Cape Fear Community College Foundation Inc

Organization Overview

Cape Fear Community College Foundation Inc is located in Wilmington, NC. The organization was established in 1980. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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. Cape Fear Community College Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Cape Fear Community College Foundation Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS FOR COLLEGE STUDENTS AND TO SUPPORT THE PROGRAMS OF CAPE FEAR COMMUNITY COLLEGE

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS TO STUDENTS AT CAPE FEAR COMMUNITY COLLEGE AND MINI-GRANTS TO INSTRUCTORS, BASED ON DOCUMENTED CRITERIA


DONATIONS OF CASH TO CAPE FEAR COMMUNITY COLLEGE FOR EDUCATIONAL SUPPORT AND FOR VARIOUS SERVICES AND IMPROVEMENTS AND TO ASSIST IN GENERATING CASH AND NON-CASH SUPPORT FROM BUSINESSES AND INDIVIDUALS TO HELP FURTHER THE PROGRAMS OF THE COLLEGE.


DONATIONS OF NON-CASH ITEMS TO CAPE FEAR COMMUNITY COLLEGE TO HELP FURTHER THE PROGRAMS OF THE COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Jack Fuller
Chair
$0
Christina Greene
Treasurer Ex
$0
Patricia Kusek
Vice Chair
$0
Jim Morton
Ex-Officio D
$0
James Mayew
Director
$0
Linda Wilson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,686,480
Noncash contributions included in lines 1a–1f $156,059
Total Revenue from Contributions, Gifts, Grants & Similar$2,686,480
Total Program Service Revenue$0
Investment income $561,415
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$13,540
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,234,355

Grants Awarded

Over the last fiscal year, Cape Fear Community College Foundation Inc has awarded $530,012 in support to 3 organizations.

Grant RecipientAmount

CAPE FEAR COMMUNITY COLLEGE

PURPOSE: SUPPORT OF COLLEGE P

$235,974

CAPE FEAR COMMUNITY COLLEGE

PURPOSE: SUPPORT OF COLLEGE P

$207,503

CAPE FEAR COMMUNITY COLLEGE

PURPOSE: SUPPORT OF COLLEGE P

$86,535
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Cape Fear Community College Foundation Inc has recieved totaling $363,317.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$77,100
North Carolina Community Foundation Inc

Raleigh, NC

PURPOSE: EDUCATION

$63,000
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: Education

$50,000
Seby B Jones Family Foundation Inc

Raleigh, NC

PURPOSE: GENERAL SUPPORT

$40,000
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$26,000
Winston-Salem Foundation

Winstonsalem, NC

PURPOSE: 2 GRANT(S) FOR VARYING PURPOSES

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$15,748,396
Earnings-$2,281,505
Net Contributions$727,461
Other Expense$1,211,376
Ending Balance$12,982,976

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