Doug And Elizabeth Townsend Privatefoundation

Organization Overview

Doug And Elizabeth Townsend Privatefoundation is located in Greensboro, NC. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Doug And Elizabeth Townsend Privatefoundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Doug And Elizabeth Townsend Privatefoundation generated $8.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $48.1k during the year ending 12/2021. While expenses have increased by 4.5% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $1,202
Net Rental Income$0
Net Gain on Sale of Assets $7,530
Capital Gain Net Income $7,530
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $8,732

Grants Awarded

Over the last fiscal year, Doug And Elizabeth Townsend Privatefoundation has awarded $45,000 in support to 2 organizations.

Grant RecipientAmount

CARTERET COMMUNITY COLLEGE FOUNDATION

Org PageRecipient Profile

Morehead City, NC

PURPOSE: GENERAL OPERATIONS

$42,500

THE NORTH CAROLINA COMMUNITY FOUNDATION

Org PageRecipient Profile

Raleigh, NC

PURPOSE: PROGRAM SUPPORT

$2,500
View Grant Profile

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