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Gaston Community Foundation
Gaston Community Foundation reported $12.1 million in revenue and $11.5 million in expenses for calendar year 2024. Of every $100 it spent, $94.85 went to program services, $1.54 to management and general costs and $3.61 to fundraising. Its largest source of revenue was contributions and grants: 72.4% of the total. The highest compensation it reported for one person was $202,485 (PAST PRESIDE). 1 person received more than $100,000 in reportable compensation. Revenue rose 85% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11MFor 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 $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 94.9% | 90.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 1.5% | 6.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 3.6% | 1.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.05 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 72.4% | 79.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.6% | 0.0% |
| Highest reported compensation Part VII-A, columns D–F | $202,485 | $325,675 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.76% | 1.56% |
| People paid over $100,000 Part VII, line 2 | 1 | 3 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 104.6 | 56.6 |
| Independent voting board members Part VI 1a–1b | 21 of 21 | 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 expenseSince 1978, Gaston Community Foundation has been helping donors fulfill their philanthropic dreams. Individuals, families, and organizations establish funds at the Gaston Community Foundation to carry out their charitable giving now and in the future. With over 400 funds under management, the foundation assists donors with planned giving options for a charitable legacy, including unrestricted funds, funds designated for a specific charitable organization or field of interest as well as many advised funds where the individual or corporate donor can recommend grants for a variety of community…
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 |
|---|---|---|---|---|
| PAST PRESIDE Officer, 40.00 hrs/week | $183,750 | $0 | $18,735 | $202,485 |
1 people received more than $100,000 in reportable compensation from Gaston Community Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $184K (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–1b21 · 21 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 11aNo
- 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 4No
- 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 58
- Volunteers Part I, line 6200
Private foundation grants it received
5 private foundations reported grants to Gaston Community Foundation totaling $69,298 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 Gaston Community Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Gaston Community Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Gaston Community Foundation spent in 2024, $94.85 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Jewish Federation of Greater DallasDallas, TX · revenue $12M · programs 83.2% · FY2025
- Friends of the MissionWoodland, CA · revenue $12M · programs 94.2% · 2024
- United Way of Summit and MedinaAkron, OH · revenue $12M · programs 71.3% · FY2025
- Aj Fletcher FoundationRaleigh, NC · revenue $12M · programs 90.4% · 2024
- Parkersburg Area Community Foundation Inc. (Previously Pacf Inc.)Parkersburg, WV · revenue $12M · programs 79.6% · FY2025
All philanthropy, voluntarism & grantmaking charities · Largest charities in North Carolina
Questions people ask
How much of Gaston Community Foundation's spending goes to programs?
In calendar year 2024, Gaston Community Foundation reported that 94.9% of its $11.5 million in expenses went to program services, 1.5% to management and general and 3.6% to fundraising (Form 990, Part IX).
How much does Gaston Community Foundation pay its top executive?
The largest total compensation Gaston Community Foundation reported for one person in calendar year 2024 was $202,485, for the role of PAST PRESIDE (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Gaston Community Foundation get its money?
Of $12.1 million in revenue in calendar year 2024, 72.4% came from contributions and grants and 2.6% from program service revenue (Form 990, Part VIII).
Is Gaston Community Foundation a registered charity?
The IRS lists EIN 58-1340834 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 202502869349300110 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413129349300246 · read the filing
- 2022: Form 990 for calendar year 2022, object 202342919349300544 · read the filing
- 2021: Form 990 for calendar year 2021, object 202212909349300861 · read the filing
- 2020: Form 990 for calendar year 2020, object 202131379349301038 · read the filing
- 2019: Form 990 for calendar year 2019, object 202031829349301033 · read the filing
All filings for EIN 58-1340834: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.