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Community Development : Community Foundations

Community Foundation of Henderson County

Forever caring. Forever giving.

four stars

95.17

401 North Main Street Suite 300
Hendersonville, NC 28792
tel: (828) 697-6224   Web Site
EIN: 56-1330792

Board Leadership
Cindy Causby
Chair

CEO
McCray Benson
President, CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 95.17 four stars
  Financial 94.47 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 04/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The mission of Community Foundation of Henderson County is helping people who care make lasting contributions to causes that matter. Individuals, families, organizations and businesses establish funds at the Community Foundation to carry out their charitable giving now and in the future. This past fiscal year, the Community Foundation distributed more than $2.9 million to nonprofit organizations and scholarship recipients through grants and scholarships.

The mission of Community Foundation of Henderson County is helping people who care make lasting contributions to causes that matter. Individuals, families, organizations and businesses establish funds at the Community Foundation to carry out their charitable giving now and in the future. This past fiscal year, the Community Foundation distributed more than $2.9 million to nonprofit organizations and scholarship recipients through grants and scholarships.

Impact Information

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Financial

four stars

94.47

Accountability & Transparency

four stars

96.00

This rating was published 04/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
87.2%
  Administrative Expenses 10.5%
  Fundraising Expenses 2.1%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 6.38
  Program Expenses Growth 8.1%
  Liabilities to Assets 2.0%
All data for Financial Performance Metrics calculations was provided by Community Foundation of Henderson County on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Community Foundation of Henderson County on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Community Foundation of Henderson County (NC) 95.17 four stars
Miami Foundation (FL) 94.54 four stars
North Carolina Community Foundation (NC) 96.24 four stars
Hawaii Community Foundation (HI) 92.81 four stars
The Community Foundation for Greater Atlanta (GA) 90.99 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,747,138
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $60,819
   Related Organizations $0
   Government Grants $0
Total Contributions $7,807,957
   Program Service Revenue $0
Total Primary Revenue $7,807,957
   Other Revenue $5,805,604
TOTAL REVENUE $13,613,561
   
EXPENSES  
   Program Expenses $4,249,388
   Administrative Expenses $487,632
   Fundraising Expenses $89,325
TOTAL FUNCTIONAL EXPENSES $4,826,345
   
Payments to Affiliates $0
Excess (or Deficit) for the year $8,787,216
   
Net Assets $106,056,397

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Fund Management $3,812,954 89.7%
Scholarship Funds $436,434 10.3%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 04/01/2019 95.17 four stars
2017-06 06/01/2018 89.83 three stars
2016-06 11/01/2017 91.28 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-1330792
Name in IRS Master File COMMUNITY FOUNDATION OF HENDERSON COUNTY INC
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (903) Community trust or component
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1982
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$153,206 3.17% McCray Benson President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Community Foundation of Henderson County (NC) 95.17 four stars
The Greater Cincinnati Foundation (OH) 93.72 four stars
Community Foundation of Middle Tennessee (TN) 93.67 four stars
The Boston Foundation (MA) 92.75 four stars
New York Community Trust (NY) 96.26 four stars

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Charity Contact Info

Community Foundation of Henderson County
401 North Main Street
Suite 300
Hendersonville, NC 28792
tel: (828) 697-6224
fax: (828) 696-4026
EIN: 56-1330792

Mail donations to:
P.O. Box 1108
Hendersonville, NC 28793

Visit Web Site

Board Leadership

Cindy Causby
Chair

CEO

McCray Benson
President, CEO

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