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North Carolina · Nonprofit

EAST CAROLINA UNIVERSITY FOUNDATION INC

EAST CAROLINA UNIVERSITY FOUNDATION INC (North Carolina) receives grants from 111 organizations whose IRS filings report $26,005,020 to it, the largest being EAST CAROLINA UNIVERSITY ALUMNI ASSOCIATION INC ($4,453,361). 61 of them have funded it in more than one year.

Revenue FY2025
$25M
Funders on record
111
Grants received
$26M
Net assets
$262M
61/111 repeat funderspeak grant-dependency 16%
01What it does

What East Carolina University Foundation Inc does

Mission

The foundation raises, manages, and distributes private resources for the benefit of east carolina university, its students and academic and research programs, through programmatic support and scholarship programs.

As stated on its FY2025 Form 990.

Programs

  1. The foundation provides funding for student scholarships and awards. Through its multi-year scholarship programs, named scholarships, and annually funded awards the foundation seeks to assist east carolina university students in achieving their education goals. During 2025, the foundation awarded scholarships to 2,439 recipients totaling $4,941,458 and 79 awards totaling $96,602.

    $5,038,060 spentof which $5,038,060 as grants
    46% of program spending
  2. The foundation provides program funding to east carolina university. This program support includes faculty development and travel, as well as providing funding for student experiences that are the hallmarks of an excellent institution.

    $3,239,406 spentof which $814,234 as grants$485,577 earned by the program
    30% of program spending
  3. The foundation assists east carolina university in the recruitment and retention of highly qualified faculty and administrators by providing funding for faculty and administrator compensation.

    $2,636,485 spent
    24% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $10,913,951.

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 ($20M) Expenses 100 ($7.4M) Net assets 100 ($200M)2022 Revenue 144 ($29M) Expenses 143 ($11M) Net assets 92 ($183M)2023 Revenue 93 ($19M) Expenses 139 ($10M) Net assets 100 ($200M)2024 Revenue 186 ($37M) Expenses 158 ($12M) Net assets 116 ($232M)2025 Revenue 125 ($25M) Expenses 181 ($13M) Net assets 131 ($262M)
20212022202320242025
Revenue (125)Expenses (181)Net assets (131)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 2023 to 2024, from $202M to $233M (+15%).

$202M
$187M
$202M
$233M
$263M
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

57% of EAST CAROLINA UNIVERSITY FOUNDATION INC’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$13M
’21
$18M
’22
$8.4M
’23
$25M
’24
$12M
’25
11
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.

Board chair

Matt Slate

Chair

As listed on its FY2025 Form 990.

20212022202320242025
Listed4942373733
Joined·+2+3+8+8
No longer listed·98812
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 21 funders to 46 funders, grant income rose $863k → $2.3M.

27 of 111 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 30% 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: $917k from one payer (the payer shares this organization's board, largest East Carolina University Real Estate Foundation Inc). These are real filings, and they are not money EAST CAROLINA UNIVERSITY FOUNDATION INC raised.

From the IRS filings of EAST CAROLINA UNIVERSITY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 111 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 FOUNDATION INC has a broad base — no single funder exceeds 17% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

55% 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 FOUNDATION INC.

17%
largest funder
47%
top three
~11
effective funders

Largest funder’s share by year: 2017 29% · 2018 43% · 2019 40% · 2020 33% · 2021 32% · 2022 28% · 2023 25% — 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

52% of EAST CAROLINA UNIVERSITY FOUNDATION INC's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

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

89% of EAST CAROLINA UNIVERSITY FOUNDATION INC's grant income comes from North Carolina funders.

MN
IL
WI
NY
MA
IA
OH
PA
NJ
CT
RI
CO
MO
VA
MD
DE
TN
NC
DC
MS
GA
TX
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. $7.9M arriving through sponsors registered in 15 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 FOUNDATION INC runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin46% · top quartile
Months of reserve10.8mo · top quartile
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like EAST CAROLINA UNIVERSITY 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

82% of spending goes to programs.

Program 82%Management 4%Fundraising 14%

Governance

33
board members
88%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

72%

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

Footprint & structure

Part of a family of 6 related entities

  • Ecu Innovation Foundation LLC · disregarded
  • Ecu Real Estate Foundation Inc · exempt
  • Green Town Properties Inc · exempt
  • East Carolina University Inc · exempt
  • Charitable Remainder Unitrust (6) · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for EAST CAROLINA UNIVERSITY 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.

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 EAST CAROLINA UNIVERSITY FOUNDATION INC?
EAST CAROLINA UNIVERSITY FOUNDATION INC (North Carolina) receives grants from 111 organizations whose IRS filings report $26,005,020 to it, the largest being EAST CAROLINA UNIVERSITY ALUMNI ASSOCIATION INC ($4,453,361). 61 of them have funded it in more than one year.
How many funders does EAST CAROLINA UNIVERSITY FOUNDATION INC have?
IRS filings report 111 organizations giving $26,005,020 in grants to EAST CAROLINA UNIVERSITY FOUNDATION INC, 61 of which have funded it in more than one year.
Who is the largest funder of EAST CAROLINA UNIVERSITY FOUNDATION INC?
EAST CAROLINA UNIVERSITY ALUMNI ASSOCIATION INC is the largest funder on record, with $4,453,361 in grants. The full list of funders is on this page.
How can an organization like EAST CAROLINA UNIVERSITY 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 111 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 22, 2026. What this page cannot tell you · view filing