High Point Community Foundation

High Point, North Carolina - EIN 56-1695787 - 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 13, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 13, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

High Point Community Foundation reported $28,891,747 in revenue and $8,877,094 in expenses in fiscal 2025, a surplus of $20,014,653 for the year. Program services took $7,556,914 of expenses, or 85.1%. The organization closed the year with $124,883,786 in net assets - about 168.8 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 REVENUE - FISCAL 2025
$28,891,747

Up 2298.6% from $1,204,514 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$8,877,094

Revenue minus expenses: $20,014,653 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
85.1%

$7,556,914 of $8,877,094 went to program services.

NET ASSETS - END OF FISCAL 2025
$124,883,786

Total assets $131,145,352 minus total liabilities $6,261,566.

TOP EXECUTIVE PAY - FISCAL 2025
$208,731

Paul Lessard, President, as reported on the fiscal-2025 Form 990, filed May 13, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
5 Employees

Plus 0 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 13, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2025

Program Services$7,556,914 (85.1%)
Fundraising$399,476 (4.5%)
Management and General$920,704 (10.4%)

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: $0.03 - $399,476 in fundraising expenses divided by $12,155,559 in total contributions. On cash contributions only: $0.05.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$12,155,559
Of Which Cash Contributions$7,908,180
Of Which Donated Goods (Noncash)$4,247,379
All Other Contributions$12,155,559
Program Service Revenue$0
Investment Income$16,712,382
Other Revenue$23,806
Total Revenue (All Sources)$28,891,747
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.

Donated Goods Are a Large Share Here

For this organization, donated goods were $4,247,379 of $12,155,559 in contributions in fiscal 2025 - a large share of reported contributions is goods valued in dollars, not cash. The cash and noncash split is shown above, and any cost-to-raise-a-dollar figure is shown both ways.

Reserves and Balance Sheet - Fiscal 2025

Reserves and Runway

168.8 Months

of reserves - $124,883,786 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $739,757 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$131,145,352
Total Liabilities$6,261,566
Liabilities as Share of Assets4.8%
Net Assets$124,883,786

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 13, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Paul Lessard - President$208,7312.35%
Karol Murks - Chief Financial Officer$117,1511.32%

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 13, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

21 voting members, 21 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Paul LessardPresident
Karol MurksChief Financial Officer
Barry SafritChair
John BenciniPast Chair
William LaneyVice-Chair
Amber WilliamsonTrustee
Angela KrienbrinkTrustee
David CovingtonTrustee
Dawn SpencerTrustee
Joe BlosserTrustee
John ThomasTrustee
Mark NelsonSecretary/Treasurer
Rachel Moss-CollinsTrustee
Raven JeffersonTrustee
Robin LindsayTrustee
Rufus YatesTrustee
Stephanie YoungTrustee
Tasha Logan FordTrustee
Teresa HuffmanTrustee
Tim IldertonTrustee
Zach BarnesTrustee

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 Independence21 voting / 21 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 $7,365,860 in grants paid in fiscal 2025.

Recipient, as ReportedAmount
Out of the Garden Project
Produce Pantry Partners
$11,000
Community Housing Solutions of Guilford Inc
Critical Home Repairs
$35,078
Helping Hands High Point
Resources for Families in Need
$31,500
United Way of Greater High Point
Food BackPack Program
$6,188
Second Harvest Food Bank of NW NC
Community Meals in High Point
$23,813
YMCA of High Point
Y readers summer learning loss prevention program
$26,687
Children's Law Center of Central NC
providing a voice for children
$23,638
BackPack Beginnings
Community distribution of basic resources for High Point children & families
$29,540
A Simple Gesture
Wholesome community building meals for families
$22,437
West End Ministries
winter shelter for homeless women
$22,125
Boys & Girls Clubs of Greater High Point
after school homework assistance
$29,062
Greater High Point Food Alliance
reducing food access barriers
$9,985
Diaper Bank of North Carolina
expanding hygiene access in greater High Point
$28,875
Big Brothers Big Sisters of the Central Piedmont
mentoring High Point youth
$18,438
Reading Connections
helping adults to read in High Point
$31,000
Communities in Schools of Thomasville
strengthening student support through program leadership
$17,500
Learn to Swim
second grade swim program
$27,812
Emmanuel Senior Enrichment Center
relocation of adult day services program to better serve the community
$27,675
Family Room Foster Care Resource Center
capacity building campaign
$30,266
Oakwood Community Development Corporation
community day center
$28,875
High Point Community Against Violence
focus on elementary age children to address domestic violence
$18,628
Growing the Distance
kindergarten readiness program
$19,763
High Point Arts Council
creative neighborhood artist residency
$20,115

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing)$1,204,514-
Fiscal 2025$28,891,747+2298.6%

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 PeriodFormStatusSource
Jul 1, 2024 - Jun 30, 2025Form 990In Force - Filed May 13, 2026Original 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.

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