,176 | $10,176 | - |
| Net gain from sale of non-inventory assets | $333,436 | $31,560 | 956.5% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $5,194 | $54,580 | -90.5% |
| Total revenues | $17,636,833 | $6,893,354 | 155.9% |
Organizations like Gaston Community Foundation
| Organization | Type | Location | Revenue |
|---|
| Community Foundation of Greater Greensboro | 501(c)(3) | Greensboro, NC | $40,395,887 |
| Central New York Community Foundation | 501(c)(3) | Syracuse, NY | $49,020,873 |
| Coastal Community Foundation | 501(c)(3) | N Charleston, SC | $80,143,972 |
| Centre County Community Foundation | 501(c)(3) | State College, PA | $14,856,609 |
| Greater Cedar Rapids Community Foundation (GCRCF) | 501(c)(3) | Cedar Rapids, IA | $26,493,454 |
| Rochester Area Community Foundation (RACF) | 501(c)(3) | Rochester, NY | $59,557,190 |
| Whatcom Community Foundation | 501(c)(3) | Bellingham, WA | $32,311,600 |
| The Community Foundation of Frederick County | 501(c)(3) | Frederick, MD | $27,426,900 |
| Community Foundation of Jackson Hole | 501(c)(3) | Jackson, WY | $47,502,372 |
| Greater Worcester Community Foundation | 501(c)(3) | Worcester, MA | $22,847,423 |
Data update history
May 23, 2023
Used new vendors
Identified 2 new vendors, including , and
July 16, 2022
Updated personnel
Identified 6 new personnel
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
- Address
- PO Box 123
- Gastonia, NC 28053
- Metro area
- Charlotte-Concord-Gastonia, NC-SC
- County
- Gaston County, NC
- Website URL
- cfgaston.org/Â
- Phone
- (704) 864-0927
- Twitter profile
- @communityfndgcÂ
IRS details
- EIN
- 58-1340834
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1978
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T31: Community Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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