NonprofitsWnc Bridge Foundation

Philanthropy, Voluntarism & Grantmaking Foundations

Wnc Bridge Foundation

ASHEVILLE, NC

Total revenue

$11.8M

Total expenses

$9.1M

Net assets

$124.7M

Grants received

$23.3M

36 grants

EIN

562110357

Tax year

2024

Mission

To provide funds to assist in meeting the health challenges of people in the communities of wnc and to empower nonprofits to impact individual and community wellness in those communities.

Programs

2 programs

Impact grants of $2,158,796 were awarded to local non-profits in wnc.

Expenses: $2.2MGrants: $2.2M

The organization operates a thrift store and offers estate sales. Income from the thrift store and commissions from estate sales are included in revenue from the sale of inventory. The cost of goods sold for the thrift store, $288,661, is netted with revenue, $1,142,839.the donations to the thrift store are not included in non-cash contributions.

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue
Investment income$9.5M
Other revenue$914K
Total revenue$11.8M

Expenses

Grants paid$4.3M
Salaries & benefits$2.1M
Fundraising$893K
Other expenses$2.7M
Total expenses$9.1M
Total assets$128.6M
Net assets$124.7M

People

24 listed

NameRoleCompensation

SCOTT W BUCHANAN

CEO & PRESIDENT

Board

$215K

40 hrs/wk

MATT GROOME CPA CFP QPFC

CHAIR-ELECT

Board

2 hrs/wk

GAY P VINSON

PAST-CHAIR

Board

2 hrs/wk

KERRY FRIEDMAN JD

TREASURER

Board

2 hrs/wk

DAVID L HAYES

SECRETARY

Board

2 hrs/wk

ELIZABETH COZART

DIRECTOR

Board

1 hrs/wk

EUGENE EDWARDS JR

DIRECTOR

Board

1 hrs/wk

JUDY FUTCH

DIRECTOR

Board

1 hrs/wk

DONNA HASTIE

DIRECTOR

Board

1 hrs/wk

KEVIN BAXTER

DIRECTOR

Board

1 hrs/wk

JEAN LEE JD

DIRECTOR

Board

1 hrs/wk

WILLIAM N LEWIN CPA CGMA

DIRECTOR

Board

1 hrs/wk

RENDI MANN-STADT JD

DIRECTOR

Board

1 hrs/wk

SARAJANE MELTON MHS

DIRECTOR

Board

1 hrs/wk

CATHERINE METZGER

DIRECTOR

Board

1 hrs/wk

LOWELL PEARLMAN

DIRECTOR

Board

1 hrs/wk

LARY A SCHULHOF MD

DIRECTOR

Board

1 hrs/wk

KATE VOGEL

DIRECTOR

Board

1 hrs/wk

ALLISON KRIVATCH

DIRECTOR

Board

1 hrs/wk

JOHN PIERCE

DIRECTOR

Board

1 hrs/wk

WINFIELD WORD-SIMS MD

DIRECTOR

Board

1 hrs/wk

HAIZE LEWIS

DIRECTOR

Board

1 hrs/wk

DAVID W HART

CHAIR

Board

2 hrs/wk

JESSICA BENTLEY

VICE PRESIDENT, FINANCE

Staff

$118K

40 hrs/wk

Independent contractors

BESSEMER TRUST

INVESTMENT MANAGEMENT

$489K

JCS INVESTMENTS LLC

RENTAL OF PROPERTY

$183K

ONEFORCE RESTORATION ATX LLC

NATURAL DISASTER WAREHOUSE CLEAN

$150K

EPSILON INC

IT SUPPORT

$102K

Grants received

Showing 36 of 36

FromAmountPurposeYear
$1M
DIRECT CASH TRANSFERS FOR LOW-INCOME RESIDENTS IMPACTED BY HURRICANE HELENE.
2024
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$500K
SHILOH COMMUNITY REVITALIZATION.
2023
$15K
COMMUNITY OUTREACH
2023
$6K
PROMOTING QUALITY HEALTH
2023
$250
CONTRIBUTION
2023
$200K
THIS PROJECT IS PART OF THE HOME REPAIR FUNDING UMBRELLA GRANT OPPORTUNITY IN WHICH LEGACY FOUNDATIONS, INCLUDING WNC BRIDGE FOUNDATION, MAY RECEIVE FUNDING THAT WILL BE DISTRIBUTED TO ADDRESS CRITICAL HOME REPAIRS ACROSS ALL 18 COUNTIES IN WNC.
2022
$25K
OPERATIONAL FUNDING REQUEST-HTF
2022
$15K
COMMUNITY OUTREACH
2022
$10K
PROMOTING QUALITY HEALTH
2022
$300
CONTRIBUTION
2022
$578K
GENERAL FOUNDATION SUPPORT
2021
$10K
Providing funding for health care facilities
2021
$7K
PROMOTING QUALITY HEALTH
2021
$5M
GENERAL PURPOSE
2020
$115K
FISCAL SPONSORSHIP AGREEMENT WITH HOLLER HARM REDUCTION - IMPLEMENT SYRINGE EXCHANGE SERVICES IN NORTH & WEST BUNCOMBE CO & MADISON CO.
2020
$11K
PROMOTING QUALITY HEALTH
2020
$1K
Further Cause
2020
$1K
GENERAL OPERATING
2020
$166
EMPLOYEE MATCHING GIFTS
2020
$5M
GENERAL PURPOSE
2019
$5K
For grant recipient's exempt purposes
2019
$1K
GENERAL OPERATING
2019
$5.6M
HOSPITALITY HOUSE DONATION FOR FAMILY MEMBERS OF LOCAL HOSPITAL PATIENTS
2018
$5M
Assistance to local Nonprofit
2018
$25K
SUPPPORT OF HOSPITALITY HOUSE FOR FAMILIES OF HOSPITAL PATIENTS
2018
$24K
ADULT DAY CARE
2017

Funded by

$23.3M from 17 funders · 36 grants · 2017–2024

Anc Healthcare Inc

$15M · 3 grants · 2018–2020

Mission Health System Foundation Inc

$6.2M · 2 grants · 2018–2021

Dogwood Health Trust

$1.8M · 4 grants · 2020–2024

United Way Of Asheville And

$56K · 3 grants · 2017–2018

Martha Washington Straus-Harry H Straus

$40K · 3 grants · 2021–2023

The Community Foundation

$34K · 4 grants · 2020–2023

Pisgah Health Foundation

$25K · 1 grant · 2018

Details

EIN562110357
NTEE codeT12
Subsection03
Ruling date2004-08
Formed1998
Employees43
Volunteers108
WNC BRIDGE FOUNDATION — Mission, Financials & Grants Received | Grantivo