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The Community Foundation

Foundation · Grantmaker Asheville, NC EIN: 56-1223384 Website

The Community Foundation of Western North Carolina is an Asheville-based nonprofit established in 1978. It works with individuals, families and corporations to create and manage charitable funds, and makes grants to nonprofits and public agencies serving Western North Carolina’s 18 counties and the Qualla Boundary.

Key facts about The Community Foundation

In short: The Community Foundation gave $59.4M across 793 grants in 2025 (avg $75K), mostly in North Carolina. 45% of 2025 grantees were new. Source: 2025 IRS Form 990.

EIN
56-1223384
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$59,393,771
Grants made (2025)
793
Average grant
$74,898
Median grant
$25,000
New grantees (estimate)
45% first-time grantees (355 of 791, 2025)
Total assets
$481,026,894
Primary geography
North Carolina (93% of itemized 2025 grant dollars)
How to apply
Review the description for the relevant grant program before starting an application. Full details ↓

Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$481.0M

+10.6% YoY

Annual Giving

$59.4M

+235.2% YoY

Grant Count

793

+54.3% YoY

Avg Grant Size

$75K

+117.3% YoY

Is The Community Foundation open to new grantees?

45%

first-time grantees, 2025

In 2025, 355 of 791 grantees (45%) were first-time recipients. First grants averaged $66K; repeat grants $82K. How we count

Medians: $25K first-time, $31K repeat.

  • 42% of 2025 grantees were also funded in 2024. Method
  • Giving grew 213% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

The Foundation’s mission is to “inspire philanthropy and mobilize resources to enrich lives and communities throughout the region.” It focuses discretionary resources on Cultural Resources, Education, Human Services and Natural Resources. Its stated Human Services goal is to help everyone in Western North Carolina meet their basic needs.

Eligible recipients vary by program and include 501(c)(3) organizations, public agencies and, for Human Services grants, faith communities. The Foundation’s 2025 grants included support for organizations working in food access, religion, housing, entrepreneurship, education, conservation, legal assistance, health and the arts. For example, MANNA FoodBank describes its mission as working to end hunger in Western North Carolina; Mountain BizWorks says it aims to build a vibrant and inclusive entrepreneurial community; and Pisgah Legal Services says it pursues justice for low-income people through legal assistance and advocacy.

Grantmaking

In filing year 2025, the Foundation reported 793 grants totaling $59,393,771. Awards ranged from $5,240 to $3,940,967, with a median grant of $25,000. Separately, the Foundation reports that it distributed $69 million in Fiscal Year 2025 to hundreds of nonprofit organizations in the region and beyond.

Review Cycle

vary by program.

Open Grants

31 open opportunities from The Community Foundation

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Geographic Focus

Where this funder awards grants

The Foundation’s stated service area is 18 Western North Carolina counties—Avery, Buncombe, Burke, Cherokee, Clay, Graham, Haywood, Henderson, Jackson, Macon, Madison, McDowell, Mitchell, Polk, Rutherford, Swain, Transylvania and Yancey—and the Qualla Boundary. Its 2025 grant dollars went primarily to North Carolina recipients (93%); the listed other recipient states were Georgia, Virginia, Tennessee and Minnesota, each at 1%.

Grant Distribution by State

38states

Share of all 793 itemized 2025 grant dollars.

Cities

AshevilleHendersonvilleHighlandsCashiersWaynesvilleBurnsvilleRaleighBrevardMarshallMorgantonSpruce PineCandlerWashingtonMarionSylvaBooneForest CityAtlantaNew YorkBryson City

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M410 grants2021513 grants2022531 grants2023514 grants2024793 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Manna Foodbank: $3.9MManna Foodbank$3.9MNorth Carolina Synod: $2.0MNorth Carolina Synod$2.0MAsheville Area Habitat for Humanity International Inc: $2.0MAsheville Area Habitat forHumanity International Inc$2.0MAsheville-Buncombe Community Christian Ministry (Abccm): $2.0MAsheville-Buncombe CommunityChristian Ministry (Abccm)$2.0MNorth Carolina Baptist Men: $1.5MNorth Carolina Baptist Men$1.5MMountain Bizworks (Mountain Bizcapital Inc): $1.2MMountain Bizworks (MountainBizcapital Inc)$1.2MWestern North Carolina Regional Education Foundation (Wresa): $1.1MWestern North CarolinaRegional Education Foundation…$1.1MGeorgia Tech Foundation: $750KGeorgia Tech Foundation$750KSouthern Appalachian Highlands Conservancy: $714KSouthern Appalachian HighlandsConservancy$714KPisgah Legal Services: $646KPisgah Legal Services$646K

Grant Size Distribution

2,761 grants across all recorded years

2140<$50K351$50–100K193$100–250K54$250–500K14$500K–1M9$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
MANNA FOODBANK Mills River, NCASSISTING PEOPLE IN NEED$3,940,967
NORTH CAROLINA SYNOD Salisbury, NCRELIGION$2,025,000
ASHEVILLE AREA HABITAT FOR HUMANITY INTERNATIONAL INC Asheville, NCBUILDING COMMUNITY & ECONOMIC VITALITY$2,021,538
ASHEVILLE-BUNCOMBE COMMUNITY CHRISTIAN MINISTRY (ABCCM) Arden, NCASSISTING PEOPLE IN NEED$1,974,905
NORTH CAROLINA BAPTIST MEN Cary, NCRELIGION$1,525,000
MOUNTAIN BIZWORKS (MOUNTAIN BIZCAPITAL INC) Asheville, NCBUILDING COMMUNITY & ECONOMIC VITALITY$1,151,250
WESTERN NORTH CAROLINA REGIONAL EDUCATION FOUNDATION (WRESA) Asheville, NCIMPROVING EDUCATIONAL OPPORTUNITIES$1,059,800
GEORGIA TECH FOUNDATION Atlanta, GAIMPROVING EDUCATIONAL OPPORTUNITIES$750,000
SOUTHERN APPALACHIAN HIGHLANDS CONSERVANCY Asheville, NCENHANCING THE ENVIRONMENT$714,320
PISGAH LEGAL SERVICES Asheville, NCASSISTING PEOPLE IN NEED$646,034

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum
2025 $481,026,894 $87,667,848 $67,270,337 $59,393,771
2024 $434,889,192 $25,935,032 $24,774,631 $17,719,393
2023 $407,823,068 $31,983,295 $25,282,173 $18,520,213

The Foundation reported $510.6 million in assets as of March 2026. Its filing type is 990T.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25M$50M$75M$100M20212022202320242025
Metric202520242023
Total Assets$481,026,894$434,889,192$407,823,068
Revenue$87,667,848$25,935,032$31,983,295
Expenses$67,270,337$24,774,631$25,282,173
Qualifying Distributions———
Net Investment Income$16,131,557$10,748,840$8,393,675
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Elizabeth K. Brazas as president and Juanita Wilson, Harris M. Livingstain, Sharon Fouts Taylor, Michael Fields, Natalie N. Bailey, Scott Peterson, Ellen O. Carr, Milton Butterworth and J. Chris Smith as directors. The Foundation’s grant information identifies Tara Scholtz as Vice President, Programs, and Diane Crisp as Senior Grants Manager.

The Community Foundation is led by Elizabeth K. Brazas, President on every filing since 2021; 8 of 28 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Elizabeth K. Brazas

    President

    On filings since 2021

    40 hrs/week

    $265K (2021) → $344K (2025)

  • Joanne Badr

    Chair

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Ellen O. Carr

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jean McLaughlin

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Juanita Wilson

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Michael Fields

    Director

    Secretary → Director, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Natalie N. Bailey

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Himanshu Karvir

    Director

    Treasurer → Director, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

  • Sharon Fouts Taylor

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Yolanda Fair

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Carter B. Webb

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Harris M. Livingstain

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Carla Barnard

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Constance M. Haire

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • J. Chris Smith

    Director

    Chairperson → Director, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Milton Butterworth

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Lynn M. Wilson

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Matthew T. Lee

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Scott Peterson

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Graham Keever

    Assistant Treasurer

    Chief Financial Officer → Assistant Treasurer, 2025

    On filings since 2021

    40 hrs/week

    $165K (2021) → $231K (2025)

  • Janet Sharp

    Assistant Treasurer

    Staff Accountant & Assistant → Staff Accountant, 2022

    Staff Accountant → Assistant Treasurer, 2025

    On filings since 2021

    40 hrs/week

    $67K (2021) → $94K (2025)

  • Julie D. Klipp

    Assistant Secretary

    Assistant Secretary → Chief Operating Officer, 2022

    Chief Operating Officer → Assistant Secretary, 2025

    On filings since 2021

    40 hrs/week

    $127K (2021) → $164K (2025)

  • Naomi Davis

    Assistant Treasurer

    Accounting Associate & Assistant → Finance & Hr Officer, 2022

    Finance & Hr Officer → Assistant Treasurer, 2025

    On filings since 2021

    40 hrs/week

    $70K (2021) → $98K (2025)

  • Philip P. Belcher

    Vice President Programs

    On filings since 2021

    40 hrs/week

    $131K (2021) → $158K (2025)

  • Laura Herndon

    Vice President & Development

    New on the 2025 filing

    40 hrs/week

    $130K (2025)

  • Melissa Crouse

    Assistant Treasurer

    New on the 2025 filing

    40 hrs/week

    $54K (2025)

  • Francisco Castelblanco

    Vice Chair & Secretary

    Director → Vice Chair & Secretary, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Heather P. Norton

    Treasurer

    Director → Treasurer, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (14)
  • Former: Caroline M. Avery (2021–2024) — Director
  • Former: Joanne Badr Morgan (2021–2024) — Vice Chairperson
  • Former: Scott Shealy (2021–2024) — Director
  • Former: Virgina L. Dollar (2021–2024) — Assistant Secretary
  • Former: Laura Herndon-Key Employee (2022–2024) — Vice President & Development
  • Former: Connie Haire (2021–2023) — Director
  • Former: J. Chris Smtih (2021–2023) — Chairperson
  • Former: Susan Jenkins (2021–2023) — Director
  • Former: William Clarke (2021–2023) — Director
  • Former: Sarah Sparboe Thornburg (2021–2022) — Chairperson
  • Former: Stephanie Norris Kiser (2021–2022) — Director
  • Former: Charles Frederick (2021) — Treasurer
  • Former: Guadalupe Chavarria II (2021) — Director
  • Former: Sheryl L. Aikman (2021) — Former Vice President of Development & Assistant

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Elizabeth K Brazas — President: $344KElizabeth K BrazasPresident$344KGraham Keever — Assistant Treasurer: $231KGraham KeeverAssistant Treasurer$231KJulie D Klipp — Assistant Secretary: $164KJulie D KlippAssistant Secretary$164KPhilip P Belcher — Vice President Programs: $158KPhilip P BelcherVice President Programs$158KLaura Herndon — Vice President, Developmen: $130KLaura HerndonVice President, Developmen$130KNaomi Davis — Assistant Treasurer: $98KNaomi DavisAssistant Treasurer$98KJanet Sharp — Assistant Treasurer: $94KJanet SharpAssistant Treasurer$94KMelissa Crouse — Assistant Treasurer: $54KMelissa CrouseAssistant Treasurer$54K

Contact

Mailing address: 4 Vanderbilt Park Drive Suite 300, Asheville, NC 28803
Phone: (828) 254-4960
Website: https://cfwnc.org

Frequently asked questions about The Community Foundation

How much does The Community Foundation give each year?

The Community Foundation gave $59.4M across 793 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $17.7M across 514 grants.

What is The Community Foundation's typical grant size?

The Community Foundation's median grant in 2025 was $25,000, and its average grant was $74,898, across 793 grants on its 2025 IRS Form 990. Organizations receiving their first grant from The Community Foundation that year got $66K on average.

Where does The Community Foundation give grants?

The Community Foundation gives mostly in North Carolina: 93% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Asheville, NC (191 grants), Hendersonville, NC (37 grants), Burnsville, NC (24 grants) and Brevard, NC (21 grants).

Does The Community Foundation give general operating support?

Not in 2025: none of the 793 grants with a stated purpose on The Community Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Assisting People in Need" (208 grants), "Building Community & Economic Vitality" (138 grants) and "Improving Educational Opportunities" (130 grants).

Who are The Community Foundation's largest grantees?

The Community Foundation's largest 2025 grantees include Manna Foodbank ($3,940,967), North Carolina Synod ($2,025,000) and Asheville Area Habitat for Humanity International Inc ($2,021,538), according to its 2025 IRS Form 990. Together they received 13% of its itemized 2025 grant dollars.

How large is The Community Foundation?

The Community Foundation reported $481.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $87.7M.

What does The Community Foundation fund?

The Foundation’s mission is to “inspire philanthropy and mobilize resources to enrich lives and communities throughout the region.” It focuses discretionary resources on Cultural Resources, Education, Human Services and Natural Resources. Its stated Human Services goal is to help everyone in Western North Carolina meet their basic needs. Eligible recipients vary by program and include 501(c)(3) organizations, public agencies and, for Human Services grants, faith communities. The Foundation’s 20…

How do I apply for a grant from The Community Foundation?

Review the description for the relevant grant program before starting an application. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Community Foundation's EIN?

The Community Foundation's EIN (Employer Identification Number) is 56-1223384. IRS Form 990 filing data is available on this page for 2021–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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