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Southminster Inc

CHARLOTTE, NC EIN: 56-1443222 Website

AT SOUTHMINSTER, OUR MISSION IS TO EMBRACE COMMUNITY, CARING AND COLLABORATION TO ENRICH THE LIVES OF THOSE WE SERVE. WE ARE SOUTHMINSTER.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$243.8M

-2.0% YoY

Annual Giving

$596K

-3.9% YoY

Grant Count

13

+8.3% YoY

Avg Grant Size

$46K

-11.3% YoY

About Southminster Inc

Based on IRS filings

Southminster Inc is a nonprofit organization focused on Human Services, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $243.8M in total assets. In 2024, it awarded 13 grants totaling $596K. Net investment income was $1.5M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

BelmontChapel HillCharlotteCorneliusHuntersvilleRaleigh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15M$30M$44M$59M20202021202220232024
Metric202420232022
Total Assets$243,833,517$248,725,124$251,267,272
Revenue$48,923,977$51,247,846$46,562,509
Expenses$53,758,959$51,277,445$46,616,748
Qualifying Distributions
Net Investment Income$1,475,138$1,456,424$2,652,965
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$192K$385K$577K$769K22 grants202029 grants202114 grants202212 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE SHEPHERD'S CENTER OF…$117KTHE IVEY$100KPOTIONS & PIXELS$83KSUSTAIN CHARLOTTE$70KUNC CHARLOTTE$51KARTS$43KMEMORY & MOVEMENT CENTER…$38KCHARLOTTE MECKLENBURG LI…$27KCHARLOTTE VILLAGE NETWORK$20KQUEENS UNIVERSITY$17K

Grant Size Distribution

90 grants across all recorded years

74<$50K8$50–100K7$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Shepherd's Center of Charlotte ($117,000), The Ivey ($100,000), Potions & Pixels ($83,000).

RecipientPurposeAmount
ALZHEIMER'S ASSOCIATION - WESTERN CAROLINA CHAPTER CHARLOTTE, NCTO PROMOTE RESEARCH FOR THE CURE OF ALZHEIMER'S DISEASE$11,418
ARTS CHARLOTTE, NCSOUTHMINSTER SCHOLAR, SENIOR PROGRAMMING AT THE RETREAT, PROGRAMMING WITH STEAM ACADEMY AT REN WEST, PROGRAMMING FOR GEP, GENERAL OPERATING FUNDS, AND ARTSREACH WITH ADDITIONAL PARTNERS.$42,500
CHARLOTTE MECKLENBURG LIBRARY CHARLOTTE, NCSPONSORSHIP$27,000
CHARLOTTE VILLAGE NETWORK CHARLOTTE, NCCONTINUED SUPPORT$20,000
CHARLOTTE MECKLENBURG POLICE FOUNDATION CHARLOTTE, NCDONATION$10,000
GOOD FELLOWS CLUB INC CHARLOTTE, NCANNUAL CHRISTMAS LUNCHEON SPONSORSHIP$10,000
MEMORY & MOVEMENT CENTER CHARLOTTE CHARLOTTE, NCTO PROVIDE SCHOLARSHIPS$37,500
POTIONS & PIXELS CHARLOTTE, NCAGING & POVERTY SIMULATION DEVELOPMENT$83,000
QUEENS UNIVERSITY CHARLOTTE, NCDONATIONS SUPPORTING FRIENDS OF THE LIBRARY AND ESTATE PLANNERS DAY$17,000
SUSTAIN CHARLOTTE CHARLOTTE, NCFUNDING TO HELP SUPPORT COMMUNITY EDUCATION PROGRAMMING$70,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BEN GILCHRISTPRESIDENT & CEO$477KKENDA LAUGHEYCFO/ASST TREASURER$279KARNOLDO MARQUEZCOO/ASST SEC$208KSTEWART WILEYVP OF MARKETING$178KJOSH NOLANDDIRECTOR OF CAMPUS FACILITIES$150KTERESA LEWISCONTROLLER$145KLISA MCCLELLANVP OF HUMAN RESOURCES$138KTRACY MCGINNISVP OF PHILANTHROPY AND STRAT…$133K

From 2024 filing

NameTitleHoursCompensation
REV ROBIN COIRACHAIR1
CHARLES H CONNER JRVICE CHAIR/TREASURER1
SUSAN R SALVINVICE CHAIR/SECRETARY1
FRANK HORNE JRVICE CHAIR1
SUZANNE G BLEDSOEBOARD MEMBER1
REV LISA SAUNDERSEX OFFICIO1
MARYANN LARGENVICE CHAIR1
ROY L SMART IIIBOARD MEMBER1
GLORIA GIBSONBOARD MEMBER1
EDWARD T HINSON JRBOARD MEMBER1
JACK COOKBOARD MEMBER1
LARRY DAGENHARTBOARD MEMBER1
REV CARRIE VEALEX OFFICIO (2/24-PRESENT)1
BEN GILCHRISTPRESIDENT & CEO39$477,426
KENDA LAUGHEYCFO/ASST TREASURER39$279,069
ARNOLDO MARQUEZCOO/ASST SEC40$207,942
STEWART WILEYVP OF MARKETING40$178,472
TERESA LEWISCONTROLLER40$145,407
LISA MCCLELLANVP OF HUMAN RESOURCES40$138,022
JOSH NOLANDDIRECTOR OF CAMPUS FACILITIES40$150,311
TRACY MCGINNISVP OF PHILANTHROPY AND STRATEGIC INITIATIVES40$133,463

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Southminster Inc?

Southminster Inc is a nonprofit organization focused on Human Services, based in CHARLOTTE, NC. It holds $243.8M in total assets as of 2024.

How large is Southminster Inc?

As of 2024, Southminster Inc holds $243.8M in total assets with $48.9M in annual revenue. It awarded 13 grants totaling $596K in 2024.

Where does Southminster Inc operate?

Southminster Inc has awarded grants in North Carolina.

What size grants does Southminster Inc award?

In 2024, Southminster Inc awarded 13 grants totaling $596K — an average of about $46K per grant, based on its IRS Form 990 filings.

What is Southminster Inc's EIN?

Southminster Inc's EIN (Employer Identification Number) is 56-1443222. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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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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