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North Carolina · Nonprofit

THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC

THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC (North Carolina) receives grants from 3 organizations whose IRS filings report $18,124 to it, the largest being GATEWAY WELLNESS FOUNDATION ($10,400). 1 of them have funded it in more than one year.

Revenue FY2025
$85k
Funders on record
3
Grants received
$18k
Net assets
$164k
1/3 repeat funderspeak grant-dependency 0%
01What it does

What The Endowment Fund of the Public Sc of McDowell Co Nc does

Mission

To provide assistance to mcdowell county schools through the administration of grants, scholarships, and direct services to programs and to individual schools

As stated on its FY2025 Form 990.

Program

  1. To provide assistance to mcdowell county schools through the administration of grants, scholarships, and direct services to the programs and to individual schools

    $17,249 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $17,249.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($49k) Expenses 100 ($575k) Net assets 100 ($87k)2018 Revenue 84 ($41k) Expenses 5 ($30k) Net assets 112 ($98k)2019 Revenue 89 ($43k) Expenses 5 ($31k) Net assets 126 ($110k)2020 Revenue 82 ($40k) Expenses 10 ($59k) Net assets 105 ($91k)2021 Revenue 80 ($39k) Expenses 5 ($30k) Net assets 115 ($100k)2022 Revenue 36 ($17k) Expenses 4 ($24k) Net assets 107 ($94k)2023 Revenue 36 ($17k) Expenses 4 ($23k) Net assets 100 ($88k)2024 Revenue 48 ($23k) Expenses 3 ($14k) Net assets 111 ($97k)2025 Revenue 175 ($85k) Expenses 3 ($17k) Net assets 188 ($164k)
'17'18'19'20'21'22'23'24'25
Revenue (175)Expenses (3)Net assets (188)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $97k to $164k (+70%).

$87k
$98k
$110k
$91k
$100k
$94k
$88k
$97k
$164k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$527k
’17
$11k
’18
$12k
’19
−$19k
’20
$9k
’21
−$7k
’22
−$6k
’23
$9k
’24
$67k
’25
114
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Boyd Phillips

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed10910108891010
Joined·+0+1+0+0+1+3+2+0
No longer listed·10021210
03Who funds it

Who funds it, year by year

2021 → 2023: the base held at 1 funder, grant income held at $0.

Funder
'21
'22
'23
'24*
'25*
total
funders
1
1
1
2
2

From the IRS filings of THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC’s funders (the co-funder graph). Top 2 of 3 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC leans on a few funders — its largest provides 57% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC.

57%
largest funder
100%
top three
~2
effective funders

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC's grant income comes from North Carolina funders.

NC

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC?
THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC (North Carolina) receives grants from 3 organizations whose IRS filings report $18,124 to it, the largest being GATEWAY WELLNESS FOUNDATION ($10,400). 1 of them have funded it in more than one year.
How many funders does THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC have?
IRS filings report 3 organizations giving $18,124 in grants to THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC, 1 of which have funded it in more than one year.
Who is the largest funder of THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC?
GATEWAY WELLNESS FOUNDATION is the largest funder on record, with $10,400 in grants. The full list of funders is on this page.
How can an organization like THE ENDOWMENT FUND OF THE PUBLIC SC OF MCDOWELL CO NC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Endowment Fund of the Public Sc of McDowell Co Nc →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing