Mountain Air Community Fund Inc

BURNSVILLE, NC EIN: 58-2392703

To be the philanthropic voice of Mountain Air by providing financial assistance to 501(c)(3) non-profit organizations that benefit the residents of Yancey County in the areas of health, education, family issues, the environment, econcomic development, and the arts.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$503K

+109.1% YoY

Annual Giving

$241K

+80.5% YoY

Grant Count

18

+28.6% YoY

Avg Grant Size

$13K

+40.4% YoY

About Mountain Air Community Fund Inc

Based on IRS filings

Mountain Air Community Fund Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in BURNSVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $503K in total assets. In 2024, it awarded 18 grants totaling $241K. Net investment income was $50K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

AshevilleBakersvilleBooneBurnsvilleGreenvilleSpruce Pine

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$169K$339K$508K$678K20202021202220232024
Metric202420232022
Total Assets$503,218$240,695$229,291
Revenue$615,995$202,574$174,613
Expenses$313,465$191,170$178,984
Qualifying Distributions
Net Investment Income$50,181$3,043
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$60K$121K$181K$241K0 grants20200 grants20210 grants202214 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Reconciliation House$38KTRACTOR$25KMountain Strong 828$25KDig-In$21KCamp Spring Creek$15KTHRIVE Appalachia$15KChamber of Commerce$15KMountain Heritage High S…$12KFeed a Child$11KPisgah Legal Services$10K

Grant Size Distribution

32 grants across all recorded years

32<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Reconciliation House ($38,000), Tractor ($25,000), Mountain Strong 828 ($25,000).

RecipientPurposeAmount
Reconciliation House Burnsville, NCMini-Split Program$38,000
TRACTOR Burnsville, NCRefrigerator Installation$25,000
Mountain Strong 828 Burnsville, NCHurricane Relief$25,000
Dig-In Burnsville, NCGardens Programs$21,000
Camp Spring Creek Bakersville, NCSupport Teacher Training$15,000
THRIVE Appalachia Burnsville, NCCulinary Entrepreneurship Program$15,000
Chamber of Commerce Burnsville, NCHurricane Relief$15,000
Mountain Heritage High School (FBLA) Burnsville, NCConference Costs$12,000
Feed a Child Burnsville, NCMini-Split for Food Warehousing$10,500
Pisgah Legal Services Burnsville, NCLow Cost Legal Assistance$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Sallie BaileyPresident3
James McCannVice-President3
Diana RichterSecretary1
Suzanne ZapfelTreasurer2
Tom ValoreMember2
Virginia PerryMember2
Jan CadyMember2
Mary Anne SmithMember2
Cathy WilliamsMember1
Nancy HannaMember1
Mark McCreeryMember1
Margie CucklerMember1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mountain Air Community Fund Inc?

Mountain Air Community Fund Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in BURNSVILLE, NC. It holds $503K in total assets as of 2024.

How large is Mountain Air Community Fund Inc?

As of 2024, Mountain Air Community Fund Inc holds $503K in total assets with $616K in annual revenue. It awarded 18 grants totaling $241K in 2024.

Where does Mountain Air Community Fund Inc operate?

Mountain Air Community Fund Inc has awarded grants in North Carolina.

What size grants does Mountain Air Community Fund Inc award?

In 2024, Mountain Air Community Fund Inc awarded 18 grants totaling $241K — an average of about $13K per grant, based on its IRS Form 990 filings.

What is Mountain Air Community Fund Inc's EIN?

Mountain Air Community Fund Inc's EIN (Employer Identification Number) is 58-2392703. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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