Nonprofits›Gaston Community Foundation

Community Foundations

Gaston Community Foundation

GASTONIA, NC

WebsiteView as a funder

Total revenue

$12.1M

Total expenses

$11.5M

Net assets

$100.2M

Grants received

$12.0M

67 grants

EIN

581340834

Tax year

2024

Mission

Our mission is to inspire generosity, uplift nonprofits, and connect donors with community needs.

Programs

1 program

Gaston community foundation makes unrestricted grants to organizations and programs operating in gaston county or primarily for the benefit of gaston county citizens through an annual competitive grant application process.

Expenses: $3.0MGrants: $3.0M

Financials

FY 2024

Revenue

Contributions & grants$8.8M
Program service revenue$318K
Investment income$2.2M
Other revenue$787K
Total revenue$12.1M

Expenses

Grants paid$10.3M
Salaries & benefits$797K
Fundraising$415K
Other expenses$382K
Total expenses$11.5M
Total assets$145.4M
Net assets$100.2M

People

22 listed

NameRoleCompensation

ERNEST W SUMNER

PAST PRESIDE

Board

$184K

40 hrs/wk

DAVID ROGERS

BOARD CHAIR

Board

—

1 hrs/wk

JOHN MCGILL

SECRETARY/TR

Board

—

1 hrs/wk

NAZRUL CHOWDURY

DIRECTOR

Board

—

1 hrs/wk

ROBERT CALDWELL

DIRECTOR

Board

—

1 hrs/wk

JENNIFER DAVIS

DIRECTOR

Board

—

1 hrs/wk

MARK EPSTEIN

DIRECTOR

Board

—

1 hrs/wk

MIKE FAYED

DIRECTOR

Board

—

1 hrs/wk

JOHN GRIFFITH

DIRECTOR

Board

—

1 hrs/wk

DR KELVIN HARRIS

DIRECTOR

Board

—

1 hrs/wk

DAVIDSON HOBSON

DIRECTOR

Board

—

1 hrs/wk

CHRIS PEEK

INVESTMENT C

Board

—

1 hrs/wk

ANTHONY POWELL

GRANTS CHAIR

Board

—

1 hrs/wk

AMY SPENCER

DEVELOPMENT

Board

—

1 hrs/wk

ROBERT SPENCER

VICE CHAIR

Board

—

1 hrs/wk

JENNIE STULTZ

DIRECTOR

Board

—

1 hrs/wk

PAM WARLICK

DIRECTOR

Board

—

1 hrs/wk

DAVID WOFFORD

DIRECTOR

Board

—

1 hrs/wk

JOHN LOWERY

DIRECTOR

Board

—

1 hrs/wk

JANE PEARSON

DIRECTOR

Board

—

1 hrs/wk

NANCY PASCHALL

PAST CHAIR

Board

—

STEVEN WILSON

DIRECTOR

Board

—

1 hrs/wk

Grants received

Showing 67 of 67

FromAmountPurposeYear
The David Belk Cannon Foundation
$1.5M
New Hope Business District
2024
THE W DUKE KIMBRELL FAMILY FOUNDATION
$1.1M
FUND DONOR ADVISED FUND TO FUND CHARITABLE ACTIVITIES FOR THE COMMUNITY AS DIRECTED BY THE FOUNDATION'S DIRECTORS
2024
The David Belk Cannon Foundation
$544K
DBC Donor Advised Fund, Rankin Fund, Strategic Planning
2024
NETWORK FOR GOOD
$122K
UNRESTRICTED
2024
Eugene R Matthews Memorial Fund
$25K
Donor Advised Fund
2024
NATL CHRISTIAN CHARITABLE FDN INC
$9K
GIVING AND GENEROSITY
2024
THE SENTRY FOUNDATION
$1K
GENERAL FUND
2024
The David Belk Cannon Foundation
$1M
New Hope Business District
2023
The David Belk Cannon Foundation
$766K
DBC Donor Advised Fund
2023
NETWORK FOR GOOD
$130K
UNRESTRICTED
2023
Eugene R Matthews Memorial Fund
$125K
Donor Advised Fund
2023
GASTON MEMORIAL HOSPITAL INC
$100K
Community Assistance
2023
RALPH S ROBINSON FAMILY FOUNDATION
$30K
FRIENDS OF THE LIBRARY
2023
THE HOWE FOUNDATION INC
$23K
DONEE ORGANIZATION
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$20K
For grant recipient's exempt purposes
2023
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$14K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
The Hendricks-Cox Foundation
$11K
Donation
2023
FOUNDATION FOR THE CAROLINAS
$10K
CHARITABLE GIFT
2023
GASTON MEMORIAL HOSPITAL INC
$10K
Community Assistance
2023
NATL CHRISTIAN CHARITABLE FDN INC
$9K
SUPPORT
2023
The Bank of America Charitable Foundation Inc
$2K
PROGRAM/OPERATING SUPPORT
2023
THE W DUKE KIMBRELL FAMILY FOUNDATION
$1.6M
EXEMPT CHARITABLE PURPOSE OF THE ORGANIZATION
2022
The David Belk Cannon Foundation
$1.1M
DBC Donor Advised Fund
2022
NETWORK FOR GOOD
$137K
UNRESTRICTED
2022
GASTON MEMORIAL HOSPITAL INC
$100K
COMMUNITY ASSITANCE
2022
Eugene R Matthews Memorial Fund
$64K
Donor Advised Fund
2022
RALPH S ROBINSON FAMILY FOUNDATION
$61K
FRIENDS OF THE LIBRARY
2022
TRUIST FOUNDATION INC
$50K
GENERAL OPERATING
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$28K
For grant recipient's exempt purposes
2022
THE STOWE FOUNDATION INC
$25K
CHARITABLE
2022
ASSOCIATED FOUNDATION INCORPORATED
$18K
COMMUNITY CHARITABLE
2022
The Hendricks-Cox Foundation
$11K
Donation
2022
GASTON MEMORIAL HOSPITAL INC
$10K
COMMUNITY ASSITANCE
2022
DUKE ENERGY FOUNDATION
$3K
EMPLOYEE MATCHING GIFT DONATION
2022
GASTON MEMORIAL HOSPITAL INC
$110K
COMMUNITY ASSISTANCE
2021
NETWORK FOR GOOD
$95K
UNRESTRICTED
2021
DONOR ADVISED CHARITABLE GIVING INC
$13K
PUBLIC, SOCIETAL BENEFIT
2021
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$12K
For recipient's exempt purpose
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$11K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$11K
For grant recipient's exempt purposes
2021
The Hendricks-Cox Foundation
$8K
Donation
2021
THE W DUKE KIMBRELL FAMILY FOUNDATION
$1.5M
EXEMPT CHARITABLE PURPOSE OF THE ORGANIZATION
2020
The David Belk Cannon Foundation
$675K
GENERAL SUPPORT, S. NEW HOPE ROAD LAND
2020
The David Belk Cannon Foundation
$260K
GENERAL SUPPORT, DBC DAF FUND
2020
NETWORK FOR GOOD
$121K
Unrestricted
2020
RALPH S ROBINSON FAMILY FOUNDATION
$46K
GENERAL SUPPORT
2020
Eugene R Matthews Memorial Fund
$44K
Donor Advised Fund
2020
ASSOCIATED FOUNDATION INCORPORATED
$12K
COMMUNITY CHARITABLE
2020
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
RALPH S ROBINSON FAMILY FOUNDATION
$10K
FRIENDS OF THE LIBRARY
2020
GASTON MEMORIAL HOSPITAL INC
$10K
COMMUNITY ASSISTANCE
2020
MIRIAM S & WILLIAM T HALL JR
$9K
COMMUNITY GRANTS
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$7K
For grant recipient's exempt purposes
2020
The Bank of America Charitable Foundation Inc
$5K
GENERAL SUPPORT
2020
THE STOWE FOUNDATION INC
$1K
CHARITABLE
2020
The Bank of America Charitable Foundation Inc
$950
GENERAL SUPPORT
2020
LENA SUE AND C GRIER BEAM FAMILY
$794
CHARITABLE-RELIEF FOR DISTRESSED
2020
RALPH S ROBINSON FAMILY FOUNDATION
$250
MENDED HEARTS OF GASTONIA
2020
ASSOCIATED FOUNDATION INCORPORATED
$19K
COMMUNITY CHARITABLE
2019
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$9K
For grant recipient's exempt purposes
2019
MIRIAM S & WILLIAM T HALL JR
$8K
COMMUNITY GRANTS
2019
NETWORK FOR GOOD
$105K
Unrestricted
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$16K
For grant recipient's exempt purposes
2018
DONOR ADVISED CHARITABLE GIVING INC
$11K
PUBLIC, SOCIETAL BENEFIT
2018
ALLIANCE FOR CHILDREN AND YOUTH COM
$10K
CHARITABLE FUNDING
2018
GASTON MEMORIAL HOSPITAL INC
$15K
COMMUNITY ASSISTANCE
2017
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$7K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$12.0M from 22 funders · 67 grants · 2017–2024

The David Belk Cannon Foundation

$5.8M · 7 grants · 2020–2024

The W Duke Kimbrell Family Foundation

$4.2M · 3 grants · 2020–2024

Network For Good

$709K · 6 grants · 2018–2024

Gaston Memorial Hospital Inc

$355K · 7 grants · 2017–2023

Eugene R Matthews Memorial Fund

$257K · 4 grants · 2020–2024

Ralph S Robinson Family Foundation

$148K · 5 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$109K · 8 grants · 2017–2023

Truist Foundation Inc

$50K · 1 grant · 2022

Details

EIN581340834
NTEE codeT310
Subsection03
Ruling date1979-05
Formed1978
Employees8
Volunteers200
GASTON COMMUNITY FOUNDATION — Mission, Financials & Grants Received | Grantivo