Skip to content
Nonprofiteer
← GRANDFATHER COMMUNITY FOUNDATION INC

Form 990 for tax year 2023

Filed by GRANDFATHER COMMUNITY FOUNDATION INC.

Totals

Total revenue
$283,255
Total expenses
$163,786
Contributions and grants received
$251,896
Grants paid
$121,989
Program service revenue
$0
Investment income
$15,616
Other revenue
$15,743
Total assets, end of year
$500,151
Total liabilities, end of year
$954
Net assets or fund balances, end of year
$499,197
Program services expenses (Part IX)
$143,468
Management and general expenses
$20,318
Fundraising expenses
$0
Program service expenses (Part III)
$143,468

Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $182,525

  • 1f · All other contributions, gifts and grants

    $69,371

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $15,616 · excluded $15,616

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 8a · Fundraising events: gross income

    $58,936

  • 8a · Fundraising events: contributions included on line 1c

    $182,525

  • 8b · Fundraising events: direct expenses

    $51,898

  • 8c · Net income from fundraising events

    total $7,038 · excluded $7,038

  • 11a · Other revenue: WEBSITE

    total $8,705 · excluded $8,705

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $8,705

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $48,599 · program services $48,599

  • 2 · Grants to domestic individuals

    total $73,390 · program services $73,390

  • 11a · Fees: management

    total $19,318 · management and general $19,318

  • 11c · Fees: accounting

    total $1,000 · management and general $1,000

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $17,777 · program services $17,777

  • 13 · Office expenses

    total $367 · program services $367

  • 23 · Insurance

    total $1,192 · program services $1,192

  • 24a · Other expenses: FOOD

    total $1,144 · program services $1,144

  • 24b · Other expenses: SUPPLIES

    total $180 · program services $180

  • 24c · Other expenses: BANK SERVICE CHARGE

    total $516 · program services $516

  • 24d · Other expenses: REGISTRATION FEES

    total $203 · program services $203

  • 24e · All other expenses

    total $100 · program services $100 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $380,951 · end of year $500,151

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $1,000 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    end of year $0

  • 25 · Other liabilities

    beginning of year $2,224 · end of year $954

  • 27 · Net assets without donor restrictions

    beginning of year $379,727 · end of year $499,196

Mission and programs · 2023

Mission

TO IDENTIFY AVENUES FOR THE MEMBERS OF GRANDFATHER GOLF AND COUNTRY CLUB TO IMPROVE THE LIVES OF THE PEOPLE OF AVERY COUNTY AND MOBILIZE THE MEMBERS TO DO SO THROUGH EDUCATION AND SERVICE OPPORTUNITIES.

  • DUE TO THE NATURE OF THE COMMUNITY WITHIN AVERY COUNTY THERE ARE LIMITED EMPLOYMENT OPTIONS AND EMPLOYMENT OPTIONS ARE OFTEN SEASONAL IN NATURE. DUE TO THE HIGH LEVEL OF POVERTY WITHIN THE COMMUNITY AND LIMITED SEASONAL/EMPLOYMENT OPPORTUNITIES THE EMPLOYEE ASSISTANCE FUND WILL PROVIDE UP TO $2,000 IN ASSISTANCE TO INDIVIDUALS IN SITUATIONS OF FINANCIAL CRISIS. EXAMPLES OF REASONS FOR RECEIVING AN AWARD INCLUDE: RENT/MORTGAGE NEEDS, UTILITY PAYMENTS, FOOD, TRANSPORTATION, COSTLY MEDICAL EXPENSES NOT COVERED BY INSURANCE, FAMILY DEATH, CHANGES WITHIN THE FAMILY SITUATION, OR WITH EXPENSIVE REPAIRS.

    Expenses $143,468 · Grants $121,989

As filed on the 2023 return.

Listed in Part VII

  • Beth Kerlin

    VICE PRESIDENT THROUGH MAY 2023

    Total calculated
    $0
    Hours/week
    1

  • Charles Dunn

    Vice President Beginning June 2023

    Total calculated
    $0
    Hours/week
    1

  • Frances Magruder

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Hazel Allin

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Margaret McKibbin

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Anne Magruder

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Bill Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Emily Harry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gail Garrison

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jane Gorrell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JENN Freno

    Director

    Total calculated
    $0
    Hours/week
    1

  • Joanna Roberts

    Director

    Total calculated
    $0
    Hours/week
    1

  • Joe Perry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Leanne Whitley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Rob King

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Russ Robinson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sunny Lawson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susan Johnson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • RIVERSIDE ELEMENTARY SCHOOL

    $17,572

    EDUCATION

Provenance

Return type
form_990
Tax year
2023
Filed
20 March 2025
IRS schema version
2023v6.0
Source object
202500799349300015

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.