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Filing year 2022

ASSOCIATED FOUNDATION INCORPORATED

Belmont, North Carolina·EIN 56-6043197·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$37k
Total assets
$776k
Total expenses
$49k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2022. ASSOCIATED FOUNDATION INCORPORATED reported 4 unpaid officers and board members on its 990-PF.

President
Secretary
Vice President
Vice President

Grants paid

Itemized grants reported on this foundation's 2022 Form 990-PF, Part XV.

Total granted

$38k

Itemized grants

13

Median grant

$2k

RecipientLocationPurposeAmount
GASTON COMMUNITY FOUNDATIONGASTONIA, NCCOMMUNITY CHARITABLE$18k
FIRST PRES CHURCHGASTONIA, NCRELIGIOUS$5k
SPOLETO FESTIVAL USACHARLESTON, SCCOMMUNITY CHARITABLE$3k
WILDACRES RETREATLITTLE SWITZERLAND, NCCOMMUNITY CHARITABLE$3k
CHARLOTTE SYMPHONYCHARLOTTE, NCART SCIENCE$3k
COVENANT PRES CHURCHCHARLOTTE, NCRELIGIOUS$2k
CHARLOTTE MASTER CHORALEMATTHEWS, NCART SCIENCE$2k
SOUTHPOINT HIGH SCHOOLBELMONT, NCEDUCATION$1k
SLEEP IN HEAVENLY PEACEBELMONT, NCCOMMUNITY CHARITABLE$1k
WESTERN CAROLINA UNIVERSITY SCH OF MUSICCULLOWHEE, NCEDUCATION$1k
SOUTHPOINT HS BAND BOOSTERSBELMONT, NCEDUCATION$500
SOUTHPOINT HS HIGH SCHOOL CHORALEBELMONT, NCEDUCATION$500
CRAMERTON MIDDLE SCHOOLCRAMERTON, NCEDUCATION$300
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

ASSOCIATED FOUNDATION INCORPORATED reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about ASSOCIATED FOUNDATION INCORPORATED

What are ASSOCIATED FOUNDATION INCORPORATED's revenue and expenses?

In 2022, ASSOCIATED FOUNDATION INCORPORATED reported $37k in total revenue and $49k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.