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Nonprofit · EIN 56-1801410

RCC FOUNDATION

Tax-exempt · GREENSBORO, NC 27408

Financials

$43K$21K2022$18K$20K2023
Revenue Expenses · by fiscal year end
Financials of RCC FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990-PF$17,959$20,000-$2,041$334,739$0$334,739
June 30, 2023990-PF$43,269$21,169$22,100$322,309$0$322,309
Financial details: 990-PF for the year ended June 30, 2024

Revenue

Dividends
$16,894
Interest
$49
Net gain from sales of assets
$1,016

Expenses

Grants and similar amounts paid
$20,000
Disbursements for charitable purposes
$20,000
Excise tax on investment income
$236

Balance sheet and other

Total assets, start of year
$322,309
Total assets, end of year
$334,739
Total liabilities, end of year
$0
Net assets, end of year
$334,739
Fair market value of assets
$346,996
Qualifying distributions
$20,000
Net investment income
$16,943

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 June 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
RACHEL C CAMP
6328 GREENVILLE SOUND ROAD, WILMINGTON, NC 28409
PREIDENT0$0
HUGH MACRAE III
221 1/2 SEACREST DR, WILMINGTON, NC 28480
TREASUER0$0
NELSON MACRAE
PO BOX 3145, WILMINGTON, NC 28406
DIRECTOR0$0
RACHEL MACRAE GRAY
PO BOX 3145, WILMINGTON, NC 28403
DIRECTOR SEC0$0
KEN SHAHBAZ
2102 A N ELM ST, GREENSBORO, NC 27408
ASST TREASUR0$0
990-PF for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensation
RACHEL C CAMP
6328 GREENVILLE SOUND ROAD, WILMINGTON, NC 28409
PREIDENT0$0
HUGH MACRAE III
221 1/2 SEACREST DRIVE, WRIGHTSVILLE BEACH, NC 28480
TREASUER0$0
NELSON MACRAE
PO BOX 3145, WILMINGTON, NC 28406
DIRECTOR0$0
RACHEL MACRAE GRAY
2308 STERLING PLACE, WILMINGTON, NC 28403
DIRECTOR SEC0$0
KEN SHAHBAZ
2102 A N ELM ST, GREENSBORO, NC 27408
ASST TREASUR0$0

Address and contacts

Address (IRS master file)
2102 N ELM ST STE A, GREENSBORO, NC 27408-5100
In care of
% KENNETH J SHAHBAZ
Signed the 990-PF
KEN SHAHBAZ, ASST TREASURER
Phone
(336) 574-1438
Return prepared by
SHAHBAZ CAROTHERS & COMPANY PA

What it must file and when

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990-PF on file

IRS record

EIN
56-1801410
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private operating foundation
Donations deductible (Pub 78)
Private operating foundation, 50% limit
Exempt since
1998
Accounting year ends
June
Files
Form 990-PF
Assets (IRS master file)
$334,739
Income (IRS master file)
$39,622

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFJune 2024$17,959$20,000$334,739XML
990-PFJune 2023$43,269$21,169$322,309XML
990-PFJune 2022–––IRS
990-PFJune 2021–––IRS
990-PFJune 2020–––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 56-1801410).

Questions about RCC FOUNDATION

What is the EIN of RCC FOUNDATION?
The employer identification number (EIN) of RCC FOUNDATION is 56-1801410.
Is RCC FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to RCC FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private operating foundation, 50% limit).
Which annual return does RCC FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of RCC FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RCC FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended June 2024.
Who are the officers and directors of RCC FOUNDATION?
The 990-PF for the year ended June 30, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does RCC FOUNDATION have?
On its 990-PF for the year ended June 30, 2024 it reported revenue of $17,959, expenses of $20,000 and total assets of $334,739 at year end.

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