Cause IQ organization profile

Golden LEAF Foundation

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

Golden LEAF Foundation is a economic development organization based in Rocky Mount, NC that was founded in 1999. As of 2019 they had $104 million in revenue and $1.1 billion in assets.

Golden LEAF's mission is to increase economic opportunity in North Carolina's rural and tobacco-dependent communities through leadership in grantsmaking, collaboration, innovation, and stewardship as an independent and perpetual foundation.

Previous legal names or variations of their name include: The Golden Leaf.

EIN:
52-2204473
City:
State:
Website:
Phone:
252-442-7474
Founded:
1999
Type:
501(c)(3)
NTEE:
Revenue:
$104,363,176
Assets:
$1,192,806,381
Employees:
17
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at Golden LEAF Foundation

The primary purpose for which this Corporation was formed is to promote the social welfare and lessen the burdens of government by receiving and distributing funds to be used to provide economic impact assistance to economically affected or tobacco-dependent regions of North Carolina. In accordance with the consent decree and final judgment in state of north Carolina V. Phillip Morris Incorporated, ET AL., 98 CVS 14377. Activities in which the corporation may engage in the state of North Carolina include, but are not limited to, the following: 1. Education Assistance- provision of funds for educational programs for tobacco farmers and other workers impacted or projected to be impacted by the decline in demand for and/or production of tobacco or tobacco products. 2. Job training and employment assistance - Provision of loans and grants, to be used for job training and other employment-related programs to organizations assisting tobacco farmers and other ...

Form 990s for Golden LEAF Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-06Jan 22, 2020990View PDF
2018-06Feb 21, 2019990View PDF
2017-06Jan 19, 2018990View PDF
2016-06Apr 12, 2017990View PDF
2015-06Jan 14, 2016990View PDF
...and five more Form 990 PDFs

Financials for Golden LEAF Foundation

Field2019
Total grants, contributions, etc.$57,739,692
Program services$0
Investment income and dividends$16,891,425
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$29,724,619
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,440
Total revenues$104,363,176

Vendors for Golden LEAF Foundation

VendorServicesAmount paidDate
WordPressContent management system software2020-02-21
███ ███ ███Tax accounting2018-11-30
███Investment Maintenance$419,3092018-06-01
█████ ████████ ███ ██████████Invest Consulting$336,3952018-06-01
██████████ █████████████ █████████ ███Investment Maintenance$556,5312018-06-01
███ ██████████ ██████████Investment Management$388,0472018-06-01
██████████ ██████████ ███████ ███Investment Maintenance$326,1932018-06-01

Personnel at Golden LEAF Foundation

NameTitleCompensationMost recent data
Dan GerlachPresident$194,517June 30, 2018
Scott T. HamiltonPresident, Chief Executive Officer-June 23, 2020
██████ ████Vice President Programs and Staff Atty$129,095June 30, 2018
███ ████Acting President and Senior Vice President and Staff Attorney / Vice President of Programs-June 23, 2020
████ ██████Senior Director of Administrative Services-June 23, 2020
█████ ████████Director of External Affairs and Director of Programs - Disaster Recovery / Director of Government Relations and Director of Programs / Program Officer - Hurricane Recovery-June 23, 2020
███████ █████Director of Programs / Program Officer-June 23, 2020
█████ ██████ ███████Director of Programs and Program Administration / Program Officer-June 23, 2020
█████ █████████President / Board Chairman / Director - Board Chair$1,352June 23, 2020
█████ ██████Director - Treasurer$1,248June 23, 2020
...and 12 more key personnel

Peer economic development organizations

 NameTypeRevenueLocation
1Onestar Foundation501(c)(3)$36 millionAustin, TX
2North Carolina Partnership for Children501(c)(3)$104 millionRaleigh, NC
3NC MedAssist501(c)(3)$72 millionCharlotte, NC
4Hans Charitable Supporting Trust501(c)(3)$37 millionFarmington Hills, MI
5Business Leadership Organized for Catholic Schools (BLOCS)501(c)(3)$39 millionKing of Prussia, PA
6Ohio State University Foundation (OSUF)501(c)(3)$261 millionColumbus, OH
7Greater Washington Community Foundation501(c)(3)$96 millionWashington, DC
8American Society for Yad Vashem501(c)(3)$36 millionNew York, NY
9The Assistance Fund501(c)(3)$213 millionOrlando, FL
10Freedom Forum501(c)(3)$30 millionWashington, DC
11Workforce Solutions Greater Dallas501(c)(3)$98 millionDallas, TX
12CMG501(c)(3)$46 millionWashington, DC
13Raymond James Charitable Endowment Fund501(c)(3)$201 millionSt Petersburg, FL
14Clemson University Foundation501(c)(3)$54 millionClemson, SC
15Disabled Veterans National Foundation (DVNF)501(c)(3)$27 millionLanham, MD
16ImpactAssets501(c)(3)$131 millionBethesda, MD
17National CHILDREN'S Cancer Society (NCCS)501(c)(3)$26 millionSt Louis, MO
18California Community Foundation501(c)(3)$279 millionLos Angeles, CA
19American Kidney Fund (AKF)501(c)(3)$301 millionRockville, MD
20Ub Foundation Activities501(c)(3)$89 millionBuffalo, NY
21Gulf of Mexico Alliance (GOMA)501(c)(3)$27 millionOcean Springs, MS
22Empower Illinois501(c)(3)$50 millionChicago, IL
23The Voter Participation Center501(c)(3)$26 millionWashington, DC
24Aspen Global Change Institute (AGCI)501(c)(3)$62 millionBasalt, CO
25Michigan Health Endowment Fund501(c)(3)$92 millionBrighton, MI