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North Carolina · Nonprofit

RESEARCH TRIANGLE FOUNDATION OF NC

RESEARCH TRIANGLE FOUNDATION OF NC (North Carolina) receives grants from 1 organization whose IRS filings report $140,000 to it, the largest being DUKE UNIVERSITY ($140,000). 1 of them have funded it in more than one year.

Revenue FY2025
$13M
Funders on record
1
Grants received
$140k
Net assets
$107M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Research Triangle Foundation of Nc does

Mission

To promote university, academic, industry and government collaborations leading to the establishment and maintenance of research, scientific and technology-based facilities within the research triangle and north carolina, creating quality jobs and opportunities for its citizens.

As stated on its FY2025 Form 990.

Programs

  1. Provide for the upkeep of rtp assets and infrastructure to enhance the park's reputation as an innovative and dynamic environment and to promote and foster research facilities in the 7,000 acre research triangle park.

    $8,449,240 spentof which $14,500 as grants$12,429,940 earned by the program
    43% of program spending
  2. Provide for the promotion of programs for the rtp community and triangle region.

    $7,392,095 spent$88,857 earned by the program
    37% of program spending
  3. Park center 100 acres redevelopment provides innovators to come together to be inspired, provide a place for leaders in technology, science, the arts and the humanities to collaborate and create jobs and a better future for all north carolinians. The development includes retail, residential and office amenities with a plethora of public parks and space that will be used by entrepreneurs and north carolinians.

    $3,186,828 spent$120,000 earned by the program
    16% of program spending
  4. Programming and events that unite all points of the research triangle via a cultivation of topics and local speakers from the three founding universities, companies and the communities at large.

    $686,848 spent
    3% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $19,715,011.

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.

100 = 20172017 Revenue 100 ($11M) Expenses 100 ($5.3M) Net assets 100 ($88M)2018 Revenue 71 ($7.8M) Expenses 93 ($4.9M) Net assets 90 ($80M)2019 Revenue 163 ($18M) Expenses 56 ($3.0M) Net assets 113 ($100M)2020 Revenue 93 ($10M) Expenses 272 ($14M) Net assets 112 ($99M)2021 Revenue 361 ($40M) Expenses 304 ($16M) Net assets 151 ($133M)2022 Revenue 97 ($11M) Expenses 349 ($18M) Net assets 127 ($112M)2023 Revenue 287 ($32M) Expenses 413 ($22M) Net assets 141 ($124M)2024 Revenue 151 ($17M) Expenses 445 ($24M) Net assets 135 ($119M)2025 Revenue 121 ($13M) Expenses 434 ($23M) Net assets 121 ($107M)
'17'18'19'20'21'22'23'24'25
Revenue (121)Expenses (434)Net assets (121)

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 $157M to $211M (+34%).

$107M
$102M
$142M
$157M
$211M
$219M
$214M
$217M
$206M
'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

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

$5.8M
’17
$2.9M
’18
$15M
’19
−$4.1M
’20
$24M
’21
−$7.7M
’22
$10.0M
’23
−$6.8M
’24
−$9.6M
’25
14
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

Scott Levitan

President & CEO

Board chair

Barbara Mulkey

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed323229313335312630
Joined·+5+5+6+7+5+3+2+5
No longer listed·58453771
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $10k → $15k.

Funder
'22
'23
'24*
'25*
total
Duke Universityunclassified
$140k
funders
1
1
1
1

From the IRS filings of RESEARCH TRIANGLE FOUNDATION OF NC’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.

Where its funders are

100% of RESEARCH TRIANGLE FOUNDATION OF NC's grant income comes from North Carolina funders.

NC

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

’22
’23
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

Organizations like RESEARCH TRIANGLE FOUNDATION OF NC

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

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NC

Part of a family of 6 related entities

  • Park Center East LLC · disregarded
  • Frontier Hub LLC · disregarded
  • Boxyard Rtp LLC · disregarded
  • Horseshoe Rtf Development LLC · disregarded
  • Davis 54 LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for RESEARCH TRIANGLE FOUNDATION OF NC: 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 RESEARCH TRIANGLE FOUNDATION OF NC?
RESEARCH TRIANGLE FOUNDATION OF NC (North Carolina) receives grants from 1 organization whose IRS filings report $140,000 to it, the largest being DUKE UNIVERSITY ($140,000). 1 of them have funded it in more than one year.
How many funders does RESEARCH TRIANGLE FOUNDATION OF NC have?
IRS filings report 1 organization giving $140,000 in grants to RESEARCH TRIANGLE FOUNDATION OF NC, 1 of which have funded it in more than one year.
Who is the largest funder of RESEARCH TRIANGLE FOUNDATION OF NC?
DUKE UNIVERSITY is the largest funder on record, with $140,000 in grants. The full list of funders is on this page.
How can an organization like RESEARCH TRIANGLE FOUNDATION OF NC 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 1 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