NonprofitsSpringmoor Endowment Fund Inc

Springmoor Endowment Fund Inc

RALEIGH, NC

Total revenue

$954K

Total expenses

$327K

Net assets

$9.7M

Grants received

$64K

10 grants

EIN

561853969

Tax year

2024

Mission

To maintain in residence any resident who because of a financial reversal are otherwise unable to pay their regular charges and otherwise meeting these residents needs.

Programs

1 program

Annuity payments to donors

Expenses: $18K

Financials

FY 2024

Revenue

Contributions & grants$152K
Program service revenue
Investment income$801K
Other revenue
Total revenue$954K

Expenses

Grants paid$291K
Salaries & benefits
Fundraising
Other expenses$36K
Total expenses$327K
Total assets$9.8M
Net assets$9.7M

People

9 listed

NameRoleCompensation

WILLIAM BAXLEY

PRESIDENT

Board

ERNEST CARRAWAY JR

VICE PRESIDE

Board

JUDY HILL

SECRETARY

Board

CHARLES B BALLARD

MEMBER

Board

NINA COLE

MEMBER

Board

MARY ANN FREEMAN

MEMBER

Board

SUSAN WALTON

MEMBER

Board

CHUCK MILLSAPS

MEMBER

Board

WELLS EDMUNDSON

MEMBER

Board

Grants received

Showing 10 of 10

FromAmountPurposeYear
$5K
GENERAL DONATION
2024
$11K
For grant recipient's exempt purposes
2023
$5K
GENERAL DONATION
2023
$5K
GENERAL DONATION
2022
$8K
For grant recipient's exempt purposes
2020
$5K
GENERAL DONATION
2020
$5K
GENERAL DONATION
2019
$10K
GENERAL DONATION
2018
$10K
GENERAL PURPOSE
2018

Funded by

$64K from 4 funders · 10 grants · 2018–2024

Nancy A Wright Foundation Inc

$35K · 6 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$19K · 2 grants · 2020–2023

Triangle Community Foundation Inc

$10K · 1 grant · 2018

Bell Koonce Burnette Foundation

$50 · 1 grant · 2020

Details

EIN561853969
Subsection03
Ruling date1994-08
Formed1993
Employees0
SPRINGMOOR ENDOWMENT FUND INC — Mission, Financials & Grants Received | Grantivo