EIN 52-2204473

Golden LEAF Foundation

IRS 501(c) type
501(c)(3)
Num. employees
22
Year formed
1999
Most recent tax filings
2020-06
Description
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.
Also known as...
The Golden Leaf

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 workers dependent on tobacco farming, production and sales to transition to other sources of income. 3. Scientific research - Provision of funding for scientific research to develop new uses for tobacco or for the development of alternative cash crops. 4. Economic hardship assistance - Provision of direct grants, loans and other assistance programs to alleviate economic hardship, poverty or need experienced by tobacco farmers, quota owners, their families and others as a result of decline in quota and/or production of tobacco or tobacco products. 5. Public works and industrial recruitment - Provision of grants and loans to local governments for upgrading utilities, transportation, and other public service infrastructure to attract new businesses or for more general economic development purposes. 6. Health and human services - Provision of funding for improved health care and other social services needed to maintain the stability of tobacco-dependent communities. 7. Community assistance - Provision of direct grants and loans to economically depressed and deteriorating tobacco-dependent communities to be used exclusively for public purposes.

Form 990s for Golden LEAF Foundation

Fiscal year endingDate received by IRSFormPDF link
2020-062021-03-01990View PDF
2019-062020-01-22990View PDF
2018-062019-02-21990View PDF
2017-062018-01-19990View PDF
2016-062017-04-12990View PDF
...and 6 more Form 990s

Who funds Golden LEAF Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
MCNCTo Support Rural Broadband for Economic Development, Education, Health Care, Non-Profits, & Anchor Institutions.$239,692

Grants made by Golden LEAF Foundation

GranteeGrant descriptionAmount
North Carolina Rural CenterSee Part Iv$20,227,608
 Subscribe to view██ ██ █$9,999,999
 Subscribe to view██ ██ █$9,999,999
 Subscribe to view██ ██ █$999,999
 Subscribe to view██ ██ █$999,999
...and 43 more grants made

Financials for Golden LEAF Foundation

RevenuesFYE 06/2020
Total grants, contributions, etc.$42,706,990
Program services$0
Investment income and dividends$16,352,323
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$26,066,446
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$390
Total revenues$85,126,149

Personnel at Golden LEAF Foundation

NameTitleCompensation
Scott T HamiltonPresident, Chief Executive Officer$24,296
Edward LordVice President Programs and Staff Atty$175,775
Ted LordActing President and Senior Vice President and Staff Attorney / Vice President of Programs
 Subscribe to viewDirector of Investments$112,731
 Subscribe to viewSenior Director of Administrative Services
...and 16 more key personnel

Organizations like Golden LEAF Foundation

OrganizationLocationRevenue
Georgia Tech FoundationAtlanta, GA$373,671,968
Community Foundation of New JerseyMorristown, NJ$124,792,561
Clemson University FoundationClemson, SC$57,417,359
East Bay Community Foundation (EBCF)Oakland, CA$34,892,160
Colorado State University FoundationFort Collins, CO$91,973,650
Virginia Tech FoundationBlacksburg, VA$233,401,085
East Tennessee Foundation (ETF)Knoxville, TN$22,882,589
Arkansas Community FoundationLittle Rock, AR$36,585,354
University of Louisville FoundationLouisville, KY$57,412,218
University of Colorado FoundationDenver, CO$288,964,718
Community Foundation of the Chattahoochee ValleyColumbus, GA$21,478,124
Community Foundation for Northeast FloridaJacksonville, FL$77,525,107
George Mason University FoundationFairfax, VA$154,000,977
George Kaiser Family Foundation (GKFF)Tulsa, OK$369,032,460
ASU FoundationTempe, AZ$246,041,374
Essex County Community Foundation (ECCF)Danvers, MA$26,450,422
Tulsa Community Foundation (TCF)Tulsa, OK$118,540,798
San Francisco State University FoundationSan Francisco, CA$51,755,929
Community Foundation of Greater GreensboroGreensboro, NC$26,286,477
Community Foundation of Greater Des MoinesDes Moines, IA$97,760,217
Blue Meridian PartnersNew York, NY$194,934,237
Maine Technology Institute (MTI)Brunswick, ME$35,533,893
Mississippi State University FoundationMississippi State, MS$65,176,762
King Baudouin Foundation UsNew York, NY$27,443,189
AAA Scholarship FoundationTampa, FL$51,697,976
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$85,126,149
2020
Yearly growth
-18.4%
% of revenues
n/a
Total expenses
$79,357,817
2020
Yearly growth
22.3%
% of expenses
n/a
Total assets
$1,207,394,628
2020
Yearly growth
1.2%
% of assets
n/a
Num. employees
22
2020
Yearly growth
29.4%
% of total
n/a
General information
Address
301 N Winstead Avenue
Rocky Mount, NC 27804
Metro area
Rocky Mount, NC
Website URL
goldenleaf.org/ 
Phone
(252) 442-7474
IRS details
EIN
52-2204473
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S12: Community Improvement and Capacity Building Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent