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CHARLOTTE, NC

C D Spangler Foundation Inc.

Quick Facts

EIN
566061548
Location
CHARLOTTE, NC
Category
Philanthropy & Grantmaking
Total Assets
$637.6M
Annual Income
$152M
IRS Ruling Year
1960

About This Foundation

C D Spangler Foundation Inc. is a private foundation based in CHARLOTTE, NC. The foundation received its IRS ruling in 1960. It holds total assets of $637.6M. Annual income is reported at $152M. The foundation operates in the area of philanthropy & grantmaking.

View 990 Filings

Financial Overview

Total Giving

$25.3M

2023-2%

Total Assets

$525.1M

2023+12%

Fair Market Value

$525.1M

2023

Net Worth

$522.3M

2023

Grants Paid

$24.5M

2023

Contributions

$30.4M

2023

Net Investment Income

$54.1M

2023

Distribution Amount

$23.1M

2023

Total Giving by Year

$11.9M
11
$3.3M
12
$2.5M
13
$3.3M
14
$4.5M
15
$20.7M
19
$18.2M
20
$19.3M
21
$25.9M
22
$25.3M
23

Asset Growth

$58.1M
11
$90.4M
12
$110.7M
13
$135.3M
14
$128M
15
$422.5M
19
$449.5M
20
$547.8M
21
$467.2M
22
$525.1M
23

Investment Portfolio (2023)

Total: $399M

Corporate Stock: $399M
Other Investments: $70K
Cash: $3.9M
Corporate Stock (99%)
Other Investments (0%)
Cash (1%)

Expense Breakdown (2023)

Grants Paid$24.5M
Accounting Fees$9K

Revenue Sources (2023)

Capital Gains (Net)
$39.4M
Contributions
$30.4M
Dividends
$9.8M
Interest
$4.9M

Financial Details (2023)

Total Revenue
$84.5M
Total Expenses
$25.3M
Exempt Purpose Expenses
$24.5M
Required Distribution
$23.1M
Undistributed Income
$22.2M
Total Liabilities
$2.7M
Excise Tax
$753K
Tax Due
$361K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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