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Nonprofit · EIN 26-2511733

C3 FOUNDATION INC

Tax-exempt · RALEIGH, NC 27609

Financials

$126K$1.9M2023$1.1M$991K2024
Revenue Expenses · by fiscal year end
Financials of C3 FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$1,143,620$991,116$152,504$6,287,130$0$6,287,130
December 31, 2023990-PF$125,681$1,915,743-$1,790,062$7,133,269$0$7,133,269
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$119,475
Interest
$369
Net gain from sales of assets
$1,023,776

Expenses

Grants and similar amounts paid
$946,220
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$946,220
Excise tax on investment income
$15,354

Balance sheet and other

Total assets, start of year
$7,133,269
Total assets, end of year
$6,287,130
Total liabilities, end of year
$0
Net assets, end of year
$6,287,130
Fair market value of assets
$7,776,356
Qualifying distributions
$946,220
Net investment income
$1,143,620

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LISA R POOLE
3301 BENSON DRIVE SUITE 304, RALEIGH, NC 27609
PRESIDENT0.5$0
LONNIE C POOLE III
3301 BENSON DRIVE SUITE 304, RALEIGH, NC 27609
VICE PRESIDENT0.5$0
NANCY HALL
3301 BENSON DRIVE SUITE 304, RALEIGH, NC 27609
TRUSTEE0.5$0
CHELSEA POOLE
706 NEW ROAD, RALEIGH, NC 27608
TRUSTEE0.5$0
990-PF for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
LISA R POOLE
3301 BENSON DRIVE SUITE 304, RALEIGH, NC 27609
PRESIDENT0.5$0
LONNIE C POOLE III
3301 BENSON DRIVE SUITE 304, RALEIGH, NC 27609
VICE PRESIDENT0.5$0
NANCY HALL
3301 BENSON DRIVE SUITE 304, RALEIGH, NC 27609
TRUSTEE0.5$0
CHELSEA POOLE
706 NEW ROAD, RALEIGH, NC 27608
TRUSTEE0.5$0

Address and contacts

Address (IRS master file)
1000 SOCIAL ST STE 310, RALEIGH, NC 27609-2102
In care of
% VEN POOLE
Signed the 990-PF
LISA R POOLE, PRESIDENT
Phone
(919) 877-7533
Return prepared by
DELOITTE TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-2511733
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2009
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$6,287,130
Income (IRS master file)
$4,119,382

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$1,143,620$991,116$6,287,130XML
990-PFDecember 2023$125,681$1,915,743$7,133,269XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2511733).

Questions about C3 FOUNDATION INC

What is the EIN of C3 FOUNDATION INC?
The employer identification number (EIN) of C3 FOUNDATION INC is 26-2511733.
Is C3 FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to C3 FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does C3 FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of C3 FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did C3 FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of C3 FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does C3 FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,143,620, expenses of $991,116 and total assets of $6,287,130 at year end.

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