North Carolina State University College Of Sciences Foundation Inc in Raleigh, North Carolina (NC)

Organization representatives - add corrected or new information about North Carolina State University College Of Sciences Foundation Inc »

Non-representatives - add comments about North Carolina State University College Of Sciences Foundation Inc»

North Carolina State University College Of Sciences Foundation Inc
Employer Identification Number (EIN)581524289
Name of OrganizationNorth Carolina State University College Of Sciences Foundation Inc
AddressNcsu Box 7207, Raleigh, NC 27695-7207
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date09/1983
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 Period06/2014
Assets$10,000,000 to $49,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$19,431,534
Amount of Income$2,873,784
Form 990 Revenue Amount$2,556,875
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations


Non-representatives - add comments:


CAPTCHA

Your IP address 54.146.240.181 will be logged.

Amount of income in 2014: $2,873,784 (it was $2,681,354 in 2013)
North Carolina State University College Of Sciences Foundation Inc: 

 $2,873,784
Other organizations performing similar types of work: 

 $71,328

Assets in 2014: $19,431,534 (it was $15,754,679 in 2013)
North Carolina State University College Of Sciences Foundation Inc: 

 $19,431,534
Other organizations performing similar types of work: 

 $50,799

Expenses in 2014: $1,051,270
North Carolina State University College Of Sciences Foundation Inc: 

 $1,051,270
Other organizations performing similar types of work: 

 $47,311

Income to expenses ratio in 2014: 2.7
North Carolina State University College Of Sciences Foundation Inc: 

 2.7
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2014: 88.1%
This organization: 

 88.1%
Other organizations performing similar types of work: 

 7.7%

Financial snapshot ($)

Revenue for 2014

Assets at the end of 2014

Functional expenses for 2014

Support schedule

Checklist
201220132014
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYesYes
Is the organization required to complete Schedule B, Schedule of Contributors?YesYesYes
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?YesYesYes
Did the organization report an amount for land, buildings, and equipment?YesYesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?YesYesYes
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?NoNoNo
Did the organization report an amount for other liabilities?YesYesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?YesYesYes
Did the organization obtain separate, independent audited financial statements for the tax year?YesYesYes
Was the organization included in consolidated, independent audited financial statements for the tax year?NoNoNo
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNoNo
Did the organization operate one or more hospital facilities?NoNoNo
Did the organization attach a copy of its audited financial statements?NoNoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?YesYesYes
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?YesYesYes
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNoNo
A family member of a current or former officer, director, trustee, or key employee?NoNoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNoNo
Did the organization receive more than $25,000 in non-cash contributions?YesYesYes
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?NoNoNo
Was the organization related to any tax-exempt or taxable entity?YesYesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNoNo
Statements Regarding Other IRS Filings and Tax Compliance
201220132014
The number reported in Box 3 of Form 1096211
The number of Forms W-2G000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?NoYesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return000
Did the organization file all required federal employment tax returns?NoNoNo
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNo
Has it filed a Form 990-T for this year?NoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNo
Did the organization file Form 8886-T?NoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNoNo
Did the organization notify the donor of the value of the goods or services provided?NoNoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoYesNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNo
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities $0$0$0
Gross income from members or shareholders$0$0$0
Gross income from other sources$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0
The amount of reserves on hand$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNo
Has it filed a Form 720 to report these payments?NoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
201220132014
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$0$0$0
Total reportable compensation from related organizations$664,034$735,235$695,870
Total estimated amount of other compensation from the organization and related organizations$98,670$116,104$92,863
Total number of individuals who received more than $100,000 of reportable compensation from the organization000
Total number of independent contractors who received more than $100,000 of compensation from the organization000
Statement of Revenue
201220132014
Total revenue$1,446,497$1,691,295$2,556,875
Contributions, Gifts, Grants and Other Similar Amounts$1,128,899$1,379,713$2,251,729
Program Service Revenue$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$60,919$60,989$47,325
Income from investment of tax-exempt bond proceeds$0$0$0
Royalties$166,120$80,600$99,720
Net rental income$0$0$0
Net gain/loss from sales of assets other than inventory$62,980$107,892$143,177
Gross amount from sales of assets other than inventory (Securities / Other)$728,146 / $0$973,409 / $124,542$460,086 / $0
Less: cost or other basis and sales expenses (Securities / Other)$665,166 / $0$861,659 / $128,400$316,909 / $0
Gain or (loss) (Securities / Other)$62,980 / $0$111,750 / $-3,858$143,177 / $0
Net income/loss from fundraising events$0$0$0
Net income/loss from gaming activities$0$0$0
Net income/loss from sales of inventory$0$0$0
Miscellaneous Revenue$27,579$62,101$14,924
Educational Support Services$27,579$62,101$14,924
All other revenue$0$0$0
Statement of Functional Expenses
201220132014
Total functional expenses$1,059,140$957,458$1,051,270
Grants and other assistance to domestic organizations and domestic governments$592,300$510,481$580,598
Grants and other assistance to domestic individuals$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0
Benefits paid to or for members$0$0$0
Compensation of current officers, directors, trustees, and key employees$0$0$0
Compensation not included above, to disqualified persons$0$0$0
Other salaries and wages$0$0$0
Pension plan accruals and contributions$0$0$0
Other employee benefits$0$0$0
Payroll taxes$0$0$0
Fees for services (non-employees)
Management$0$0$0
Legal$0$1,571$3,335
Accounting$20,000$20,300$24,500
Lobbying$0$0$0
Professional fundraising services$0$0$0
Investment management fees$35,192$35,972$39,453
Other$12,681$32,239$19,154
Advertising and promotion$667$1,100$3,465
Office expenses$0$0$3,603
Information technology$0$0$0
Royalties$23,380$13,120$0
Occupancy$37,518$27,534$3,481
Travel$25,610$53,745$69,157
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0
Conferences, conventions, and meetings$13,627$9,072$30,286
Interest$0$0$0
Payments to affiliates$0$0$0
Depreciation, depletion, and amortization$107,270$8,939$13,802
Insurance$3,037$3,793$4,689
Other expenses$104,942$151,256$116,560
Other expenses$44,298$46,933$74,819
Other expenses$17,331$13,006$30,056
Other expenses$9,953$10,084$13,377
Other expenses$11,334$18,313$20,935
Balance Sheet
201220132014
Total assets$14,956,794$15,754,679$19,431,534
Cash - non-interest-bearing$90,432$103,972$93,726
Savings and temporary cash investments$4,404,338$4,373,825$4,584,744
Pledges and grants receivable, net$0$0$630,650
Accounts receivable, net$0$0$550
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0
Notes and loans receivable, net$0$0$0
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$0$0$0
Land, buildings, and equipment: cost or other basis$1,473,000$1,473,000$1,473,000
Investments - publicly traded securities$0$0$0
Investments - other securities$8,964,026$9,786,457$11,815,787
Investments - program-related$0$0$0
Intangible assets$0$0$814,297
Other assets$24,998$17,425$18,780
Total liabilities$146,669$141,884$163,224
Accounts payable and accrued expenses$0$0$26,941
Grants payable$0$0$0
Deferred revenue$0$0$0
Tax-exempt bond liabilities$0$0$0
Escrow or custodial account liability$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$146,669$141,884$136,283
Total net assets or fund balances$14,810,125$15,612,795$19,268,310
Unrestricted net assets$944,322$1,186,238$2,229,398
Temporarily restricted net assets$6,469,231$7,517,392$9,120,347
Permanently restricted net assets$7,396,572$6,909,165$7,918,565
Capital stock or trust principal, or current funds$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0
Reason for Public Charity Status (for 2014)
The organization is not a private foundation because it is:A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2010 - 2014)
2010 - 2014 Total
Public Support$6,141,261
Subtotal Support$8,880,685
Gifts, grants, contributions, and membership fees received$8,880,685
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
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$2,739,424
Total Support$10,186,215
Public Support$8,880,685
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$1,130,951
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$174,579
Gross receipts from related activities, etc.$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend North Carolina State University College Of Sciences Foundation Inc to others? (optional)
  
Add photo of North Carolina State University College Of Sciences Foundation Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Goldman Sachs Philanthropy Fund30 Hudson St 15th Fl, Jersey City, NJ 07302-4600NJ2001-08$1,103,232,352
2San Francisco Foundation1 Embarcadero Ctr Ste 1400, San Francisco, CA 94111-3703CA2002-09$764,866,601
3Goldman Sachs Charitable Gift Fund200 West St 29th Fl, New York, NY 10282-2102NY2008-01$629,880,658
4Pew Charitable Trusts, Plan 08150 08151 08152One Commerce Square 2005 Market St, Philadelphia, PA 19103PA2003-04$429,850,315
5W W Caruth Jr Foundation5500 Caruth Haven Ln, Dallas, TX 75225-8146TX1975-05$365,474,936
6Raymond James Charitable Endowment FundPO BOX 14407, St Petersburg, FL 33733-4407FL2000-08$322,890,434
7Golden L E A F Long-Term Economic Advancement Foundation Inc301 N Winstead Ave, Rocky Mount, NC 27804-2228NC2000-12$193,410,915
8University Of Cincinnati FoundationPO BOX 19970, Cincinnati, OH 45219-0970OH1977-02$169,054,018
9Bruce Barclay Cameron Foundation IncPO BOX 3649, Wilmington, NC 28406-0649NC2003-09$7,168,039
10Millennium Fund, The Fund860 W 5th St, Winston Salem, NC 27101-2506NC2003-03$1,525
11Cherokee Preservation Foundation IncPO BOX 504, Cherokee, NC 28719-0504NC2002-08$8,060,032
12School Of Government Foundation IncCb 3330 Knapp-Sanders Building, Chapel Hill, NC 27599-3330NC1996-06$3,528,060
13Greater Hickory Classic Foundation Inc3914 Ridge Rd Ne, Conover, NC 28613-9495NC2005-10$3,079,426
14North Carolina State University College Of Sciences Foundation IncNcsu Box 7207, Raleigh, NC 27695-7207NC1983-09$2,873,784
15Appalachian Regional Healthcare Foundation336 Deerfield Rd, Boone, NC 28607-5008NC2006-06$2,828,349
16North Carolina Tobacco Foundation IncNcsu Box 7207, Raleigh, NC 27695-7207NC1977-02$2,238,744
17Newborns In NeedPO BOX 340, Pfafftown, NC 27040-0340NC1998-06$1,489,777
18Mountain Bizcapital Inc153 S Lexington Ave, Asheville, NC 28801-3607NC2003-08$1,205,184
19Chapel Hill Public Library Foundation100 Library Dr, Chapel Hill, NC 27514-3640NC1997-02$1,201,140
20Big Rock Foundation Inc3328 Bridges Street, Morehead City, NC 28557-2984NC2000-10$1,094,919
Number of organizations performing similar types of work
Alaska27
Alabama174
Arkansas88
Arizona257
California1,561
Colorado295
Connecticut213
District of Columbia96
Delaware58
Florida937
Georgia405
Hawaii58
Iowa132
Idaho53
Illinois567
Indiana231
Kansas125
Kentucky138
Louisiana149
Massachusetts427
Maryland313
Maine54
Michigan422
Minnesota256
Missouri285
Mississippi53
Montana52
North Carolina382
North Dakota40
Nebraska93
New Hampshire76
New Jersey563
New Mexico62
Nevada84
New York1,186
Ohio529
Oklahoma149
Oregon175
Pennsylvania493
Rhode Island56
South Carolina163
South Dakota36
Tennessee218
Texas929
Utah116
Virginia393
Vermont41
Washington305
Wisconsin211
West Virginia59
Wyoming40
International30
Total13,855

faqs.org is not associated with, endorsed by, or sponsored by North Carolina State University College Of Sciences Foundation Inc and has no official or unofficial affiliation with North Carolina State University College Of Sciences Foundation Inc