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North Carolina · Nonprofit

ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION

ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION (North Carolina) receives grants from 24 organizations whose IRS filings report $4,148,916 to it, the largest being DOGWOOD HEALTH TRUST ($2,739,189). 12 of them have funded it in more than one year.

Revenue FY2025
$2.5M
Funders on record
24
Grants received
$4.1M
Net assets
$17M
12/24 repeat fundersgrants exceed reported revenue in one year
01What it does

What Asheville-Buncombe Technical Community College Foundation does

Mission

To support asheville-buncombe technical community college in all of its programs and activities, ensuring that quality educational opportunities are available to its students, faculty, and staff.

As stated on its FY2025 Form 990.

Programs

  1. The foundation provides support to the campus through funding for capital projects, departmental initiatives, and other special projects.

    $1,169,464 spent$1,733 earned by the program
    60% of program spending
  2. Student scholarships and support:the foundation awarded curriculum and continuing education scholarships to help meet the increasing financial need of a-b tech community college students. In addition, the foundation administered a variety of grant-funded projects on behalf of a-b tech community college.

    $638,716 spentof which $472,806 as grants
    33% of program spending
  3. Other student support:the foundation recognizes the growing emergency needs of community college students. In partnership with other grant funders, the foundation continues to provide financial support for emergency needs such as transportation, medical expenses, utilities, uniforms, tools, and testing fees.

    $60,457 spentof which $60,457 as grants
    3% of program spending
  4. Other program services, not described on the e-filed return.

    $91,877 spentof which $91,877 as grants
    5% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,960,514.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($916k) Expenses 100 ($846k) Net assets 100 ($14M)2018 Revenue 138 ($1.3M) Expenses 110 ($934k) Net assets 106 ($14M)2019 Revenue 142 ($1.3M) Expenses 179 ($1.5M) Net assets 104 ($14M)2020 Revenue 122 ($1.1M) Expenses 195 ($1.7M) Net assets 100 ($14M)2021 Revenue 211 ($1.9M) Expenses 148 ($1.3M) Net assets 118 ($16M)2022 Revenue 216 ($2.0M) Expenses 147 ($1.2M) Net assets 110 ($15M)2023 Revenue 217 ($2.0M) Expenses 208 ($1.8M) Net assets 117 ($16M)2024 Revenue 271 ($2.5M) Expenses 284 ($2.4M) Net assets 118 ($16M)2025 Revenue 271 ($2.5M) Expenses 250 ($2.1M) Net assets 126 ($17M)
'17'18'19'20'21'22'23'24'25
Revenue (271)Expenses (250)Net assets (126)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $14M to $16M (+17%).

$14M
$14M
$14M
$14M
$16M
$15M
$16M
$16M
$17M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 5% · 2022 4% · 2023 13% · 2024 16% · 2025 15%. Grants only. Government contracts and fees sit inside program revenue.

78% of ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

$69k
’17
$334k
’18
−$216k
’19
−$532k
’20
$682k
’21
$737k
’22
$227k
’23
$78k
’24
$366k
’25
19
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Amanda Edwards

Executive director

Board chair

Annette Coleman

Board chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed343434323031333129
Joined·+1+10+2+10+5+2+6+2
No longer listed·1104124084
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 10 funders, grant income rose $27k → $353k.

10 of 24 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $6k from one payer (the payer shares this organization's board, largest United Way of Asheville and Buncombe County Inc). These are real filings, and they are not money ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION raised.

From the IRS filings of ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION’s funders (the co-funder graph). Top 23 of 24 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION leans on a few funders — its largest provides 66% of grant income and the top three 87%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

31% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION.

66%
largest funder
87%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 42% · 2019 38% · 2020 45% · 2021 63% · 2022 87% · 2023 50% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

43% of ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION's funders are still giving 3 years after their first grant; 50% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION's grant income comes from North Carolina funders.

IL
CA
NC
DC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. $923k arriving through sponsors registered in 9 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin15% · top quartile
Months of reserve18.8mo · top quartile
Revenue growth (annualized)13% · above the median

this organization peer median middle 50% of peers· 9,398 education nonprofits $1M–$10M, FY2025

Government funding ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.8M on record.

Federal$1.8M
grants $1.8Mcontracts $0
Top agencies
  • Department of Education$1.8M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

28
board members
93%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 1 related entity

  • Asheville Buncombe Technical College · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION?
ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION (North Carolina) receives grants from 24 organizations whose IRS filings report $4,148,916 to it, the largest being DOGWOOD HEALTH TRUST ($2,739,189). 12 of them have funded it in more than one year.
How many funders does ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION have?
IRS filings report 24 organizations giving $4,148,916 in grants to ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION, 12 of which have funded it in more than one year.
Who is the largest funder of ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION?
DOGWOOD HEALTH TRUST is the largest funder on record, with $2,739,189 in grants. The full list of funders is on this page.
How can an organization like ASHEVILLE-BUNCOMBE TECHNICAL COMMUNITY COLLEGE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 24 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing