Camber Foundation

Organization Overview

Camber Foundation is located in Durham, NC. The organization was established in 1997. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. As of 12/2021, Camber Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Camber Foundation 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, Camber Foundation generated $30.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $20.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Camber Foundation has awarded 28 individual grants totaling $39,526,510. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE AND CREATE EDUCATION, EMPLOYMENT, AND LIFE ENRICHMENT OPPORTUNITIES REGIONALLY, NATIONALLY, AND INTERNATIONALLY FOR PEOPLE WHO DESIRE TO IMPROVE THE QUALITY OF THEIR LIVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EMPLOYMENT - CAPITAL NEEDS OF GOODWILL INDUSTRIES OF EASTERN NORTH CAROLINA PROVIDED OVER 450,000 SQUARE FEET FOR EMPLOYMENT SPACE WHERE CAMBER FOUNDATION MADE A CONTRIBUTION TO GIENC THAT RESULTED IN EMPLOYMENT OPPORTUNITIES FOR 595 PEOPLE THROUGH ITS 41 EMPLOYMENT PROGRAM CENTERS SERVING 19 COUNTIES LOCATED THROUGHOUT EASTERN NORTH CAROLINA IN 2021. PERSONS SERVED THROUGH EMPLOYMENT WERE PROVIDED AN AVERAGE HOURLY WAGE AND BENEFIT OF $21.18.


EDUCATION - CAMBER FOUNDATION PROVIDES GRANTS THAT RESULTED IN EDUCATION AND TRAINING THROUGH THE INTERNET IN TECHNOLOGY, MATH, AND ENGLISH. SERVING OVER 40 MILLION LEARNERS WORLDWIDE THROUGH TRAINING PROVIDED IN ENGLISH, SPANISH AND PORTUGUESE. CAMBER FOUNDATION PROVIDED GRANT FUNDS REGIONALLY, NATIONALLY AND INTERNATIONALLY TO IMPROVE THE SKILLS NEEDED TO FUNCTION IN THE WORLD OF WORK FOCUSING ON ENGLISH, TECHNOLOGY, AND MATH.


YOUTH - CAMBER FOUNDATION PROVIDES GRANT FUNDS REGIONALLY AND INTERNATIONALLY TO PROVIDE RESOURCES FOR SERVICES TO YOUTH SO THEY CAN HAVE THE OPPORTUNITY TO BECOME SUCCESSFUL ADULTS BY OVERCOMING THE SOCIAL, CULTURAL, AND LIFE BARRIERS TO THEIR SUCCESS AS HUMAN BEINGS THROUGH ORGANIZATIONS THAT PROVIDE AFTER SCHOOL PROGRAMMING, RESIDENTIAL CARE, AND FAMILY DEVELOPMENT ACTIVITIES.


DISABILITY - CAMBER FOUNDATION PROVIDED GRANT FUNDS REGIONALLY AND INTERNATIONALLY TO PROVIDE SERVICES TO PERSONS WITH DISABILITIES AND THEIR FAMILIES INCLUDING FAMILY SUPPORT ORGANIZATIONS AND PROJECTS THAT ENHANCE THE RESOURCES NEEDED TO PROVIDE DIRECT SERVICES TO PERSONS WITH DISABILITIES AS WELL AS THE IMPROVEMENT OR PURCHASE OF THE CAPITAL RESOURCES NEEDED TO SERVE THIS POPULATION.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Lyon
Secretary
$0
Pavan Yerramsetty
Treasurer
$0
Phillip Cave
President
$0
John Stump
Board Chair
$0
Brad Davis
Board Member
$0
Van Smith
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$14,203,646
Noncash contributions included in lines 1a–1f $13,996,558
Total Revenue from Contributions, Gifts, Grants & Similar$14,203,646
Total Program Service Revenue$427,456
Investment income $1,231,858
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $43,023
Net Gain/Loss on Asset Sales $14,270,112
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,406,277

Grants Awarded

Over the last fiscal year, Camber Foundation has awarded $15,218,408 in support to 5 organizations.

Grant RecipientAmount

GOODWILL INDUSTRIES OF EASTERN NC

Org PageRecipient Profile

Durham, NC

PURPOSE: SUPPORT

$15,099,408

NEW LIFE INTERNATIONAL - GROVE MINISTRY - PETS & EDUCATION

Org PageRecipient Profile

Port Orange, FL

PURPOSE: SUPPORT

$56,250

ALL GOD'S CHILDREN

Org PageRecipient Profile

Lenoir, NC

PURPOSE: SUPPORT

$30,000

BOYS & GIRLS CLUB

Org PageRecipient Profile

Edenton, NC

PURPOSE: SUPPORT

$25,000

Port Orange, FL

PURPOSE: SUPPORT

$7,750
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Camber Foundation has recieved totaling $1,650,022.

Awarding OrganizationAmount
Goodwill Industries Of Eastern North Carolina Inc

Durham, NC

PURPOSE: grant to assist in developing online learning programs

$1,640,000
American Endowment Foundation

Hudson, OH

PURPOSE: GCF GLOBAL LEARNING

$10,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$22
View Grant Recipient Profile

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