GOLD2022

The Community Foundation of Western North Carolina

aka CFWNC   |   Asheville, NC   |  www.cfwnc.org

Mission

The Community Foundation of Western North Carolina inspires philanthropy and mobilizes resources to enrich lives and communities in Western North Carolina.

Ruling year info

1979

President

Ms. Elizabeth Brazas

Main address

4 Vanderbilt Park Drive, Suite 300

Asheville, NC 28803 USA

Show more contact info

EIN

56-1223384

NTEE code info

Community Foundations (T31)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2018.
Register now

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grants

CFWNC serves many constituencies and funds a wide range of initiatives, organizations and projects. From July 1, 2020 to June 30, 2021, CFWNC distributed over $29 million with 76 percent of the grants directed by donors. The Foundation actively manages more than 1,200 funds, each created by an individual, family, corporation or nonprofit. Assets under management stand at $448 million (December 2021) held in more than 1,200 named funds. CFWNC serves 18 WNC counties. More information is available at www.cfwnc.org (http://www.cfwnc.org) .

Population(s) Served
Older adults
Seniors
Young adults
Children and youth

CFWNC administers approximately 60 scholarships. In 2021, $410,250 was awarded to 91 students.

Population(s) Served
Children and youth

Where we work

Accreditations

Council on Foundations Accredited

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

CFWNC helps donors and nonprofits achieve their charitable goals. We work to build permanent charitable capital for 18 counties in Western North Carolina. Funding focus areas include People in Need, Food and Farming, Early Childhood Development and Natural and Cultural Resources.

What We Do:
Work with donors to create charitable funds according to their specific interests and needs
Inform donors about critical issues and match them with giving opportunities
Responsibly manage the charitable assets in our care
Make grants and provide support to nonprofit 501(c)(3) organizations and public agencies for improving communities in our region
Encourage and participate in community initiatives and partnerships
Build awareness of the importance of philanthropy

Financials

The Community Foundation of Western North Carolina
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

The Community Foundation of Western North Carolina

Board of directors
as of 09/12/2022
SOURCE: Self-reported by organization
Board co-chair

Sarah Sparboe Thornburg

Community Volunteer


Board co-chair

J. Chris Smith

Stephanie Norris Kiser

Community Volunteer

Sarah Sparboe Thornburg

Community Volunteer

Michael Fields

Community Volunteer

Caroline Avery

Community Volunteer

Natalie Bailey

Community Volunteer

William Clarke

Community Volunteer

Connie Haire

Community Volunteer

Susan Jenkins

Community Volunteer

Jean McLaughlin

Community Volunteer

Joanne Badr Morgan

Community Volunteer

Scott Shealy

Community Volunteer

J. Chris Smith

Community Volunteer

Juanita Wilson

Community Volunteer

Francisco Castelblanco

Community Volunteer

Ellen O. Carr

Community Volunteer

Sharon Fouts Taylor

Community Volunteer

Himanshu Karvir

Community Volunteer

Yolanda Fair

Community Volunteer

Heather Norton

Community Volunteer

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? No

Organizational demographics

SOURCE: Self-reported; last updated 9/12/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender (cisgender)
Sexual orientation
Decline to state
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

Equity strategies

Last updated: 05/24/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.