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Capital Bank Charitable Foundation, Inc.

Profile

Last Updated: 2016-02-07

At A Glance

Capital Bank Charitable Foundation, Inc.

(formerly Community Savings Charitable Foundation, Inc.)

3905 N.C., 87 N.

Elon, NC United States 27244

Telephone: (336) 584-6237

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $2,333,361

Total giving: $115,000

EIN

562145115

BRIDGE Number

4569263063

Background

Established in 1999 in NC as a company-sponsored foundation; status changed to independent foundation

Purpose and Activities

The foundation supports organizations involved with education and human services.

Fields of Interest

Subjects
  • Community and economic development
  • Economic development
  • Health
  • Religion
Population Groups
  • Children and youth

Financial Data

Year ended 2013-12-31

Assets: $2,333,361 (market value)

Expenditures: $142,653

Total giving: $115,000

Qualifying distributions: $115,000

Giving activities include:

$115,000 for 56 grants (high: $8,500; low: $100)