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North Carolina Central University Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237410301 ✦ Durham, NC ✦ Designated as a 501(c)(3)

Overview

What is North Carolina Central University Foundation Inc?

North Carolina Central University Foundation Inc is a nonprofit organization that plays a pivotal role in administering scholarship funds and offering support to all departments at North Carolina Central University (NCCU), located in Durham, North Carolina. With a mission to foster and promote the growth of higher education in North Carolina and particularly at NCCU, the Foundation strives to enhance the learning experience for students in the area. Their activities include managing scholarships and providing essential resources to various university departments. Their team, consisting of four dedicated individuals, is dedicated to the cause of nurturing higher education in North Carolina.


Official website here: www.nccu.edu/ia/foundation.cfm

Is North Carolina Central University Foundation Inc legitimate?

North Carolina Central University Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Central University Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $305,820
Professional Fundraising Fees: $0
Other Salaries and Wages: $193,151

For more financial information, click here


Official website here: www.nccu.edu/ia/foundation.cfm

What is the mission statement of North Carolina Central University Foundation Inc?

The North Carolina Central University Foundation Inc is dedicated to fostering and promoting the growth of higher education in North Carolina, with a particular focus on North Carolina Central University. The organization's mission is to administer scholarship funds and provide support to all departments of North Carolina Central University, aiming to foster a thriving academic community. By investing in higher education, the foundation contributes to the development of a skilled and knowledgeable workforce and enhances the overall economic and social fabric of the state. Through its efforts, the foundation plays an essential role in expanding opportunities for students and ensuring the long-term success of North Carolina Central University.


Official website here: www.nccu.edu/ia/foundation.cfm

Who is the CEO of North Carolina Central University Foundation Inc?

Frankie Perry is the Principal Officer of North Carolina Central University Foundation Inc.


Official website here: www.nccu.edu/ia/foundation.cfm

What is the revenue of North Carolina Central University Foundation Inc?

North Carolina Central University Foundation Inc's revenue in 2022 was $14,481,388.


Official website here: www.nccu.edu/ia/foundation.cfm

Who are the executives of North Carolina Central University Foundation Inc and what are their salaries?

The average compensation at North Carolina Central University Foundation Inc during 2022 was $124,743. There are 4 employees and 18 volunteers at North Carolina Central University Foundation Inc.

Here are 19 key members and their salaries:

    Ernest Jenkins (Vice President/Executive Director)
  • Compensation: $243,181
  • Related: $0
  • Other: $5,884

    • Paula Hubbard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • D Carr Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Floyd Benjamin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cornelius L Best (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Speed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoffrey Hudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Travis Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Stafford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Garland R Avent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kamaria Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher Boozer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Walker (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnson Akinleye (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gia Soublet Institutional Advanceme (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tomeika A Bowden (Ex-Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frankie J Perry (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James D Williams (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nccu.edu/ia/foundation.cfm

    Where can I find the form 990 for North Carolina Central University Foundation Inc?

    The North Carolina Central University Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nccu.edu/ia/foundation.cfm

    Learn more at the official website: www.nccu.edu/ia/foundation.cfm

    Mission Statement of North Carolina Central University Foundation Inc

    The North Carolina Central University Foundation Inc serves a pivotal role in fostering and promoting the growth of higher education in North Carolina, with a particular focus on North Carolina Central University. Established with a mission to support and advance the academic institution, the Foundation administers scholarship funds and provides essential resources and assistance to various departments within the university. By doing so, it contributes to the overall development and enhancement of higher education in the state.

    Impact

    This information is meant to be a general summary of North Carolina Central University Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    North Carolina Central University Foundation Inc fosters and promotes the growth of higher education in North Carolina, specifically at North Carolina Central University, by administering scholarship funds and providing support to all departments of the university. Their impact is evident in the increased access to quality education for students at NCCU, the development of academic programs, and the overall enhancement of the educational experience at the institution. Through their efforts, the foundation contributes to the continued advancement of higher education in North Carolina and empowers individuals to reach their full potential through education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,340,725
  • Program Service Revenue: $0
  • Gross Receipts: $16,046,105

    • Assets and Liabilities:
  • Total Assets: $41,061,034
  • Total Liabilities: $214,426
  • Net Assets: $40,846,608
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Frankie Perry

    Main Address

    POST OFFICE BOX 52466, DURHAM, NC, 277172466

    NTEE Category

    Code: B110 - Education

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