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 |
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 |
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 | – | – | – | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $11,126,941 | $6,610,213 | $106,439,974 | IRS |
| 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 publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
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
- 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
- HIGH POINT CHAMBER FOUNDATION INC EIN 58-1321573 · last filed 990 for 2024
- RJB EDUCATION EQUITY FOUNDATION EIN 27-0248502 · last filed 990 for 2024
- JOSEPH MICHAEL ALBANY JR MEMORIAL FOUNDATION EIN 83-2604079 · last filed 990-EZ for 2025
- DO WHAT YOU CAN INC EIN 41-3083138 · last filed 990-N for 2025
- ROTARY CLUB OF HIGH POINT FOUNDATION INC EIN 26-3919931 · last filed 990-N for 2025
- FISHER PROJECTS EIN 83-1628095 · last filed 990-N for 2023
All nonprofits in HIGH POINT · North Carolina · Philanthropy, voluntarism and grantmaking foundations