Public nonprofit record
COLLEGE FOUNDATION INC
EIN 56-6046937 · Education (B0282)
What they do
Our Work Today Makes A Better Tomorrow By Empowering People to Achieve Their Academic Goals. At June 30, 2025, The Foundation Was Servicing A Loan Portfolio Valued At $167,630,987 and Administering North Carolinas National College Savings Program With A Portfolio Valued At $4,035,246,211. During The Tax Year Ended June 30, 2025, Students Used The CFNC.org Website to Submit 402,370 Applications to NC Colleges, 337,268 Students Used The Residency Determination Service, and The Foundation Disbursed $292,487,646 In State Grants.
Money
Tax year 2024Financial picture
Revenue$31,717,688
Expenses$32,113,959
Assets$55,777,315
Income$32,339,208
Contributions$1,300
Management$2,385,135
Executive compensation$688,815
Stocks and bonds$23,397,130
Accounting fees$196,104
Investing fees$29,591
About this charity
- Recognized since
- January 2003
- Location
- 2917 Highwoods Blvd, Raleigh, NC 27604
- County
- Wake
- In care of
- Kevin Bartholomew
- Primary officer
- Kevin Bartholomew, V.P. - Financial Services
How to reach them
Filing and classification
- Latest tax year
- 2024
- Tax period began
- July 1, 2024
- Return type
- 990
- NTEE classification
- Education (B0282)
- IRS tax category
- Other Management Consulting Services
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
- 17
- Activity
- 041000000
- Organization
- 1
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