Christ Episcopal Church Foundation Inc
- Assets
- $5.4m
- Revenue
- $405.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 11/1969
- Data as of
- 12/2021
- EIN
- 56-6065122
Organization Overview
Christ Episcopal Church Foundation Inc is located in Charlotte, NC. The organization was established in 1969. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christ Episcopal Church Foundation Inc 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, Christ Episcopal Church Foundation Inc generated $405.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $125.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Christ Episcopal Church Foundation Inc has awarded 51 individual grants totaling $940,240. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL, CHARITABLE, MISSIONARY, AND OTHER AS PART OF THE MINISTRY OF CHRIST EPISCOPAL CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OUTREACH - FINANCIAL ASSISTANCE PROVIDED TO 10 LOCAL COMMUNITY ORGANIZATION PROVIDING CRITICAL NEED SERVICES.
7 ACADEMIC SCHOLARSHIPS WERE GRANTED BASED ON FINANCIAL NEED, GOOD CITIZENSHIP, AND SCHOOL ACTIVITIES.
FINANCIAL ASSISTANCE PROVIDED TO CHRIST EPISCOPAL CHURCH FOR PROPERTY, PLANT AND EQUIPMENT NEEDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrington Coulter Treasurer | OfficerTrustee | 0.5 | $0 |
Suzanne Bledsoe Chair | OfficerTrustee | 0.5 | $0 |
Emily Smith Secretary | OfficerTrustee | 0.5 | $0 |
Mary Kluttz Member | Trustee | 0.25 | $0 |
Mark Mealy Member | Trustee | 0.25 | $0 |
Hooper Hardison Member | Trustee | 0.25 | $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 | $16,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,060 |
| Total Program Service Revenue | $0 |
| Investment income | $137,342 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $251,802 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $405,204 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $79,500 |
| Grants and other assistance to domestic individuals. | $12,950 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,004 |
| Fees for services: Other | $10,950 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $125,404 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $227,653 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $822,158 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,301,321 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,017 |
| Total assets | $5,357,149 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $100,444 |
| Net assets with donor restrictions | $5,256,705 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,357,149 |
Grants Awarded
Over the last fiscal year, Christ Episcopal Church Foundation Inc has awarded $74,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Charlotte, NC PURPOSE: Affordable Housing | $14,000 |
Charlotte, NC PURPOSE: Outreach | $10,000 |
Charlotte, NC PURPOSE: Outreach | $10,000 |
Charlotte, NC PURPOSE: Outreach | $10,000 |
Charlotte, NC PURPOSE: Outreach | $7,500 |
Charlotte, NC PURPOSE: Outreach | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Christ Episcopal Church Foundation Inc has recieved totaling $6,037.
| Awarding Organization | Amount |
|---|---|
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $6,037 |
Endowment Analysis
| Beg. Balance | $4,842,132 |
| Earnings | $624,160 |
| Admin Expense | $22,004 |
| Net Contributions | $16,060 |
| Other Expense | $10,950 |
| Grants | $92,450 |
| Ending Balance | $5,356,948 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rethink Group Inc Cumming, GA | $5,968,451 | $26,130,363 |
Chesterfield Food Bank Chester, VA | $4,733,303 | $12,678,774 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |