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North Carolina · Nonprofit

NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION

NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION (North Carolina) receives grants from 10 organizations whose IRS filings report $3,976,175 to it, the largest being FOUNDATION FOR THE CAROLINAS ($1,630,000). 1 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$7.3M
Funders on record
10
Grants received
$4.0M
Net assets
$12M
1/10 repeat fundersgrants exceed reported revenue in one year
01What it does

What North Carolina Community Colleges Foundation does

Mission

The North Carolina Community Colleges Foundation, is a nonpartisan, nonprofit organization founded in 1986 to support the mission of the nc community college system.

As stated on its FY2025 Form 990.

Program

  1. The foundation was established to support, promote, and assist the mission of the community colleges system.

    $4,890,543 spentof which $4,560,669 as grants$66,310 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $4,890,543.

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 ($313k) Expenses 100 ($179k) Net assets 100 ($8.7M)2018 Revenue 170 ($533k) Expenses 99 ($176k) Net assets 106 ($9.2M)2019 Revenue 1135 ($3.6M) Expenses 1249 ($2.2M) Net assets 124 ($11M)2020 Revenue 1076 ($3.4M) Expenses 1403 ($2.5M) Net assets 136 ($12M)2021 Revenue 302 ($947k) Expenses 747 ($1.3M) Net assets 147 ($13M)2022 Revenue 610 ($1.9M) Expenses 852 ($1.5M) Net assets 125 ($11M)2023 Revenue 510 ($1.6M) Expenses 1148 ($2.0M) Net assets 122 ($11M)2024 Revenue 510 ($1.6M) Expenses 1016 ($1.8M) Net assets 128 ($11M)2025 Revenue 2328 ($7.3M) Expenses 3280 ($5.9M) Net assets 135 ($12M)
'17'18'19'20'21'22'23'24'25
Revenue (2328)Expenses (3280)Net assets (135)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 2024 to 2025, from $12M to $15M (+26%).

$9.0M
$9.2M
$11M
$12M
$13M
$11M
$11M
$12M
$15M
'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

67% of NORTH CAROLINA COMMUNITY COLLEGES 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. 3 of the last 9 reported years ran a deficit.

$135k
’17
$356k
’18
$1.3M
’19
$866k
’20
−$388k
’21
$390k
’22
−$451k
’23
−$217k
’24
$1.4M
’25
7.0
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

Katie Loovis

Executive director

Board chair

Donny Hicks

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed202431313128272421
Joined·+10+11+0+3+4+4+3+1
No longer listed·64037564
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income fell $1.0M → $330k.

6 of 10 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 83% 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 COMMUNITY COLLEGES FOUNDATION’s funders (the co-funder graph). 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 COMMUNITY COLLEGES FOUNDATION leans on a few funders — its largest provides 41% of grant income and the top three 88%; half comes from just 2 funders.

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

83% 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 COMMUNITY COLLEGES FOUNDATION.

41%
largest funder
88%
top three
~3
effective funders

Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2023 100% — broadly stable.

“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.

Where its funders are

83% of NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION'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 $695k that is directly attributable, 50% of it comes from funders outside North Carolina, across 2 states.

MN
NC

Funder states come from each funder’s own filing. $3.3M arriving through sponsors registered in 5 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 COMMUNITY COLLEGES FOUNDATION runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin20% · top quartile
Months of reserve7.0mo · above the median
Revenue growth (annualized)48% · top quartile

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

Organizations like NORTH CAROLINA COMMUNITY COLLEGES 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

84% of spending goes to programs.

Program 84%Management 6%Fundraising 10%

Governance

19
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • North Carolina Community College System · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA COMMUNITY COLLEGES 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 NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION?
NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION (North Carolina) receives grants from 10 organizations whose IRS filings report $3,976,175 to it, the largest being FOUNDATION FOR THE CAROLINAS ($1,630,000). 1 of them have funded it in more than one year, and 83% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION have?
IRS filings report 10 organizations giving $3,976,175 in grants to NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION?
FOUNDATION FOR THE CAROLINAS is the largest funder on record, with $1,630,000 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA COMMUNITY COLLEGES 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 10 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