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Filing year 2024

GORRELL FAMILY FOUNDATION INC

Greensboro, North Carolina·EIN 56-2089597·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$315k
Total assets
$4M
Total expenses
$317k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. GORRELL FAMILY FOUNDATION INC reported 2 unpaid officers and board members on its 990-PF.

President
Treasurer

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$240k

Itemized grants

18

Median grant

$5k

RecipientLocationPurposeAmount
GREENSBORO DAY SCHOOLGREENSBORO, NCGENERAL PURPOSE SUPPORT$105k
WEST MARKET STREET UNITED METHODIST CHURCHGREENSBORO, NCGENERAL PURPOSE SUPPORT$35k
THE NICKWOLFEBORO, NHGENERAL PURPOSE SUPPORT$20k
CONE HEALTHGREENSBORO, NCGENERAL PURPOSE SUPPORT$15k
KINGSWOOD YOUTH CENTERWOLFEBORO, NHGENERAL PURPOSE SUPPORT$10k
WOLFEBORO CENTRE COMMUNITY CHURCHWOLFEBORO, NHGENERAL PURPOSE SUPPORT$10k
WOLFEBORO PUBLIC LIBRARY FOUNDATIONWOLFEBORO, NHGENERAL PURPOSE SUPPORT$7k
CHILDSAVERS OF RICHMONDRICHMOND, VAGENERAL PURPOSE SUPPORT$5k
KIND COOPERATIVEWOLFEBORO, NHGENERAL PURPOSE SUPPORT$5k
THE CROSS-OVER MINISTRY INCRICHMOND, VAGENERAL PURPOSE SUPPORT$5k
COTTON VALLEY TRAIL COMMITTEE INCWOLFEBORO FALLS, NHGENERAL PURPOSE SUPPORT$5k
SANCTUARY HOUSEGREENSBORO, NCGENERAL PURPOSE SUPPORT$5k
THE MAYES FOUNDATIONWAYNESBORO, VAGENERAL PURPOSE SUPPORT$3k
JACKSON FIELD HOMESJARRATT, VAGENERAL PURPOSE SUPPORT$3k
YMCA CAMP BELKNAPWOLFEBORO, NHGENERAL PURPOSE SUPPORT$2k
MERCY HOUSE INCHARRISONBURG, VAGENERAL PURPOSE SUPPORT$2k
WENTWORTH WATERSHED ASSOCIATIONWOLFEBORO, NHGENERAL PURPOSE SUPPORT$2k
LIFE MINISTRIES FOOD PANTRYWOLFEBORO, NHGENERAL PURPOSE SUPPORT$2k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

GORRELL FAMILY FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$184k
$365k
2023
$315k
$317k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

GORRELL FAMILY FOUNDATION INC 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 GORRELL FAMILY FOUNDATION INC

What are GORRELL FAMILY FOUNDATION INC's revenue and expenses?

In 2024, GORRELL FAMILY FOUNDATION INC reported $315k in total revenue and $317k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.