EIN 56-1380249

Community Foundation of Greater Greensboro

IRS 501(c) type
501(c)(3)
Num. employees
34
Year formed
1983
Most recent tax filings
2022-12-01
NTEE code, primary
Description
Community Foundation of Greater Greensboro manages charitable funds, inspires giving, and strengthens communities for present and future generations in Greensboro, NC.
Total revenues
$16,910,759
2022
Total expenses
$17,931,059
2022
Total assets
$230,177,025
2022
Num. employees
34
2022

Program areas at Community Foundation of Greater Greensboro

Donor advised: the Community Foundation manages 389 donor-advised and scholarship funds which enable residents of Greater Greensboro to achieve their individual charitable goals. During 2022, more than 2,800 grants were disbursed in support of faith based, health & human service, educational and other Community service organizations.
Organization funds: area residents have created funds to support specific nonprofit organizations. In addition, the Community Foundation manages the endowment funds of local nonprofit organizations; accordingly the Foundation recognizes a liability to the nonprofit and adjusts this liability for related contributions, earnings, grants and expenses.
Field of interest: the Community Foundation manages endowment and unrestricted grant funds which are used to strengthen its Community for present and future generations. Focus areas for 2022 were to promote economic development through Community initiatives, establishing workforce initiatives to align education and training with business needs, and developing strategies for affordable housing in its Community. In addition, area residents have created permanent funds to support specific areas of interest, including elder care, issues concerning our Community's women and families, tuition assistance for eligible high school graduates, and shaping our Community's identity through the use of art in public areas. These funds make grants while also conducting active endowment building activities.

Grants made by Community Foundation of Greater Greensboro

GranteeGrant descriptionAmount
Shift EducationGeneral Support$685,335
Northwest Community Care NetworkGeneral Support$438,874
Greensboro CHILDREN'S Museum (GCM)General Support$373,075
...and 248 more grants made totalling $10,114,483

Who funds Community Foundation of Greater Greensboro

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,256,283
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$655,000
Partnership for Community Care (P4CC)Program Support$346,014
...and 40 more grants received totalling $4,448,775

Personnel at Community Foundation of Greater Greensboro

NameTitleCompensation
Marci H PeaceChief Financial Officer$136,450
Michael HumphreyVice President Operations and Equity$111,196
Martin AcevedoVice President Marketing and Communications$100,701
Cathy KnowlesVice President Development and Donor Engagement
Athan LindsayVice President Grants and Community Impact$104,981
...and 20 more key personnel

Financials for Community Foundation of Greater Greensboro

RevenuesFYE 12/2022
Total grants, contributions, etc.$14,301,327
Program services$250,898
Investment income and dividends$3,462,952
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,104,418
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$16,910,759

Form 990s for Community Foundation of Greater Greensboro

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-08990View PDF
2021-122022-11-15990View PDF
2020-122021-10-21990View PDF
2019-122021-02-22990View PDF
2018-122019-12-13990View PDF
...and 9 more Form 990s
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 4 new personnel
December 31, 2023
Used new vendors
Identified 1 new vendor, including
December 24, 2023
Received grants
Identified 5 new grant, including a grant for $150,000 from Z. Smith Reynolds Foundation (ZSR)
July 24, 2023
Received grants
Identified 36 new grant, including a grant for $500,000 from Phillips Foundation
Nonprofit Types
Grantmaking organizationsCommunity foundationsMutual assistance organizationsCharities
Issues
Community improvement
Characteristics
Operates donor advised fundsProvides grantsLobbyingOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donations
General information
Address
301 N Elm St 100
Greensboro, NC 27401
Metro area
Greensboro-High Point, NC
Website URL
cfgg.org/ 
Phone
(336) 379-9100
Facebook page
cfggnews 
Twitter profile
@cfggnews 
IRS details
EIN
56-1380249
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
525120: Health and Welfare Funds
Parent/child status
Independent
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