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Nonprofit · EIN 56-0853674

RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA

Tax-exempt · DURHAM, NC 27713

Financials

$31.8M$21.8M2022$16.7M$23.5M2023$13.4M$22.9M2024
Revenue Expenses · by fiscal year end
Financials of RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$13,384,548$22,945,076-$9,560,528$206,091,014$99,069,346$107,021,668
September 30, 2024990$16,722,219$23,544,149-$6,821,930$216,643,585$97,831,560$118,812,025
September 30, 2023990$31,833,503$21,839,701$9,993,802$214,113,009$89,733,151$124,379,858
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$12,638,797
Investment income
$685,575
Net gain from sales of assets
-$1,298,937
Other revenue
$60,176

Expenses

Grants and similar amounts paid
$14,500
Compensation of officers, directors and key employees
$2,174,977
Other salaries and wages
$2,126,774
Salaries, compensation and benefits (total)
$5,562,039
Professional fundraising fees
$0
Legal fees
$132,035
Accounting fees
$191,929
Travel
$206,793
Depreciation
$6,969,654
Program services (functional)
$19,715,011
Management and general (functional)
$3,230,065

Balance sheet and other

Total assets, start of year
$216,643,585
Total assets, end of year
$206,091,014
Total liabilities, end of year
$99,069,346
Net assets, end of year
$107,021,668
Land, buildings and equipment
$162,785,977
Publicly traded securities
$5,063,273
Net assets without donor restrictions
$107,021,668
Gross receipts
$26,540,809
Employees
42
Volunteers
18
Year formed
1956
State of legal domicile
NC

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 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SCOTT LEVITANPRESIDENT & CEO
Officer
40$652,938$79,645
CAROLYN COIAVP REAL ESTATE
Officer
40$269,558$34,751
JESSICA WISNIEWSKICFO
Officer
40$243,881$49,389
KELLY PROPSTVP MARKETING & COMMUNICATIONS
Officer
40$176,750$41,764
LINDA K HALLEVP & COO (THRU 4/15/2024)
Former
40$182,176$16,581
TRAVIS CRAYTONVP PLANNING & PUBLIC POLICY
Officer
40$161,580$24,720
AMANDA RONANSENIOR DIRECTOR PLACEMAKING
Highest-paid employee
40$146,032$38,688
CAITLIN TIMMSPROPERTY MANAGER
Highest-paid employee
40$146,342$29,982
DAVID WIEANDACCOUNTING MANAGER
Highest-paid employee
40$128,482$28,564
KEVIN PATTERSONDIRECTOR OF IT
Highest-paid employee
40$117,180$27,946
JAN NEWCREATIVE DIRECTOR
Highest-paid employee
40$110,411$19,760
ANDREW HOLTONEVP & COO
Officer
40$102,672$6,487
ANITA BROWN-GRAHAMSECRETARY
Trustee or director, Officer
1$0$0
BARBARA MULKEYCHAIRMAN
Trustee or director, Officer
1$0$0
BRAD WILSONVICE CHAIR
Trustee or director, Officer
1$0$0
15 more people on this return
NameTitleHours / weekCompensation
BROOKS BELLDIRECTOR
Trustee or director
1$0
CHARLES FRANCISDIRECTOR
Trustee or director
1$0
DANIEL ENNISDIRECTOR
Trustee or director
1$0
DR RANDY WOODSONDIRECTOR
Trustee or director
1$0
DR VINCENT PRICEDIRECTOR
Trustee or director
1$0
FARAD ALIDIRECTOR
Trustee or director
1$0
GREG LUBERECKIDIRECTOR
Trustee or director
1$0
HOWARD NYEDIRECTOR
Trustee or director
1$0
HUGH ALLENDIRECTOR
Trustee or director
1$0
JOHN CECILDIRECTOR
Trustee or director
1$0
JUD BOWMANDIRECTOR
Trustee or director
1$0
KARRIE DIXONDIRECTOR
Trustee or director
1$0
LEE ROBERTSDIRECTOR
Trustee or director
1$0
PETER HANSDIRECTOR
Trustee or director
1$0
TIM GABELDIRECTOR
Trustee or director
1$0
990 for the year ended September 30, 2024: 26 people
NameTitleHours / weekCompensationOther / benefits
SCOTT LEVITANPRESIDENT & CEO
Officer
40$606,947$75,132
LINDA K HALLEVP & COO (THRU 4/15/2024)
Officer
40$444,892$60,666
CAROLYN COIAVP REAL ESTATE
Officer
40$241,855$30,478
JESSICA WISNIEWSKIVP FINANCE & ADMINISTRATION
Officer
40$194,178$44,187
AMANDA RONANSENIOR DIRECTOR PLACEMAKING
Highest-paid employee
40$124,819$36,841
DAVID WIEANDACCOUNTING MANAGER
Highest-paid employee
40$115,953$25,887
TRAVIS CRAYTONVP PLANNING & PUBLIC POLICY
Highest-paid employee
40$124,488$13,828
KEVIN PATTERSONDIRECTOR OF IT
Highest-paid employee
40$100,942$25,356
RAYMOND TRAPPFORMER OFFICER
Former
0$102,245$14,678
BARBARA MULKEYCHAIRMAN
Trustee or director, Officer
1$0$0
BRAD WILSONVICE CHAIR
Trustee or director, Officer
1$0$0
ANITA BROWN-GRAHAMSECRETARY
Trustee or director, Officer
1$0$0
HUGH ALLENDIRECTOR
Trustee or director
1$0$0
FARAD ALIDIRECTOR
Trustee or director
1$0$0
BROOKS BELLDIRECTOR
Trustee or director
1$0$0
JUD BOWMANDIRECTOR
Trustee or director
1$0$0
JOHN CECILDIRECTOR
Trustee or director
1$0$0
DANIEL ENNISDIRECTOR
Trustee or director
1$0$0
CHARLES FRANCISDIRECTOR
Trustee or director
1$0$0
TIM GABELDIRECTOR
Trustee or director
1$0$0
PETER HANSDIRECTOR
Trustee or director
1$0$0
GREG LUBERECKIDIRECTOR
Trustee or director
1$0$0
HOWARD NYEDIRECTOR
Trustee or director
1$0$0
DR VINCENT PRICEDIRECTOR
Trustee or director
1$0$0
LEE ROBERTSDIRECTOR
Trustee or director
1$0$0
DR RANDY WOODSONDIRECTOR
Trustee or director
1$0$0
990 for the year ended September 30, 2023: 31 people
NameTitleHours / weekCompensationOther / benefits
SCOTT LEVITANPRESIDENT & CEO
Officer
40$630,447$76,263
LINDA K HALLEVP & COO
Officer
40$477,521$61,929
CAROLYN COIAVP REAL ESTATE
Officer
40$230,807$30,211
JESSICA WISNIEWSKIVP FINANCE & ADMINISTRATION
Officer
40$198,128$42,369
RAYMOND TRAPPVP STRATEGIC ENGAGEMENT
Officer
40$197,262$33,595
Marie Pierre LussierDirector of Project Management
Highest-paid employee
40$134,628$21,561
DAVID WIEANDACCOUNTING MANAGER
Highest-paid employee
40$113,538$18,924
KEVIN PATTERSONDIRECTOR OF IT
Highest-paid employee
40$105,277$24,894
Travis CraytonSenior Planner
Highest-paid employee
40$103,713$17,960
JUD BOWMANCHAIRMAN
Trustee or director, Officer
1$0$0
BARBARA MULKEYVICE CHAIR
Trustee or director, Officer
1$0$0
BRAD WILSONSECRETARY
Trustee or director, Officer
1$0$0
DR JOHNSON AKINLEYEDIRECTOR
Trustee or director
1$0$0
HUGH ALLENDIRECTOR
Trustee or director
1$0$0
FARAD ALIDIRECTOR
Trustee or director
1$0$0
BROOKS BELLDIRECTOR
Trustee or director
1$0$0
JOHN CECILDIRECTOR
Trustee or director
1$0$0
DANIEL ENNISDIRECTOR
Trustee or director
1$0$0
CHARLES FRANCISDIRECTOR
Trustee or director
1$0$0
TIM GABELDIRECTOR
Trustee or director
1$0$0
ANITA BROWN-GRAHAMDIRECTOR
Trustee or director
1$0$0
KEVIN GUSKIEWICZDIRECTOR
Trustee or director
1$0$0
PETER HANSDIRECTOR
Trustee or director
1$0$0
WENDY JOHNDIRECTOR
Trustee or director
1$0$0
HOWARD NYEDIRECTOR
Trustee or director
1$0$0
DR VINCENT PRICEDIRECTOR
Trustee or director
1$0$0
DR WILLIAM WOODSONDIRECTOR
Trustee or director
1$0$0
Greg LubereckiDIRECTOR
Trustee or director
1$0$0
RICHARD L DAUGHERTYDIRECTOR EMERITUS
Trustee or director
1$0$0
DAVID L WARD JRDIRECTOR EMERITUS
Trustee or director
1$0$0
SMEDES YORKDIRECTOR EMERITUS
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
700 PARK OFFICES DRIVE SUITE 007, DURHAM, NC 27713-3317
In care of
% JESSICA WISNIEWSKI
Principal officer (990 for 2024)
SCOTT LEVITAN, 700 PARK OFFICES DRIVE SUITE 007, DURHAM, NC 27713
Signed the 990
JESSICA WISNIEWSKI, CFO
Phone
(919) 549-8181
Return prepared by
BDO USA

Mission

TO PROMOTE UNIVERSITY, ACADEMIC, INDUSTRY AND GOVERNMENT COLLABORATIONS LEADING TO THE ESTABLISHMENT AND MAINTENANCE OF RESEARCH, SCIENTIFIC AND TECHNOLOGY-BASED FACILITIES WITHIN THE RESEARCH TRIANGLE AND NORTH CAROLINA, CREATING QUALITY JOBS AND OPPORTUNITIES FOR ITS CITIZENS.

990 for the year ended September 30, 2025

Program accomplishments

  • PROVIDE FOR THE UPKEEP OF RTP ASSETS AND INFRASTRUCTURE TO ENHANCE THE PARK'S REPUTATION AS AN INNOVATIVE AND DYNAMIC ENVIRONMENT AND TO PROMOTE AND FOSTER RESEARCH FACILITIES IN THE 7,000 ACRE RESEARCH TRIANGLE PARK.
    Expenses $8,449,240 · grants $14,500 · revenue $12,429,940
  • PROVIDE FOR THE PROMOTION OF PROGRAMS FOR THE RTP COMMUNITY AND TRIANGLE REGION.
    Expenses $7,392,095 · revenue $88,857
  • PARK CENTER 100 ACRES REDEVELOPMENT PROVIDES INNOVATORS TO COME TOGETHER TO BE INSPIRED, PROVIDE A PLACE FOR LEADERS IN TECHNOLOGY, SCIENCE, THE ARTS AND THE HUMANITIES TO COLLABORATE AND CREATE JOBS AND A BETTER FUTURE FOR ALL NORTH CAROLINIANS. THE DEVELOPMENT INCLUDES RETAIL, RESIDENTIAL AND OFFICE AMENITIES WITH A PLETHORA OF PUBLIC PARKS AND SPACE THAT WILL BE USED BY ENTREPRENEURS AND NORTH CAROLINIANS.
    Expenses $3,186,828 · revenue $120,000
  • PROGRAMMING AND EVENTS THAT UNITE ALL POINTS OF THE RESEARCH TRIANGLE VIA A CULTIVATION OF TOPICS AND LOCAL SPEAKERS FROM THE THREE FOUNDING UNIVERSITIES, COMPANIES AND THE COMMUNITIES AT LARGE.
    Expenses $686,848

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
56-0853674
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1972
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$206,091,014
Income (IRS master file)
$26,540,809

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$13,384,548$22,945,076$206,091,014XML
990September 2024$16,722,219$23,544,149$216,643,585XML
990September 2023$31,833,503$21,839,701$214,113,009XML
990September 2022$10,751,923$18,434,190$218,750,320IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 56-0853674).

Questions about RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA

What is the EIN of RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA?
The employer identification number (EIN) of RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA is 56-0853674.
Is RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1972.
Are donations to RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA?
The 990 for the year ended September 30, 2025 names SCOTT LEVITAN.
Who are the officers and directors of RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA?
The 990 for the year ended September 30, 2025 lists 30 people; 12 received compensation from the organization, the highest $652,938 (SCOTT LEVITAN, PRESIDENT & CEO).
How much revenue does RESEARCH TRIANGLE FOUNDATION OF NORTH CAROLINA have?
On its 990 for the year ended September 30, 2025 it reported revenue of $13,384,548, expenses of $22,945,076 and total assets of $206,091,014 at year end.

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