Overview
What is Grandfather Community Foundation Inc?
Grandfather Community Foundation Inc, based in Linville, North Carolina, is a nonprofit organization primarily aimed at enhancing the well-being of the community in Avery County. Faced with limited employment opportunities and seasonal nature of jobs, the foundation has established an Employee Assistance Fund to provide financial aid up to $2,000 to individuals facing financial crises. Reasons for assistance can include rent/mortgage payments, utility bills, food, transportation, medical expenses, family tragedies, or costly repairs. The foundation's mission is to mobilize the members of Grandfather Golf and Country Club to contribute to community improvement through education and service opportunities.
Is Grandfather Community Foundation Inc legitimate?
Grandfather Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grandfather Community Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Grandfather Community Foundation Inc?
The Grandfather Community Foundation Inc's mission is geared towards identifying opportunities for the members of Grandfather Golf and Country Club to positively impact the lives of the people in Avery County. This is achieved through education and service opportunities. Due to the limited employment options and seasonal nature of jobs in the area, the community often struggles with poverty. Recognizing this, the Foundation has established an Employee Assistance Fund, offering up to $2000 in financial aid to individuals facing financial crises. Reasons for receiving aid can range from covering urgent expenses like rent or medical bills, to unexpected family events or costly repairs.
What is the revenue of Grandfather Community Foundation Inc?
Grandfather Community Foundation Inc's revenue in 2023 was $283,255.
Who are the executives of Grandfather Community Foundation Inc and what are their salaries?
Here are 18 key members and their salaries:
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Where can I find the form 990 for Grandfather Community Foundation Inc?
Grandfather Community Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Grandfather Community Foundation Inc
Grandfather Community Foundation Inc is dedicated to identifying opportunities for the members of Grandfather Golf and Country Club to positively impact the lives of the people in Avery County. The organization aims to mobilize these members to contribute to their community through education and service opportunities. Given the limited employment options and the seasonal nature of jobs in the area, the foundation has established an Employee Assistance Fund. This fund provides financial aid, up to $2000, to individuals facing financial crises. Reasons for receiving assistance from this fund can include paying rent or mortgage, utilities, food, transportation costs, unexpected medical expenses not covered by insurance, family deaths, changes in family situations, or expensive repairs.
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Impact
October, 2024
Grandfather Community Foundation Inc creates a significant impact by fostering community engagement and support throughout Avery County, NC. Its mission focuses on educating members of the Grandfather Golf and Country Club while also addressing the broader needs of the community. By collaborating with local non-profit organizations, the foundation actively identifies community challenges and assists in devising actionable solutions.
A key aspect of its impact is the establishment of an employee emergency assistance fund, which provides critical financial support during times of crisis. This initiative not only helps individuals in immediate need but also strengthens the overall resilience of the community. Through its efforts, the foundation enhances awareness of local issues, encourages philanthropic participation among club members, and ultimately works towards building a stronger, more supportive environment for all residents of Avery County.
This information is meant to be a general summary of Grandfather Community Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $15,616
- Gross Receipts: $335,153
Assets and Liabilities:
- Total Assets: $381,951
- Total Liabilities: $2,224
- Net Assets: $379,727
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Organization Details
Founding Year
2018
Principal Officer
Frances Magruder
NTEE Category
Code: P20 - Human services
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