Nonprofit · EIN 56-1695787
HIGH POINT COMMUNITY FOUNDATION
Tax-exempt · HIGH POINT, NC 27262
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $28,891,747 | $8,877,094 | $20,014,653 | $131,145,352 | $6,261,566 | $124,883,786 |
| June 30, 2024 | 990 | $1,204,514 | $7,279,355 | -$6,074,841 | $115,428,557 | $5,819,805 | $109,608,752 |
| June 30, 2023 | 990 | $11,126,941 | $6,610,213 | $4,516,728 | $106,439,974 | $5,832,329 | $100,607,645 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $12,155,559
- Program service revenue
- $0
- Investment income
- $16,712,382
- Net gain from sales of assets
- $14,024,238
- Other revenue
- $23,806
Expenses
- Grants and similar amounts paid
- $7,365,860
- Compensation of officers, directors and key employees
- $308,872
- Other salaries and wages
- $212,063
- Salaries, compensation and benefits (total)
- $598,652
- Professional fundraising fees
- $0
- Legal fees
- $8,140
- Accounting fees
- $47,460
- Depreciation
- $21,403
- Program services (functional)
- $7,556,914
- Management and general (functional)
- $920,704
- Fundraising (functional)
- $399,476
Balance sheet and other
- Total assets, start of year
- $115,428,557
- Total assets, end of year
- $131,145,352
- Total liabilities, end of year
- $6,261,566
- Net assets, end of year
- $124,883,786
- Land, buildings and equipment
- $225,915
- Publicly traded securities
- $101,651,191
- Net assets without donor restrictions
- $72,612,394
- Net assets with donor restrictions
- $52,271,392
- Gross receipts
- $28,891,747
- Employees
- 5
- Volunteers
- 0
- Year formed
- 1990
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Paul Lessard | President Officer | 40 | $200,703 | $8,028 |
| Karol Murks | Chief Financial Officer Officer | 40 | $112,645 | $4,506 |
| Barry Safrit | Chair Trustee or director, Officer | 2 | $0 | $0 |
| John Bencini | Past Chair Trustee or director, Officer | 2 | $0 | $0 |
| William Laney | Vice-Chair Trustee or director, Officer | 1 | $0 | $0 |
| Amber Williamson | Trustee Trustee or director | 1 | $0 | $0 |
| Angela Krienbrink | Trustee Trustee or director | 1 | $0 | $0 |
| David Covington | Trustee Trustee or director | 1 | $0 | $0 |
| Dawn Spencer | Trustee Trustee or director | 1 | $0 | $0 |
| Joe Blosser | Trustee Trustee or director | 1 | $0 | $0 |
| John Thomas | Trustee Trustee or director | 1 | $0 | $0 |
| Mark Nelson | Secretary/Treasurer Trustee or director | 1 | $0 | $0 |
| Rachel Moss-Collins | Trustee Trustee or director | 1 | $0 | $0 |
| Raven Jefferson | Trustee Trustee or director | 1 | $0 | $0 |
| Robin Lindsay | Trustee Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Rufus Yates | Trustee Trustee or director | 1 | $0 |
| Stephanie Young | Trustee Trustee or director | 1 | $0 |
| Tasha Logan Ford | Trustee Trustee or director | 1 | $0 |
| Teresa Huffman | Trustee Trustee or director | 1 | $0 |
| Tim Ilderton | Trustee Trustee or director | 1 | $0 |
| Zach Barnes | Trustee Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Paul Lessard | President Officer | 40 | $192,984 | $7,719 |
| Karol Murks | Chief Financial Officer Officer | 40 | $108,169 | $4,327 |
| Barry Safrit | Chair Trustee or director, Officer | 2 | $0 | $0 |
| John Bencini | Past Chair Trustee or director, Officer | 2 | $0 | $0 |
| William Laney | Vice-Chair Trustee or director, Officer | 1 | $0 | $0 |
| Amber Williamson | Trustee Trustee or director | 1 | $0 | $0 |
| Angela Krienbrink | Trustee Trustee or director | 1 | $0 | $0 |
| David Covington | Trustee Trustee or director | 1 | $0 | $0 |
| Dawn Spencer | Trustee Trustee or director | 1 | $0 | $0 |
| Joe Blosser | Trustee Trustee or director | 1 | $0 | $0 |
| John Thomas | Trustee Trustee or director | 1 | $0 | $0 |
| Mark Nelson | Secretary/Treasurer Trustee or director | 1 | $0 | $0 |
| Rachel Moss-Collins | Trustee Trustee or director | 1 | $0 | $0 |
| Raven Jefferson | Trustee Trustee or director | 1 | $0 | $0 |
| Robin Lindsay | Trustee Trustee or director | 1 | $0 | $0 |
| Rufus Yates | Trustee Trustee or director | 1 | $0 | $0 |
| Stephanie Young | Trustee Trustee or director | 1 | $0 | $0 |
| Tasha Logan Ford | Trustee Trustee or director | 1 | $0 | $0 |
| Teresa Huffman | Trustee Trustee or director | 1 | $0 | $0 |
| Tim Ilderton | Trustee Trustee or director | 1 | $0 | $0 |
| Zach Barnes | Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PAUL LESSARD | PRESIDENT Officer | 40 | $186,100 | $18,437 |
| KAROL MURKS | CHIEF FINANCIAL OFFICER Officer | 40 | $104,009 | $4,160 |
| WILLIAM LANEY | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JOHN BENCINI | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| HARVEY LOWD | PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| BRAD WHITLEY | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| BARRY SAFRIT | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ZACH BARNES | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID COVINGTON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| IV CULP | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TASHA LOGAN FORD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RAVEN JEFFERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANGELA KRIENBRINK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROBIN LINDSAY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAWN SPENCER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JUSTIN THOMPSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| AMBER WILLIAMSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STEPHANIE YOUNG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JOE BLOSSER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RACHEL MOSS-COLLINS | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5166, HIGH POINT, NC 27262-5166
- Principal officer (990 for 2024)
- Paul Lessard, PO Box 5166, High Point, NC 27262
- Signed the 990
- Paul Lessard, President
- Phone
- (336) 882-3298
- Return prepared by
- Forvis Mazars LLP
Mission
THE HIGH POINT COMMUNITY FOUNDATION IS A CATALYST FOR POSITIVE CHANGE THAT PROMOTES PHILANTHROPY, ADMINISTERS AN EXPANDING GRANTS PROGRAM AND SERVES AS A TRUSTWORTHY PARTNER IN RESPONDING TO COMMUNITY NEEDS. OUR VISION IS TO ESTABLISH AND SUSTAIN A PERMANENT FINANCIAL RESOURCE THAT SUPPORTS A DIVERSE, HEALTHY, AND PRODUCTIVE COMMUNITY FOR BOTH PRESENT AND FUTURE GENERATIONS
Program accomplishments
- The High Point Community Foundation's main program is to provide grants to local nonprofit organizations. To that end in this fiscal year the Annual Grants Program granted over $540,000. The Heart of High Point Initiative Fund granted $37,600.55 to nonprofit organizations providing basic needs for emergencies that might shut down operations. The Women's Fund of High Point awarded grants totaling $46,200 to nonprofits specifically benefitting women in the greater High Point community. The HPCF also maintains donor advised funds through which $6,577,300 was granted to other nonprofit organizations both locally and nationally.Expenses $7,556,914 · grants $7,365,860
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1695787
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1991
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T31)
- Assets (IRS master file)
- $131,145,352
- Income (IRS master file)
- $28,891,747
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $28,891,747 | $8,877,094 | $131,145,352 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $1,204,514 | $7,279,355 | $115,428,557 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $11,126,941 | $6,610,213 | $106,439,974 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $12,506,191 | $17,623,339 | $96,266,363 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-1695787).
Questions about HIGH POINT COMMUNITY FOUNDATION
- What is the EIN of HIGH POINT COMMUNITY FOUNDATION?
- The employer identification number (EIN) of HIGH POINT COMMUNITY FOUNDATION is 56-1695787.
- Is HIGH POINT COMMUNITY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
- Are donations to HIGH POINT COMMUNITY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HIGH POINT COMMUNITY FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HIGH POINT COMMUNITY FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HIGH POINT COMMUNITY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HIGH POINT COMMUNITY FOUNDATION?
- The 990 for the year ended June 30, 2025 names Paul Lessard.
- Who are the officers and directors of HIGH POINT COMMUNITY FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 21 people; 2 received compensation from the organization, the highest $200,703 (Paul Lessard, President).
- How much revenue does HIGH POINT COMMUNITY FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $28,891,747, expenses of $8,877,094 and total assets of $131,145,352 at year end.
Other nonprofits in HIGH POINT
- EARL AND KATHRYN CONGDON FAMILY FOUNDATION EIN 47-2962822 · last filed 990-PF for 2024
- R B TERRY CHARITABLE FOUNDATION INC EIN 56-2066238 · last filed 990-PF for 2024
- UNITED WAY OF GREATER HIGH POINT INC EIN 56-0547486 · last filed 990 for 2025
- HIGH POINT DOWNTOWN STADIUM FOUNDATION EIN 82-4227658 · last filed 990 for 2024
- TRENT RAGLAND JR TRUST EIN 56-6035980 · last filed 990-PF for 2025
- THE WILSON FAMILY FOUNDATION EIN 56-2042058 · last filed 990-PF for 2025
- MEREDITH SLANE FINCH MICHENER FOUNDATION INC EIN 83-1392394 · last filed 990-PF for 2025
- HIGH POINT CHAMBER FOUNDATION INC EIN 58-1321573 · last filed 990 for 2024
All nonprofits in HIGH POINT · North Carolina · Philanthropy, voluntarism and grantmaking foundations