North Carolina · Nonprofit
WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION
WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION (North Carolina) receives grants from 58 organizations whose IRS filings report $5,186,215 to it, the largest being MANN FOUNDATION INC ($750,000). 30 of them have funded it in more than one year.
- Revenue FY2025
- $7.8M
- Funders on record
- 58
- Grants received
- $5.2M
- Net assets
- $35M
What Wake Technical Community College Foundation does
Mission
The wake tech foundation partners with private entities and individuals to raise awareness, financial resources, and other assets in support of wake technical community college's mission, goals, and funding priorities.
As stated on its FY2025 Form 990.
Programs
Scholarships are monetary awards to students and may be earmarked to assist diploma, certificate, or associate degree students in any curriculum program or continuing education, and may be based on financial need or academic merit according to donor preference. Both the curriculum and continuing education scholarships are awarded through an online scholarship anonymous application process. Student scholarships range from $100 - $3,000 per year and funding is provided by corporations, individuals, grants and foundations.
$3,133,679 spentof which $1,177,684 as grants88% of program spendingFostering bright futures (fbf) program is a public-private partnership that addresses the overwhelming need for a comprehensive support structure to assist foster youths in making the transition from the wake county foster care system to independent young adulthood. The objective of the fbf program is to eliminate the barriers that would typically derail those graduates from meeting educational and life goals by providing financial, academic, and social support. Funding is provided by corporations, individuals, civic clubs, grants and foundations.
$334,052 spentof which $89,596 as grants$231,117 earned by the program9% of program spendingTuition assistance program allows wake tech faculty and staff to stay current and pursue advanced degrees, career credentials, and professional development. Leadership development grants foster collaboration and encourage creative ideas. Employees must submit an application for pre-approval prior to the semester/term of enrollment.
$94,895 spentof which $94,895 as grants3% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $3,562,626.
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.
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 $20M to $26M (+28%).
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.
Government-grant reliance: 2021 2% · 2022 1% · 2023 1% · 2024 1%. Grants only. Government contracts and fees sit inside program revenue.
70% of WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
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.
Board chair
Will Smith
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 8 funders to 21 funders, grant income rose $145k → $625k.
13 of 58 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 18% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $526k from 5 payers (the payer shares this organization's board, largest Foundation for the Carolinas). These are real filings, and they are not money WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION raised.
From the IRS filings of WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION’s funders (the co-funder graph). Top 30 of 58 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
WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION has a broad base — no single funder exceeds 14% of grant income, and it takes 5 funders to reach half.
the vertical line marks half of all grant income — 5 funders to its left
44% 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 WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION.
Largest funder’s share by year: 2017 69% · 2018 38% · 2019 34% · 2020 34% · 2021 23% · 2022 50% · 2023 40% — 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
47% of WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION's funders are still giving 3 years after their first grant; 52% give in more than one year at all.
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
62% of WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION's grant income comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $923k arriving through sponsors registered in 12 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.
Against its field
WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION runs a healthier operating margin than three-quarters of the 9,615 education nonprofits its size.
this organization peer median middle 50% of peers· 9,615 education nonprofits $1M–$10M, FY2025
Organizations like WAKE TECHNICAL COMMUNITY COLLEGE 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- Ls Selma LLC · disregarded
- Wake Technical Community College · exempt
- Wake Tech Innovations Inc · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for WAKE TECHNICAL COMMUNITY COLLEGE 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.
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 WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION?
- WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION (North Carolina) receives grants from 58 organizations whose IRS filings report $5,186,215 to it, the largest being MANN FOUNDATION INC ($750,000). 30 of them have funded it in more than one year.
- How many funders does WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION have?
- IRS filings report 58 organizations giving $5,186,215 in grants to WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION, 30 of which have funded it in more than one year.
- Who is the largest funder of WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION?
- MANN FOUNDATION INC is the largest funder on record, with $750,000 in grants. The full list of funders is on this page.
- How can an organization like WAKE TECHNICAL COMMUNITY COLLEGE 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 Wake Technical Community College →
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 58 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 22, 2026. What this page cannot tell you · view filing