CUMBERLAND COMMUNITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

CUMBERLAND COMMUNITY FOUNDATION INC

EIN 58-1406831 · Philanthropy, Voluntarism & Grantmaking Foundations (T31Z)

What they do

OUR MISSION is GIVING TOGETHER to ENHANCE THE QUALITY and SPIRIT of COMMUNITY LIFE. OUR VISION is A VIBRANT, INCLUSIVE COMMUNITY THAT PROVIDES SUSTAINABLE OPPORTUNITIES for GENERATIONS. WE BELIEVE IN : 1) TRUSTWORTHY, ACCOUNTABLE STEWARDSHIP of ALL CHARITABLE RESOURCES; 2) THE POWER of COLLECTIVE GIVING to SUPPORT COMMUNITY NEEDS and OPPORTUNITIES; 3) ENGAGING OUR DIVERSE COMMUNITY to IMPROVE THE QUALITY and SPIRIT of COMMUNITY LIFE; 4) BUILDING ENDOWMENTS to SUSTAIN DONOR INTENT and ACHIEVE COMMUNITY CHANGE for THE LONG TERM; and 5) CONTINUOUS IMPROVEMENT to ACHIEVE EXCELLENCE IN ALL ASPECTS of OUR WORK.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $94.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders23 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

62.09%of revenue went to mission work94.7% of expenses · Program services

1.28%of revenue went to fundraising2.0% of expenses

$65.55spent for every $100 of revenueRevenue covered expenses this year.

2.18%of revenue went to management and office costs3.3% of expenses

$13.02in assets for every $1 spent this yearSome assets cannot be spent right away.

66.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$17,480,282

Mission workProgram services$10,853,83762.09% of revenue94.7% of expenses

ManagementOffice and general costs$381,6282.18% of revenue3.3% of expenses

FundraisingAsking for donations$223,6301.28% of revenue2.0% of expenses

Revenue left after expensesReported annual surplus$6,021,18734.45% of revenueShown in gray on the chart

Total expenses$11,459,09565.55% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 94.7% mission · 3.3% management · 2.0% fundraisingTotal expenses: 65.55% of revenue

2023Expense mix: 92.9% mission · 3.9% management · 3.2% fundraisingTotal expenses: 70.23% of revenue

2022Expense mix: 94.1% mission · 3.5% management · 2.4% fundraisingTotal expenses: 64.88% of revenue

2021Expense mix: 92.6% mission · 4.8% management · 2.6% fundraisingTotal expenses: 44.84% of revenue

2020Expense mix: 93.6% mission · 3.9% management · 2.5% fundraisingTotal expenses: 75.63% of revenue

Money in and money out

Revenue$17,480,282

Expenses$11,459,095

Annual surplus $6,021,187 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$10,853,837 · 94.7% of expenses

Management and office costs$381,628 · 3.3% of expenses

Fundraising$223,630 · 2.0% of expenses

See all reported dollar amounts

Revenue$17,480,282

Expenses$11,459,095

Assets$149,241,946

Income$17,480,282

Contributions$11,599,389

Mission work (program services)$10,853,837

Fundraising$223,630

Grants given$33,030,442

Average grant$55,513

Management and general$381,628

Stocks and bonds$130,267,337

Accounting fees$28,500

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (23)

JOHN HEALYBOARD OF DIRECTORS

WILHELMENA H SAPPBOARD OF DIRECTORS

WC POWERSTREASURER

VERA L BELLASST. TREASURER

MELISSA SMITHBOARD OF DIRECTORS

MAX J WEINSTEINBOARD OF DIRECTORS

MARY ANNE BROOKSCHIEF FINANCIAL OFFICER

MARY HOLMESPRESIDENT/CEO

LOCKETT TALLYBOARD OF DIRECTORS

LARRY BASS JRBOARD OF DIRECTORS

KELLY D PURYEARBOARD OF DIRECTORS

JOSEPH VONNEGUTBOARD OF DIRECTORS

BRENDA SPARKSBOARD OF DIRECTORS

JERIAL H BOGANBOARD OF DIRECTORS

JANET M PREWITTASST. TREASURER

JABBAR SURLESBOARD OF DIRECTORS

GAIL A RIDDLEBOARD CHAIR

FRANK R LOPES JRVICE-CHAIR

EMILY K SCHAEFERBOARD OF DIRECTORS

ELIZABETH KEEVERBOARD OF DIRECTORS

CAROL L DICKEYSECRETARY

BRUCE G DANTZLERBOARD OF DIRECTORS

BRIAN PEARCEBOARD OF DIRECTORS

About this charity

Recognized since: January 1980
Location: PO BOX 2345, FAYETTEVILLE, NC 283022345
County: Cumberland
In care of: FRANK R LOPES JR
Primary officer: FRANK R LOPES JR, BOARD CHAIR

How to reach them

WebsiteVisit the charity’s website Emailinfo@cumberlandcf.org Phone(910) 483-4449

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: HAIGH BYRD & LAMBERT LLP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T31Z)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes