EIN 82-3275373

Alamance Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
Year formed
2017
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Alamance Community Foundation has a mission to strengthen Alamance County through philanthropy and inspired giving, creating an inclusive, caring, and vibrant community. Area residents have established specific funds for nonprofit organizations which received $90,836 in 2021. The Foundation also manages donor-advised and scholarship funds, disbursing 225 grants totaling $531,617 to support faith-based initiatives and other charitable causes. It is located in Burlington, NC.
Total revenues
$2,369,564
2022
Total expenses
$1,656,409
2022
Total assets
$19,209,403
2022
Num. employees
3
2022

Program areas at Alamance Community Foundation

Donor-advised and scholarship funds: the Community Foundation manages 30 donor-advised funds and 19 scholarship funds which enable residents of Alamance county to achieve their individual charitable goals. During 2022, 219 grants and scholarships totaling $678,822.83 were disbursed in support of faith-based, health and human service, educational, and other Community service organizations.
Designated and organization endowment funds: area residents have created funds to support specific nonprofit organizations. During 2022, 12 special interest endowment funds granted $120,755 to their beneficiary organizations. In addition, the Community Foundation manages the endowment funds of local nonprofit organizations (a total of 27 funds in 2022). Accordingly, the Foundation recognizes a liability to the nonprofit and adjusts this liability for related contributions, earnings, grants and expenses. In 2022, $165,206 was returned to these organizations.
Field of interest funds: the Community Foundation manages endowed and unrestricted grant funds which are used to strengthen its Community for present and future generations. Focus areas for 2022 were program/project-based funding in the areas of education, health and human service, youth programming and the arts.

Grants made by Alamance Community Foundation

GranteeGrant descriptionAmount
Young LifeProgram Assistance$120,000
Burlington First Presbyterian Church Child Development CenterProgram Assistance$63,978
Alamance Community College FoundationProgram Assistance$60,826
...and 24 more grants made totalling $595,556

Who funds Alamance Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Impact AlamanceCommunity Work/In-Kind % of Space Times Sq FT Cost Capacity Building$375,000
Strive TogetherChallenge Fund$150,000
Z. Smith Reynolds Foundation (ZSR)Alamance Achieves Parent Engagement Program$16,000
...and 1 more grant received

Personnel at Alamance Community Foundation

NameTitleCompensation
Gavin StevensExecutive Director$97,605
Cindy ChandlerTreasurer$0
Frances Lummy BarnesVice Chair / Board Member$0
Fairfax ReynoldsSecretary / Director / Immediate Past Chair$0
Robert ChandlerDirector$0
...and 4 more key personnel

Financials for Alamance Community Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,596,279
Program services$200,720
Investment income and dividends$567,600
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$4,881
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$84
Total revenues$2,369,564

Form 990s for Alamance Community Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122020-12-01990View PDF
2018-122020-06-15990View PDF
...and 1 more Form 990

Organizations like Alamance Community Foundation

OrganizationLocationRevenue
Martha's Vineyard Community FoundationWest Tisbury, MA$4,107,391
Merrick FoundationCentral City, NE$1,795,086
Kenosha Community FoundationKenosha, WI$1,244,184
Brown County Community FoundationNashville, IN$3,112,590
Bay Area Community FoundationBay City, MI$5,645,663
Legacy FoundationMerrillville, IN$980,728
Community Foundation of Carroll CountyWestminster, MD$2,825,004
The Taos Community FoundationTaos, NM$6,485,071
Williamsburg Community FoundationWilliamsburg, VA$4,660,802
The Summit FoundationBreckenridge, CO$4,939,479
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 18, 2024
Updated personnel
Identified 3 new personnel
September 26, 2023
Received grants
Identified 2 new grant, including a grant for $375,000 from Impact Alamance
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
EducationCommunity improvement
Characteristics
Operates donor advised fundsProvides grantsPartially liquidatedFundraising eventsState / local levelEndowed supportProvides scholarshipsTax deductible donations
General information
Address
Post Office Box 726
Burlington, NC 27216
Metro area
Burlington, NC
County
Alamance County, NC
Website URL
alamancecommunityfoundation.org/ 
Phone
(336) 790-6627
IRS details
EIN
82-3275373
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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