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North Carolina · Nonprofit

Southwestern Community College Foundation Inc

Southwestern Community College Foundation Inc (North Carolina) receives grants from 16 organizations whose IRS filings report $1,298,359 to it, the largest being NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION ($392,765). 10 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
16
Grants received
$1.3M
Net assets
$10M
10/16 repeat funderspeak grant-dependency 87%
01What it does

What Southwestern Community College Foundation Inc does

Mission

The Foundation, through its initiatives, partners with Southwestern Community College in its efforts to offer high-quality, innovative instruction and support, which promotes student achievement, academic excellence, and economic development.

As stated on its FY2025 Form 990.

Programs

  1. Hurricane Helene Relief Effort: Western North Carolina is still rebuilding from the devastation of Hurricane Helene in September 2024. Several SCC students lost family members, possessions, and even their homes during the storm. Despite communication and power outages throughout the region, SCC joined with local communities to raise and distribute over $50,000 to students in need. Many of these students have said that, without these funds, they would not have been able to continue their education.

    $333,478 spentof which $287,297 as grants
    100% of program spending
  2. General Scholarship Support: Southwestern Community College Foundation was established in 1973. It exists solely to support the mission of SCC and is governed by a Board of Directors. The Foundation receives unrestricted gifts through the Southwestern Community College Annual Fund to support students and the mission of the College. In addition, the Foundation solicits contributions from individuals, foundations and companies to establish endowed Named Scholarships, as well as provide Annual Scholarships. For the academic year 2025/2026, 264 student scholarships were awarded at a value of over $418,000, a 58% increase from the previous year. This is the third year in a row that we have broken previous records. Financial gifts to the Foundation allow SCC to maintain a level of excellence beyond that provided by state and local financial support. These gifts help fund many of the essentials

  3. of education and allow SCC to keep pace with the ever-expanding needs of our community. It also enables us to support our faculty and staff in several ways, resulting in teaching and student support excellence. Gala: Since 2014, the annual SCC Boots, Blue Jeans & Bling Gala has raised more than $900,000 for student scholarships. The Gala has become the preeminent fundraising event in our service region. We are thrilled to report that this event has sold out for the past two years. This special evening is held in the Event Center presented by generous benefactor, Harrahs Cherokee Casino Resorts. In 2024, over $164,000 was raised for student scholarships, a 3% increase from the previous year. We are returning to the Event Center for our next Gala, which is scheduled for September 27.

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $333,478.

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 ($430k) Expenses 100 ($255k) Net assets 100 ($5.1M)2018 Revenue 92 ($396k) Expenses 76 ($195k) Net assets 108 ($5.6M)2019 Revenue 83 ($359k) Expenses 112 ($285k) Net assets 113 ($5.8M)2020 Revenue 97 ($416k) Expenses 114 ($292k) Net assets 116 ($6.0M)2021 Revenue 468 ($2.0M) Expenses 125 ($319k) Net assets 149 ($7.7M)2022 Revenue 258 ($1.1M) Expenses 107 ($273k) Net assets 129 ($6.7M)2023 Revenue 134 ($575k) Expenses 116 ($296k) Net assets 148 ($7.6M)2024 Revenue 202 ($870k) Expenses 128 ($327k) Net assets 173 ($8.9M)2025 Revenue 255 ($1.1M) Expenses 156 ($399k) Net assets 198 ($10M)
'17'18'19'20'21'22'23'24'25
Revenue (255)Expenses (156)Net assets (198)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 $6.0M to $7.7M (+28%).

$5.1M
$5.6M
$5.8M
$6.0M
$7.7M
$6.7M
$7.6M
$8.9M
$10M
'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

54% of Southwestern 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. 0 of the last 9 reported years ran a deficit.

$175k
’17
$201k
’18
$74k
’19
$124k
’20
$1.7M
’21
$836k
’22
$279k
’23
$543k
’24
$700k
’25
33
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

Evan Hatch

Executive Director

Board chair

Diane Sherrill

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed212019212122222120
Joined·+0+0+8+2+6+1+1+1
No longer listed·11625122
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 7 funders, grant income rose $21k → $138k.

7 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% 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 Southwestern Community College Foundation Inc’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

Southwestern Community College Foundation Inc has a broad base — no single funder exceeds 30% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

65% 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 Southwestern Community College Foundation Inc.

30%
largest funder
63%
top three
~6
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 78% · 2020 55% · 2021 87% · 2022 68% · 2023 75% — 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

44% of Southwestern Community College Foundation Inc's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y

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

90% of Southwestern Community College Foundation Inc's grant income comes from North Carolina funders.

NC
LA
GA

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. $143k 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

Southwestern Community College Foundation Inc runs a healthier operating margin than three-quarters of the 9,398 education nonprofits its size.

Operating margin64% · top quartile
Months of reserve32.9mo · top quartile
Revenue growth (annualized)12% · above the median

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

Organizations like Southwestern 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

84% of spending goes to programs.

Program 84%Management 16%Fundraising 0%

Governance

19
board members
89%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

68%

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

  • Southwestern Community College · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Southwestern 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 Southwestern Community College Foundation Inc?
Southwestern Community College Foundation Inc (North Carolina) receives grants from 16 organizations whose IRS filings report $1,298,359 to it, the largest being NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION ($392,765). 10 of them have funded it in more than one year.
How many funders does Southwestern Community College Foundation Inc have?
IRS filings report 16 organizations giving $1,298,359 in grants to Southwestern Community College Foundation Inc, 10 of which have funded it in more than one year.
Who is the largest funder of Southwestern Community College Foundation Inc?
NORTH CAROLINA COMMUNITY COLLEGES FOUNDATION is the largest funder on record, with $392,765 in grants. The full list of funders is on this page.
How can an organization like Southwestern 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 16 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