GrantAuthority

North Carolina Central University Foundation Inc

Grantmaking foundation in Durham, North Carolina · EIN 23-7410301

Total giving
$11MTax year 2025
Total assets
$64MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

THE MISSION OF THE NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION, INC., IS TO FOSTER AND PROMOTE THE GROWTH OF HIGHER EDUCATION IN NORTH CAROLINA AND SPECIFICALLY NORTH CAROLINA CENTRAL UNIVERSITY BY WHATEVER NAME IT MAY BE DESIGNATED, AND TO THAT END TO ENCOURAGE, SOLICIT, RECEIVE AND ADMINISTER GIFTS AND BEQUESTS OF PROPERTY AND TO HOLD IN TRUST ANY PROPERTY, REAL AND PERSONAL GIVEN, DEVISED, BEQUEATHED, GIVEN IN TRUST OR IN ANY OTHER WAY MADE OVER TO SAID CORPORATION FOR THE USE OR BENEFIT OF NORTH CAROLINA CENTRAL UNIVERSITY; TO INVEST OR DISBURSE ALL MONIES RECEIVED, AND GENERALLY TO CARE FOR, MANAGE, ADMINISTER AND CONTROL ALL SUCH PROPERTY RECEIVED, AND TO CARRY OUT THE WISHES AND TO SEE THAT THE FUNDS AND PROPERTY SO RECEIVED, AND TO CARRY ALLOWABLE DESIGNATIONS OF THE DONORS, AND TO PERFORM ANY ACTS AND EXPEND FUNDS NOT SPECIFICALLY DESIGNATED, IN ANY MANNER IN WHICH THE CORPORATION'S BOARD OF DIRECTORS SHALL DETERMINE WILL BE BENEFICIAL TO THE UNIVERSITY.

Quoted from the foundation's IRS filing.

Giving by year

$3M2020
$5.1M2021
$4.8M2022
$12M2023
$16M2024
$11M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
North Carolina Central University$4.7M2021

Amounts are rounded. The full grantee list is available with a free account.

Website: www.nccu.edu/ia/foundation.cfm

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Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.