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· Public charity

The Golden Leaf Inc

Golden leaf's mission is to increase economic opportunity in north carolina's rural and tobacco-dependent communities through leadership in grantsmaking, collaboration, innovation, and stewardship as an independent and perpetual foundation.

$161M
Granted FY2025still arriving
131
Grants FY2025still arriving
2
States reached
$58M
Largest
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2025.

Public Benefit$323MCommunity Improvement$222MEducation$196MEnvironment$68MFood & Nutrition$58MHealth$27MPublic Safety & Disaster$9.7MHousing & Shelter$8.6MOther$0
02FY2025 · 131 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2025

  • Under $10k1 grant · $9k
  • $10k–50k15 grants · $441k
  • $50k–250k66 grants · $8.5M
  • $250k+49 grants · $152M
$156,620
Median grant
2
States reached
$1.5B
Total assets
Largest grants
RecipientAmount
Mountain BizCapital Inc$57,500,000
North Carolina Department of Public Instruction$25,000,000
Wilson Community College$13,000,000
Methodist University Inc$8,000,000
North Carolina Housing Finance Agency$6,000,000
North Carolina State Education Assistance Authority$3,116,173
North Carolina Community College System$3,000,000
North Carolina Baptist Men$2,940,000
County of Robeson$2,875,000
Rowan-Cabarrus Community College$2,225,000
County of Northampton$1,536,120
County of Hoke$1,400,000
County of Halifax$1,398,000
County of Ashe$1,385,000
Town of Tabor City$1,381,500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY18–25, $6.7M) land where the poverty rate runs at 15%, against an area that typically sits at 11%. 70% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%COMMON HEART INC: $86k → 7%The STUDIO: $132k → 8%Haywood Christian Ministry Inc: $132k → 12%Christians United Outreach Center of Lee County: $93k → 16%Food for Families NC Inc: $75k → 7%Hope Street Food Pantry Inc: $186k → 10%Caldwell Hospice and Palliative Care Inc dba AMOREM: $67k → 16%FOOD FOR FAMILIES NC INC: $7k → 7%HOPE STREET FOOD PANTRY INC: $57k → 10%GIVENS ESTATES INC: $55k → 12%Thomasville Community Ministry Inc: $182k → 13%FIVENTWO MINISTRIES Inc: $89k → 13%PARTNERS IN LEARNING: $300k → 15%Rutherford Housing Partnership Inc: $100k → 16%Feed My Lambs Inc: $250k → 22%Restoring Hope Center Inc: $106k → 24%Catholic Charities Diocese of Charlotte: $650k → 10%Dallas High Shoals Christian Social Ministry: $22k → 12%THOMASVILLE COMMUNITY MINISTRY INC: $68k → 13%ASHE FOOD PANTRY INC: $206k → 14%FIVE POINT CENTER INC: $52k → 15%ROWAN HELPING MINISTRIES: $133k → 15%Grahamtown Team: $72k → 16%RESTORING HOPE CENTER INC: $53k → 24%Lumbee Land Development Inc: $586k → 26%Ashe Food Pantry Inc: $44k → 14%Five Point Center Inc: $51k → 15%BREAD FOR LIFE SENIOR PANTRY: $10k → 12%EASTERN CATAWBA COOPERATIVE CHRISTIAN MINISTRY INC: $116k → 12%Southern Alamance Family Empowerment Inc: $146k → 13%Natural Capital Invstmnt Fund: $200k → 13%The Filling Station Inc: $227k → 17%Bountiful Blessings House of Redempt: $130k → 25%TABLE MINISTRIES INC: $155k → 13%Turning Point Community Development Corporation: $212k → 20%Family Resource Center South Atlantic: $452k → 8%The Hospice & Home Care Foundation of NC: $200k → 8%BackPack Beginnings: $14k → 16%Towncreek Vision Corporation: $200k → 9%Jones County Community Hope Inc: $157k → 17%A Touch of the Father's Love Inc: $176k → 15%JONES COUNTY COMMUNITY HOPE INC: $90k → 17%A TOUCH OF THE FATHER'S LOVE INC: $49k → 15%Boys & Girls Homes of North Carolina Inc: $143k → 21%Rebuilding Broken Places Community Development Corporation: $49k → 18%Men and Women United for Youth and Families: $140k → 21%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

67%of every dollar goes to organizations it has funded before.
$632M · 195 repeat orgs$308M to everyone else

195 repeat relationships: 58 still active in FY2025, 137 since wound down; 73 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

195
318

Total granted

$632M
$192M

Median revenue growth · since first grant

+25%
+32%

Still filing today

31%
32%

New vs renewed · share of each year

In FY2025, 28% of grant dollars renewed an existing relationship; $115M went to new ones.

50%100%’17’18’19’20’21’22’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’17’18’19’20’21’22’23’24’25
Human ServicesEducationCommunity ImprovementHealthFood & NutritionPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • RE
    RURAL ECONOMIC DEVELOPMENT CENTER INC
    8× · 2017–2024 · $113M · revenue ×16 · 76% of their budget
  • TN
    THE NORTH CAROLINA AGRICULTURAL FOUNDATION INC
    2× · 2017–2022 · $46M · revenue +55%
  • AA
    Asheville Area Chamber of Commerce Community Betterment Foundation
    2× · 2020–2021 · $12M · revenue +408% · 72% of their budget

Funded once

  • NC
    North Carolina Department of Transportation
    one grant, 2022 · $40M
  • UH
    University Health Systems of Eastern Carolina Foundation Inc
    one grant, 2018 · $11M · revenue -10%
  • EC
    Edgecombe Community College
    one grant, 2018 · $11M
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Monroe-Union County Community

To help all union county nc residents gain access to affordable housing, decent jobs, and to develop a sense of security.

Housing & Shelter
2
Rowan Economic Development Council

Promoting economic and industrial development in rowan county, north carolina

—
3
Research Triangle Regional Partnership

The research triangle regional partnership is an association of area economic development agencies dedicated to keeping the research triangle region economically strong by collectively marketing the region's competitive advantages and…

—
4
Carolina Family Health Centers Inc

Carolina Family Health Centers, Inc. provides accessible and affordable health care with excellence...where patients come FIRST

—
5
Food Bank of Central & Eastern Nc Inc

Nourish people. build solutions. empower communities. no one goes hungry.

Food & Nutrition
6
North Carolina Community Health Center Assoc Inc

To promote community based primary health care systems in medically underserved areas.

Health
7
Burke County Chamber of Commerce I Burke County Chamber of Commerce I

To promote and advance commerce in burke county, nc

—
8
Yadkin Valley Chamber of Commerce

The Yadkin Valley Chamber of Commerce is an organization that promotes a positive business environment, community betterment and supports economic development

—
9
First Choice Community Health Ctrs

Providing healthcare to the underserved population of Harnett County NC and the surrounding area.

Health
10
Carolina Common Enterprise

The specific objectives and purposes of this corporation shall be to assist individuals and communities, particularly those in low-income and socially disadvantaged areas, in the creation, expansion, and improvement of rural and…

Community Improvement
11
Carolinas Center for Medical Excellence Found ation
Health
12
Wnc Health Network Inc

WNC Health Network, Inc supports people and organizations to improve community health and wellbeing across Western North Carolina.

Health
How this is measured
The grantee most central to the portfolio’s shape is North Carolina Chamber Foundation; the most unlike its peers is Fair Bluff Fire Department and Rescue Squad Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

224 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 224 of the 586 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

43
Load-bearing (≥25% of a budget)
71
Early backer (in before they grew)
220/224
Grantees still filing
140/224
Grew since first funded

Where the money sits, by cause and then by grantee

CITY OF SANFORD: $112,100,000 · OtherCITY OF SANFORDNorth Carolina Department of Transportation: $40,000,000 · OtherNorth Carolina Department of TransportationNorth Carolina Department of Public Instruction: $25,000,000 · OtherPBS NORTH CAROLINA: $24,875,581 · Other+161 more: $345,567,349 · Other+161 moreRURAL ECONOMIC DEVELOPMENT CENTER INC: $113,307,634 · Community ImprovementRURAL ECONOMIC DEV…THE CAROLINAS GATEWAY PARTNERSHIP INC: $7,537,500 · Community ImprovementTHE CAROLINAS GATE…+9 more: $14,275,692 · Community Improvement+9 moreMOUNTAIN BIZCAPITAL INC: $57,500,000 · PhilanthropyMOUNTAIN …Asheville Area Chamber of Commerce Community Betterment Foundation: $12,365,000 · PhilanthropyAsheville…+1 more: $1,098,000 · PhilanthropyTHE NORTH CAROLINA AGRICULTURAL FOUNDATION INC: $45,538,541 · HealthUniversity Health Systems of Eastern Carolina Foundation Inc: $10,782,315 · Health+4 more: $3,793,750 · HealthCENTER FOR CREATIVE LEADERSHIP: $8,958,976 · EducationMETHODIST UNIVERSITY INC: $8,041,820 · EducationBARTON COLLEGE: $1,340,000 · EducationJOHNSTON COMMUNITY COLLEGE FOUNDATION INC: $1,328,994 · EducationNORTHEAST ACADEMY FOR AEROSPACE AND ADVANCED TECHNOLOGIES: $1,200,000 · EducationSAMPSON COMMUNITY COLLEGE FOUNDATION: $1,200,000 · EducationSOUTH PIEDMONT COMMUNITY COLLEGE FOUNDATION INC: $1,180,000 · EducationSTANLY COMMUNITY COLLEGE FOUNDATION INC: $1,000,000 · EducationUNIVERSITY OF MOUNT OLIVE INC: $899,707 · Education+2 more: $1,531,908 · EducationMCNC: $5,177,472 · Science & TechTRENTON VOLUNTEER FIRE DEPARTMENT INC: $2,300,000 · Public Safety & DisasterPEMBROKE RESCUE SQUAD INC: $868,250 · Public Safety & DisasterTriangle Volunteer Fire Department: $677,278 · Public Safety & Disaster
Other$547,542,930Community Improvement$135,120,826Philanthropy$70,963,000Health$60,114,606Education$26,681,405Science & Tech$5,177,472Public Safety & Disaster$3,845,528

Showing the 200 largest grantees by grant value.

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetRURAL ECONOMIC DEVELOPMENT CENTER INC: $113,307,634 over 8y, 76% of budgetTHE NORTH CAROLINA AGRICULTURAL FOUNDATION INC: $45,538,541 over 2y, 1.8% of budgetAsheville Area Chamber of Commerce Community Betterment Foundation: $12,365,000 over 2y, 72% of budgetCENTER FOR CREATIVE LEADERSHIP: $8,958,976 over 5y, 5.9% of budgetMETHODIST UNIVERSITY INC: $8,041,820 over 2y, 8.8% of budgetTHE CAROLINAS GATEWAY PARTNERSHIP INC: $7,537,500 over 2y, 26% of budgetMCNC: $5,177,472 over 4y, 3.0% of budgetBLADEN'S BLOOMIN' AGRI-INDUSTRIAL INC: $4,200,000 over 4y, 43% of budgetCarolina Small Business Development Fund: $3,425,000 over 2y, 42% of budgetWILKES ECONOMIC DEVELOPMENT CORPORATION: $3,128,000 over 5y, 12% of budgetTRENTON VOLUNTEER FIRE DEPARTMENT INC: $2,300,000 over 2y, 69% of budgetWAYNE COUNTY DEVELOPMENT ALLIANCE INC: $1,841,539 over 2y, 12% of budgetBLACK RIVER HEALTH SERVICES INC: $1,500,000 over 1y, 22% of budgetScotland County Economic Development Corporation: $1,400,000 over 2y, 47% of budgetBARTON COLLEGE: $1,340,000 over 2y, 1.9% of budgetJOHNSTON COMMUNITY COLLEGE FOUNDATION INC: $1,328,994 over 4y, 54% of budgetNORTH CAROLINA CHAMBER FOUNDATION: $1,225,000 over 2y, 30% of budgetNORTHEAST ACADEMY FOR AEROSPACE AND ADVANCED TECHNOLOGIES: $1,200,000 over 3y, 12% of budgetSAMPSON COMMUNITY COLLEGE FOUNDATION: $1,200,000 over 2y, 85% of budgetHIGHTS Inc: $1,181,102 over 2y, 46% of budgetSOUTH PIEDMONT COMMUNITY COLLEGE FOUNDATION INC: $1,180,000 over 2y, 28% of budgetTHE FOUNDATION OF CALDWELL COMMUNITY COLLEGE AND TECHNICAL INSTITUTE INC: $1,098,000 over 1y, 26% of budgetCARTERET COMMUNITY COLLEGE FOUNDATION INC: $1,044,459 over 5y, 31% of budgetCUMBERLAND COUNTY HOSPITAL SYSTEM INC: $1,014,150 over 2y, 0.1% of budgetTHE OCRACOKE FOUNDATION INC: $976,220 over 3y, 69% of budgetTHE NUSSBAUM CENTER FOR ENTREPRENEURSHIP INC: $950,000 over 2y, 27% of budgetUNIVERSITY OF MOUNT OLIVE INC: $899,707 over 2y, 1.4% of budgetPEMBROKE RESCUE SQUAD INC: $868,250 over 3y, 31% of budgetSOUTHEASTERN REGIONAL MEDICAL CENTER: $854,600 over 2y, 0.2% of budgetINSTITUTE CAPITAL INC: $750,000 over 1y, 31% of budgetMayland Community College Foundation Inc: $731,908 over 1y, 55% of budgetROANOKE CHOWAN COMMUNITY HEALTH CENTER: $700,000 over 2y, 1.5% of budgetSANDHILLS COMMUNITY COLLEGE FOUNDATION INC: $680,000 over 1y, 12% of budgetTriangle Volunteer Fire Department: $677,278 over 3y, 18% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds RURAL ECONOMIC DEVELOPMENT CENTER INC ↗
  • Who funds MOUNTAIN BIZCAPITAL INC ↗
  • Who funds THE NORTH CAROLINA AGRICULTURAL FOUNDATION INC ↗
  • Who funds Asheville Area Chamber of Commerce Community Betterment Foundation ↗
  • Who funds University Health Systems of Eastern Carolina Foundation Inc ↗
  • Who funds CENTER FOR CREATIVE LEADERSHIP ↗
  • Who funds METHODIST UNIVERSITY INC ↗
  • Who funds THE CAROLINAS GATEWAY PARTNERSHIP INC ↗
  • Who funds MCNC ↗
  • Who funds BLADEN'S BLOOMIN' AGRI-INDUSTRIAL INC ↗
  • Who funds Carolina Small Business Development Fund ↗

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Cannon Foundation IncNC103.1× affinity98 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Cannon Foundation Inc · North Carolina Community Foundation · North Carolina Community Colleges Foundation · North Carolina High School Athletic Association Inc · Dogwood Health Trust · Patriot Foundation · Foundation for the Carolinas · The Community Foundation of Western North Carolina Inc · East Carolina Health · Anonymous Trust U/A Dated 2-4-2008 · The Conservation Fund a Nonprofit Corporation · North Carolina Public Health Association

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization The Golden Leaf Inc funds: left to right is the share of its income from government, bottom to top the share from The Golden Leaf Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%6%25%56%100%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    22report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 586 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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