NORTH CAROLINA COMMUNITY FOUNDATION Charity Report

Public IRS 990 nonprofit record

NORTH CAROLINA COMMUNITY FOUNDATION

EIN 58-1661700 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

THE NCCF is THE SINGLE STATEWIDE COMMUNITY FOUNDATION SERVING NORTH CAROLINA and WAS CREATED IN 1988 to BUILD CAPACITY THROUGH PHILANTHROPY. THE NCCF ADMINISTERS OVER 1,300 COMPONENT FUNDS ESTABLISHED to PROVIDE LONG-TERM SUPPORT of A BROAD RANGE of OUR DONORS PHILANTHROPIC GOALS, INCLUDING COMMUNITY NEEDS, NONPROFIT ORGANIZATIONS and SCHOLARSHIPS ACROSS NORTH CAROLINA, WITH AN EMPHASIS ON UNDERSERVED AREAS. AN IMPORTANT COMPONENT of THE NCCFS MISSION is to ENSURE THAT RURAL PHILANTHROPY HAS A VOICE AT LOCAL, REGIONAL and NATIONAL LEVELS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

28.71%of revenue went to mission work91.7% of expenses · Program services

0.36%of revenue went to fundraising1.1% of expenses

$31.30spent for every $100 of revenueRevenue covered expenses this year.

2.23%of revenue went to management and office costs7.1% of expenses

$12.65in assets for every $1 spent this yearSome assets cannot be spent right away.

83.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $331,829 for JENNIFER TOLLE WHITESIDE (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$143,714,496

Mission workProgram services$41,261,75328.71% of revenue91.7% of expenses

ManagementOffice and general costs$3,209,0452.23% of revenue7.1% of expenses

FundraisingAsking for donations$516,4650.36% of revenue1.1% of expenses

Revenue left after expensesReported annual surplus$98,727,23368.70% of revenueShown in gray on the chart

Total expenses$44,987,26331.30% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.7% mission · 7.1% management · 1.1% fundraisingTotal expenses: 31.30% of revenue

2023Expense mix: 91.3% mission · 7.5% management · 1.2% fundraisingTotal expenses: 81.36% of revenue

2022Expense mix: 92.6% mission · 6.1% management · 1.3% fundraisingTotal expenses: 163.79% of revenue

2021Expense mix: 90.3% mission · 8.0% management · 1.7% fundraisingTotal expenses: 28.51% of revenue

2020Expense mix: 93.7% mission · 5.2% management · 1.1% fundraisingTotal expenses: 71.06% of revenue

2019Expense mix: 90.7% mission · 7.2% management · 2.1% fundraisingTotal expenses: 34.27% of revenue

2018Expense mix: 87.0% mission · 10.4% management · 2.6% fundraisingTotal expenses: 42.48% of revenue

2017Expense mix: 89.5% mission · 8.3% management · 2.2% fundraisingTotal expenses: 59.01% of revenue

Money in and money out

Revenue$143,714,496

Expenses$44,987,263

Annual surplus $98,727,233 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$41,261,753 · 91.7% of expenses

Management and office costs$3,209,045 · 7.1% of expenses

Fundraising$516,465 · 1.1% of expenses

See all reported dollar amounts

Revenue$143,714,496

Expenses$44,987,263

Assets$569,085,346

Income$414,628,842

Contributions$119,978,182

Mission work (program services)$41,261,753

Fundraising$516,465

Grants given$186,769,811

Average grant$36,147

Management and general$3,209,045

Executive compensation (total)$370,823

Stocks and bonds$434,581,749

Accounting fees$58,737

Investing fees$1,156,698

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JENNIFER TOLLE WHITESIDEPRESIDENT & CEO · 40 hrs/week $331,829Base $304,751 · Other $27,078

WILSON SIMMONSCHIEF FINANCIAL & ADMIN · 40 hrs/week $198,170Base $178,767 · Other $19,403

KATHRYN R HOLDINGVP, PHILANTHROPIC SERVICES · 35 hrs/week $170,493Base $149,919 · Other $20,574

DENISE L MARSHALLVP, PEOPLE & CULTURE · 35 hrs/week $161,650Base $144,486 · Other $17,164

SARAH MANN WILLCOXEXECUTIVE DIRECTOR-NCNG · 35 hrs/week $152,360Base $132,559 · Other $19,801

MICHELLE K BRISTOWDIRECTOR OF FINANCE · 35 hrs/week $141,244Base $122,164 · Other $19,080

AMY D BRAUNCHIEF MARKETING & COMMUNIC · 35 hrs/week $129,308Base $113,888 · Other $15,420

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

JENNIFER TOLLE WHITESIDEPRESIDENT & CEO

WILSON SIMMONSCHIEF FINANCIAL & ADMIN

KATHRYN R HOLDINGVP, PHILANTHROPIC SERVICES

DENISE L MARSHALLVP, PEOPLE & CULTURE

SARAH MANN WILLCOXEXECUTIVE DIRECTOR-NCNG

MICHELLE K BRISTOWDIRECTOR OF FINANCE

AMY D BRAUNCHIEF MARKETING & COMMUNIC

JUAN AUSTINDIRECTOR

WILLIAM BRODYDIRECTOR (TERM 9/24)

TODD SEARSDIRECTOR

STEVE W WANGERINDIRECTOR

PETER M BRISTOWDIRECTOR

MARY W WILLISTREASURER

MADHU SHARMADIRECTOR

LEROY DAVIS JRDIRECTOR

KATHARINE H HARDINCHAIR

JOHN W WILLINGHAMVICE CHAIR

JOHN R BRATTONDIRECTOR (TERM 9/24)

JANE THORNEDIRECTOR

JAN HAYESDIRECTOR

HILDA PINNIX-RAGLANDDIRECTOR

F TIMOTHY NICHOLLSSECRETARY

CHARLES LOVELACEDIRECTOR

CATHARINE BIGGS ARROWOODDIRECTOR

ANGELA GAILLIARDDIRECTOR

About this charity

Recognized since: January 1986
Location: 3737 GLENWOOD AVE, RALEIGH, NC 27612-5515
County: Wake
In care of: JENNIFER TOLLE WHITESIDE
Primary officer: JENNIFER TOLLE WHITESIDE, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(919) 828-4387

Filing and classification

Latest tax year: 2024
Tax period began: April 1, 2024
Return type: 990
Tax preparer: CHERRY BEKAERT ADVISORY LLC
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes