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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 56-2110357

Wnc Bridge Foundation

ASHEVILLE, NCNTEE: T12Founded 1998Website

mission statement

To provide funds to assist in meeting the health challenges of people in the communities of WNC and to empower nonprofits to impact individual and community wellness in those communities.

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Total Revenue

$11.8M

FY 2024

Program Spending

53.7%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$128.6M

Total Assets

$124.7M net

164.49 mo

Operating Reserves

FY 2024

+165%

Revenue Growth

YoY

Total Employees

FY 2024

Funding Track Record

Backed by 19 Institutional Funders

$12.8M raised across 42 grants (2019–2024 filings)

Funder Geography

Funders across 7 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Anc Healthcare Inc	WINTER PARK, FL	$10,000,000
Dogwood Health Trust	Asheville, NC	$2,014,810
Mission Health System Foundation Inc	ASHEVILLE, NC	$578,057
Martha Washington Straus-Harry H Straus Foundation Inc	Stamford, CT	$58,000
Jack and Carolyn Ferguson Charitable Foundation	CANDLER, NC	$40,000
The Community Foundation of Western North Carolina Inc	ASHEVILLE, NC	$34,032
Nantahala Health Foundation	Franklin, NC	$25,000
Hca Healthcare Foundation	NASHVILLE, TN	$25,000
Community Foundation of Henderson County Inc	HENDERSONVILLE, NC	$10,439
Deerfield Episcopal Retirement Comm Inc	ASHEVILLE, NC	$7,400

Total tracked: $12,813,855 across 42 grants (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$2.7M in expenses

WNC bridge foundation invested $4,299,378 in grants and community initiatives in the eighteen counties of western north carolina.-$13,874 in safe housing and food insecurity (aim grants)-$844,208 in additional WNC bridge community initiatives (rathbun house, you're special fund, children's services fund, health scholarships and WNC greatest needs, hurricane helene relief)-$992,406 in now grant funding for non-profits to obtain quick funding and funding for hurricane relief-$290,094 in scholarships for high school students and sponsorships for non-profit fundraisers

$2.2M in expenses

Impact grants of $2,158,796 were awarded to local non-profits in WNC.

— in expenses

The organization operates a thrift store and offers estate sales. Income from the thrift store and commissions from estate sales are included in revenue from the sale of inventory. The cost of goods sold for the thrift store, $288,661, is netted with revenue, $1,142,839.the donations to the thrift store are not included in non-cash contributions.

Financial History