ALAMANCE COMMUNITY FOUNDATION
POST OFFICE BOX 726, BURLINGTON, NC 27216 www.alamancecommunityfoundation.org

Total Revenue
$1,957,829
Total Expenses
$1,445,937
Net Assets
$11,944,913

Organizations Filed Purposes: THE ALAMANCE COMMUNITY FOUNDATION IS A CHARITABLE ORGANIZATION DEDICATED TO STRENGTHENING ALAMANCE COUNTY FOR PRESENT AND FUTURE GENERATIONS THROUGH PHILANTHROPY. WORKING TOWARD A VISION OF AN INCLUSIVE, CARING AND VIBRANT COMMUNITY, THE COMMUNITY FOUNDATION FACILITATES GIVING THAT IMPROVES LIVES IN THE COMMUNITY, MAINTAINS PERMANENT ENDOWMENT FUNDS, AND PARTNERS WITH DONORS TO SHAPE EFFECTIVE RESPONSES TO COMMUNITY ISSUES AND OPPORTUNITIES.

DONOR ADVISED: THE COMMUNITY FOUNDATION MANAGES 34 DONOR-ADVISED AND SCHOLARSHIP FUNDS WHICH ENABLE RESIDENTS OF ALAMANCE COUNTY TO ACHIEVE THEIR INDIVIDUAL CHARITABLE GOALS. DURING 2019, 294 GRANTS TOTALING $915,208 WERE DISBURSED IN SUPPORT OF FAITH-BASED, HEALTH AND 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 2019 WERE PROGRAM/PROJECT-BASED FUNDING IN THE AREAS OF EDUCATION, HEALTH AND HUMAN SERVICE, YOUTH PROGRAMMING, AND THE ARTS.

ORGANIZATION FUNDS: AREA RESIDENTS HAVE CREATED FUNDS TO SUPPORT SPECIFIC NONPROFIT ORGANIZATIONS. DURING 2019, 11 SPECIAL INTEREST ENDOWMENT FUNDS GRANTED $99,930 TO THEIR BENEFICIARY ORGANZIATIONS. IN ADDITION, THE COMMUNITY FOUNDATION MANAGES THE ENDOWMENT FUNDS OF LOCAL NONPROFIT ORGANIZATIONS, A TOTAL OF 26 FUNDS IN 2019. ACCORDINGLY, THE FOUNDATION RECOGNIZES A LIABILITY TO THE NONPROFIT AND ADJUSTS THIS LIABILITY FOR RELATED CONTRIBUTIONS, EARNINGS, GRANTS AND EXPENSES. IN 2019, $233,675 WAS RETURNED TO THESE ORGANIZATIONS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Gavin StevensEXECUTIVE DIRECTOR40$84,354
Steve BuckleyDIRECTOR1$0
Jerry TolleyDIRECTOR1$0
Ami HillDIRECTOR1$0
Bob ChandlerDIRECTOR1$0
Kathleen TreadwellDIRECTOR1$0
Charles HarrisDIRECTOR1$0
David SellersDIRECTOR1$0
Anne PowellDIRECTOR1$0
Lummy BarnesDIRECTOR1$0
Thomas E Powell IiiDIRECTOR1$0
John MaynardDIRECTOR1$0
Jim PowellSECRETARY1$0
Cindy ChandlerTREASURER1$0
Fairfax ReynoldsIMMEDIATE PAST CHAIR1$0
Jerry BaileyCHAIR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202002549349300825_public.xml