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Community Foundation of Greater Greensboro
Community Foundation of Greater Greensboro reported $19.2 million in revenue and $21.1 million in expenses for calendar year 2024. Of every $100 it spent, $84.31 went to program services, $14.96 to management and general costs and $0.73 to fundraising. Its largest source of revenue was contributions and grants: 63.1% of the total. Government grants made up 5.2%. The highest compensation it reported for one person was $310,335 (PRESIDENT). 7 people received more than $100,000 in reportable compensation. Revenue fell 27% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $21MFor context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $19MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.3% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.0% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.7% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.01 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 63.1% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 5.2% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.7% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $310,335 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.47% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 7 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 139.3 | 56.6 |
| Independent voting board members Part VI 1a–1b | 31 of 31 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseDonor advised: the Community Foundation manages 399 donor-advised and scholarship funds which enable residents of greater greensboro to achieve their individual charitable goals. During 2024, more than 2,850 grants were disbursed in support of faith based, health & human service, educational and other community service organizations
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 2024 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…
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
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 40.00 hrs/week | $278,699 | $0 | $31,636 | $310,335 |
| CHIEF IMPACT OFFICER/VP, GRANTS & INITIATIVES Highest compensated employee, 40.00 hrs/week | $182,228 | $0 | $11,542 | $193,770 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $168,234 | $0 | $20,809 | $189,043 |
| VP, DEV. & DONOR ENGAGEMENT Highest compensated employee, 40.00 hrs/week | $152,342 | $0 | $19,271 | $171,613 |
| VP, MARKETING AND COMM. Highest compensated employee, 40.00 hrs/week | $127,584 | $0 | $19,861 | $147,445 |
| AVP, DONOR ENGAGEMENT Highest compensated employee, 40.00 hrs/week | $108,798 | $0 | $15,380 | $124,178 |
| DIRECTOR, GAP AND ETWI Highest compensated employee, 40.00 hrs/week | $100,498 | $0 | $19,497 | $119,995 |
7 people received more than $100,000 in reportable compensation from Community Foundation of Greater Greensboro (Part VII, line 2). Compensation of current officers, directors and key employees totaled $499K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b31 · 31 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 523
- Volunteers Part I, line 6212
Private foundation grants it received
11 private foundations reported grants to Community Foundation of Greater Greensboro totaling $399K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Community Foundation of Greater Greensboro's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Community Foundation of Greater Greensboro, you can publish a response that is linked from this page.
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Of every $100 Community Foundation of Greater Greensboro spent in 2024, $84.31 went to programs. The full breakdown, from its IRS Form 990:
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All philanthropy, voluntarism & grantmaking charities · Largest charities in North Carolina
Questions people ask
How much of Community Foundation of Greater Greensboro's spending goes to programs?
In calendar year 2024, Community Foundation of Greater Greensboro reported that 84.3% of its $21.1 million in expenses went to program services, 15.0% to management and general and 0.7% to fundraising (Form 990, Part IX).
How much does Community Foundation of Greater Greensboro pay its top executive?
The largest total compensation Community Foundation of Greater Greensboro reported for one person in calendar year 2024 was $310,335, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Community Foundation of Greater Greensboro get its money?
Of $19.2 million in revenue in calendar year 2024, 63.1% came from contributions and grants (including 5.2% from government grants) and 0.7% from program service revenue (Form 990, Part VIII).
Is Community Foundation of Greater Greensboro a registered charity?
The IRS lists EIN 56-1380249 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543189349313754 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403209349302220 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303129349304405 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243199349312899 · read the filing
- 2020: Form 990 for calendar year 2020, object 202122949349300722 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003029349300420 · read the filing
All filings for EIN 56-1380249: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.