GrantAuthority

North Carolina Textile Foundation Inc

Grantmaking foundation in Raleigh, North Carolina · EIN 56-6045324

Total giving
$2.4MTax year 2025
Total assets
$100MLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

TO ADVANCE WILSON COLLEGE OF TEXTILES THROUGH ENGAGEMENT, PARTNERSHIP AND PHILANTHROPY. AS A CHARITABLE ORGANIZATION, THE FOUNDATION SUPPORTS THE COLLEGE AND DEAN OF THE COLLEGE AND SUCH SUPPORT SHALL INCLUDE BUT IS NOT LIMITED TO PROVIDING FUNDS FOR SCHOLARSHIPS TO DESERVING UNDERGRADUATE AND GRADUATE STUDENTS; RECRUITMENT AND RETENTION OF HIGHLY QUALIFIED STUDENTS, EDUCATORS AND RESEARCHERS; AND PLACEMENT OF GRADUATES. THE FOUNDATION ALSO ASSISTS IN THE ACQUISITION AND MAINTENANCE OF STATE-OF-THE-ART EQUIPMENT AND FACILITIES FOR RESEARCH AND EDUCATION.

Quoted from the foundation's IRS filing.

Giving by year

$2.3M2020
$1.2M2021
$1.4M2022
$1.5M2023
$1.8M2024
$2.4M2025

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
Nc State University College of Textiles$1.5M2022

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

Website: www.textiles.ncsu.edu/giving/nc-textile-found

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