Appalachian State University Foundation Inc in Boone, North Carolina (NC)

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Appalachian State University Foundation Inc
Employer Identification Number (EIN)237099379
Name of OrganizationAppalachian State University Foundation Inc
AddressAsu Box 32064 Mckinney Alumni Ctr, Boone, NC 28608-0001
ActivitiesDescribed in section 170(b)1)(a)(vi) of the Code
SubsectionEducational Organization
Ruling Date03/1971
DeductibilityContributions are deductible
FoundationOrganization which operates for benefit of college or university and is owned or operated by a governmental unit
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$50,000,000 to greater
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$106,359,440
Amount of Income$30,614,198
Form 990 Revenue Amount$23,070,274
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Single Organization Support


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Amount of income in 2012: $30,614,198
Appalachian State University Foundation Inc: 

 $30,614,198
Other organizations performing similar types of work: 

 $6,316,681

Assets in 2012: $106,359,440
Appalachian State University Foundation Inc: 

 $106,359,440
Other organizations performing similar types of work: 

 $21,924,426

Expenses in 2007: $10,212,643
Appalachian State University Foundation Inc: 

 $10,212,643
Other organizations performing similar types of work: 

 $2,919,811

Income to expenses ratio in 2007: 2.2
This organization: 

 2.2
Other organizations performing similar types of work: 

 1.4

Expenses allocated to program services in 2007: 93.0%
Appalachian State University Foundation Inc: 

 93.0%
Other organizations performing similar types of work: 

 84.4%

Grants share in income in 2007: 87.8%
Appalachian State University Foundation Inc: 

 87.8%
Other organizations performing similar types of work: 

 53.7%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$22,432,290$5,279,052$5,948,916$11,038,911$10,113,448$11,057,809$16,809,193$22,171,957
Contributions, gifts, grants, and similar amounts received$17,757,944$6,531,832$7,212,293$7,878,621$9,315,860$8,387,535$11,211,395$19,475,185
Contributions to donor advised funds$0$0
Direct public support$17,757,944$6,531,832$7,212,293$7,878,621$9,315,860$8,387,535$11,211,395$19,475,185
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$149,408$110,936$337,730$39,614$65,370$71,018$150,706$237,442
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0$0$0$0
Dividends and interest from securities$1,152,983$941,061$611,474$1,064,543$961,956$1,266,498$1,529,765$1,724,072
Net rental income or (loss)$0$0$0$0$0$0$33,497$-2,364
Gross rents$0$0$0$0$0$0$47,165$11,916
Less: rental expenses$0$0$0$0$0$0$13,668$14,280
Other investment income$23,670$44,763$33,935$45,524$-74,724$9,949$8,088$6,887
Gain or (loss) from sales of assets other than inventory$3,241,567$-2,428,493$-2,053,947$1,989,275$-226,840$1,247,456$3,845,023$682,479
Gross amount from sales of assets other than inventory$3,369,910$152,602$162,327$2,017,024$48,350$21,762,567$20,743,146$16,566,121
Less: cost or other basis and sales expenses$128,343$2,581,095$2,216,274$27,749$275,190$20,515,111$16,898,123$15,883,642
Net income or (loss) from special events and activities$48,220$42,144$33,672$35,287$39,190$37,530$29,313$43,034
Gross revenue$63,220$57,144$48,672$50,287$54,190$52,530$39,313$53,034
Less: direct expenses other than fundraising expenses$15,000$15,000$15,000$15,000$15,000$15,000$10,000$10,000
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$58,498$36,809$-226,241$-13,953$32,636$37,823$1,406$5,222
Total expenses$9,799,404$11,291,324$6,335,926$5,462,048$6,217,229$6,716,947$11,564,406$10,212,643
Program services$7,732,817$9,521,696$5,553,715$4,685,084$5,679,336$6,295,531$11,010,078$9,499,632
Management and general$1,404,477$1,316,147$418,778$386,672$216,361$133,500$79,911$97,604
Fundraising$662,110$453,481$363,433$390,292$321,532$287,916$474,417$615,407
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$56,398,741$49,622,665$51,449,200$58,835,106$64,824,201$71,294,419$80,062,490$87,376,937
Excess or (deficit) for the year$12,632,886$-6,012,272$-387,010$5,576,863$3,896,219$4,340,862$5,244,787$11,959,314
Net assets or fund balances at beginning of year$50,657,318$56,398,741$49,622,665$51,449,200$58,835,106$64,824,201$71,294,419$80,062,490
Other changes in net assets or fund balances$-6,891,463$-763,804$2,213,545$1,809,043$2,092,876$2,129,356$3,523,284$-4,644,867
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$10,212,643$9,499,632$97,604$615,407
Grants paid from donor advised funds$0
Other grants and allocations$8,808,907
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$35,517$0$35,517$0
Legal fees$10,310$3,250$7,060$0
Supplies$434,688$288,783$4,827$141,078
Telephone$18,788$1,663$3,057$14,068
Postage and shipping$61,897$24,677$1,061$36,159
Occupancy$300$300$0$0
Equipment rental and maintenance$60,683$36,208$8,025$16,450
Printing and publications$143,842$78,700$1,375$63,767
Travel$95,575$25,670$4,890$65,015
Conferences, conventions, and meetings$181,411$113,674$1,305$66,432
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$360,725$117,800$30,487$212,438
Balance Sheets
20002001200220032004200520062007
Total assets$59,081,463$52,671,964$53,577,833$60,984,703$68,209,530$74,545,176$86,516,921$96,440,303
Cash - non-interest-bearing$72,154$317,804$371,599$342,095$610,763$685,846$1,221,980$511,702
Savings and temporary cash investments$0$0$0$0$0$0$0$0
Accounts receivable less allowance for doubtful accounts$46,164$62,144$22,540$292,735$121,826$230,943$236,267$154,101
Pledges receivable less allowance for doubtful accounts$14,391,005$12,793,317$12,032,199$10,596,158$11,094,910$11,596,970$11,602,629$9,116,963
Grants receivable$0$32,851$5,880$0$0$0$9,415$25,053
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$178,242$3,761$2,200$798$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$14,565$25,839$30,842$92,878$25,751$31,377$29,765$20,576
Investments - publicly-traded securities$0$0
Investments - other securities$40,572,162$38,909,678$40,649,282$49,207,907$54,207,829$59,179,723$67,359,797$71,858,101
Investments - land, buildings, and equipment less accumulated depreciation$211,300$86,000$150,521$138,021$88,021$83,021$3,980,953$10,154,146
Investments - other$245,119$0$0$254,502$141,958$151,907$159,995$166,881
Land, buildings, and equipment less accumulated depreciation$3,344,627$158,809$32,125$32,125$1,909,125$2,577,147$1,916,120$4,432,780
Other assets, including program-related investments$6,125$281,761$280,645$27,484$9,347$8,242$0$0
Total liabilities$2,682,722$3,049,299$2,128,633$2,149,597$3,385,329$3,250,757$6,454,431$9,063,366
Accounts payable and accrued expenses$77,836$26,382$50,224$4,139$15,720$76,953$11,410$20,483
Grants payable$1,394,191$1,428,171$855,168$765,458$613,032$460,651$308,057$154,986
Deferred revenue$293,311$256,861$120,000$235,790$342,669$445,335$547,928$524,481
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$397,387$166,225$0$0$0$3,176,000$5,838,655
Other liabilities$917,384$940,498$937,016$1,144,210$2,413,908$2,267,818$2,411,036$2,524,761
Total liabilities and net assets/fund balances$59,081,463$52,671,964$53,577,833$60,984,703$68,209,530$74,545,176$86,516,921$96,440,303
Total net assets or fund balances$56,398,741$49,622,665$51,449,200$58,835,106$64,824,201$71,294,419$80,062,490$87,376,937
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$22,432,290$5,279,052$5,948,916$11,038,911$10,113,448$11,057,809$16,809,193$22,171,957
Total revenue, gains, and other support per audited financial statements$15,540,827$4,515,248$8,162,461$12,847,954$12,206,324$13,187,165$20,332,477$17,527,090
Other expenses$-6,891,463$-763,804$2,213,545$1,809,043$2,092,876$2,129,356$3,523,284$-4,644,867
Net unrealized gains on investments$-6,573,039$-763,804$2,213,545$1,809,043$2,092,876$2,129,356$3,497,214$-4,232,302
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$-318,424$0$0$0$0$0$26,070$-412,565
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$9,799,404$11,291,324$6,335,926$5,462,048$6,217,229$6,716,947$11,564,406$10,212,643
Total expenses and losses per audited financial statements$8,503,020$10,127,645$6,002,084$5,175,155$6,079,141$6,650,990$11,564,406$10,212,643
Other revenue$0$0$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$1,296,384$1,163,679$333,842$286,893$138,088$65,957$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$1,296,384$1,163,679$333,842$286,893$138,088$65,957$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings22
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$14,677$2,459,330$222,765
Program service revenue
Program service revenue 1000000$000$0$22,498
Program service revenue 2All other insurance-related activities$14,67700$0$75,379
Program service revenue 3000000$000$0$63,719
Program service revenue 4000000$000$0$720
Program service revenue 5000000$000$0$60,449
000000$000$0$22,498
All other insurance-related activities$14,67700$0$75,379
000000$000$0$63,719
000000$000$0$720
000000$000$0$56,591
000000$000$0$3,858
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$1,724,072$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$-2,364$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$6,887$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$682,479$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$43,034$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$5,222$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
19992000200120022003200420052006
Total$7,542,491$8,204,948$8,162,255$8,373,480$10,299,461$10,028,489$9,640,118$12,941,882
Gifts, grants, and contributions received$6,050,440$6,800,421$7,043,194$7,630,431$9,188,189$8,798,842$8,196,444$11,211,395
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$368,503$251,544$178,000$131,575$46,729$118,411$146,371$181,425
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$1,123,548$1,152,983$941,061$611,474$1,064,543$1,092,451$1,276,447$1,529,765
Net income from unrelated business activities not included above$0$0$0$0$0$18,785$20,856$19,297
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$23,070,274
Contributions, Gifts, Grants and Other Similar Amounts$20,310,249
Program Service Revenue$53,530
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$1,304,774
Income from investment of tax-exempt bond proceeds$0
Royalties$202,429
Net rental income$0
Net gain from sales of assets other than inventory$84,009
Gross amount from sales of assets other than inventory (Securities / Other)$7,529,979 / $17,689
Less: cost or other basis and sales expenses (Securities / Other)$7,417,907 / $45,752
Gain or (loss) (Securities / Other)$112,072 / $-28,063
Net loss from fundraising events$-34,043
Gross income from fundraising events$36,222
Less: direct expenses$70,265
Net income from gaming activities$20,000
Gross income from gaming activities$30,000
Less: direct expenses$10,000
Net income from sales of inventory$28,489
Gross sales of inventory, less returns and allowances$28,489
Less: cost of goods sold$0
Miscellaneous Revenue$1,100,837
Statement of Functional Expenses (for 2012)
Total functional expenses$12,898,255
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$40,000
Other$12,858,255
Balance Sheet (for 2012)
Total assets$106,359,440
Total liabilities$4,286,557
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$416,135
Unsecured notes and loans payable to unrelated third parties$0
Other$3,870,422
Total net assets or fund balances$102,072,883
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012)
2008 - 2012 Total
Total Support$85,375,103
Gifts, grants, contributions, and membership fees received$77,753,485
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$7,621,618
Gross receipts from related activities, etc.$1,821,718
Unrelated Trade or Business Income (for 2009)
IncomeExpensesNet
Total$1,348$0$1,348
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$1,348$0$1,348
Deductions Not Taken Elsewhere (for 2009)
Total deductions$652
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$600
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$696
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$696
Specific deduction$1,000
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Gothic Corporation280 S Mangum St Ste 210, Durham, NC 27701-3675NC1993-09$1,051,242,583
2The University Of Nc At Chapel Hill Foundation Investment Fund Inc104 Airport Dr Campus Box 1270, Chapel Hill, NC 27599-5023NC1996-06$281,704,423
3Nc State Investment Fund IncNcsu Box 7207, Raleigh, NC 27695-0001NC1998-08$61,018,949
4University Of North Carolina At Greensboro Investment Fund IncPO BOX 26170, Greensboro, NC 27402-6170NC1992-08$44,173,506
5North Carolina State University Foundation IncNcsu Box 7207, Raleigh, NC 27695-0001NC1949-02$36,838,795
6Medical Foundation Of North Carolina Inc880 Mlk Blvd, Chapel Hill, NC 27514-2600NC1951-07$35,388,314
7Appalachian State University Foundation IncAsu Box 32064 Mckinney Alumni Ctr, Boone, NC 28608-0001NC1971-03$30,614,198
8Foundation Of The University Of North Carolina At Charlotte Inc9201 University City Blvd Reese No, Charlotte, NC 28223-0001NC1963-07$13,269,824
9Guilford Technical Community College Foundation IncPO BOX 309, Jamestown, NC 27282-0309NC1967-05$10,444,711
10East Carolina University Foundation Inc2200 South Charles Blvd Ste 1100, Greenville, NC 27858-5235NC1969-03$9,373,763
11University Of North Carolina School Of The Arts Foundation IncPO BOX 12189, Winston Salem, NC 27117-2189NC1964-12$9,209,972
12Duke University Special Ventures Fund Inc280 S Mangum St Ste 210, Durham, NC 27701-3675NC1986-06$8,382,674
13Central Piedmont Community College Foundation IncPO BOX 35009, Charlotte, NC 28235-5009NC1968-11$7,853,389
14Aubrey Lee Brooks FoundationPO BOX 13663, Rtp Rk, NC 27709-3663NC1973-04$6,632,824
15Winston-Salem State University Foundation Incorporated, Simon Green Atkins House601 S Martin Luther King Jr Dr, Winston Salem, NC 27110-0003NC1972-03$5,685,201
16Unc-G Excellence FoundationPO BOX 26170, Greensboro, NC 27402-6170NC1967-09$5,379,650
17Cardeza T D & Mcd-Cardeza Fdn1525 W Wt Harris Blvd D1114-044, Charlotte, NC 28288-0001NC1974-11$3,952,009
18North Carolina Central University Foundation IncPO BOX 52466, Durham, NC 27717-2466NC1974-09$3,891,283
19North Carolina Community College Foundation200 W Jones St, Raleigh, NC 27603-1378NC1987-03$2,909,437
20University Of North Carolina At Asheville Foundation Inc1 University Hts, Asheville, NC 28804-3251NC1970-06$2,408,704
Number of organizations performing similar types of work
Alaska1
Alabama13
Arkansas8
Arizona6
California79
Colorado11
Connecticut7
District of Columbia6
Delaware5
Florida38
Georgia18
Hawaii3
Iowa15
Idaho6
Illinois29
Indiana13
Kansas16
Kentucky17
Louisiana12
Massachusetts19
Maryland10
Maine2
Michigan15
Minnesota17
Missouri7
Mississippi4
Montana5
North Carolina27
North Dakota4
Nebraska5
New Hampshire2
New Jersey12
New Mexico6
Nevada2
New York42
Ohio34
Oklahoma12
Oregon7
Pennsylvania21
Rhode Island6
South Carolina8
South Dakota2
Tennessee8
Texas53
Utah4
Virginia29
Washington10
Wisconsin19
West Virginia6
Wyoming2
International3
Total706

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