North Carolina Community Foundation Inc
92% goes to programs $0 to raise $100 Strong reserves Growing revenue
North Carolina Community Foundation Inc is a 501(c)(3) organization based in Raleigh, North Carolina, registered in 1986, with $143,714,496 in FY2024 revenue. CharityIndex grades it A, and it directs about 92% of spending to programs.
3737 Glenwood Ave Ste 460, Raleigh, NC, 27612 EIN 58-1661700 Since 1986
Revenue (FY2024)
$143.7M
▲ 199.8% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$45.0M
Net assets
$525.1M
Employees
47
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating92% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For North Carolina Community Foundation Inc: 92% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating140 mo reserves · +69% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For North Carolina Community Foundation Inc: 140 mo reserves · +69% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For North Carolina Community Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For North Carolina Community Foundation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o
What they do
Education & scholarships: disbursed 983 grants to assist north carolinians in pursuit of their academic goals at various organizations including libraries and educational institutions. students studied a wide variety of subjects. for more information about opportunities, applications, and our selection process, please visit www.nccommunityfoundation.org.
Arts, culture & humanities: disbursed 319 grants to support organizations in the arts and humanities, including arts councils, historic preservation societies, museums, and performing arts programs.
The north carolina community foundation serves as fiscal sponsor for the north carolina network of grantmakers, a membership organization of foundations, corporate-giving programs and donor advised funds that grant to north carolina charitable causes. the network is sustained by grants from other foundations, as well as service revenue. for the year ended march 31, 2025, the network generated service revenue of $335,023 from membership income, conference/seminar registration payments, and fee-for-service revenue.
Contact & location
- Address
- 3737 Glenwood Ave Ste 460, Raleigh, NC, 27612
- City
- Raleigh
- State
- North Carolina
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $31.0M (FY2016) to $143.7M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $44.0MNet assets $525.1M
Operating margin
68.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$569.1M
Total liabilities
$44.0M
Net assets
$525.1M
Salaries & benefits
$4.6M
10% of expenses
Board members
16
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $143,714,496▲200% | $44,987,263▲15.3% | $525,107,253▲25.6% | $569,085,346▲24.0% | 990 |
| 2023 | $47,936,678▲96.6% | $39,002,433▼2.3% | $418,207,684▲14.0% | $459,056,537▲13.8% | 990 |
| 2022 | $24,377,624▼77.8% | $39,927,878▲27.5% | $366,919,800▼9.3% | $403,436,279▼8.9% | 990 |
| 2021 | $109,848,330▲112% | $31,315,811▼15.1% | $404,372,692▲10.0% | $442,779,010▲10.6% | 990 |
| 2020 | $51,925,236▼29.9% | $36,898,107▲45.4% | $367,741,444▲38.1% | $400,478,532▲37.8% | 990 |
| 2019 | $74,052,915▲78.4% | $25,377,250▲43.9% | $266,313,656▲3.8% | $290,646,110▲2.3% | 990 |
| 2018 | $41,520,100▲45.4% | $17,637,281▲4.7% | $256,651,945▲6.0% | $284,033,433▲5.0% | 990 |
| 2017 | $28,559,714▼7.8% | $16,852,790▲21.0% | $242,016,892▲8.9% | $270,477,243▲9.6% | 990 |
| 2016 | $30,983,833 | $13,930,478 | $222,182,322 | $246,772,770 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Jennifer Tolle Whiteside — $304,751 (0.68% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jennifer Tolle Whiteside | President & Ceo | 40 | $304,751 |
| Wilson Simmons | Chief Financial & Admin | 40 | $178,767 |
| Kathryn R Holding | Vp, Philanthropic Services | 35 | $149,919 |
| Denise L Marshall | Vp, People & Culture | 35 | $144,486 |
| Sarah Mann Willcox | Executive Director-ncng | 35 | $132,559 |
| Michelle K Bristow | Director of Finance | 35 | $122,164 |
| Amy D Braun | Chief Marketing & Communic | 35 | $113,888 |
| Angela Gailliard | Director | 1 | — |
| Catharine Biggs Arrowood | Director | 1 | — |
| Charles Lovelace | Director | 1 | — |
| F Timothy Nicholls | Secretary | 1 | — |
| Hilda Pinnix-ragland | Director | 1 | — |
| Jane Thorne | Director | 1 | — |
| Jan Hayes | Director | 1 | — |
| John R Bratton | Director (term 9/24) | 1 | — |
| John W Willingham | Vice Chair | 1 | — |
| Juan Austin | Director | 1 | — |
| Katharine H Hardin | Chair | 1 | — |
| Leroy Davis Jr | Director | 1 | — |
| Madhu Sharma | Director | 1 | — |
Top vendors & contractors (FY2022)
| Contractor | Services | Paid |
|---|---|---|
| Ehazeltine LLC | Consulting | $144,225 |
Grants received · $17.6M total
133 grants to North Carolina Community Foundation Inc totaling $17.6M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| A J Fletcher Foundation | Dorothea dix park fund | 2024 | $1,000,000 |
| Winston-salem Foundation | 14 grant(s) for varying purposes | 2024 | $457,200 |
| Impactassets Inc | General support | 2024 | $350,000 |
| American Online Giving Foundation Inc | General support | 2024 | $250,908 |
| Greater Houston Community Foundation | Public benefit | 2024 | $145,138 |
| American Endowment Foundation | Philanthropy | 2024 | $125,000 |
| The Community Fdn of Middle Tn Inc | With love from outlaw state of kind support | 2024 | $75,000 |
| Community Foundation of Greater Memphis Inc | General operational support | 2024 | $31,000 |
| The Blackbaud Giving Fund | General support | 2024 | $25,299 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $24,250 |
| Greater Cincinnati Foundation | Programatic support | 2024 | $24,250 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $22,000 |
| Community Foundation of North Texas | For hurricane helene disaster relief fund, requested by rebecca shores, frank darden, chris darden, cara farinholt, philip williamson, jr. and david williamson | 2024 | $21,650 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Community & human services | 2024 | $21,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $17,144 |
Grants made · $30.6M in FY2024
732 grants totaling $30.6M in FY2024 — showing the 15 largest. All grants made by North Carolina Community Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Manna Food Bank | To support the organization's stated mission | $3,506,000 |
| Dorothea Dix Park Conservancy | To support the organization's stated mission | $1,041,280 |
| Samaritans Purse | To support the organization's stated mission | $769,175 |
| Boys & Girls Clubs of the Coastal Plain Inc | To support the organization's stated mission | $638,200 |
| Eastwood Community Church | To support the organization's stated mission | $600,000 |
| Ncinnovation Inc | To support the organization's stated mission | $400,000 |
| North Carolina Partnership For Children Inc | To support the organization's stated mission | $375,000 |
| St Jude Childrens Research Hospital Inc | To support the organization's stated mission | $340,173 |
| Mainspring Conservation Trust Inc | To support the organization's stated mission | $325,000 |
| Renaissance Charitable Foundation Inc | To support the organization's stated mission | $320,564 |
| Save the Children Federation Inc | To support the organization's stated mission | $306,153 |
| Weddington Christian Academy Inc | To support the organization's stated mission | $300,000 |
| Preservation Statesville Inc | To support the organization's stated mission | $300,000 |
| Marbles Kids Museum | To support the organization's stated mission | $250,000 |
| Ma Maritime Academy Foundation Inc | To support the organization's stated mission | $250,000 |
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Compare North Carolina Community Foundation Inc
Frequently asked questions
- Is North Carolina Community Foundation Inc a legitimate nonprofit?
- Yes. North Carolina Community Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-1661700, based in Raleigh, North Carolina. Donations are tax-deductible.
- What is North Carolina Community Foundation Inc's EIN?
- North Carolina Community Foundation Inc's Employer Identification Number (EIN) is 58-1661700.
- How much revenue does North Carolina Community Foundation Inc report?
- North Carolina Community Foundation Inc reported $143,714,496 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of North Carolina Community Foundation Inc's spending goes to programs?
- North Carolina Community Foundation Inc spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does North Carolina Community Foundation Inc have?
- CharityIndex grades North Carolina Community Foundation Inc A, based on program efficiency and fundraising cost.
- How much does North Carolina Community Foundation Inc's highest-paid employee make?
- The highest reported compensation on North Carolina Community Foundation Inc's latest Form 990 is $304,751, paid to Jennifer Tolle Whiteside (President & Ceo).
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Data for North Carolina Community Foundation Inc (EIN 58-1661700) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.