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Goforth Family Foundation is a private trust based in CONOVER, NC. The foundation received its IRS ruling in 1996. The principal officer is % Dwight Goforth. It holds total assets of $1.1M. Annual income is reported at $609K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Goforth Family Foundation has made 18 grants totaling $184K, with a median grant of $8K. The foundation has distributed between $40K and $73K annually from 2020 to 2022. Individual grants have ranged from $50 to $40K, with an average award of $10K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, South Carolina, which account for 89% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Goforth Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NC, VA, SC.
Goforth Family Foundation has distributed a total of $184K across 18 grants. The median grant size is $8K, with an average of $10K. Individual grants have ranged from $50 to $40K.
Goforth Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Goforth Family Foundation is headquartered in CONOVER, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Deborah G Traylor | TRUSTEE | $0 | $0 | $0 |
| Dwight Davis Goforth | TRUSTEE | $0 | $0 | $0 |
| Sue G Hedrick | TRUSTEE | $0 | $0 | $0 |
Total Giving
$57K
Total Assets
$1.1M
Fair Market Value
$1.3M
Net Worth
$1.1M
Grants Paid
$40K
Contributions
$0
Net Investment Income
$52K
Distribution Amount
$65K
Total Grants
18
Total Giving
$184K
Average Grant
$10K
Median Grant
$8K
Unique Recipients
11
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Anchor Of Hope Presbyterian ChurchCOLLEGE SCHOLARSHIP FUND | Max Meadows, VA | $40K | 2022 |
| Mt Vernon Baptist ChurchSCHOLARSHIP FUND | Olin, NC | $15K | 2022 |
| First Baptist Church Of StatesvilleGENERAL OPERATING FUND | Statesville, NC | $9K | 2022 |
| Samaritan'S PurseGENERAL OPERATING FUND | Boone, NC | $7K | 2022 |
| Circle 555 SpartanburgGENERAL OPERATING FUND | Spartanburg, SC | $1K | 2022 |
| Humane Society Of SpartanburgGENERAL OPERATING FUND | Spartanburg, SC | $1K | 2022 |
| St Jude Children'S Research HospitalGENERAL OPERATING FUND | Memphis, TN | $100 | 2022 |
| Patterson School FoundationKISTLER RENOVATION | Patterson, NC | $20K | 2021 |
| Umps CareGENERAL OPERATING FUND | Edgewater, MD | $100 | 2020 |
| Taylor Springs Baptist ChurchGENERAL OPERATING FUND | Union Grove, NC | $100 | 2020 |
| Allegheny Camp Of Gideons InternationalGENERAL OPERATING FUND | Sparta, NC | $50 | 2020 |
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