North Carolina foundations

Name: Top 10 Foundations in North Carolina
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

There are 3,902 foundations and grantmaking organizations in North Carolina. Combined, these North Carolinianfoundations employ 1,173 people, earn more than $4 billion in revenue each year, and have assets of $21 billion.

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List of North Carolina foundations
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Employment
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Types of foundations in North Carolina

Nonprofit type	Number	Employees	Revenues	Assets
Private foundations	2,816	122	$2,708,583,739	$14,915,470,564
Grantmaking public charity foundations	495	473	$882,605,682	$5,579,896,619
Organizations supporting multiple foundations	98	1	$2,365,913	$13,034,952
Community foundations	63	399	$613,246,361	$4,433,610,748
Corporate foundations	51	0	$351,354,059	$543,716,921
Organizations supporting a single foundation	28	0	$27,265,333	$90,092,031
Foundation alliances and advocates	12	11	$2,006,812	$2,964,043
Foundation professional societies	4	0	$0	$0
Foundation technical and management assistance providers	2	16	$4,243,094	$2,382,303

Showing 9 of 9 categories

Foundations by major North Carolina cities

Metro area	Nonprofits	Employees	Revenues	Assets
Charlotte	883	308	$1,180,244,546	$8,568,293,843
Raleigh	549	188	$286,862,628	$1,741,312,036
Greensboro	329	126	$191,796,140	$2,169,114,056
Durham	318	99	$316,359,789	$2,669,924,736
Winston-Salem	273	122	$180,516,095	$1,910,814,702
Asheville	189	152	$1,155,984,871	$1,704,645,832
Wilmington	127	21	$21,315,457	$267,011,705
Fayetteville, NC	111	15	$22,330,015	$147,219,453
Hickory	97	45	$24,308,250	$177,753,124
Greenville, NC	53	10	$28,551,863	$134,695,176

Showing 10 of 17 metros

Job trends for North Carolina foundations

Employees per organization	Number of organizations
0	249
1-10	89
11-25	13
26-100	9
101 to 1,000	2
1,000+	0

Key takeaways for employment stats:

Employment in North Carolina foundations is driven by large organizations like Foundation for the Carolinas, United Way of Asheville and Buncombe County, Jewish Federation of Raleigh-Cary, United Way of Central Carolinas, and United Way of Forsyth County.

Sizes of foundations in North Carolina

Revenues per organization	Number of organizations
< $250k	2,003
$250k to $1M	314
$1M to $5M	163
$5M to $25M	47
$25M to $100M	15
$100M+	5

Key takeaways for revenue stats:

Large organizations like Dogwood Health Trust, Foundation for the Carolinas, Duke Endowment, The Bank of America Charitable Foundation, and Leon Levine Foundation earn the majority of revenues among nonprofits in North Carolina foundations.
Organizations with less than $1 million in revenue account for 6.0% of combined nonprofit revenues, whereas organizations in North Carolina foundations with more than $100 million account for 51.1% of nonprofit earnings.

Directory of foundations in North Carolina

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1-10 of 3,902

Foundation for the Carolinas

Inspiring philanthropy and strengthening our region through innovative community initiatives and quality services to donors and constituents. Foundation For The Carolinas is a nonprofit community foundation serving donors and a broad range of charitable...

Revenue

$289.7m

Assets

$2.1b

Employees

139

EIN

56-6047886

IRS type

501(c)(3)

Gambrell Foundation

Gambrell Foundation is a private foundation in Charlotte, NC, which was founded in 1999 and most recently had $7,315,673 in revenue and no employees.

Revenue

$7.3m

Assets

$126.4m

Employees

N/A

EIN

56-2120679

IRS type

501(c)(3)

Duke Endowment

The Duke Endowment works to help people and strengthen communities in North Carolina and South Carolina by nurturing children, promoting health, educating minds and enriching spirits.

Revenue

$244.6m

Assets

$2.8b

Employees

N/A

EIN

56-0529965

IRS type

501(c)(3)

Gaston Community Foundation

The Community Foundation is the leading steward of philanthropic giving by connecting donors with community needs to enhance the lives of present and future generations.

Revenue

$6.5m

Assets

$92.7m

Employees

EIN

58-1340834

IRS type

501(c)(3)

United Way of Central Carolinas

The mission of United Way of Central Carolinas is to improve lives by mobilizing the caring power of their community.

Revenue

$38.1m

Assets

$33.9m

Employees

EIN

56-0529948

IRS type

501(c)(3)

The Cannon Foundation

The Cannon Foundation is a private foundation in Concord, NC, which was founded in 1948 and most recently had $18,756,250 in revenue and no employees.

Revenue

$18.8m

Assets

$248.2m

Employees

N/A

EIN

56-6042532

IRS type

501(c)(3)

John M Belk Endowment (JMBE)

John M Belk Endowment's goal is to empower today's workforce by creating pathways to and through postsecondary education for underrepresented students in North Carolina.

Revenue

$32.4m

Assets

$345.4m

Employees

N/A

EIN

56-1954114

IRS type

501(c)(3)

Cherokee Preservation Foundation

To increase the quality of life of the eastern band of Cherokee indians and strengthen the western north carolina region. To protect, preserve, and enhance the overall well-being of the Cherokee people.

Revenue

$7.5m

Assets

$39.6m

Employees

EIN

56-2272253

IRS type

501(c)(3)

Weaver Foundation

Weaver Foundation is a corporate foundation in Greensboro, NC, which was founded in 1968 and most recently had $6,003,131 in revenue and no employees.

Revenue

$6.0m

Assets

$23.5m

Employees

N/A

EIN

56-6093527

IRS type

501(c)(3)

Davie Community Foundation

Davie Community Foundation is a community foundation in Mocksville, NC whose mission is: To promote philanthropy in the Community.

Revenue

$7.6m

Assets

$17.9m

Employees

EIN

58-1850531

IRS type

501(c)(3)

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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990 or 990PF with the IRS. We exclude Form 990EZ and Postcard filers, which are high in number but very small in size. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.

This category corresponds to the "T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.

North Carolina foundations

Types of foundations in North Carolina

Foundations by major North Carolina cities

Job trends for North Carolina foundations

Sizes of foundations in North Carolina

Directory of foundations in North Carolina

Foundation for the Carolinas

Gambrell Foundation

Duke Endowment

Gaston Community Foundation

United Way of Central Carolinas

The Cannon Foundation

John M Belk Endowment (JMBE)

Cherokee Preservation Foundation

Weaver Foundation

Davie Community Foundation

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