Dover Foundation INC

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501(c)(3) charity; gifts are tax-deductible.
$28K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: 990-PF Part VIII

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
IRS Pub. 78
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
1 of 6
filings with a surplus
Average deficit $430K a year · 55% of revenue · last 6 filings
A surplus in 1 of the last 6 filings.
990-PF Pt I · 6 filings
Pay to officers and key staff
$28K
to officers and key staff · 2% of spending
Pay to officers and key staff is 2% of spending.
990-PF Part VIII
4.6 mo
of spending, in cash
4.6 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$797
<0.01% of total assets
Liabilities are 0.01% of assets.
990-PF Pt II · Ln 23
Revenue
$941K
+36% vs prior year
Spent
$1.4M
Net assets
$22.8M
By yearFY2020–FY2025
Revenue
$941K
FY2025▲ +36%
Tap a bar for its year
Revenue by fiscal year
FY2020$379K
FY2021$1.4M
FY2022$314K
FY2023$997K
FY2024$692K
FY2025$941K
Expenses
$1.4M
FY2025<0.01%
Tap a bar for its year
Expenses by fiscal year
FY2020$964K
FY2021$1.3M
FY2022$1.1M
FY2023$1.2M
FY2024$1.4M
FY2025$1.4M
Net assets
$22.8M
FY2025▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$21.2M
FY2021$23.1M
FY2022$18.1M
FY2023$20.0M
FY2024$21.3M
FY2025$22.8M

From the FY2025 Form 990 · see the original

Is it real?

Yes. Exemption reinstated. Listed in IRS Pub. 78 (as of October 2026). Latest filing on record: FY2025. IRS ruling in Dec 1945.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 81% · $1.1M Operating & administrative 19% · $266K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990-PF; $28K paid to officers and key staff (990-PF Part VIII).

990-PF Part VIII · reportable compensation
$4,000990-PF Pt VIII
$4,000990-PF Pt VIII
$4,000990-PF Pt VIII
Director
$4,000990-PF Pt VIII
$4,000990-PF Pt VIII
$4,000990-PF Pt VIII
$4,000990-PF Pt VIII

Compensation history total reportable pay by year · 8 named individuals · 990-PF Part VIII

NameFY2025FY2024FY2021
Kathleen H Wilson$4,000$4,300$6,000
Charles Hamrick$4,000$4,300$6,000
Cynthia Buckingham$4,000$4,300$6,000
Harvey Hamrick——$6,000
Dr Katie Borders$4,000$4,300$5,700
Justin Merritt$4,000$4,300—
Mary Raudez$4,000$4,300—
Linton Suttle$4,000$4,000$4,000

Total reportable compensation (Form 990-PF Part VIII column (c) / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Dover Foundation INC executive salaries →

Programs and updates

A private foundation based in Shelby, NC.

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 55 grants · $1.1M · 2025–2025
Cleveland Co Family YMCAFY2025$151,000
Salvation ArmyFY2025$60,000
Paul Marion Ramseur FoundationFY2025$55,000
Individual RecipientFY2025$50,000
Gardner-Webb UniversityFY2025$50,000
Green Bethel Baptist ChurchFY2025$45,000
Pentecostal Apostolic Church of ChrFY2025$43,000
Individual RecipientFY2025$40,000
Cleveland Co Rescue MissionFY2025$40,000
Boys Girls Club of Cleveland CoFY2025$40,000
Mt Calvary Baptist ChurchFY2025$35,000
Cleveland Community CaresFY2025$30,000
Shelby Presbyterian ChurchFY2025$30,000
Children's Homes of Cleveland CountFY2025$28,000
Washington Outreach MinistryFY2025$26,000
Earl Scruggs CenterFY2025$25,000
NC State UniversityFY2025$25,000
Community Math AcademyFY2025$25,000
See all 55 grants →

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$20K
Median grantPart XV$13K
Largest grantPart XV$151K

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$941K
Investment income$941K
Money out
$1.4M
Grants paid$1.1M
Running costs$266K
Owns and owes
$22.8M
net assets
Cash and savings$530K
Total assets$22.8M
Liabilities$797
People
7
listed
Paid7
2In more detail
Revenue in detail
Investment income$941K
Total revenue$941K
Assets in detailEnd of year
Cash and savings together$530K
Total assets$22.8M
Liabilities$797
Net assets$22.8M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 6, 2026 $941K$1.4M−$432K$22.8M 990 PDF
FY2024Filed with the IRS Oct 23, 2025 $692K$1.4M−$681K$21.3M 990 PDF
FY2023Filed with the IRS Nov 15, 2024 $997K$1.2M−$200K$20.0M 990 PDF
FY2022Filed with the IRS Nov 3, 2023 $314K$1.1M−$794K$18.1M 990 PDF
FY2021Filed with the IRS Nov 15, 2022 $1.4M$1.3M$112K$23.1M 990 PDF
FY2020Filed with the IRS Aug 4, 2022 $379K$964K−$585K$21.2M 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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