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North Carolina · Nonprofit

NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC

NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC (North Carolina) receives grants from 93 organizations whose IRS filings report $12,800,566 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,755,798). 48 of them have funded it in more than one year.

Revenue FY2025
$22M
Funders on record
93
Grants received
$13M
Net assets
$63M
48/93 repeat funderspeak grant-dependency 17%
01What it does

What North Carolina Central University Foundation Inc does

Mission

The mission of the north carolina central university foundation, inc., is to foster and promote the growth of higher education in north carolina and specifically north carolina central university by whatever name it may be designated, and to that end to encourage, solicit, receive and administer gifts and bequests of property and to hold in trust any property, real and personal given, devised, bequeathed, given in trust or in any other way made over to said corporation for the use or benefit of north carolina central university; to invest or disburse all monies received, and generally to care for, manage, administer and control all such property received, and to carry out the wishes and to see that the funds and property so received, and to carry allowable designations of the donors, and to perform any acts and expend funds not specifically designated, in any manner in which the corporation's board of directors shall determine will be beneficial to the university.

As stated on its FY2025 Form 990.

Program

  1. Administer scholarship funds and provide support to all departments of north carolina central university.

    $10,689,450 spentof which $10,689,450 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $10,689,450.

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 ($3.9M) Expenses 100 ($3.1M) Net assets 100 ($19M)2018 Revenue 167 ($6.5M) Expenses 96 ($3.0M) Net assets 119 ($23M)2019 Revenue 208 ($8.1M) Expenses 221 ($6.9M) Net assets 125 ($24M)2020 Revenue 119 ($4.7M) Expenses 121 ($3.8M) Net assets 127 ($25M)2021 Revenue 413 ($16M) Expenses 192 ($6.0M) Net assets 194 ($38M)2022 Revenue 369 ($14M) Expenses 190 ($5.9M) Net assets 210 ($41M)2023 Revenue 512 ($20M) Expenses 436 ($14M) Net assets 252 ($49M)2024 Revenue 554 ($22M) Expenses 575 ($18M) Net assets 271 ($53M)2025 Revenue 569 ($22M) Expenses 397 ($12M) Net assets 325 ($63M)
'17'18'19'20'21'22'23'24'25
Revenue (569)Expenses (397)Net assets (325)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 $25M to $38M (+53%).

$20M
$23M
$24M
$25M
$38M
$41M
$49M
$53M
$64M
'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

82% of NORTH CAROLINA CENTRAL 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 9 reported years ran a deficit.

$787k
’17
$3.5M
’18
$1.2M
’19
$883k
’20
$10M
’21
$8.5M
’22
$6.4M
’23
$3.7M
’24
$9.9M
’25
8.8
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.

'17'18'19'20'21'22'23'24'25
Listed232226222119212221
Joined·+2+4+1+6+0+5+5+3
No longer listed·30572344
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 7 funders to 45 funders, grant income rose $231k → $3.0M.

28 of 93 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 45% 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 NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC’s funders (the co-funder graph). Top 30 of 93 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

NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC has a broad base — no single funder exceeds 22% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

64% 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 NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC.

22%
largest funder
39%
top three
~13
effective funders

Largest funder’s share by year: 2017 30% · 2018 44% · 2019 52% · 2020 20% · 2021 25% · 2022 18% · 2023 51% — growing more concentrated.

“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

63% of NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC's funders are still giving 3 years after their first grant; 52% 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

NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC draws 76% of its grant income from funders outside North Carolina, across 22 states in all.

WA
MN
IL
MI
NY
MA
OR
OH
PA
NJ
CT
CA
CO
MO
KY
VA
MD
DE
NC
DC
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. $5.8M arriving through sponsors registered in 17 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

NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin44% · top quartile
Months of reserve8.8mo · top quartile
Revenue growth (annualized)24% · top quartile

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

Organizations like NORTH CAROLINA CENTRAL 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

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

19
board members
95%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

71%

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

Footprint & structure

Files a return copy in 50 states

AK
ME
VT
NH
WA
ID
MT
ND
MN
IL
WI
MI
NY
MA
OR
NV
WY
SD
IA
IN
OH
PA
NJ
CT
RI
CA
UT
CO
NE
MO
KY
WV
VA
MD
DE
AZ
NM
KS
AR
TN
NC
SC
HI
OK
LA
MS
AL
GA
TX
FL

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA CENTRAL 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 NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC?
NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC (North Carolina) receives grants from 93 organizations whose IRS filings report $12,800,566 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,755,798). 48 of them have funded it in more than one year.
How many funders does NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC have?
IRS filings report 93 organizations giving $12,800,566 in grants to NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC, 48 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $2,755,798 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA CENTRAL 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 2017–2025), and the filings of 93 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