NonprofitsLinville Foundation Inc

Education

Linville Foundation Inc

LINVILLE, NC

Total revenue

$666K

Total expenses

$515K

Net assets

$3.6M

Grants received

$1.1M

105 grants

EIN

821682102

Tax year

2024

Mission

The Foundation inspires, encourages, and supports students in their pursuit of college, graduate, or vocational education through financial aid and the granting of scholarship awards.

Financials

FY 2024

Revenue

Contributions & grants$543K
Program service revenue
Investment income$123K
Other revenue
Total revenue$666K

Expenses

Grants paid$458K
Salaries & benefits
Fundraising
Other expenses$57K
Total expenses$515K
Total assets$3.6M
Net assets$3.6M

People

11 listed

NameRoleCompensation

DAVID THOMPSON

CHAIRMAN

Board

1 hrs/wk

THOMAS DALE

PRESIDENT

Board

1 hrs/wk

DIANNE BAILEY

TRUSTEE

Board

1 hrs/wk

PHILLIP MCWANE

TRUSTEE

Board

1 hrs/wk

HARRISON H WILLIAMSON JR

TRUSTEE

Board

1 hrs/wk

PETER LARKIN

TRUSTEE

Board

1 hrs/wk

CALDWELL ROSE

TRUSTEE

Board

1 hrs/wk

MARY HOLT MURPHY

TRUSTEE

Board

1 hrs/wk

GIGI DEMICK

TRUSTEE

Board

1 hrs/wk

ROBERT SPILMAN III

TRUSTEE

Board

1 hrs/wk

BETSY AUSTIN

SECRETARY / TREASURER

Board

2 hrs/wk

Grants received

Showing 105 of 105

FromAmountPurposeYear
$25K
General Operations
2024
$20K
CHARITABLE GIFT
2024
$10K
SCHOLARSHIP FUND
2024
$7K
2 grant(s) for varying purposes
2024
$5K
PROGRAM SUPPORT
2024
$5K
GENERAL PURPOSE SUPPORT
2024
$2K
General & Unrestricted
2024
$1K
GENERAL FUND
2024
$1K
ASSIST ORGANIZATIONS WITH ITS NEEDS AND GOALS
2024
$500
CHARITABLE GRANTS
2024
$25K
General Operations
2023
$16K
3 grant(s) for varying purposes
2023
$12K
For grant recipient's exempt purposes
2023
$10K
PROVIDING FINANCIAL SUPPORT FOR STUDENTS PURSUING COLLEGIATE EDUCATION
2023
$5K
GENERAL SUPPORT
2023
$5K
SCHOLARSHIP FUND
2023
$5K
PROGRAM SUPPORT
2023
$5K
FURTHER ORGANIZATION'S EXEMPT PURPOSE
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$4K
MATCHING GIFT FOR BOARD MEMBERS & EMPLOYEES
2023
$3K
PROGRAM SUPPORT
2023
$2K
CHARITABLE GRANTS
2023
$2K
General & Unrestricted
2023
$2K
GENERAL PURPOSE SUPPORT
2023
$2K
GENERAL FUNDING
2023
$1K
GENERAL FUND
2023
$1K
ASSIST ORGANIZATIONS WITH ITS NEEDS AND GOALS
2023
$500
TO PROMOTE CHARITABLE CAUSE
2023
$150K
SCHOLARSHIP FUND
2022
$25K
General Operations
2022
$20K
EDUCATION
2022
$15K
GENERAL OPERATING EXPENSE
2022
$12K
For grant recipient's exempt purposes
2022
$5K
TO ASSIST IN EDUCATIONAL OPPORTUNITIES
2022
$5K
GENERAL SUPPORT
2022
$5K
GENERAL OPERATING
2022
$5K
FURTHER ORGANIZATION'S EXEMPT PURPOSE
2022
$3K
PROVIDING FINANCIAL SUPPORT FOR STUDENTS PURSUING COLLEGIATE EDUCATION
2022
$2K
General & Unrestricted
2022
$2K
CHARITABLE GRANTS
2022
$1K
TO PROVIDE FINANCIAL AID TO STUDENTS PURSUING COLLEGE, GRADUATE OR VOCATIONAL EDUCATION
2022
$1K
GENERAL FUND
2022
$1K
ASSIST ORGANIZATIONS WITH ITS NEEDS AND GOALS
2022
$500
TO FULFILL THE EXEMPT PURPOSES OF THE CHARITY
2022
$250
ASSIST ORGANIZATIONS WITH ITS NEEDS AND GOALS
2022
$100
EDUCATIONAL SUPPORT
2022
$150K
1SCHOLARSHIP FUND
2021
$14K
For grant recipient's exempt purposes
2021
$14K
For grant recipient's exempt purposes
2021
$5K
FURTHER ORGANIZATION'S EXEMPT PURPOSE
2021
$2K
CHARITABLE GRANTS
2021
$2K
General & Unrestricted
2021
$1K
GENERAL PURPOSE
2021
$600
TO FULFILL THE EXEMPT PURPOSES OF THE CHARITY
2021
$150K
SCHOLARSHIP FUND
2020
$10K
For grant recipient's exempt purposes
2020
$5K
CHARITABLE GRANTS
2020
$4K
SCHOLARSHIP FUND
2020
$3K
FURTHER ORGANIZATION'S EXEMPT PURPOSE
2020
$1K
GENERAL FUND
2020
$600
TO FULFILL THE EXEMPT PURPOSES OF THE CHARITY
2020
$100
AID RECIPIENT'S CHARITABLE PURPOSE
2020
$15K
For grant recipient's exempt purposes
2019
$150K
SCHOLARSHIP FUND
2018
$5K
FURTHER ORGANIZATION'S EXEMPT PURPOSE
2018
$5K
General & Unrestricted
2018
$3K
TO FULFILL THE EXEMPT PURPOSES OF THE CHARITY
2018
$3K
CHARITABLE GRANTS
2018
$2K
TO PROMOTE CHARITABLE CAUSE
2018
$2K
SCHOLARSHIP FUND
2017

Funded by

$1.1M from 40 funders · 105 grants · 2017–2024

The Mary H Cain Foundation

$600K · 4 grants · 2018–2022

Fidelity Investments Charitable Gift Fund

$77K · 6 grants · 2019–2023

Motamed Family Foundation

$75K · 3 grants · 2022–2024

Monica D Phillips Foundation Inc

$30K · 2 grants · 2021–2024

The Winston-Salem Foundation

$23K · 2 grants · 2023–2024

The Shearon And Taylor Glover

$23K · 5 grants · 2018–2023

Dalton-Brand Foundation Inc

$21K · 4 grants · 2017–2024

Foundation For The Carolinas

$20K · 1 grant · 2024

Details

EIN821682102
NTEE codeB82
Subsection03
Ruling date2017-10
Formed2017
Employees0
Volunteers0
LINVILLE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo