NonprofitsAbundance Capital

Philanthropy, Voluntarism & Grantmaking Foundations

Abundance Capital

GREENVILLE, SC

Total revenue

$837K

Total expenses

$342K

Net assets

$2.3M

Grants received

$1.6M

25 grants

EIN

872850443

Tax year

2024

Mission

Abundance capital is a nonprofit, venture philanthropy platform, helping charitable donors activate place-based impact investing, generating inclusive prosperity and creating sustainable local economies.

Financials

FY 2024

Revenue

Contributions & grants$738K
Program service revenue$44K
Investment income$55K
Other revenue
Total revenue$837K

Expenses

Grants paid
Salaries & benefits$186K
Fundraising
Other expenses$156K
Total expenses$342K
Total assets$2.3M
Net assets$2.3M

People

7 listed

NameRoleCompensation

MIKE GATCHELL

CEO/CO-FOUND

Board

$87K

40 hrs/wk

MARGARET GIFFORD

CO-FOUNDER

Board

$87K

40 hrs/wk

FRANCIE HELLER

BOARD MEMBER

Board

1 hrs/wk

CRAIG LUNDGREN

BOARD MEMBER

Board

1 hrs/wk

ERIN OUZTS

BOARD MEMBER

Board

1 hrs/wk

CARLTON OWEN

BOARD MEMBER

Board

1 hrs/wk

JOHN SIMPKINS

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 25 of 25

FromAmountPurposeYear
$100K
SUPPORT FOR GREENBOOK HOUSE
2024
$92K
PHILANTHROPY
2024
$60K
MULTIPLE GRANTS AWARDED
2024
$50K
GENERAL OPERATING SUPPORT
2024
$45K
GENERAL PURPOSE
2024
$15K
FOR GENERAL OPERATING SUPPORT
2024
$10K
FOR GENERAL OPERATING SUPPORT
2024
$10K
TO FURTHER THE PURPOSE OF THE CHARITABLE ORGANIZATION
2024
$8K
GENERAL SUPPORT
2024
$333K
WNC ABUNDANCE CAPITAL ECOSYSTEM ENGAGEMENT PROGRAM.
2023
$155K
For grant recipient's exempt purposes
2023
$140K
General Operations
2023
$55K
FOR GENERAL OPERATING SUPPORT
2023
$55K
FOR GENERAL OPERATING SUPPORT
2023
$53K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$25K
GENERAL OPERATING SUPPORT
2023
$20K
FAMILY RESOURCE CENTER
2023
$20K
GENERAL DONATIONS
2023
$5K
TO SUPPORT GENERAL OPERATIONS OF THE ORGANIZATION
2023
$200K
GENERAL OPERATIONS
2022
$26K
PUBLIC, SOCIETAL BENEFIT
2022
$25K
OPERATING EXPENSES
2022
$8K
For grant recipient's exempt purposes
2022
$5K
TO SUPPORT GENERAL OPERATIONS OF THE ORGANIZATION
2022
$42K
PUBLIC, SOCIETAL BENEFIT
2021

Funded by

$1.6M from 15 funders · 25 grants · 2021–2024

The Jolley Foundation

$340K · 2 grants · 2022–2023

Dogwood Health Trust

$333K · 1 grant · 2023

Hollingsworth Funds Inc

$200K · 4 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$163K · 2 grants · 2022–2023

The Community Foundation For

$135K · 4 grants · 2023–2024

American Endowment Foundation

$92K · 1 grant · 2024

Donor Advised Charitable Giving Inc

$68K · 2 grants · 2021–2022

Grand Rapids Community Foundation

$60K · 1 grant · 2024

Details

EIN872850443
NTEE codeT99
Subsection03
Ruling date2021-12
Formed2021
Employees0
Volunteers1
ABUNDANCE CAPITAL — Mission, Financials & Grants Received | Grantivo