EIN 56-1330792

Community Foundation of Henderson County

IRS 501(c) type
501(c)(3)
Num. employees
8
Year formed
1982
Most recent tax filings
2022-06-01
NTEE code, primary
Description
Helping people who care make lasting contributions to causes that matter, Community Foundation of Henderson County is a highly visible, philanthropic leader directed by an engaged and committed board, staffed by qualified employees, empowering donors at all levels to invest in professionally managed charitable funds that address Community needs. Build, manage and grant charitable capital and serving individuals, family and Community philanthropy.
Total revenues
$11,832,432
2022
Total expenses
$6,360,109
2022
Total assets
$121,395,555
2022
Num. employees
8
2022

Program areas at Community Foundation of Henderson County

Founded in 1982, Community Foundation of Henderson County serves the entire Community by receiving, managing, distributing funds for charitable purposes, and consultation on charitable programs to fulfill donor's wishes, contributions may be pooled and invested, so that the income provides a permanent source of grant monies for general or specific purposes. The Foundation awards grants through both competitive and non-competitive processes with the greatest number of grants being non-competitive, including designated and donor advised grants. Grants were awarded to 290 organizations representing a broad spectrum of services, grants are categorized into eight program areas: animal care, arts and culture, civic and Community affairs, conservation, education, health, human services and other. The Foundation uses strategies on convening Community interests; engage leadership, volunteers and organizations to work collaboratively on Community issues.
The Foundation was originally founded with funds designated for scholarship purposes. Over the years, this area of focus has grown to now include 110 scholarship funds. The Foundation administers a scholarship program that each year helps local students pursue their dreams and goals at colleges, universities, and trade or technical schools. In the fiscal year 2021-2022, academic awards and scholarships were awarded to 261 individuals primarily in Henderson County, north carolina. The majority of the Foundation scholarships are based on academic ability and financial need. However, some scholarships have specific eligibility requirements based on the donor's charitable desires. Actual awards vary depending upon the available income in each individual scholarship fund.

Grants made by Community Foundation of Henderson County

GranteeAmount
Pardee Memorial Hospital Foundation$436,467
The Salvation Army / Territorial Headquarters$270,338
Blue Ridge Humane Society (BRHS)$137,756
...and 73 more grants made totalling $2,591,351

Who funds Community Foundation of Henderson County

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Sunshine ArtsDistribution To Dissolve$550,060
Community Foundation of Henderson County$134,987
Eagle Market Streets Development Corporation (EMSDC)Co-Thinkk Awards$106,500
...and 3 more grants received

Personnel at Community Foundation of Henderson County

NameTitleCompensation
McCray BensonPresident$188,731
Rachel BuchananChief Financial Officer$105,003
Wendy HamilDonor Services Manager
Andrea RogersController / Accountant and Systems Manager
Bill McKibbinChair$0
...and 10 more key personnel

Financials for Community Foundation of Henderson County

RevenuesFYE 06/2022
Total grants, contributions, etc.$6,226,501
Program services$0
Investment income and dividends$5,121,017
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$484,914
Total revenues$11,832,432

Form 990s for Community Foundation of Henderson County

Fiscal year endingDate received by IRSFormPDF link
2021-062021-11-15990View PDF
2020-062021-03-31990View PDF
2019-062020-02-13990View PDF
2018-062018-12-22990View PDF
2017-062017-12-27990View PDF
...and 9 more Form 990s
Data update history
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 18, 2023
Updated personnel
Identified 3 new personnel
May 20, 2023
Used new vendors
Identified 1 new vendor, including
May 13, 2023
Received grants
Identified 1 new grant, including a grant for $3,000 from The Fullgraf Foundation
September 24, 2021
Received grants
Identified 2 new grant, including a grant for $3,000 from The Fullgraf Foundation
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelEndowed supportTax deductible donations
General information
Address
401 N Main St Ste 300
Hendersonville, NC 28792
Metro area
Asheville, NC
County
Henderson County, NC
Website URL
cfhcforever.org/ 
Phone
(828) 697-6224
IRS details
EIN
56-1330792
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1982
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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