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Dover Foundation Inc

SHELBY, NC EIN: 56-0769897 Website

Dover Foundation Inc is a private foundation based in Shelby, North Carolina, established in 1945 and granted tax-exempt status in December 1945. The foundation operates as a 501(c)(3) organization with the primary mission of supporting education, community development, and providing scholarships to enhance lives in the communities where it operates.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21.3M

+6.6% YoY

Annual Giving

$1.1M

+15.2% YoY

Grant Count

61

-4.7% YoY

Avg Grant Size

$18K

+20.9% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Dover Foundation's mission is to assist companies and their employees in becoming active members of the communities in which they operate. The foundation accomplishes this by supporting not-for-profit organizations, causes, and projects that benefit the community and environment, while complementing business interests. Additionally, the foundation provides educational scholarship opportunities for children of employees.

The foundation does not make contributions to religious organizations for religious purposes, political activities, non-qualified military veteran organizations, fraternal orders, labor groups, loans of any kind, or for trips, tours, dinners, tickets, or advertising. The foundation also does not donate equipment or products.

Primary funding areas include education, philanthropy, voluntarism and grantmaking, and human services.

Grantmaking

The foundation maintains active grant opportunities and accepts applications from qualified organizations.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in North Carolina, South Carolina, and Pennsylvania.

Grant Distribution by State

7states

Cities

AndersonAshevilleBatan RougeBelmontBlack MountainBoiling SpringsBoling SpringsBooneChapel HillCharlotteColumbiaCullowheeDurhamEarlFallstonGainsvilleGastoniaGroverKings MountainKingston

Financial History

Multi-year comparison from IRS filings

As of December 31, 2024:

  • Total assets: $21,297,049
  • Total revenues: $691,824
  • Total expenses: $1,372,371
  • Investment income and dividends: $617,638
  • Net gain from sale of non-inventory assets: $74,186

Staffing: 0 employees listed on tax filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$385K$769K$1M$2M20202021202220232024
Metric202420232022
Total Assets$21,297,049$19,971,095$18,065,183
Revenue$691,824$996,552$313,764
Expenses$1,372,371$1,196,835$1,107,826
Qualifying Distributions$1,149,215$1,007,106$916,064
Net Investment Income$562,321$886,246$374,647
Distributable Amount$1,016,119$920,450$961,028

Giving Over Time

Total grant dollars and number of grants per year

$0$268K$536K$803K$1M47 grants202054 grants202155 grants202264 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Cleveland Co Family YMCA$151KSalvation Army$70KNCBM Shelby Mission Camp$60KGardner-Webb University$47KTurning Point Academy$40KBoys Girls Club of Cleve…$40KChildren's Homes of Clev…$40KUNC Chapel Hill$40KCleveland Co Rescue Miss…$30KMt Calvary Baptist Church$30K

Grant Size Distribution

247 grants across all recorded years

225<$50K19$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Dover Foundation Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Amanda T. Gragg, Executive Director

Compensation Overview

From 2024 IRS filing

Kathleen H WilsonPresident$4KJustin MerrittDirector$4KCharles HamrickTreasurer$4KMary RaudezDirector$4KCynthia BuckinghamDirector$4KDr Katie BordersSecretary$4KLinton SuttleDirector$4K

From 2024 filing

NameTitleHoursCompensation
Kathleen H WilsonPresident1$4,300
Justin MerrittDirector1$4,300
Charles HamrickTreasurer1$4,300
Mary RaudezDirector1$4,300
Cynthia BuckinghamDirector1$4,300
Linton SuttleDirector1$4,000
Dr Katie BordersSecretary1$4,300

Recent News & Activity

Recent developments and announcements

The Dover Foundation announced updated grant application deadlines, indicating ongoing engagement with the grantmaking community and regular review of its application processes.

Dover Foundation announces updated grant application deadlines

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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