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North Carolina · Nonprofit

THE ELIZABETH CITY STATE UNIV FOUNDATION

THE ELIZABETH CITY STATE UNIV FOUNDATION (North Carolina) receives grants from 40 organizations whose IRS filings report $2,397,153 to it, the largest being CENTRAL INTERCOLLEGIATE ATHLETIC ASSOC ($516,967). 13 of them have funded it in more than one year.

Revenue FY2025
$3.2M
Funders on record
40
Grants received
$2.4M
Net assets
$4.2M
13/40 repeat funderspeak grant-dependency 15%
01What it does

What The Elizabeth City State Univ Foundation does

Mission

Governed by a 20 member board, the foundation's purpose is to aid, support and promote teaching, research and services in the various educational, scientific, scholarly, professional, artistic and creative endeavors of the university. The ecsu foundation is committed to enduring the future of the university by building ecsu's endowment to provide for its need in perpetuity. The investment and annual reinvestment, allowed at a higher rate of return than other reserve funds, of the ecsu foundation endowment allows the university to increase its impact on the region as well as the capacity to meet the needs of the students it serves.

As stated on its FY2025 Form 990.

Programs

  1. Provided funding to university for dormitory renovations.

    $105,990 spentof which $105,990 as grants
    6% of program spending
  2. The ecsu foundation provided scholarships to students at elizabeth city state university.

    $467,375 spentof which $467,375 as grants
    26% of program spending
  3. Provided housing for students of elizabeth city state university through vikings village apartments.

    $1,230,882 spent$841,936 earned by the program
    68% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,804,247.

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 ($1.5M) Expenses 100 ($1.0M) Net assets 100 ($8.6M)2018 Revenue 114 ($1.7M) Expenses 207 ($2.2M) Net assets 96 ($8.3M)2019 Revenue 132 ($2.0M) Expenses 403 ($4.2M) Net assets 69 ($5.9M)2020 Revenue 182 ($2.8M) Expenses 176 ($1.8M) Net assets 79 ($6.8M)2021 Revenue 182 ($2.8M) Expenses 907 ($9.4M) Net assets 14 ($1.2M)2022 Revenue 216 ($3.3M) Expenses 288 ($3.0M) Net assets -3 ($-274092)2023 Revenue 176 ($2.7M) Expenses 237 ($2.5M) Net assets 12 ($1.1M)2024 Revenue 220 ($3.4M) Expenses 233 ($2.4M) Net assets 32 ($2.8M)2025 Revenue 207 ($3.2M) Expenses 227 ($2.4M) Net assets 49 ($4.2M)
'17'18'19'20'21'22'23'24'25
Revenue (207)Expenses (227)Net assets (49)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2018 to 2019, from $21M to $16M (−24%).

$21M
$21M
$16M
$17M
$21M
$19M
$20M
$21M
$23M
'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

Government-grant reliance: 2023 1% · 2024 3% · 2025 3%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

$484k
’17
−$415k
’18
−$2.2M
’19
$943k
’20
−$6.7M
’21
$296k
’22
$213k
’23
$931k
’24
$796k
’25
27
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

Kevin Wade

Executive director/non-voting member

Board chair

Kimrey Rhinehardt

Chairman

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2017 and FY2018, and between the FY2022 and FY2023, and between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed181919211822202020
Joined·+10+1+6+7+4+7+4+6
No longer listed·914100946
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 4 funders to 11 funders, grant income rose $123k → $284k.

10 of 40 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 21% 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 THE ELIZABETH CITY STATE UNIV FOUNDATION’s funders (the co-funder graph). Top 30 of 40 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

THE ELIZABETH CITY STATE UNIV FOUNDATION has a broad base — no single funder exceeds 22% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

85% 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 THE ELIZABETH CITY STATE UNIV FOUNDATION.

22%
largest funder
44%
top three
~10
effective funders

Largest funder’s share by year: 2017 84% · 2018 53% · 2019 89% · 2020 49% · 2021 39% · 2022 31% · 2023 32% — 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

33% of THE ELIZABETH CITY STATE UNIV FOUNDATION's funders are still giving 3 years after their first grant; 33% 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

THE ELIZABETH CITY STATE UNIV FOUNDATION draws 56% of its grant income from funders outside North Carolina, across 14 states in all.

MN
NY
IN
PA
NJ
CT
CA
CO
MO
VA
TN
NC
DC
TX

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. $495k arriving through sponsors registered in 8 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

Organizations like THE ELIZABETH CITY STATE UNIV 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

77% of spending goes to programs.

Program 77%Management 23%Fundraising 0%

Governance

17
board members
94%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

82%

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

Footprint & structure

Part of a family of 2 related entities

  • Ecsu Housing Foundation · disregarded
  • Elizabeth City State University · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE ELIZABETH CITY STATE UNIV 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 THE ELIZABETH CITY STATE UNIV FOUNDATION?
THE ELIZABETH CITY STATE UNIV FOUNDATION (North Carolina) receives grants from 40 organizations whose IRS filings report $2,397,153 to it, the largest being CENTRAL INTERCOLLEGIATE ATHLETIC ASSOC ($516,967). 13 of them have funded it in more than one year.
How many funders does THE ELIZABETH CITY STATE UNIV FOUNDATION have?
IRS filings report 40 organizations giving $2,397,153 in grants to THE ELIZABETH CITY STATE UNIV FOUNDATION, 13 of which have funded it in more than one year.
Who is the largest funder of THE ELIZABETH CITY STATE UNIV FOUNDATION?
CENTRAL INTERCOLLEGIATE ATHLETIC ASSOC is the largest funder on record, with $516,967 in grants. The full list of funders is on this page.
How can an organization like THE ELIZABETH CITY STATE UNIV 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 40 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