COMMUNITY FOUNDATION OF BURKE COUNTY

MORGANTON, NC, 28680 (828) 437-7105 Est. 1998 EIN 56-2170220
T31 - Community Foundations 990 - Public charity return 501(c)(3)
www.cfburkecounty.org

Mission

TO ENCOURAGE, DEVELOP, AND PARTICIPATE IN PHILANTHROPY BY PROVIDING FLEXIBLE GIVING OPPORTUNITIES, PROFESSIONAL SUPPORT, AND RESPONSIBLE STEWARDSHIP FOR THE BENEFIT OF DONORS AND QUALIFIED RECIPIENTS.

Giving Portfolio

Total Grants
145
Total Giving
$7.2M
Recipients
144
Years Active
2018 - 2025
Avg grant: $55,660 Median: $33,352

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202523$1.4M $62K517
202419$1.7M $87K415
202316$1.5M $95K115
202214$520K $37K311
202114$500K $36K212
202016$904K $56K313
201843$678K $16K430

Sectors Funded

Human Services
19
Health Care
11
Education
10
Arts, Culture & Humanities
8
Housing & Shelter
8
Environment
5
Religion-Related
4
Community Improvement
4
and 4 more sectors

Top States

North Carolina
140
Indiana
2
Wisconsin
1
South Dakota
1
Tennessee
1

Grantee Size Profile

$500K - $1M
21
$5M - $10M
21
$100K - $500K
18
$1M - $5M
18
$10M - $50M
11
Under $100K
3
Over $50M
3

Top Grantees

Page 1 of 3
FIRST PRESBYTERIAN CHURCH - MORGANTON
NC - 7 grants
$548K
$278K
$210K
NC - 4 grants
$201K

Grants Awarded · 114 grants

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Financials

Total Revenue
$6,942,677
Total Expenses
$2,723,150
Net Assets
$63,916,586
4 employees
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 38.2%
Expenses ↓ 6.3%
Revenue Sources
Contributions 70.1% Investment 29.9%
Expense Breakdown
Program 92.1% Management 5.4% Fundraising 2.4%

Officers & Trustees (16)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$6,942,677 ↓$2,723,150$63,916,586
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$11,231,906 ↑$2,905,594$54,308,676
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$6,221,936 ↓$2,796,529$42,719,395
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$14,279,176 ↑$1,583,757$38,256,383
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$2,775,716 ↓$1,489,416$31,677,241
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$3,500,937 ↑$1,812,866$27,533,776
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$2,272,961 $1,213,542$20,034,933

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EIN: 56-2170220 · Source: IRS Form 990 e-file data