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← GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT FDN

Form 990 for tax year 2025

Filed by GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT FDN.

Totals

Total revenue
$93,697
Total expenses
$2,035,343
Contributions and grants received
$0
Grants paid
$2,000,000
Program service revenue
$0
Investment income
$93,489
Other revenue
$208
Total assets, end of year
$2,519,102
Total liabilities, end of year
$618
Net assets or fund balances, end of year
$2,518,484
Program services expenses (Part IX)
$2,000,000
Management and general expenses
$35,343
Fundraising expenses
$0
Program service expenses (Part III)
$2,000,000

Program services were 98.3% 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.

  • 3 · Investment income

    total $106,550 · excluded $106,550

  • 7a · Gross sales of assets other than inventory

    securities $2,594,553

  • 7b · Less cost or other basis and sales expenses

    securities $2,607,614

  • 7c · Gain or loss

    securities -$13,061

  • 7d · Net gain or loss

    total -$13,061 · excluded -$13,061

  • 11a · Other revenue: OTHER REVENUE

    total $208 · excluded $208

  • 11e · Other revenue, total

    $208

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,000,000 · program services $2,000,000

  • 11c · Fees: accounting

    total $16,291 · management and general $16,291

  • 11f · Fees: investment management

    total $11,405 · management and general $11,405

  • 11g · Fees: other

    total $6,783 · management and general $6,783

  • 13 · Office expenses

    total $864 · management and general $864

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $119,911 · end of year $95,755

  • 4 · Accounts receivable

    end of year $6,370

  • 11 · Investments: publicly traded securities

    beginning of year $4,211,033 · end of year $2,416,977

  • 17 · Accounts payable and accrued expenses

    beginning of year $835 · end of year $618

  • 27 · Net assets without donor restrictions

    beginning of year $4,330,109 · end of year $2,518,484

Mission and programs · 2025

Mission

THE GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT FOUNDATION'S PURPOSE IS TO SUPPORT EFFORTS TO ADVANCE THE MISSION, STRATEGIC GOALS AND FINANCIAL SUSTAINABILITY OF GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC.

Activities or mission (Part I)

THE GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT FOUNDATION'S PURPOSE IS TO SUPPORT EFFORTS TO ADVANCE THE MISSION, STRATEGIC GOALS AND FINANCIAL SUSTAINABILITY OF THE GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC.

  • THE FOUNDATION SUPPORTED GOODWILL INDUSTRIES OF THE SOUTHERN PIEDMONT, INC. THROUGH A GIFT. THIS GIFT WAS USED TO SUPPORT FOUR STRATEGIC INITIATIVES TO SCALE UP, ACCELERATE, AND EXPAND SERVICES AND SUPPORTS TO PROVIDE MORE EQUITABLE ACCESS TO SKILLS, CERTIFICATIONS, SOCIAL CAPITAL, AND EMPLOYERS TO BUILD PATHWAYS TO PROSPERITY FOR MORE INDIVIDUALS IN OUR REGION. THESE INVESTMENTS ALLOWED GOODWILL TO BUILD UPON THE IMMERSIVE MODEL WITH PARTICIPANTS, EMPLOYERS, AND OTHER STRATEGIC PARTNERS AND FURTHER ENHANCE THE SYMBIOTIC RELATIONSHIP BETWEEN THEIR RETAIL STORES, COMMUNITY-BASED PROGRAMS, AND OVERALL MISSION. IN ADDITION, CAPITAL INVESTMENTS TO SUPPORT NEW RETAIL STORES WILL ACCELERATE FUTURE GROWTH, EMPLOYMENT OPPORTUNITIES, AND FINANCIAL SUSTAINABILITY.

    Expenses $2,000,000 · Grants $2,000,000

As filed on the 2025 return.

Listed in Part VII

  • Sara Garces Roselli

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.12

  • Tony Smith

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    0.12

  • Jeff Alvino

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12 + 0.24 related

  • David Haggart

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.12

  • Nat Hyde

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.06

  • Linda Lockman-Brooks

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.06

  • Regina Wharton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.06

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
31 July 2026
IRS schema version
2025v4.2
Source object
202602159349300155

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