Public Charity

Asheville Area Chamber of Commerce Community Betterment Foundation

Asheville Area Chamber of Commerce Community Betterment Foundation is a Public Charity headquartered in Asheville, NC. Financial data from the 2024 filing: $1.1M revenue, $1.3M expenses, $1.9M total assets. 16 publicly reported grants to this organization, totaling roughly $13.0M, appear in IRS filings.

EIN: 561762978 Asheville, NC Latest filing: 2024
Total Revenue$1.1M
Total Expenses$1.3M
Total Assets$1.9M
Grant Records16
Funding Total$13.0M
Filing Years2020–2024

Mission

DEVELOP AND ACCELERATE GROWTH & EMPLOYMENT OPPORTUNITIES FOR THE COMMUNITY.

Sample Grants Received

2024
CHARITABLE GIFT
$274,518
$104,875
2024
BUILDING COMMUNITY & ECONOMIC VITALITY
$32,500
2024
MOUNTAIN STRONG FUND BUSINESS RECOVERY/HELENE
$10,000
2024
For grant recipient's exempt purposes
$7,000

Showing up to 5 of 16 total records — full history available with membership.

Officers & Directors

Board Member Austin Walker
Treasurer Ben Hamrick
Board Member Carolyn Coward
Board Member Dana Stonestreet
Board Member Himanshu Karvir
Board Member Janice Brumit

Officer compensation and complete director data available with membership.

Top Grant Purposes

SEE PART IV
$12,000,000 1 grant
See Part IV
$365,000 1 grant
CHARITABLE GIFT
$274,518 1 grant
BUILDING COMMUNITY & ECONOMIC VITALITY
$146,700 5 grants
GENERAL SUPPORT
$114,875 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.1M $1.3M $1.9M
2023 $3.8M $4.0M $2.2M
2022 $6.6M $6.6M $2.7M
2021 $6.5M $5.6M $2.6M
2020 $509K $474K $978K

Between 2020 and 2024, reported annual revenue grew from $509K to $1.1M (+118%), with total assets most recently reported at $1.9M.

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

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