STANLEY & DOROTHY FRANK FAMILY FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
STANLEY & DOROTHY FRANK FAMILY FOUNDATION (EIN 56-6513308)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202433209349310918
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-11-15T11:44:50-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN882730877PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHERRY BEKAERT ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13800 GLENWOOD AVE SUITE 200AddressLine1Txt
CityRALEIGHCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27612ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN566513308EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STANLEY & DOROTHY FRANK FAMILYBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlSTANBusinessNameControlTxt
Phone3363799100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 NORTH ELM STREET 100AddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27401ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonH WALKER SANDERSPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone3363799100PhoneNum
Signature2024-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMELANIE MCPEAKPreparerPersonNm
PTINP01346034PTIN
Phone9197821040PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerH WALKER SANDERSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 NORTH ELM STREET 100AddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27401ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,584,395GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1997FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionSUPPORT THE COMMUNITY FOUNDATION OF GREATER GREENSBORO IN STRENGTHENING OUR LOCAL COMMUNITIESActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent6VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers7TotalVolunteersCnt
Total Gross UBI$15,608TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$47,047NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$3,496CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income-$141,827PYInvestmentIncomeAmt
CY Investment Income$1,190,503CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$35,276CYOtherRevenueAmt
PY Total Revenue-$141,827PYTotalRevenueAmt
CY Total Revenue$1,229,275CYTotalRevenueAmt
PY Grants And Similar Paid$902,519PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$978,777CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$402,351PYOtherExpensesAmt
CY Other Expenses$398,528CYOtherExpensesAmt
PY Total Expenses$1,304,870PYTotalExpensesAmt
CY Total Expenses$1,377,305CYTotalExpensesAmt
PY Revenues Less Expenses-$1,446,697PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$148,030CYRevenuesLessExpensesAmt
Total Assets BOY$31,525,345TotalAssetsBOYAmt
Total Assets EOY$35,069,519TotalAssetsEOYAmt
Total Liabilities BOY$6,994TotalLiabilitiesBOYAmt
Total Liabilities EOY$460,288TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$31,518,351NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$34,609,231NetAssetsOrFundBalancesEOYAmt
MissionTHE STANLEY AND DOROTHY FRANK FAMILY FOUNDATION IS A SUPPORTING ORGANIZATION OF COMMUNITY FOUNDATION OF GREATER GREENSBORO.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,064,386ExpenseAmt
Grant$978,777GrantAmt
DescGRANTS WERE MADE FOR THE BETTERMENT OF GREENSBORO, NORTH CAROLINA, AND THE SURROUNDING AREA.Desc
Total Program Service Expenses$1,064,386TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member6IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARCI H PEACEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3367907518PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 NORTH ELM STREET SUITE 100AddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27401ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
BARRY S FRANK
PRESIDENT1.000.00Yes (X)Yes (X)$0$0$0
CAROLE SIMMS
SECRETARY1.000.00Yes (X)Yes (X)$0$0$0
KARL ANDERSON
DIRECTOR0.250.00Yes (X)$0$0$0
ZAC ENGLE
DIRECTOR0.250.00Yes (X)$0$0$0
JACQUELINE O'CONNELL
DIRECTOR0.250.00Yes (X)$0$0$0
JACKIE WIELAND
DIRECTOR0.250.00Yes (X)$0$0$0
H WALKER SANDERS
DIRECTOR0.2542.00Yes (X)Yes (X)$0$273,268$29,355
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$273,268TotReportableCompRltdOrgAmt
Total Other Compensation$29,355TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PIEDMONT TRUSTBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line1800 GREEN VALLEY RD STE 203AddressLine1Txt
CityGREENSBOROCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27408ZIPCd
FieldValueIRS element (for citing)
ServicesINVESTMENT MGMT.ServicesDesc
Compensation$129,354CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$3,496AllOtherContributionsAmt
Total Contributions$3,496TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$299,812TotalRevenueColumnAmt
Unrelated Business Revenue$15,608UnrelatedBusinessRevenueAmt
Exclusion$284,204ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$2,245,811SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,355,120SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$890,691SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$890,691TotalRevenueColumnAmt
Exclusion$890,691ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescREFUND OF ESTIMATED TAXESDesc
Business900099BusinessCd
Total Revenue Column$35,276TotalRevenueColumnAmt
Exclusion$35,276ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$35,276OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,229,275TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$15,608UnrelatedBusinessRevenueAmt
Exclusion$1,210,171ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$978,777TotalAmt
Program Services$978,777ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$94,646TotalAmt
Program Services$64,359ProgramServicesAmt
Management And General$30,287ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$40,175TotalAmt
Management And General$40,175ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,396TotalAmt
Management And General$5,396ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$237,061TotalAmt
Management And General$237,061ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescOTHER PROGRAM EXPENSESDesc
Total$21,250TotalAmt
Program Services$21,250ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,377,305TotalAmt
Program Services$1,064,386ProgramServicesAmt
Management And General$312,919ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,934,986BOYAmt
EOY$6,445,253EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$12,006BOYAmt
EOY$12EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$9,231,177BOYAmt
EOY$10,775,880EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$16,347,176BOYAmt
EOY$17,848,374EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$31,525,345BOYAmt
EOY$35,069,519EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,994BOYAmt
EOY$460,288EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,994BOYAmt
EOY$460,288EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,900,683BOYAmt
EOY$5,988,067EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$28,617,668BOYAmt
EOY$28,621,164EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$31,518,351BOYAmt
EOY$34,609,231EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$31,525,345BOYAmt
EOY$35,069,519EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$148,030ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$2,678,642NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$560,268OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY FOUNDATION OF GREATER GREENSBORO INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN561380249EIN
Organization Type7OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported OrgYes (1)SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, SECTION A, LINE 6:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION IS A SUPPORTING ORGANIZATION OF COMMUNITY FOUNDATION OF GREATER GREENSBORO ("CFGG"). CFGG MAKES GRANTS TO STRENGTHEN THE GREATER GREENSBORO COMMUNITY. GRANTS MADE BY THE FOUNDATION ARE TO ORGANIZATIONS THAT CFGG WOULD TYPICALLY SUPPORT DIRECTLY.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$28,617,668BeginningYearBalanceAmt
Contributions$563,764ContributionsAmt
Investment Earnings Or Losses$3,436,914InvestmentEarningsOrLossesAmt
Grants Or Scholarships$805,654GrantsOrScholarshipsAmt
Administrative Expenses$294,673AdministrativeExpensesAmt
End Year Balance$31,518,019EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$35,263,904BeginningYearBalanceAmt
Investment Earnings Or Losses-$5,654,167InvestmentEarningsOrLossesAmt
Grants Or Scholarships$702,019GrantsOrScholarshipsAmt
Administrative Expenses$290,050AdministrativeExpensesAmt
End Year Balance$28,617,668EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$32,150,392BeginningYearBalanceAmt
Investment Earnings Or Losses$3,667,121InvestmentEarningsOrLossesAmt
Grants Or Scholarships$460,417GrantsOrScholarshipsAmt
Administrative Expenses$93,192AdministrativeExpensesAmt
End Year Balance$35,263,904EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,742,009BeginningYearBalanceAmt
Contributions$28,316,118ContributionsAmt
Investment Earnings Or Losses$2,604,409InvestmentEarningsOrLossesAmt
Grants Or Scholarships$415,774GrantsOrScholarshipsAmt
Administrative Expenses$96,370AdministrativeExpensesAmt
End Year Balance$32,150,392EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$183,690BeginningYearBalanceAmt
Contributions$1,487,312ContributionsAmt
Investment Earnings Or Losses$81,727InvestmentEarningsOrLossesAmt
Grants Or Scholarships$8,016GrantsOrScholarshipsAmt
Administrative Expenses$2,704AdministrativeExpensesAmt
End Year Balance$1,742,009EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (1)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (1)RelatedOrgListSchRInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENT IN POOLED FUNDS$171,404F
PARTNERSHIPS$12,991,255F
HEDGE FUND$4,685,715F
FieldValueIRS element (for citing)
Total Book Value Securities$17,848,374TotalBookValueSecuritiesAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:FUNDS FROM THE ENDOWMENT ARE USED TO SUPPORT SPECIFIED NON-PROFIT ORGANIZATIONS, CHARITABLE CAUSES, AND SCHOLARSHIPS FOR THE BENEFIT OF THE GREENSBORO AREA AND ITS RESIDENTS. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE.
PART X, LINE 2:IT IS THE COMMUNITY FOUNDATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE LIKELY THAN NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND THE IMPACT, IF ANY, OF THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE COMBINED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED DURING 2023 OR 2022.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp

FieldValueIRS element (for citing)
RegionCENTRAL AMERICA AND THE CARIBBEANRegionTxt
Offices0OfficesCnt
Employee0EmployeeCnt
Type Of Activities ConductedINVESTMENTSTypeOfActivitiesConductedTxt
Region Total Expenditures$4,825,326RegionTotalExpendituresAmt
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$4,825,326SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$4,825,326TotalSpentAmt
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 3:FormAndLineReferenceDesc
ExplanationTHE AMOUNT REPORTED IN PART I REPRESENTS THE FMV OF THE INVESTMENTS AS OF THE END OF THE TAX YEAR.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (22 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
ACTION GREENSBORO INC
122 NORTH ELM STREET SUITE 110GREENSBORONC27401562251250501(C)(3)$85,000$0GENERAL SUPPORT
APPALACHIAN STATE UNIVERSITY - ADVANCEMENT
BOX 32088BOONENC28608561176030501(C)(3)$111,390$0GENERAL SUPPORT
AUTHORACARE COLLECTIVE
2500 SUMMIT AVEGREENSBORONC274054522561249146501(C)(3)$14,814$0GENERAL SUPPORT
EBENEZER LUTHERAN CHURCH
310 S TREMONT DRGREENSBORONC27403566021823501(C)(3)$13,034$0GENERAL SUPPORT
GIRL SCOUTS CAROLINAS PEAKS TO PIEDMONT
31 COLLEGE PLACE BLDG CASHEVILLENC28801560577629501(C)(3)$5,214$0GENERAL SUPPORT
GREENSBORO JEWISH FEDERATION
5509 - C W FRIENDLY AVEGREENSBORONC274104211237107693501(C)(3)$17,642$0GENERAL SUPPORT
GREENSBORO SYMPHONY ORCHESTRA
200 N DAVIE ST STE 301GREENSBORONC27401566063111501(C)(3)$10,800$0GENERAL SUPPORT
GUILFORD COLLEGE
5800 W FRIENDLY AVEGREENSBORONC27410560529982501(C)(3)$64,841$0GENERAL SUPPORT
GUILFORD TECHNICAL COMMUNITY COLLEGE FOUNDATION
PO BOX 309JAMESTOWNNC272820309566085391501(C)(3)$125,000$0GENERAL SUPPORT
LUTHERAN CHAPEL CHURCH
135 EUDY RDCHINA GROVENC28023566049465501(C)(3)$27,848$0GENERAL SUPPORT
MOSES H CONE MEMORIAL HOSPITAL
1200 N ELM STGREENSBORONC27401581588823501(C)(3)$25,000$0GENERAL SUPPORT
OLD NORTH STATE COUNCIL OF BOY SCOUTS OF AMERICA
PO BOX 29046GREENSBORONC27429561762001501(C)(3)$5,214$0GENERAL SUPPORT
SALVATION ARMY BOYS AND GIRLS CLUB GREENSBORO
1001 FREEMAN MILL ROADGREENSBORONC27406580660607501(C)(3)$5,214$0GENERAL SUPPORT
SALVATION ARMY GREENSBORO
PO BOX 5310GREENSBORONC274350310132923701501(C)(3)$7,820$0GENERAL SUPPORT
SENIOR RESOURCES OF GUILFORD
PO BOX 21993GREENSBORONC27420561181577501(C)(3)$10,427$0GENERAL SUPPORT
TEMPLE EMANUEL
1129 JEFFERSON RDGREENSBORONC27410560543235501(C)(3)$65,086$0GENERAL SUPPORT
THE NUSSBAUM CENTER FOR ENTREPRENEURSHIP INC
1451 S ELM-EUGENE STGREENSBORONC27406561577495501(C)(3)$80,000$0GENERAL SUPPORT
TRINITY LUTHERAN CHURCH
108 W RICE STLANDISNC28088560934773501(C)(3)$27,848$0GENERAL SUPPORT
UNCG EXCELLENCE FOUNDATION
PO BOX 26170GREENSBORONC274026170566086393501(C)(3)$5,214$0GENERAL SUPPORT
UNITED WAY OF GREATER GREENSBORO
1500 YANCEYVILLE STGREENSBORONC274056932560668555501(C)(3)$75,000$0GENERAL SUPPORT
WAKE FOREST UNIVERSITY SCHOOL OF MEDICINE
PO BOX 571021WINSTONSALEMNC271571021560532138501(C)(3)$43,227$0GENERAL SUPPORT
WELL SPRING- A LIFE PLAN COMMUNITY
4100 WELL SPRING DRGREENSBORONC27410561497371501(C)(3)$150,000$0GENERAL SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org22Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS ARE MADE FOR GENERAL OPERATING SUPPORT OF PREAUTHORIZED 501(C)(3) CHARITABLE ORGANIZATIONS. AS SUCH, IT IS NOT NECESSARY TO MONITOR THE USE OF THE FUNDS GIVEN. GRANTEES ARE RECOMMENDED BY BOARD MEMBERS AND VOTED ON BY THE BOARD.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonH WALKER SANDERSPersonNm
TitleDIRECTORTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$268,324CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$102BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$4,842OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$18,838DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$10,517NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$302,623TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 4BFormAndLineReferenceDesc
ExplanationH. WALKER SANDERS PARTICIPATED IN A SECTION 457(F) DEFERRED RETENTION BONUS PLAN AT COMMUNITY FOUNDATION OF GREATER GREENSBORO. VESTED AMOUNTS ARE DISTRIBUTABLE UPON THE EARLIEST OF THE FOLLOWING: SPECIFIED DISTRIBUTION DATE, JUNE 30, 2032; INVOLUNTARY SEPARATION FROM SERVICE WITHOUT CAUSE; TERMINATION FOR GOOD REASON; OR DISABILITY. THERE WERE NO PAYMENTS UNDER THE PLAN IN THE CURRENT YEAR.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 7ATHE COMMUNITY FOUNDATION OF GREATER GREENSBORO BOARD OF DIRECTORS APPOINTS THE MAJORITY OF THE MEMBERS OF THE STANLEY & DOROTHY FRANK FAMILY FOUNDATION BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FINANCE COMMITTEE OF COMMUNITY FOUNDATION OF GREATER GREENSBORO, COMPRISED OF ACCOUNTING AND FINANCIAL PROFESSIONALS, REVIEWED THE 990 IN DRAFT FORM PRIOR TO FILING. ALL BOARD MEMBERS WERE PROVIDED WITH A COPY OF THE 990 PRIOR TO ITS FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, BOARD MEMBERS ACKNOWLEDGE THEIR ADHERENCE TO THE CONFLICT OF INTEREST POLICY. ANY DUALITY OR POSSIBLE CONFLICT OF INTEREST ON THE PART OF ANY MEMBER OF THE BOARD OF DIRECTORS IS DISCLOSED TO THE OTHER MEMBERS OF THE BOARD AND MADE A MATTER OF RECORD. IF A CONFLICT IS KNOWN, THAT PERSON SHALL NOT VOTE ON SUCH MATTER AND SHALL NOT ATTEMPT TO EXERT PERSONAL INFLUENCE IN CONNECTION THEREWITH.
FORM 990, PART VI, SECTION B, LINE 15THE ORGANIZATION HAS NO FULL-TIME EMPLOYEES. KEY PERSONNEL IN SUPPORT OF THE ORGANIZATION ARE EMPLOYEES OF THE COMMUNITY FOUNDATION OF GREATER GREENSBORO ("CFGG") AND ARE SUBJECT TO COMPENSATION, CLASSIFICATION AND ALL OTHER PERSONNEL POLICIES OF CFGG. CFGG PERIODICALLY REVIEWS ITS CLASSIFICATION AND COMPENSATION STRUCTURE TO ENSURE REASONABLENESS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND ON THE COMMUNITY FOUNDATION OF GREATER GREENSBORO'S WEBSITE.
FORM 990, PART VII, COMPENSATION FROM RELATED ORGANIZATIONSH. WALKER SANDERS, DIRECTOR, RECEIVES COMPENSATION FROM A RELATED ORGANIZATION, THE COMMUNITY FOUNDATION OF GREATER GREENSBORO. COMPENSATION REPORTED IN PART VII FOR THIS INDIVIDUAL IS FOR THE SERVICES PERFORMED FOR THE RELATED ORGANIZATION IN HIS CAPACITY AS AN EMPLOYEE FOR THE RELATED ORGANIZATION.
FORM 990, PART XI, LINE 9:BENEFICIAL INTEREST IN TRUST 560,268.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
COMMUNITY FOUNDATION OF GREATER GREENSBORO INC
301 NORTH ELM STREET STE 100GREENSBORONC27401561380249COMMUNITY BETTERMENTNC501(C)(3)LINE 7N/A0
COMMUNITY FOUNDATION REAL ESTATE MANAGEMENT FUND INC
301 NORTH ELM STREET STE 100GREENSBORONC27401562035757TO ADMINISTER CHARITABLE FUNDS RELATING TO REAL PROPERTYNC501(C)(3)LINE 12A, I0COMMUNITY FOUNDATION OF GREATER GREENSBORO INC
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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