Public Charity

APPALACHIAN COMMUNITY CAPITAL DEVELOPMENT FOUNDATION

APPALACHIAN COMMUNITY CAPITAL DEVELOPMENT FOUNDATION, of CHRISTIANSBURG, VA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $52.1M in revenue, $52.1M in expenses, $2.1M in total assets. IRS filings disclose 14 grants awarded by this foundation, totaling roughly $905K.

EIN: 462827486 CHRISTIANSBURG, VA Public Foundations NTEE: T30 Latest filing: 2025
Total Revenue$52.1M
Total Expenses$52.1M
Total Assets$2.1M
Grants Given14
Grant Total$905K
Filing Years2020–2025

Mission

TO INCREASE SMALL BUSINESS LENDING BY PROVIDING APPALACHIAN MEMBER INSTITUTIONS THAT SERVE UNDERSERVED PEOPLE AND COMMUNITIES WITH NEW SOURCES OF CAPITAL.

Where $100 goes at Appalachian Community Capital Development Foundation

How Appalachian Community Capital Development Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
Appalachian community capital development fund (accdf) expands access to capital by providing capital and financing solutions to community development financial institutions (cdfis) serving appalachia and other underserved communities
All program spending · Reported in the filing: 2,100 businesses
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

CHRISTIANSBURG, VA · 2022
BUSINESS DEVELOPMENT IN APPALACHIA
$100,000
COLUMBUS, OH · 2022
BUSINESS DEVELOPMENT IN APPALACHIA
$100,000
BRIDGEWAY CAPITAL
HOUSTON, TX · 2022
BUSINESS DEVELOPMENT IN APPALACHIA
$100,000
CLEVELAND, GA · 2022
BUSINESS DEVELOPMENT IN APPALACHIA
$75,000
RALEIGH, NC · 2022
BUSINESS DEVELOPMENT IN APPALACHIA
$75,000

Showing up to 5 of 14 total records — full history available with membership.

Officers & Directors

CHAIR Clinton B Gwin
DIRECTOR Clyde Cornett
PRESIDENT & CEO Donna Gambrell
DIRECTOR Grace Fricks
TREASURER Marten Jenkins
DIRECTOR Matt Raker

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$905,000 14 grants

Financial Trends

Year Revenue Expenses Assets
2025 $52.1M $52.1M $2.1M
2024 $6.1M $6.1M $18.3M
2023 $6K $10K $274K
2022 $957K $1.3M $609K
2020 $130K $35K $160K

Between 2020 and 2025, reported annual revenue grew from $130K to $52.1M (+39973%), with total assets most recently reported at $2.1M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, GA, NC, NY, OH, SC, and 4 other states.

ALGANCNYOHSCTNTXVAWV

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for APPALACHIAN COMMUNITY CAPITAL DEVELOPMENT FOUNDATION

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