North Carolina State University Foundation Inc

North Carolina State University Foundation Inc Overview

North Carolina State University Foundation Inc is located in Raleigh, NC. The organization was established in 1949. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, North Carolina State University Foundation Inc generated $35.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $32.5m during the year ending 06/2020. While expenses have increased by 10.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORTS, BY FINANCIAL ASSISTANCE AND OTHERWISE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTS, BY FINANCIAL ASSISTANCE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS. THE FOUNDATION AWARDS SCHOLARSHIPS, FELLOWSHIPS, AND OTHER AWARDS BASED ON THE REQUIREMENTS STIPULATED BY THE CONTRIBUTORS AND/OR RECOMMENDATIONS OF THE BOARD OF DIRECTORS.


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North Carolina State University Foundation Inc Board, Officers & Key Employees

Name (title)Compensation
Mike Constantino
Vice Chair
$0
Ken Dull
Development Chair
$0
Ghazale Johnston
Nominations Chair
$0
Sherice Nivens
Awards & Grants Chair
$0
Trent Ragland
Past Chair
$0
Charlie Stallings
Chair
$0

North Carolina State University Foundation Inc Vendors

Vendor Name (Service)Compensation
Ruffalo Noel Levitz
Fundraising
$836,223
Washburn & Mcgoldrick Llc
Fundraising/consulting
$166,675
Nagiza F Samatova
Educational Presentations
$146,000
Williams Overman Pierce Llp
Audit & Tax Services
$103,500
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$12,940
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$18,576,839
Noncash contributions included in lines 1a–1f $1,607,150
Total Revenue from Contributions, Gifts, Grants & Similar$18,589,779
Total Program Service Revenue$7,306,417
Investment income $1,862,297
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,776,862
Net Income from Fundraising Events -$3,775
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $35,531,580

North Carolina State University Foundation Inc Grants Recieved

Over the last fiscal year, we have identified 34 grants that North Carolina State University Foundation Inc has recieved totaling $16,060,531.

Awarding OrganizationAmount
Nc State Investment Fund Inc

Raleigh, NC

PURPOSE: SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT

$15,595,718
Vf Foundation

Wilmington, DE

PURPOSE: TEXTILE, DESIGN, & MANAGEMENT EDUCATION & PROGRAMMING SUPPORT

$230,000
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$183,068
North Carolina Electric Membership Corporation

Raleigh, NC

PURPOSE: EDUCATIONAL ASSISTANCE

$18,500
Tiaa Charitable Inc

Charlotte, NC

PURPOSE: Annual Suuport

$10,075
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: GENERAL SUPPORT

$2,650
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$404,529,860
Earnings$7,526,143
Net Contributions$7,990,780
Other Expense$13,911,329
Ending Balance$406,135,454

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