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TRIANGLE EDUCATIONAL ADVANCEMENT FOUNDATION

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Public nonprofit record

TRIANGLE EDUCATIONAL ADVANCEMENT FOUNDATION

EIN 56-1803864 · Education (B)

What they do

THE TRIANGLE EDUCATIONAL ADVANCEMENT FOUNDATION is A 501(C)3 NON-PROFIT ORGANIZATION THAT WAS ESTABLISHED IN 1994 to OVERSEE THE JOHN WALL HOLIDAY INVITATIONAL BASKETBALL TOURNAMENT and to PROVIDE SCHOLARSHIPS to TRIANGLE AREA HIGH SCHOOL STUDENTS. THE JOHN WALL HOLIDAY INVITATIONAL TOURNAMENT HAS BECOME A HOLIDAY TRADITION for THE TRIANGLE COMMUNITY and HAS PROVIDED LIFELONG ATHLETIC EXPERIENCES for PLAYERS, COACHES and FANS. THE PROCEEDS of THE TOURNAMENT and THE GENEROUS ANNUAL GIFT FROM THE JOHN WALL FAMILY FOUNDATION HAVE MADE IT POSSIBLE for THE TRIANGLE EDUCATIONAL ADVANCEMENT FOUNDATION to HAVE AWARDED MORE THAN $1 MILLION IN SCHOLARSHIPS. IN 2009 THE FOUNDATION ESTABLISHED NEW CRITERIA for THE SCHOLARSHIPS IN ORDER to MAKE A BIGGER IMPACT ON THE WINNERS. STUDENTS FROM 43 PUBLIC SCHOOLS IN THE TRIANGLE ARE NOW ELIGIBLE to RECEIVE ONE of THE TEN SCHOLARSHIPS IN THE AMOUNT of $5000 THAT GOES TOWARDS THEIR COLLEGE EDUCATION DURING THEIR FRESHMAN YEAR of COLLEGE.

Money

Financial picture

Tax year 2024
Revenue$384,180
Expenses$347,210
Assets$131,220
Income$384,180
Contributions$132,900
Management$80,576

About this charity

Recognized since
January 1994
Location
CO CHRIS SMITH 5405 PEACENEST DR, RALEIGH, NC 27610
County
Wake
In care of
CHRISTOPHER B SMITH
Primary officer
CHRISTOPHER B SMITH, SECRETARY & TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
EAG TRIANGLE LLC
NTEE classification
Education (B)
IRS tax category
Education
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
16
Activity
040301000
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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