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North Carolina · Nonprofit

EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC

EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC (North Carolina) receives grants from 34 organizations whose IRS filings report $8,107,318 to it, the largest being MAYNARD FAMILY FOUNDATION ($3,000,000). 22 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$18M
Funders on record
34
Grants received
$8.1M
Net assets
$65M
22/34 repeat funderspeak grant-dependency 16%
01What it does

What East Carolina University Educational Foundation Inc does

Mission

The mission of the east carolina university educational foundation, inc., d/b/a the pirate club, is to be the friend-raising and fund-raising arm of east carolina university's division I athletics program, representing the highest principles of honesty and integrity. By conducting annual fund, endowment, and capital campaigns in support of student-athlete scholarships, athletic facility enhancements and other programming needs, the pirate club seeks to bring positive recognition to east carolina university and the region it serves through a competitive athletics program.

As stated on its FY2025 Form 990.

Programs

  1. One of the foundation's objectives and general purposes is to render financial aid and other assistance to deserving young men and women in assisting them to develop themselves physically and mentally and in other ways consistent with a broad general education.

    $5,661,244 spentof which $5,661,244 as grants
    78% of program spending
  2. The foundation funds insurance for courtesy cars provided to athletics staff and coaches, restricted transfers to athletics departments and miscellaneous purchases for items and services athletics cannot purchase according to state of north carolina and/or university guidelines, improvements to athletics facilities, and other athletics programmatic needs.

    $826,096 spentof which $21,307 as grants
    11% of program spending
  3. One of the foundation's objectives and general purposes is to assist in providing physical facilities for east carolina university's athletics program.

    $745,342 spentof which $381,458 as grants
    10% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,232,682.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 = 20212021 Revenue 100 ($9.1M) Expenses 100 ($11M) Net assets 100 ($33M)2022 Revenue 133 ($12M) Expenses 93 ($10M) Net assets 89 ($29M)2023 Revenue 295 ($27M) Expenses 126 ($14M) Net assets 137 ($45M)2024 Revenue 225 ($20M) Expenses 117 ($13M) Net assets 167 ($54M)2025 Revenue 198 ($18M) Expenses 89 ($9.6M) Net assets 199 ($65M)
20212022202320242025
Revenue (198)Expenses (89)Net assets (199)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 2022 to 2023, from $33M to $48M (+44%).

$35M
$33M
$48M
$57M
$68M
20212022202320242025
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.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

84% of EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (10% for the typical peer).

This organization
Typical peer · 330 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

−$1.7M
’21
$2.0M
’22
$13M
’23
$7.7M
’24
$8.3M
’25
29
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

Ryan Robinson

Secretary/executive director

As listed on its FY2025 Form 990.

20212022202320242025
Listed3326272827
Joined·+12+14+13+11
No longer listed·19131212
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 16 funders, grant income rose $432k → $1.5M.

17 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 54% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC’s funders (the co-funder graph). Top 30 of 34 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

EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC leans on a few funders — its largest provides 37% of grant income and the top three 68%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

54% 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 EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC.

37%
largest funder
68%
top three
~5
effective funders

Largest funder’s share by year: 2017 93% · 2018 49% · 2019 41% · 2020 79% · 2021 52% · 2022 67% · 2023 33% — 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

55% of EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC's funders are still giving 3 years after their first grant; 65% 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

54% of EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.7M that is directly attributable, 99% of it comes from North Carolina funders.

IL
NY
MA
NJ
CT
RI
MO
DE
NC
TX

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. $4.4M arriving through sponsors registered in 13 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

EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC runs a healthier operating margin than three-quarters of the 164 recreation & sports nonprofits its size.

Operating margin46% · top quartile
Months of reserve28.9mo · top quartile
Revenue growth (annualized)19% · top quartile

this organization peer median middle 50% of peers· 164 recreation & sports nonprofits $10M–$100M, FY2025

Organizations like EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC

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

75% of spending goes to programs.

Program 75%Management 25%Fundraising 0%

Governance

24
board members
79%
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 2 related entities

  • East Carolina University · exempt
  • Charitable Remainder Unitrust (4) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC: 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.

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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 EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC?
EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC (North Carolina) receives grants from 34 organizations whose IRS filings report $8,107,318 to it, the largest being MAYNARD FAMILY FOUNDATION ($3,000,000). 22 of them have funded it in more than one year, and 54% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC have?
IRS filings report 34 organizations giving $8,107,318 in grants to EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC, 22 of which have funded it in more than one year.
Who is the largest funder of EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC?
MAYNARD FAMILY FOUNDATION is the largest funder on record, with $3,000,000 in grants. The full list of funders is on this page.
How can an organization like EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC 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 2021–2025), and the filings of 34 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