TOTAL REVENUE - FISCAL 2025
$20,540,631
Up 2.9% from $19,963,739 in fiscal 2024.
Community Foundation Of Henderson
Hendersonville, North Carolina - EIN 56-1330792 - Latest filing: fiscal 2025 (Jul 1, 2024 - Jun 30, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Community Foundation Of Henderson reported $20,540,631 in revenue and $10,910,189 in expenses in fiscal 2025, a surplus of $9,630,442 for the year. Program services took $9,969,302 of expenses, or 91.4%. The organization closed the year with $166,630,738 in net assets - about 183.3 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$10,910,189
Revenue minus expenses: $9,630,442 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
91.4%
$9,969,302 of $10,910,189 went to program services.
NET ASSETS - END OF FISCAL 2025
$166,630,738
Total assets $168,191,298 minus total liabilities $1,560,560.
TOP EXECUTIVE PAY - FISCAL 2025
$245,237
McCray V Benson, President/ce, as reported on the fiscal-2025 Form 990, filed May 15, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
10 Employees
Plus 72 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 15, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.01 - $174,532 in fundraising expenses divided by $12,243,071 in total contributions. On cash contributions only: $0.02.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $12,243,071 |
| Of Which Cash Contributions | $9,415,170 |
| Of Which Donated Goods (Noncash) | $2,827,901 |
| All Other Contributions | $12,243,071 |
| Program Service Revenue | $38,604 |
| Investment Income | $8,379,824 |
| Other Revenue | -$120,868 |
| Total Revenue (All Sources) | $20,540,631 |
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
183.3 Months
of reserves - $166,630,738 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $909,182 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $168,191,298 |
| Total Liabilities | $1,560,560 |
| Liabilities as Share of Assets | 0.9% |
| Net Assets | $166,630,738 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| McCray V Benson - President/ce | $245,237 | 2.25% |
| Rachel W Buchanan - CFO | $133,611 | 1.22% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed May 15, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
19 voting members, 19 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| McCray V Benson | President/ce |
| Rachel W Buchanan | CFO |
| Ruth Birge | Chair |
| Bill Hale | Vice Chair |
| Tim Kriegel | Treasurer |
| Dora Katsadouros | Secretary |
| Stan Duncan | Past Chair |
| Ken Adams | Director |
| Jimmy Chandler | Director |
| Steven Dozier | Director |
| Anderson Ellis | Director |
| Julia Fawcett | Director |
| Eric Gash | Director |
| Matt Henry | Director |
| Jan King | Director |
| Renee Kumar | Director |
| Bryce Malsbary | Director |
| Carolina McCready | Director |
| Lutrelle O'Cain | Director |
| Penny Summey | Director |
| Kevin Young | Director |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence19 voting / 19 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $9,231,790 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Fiscal Sponsorship Allies Inc | $9,550 |
| Rutherford Railroad Development Cor | $286,016 |
| 826 Boston | $10,000 |
| Adventhealth Hendersonville Foundat | $110,627 |
| American Civil Liberties Union Of K | $5,500 |
| Art League Of Henderson County | $12,788 |
| Arthritis Foundation Inc | $5,307 |
| Arts Council Of Henderson County | $38,051 |
| Asheville Art Museum | $16,826 |
| Aspca | $11,650 |
| Aura Home Women Vets | $10,000 |
| Babies Need Bottoms | $20,000 |
| Big Brothers Big Sisters Of Western | $13,000 |
| Black Mountain Home For Children Y | $10,137 |
| Blue Ridge Broadcasting Corporation | $8,500 |
| Blue Ridge Community College Educat | $17,036 |
| Blue Ridge Community Health Service | $5,081 |
| Blue Ridge Community Health Service | $22,453 |
| Blue Ridge Humane Society | $161,726 |
| Boys And Girls Club Of Henderson Co | $367,066 |
| Boys And Girls Club Of Transylvania | $20,000 |
| Bullington Gardens Inc | $19,273 |
| Camplify Inc | $14,756 |
| Caregivers Of Mother Earth | $50,268 |
| Carolina Village | $25,657 |
| Champions For Wildlife | $15,000 |
| Children & Family Resource Center O | $194,331 |
| Clemson University Foundation | $500,000 |
| Conserving Carolina | $60,278 |
| Cornell Lab Of Ornithology | $10,900 |
| Crossnore Communities For Children | $45,500 |
| Eagle Market Streets Development Co | $25,000 |
| Environmental Defense Fund Inc | $15,348 |
| Fellowship Of Christian Athletes | $11,500 |
| First Contact Drug Addiction Minist | $24,732 |
| Flat Rock Playhouse | $133,637 |
| Flying Cloud Institute | $6,000 |
| Food Connection | $15,000 |
| Four Seasons Compassion For Life Fo | $27,475 |
| Friends Of Carl Sandburg At Connema | $5,046 |
| Friends Of Ecusta Trail | $13,000 |
| Friends Of Henderson County Public | $92,158 |
| Hands On Children'S Museum | $25,000 |
| Helpmate Inc | $25,000 |
| Henderson County & Thermal Belt Hab | $110,186 |
| Henderson County Council On Aging | $86,992 |
| Henderson County Education Foundati | $352,463 |
| Henderson County Foster Parent Asso | $29,943 |
| Henderson County Free Medical Clini | $27,152 |
| Henderson County Genealogical & His | $7,582 |
| Hendersonville Center For The Arts | $32,855 |
| Hendersonville Community Band | $5,200 |
| Hendersonville High School Alumni A | $5,461 |
| Hendersonville Kiwanis Club Foundat | $5,872 |
| Hendersonville Lions Club Foundatio | $5,650 |
| Hendersonville Symphony Orchestra | $44,300 |
| Hendersonville Theatre | $25,000 |
| Historic Johnson Farm Foundation I | $6,935 |
| Hola Carolina | $25,000 |
| Hope Coalition - Hendersonville | $58,000 |
| Housing Assistance Corporation | $85,044 |
| Interfaith Assistance Ministry | $55,250 |
| Iptay | $100,000 |
| Irene Wortham Center Freezer For | $15,000 |
| Jewish Community Center Of Ashevill | $15,000 |
| Jewish Family Services Of Wnc Inc | $24,000 |
| Jewish Interest Free Loan Of Atlant | $10,000 |
| Kentucky Health Justice Network Inc | $7,500 |
| Latino Advocacy Coalition | $22,000 |
| Literacy Connection | $54,233 |
| Love And Respect Community For Reco | $69,150 |
| Manna Food Bank | $7,250 |
| Medical Loan Closet Of Henderson Co | $26,000 |
| Ministry Seven Dba Hendersonville | $181,697 |
| Mountaintrue | $182,618 |
| My Fathers Storehouse | $71,700 |
| National Alliance For Researchschi | $16,187 |
| National Audubon Society | $10,650 |
| Nechama-Jewish Response To Disaster | $25,000 |
| North Carolina Synod Of The Evangel | $25,000 |
| Only Hope Wnc Inc | $22,500 |
| Pardee Hospital Foundation Inc | $515,597 |
| Perkiomen School | $10,650 |
| Peta | $10,650 |
| Pisgah Legal Services | $188,068 |
| Project Dignity Of Western North Ca | $11,200 |
| Red Cloud Indian School | $10,650 |
| Riverlink | $22,859 |
| Safelight Inc | $104,933 |
| Saluda Community Land Trust Inc | $27,000 |
| Salvation Army Of Henderson County | $305,815 |
| Samaritan'S Purse | $5,100 |
| Scripture Awakening Inc | $10,000 |
| Shriners Hospitals For Children | $19,129 |
| Sierra Club Foundation | $13,275 |
| Sixth Ave Psychiatric And Rehab Pa | $56,723 |
| Smart Start Of Henderson County In | $6,000 |
| Southern Poverty Law Center Inc | $5,462 |
| Speak Life Community Church | $9,460 |
| St John In The Wilderness | $7,787 |
| St Gerard House | $20,000 |
| St Joseph'S Indian School | $10,650 |
| St Jude Children'S Research Hospit | $10,908 |
| St Labre Indian School | $10,650 |
| Team Ecco Inc | $6,000 |
| Texas Women'S University Foundation | $7,500 |
| The Episcopal Church Of The Transfi | $11,000 |
| The Haven Of Transylvania County | $20,234 |
| The Hope Center | $41,863 |
| The Mediation Center Asheville Off | $12,500 |
| The Mission On The Mountain | $59,307 |
| The North Carolina Arboretum Societ | $15,600 |
| The Peregrine Fund Inc | $11,000 |
| The Tryon Garden Club Inc | $57,000 |
| Transylvania Vocational Services | $6,000 |
| True Ridge Foundation | $104,500 |
| United Way Of Henderson County | $95,012 |
| University Of Minnesota Foundation | $10,650 |
| Veterans Healing Farm | $407,853 |
| Wake Forest Baptist Medical Center | $17,576 |
| Waypoint Adventure | $12,781 |
| Will And Deni McIntyre Foundation | $50,000 |
| Wnc Air Museum | $35,000 |
| Wncsource | $68,278 |
| World Wildlife Fund Inc | $10,650 |
| YMCA Of Western North Carolina | $22,500 |
| Youth For Christ | $8,000 |
| Agudas Israel Congregation | $12,355 |
| All Saints Anglican Church | $6,155 |
| Bat Cave Baptist Church | $11,303 |
| Biltmore Church | $20,000 |
| Chimney Rock Baptist Church | $10,000 |
| Fairfield Mountain Chapel | $35,000 |
| First Baptist Church | $27,459 |
| First Congregational Church | $33,632 |
| First Congregational United Church | $5,669 |
| First United Methodist Church Of He | $45,157 |
| Fletcher United Methodist Church | $11,800 |
| Franklin Church Of Christ | $7,000 |
| Hendersonville Church Of Christ | $14,500 |
| Hendersonville Presbyterian Church | $31,216 |
| Immaculate Conception Church | $8,584 |
| Middlefork Baptist Church | $5,471 |
| Mills River United Methodist Church | $12,100 |
| Saint James Episcopal Church | $175,899 |
| St Paul'S Episcopal Church | $8,214 |
| Trinity Presbyterian Church | $21,000 |
| Unitarian Universalist Fellowship | $8,000 |
| Advanced Dermatology And Skin Surge | $8,000 |
| Asheville Thermoform Plastics Inc | $10,000 |
| Barkers Anonymous Boutique And Trai | $9,000 |
| Bay Breeze Seafood Restaurant | $6,000 |
| Bearwallow Valley Farm | $6,000 |
| Camp Matters LLC | $6,000 |
| Capstone Lifestyle Inc | $8,000 |
| Coston Farms LLC | $6,000 |
| Dave Anders Enterprises Inc | $6,000 |
| Fieler Automotive Inc | $10,000 |
| Hendersonville Pediatrics Pa | $6,500 |
| Hillcrest Orchard LLC | $10,000 |
| Max'S Zoo LLC | $8,000 |
| Mind Your Business LLC | $8,000 |
| Robert Stine | $9,071 |
| Sterlingmcmurray Inc | $10,000 |
| The Baker'S Box LLC | $6,000 |
| Valiant Fabrics Corp | $6,000 |
| County Of Rutherford | $170,000 |
| Fletcher Recreation Park Inc | $10,000 |
| Henderson County Public Library | $32,591 |
| Henderson County Public Schools | $121,667 |
| Village Of Chimney Rock | $12,194 |
| Fletcher Academy | $11,488 |
| The Mountain Community School | $16,050 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $19,963,739 | - |
| Fiscal 2025 | $20,540,631 | +2.9% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jul 1, 2024 - Jun 30, 2025 | Form 990 | In Force - Filed May 15, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.