The Community Foundation of Greater Greensboro

What The Community Foundation of Greater Greensboro does

The Community Foundation of Greater Greensboro (CFGG) is a private nonprofit public charity founded in 1983 and headquartered in Greensboro, North Carolina. It manages approximately $329 million in assets across 700+ charitable funds for individuals, families, businesses, and nonprofits in Guilford County and the greater Greensboro region. The organization operates a Community Grants Program for nonprofits, scholarship programs for students, donor-advised funds, and several strategic initiatives targeting specific community needs: the BIG Equity Fund (Black community investment), Women to Women, the Future Fund (young professionals), the Housing Initiative with the City of Greensboro, the Public Art Endowment, and the Guilford Nonprofit Consortium (nonprofit capacity-building).

CFGG's revenue model rests on administrative fees charged on managed charitable funds and investment returns on its endowment portfolio. Grants and scholarships are funded from donor contributions and endowment returns; no fees are charged to recipients. Distribution occurs through the GrantInterface online application portal, the CommunitySuite cloud-based donor portal, direct staff engagement, and a professional advisor network of attorneys, CPAs, and wealth advisors. Operations are governed by a 30+ member Board of Directors with a full-time staff of 11–50 led by a C-suite (CFO, Chief Philanthropy Officer, Chief Impact Officer) plus directors spanning grants, donor engagement, marketing/communications, finance, and the Guilford Nonprofit Consortium. CFGG has played a convening role in landmark community projects including the Carolyn and Maurice LeBauer Park (opened 2016) and the Steven Tanger Center for the Performing Arts (opened 2021), and maintains National Standards for U.S. Community Foundations certification.

Name

The Community Foundation of Greater Greensboro

Legal name

Community Foundation of Greater Greensboro

Website

https://cfgg.org

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Short description

The Community Foundation of Greater Greensboro is a 1983-founded nonprofit public charity that manages approximately $329 million in charitable funds and $2.3 million in annual grants for individuals, families, nonprofits, and students across Greensboro and Guilford County, NC.

Ownership category

akta.pro rank

Product category

Community Foundation / Philanthropic Services

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

SIC

Services-Social Services (8300)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industries

Arts, Culture & Humanities Grantmaking Foundations (BPAGAKAJ), Social Justice & Human Rights Grantmaking Foundations (BPAGAKAN), Community Centers & Neighborhood Support Services (BPAGAEAL)

Keywords

• Community foundation services
• Charitable fund management
• Donor advised funds
• Grantmaking programs
• Community philanthropy services

Headquarters

HQ city

Greensboro

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Charitable Fund Management: The foundation manages charitable funds for individuals, families, businesses, and nonprofits. Revenue comes from administrative fees on managed funds and investment returns on endowments.
2. Grantmaking: Distributes grants to nonprofits, scholarships to students, and support for community initiatives. Funded by donor contributions and endowment investment returns.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

The Community Foundation of Greater Greensboro manages approximately 700 charitable funds for individuals, families, businesses, and nonprofits, offering donor-advised funds, endowments, and planned giving services. It distributes grants and scholarships to nonprofits and students in Guilford County through competitive programs and strategic initiatives, and stewards community-level endowments in priority areas including racial equity, women and girls, affordable housing, public art, and youth philanthropy.

Product overview

The Community Foundation of Greater Greensboro offers a comprehensive suite of philanthropic services centered around charitable fund management and community grantmaking. The core offerings include donor-advised funds for flexible charitable giving, a competitive Community Grants Program for nonprofits, and scholarship programs for students. The foundation manages multiple strategic initiatives including the BIG Equity Fund (racial equity), Women to Women (women's empowerment), Future Fund (young professional philanthropy), Housing Initiative (affordable housing), Public Art Endowment (arts), and the Guilford Nonprofit Consortium (nonprofit capacity-building). Additional offerings include a Teen Grantmaking Council for youth engagement and the Guilford Community Indicators data platform. The organization transitioned to CommunitySuite, a cloud-based donor portal for fund management.

Differentiator

Problem solved

Functional benefit

Brands

• BIG Equity Fund: Black Investments in Greensboro - a permanent endowment focused on funding critical issues in the Black community, addressing educational, health, and social well-being.
• Women to Women
• Future Fund
• Guilford Nonprofit Consortium
• Housing Initiative
• Public Art Endowment
• Building Stronger Neighborhoods

Products and services

• Donor Advised Funds
• Community Grants Program

Quantifiable outcome

• $2.3 million in Community Foundation grants awarded in 2025
• +6 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core, minor and supporting.

• City of GreensborocoreStrategic or Co-development PartnerKey partner in housing initiative. City committed $5 million from 2022 housing bond funds and collaborated on Greensboro Housing Loan Fund. Joint efforts on affordable housing development and the Unhoused Working Group.
• Institute Capital (ICAP)coreStrategic or Co-development PartnerAffiliate of National Institute of Minority Economic Development providing loans to borrowers who cannot typically get capital from mainstream financial institutions for attainable housing development.
• Self-Help Ventures FundcoreStrategic or Co-development PartnerPart of Self-Help family providing gap financing for preservation and construction of attainable housing, partnering on Greensboro Housing Loan Fund.
• Greensboro Housing CoalitioncoreStrategic or Co-development PartnerPartner in Emergency Tenant Assistance Program (ETAP), providing housing counseling and screening for families in need.
• Guilford Education AlliancecoreStrategic or Co-development PartnerEducation network formed with High Point Community Foundation to support county-wide education initiatives including Say Yes Guilford.
• Community Housing SolutionscoreStrategic or Co-development PartnerPartners with Self-Help Credit Union and Community Foundation on Home Rehab and Repair Program, acquiring and rehabilitating homes for low-income homeowners.
• Backpack BeginningsminorStrategic or Co-development PartnerLocal nonprofit helped start by the Community Foundation.
• Greensboro Public LibrarysupportingStrategic or Co-development PartnerPartner in Building Stronger Neighborhoods Coalition supporting neighborhood projects.
• Greensboro Science CentersupportingStrategic or Co-development PartnerCollaboration on public art installation (RELATIVITY by David Hess) at Science Center facility.
• Cone HealthsupportingStrategic or Co-development PartnerPartner on public art projects including Moses Cone Hospital installations and Cone Health Cancer Center artwork.
• Weatherspoon Art MuseumsupportingStrategic or Co-development PartnerArts organization partner providing guidance on public art endowment.
• Greenhill Center for NC ArtsupportingStrategic or Co-development PartnerArts organization partner providing guidance on public art endowment.
• ArtsGreensborosupportingStrategic or Co-development PartnerArts organization partner providing guidance on public art endowment.
• Guilford Green FoundationsupportingStrategic or Co-development PartnerPartnership established to raise awareness and permanent funds for LGBTQ issues in the community.

Scale indicators22 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Schwab Charitable: A major national donor-advised fund provider affiliated with Schwab. Competes for donor-advised fund dollars but offers no community-specific grantmaking or local convening capability that CFGG provides.
• Cleveland Foundation: One of the oldest and largest U.S. community foundations. Useful comparable for the scale and program breadth CFGG aspires to, including strategic initiatives, scholarship administration, and place-based investing.
• Fidelity Charitable: The largest national donor-advised fund sponsor. Competes with CFGG's donor-advised fund offering but lacks CFGG's local community knowledge, scholarship programs, and place-based grantmaking expertise.
• Silicon Valley Community Foundation: A large national-scale community foundation managing substantial assets in donor-advised funds. Useful incumbent peer for understanding how community foundations scale fund management, professional advisor engagement, and strategic grantmaking.

Others

• Chicago Community Trust: A large metropolitan community foundation with similar product lines (donor-advised funds, competitive grants, scholarships) and a regional convening role. Useful broad incumbent peer for large-foundation operating model comparison.

Direct peers

• The Winston-Salem Foundation: A community foundation serving Winston-Salem and Forsyth County, NC, with comparable donor-advised funds, competitive grantmaking, scholarship programs, and strategic community initiatives. Direct geographic and functional peer.
• Foundation For The Carolinas: One of the largest community foundations in the Carolinas, headquartered in Charlotte. Offers donor-advised funds, scholarships, and competitive grantmaking with significant assets, providing a regional scale benchmark for CFGG.
• Triangle Community Foundation: A North Carolina community foundation serving the Raleigh-Durham-Chapel Hill region, managing charitable funds, donor-advised funds, and competitive grant programs for nonprofits. Direct peer in the same state with similar product mix.
• Community Foundation of Western North Carolina: A regional community foundation serving 18 counties in western North Carolina through donor-advised funds, competitive grants, and scholarship programs. Direct peer in the same state with comparable offerings.
• High Point Community Foundation: A smaller community foundation serving High Point within Guilford County; CFGG and HPCF have partnered on the Guilford Education Alliance and Guilford Nonprofit Consortium, making them direct peers with overlapping service territory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC5mLo5Gyf8sq93XoMqUmoTQ
• Facebookfacebook.com/cfggnews
• LinkedInlinkedin.com/company/community-foundation-of-greater-greensboro
• Instagraminstagram.com/communityfoundationgso

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Community Foundation of Greater Greensboro