From public IRS filings
MOUNTAIN BIZCAPITAL INC
ASHEVILLE, NC · Philanthropy & Voluntarism
Mission
MOUNTAIN BIZWORKS CREATES ECONOMIC OPPORTUNITY FOR THE PEOPLE OF WESTERN NORTH CAROLINA BY HELPING SMALL BUSINESSES START, GROW, AND CREATE JOBS THROUGH SMALL BUSINESS LEARNING AND LENDING.
Financials (IRS Form 990)
Total revenue
$6.4M
Total expenses
$4.7M
Total assets
$35.2M
Program expense ratio
86%
Source: IRS Form 990, tax year 2023.
Who funds MOUNTAIN BIZCAPITAL INC
$65.9M in foundation grants on record from 24 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Golden Leaf | $57.5M | 1 |
| Dogwood Health Trust | $3.1M | 7 |
| Community Foundation of Western North Carolina | $1.3M | 4 |
| Asheville Area Chamber of Commerce Community Betterment Foundation | $1.1M | 1 |
| Center for Disaster Philanthropy | $1M | 1 |
| Rural Economic Development Center | $736K | 1 |
| Td Charitable Foundation | $245K | 3 |
| Windgate Charitable Foundation | $200K | 3 |
| Rockefeller Philanthropy Advisors | $150K | 1 |
| Black Achievers | $125K | 1 |
Leadership
MATTHEW RAKER — EXECUTIVE DIRECTOR (Principal officer)
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