Community Foundation

GASTON COMMUNITY FOUNDATION

GASTON COMMUNITY FOUNDATION is a nonprofit organization categorized as Community Foundation based in GASTONIA, NC. Its most recent IRS filing (2024) reports revenue of $12.1M, expenses of $11.5M, total assets of $145.4M. Imperigo tracks 39 reported grant relationships connected to this organization totaling approximately $1.6M.

EIN: 581340834 GASTONIA, NC Community Foundations NTEE: T31 Latest filing: 2024
Total Revenue$12.1M
Total Expenses$11.5M
Total Assets$145.4M
Grant Records39
Funding Total$1.6M
Filing Years2019–2024

Mission

OUR MISSION IS TO INSPIRE GENEROSITY, UPLIFT NONPROFITS, AND CONNECT DONORS WITH COMMUNITY NEEDS.

Where $100 goes at Gaston Community Foundation

How Gaston Community Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$92 Programs the work itself
$5 Management running the organization
$3 Fundraising raising the next dollar

Inside the $92 for programs

$67
Since 1978, Gaston Community Foundation has been helping donors fulfill their philanthropic dreams
73% of program spending
$25
Gaston Community Foundation makes unrestricted grants to organizations and programs operating in gaston county or primarily for the benefit of gaston county citizens through an annual competitive grant…
27% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DEVELOPMENT Amy Spencer
GRANTS CHAIR Anthony Powell
INVESTMENT C Chris Peek
BOARD CHAIR David Rogers
DIRECTOR Davidson Hobson
DIRECTOR David Wofford

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,578,715 38 grants
Youth Development
$5,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $12.1M $11.5M $145.4M
2023 $9.3M $8.9M $126.2M
2022 $14.0M $7.2M $120.1M
2020 $6.9M $6.1M $102.7M
2019 $6.5M $7.2M $92.7M

Between 2019 and 2024, reported annual revenue grew from $6.5M to $12.1M (+85%), with total assets most recently reported at $145.4M.

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

See the full picture for GASTON COMMUNITY FOUNDATION

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