Northwest North Carolina Community Foundation in Winstonsalem, North Carolina (NC)

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Northwest North Carolina Community Foundation
Employer Identification Number (EIN)203536704
Name of OrganizationNorthwest North Carolina Community Foundation
In Care of NameBilly G Whitaker
AddressPO BOX 4299, Winstonsalem, NC 27115-4299
SubsectionCharitable Organization
Ruling Date06/2006
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$31,170,847
Amount of Income$12,295,292
Form 990 Revenue Amount$6,756,171
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Private Grantmaking Foundations


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Amount of income in 2012: $12,295,292 (it was $8,919,846 in 2011)
Northwest North Carolina Community Foundation: 

 $12,295,292
Other organizations performing similar types of work: 

 $97,434

Assets in 2012: $31,170,847 (it was $24,561,461 in 2011)
This organization: 

 $31,170,847
Other organizations performing similar types of work: 

 $303,611

Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$8,919,846
Contributions, Gifts, Grants and Other Similar Amounts$8,000,000
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$405,058
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$514,788
Gross amount from sales of assets other than inventory (Securities / Other)$31,473,179 / $0
Less: cost or other basis and sales expenses (Securities / Other)$30,958,391 / $0
Gain or (loss) (Securities / Other)$514,788 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$1,057,383
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$1,057,383
Balance Sheet (for 2011)
Total assets$24,561,461
Total liabilities$115,063
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$115,063
Total net assets or fund balances$24,446,398
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Marine Toys For Tots Foundation18251 Quantico Gateway Drive, Triangle, VA 22172-1776VA2006-04$295,012,655
2Connecticut Health Foundation Inc100 Pearl Street, Hartford, CT 06103-4506CT2002-10$174,299,539
3Williamsburg Community Health Foundation Inc5308 Discovery Park Blvd, Williamsburg, VA 23188-2880VA1997-02$156,093,653
4Osteopathic Heritage Foundation1500 Lake Shore Dr Ste 230, Columbus, OH 43204-3800OH2004-03$141,668,418
5United Israel Appeal Of Canada IncToronto On M2r 3v3, Canadainternational2001-05$54,245,721
6United Methodist Retirement Homes Incorporated2600 Croasdaile Farm Pkwy No A-500, Durham, NC 27705-1331NC2011-08$46,081,175
7Charles A Cannon Charitable Trust No One1525 W Wt Harris Blvd D1114, Charlotte, NC 28288-0001NC1981-09$43,447,640
8The American Electric Power System Retiree Medical Benefit Trust For, Certain Union EmployeesPO BOX 535007, Pittsburgh, PA 15253-5007PA2004-09$27,602,685
9United Methodist Retirement Homes Foundation2600 Croasdaile Farm Pkwy, Durham, NC 27705-1331NC1994-07$121,847
10Bear Grass Educational FoundationPO BOX 869, Williamston, NC 27892-0869NC1998-06$37,385
11Bank Of America Charitable Foundation Inc150 N College St Nc1-028-17-06, Charlotte, NC 28202-2271NC2004-03$225,521,584
12R B Terry Charitable Foundation IncPO BOX 2003, High Point, NC 27261-2003NC1999-01$141,154,031
13Anonymous TrustPO BOX 31143, Raleigh, NC 27622-1143NC2010-11$118,443,111
14Porter B Byrum Charitable Tr, Porter B Byrum TteePO BOX 11795, Charlotte, NC 28220-1795NC2008-08$37,994,516
15Carlos And Marguerite Mason Foundation 4316997001525 W Wt Harris Blvd D1114-044, Charlotte, NC 28288-0001NC2006-01$23,358,867
16James R & Bonnie L Braswell Tr, Bower George W Jr Ttee300 E Wade St, Wadesboro, NC 28170-2231NC2002-05$14,858,368
17Northwest North Carolina Community FoundationPO BOX 4299, Winstonsalem, NC 27115-4299NC2006-06$12,295,292
18The Robertson Scholars Leadership ProgramOne W Fourth St, Winston Salem, NC 27101-3818NC2006-05$7,608,427
19Edward M Armfield Sr Foundation Inc324 W Wendover Ave Ste 130, Greensboro, NC 27408-8438NC2000-02$6,888,053
20Bill And Sharon Allen Familyfoundation810 Colville Rd, Charlotte, NC 28207-2312NC2007-03$6,301,380
21Anonymous FundPO BOX 9908, Greensboro, NC 27429-0908NC1999-10$5,229,808
22Greg And India Keith Foundation5201 Gorham Dr, Charlotte, NC 28226-6407NC2005-12$3,271,105
23Kean Hartquist Foundation17404 B Randalls Ferry Rd, Norwood, NC 28128-7460NC1999-03$2,794,618
24E T Rollins Jr And Frances Prollins Foundation3511 Shannon Rd Ste 140, Durham, NC 27707-6340NC2007-09$2,638,573
25Duke University Philanthropies Inc324 Blckwll St Wash Bldg Ste 920, Durham, NC 27701NC2005-02$2,592,959
26Caroline J S Sanders Charitable Trust Ii 65147071525 W Wt Harris Blvd D1114-044, Charlotte, NC 28288-0001NC2000-03$2,473,880
27Hayes Family Charitable Tr, Robert Hayes Jr Ttee220 N Tryon St, Charlotte, NC 28202-2137NC2008-02$2,305,092
28Carrie E And Lena V Glenn Foundation Inc1552 Union Rd Ste D, Gastonia, NC 28054-5523NC2005-03$2,287,802
29Nivison Family Foundation4104 Atlantic Ave Ste 140, Raleigh, NC 27604-1803NC2005-03$2,268,412
30Reinemund Family Foundation2712 Bartram Pl, Winston Salem, NC 27106-5101NC1999-02$2,157,203
Number of organizations performing similar types of work
Alaska25
Alabama192
Arkansas70
Arizona288
California2,416
Colorado378
Connecticut382
District of Columbia106
Delaware539
Florida1,396
Georgia456
Hawaii80
Iowa165
Idaho53
Illinois1,024
Indiana284
Kansas148
Kentucky156
Louisiana146
Massachusetts669
Maryland401
Maine82
Michigan596
Minnesota362
Missouri307
Mississippi62
Montana62
North Carolina519
North Dakota20
Nebraska159
New Hampshire72
New Jersey843
New Mexico87
Nevada190
New York2,482
Ohio691
Oklahoma217
Oregon198
Pennsylvania1,160
Rhode Island172
South Carolina161
South Dakota27
Tennessee240
Texas1,146
Utah259
Virginia453
Vermont52
Washington359
Wisconsin355
West Virginia66
Wyoming57
International34
Total20,864

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