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North Carolina · Nonprofit

FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC

FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC (North Carolina) receives grants from 40 organizations whose IRS filings report $5,723,235 to it, the largest being Lettie Pate Whitehead Foundation Inc ($1,350,000). 19 of them have funded it in more than one year.

Revenue FY2025
$1.9M
Funders on record
40
Grants received
$5.7M
Net assets
$16M
19/40 repeat funderspeak grant-dependency 49%
01What it does

What Forsyth Technical Community College Foundation Inc does

Mission

The purposes of the foundation are to foster public understanding of, and support for, forsyth technical community college and to solicit and promote donations of any kind for the exclusive benefit of the college.

As stated on its FY2025 Form 990.

Programs

  1. Various endowments and scholarships awarded to students at forsyth technical community college to help finance their higher education and enhance the community through this education.

    $520,919 spentof which $520,919 as grants
    22% of program spending
  2. Contributions to forsyth technical community college for the support of their over 275 (236 curriculum) educational programs provided to over 11,800 credit students and 9,000 corporate and continuing education students.

    $1,893,727 spentof which $1,878,562 as grants
    78% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,414,646.

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 ($3.1M) Expenses 100 ($1.5M) Net assets 100 ($11M)2018 Revenue 196 ($6.1M) Expenses 156 ($2.3M) Net assets 126 ($14M)2019 Revenue 129 ($4.0M) Expenses 91 ($1.3M) Net assets 128 ($15M)2020 Revenue 46 ($1.4M) Expenses 139 ($2.0M) Net assets 120 ($14M)2021 Revenue 52 ($1.6M) Expenses 120 ($1.8M) Net assets 136 ($15M)2022 Revenue 96 ($3.0M) Expenses 123 ($1.8M) Net assets 124 ($14M)2023 Revenue 76 ($2.4M) Expenses 174 ($2.6M) Net assets 128 ($15M)2024 Revenue 56 ($1.7M) Expenses 117 ($1.7M) Net assets 137 ($16M)2025 Revenue 63 ($1.9M) Expenses 172 ($2.5M) Net assets 137 ($16M)
'17'18'19'20'21'22'23'24'25
Revenue (63)Expenses (172)Net assets (137)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 2017 to 2018, from $11M to $14M (+26%).

$11M
$14M
$15M
$14M
$16M
$14M
$15M
$16M
$16M
'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: 2022 1% · 2024 1% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.

62% of FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC’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. 4 of the last 9 reported years ran a deficit.

$1.6M
’17
$3.8M
’18
$2.7M
’19
−$617k
’20
−$153k
’21
$1.2M
’22
−$210k
’23
$2k
’24
−$602k
’25
12
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

Precious Quire-Mccloud

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed222521181516151415
Joined·+9+4+14+2+1+2+2+6
No longer listed·681750335
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 11 funders, grant income fell $943k → $643k.

5 of 40 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.

From the IRS filings of FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC’s funders (the co-funder graph). Top 30 of 40 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

FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC has a broad base — no single funder exceeds 24% 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

72% 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 FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC.

24%
largest funder
48%
top three
~9
effective funders

Largest funder’s share by year: 2017 53% · 2018 62% · 2019 61% · 2020 36% · 2021 31% · 2022 47% · 2023 47% — 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

35% of FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC's funders are still giving 3 years after their first grant; 48% 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

53% of FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC's grant income comes from North Carolina funders.

VT
WA
IL
MO
VA
TN
NC
DC
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. $1.7M arriving through sponsors registered in 4 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

FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC holds deeper cash reserves than three-quarters of the 9,398 education nonprofits its size.

Operating margin−31% · bottom quartile
Months of reserve11.7mo · top quartile
Revenue growth (annualized)−6% · bottom quartile

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

Organizations like FORSYTH TECHNICAL COMMUNITY COLLEGE 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

95% of spending goes to programs.

Program 95%Management 5%Fundraising 0%

Governance

14
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

54%

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

  • Forsyth Technical Community College · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FORSYTH TECHNICAL COMMUNITY COLLEGE 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 FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC?
FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC (North Carolina) receives grants from 40 organizations whose IRS filings report $5,723,235 to it, the largest being Lettie Pate Whitehead Foundation Inc ($1,350,000). 19 of them have funded it in more than one year.
How many funders does FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC have?
IRS filings report 40 organizations giving $5,723,235 in grants to FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC, 19 of which have funded it in more than one year.
Who is the largest funder of FORSYTH TECHNICAL COMMUNITY COLLEGE FOUNDATION INC?
Lettie Pate Whitehead Foundation Inc is the largest funder on record, with $1,350,000 in grants. The full list of funders is on this page.
How can an organization like FORSYTH TECHNICAL COMMUNITY COLLEGE 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 2017–2025), and the filings of 40 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