Bernhardt Furniture Foundation
The Bernhardt Furniture Foundation is a private foundation established in 1947 and based in Lenoir, North Carolina. It operates as a company-sponsored foundation with a volunteer leadership team and no paid staff.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
+14.9% YoY
Annual Giving
$204K
+11.0% YoY
Grant Count
28
-6.7% YoY
Avg Grant Size
$7K
+18.9% YoY
Mission & Focus Areas
The foundation supports health clinics and organizations involved with:
- Arts and culture
- Education
- Cancer
- Hunger
- Human services
- Christianity
- Civic support
- Community and economic development
Grantmaking
Review Cycle
May 30th
How to Apply
**
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Geographic Focus
Where this funder awards grants
Primary funding focus is North Carolina, with grants distributed to organizations in:
- Collettsville
- Hickory
- Hudson
- Lenoir
- Morganton
- Rutherford College
- Caldwell County region
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Fiscal Year (FYE October 2024):
- Total assets: $4,310,115
- Total revenues: $856,101
- Total expenses: $274,981
- Total giving: $203,500
- Investment income and dividends: $102,394
- Net gain from sale of non-inventory assets: $290,607
Previous Year (FYE October 2023):
- Total assets: $4,310,115
- Total revenues: $473,500
- Investment income: $82,171
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,310,115 | $3,751,139 | $3,395,735 |
| Revenue | $856,101 | $593,611 | $583,126 |
| Expenses | $274,981 | $240,096 | $228,936 |
| Qualifying Distributions | $255,168 | $224,813 | $209,864 |
| Net Investment Income | $375,778 | $106,306 | $138,962 |
| Distributable Amount | $218,172 | $184,225 | $177,364 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
136 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a volunteer board with no compensation:
- G. Alex Bernhardt Sr. (President)
- James R. Collett Jr. (Vice President)
- G. Alex Bernhardt Jr. (Vice President)
- Anne H. Bernhardt (Vice President)
- William F. Howard III (Treasurer)
- Kevin McDougall (Secretary)
- John E. Cahill (Assistant Secretary-Treasurer)
- Dawn T. Barrett (Assistant Secretary)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| G ALEX BERNHARDT SR | PRESIDENT | 2 | — |
| JAMES R COLLETT JR | VICE PRESIDENT | 2 | — |
| G ALEX BERNHARDT JR | VICE PRESIDENT | 2 | — |
| WILLIAM F HOWARD III | TREASURER | 2 | — |
| ANNE H BERNHARDT | VICE PRESIDENT | 2 | — |
| KEVIN McDOUGALL | SECRETARY | 2 | — |
| JOHN E CAHILL | ASST SEC-TREAS | 2 | — |
| DAWN T BARRETT | ASST SECRETARY | 2 | — |
Contact Information
Mailing Address: PO Box 740 Lenoir, NC 28645-0740
Phone: 828-759-6288
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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