NonprofitsAppalachian Community Capital Development Foundation

Public Foundations

Appalachian Community Capital Development Foundation

CHRISTIANSBRG, VA

Total revenue

$6.1M

Total expenses

$6.1M

Net assets

$42K

Grants received

$23.5M

13 grants

EIN

462827486

Tax year

2024

Mission

To increase small business lending by providing appalachian member institutions that serve underserved people and communities with new sources of capital.

Financials

FY 2024

Revenue

Contributions & grants$5.9M
Program service revenue
Investment income
Other revenue$145K
Total revenue$6.1M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$6.1M
Total expenses$6.1M
Total assets$18.3M
Net assets$42K

People

9 listed

NameRoleCompensation

DONNA GAMBRELL

PRESIDENT & CEO

Board

1 hrs/wk

CLINTON B GWIN

CHAIR

Board

1.5 hrs/wk

MARTEN JENKINS

TREASURER

Board

1.5 hrs/wk

NEIL S WRIGHT

SECRETARY

Board

1.5 hrs/wk

RAYMOND CHRISTMAN

DIRECTOR

Board

1.5 hrs/wk

CLYDE CORNETT

DIRECTOR

Board

1.5 hrs/wk

GRACE FRICKS

DIRECTOR

Board

1.5 hrs/wk

MATT RAKER

DIRECTOR

Board

1.5 hrs/wk

JULIA PARKER

CHIEF LENDING OFFICER

Staff

1 hrs/wk

Grants received

Showing 13 of 13

FromAmountPurposeYear
$21M
SMALL BUSINESS RECOVERY GRANTS AND LOW-COST CAPITAL POST-HELENE.
2024
$1.1M
TO SUPPORT CAPACITY BUILDING
2024
$350K
1 grant(s) for varying purposes
2024
$250K
CORE SUPPORT FOR ITS WORK TO PROVIDE EMERGENCY RELIEF TO SMALL BUSINESSES AND EMPLOYEES IMPACTED BY HURRICANE HELENE
2024
$200K
Community Development
2024
$133K
80071 GENERAL OPERATING SUPPORT FOR APPALACHIAN COMMUNITY CAPITAL DEVELOPMENT FOUNDATION
2024
$50K
TO SUPPORT COMMUNITIES WITH TECHNICAL ASSISTANCE, PREDEVELOPMENT, AND PROJECT DESIGN IN PLACES WHERE RESOURCES AND SUPPORT SYSTEMS ARE SCARCE (OVER TWO YEARS)
2024
$50K
RURAL INVESTMENT COLLABORATIVE
2024
$25K
RURAL INVESTMENT COLLABORATIVES TECHNICAL ASSISTANCE FOR EATERN NC PARTICIPANTS
2024
$20K
RURAL INVESTMENT COLLABORATIVE: COMMUNITY INVESTMENT TRAINING
2024
$150K
OFNS SMALL BUSINESS GRANT PROGRAM FUNDED BY GOOGLE.ORG
2021
$100K
GRANT TO SUPPORT COVID-19 RELIEF EFFORTS IN THE APPALACHIAN REGION.
2020

Funded by

$23.5M from 13 funders · 13 grants · 2020–2024

Dogwood Health Trust

$21M · 1 grant · 2024

Rf Catalytic Capital Inc

$1.1M · 1 grant · 2024

The Winston-Salem Foundation

$350K · 1 grant · 2024

The Ford Foundation

$250K · 1 grant · 2024

Silicon Valley Community Foundation

$200K · 1 grant · 2024

Opportunity Finance Network

$150K · 1 grant · 2021

The Robert Wood Johnson Foundation

$133K · 1 grant · 2024

Details

EIN462827486
NTEE codeT30
Subsection03
Ruling date2014-06
Formed2013
Employees0
Volunteers7
APPALACHIAN COMMUNITY CAPITAL DEVELOPMENT FOUNDATION — Mission, Financials & Grants Received | Grantivo