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North Carolina · Nonprofit

NORTH CAROLINA VETERANS FOUNDATION

NORTH CAROLINA VETERANS FOUNDATION (North Carolina) receives grants from 3 organizations whose IRS filings report $50,500 to it, the largest being WAKEMED ($50,000). 1 of them have funded it in more than one year.

Revenue FY2025
$369k
Funders on record
3
Grants received
$51k
Net assets
$181k
1/3 repeat funderspeak grant-dependency 0%
01What it does

What North Carolina Veterans Foundation does

Programs

  1. Thirty percent (30%): identifying and creating opportunities for collaboration between key stakeholders from military, industry, and government that improves the lives of our nation's veterans. This will be done on an ongoing basis by the board of directors and by individuals contracted to lead North Carolina Veterans Foundation intiatives

    $85,031 spent
  2. Thirty percent (30%): working with senior military officers, industry executives, and elected officials at the state and national level to promote programs that broaden access to services for veterans. This includes being a resource for apolitical and unbiased descriptions of veterans' most pressing post-service needs and the most promising ways to address them

    $85,031 spent
  3. Thirty percent (30%): hosting events that bring together key stakeholders from military, industry, and government to identify and implement solutions to workforce challenges faced by transitioning service members. Examples of these events include the north carolina veterans' transitions roundtable (described above) and North Carolina Veterans Foundation board meetings

    $85,031 spent
  4. Ten percent (10%): advising critical research and academic efforts supporting veterans' workforce, financial, and medical needs. This activity include advising north carolina's universities and community colleges in their efforts to develop programming targeted at veterans, in addition to advising individual research projects directly relevant to veterans

    $28,342 spent

The 4 programs described on its FY2024 Form 990-PF.

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 ($241k) Expenses 100 ($154k) Net assets 100 ($102k)2018 Revenue 74 ($178k) Expenses 104 ($160k) Net assets 118 ($120k)2019 Revenue 140 ($336k) Expenses 185 ($284k) Net assets 168 ($172k)2020 Revenue 110 ($265k) Expenses 150 ($230k) Net assets 202 ($207k)2021 Revenue 82 ($198k) Expenses 159 ($245k) Net assets 157 ($160k)2022 Revenue 72 ($174k) Expenses 162 ($249k) Net assets 83 ($85k)2023 Revenue 119 ($286k) Expenses 175 ($269k) Net assets 99 ($102k)2024 Revenue 115 ($278k) Expenses 184 ($283k) Net assets 94 ($96k)2025 Revenue 153 ($369k) Expenses 184 ($283k) Net assets 177 ($181k)
'17'18'19'20'21'22'23'24'25
Revenue (153)Expenses (184)Net assets (177)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 $116k to $205k (+77%).

$110k
$133k
$186k
$218k
$180k
$113k
$123k
$116k
$205k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

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.

The chief executive listed changed between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24'25
Listed7555714111414
Joined·+2+1+0+4+9+0+3+5
No longer listed·41022305
03Who funds it

Who funds it, year by year

2020 → 2022: the base held at 1 funder, grant income rose $20 → $40.

Funder
'20
'21
'22
'25*
'26*
total
$50k
funders
1
1
1
1
1

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% 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 VETERANS FOUNDATION’s funders (the co-funder graph). Top 2 of 3 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 VETERANS FOUNDATION leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% 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 VETERANS FOUNDATION.

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 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

100% of NORTH CAROLINA VETERANS FOUNDATION's grant income comes from North Carolina funders.

NC

In-state vs out-of-state, by year

’20
’21
’22
North Carolina out of state home

Funder states come from each funder’s own filing. 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 VETERANS FOUNDATION's funding has concentrated — grant income rose while the number of funders held roughly flat.

Months of reserve4.8mo · below the median
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 1,934 public benefit nonprofits $100k–$1M, FY2025

Organizations like NORTH CAROLINA VETERANS 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.

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA VETERANS 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.

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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 NORTH CAROLINA VETERANS FOUNDATION?
NORTH CAROLINA VETERANS FOUNDATION (North Carolina) receives grants from 3 organizations whose IRS filings report $50,500 to it, the largest being WAKEMED ($50,000). 1 of them have funded it in more than one year.
How many funders does NORTH CAROLINA VETERANS FOUNDATION have?
IRS filings report 3 organizations giving $50,500 in grants to NORTH CAROLINA VETERANS FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA VETERANS FOUNDATION?
WAKEMED is the largest funder on record, with $50,000 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA VETERANS 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.

Play a game about who funds North Carolina Veterans →

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 3 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