ASHEVILLE, NC

Dogwood Health Trust

Quick Facts

EIN: 830590696
Location: ASHEVILLE, NC
Category: Philanthropy & Grantmaking
Total Assets: $2B
Annual Income: $797.1M
IRS Ruling Year: 2019
Organization Type: Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

Dogwood Health Trust is a private corporation based in ASHEVILLE, NC. The foundation received its IRS ruling in 2019. It holds total assets of $2B. Annual income is reported at $797.1M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$106.2M

2023+18%

Total Assets

$1.9B

2023+10%

Fair Market Value

$1.9B

2023

Net Worth

$1.8B

2023

Grants Paid

$89.9M

2023

Contributions

2023

Net Investment Income

$102.2M

2023

Distribution Amount

$91.3M

2023

Total Giving by Year

$7.7M

$44.1M

$120.8M

$90M

$106.2M

Asset Growth

$1B

$1.4B

$1.7B

$1.9B

Investment Portfolio (2023)

Total: $0

Other Investments: $1.8B

Cash: $4.7M

Other Investments (100%)

Cash (0%)

Expense Breakdown (2023)

Grants Paid$89.9M

Pension & Benefits$1.5M

Officer Compensation$1.5M

Occupancy$604K

Interest$524K

Legal Fees$482K

Depreciation$400K

Travel & Conferences$325K

Accounting Fees$207K

Printing & Publications$124K

Revenue Sources (2023)

Other Income: $271.7M
Interest: $152K
Capital Gains (Net): $-6,020,512

Financial Details (2023)

Total Revenue: $265.9M
Total Expenses: $106.2M
Exempt Purpose Expenses: $89.3M
Required Distribution: $91.3M
Undistributed Income: $24.4M
Grants Approved (Future): $27.1M
Total Liabilities: $64.7M
Excise Tax: $1.4M

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$38.7M

Average Grant

$775K

Median Grant

$581K

Grant Range

Min$400K

Max$3M

Median: $581K

Smallest grantLargest grant

Geographic Distribution of Grants

WV: $485K (1)

VA: $420K (1)

NC: $37.8M (48)

NC$37.8M (48)

WV$485K (1)

VA$420K (1)

Past Grantees

Recipient	Location	Amount	Year
The Givens Estates IncTHE FUNDS ARE THE CRITICAL FIRST PIECE OF A PROCESS TO REDEVELOP THE FORMER CLINCHFIELD MILL INTO AFFORDABLE SENIOR HOUSING IN MARION.	Asheville, NC	$3M	2022
Helpmate IncTHIS GRANT WILL SUPPORT HELPMATE WITH CONSTRUCTION COSTS RELATED TO THEIR EMERGENCY SHELTER EXPANSION PROJECT.	Asheville, NC	$3M	2022
County Of TransylvaniaTHIS GRANT WILL SUPPORT TRANSYLVANIA COUNTY IN LEVERAGING AMERICAN RESCUE PLAN ACT (ARPA) FUNDS FOR PLANNING AND INFRASTRUCTURE FOR AFFORDABLE HOUSING AND BUSINESS ATTRACTION AND CREATION.	Brevard, NC	$2M	2022
City Of AshevilleFULLY FUND ARPA PROJECT REQUESTS TO THE CITY OF ASHEVILLE FOR HABITAT FOR HUMANITY, "IMPROVING EQUITY AND RESILIENCY THROUGH AFFORDABLE HOMEOWNERSHIP AND ASHEVILLE BUNCOMBE COMMUNITY CHRISTIAN MINISTRY, "PROVIDING PERMANENT AFFORDABLE SUPPORTIVE HOUSING FOR WOMEN AND CHILDREN AT TRANSFORMATION VILLAGE."	Asheville, NC	$1.6M	2022
County Of SwainCREATING TWO MILE FORCED MAIN SEWER LIFT STATION TO ACCOMMODATE BUILDING DEVELOPMENT IN THE ELA DISTRICT (PHASE I) OF SWAIN COUNTY.	Bryson City, NC	$1.5M	2022
Haywood CountyTHIS GRANT, IN COMBINATION WITH LOCAL RESOURCES, WILL SUPPORT HAYWOOD COUNTY TO FUND 3 DISTINCT PROJECTS WITH PARTNERS WHOM THEY SELECT AND DETERMINE AND WHOSE WORK WILL IMPACT AFFORDABLE HOUSING ACROSS THE COUNTY, WITH A COMPREHENSIVE APPROACH TO COMMUNITY NEEDS AND IN LINE WITH SAFE HARBOR STANDARDS.	Waynesville, NC	$1.1M	2022
Asheville-Buncombe Technical Community College Foundation IncTHIS GRANT WILL SUPPORT ASHEVILLE BUNCOMBE TECHNICAL COMMUNITY COLLEGE AND PROJECT COUNTERBALANCE. FUNDS WILL BE USED TO SUPPORT UNDERSERVED STUDENTS. 2ND PAYMENT	Asheville, NC	$1.1M	2022
Mountain BizworksTHIS GRANT WILL SUPPORT MOUNTAIN BIZCAPITAL, INC. IN PROVIDING TECHNICAL ASSISTANCE AND ACCESS TO CAPITAL FOR LOW-INCOME ENTREPRENEURS WHO ARE UNABLE TO RECEIVE FUNDING FROM TRADITIONAL FINANCIAL INSTITUTIONS DUE TO LACK OF CREDITWORTHINESS.	Asheville, NC	$1.1M	2022
Asheville-Buncombe Technical Community College Foundation IncTHIS GRANT WILL SUPPORT ASHEVILLE BUNCOMBE TECHNICAL COMMUNITY COLLEGE AND PROJECT COUNTERBALANCE. FUNDS WILL BE USED TO SUPPORT UNDERSERVED STUDENTS. 1ST PAYMENT	Asheville, NC	$1.1M	2022
Northwestern Housing EnterprisesTHIS GRANT WOULD HELP NORTHWESTERN HOUSING ENTERPRISES PROVIDE BETTER COURSING CONDITIONS IN YANCEY COUNTY (PARTICULARLY FOR THE LOW-INCOME ELDERLY AND DISABLED), WHICH CURRENTLY CAN BE VERY POOR AND HAVE DELETERIOUS EFFECTS ON RESIDENT HEALTH.	Boone, NC	$1.1M	2022
Mountain Housing OpportunitiesTHE APPLICANT HAS CLARIFIED THE REQUEST TO MEET SAFE HARBOR REQUIREMENTS AND THE AFFORDABLE UNIT MIXTURE WILL NOW INCLUDE 51 HOMES SOLD TO HOUSEHOLDS AT OR BELOW 80% AMI AND 17 HOMES THAT WILL BE UNRESTRICTED.	Asheville, NC	$1M	2022
United Way Of Asheville & Buncombe CountyTHIS GRANT WILL SUPPORT UNITED WAY OF ASHEVILLE & BUNCOMBE COUNTY IN THE OPERATION OF 7 COMMUNITY SCHOOLS AND THE EXPANSION INTO 2 ADDITIONAL SCHOOLS, INCLUDING COMMUNITY SCHOOL COORDINATORS, CONTRACTS WITH PARTNER ORGANIZATIONS PROVIDING SERVICES IN SCHOOLS, HOMEWORK DINERS, AND MANAGING THE EARLY WARNING AND RESPONSE SYSTEM TO TRACK STUDENT WELL-BEING INDICATORS.	Asheville, NC	$975K	2022
Southwestern Child Development Commission IncTHIS GRANT WILL SUPPORT SOUTHWESTERN CHILD DEVELOPMENT COMMISSION IN CONTINUED DESIGN AND OPERATION OF AN APPRENTICESHIP NC PROGRAM FOCUSED ON EARLY CHILDHOOD EDUCATORS.	Webster, NC	$831K	2022
Smart Start Partnership For ChildrenTHIS GRANT WILL SUPPORT SMART START PARTNERSHIP FOR CHILDREN IN LEADING A REGIONAL COHORT OF SMART START LOCAL PARTNERSHIPS AS THEY PLAN AND IMPLEMENT A REGIONAL RESILIENCE PROJECT.	Hendersonville, NC	$794K	2022
The Givens Estates IncGIVENS ESTATES IS AN EXPERIENCED, COMPETENT DEVELOPER OF SENIOR AFFORDABLE HOUSING AND HAVE RESPONDED TO INVITATIONS FROM OUR ORGANIZATION TO EXPAND THEIR SCOPE ACROSS OUR REGION.	Asheville, NC	$750K	2022
Mountain Housing OpportunitiesTHIS PORTION OF THE PROJECT INVESTMENT IS STRUCTURED AS A GRANT TO MAINTAIN THE FINANCIAL HEALTH OF THEIR PROJECT OF CREATING UNITS TO SERVE A GREAT NUMBER OF LOW-INCOME HOUSEHOLDS IN BUNCOMBE COUNTY OUTSIDE OF THE TRADITIONAL 9% LIHTC CYCLE.	Asheville, NC	$665K	2022
Mcdowell Technical Community CollegeTHIS GRANT WILL PROVIDE FUNDS FOR PERSONNEL, SCHOLARSHIPS, CURRICULUM, PROFESSIONAL TO SUPPORT MTCC IN MAKING THE CHILDCARE CENTER ON CAMPUS MORE ROBUST IN TERMS OF CURRICULUM, CAPACITY, AND ABILITY TO IMPACT MTCC ECE STUDENTS LEARNING AND DEVELOPMENT.	Marion, NC	$660K	2022
Housing Assistance CorporationTHE APPLICANT HAS DEVELOPED A REASONABLE SET OF DEVELOPMENT SCENARIOS THAT WILL RESULT IN THE SIGNIFICANT PRODUCTION OF AFFORDABLE RENTAL, FOR-SALE, AND POTENTIALLY SUPPORTIVE HOUSING UNITS AT A SITE PROXIMATE TO HENDERSONVILLE.	Hendersonville, NC	$650K	2022
Montreat CollegeTHIS GRANT WILL SUPPORT MONTREAT COLLEGES CAROLINA CYBER CENTER PROGRAM THAT TARGETS LOW-INCOME, UNEMPLOYED AND UNDEREMPLOYED INDIVIDUALS THROUGHOUT OUR REGION.	Montreat, NC	$628K	2022
North Carolina State UniversityTHIS GRANT WILL SUPPORT NC STATE UNIVERSITY'S EFFORTS TO IMPROVE WESTERN NORTH CAROLINAS ABILITY TO LEARN, WORK, GET HEALTH CARE, EXPAND ECONOMIC DEVELOPMENT AND IMPROVE ITS QUALITY OF LIFE THROUGH THE SIGNIFICANT INCREASE OF ACCESS TO AND ADOPTION OF BROADBAND OF HOMES THROUGHOUT THE REGION.	Raleigh, NC	$628K	2022
Western Carolina UniversityTHE PURPOSE OF THIS GRANT IS TO SUPPORT WCU IN CREATING AND IMPLEMENTING AN ACCELERATED ECE PROGRAM TRACK AND PROVIDING SUPPLEMENTAL SUPPORTS TO STUDENTS IN ORDER TO RECRUIT, RETAIN, AND SCAFFOLD ECE WORKFORCE.	Cullowhee, NC	$623K	2022
The Enola GroupTHIS GRANT WILL GIVE THE ENOLA GROUP FUNDS FOR STAFF, TRAINING MATERIALS AND SUPPLIES, SUPPLEMENTAL PAY FOR PARTICIPATING ECE TEACHERS AND DIRECTORS, AND PAY FOR PARTICIPATING STUDENTS, SUPPORTING THEIR EFFORTS TO RECRUIT AND RETAIN EARLY CHILDHOOD EDUCATORS IN BURKE COUNTY.	Morganton, NC	$618K	2022
Communities In School Of North CarolinaTHIS GRANT WILL SUPPORT COMMUNITIES IN SCHOOLS OF NORTH CAROLINA (CISNC) IN THEIR EFFORTS TO PROVIDE SUPPORTS TO AT-RISK AND JUSTICE-INVOLVED STUDENTS TO HELP THEM CONTINUE THEIR EDUCATION, GAIN POST-SECONDARY EDUCATION, AND OBTAIN EMPLOYMENT, OFTEN SUPPORTING THE LOCAL JOB-FORCE AS WELL.	Raleigh, NC	$600K	2022
Ymca Of Avery CountyTHIS GRANT WILL PROVIDE 10% OF THE TOTAL FUNDS FOR THE CAPITAL CAMPAIGN TO BUILD AND EQUIP A YMCA IN MITCHELL COUNTY, WHICH WILL IN TURN PROVIDE YEAR-ROUND AFTERCARE AND SUMMER PROGRAMMING FOR LOW-INCOME YOUTH, DOWING PREVENTION LESSONS FOR THE COUNTY YOUTH, AND PROGRAMMING FOR ELDERS RELATED TO FALL PREVENTION, DIABETES MANAGEMENT, ETC.	Linville, NC	$600K	2022
Mountain ProjectsPARTICIPATION IN A LIHTC PROJECT WILL RENEW MOUNTAIN PROJECTS ELIGIBILITY TO PURSUE THE FUNDS AS A STAND ALONE ENTITY AND COULD BRING MORE HOUSING (AND HOUSING RESOURCES) TO THE COUNTIES THEY SERVE OVER THE LONG TERM.	Waynesville, NC	$592K	2022
Mountain BizworksTO PROVIDE ACCESS TO CAPITAL TO UNDER-FUELED ENTREPRENEURS BY FUNDING MOUNTAIN BIZWORKS RURAL SMALL BUSINESS EXPANSION AND CRE LENDING PROGRAM.	Asheville, NC	$570K	2022
Thread Capital IncTHIS GRANT WILL SUPPORT THREAD CAPITAL WITH THE PROJECT ENTITLED, ACCELERATING THREAD CAPITAL'S IMPACT IN WESTERN NC.	Raleigh, NC	$517K	2022
Town Of RutherfordtonTHE PROJECT IS PART OF A LARGER STRATEGIC APPROACH SUPPORTED BY DOGWOOD. PARTNER HAS WORKED IN CLOSE COORDINATION WITH THE HOUSING TEAM ON THIS PHASE.	Rutherfordton, NC	$500K	2022
Yancey County SchoolsTHIS GRANT WILL STRENGTHEN MOUNTAIN HERITAGE HIGH SCHOOLS EXISTING CONSTRUCTION TRADES CTE PROGRAM BY SUPPORTING A 5,500 SQ. FT. ADDITION TO THEIR CTE BUILDING AND THE PURCHASE OF 5 SIMULATORS THAT WILL HELP TRAIN AND PREPARE STUDENTS FOR JOBS AS HEAVY EQUIPMENT OPERATORS IN VARIOUS FIELDS SUCH AS CONSTRUCTION, MANUFACTURING AND MINING.	Burnsville, NC	$500K	2022
Southwestern Child Development Commission IncTO SUPPORT SOUTHWESTERN CHILD DEVELOPMENT COMMISSION IN FOUNDING AN APPRENTICESHIP NC PROGRAM FOCUSED ON EARLY CHILDHOOD EDUCATORS.	Webster, NC	$500K	2022
Graham CountyTHIS GRANT WILL SUPPORT GRAHAM COUNTY'S LOW-INCOME HOMEBUILDING AND REPAIR PROGRAM BY ASSISTING WITH THE COST OF CONSTRUCTION AND PROVIDING A MODEL THAT CAN BE DEMONSTRATED WHEN APPLYING FOR FUTURE GRANT FUNDS.	Robbinsville, NC	$500K	2022
Habitat For Humanity Of North Carolina IncTHIS GRANT WILL HELP FORM A CDFI THROUGH A STATE HABITAT ORGANIZATION.	Raleigh, NC	$500K	2022
The Industrial CommonsTHIS GRANT WILL SUPPORT THE INDUSTRIAL COMMONS IN THEIR EFFORTS TO PROVIDE ACCESS TO CAPITAL TO UNDER-FUELED ENTREPRENEURS BY FUNDING THE EXPANSION OF THEIR LOAN FUND PROGRAM.	Morganton, NC	$491K	2022
Partner Community Capital IncTHIS GRANT WILL ENABLE PCAP TO PROVIDE AN AFFORDABLE, FLEXIBLE CAPITAL OPTION FOR BIPOC AND RURAL SMALL BUSINESS OWNERS THROUGHOUT THE REGION.	Charles Town, WV	$485K	2022
Habitat For Humanity Of North Carolina IncTHIS GRANT WILL SUPPORT HABITAT FOR HUMANITY'S EFFORTS TO DELIVER LOW-INCOME HOMEOWNERSHIP OPPORTUNITIES IN SEVERAL OF OUR HARDEST-TO-SERVE RURAL COUNTIES.	Raleigh, NC	$480K	2022
Manna Foodbank IncTHIS GRANT WILL SUPPORT MANNA FOOD BANK TO SUPPORT MANAGED SERVICES WITHIN THE FOOD SERVICES DOMAIN (FSD) OF THE HEALTHY OPPORTUNITIES PILOT IN WNC.	Asheville, NC	$472K	2022
Self-Help Ventures FundTHIS GRANT WILL SUPPORT SELF-HELP VENTURE FUND TO RECAPITALIZE THE MOUNTAIN COMMUNITY CAPITAL FUND, A LOAN LOSS GUARANTEE POOL.	Durham, NC	$450K	2022
Western Carolina Community ActionTHIS GRANT WILL GIVE WESTERN CAROLINA COMMUNITY ACTION FUNDS FOR STAFF, TUITION, REMEDIAL CLASSES, HOUSING STIPENDS, AND LICENSURE INCENTIVES, SUPPORTING THEIR EFFORTS TO RECRUIT AND RETAIN EARLY CHILDHOOD EDUCATION (ECE) STAFF IN HENDERSON, POLK, RUTHERFORD AND TRANSYLVANIA COUNTIES.	Hendersonville, NC	$446K	2022
Buncombe CountyTHIS GRANT WOULD AID BUNCOMBE COUNTY'S EFFORTS TO IMPROVE PUBLIC HEALTH OUTCOMES FOR JUSTICE-INVOLVED INDIVIDUALS BY PROVEN METHODS OF LINKING REENTRY PLANNING AND COMMUNITY CARE, INCLUDING PEER SUPPORT IN CARE, AND SEEKING TO ASSIST IN THE REDUCTION OF OVERDOSE DEATHS AS WELL AS ER VISITS FOR THOSE WITH CHRONIC MENTAL AND PHYSICAL ILLNESS WHO HAVE BEEN RELEASED FROM INCARCERATION.	Asheville, NC	$445K	2022
Western Carolina Rescue MinistriesEXPAND CO-HOUSING PROGRAM FOR MOTHERS IN SUD RECOVERY IN BUNCOMBE CO AND THEIR CHILDREN TO RURAL COUNTIES OUTSIDE BUNCOMBE	Asheville, NC	$444K	2022
Rutherford County Habitat For HumanityFOR A RELATIVELY LOW ACQUISITION COST, THE POTENTIAL EXISTS FOR RUTHERFORD HABITAT TO DEVELOP A SUBSTANTIAL NUMBER OF AFFORDABLE HOMES AND DEFINE THEIR STRATEGY FOR MULTIPLE YEARS.	Rutherfordton, NC	$443K	2022
Mountain ProjectsTHIS GRANT WILL GIVE MOUNTAIN PROJECTS FUNDS FOR STAFF, INCREASED WAGES AND BONUSES, SPANISH CLASSROOM MATERIALS, SUPPLIES, AND ADMINISTRATIVE SUPPORT, AIDING THEIR EFFORTS TO RECRUIT AND RETAIN EARLY CHILDHOOD EDUCATORS AND SERVE NON-ENGLISH SPEAKING HEAD START STUDENTS IN HAYWOOD AND JACKSON COUNTIES.	Waynesville, NC	$440K	2022
Asheville Habitat For HumanityTHE SCOPE AS PROPOSED WILL ENABLE A STRONG PARTNER IN AAHH TO BRING THEIR RESOURCES TO BEAR IN A RURAL COUNTY AND STABILIZE A PROGRAM FOR THE LONG-TERM. KEY TO THIS PROJECT WAS THE RELATIONSHIP ESTABLISHED WITH CHCMC AND LOCAL OFFICIALS, WHO WELCOME THE PRESENCE OF THIS GROUP IN THEIR COMMUNITY.	Asheville, NC	$438K	2022
The Conservation Fund A Nonprofit CorporationTHIS GRANT WILL SUPPORT THE CONVERSATION FUND'S RESOURCEFUL COMMUNITIES PROGRAM'S EFFORTS TO STRENGTHEN COMMUNITY-DRIVEN INTERVENTIONS TO ADDRESS SOCIAL DETERMINANTS OF HEALTH IN MARGINALIZED COMMUNITIES IN DOGWOOD HEALTH TRUST'S FUNDING REGION BY AIDING CAPACITY BUILDING FOR GRASSROOTS ORGANIZATIONS WORKING IN HEALTH AND WELLNESS, HOUSING, EDUCATION, AND ECONOMIC OPPORTUNITY.	Arlington, VA	$420K	2022
Partners Aligned Toward HealthA TWO-PART PROPOSAL FOR A HIGHLY-ALIGNED PARTNER IN MITCHELL AND YANCEY COUNTIES. 1) PROVIDE SUD FUNDING AS A MATCH FOR PATH'S DRUG FREE COMMUNITIES GRANT, AND 2) PROVIDE A ONE-TIME INVESTMENT IN FUNDING FOR CAPACITY BUILDING AND STAFF DEVELOPMENT, IN ALIGNMENT WITH THEIR RECENT STRATEGIC PLANNING, THAT WILL ENABLE THEM TO CONTINUE CURRENT PROGRAMMING IN A SUSTAINABLE WAY.	Burnsville, NC	$411K	2022
Isothermal Planning & Development Commission Dba Foothills Regional CommisTHE GRANT WAS TO BE USED AS MATCHING FUNDS FOR AN EDA AWARD FOR A HUD HOME CONSORTIUM GRANT.	Rutherfordton, NC	$410K	2022
Town Of SpindaleTHIS IS A INNOVATIVE, COLLABORATIVE PROJECT THAT OFFERS THE POTENTIAL FOR DEEP IMPACT FOR THE LOW-INCOME RESIDENTS OF SPINDALE.	Spindale, NC	$410K	2022
Blue Ridge Community College Education FoundationTHIS GRANT WILL SUPPORT BLUE RIDGE COMMUNITY COLLEGE FOUNDATIONS EFFORTS TO INCREASE THE PERCENTAGE OF FIRST-GENERATION, BIPOC, AND/OR RURAL EARLY CHILDHOOD EDUCATION (ECE) STUDENTS WHO COMPLETE AN ECE CREDENTIAL BY PROVIDING THEM WITH ECE SUCCESS COACHES AND ACCESS TO COURSES AND MATERIALS IN SPANISH. FUNDS WILL BE USED FOR STAFF AND SUPPLIES, ADJUNCT INSTRUCTORS, TRANSLATION, PROFESSIONAL DEVELOPMENT, AND STUDENT SCHOLARSHIPS.	Flat Rock, NC	$408K	2022
The Community Foundation Of WncDHT WILL USE ANNUAL REPORTS AND MONTHLY CHECK-INS TO DISCUSS, EVALUATE, AND STRATEGIZE WNC NONPROFIT PATHWAYS EFFORTS TO ASSIST LOCAL NONPROFITS' READINESS AND ACCESS TO EXTRAMURAL FUNDING OPPORTUNITIES.	Asheville, NC	$400K	2022
City Of HendersonvilleTHIS GRANT WILL SUPPORT THE CITY OF HENDERSONVILLE'S PROJECT DOWNTOWN HENDERSONVILLE LOCAL OPPORTUNITY INVESTMENT PROGRAM" WHICH WILL INVEST IN SMALL BUSINESS DEVELOPMENT TO PROMOTE COMMUNITY REVITALIZATION FOR THE CITY OF HENDERSONVILLE WHICH HAS BEEN IDENTIFIED AS AN INVESTMENT AREA.	Hendersonville, NC	$400K	2022