Overview
What is Gaston Community Foundation?
The Gaston Community Foundation, based in Gastonia, North Carolina, was established in 1978. It functions as a philanthropic intermediary, assisting donors in fulfilling their charitable aspirations by managing over 400 funds. These funds can be unrestricted, designated for a specific charity or field of interest, or advised, enabling donors to recommend grants for various community causes. The Foundation plays a pivotal role in bridging the gap between donors and community needs, ultimately enhancing the lives of current and future generations. With a team of nine employees, the Gaston Community Foundation serves as a primary steward of philanthropic giving.
Official website here: www.cfgaston.org
Is Gaston Community Foundation legitimate?
Gaston Community Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gaston Community Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $183,146
Professional Fundraising Fees: $0
Other Salaries and Wages: $351,625
For more financial information, click here
Official website here: www.cfgaston.org
What is the mission statement of Gaston Community Foundation?
The Gaston Community Foundation serves as the primary conduit for philanthropic giving, bridging the gap between donors and community needs to enhance the lives of current and future generations. Established in 1978, the foundation has helped donors actualize their charitable dreams by managing over 400 funds. Donors can set up unrestricted funds or specify a charitable organization or field of interest. Additionally, advised funds enable individual or corporate donors to recommend grants for various community causes.
Official website here: www.cfgaston.org
What is the revenue of Gaston Community Foundation?
Gaston Community Foundation's revenue in 2022 was $13,988,192.
Official website here: www.cfgaston.org
Who are the executives of Gaston Community Foundation and what are their salaries?
The average compensation at Gaston Community Foundation during 2022 was $59,419. There are 9 employees and 200 volunteers at Gaston Community Foundation.
Here are 21 key members and their salaries:
- Ernest W Sumner (President)
- Nancy Paschall (Board Chair) [Trustee/Director]
- David Rogers (Board Vice C) [Trustee/Director]
- John Mcgill (Secretary/Tr) [Trustee/Director]
- Andy Warlick (Investment C) [Trustee/Director]
- Gayle Kersh (Development) [Trustee/Director]
- May Robinson (Grants Chair) [Trustee/Director]
- Nazrul Chowdury (Director)
- Kathleen Boyce (Director)
- Robert Caldwell (Director)
- Jennifer Davis (Director)
- Dr Kelvin Harris (Director)
- Davidson Hobson (Director)
- Harding Stowe (Director)
- Chris Peek (Director)
- Jennie Stultz (Director)
- David Wofford (Director)
- Mike Fayed (Director)
- Anthony Powell (Director)
- Amy Spencer (Director)
- Robert Spencer (Director)
Official website here: www.cfgaston.org
Where can I find the form 990 for Gaston Community Foundation?
The Gaston Community Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.cfgaston.org
Learn more at the official website: www.cfgaston.org
Mission Statement of Gaston Community Foundation
The Gaston Community Foundation, established in 1978, serves as the primary steward of philanthropic giving in the community by bridging the gap between donors and local needs. By connecting individuals, families, and organizations with worthy causes, the Gaston Community Foundation aims to enhance the lives of present and future generations.
With over 400 funds under management, this esteemed organization offers various charitable giving options. Donors can create unrestricted funds, designate a specific charitable organization or field of interest, or recommend grants for a wide range of community causes through advised funds. The Gaston Community Foundation facilitates these philanthropic endeavors, enabling donors to make a lasting impact on their community.
In essence, the Gaston Community Foundation acts as a catalyst for change, enabling donors to transform their charitable dreams into reality. Through strategic grant-making and thoughtful stewardship, the organization fosters growth and sustainability in local nonprofits and initiatives, ultimately enriching the lives of those in need.
Impact
This information is meant to be a general summary of Gaston Community Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Gaston Community Foundation has had a significant impact by serving as the main steward of philanthropic giving in the community. Since 1978, the foundation has been instrumental in connecting donors with various community needs to enhance the lives of present and future generations. With over 400 funds under its management, the Gaston Community Foundation helps individuals, families, and organizations fulfill their philanthropic dreams by establishing funds that support charitable giving both now and in the future.
Through a range of planned giving options, including unrestricted funds, designated funds for specific charitable organizations or fields of interest, and advised funds, the foundation enables donors to create a lasting charitable legacy. By facilitating strategic grant-making and supporting diverse community causes, the Gaston Community Foundation plays a crucial role in improving the well-being of the community and fostering a culture of giving.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE FEE INCOME
Revenue
$232,109
Organization Details
Founding Year
1978
Phone
(704) 864-0927
Main Address
PO BOX 123, GASTONIA, NC, 28053
Website
www.cfgaston.org
NTEE Category
Code: T310 - Philanthropy
If you are a representative of Gaston Community Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.