Nonprofit · EIN 56-2120679
THE GAMBRELL FOUNDATION
Tax-exempt · CHARLOTTE, NC 28209
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $18,267,928 | $10,733,409 | $7,534,519 | $172,585,271 | $71,987 | $172,513,284 |
| December 31, 2023 | 990-PF | $17,756,452 | $8,949,874 | $8,806,578 | $164,985,006 | $6,241 | $164,978,765 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $1,782,186
- Net gain from sales of assets
- $20,133,157
- Other income
- -$3,647,415
Expenses
- Grants and similar amounts paid
- $5,229,559
- Compensation of officers, directors and key employees
- $695,132
- Salaries, compensation and benefits (total)
- $583,391
- Disbursements for charitable purposes
- $7,765,557
- Excise tax on investment income
- $157,990
Balance sheet and other
- Total assets, start of year
- $164,985,006
- Total assets, end of year
- $172,585,271
- Total liabilities, end of year
- $71,987
- Net assets, end of year
- $172,513,284
- Fair market value of assets
- $175,020,857
- Qualifying distributions
- $8,226,648
- Net investment income
- $14,303,690
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-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRIAN COLLIER 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | PRESIDENT | 40 | $374,204 | $44,900 |
| SALLY BELK GAMBRELL 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | DIRECTOR - CEO | 20 | $125,000 | $0 |
| BRIAN E BRIDGFORD 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | DIRECTOR - VP | 20 | $125,000 | $0 |
| JACK MCWILLIAMS 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | FARM OPERATIONS Highest-paid employee | 40 | $115,897 | $20,177 |
| LAURA A SHEPARD 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | DIRECTOR OF COMMUNIC Highest-paid employee | 40 | $105,516 | $16,827 |
| JOHN LICARE 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | FARM OPERATIONS Highest-paid employee | 40 | $102,151 | $8,082 |
| MELISSA NEMEC 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | PROGRAM DIRECTOR Highest-paid employee | 40 | $86,987 | $10,083 |
| HANNAH RANKIN 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | PROGRAM DIRECTOR | 8 | $70,927 | $2,747 |
| MATTHEW POTTER 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | CONTROLLER Highest-paid employee | 8 | $53,932 | $4,140 |
990-PF for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BRIAN COLLIER 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | PRESIDENT | 40 | $404,400 | $19,176 |
| JACK MCWILLIAMS 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | FARM OPERATIONS Highest-paid employee | 40 | $126,178 | $5,047 |
| SALLY BELK GAMBRELL 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | DIRECTOR - CEO | 20 | $125,000 | $0 |
| BRIAN E BRIDGFORD 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | DIRECTOR - VP | 20 | $125,000 | $0 |
| LAURA A SHEPARD 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | DIRECTOR OF COMMUNIC Highest-paid employee | 40 | $111,234 | $4,450 |
| CARTER BOLLN 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | FARM OPERATIONS Highest-paid employee | 40 | $96,902 | $4,540 |
| JOHN LICARE 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | FARM OPERATIONS Highest-paid employee | 40 | $93,388 | $2,991 |
| HANNAH RANKIN 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | PROGRAM DIRECTOR | 20 | $72,623 | $2,641 |
| MELISSA NEMEC 5625 FAIRVIEW ROAD, CHARLOTTE, NC 28209 | PROGRAM DIRECTOR Highest-paid employee | 40 | $52,185 | $2,087 |
Address and contacts
- Address (IRS master file)
- 5625 FAIRVIEW RD, CHARLOTTE, NC 28209-3619
- In care of
- % SARAH BELK GAMBRELL
- Signed the 990-PF
- BRIAN COLLIER, PRESIDENT
- Phone
- (704) 553-8296
- Website
- WWW.GAMBRELLFOUNDATION.ORG
- Return prepared by
- FRAZIER & DEETER ADVISORY PLLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 56-2120679
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $172,585,271
- Income (IRS master file)
- $37,098,887
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $18,267,928 | $10,733,409 | $172,585,271 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $17,756,452 | $8,949,874 | $164,985,006 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | 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 56-2120679).
Questions about THE GAMBRELL FOUNDATION
- What is the EIN of THE GAMBRELL FOUNDATION?
- The employer identification number (EIN) of THE GAMBRELL FOUNDATION is 56-2120679.
- Is THE GAMBRELL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to THE GAMBRELL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE GAMBRELL FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE GAMBRELL FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE GAMBRELL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of THE GAMBRELL FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 9 people; 9 received compensation from the organization, the highest $374,204 (BRIAN COLLIER, PRESIDENT).
- How much revenue does THE GAMBRELL FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $18,267,928, expenses of $10,733,409 and total assets of $172,585,271 at year end.
Other nonprofits in CHARLOTTE
- FOUNDATION FOR THE CAROLINAS EIN 56-6047886 · last filed 990 for 2024
- BANK OF AMERICA CHARITABLE FOUNDATION INC EIN 20-0721133 · last filed 990-PF for 2024
- GIVECLEAR FOUNDATION EIN 81-3222963 · last filed 990 for 2024
- C D SPANGLER FOUNDATION INC EIN 56-6061548 · last filed 990-PF for 2025
- BISSELL BALLANTYNE LEGACY FDN EIN 92-2863751 · last filed 990-PF for 2023
- JOHN M BELK ENDOWMENT EIN 56-1954114 · last filed 990-PF for 2024
- THE EZRAH CHARITABLE TRUST EIN 81-2608588 · last filed 990-PF for 2024
- NORTH CAROLINA OLYMPIC LEGACY FOUN EIN 46-1113072 · last filed 990-PF for 2024
All nonprofits in CHARLOTTE · North Carolina · Philanthropy, voluntarism and grantmaking foundations