Nonprofit · EIN 56-6049503
NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC
Tax-exempt · RALEIGH, NC 27695
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $164,944,230 | $53,835,551 | $111,108,679 | $910,678,206 | $9,140,514 | $901,537,692 |
| June 30, 2024 | 990 | $64,348,548 | $51,571,471 | $12,777,077 | $755,483,708 | $9,119,844 | $746,363,864 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $131,361,397
- Program service revenue
- $9,035,321
- Investment income
- $24,566,473
- Net gain from sales of assets
- $21,045,116
- Net income from fundraising events
- -$18,961
- Other revenue
- -$18,961
Expenses
- Grants and similar amounts paid
- $30,183,283
- Other salaries and wages
- $3,764,968
- Salaries, compensation and benefits (total)
- $3,764,968
- Professional fundraising fees
- $0
- Legal fees
- $32,393
- Accounting fees
- $253,861
- Occupancy
- $187,926
- Travel
- $1,725,876
- Depreciation
- $210,668
- Program services (functional)
- $42,204,196
- Management and general (functional)
- $422,030
- Fundraising (functional)
- $11,209,325
Balance sheet and other
- Total assets, start of year
- $755,483,708
- Total assets, end of year
- $910,678,206
- Total liabilities, end of year
- $9,140,514
- Net assets, end of year
- $901,537,692
- Land, buildings and equipment
- $11,350
- Net assets without donor restrictions
- $24,689,048
- Net assets with donor restrictions
- $876,848,644
- Gross unrelated business income
- -$10,842
- Gross receipts
- $205,039,084
- Employees
- 117
- Volunteers
- 25
- Year formed
- 1942
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WILLIAM RANDOLF WOODSON | EX-OFFICIO OFFICER CHANCELLOR Officer | 1 | $0 | $1,082,490 | $94,414 |
| BRIAN SISCHO | EX OFFICIO OFFICER PRESIDENT Trustee or director, Officer | 1 | $0 | $894,059 | $56,706 |
| CHARLES MAIMONE | EX OFFICIO OFFICER ASST. TREASURER Officer | 1 | $0 | $426,300 | $112,636 |
| JAMES BROSCHART | EX-OFFICIO OFFICER VP UNTIL 3/7/25 Officer | 1 | $0 | $339,584 | $54,671 |
| DANA R HARRIS | EX OFFICIO OFFICER TREASURER Officer | 1 | $0 | $290,290 | $79,282 |
| SONIA MURPHY | EX-OFFICIO OFFICER VP SINCE 3/14/25 Officer | 1 | $0 | $225,271 | $39,506 |
| ERIN DELEHANTY | EX OFFICIO OFFICER ASST. TREASURER Officer | 1 | $0 | $193,638 | $55,581 |
| DEREK BRYAN | EX OFFICIO OFFICER SECRETARY Officer | 1 | $0 | $171,345 | $50,114 |
| BENTINA TERRY | CHAIR/NOMINATIONS COMMITTEE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL CONSTANTINO | PAST CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL GUNTER III | CHAIR DEVELOPMENT COMMITTEE Trustee or director | 1 | $0 | $0 | $0 |
| PAIGE HARRIS | DEVELOPMENT COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTINE HOLMES | NCSIF AUDIT AND FINANCE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| AMANDA LLOYD | AWARDS AND GRANTS COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| LOGAN ANGEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
18 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HERB BALES | DIRECTOR Trustee or director | 1 | $0 |
| DEAN BUNCE | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN DEATON | DIRECTOR Trustee or director | 1 | $0 |
| NORA GARDNER | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT GIBBS | DIRECTOR Trustee or director | 1 | $0 |
| ROGER GOODE | DIRECTOR Trustee or director | 1 | $0 |
| JAKE HOOKS | DIRECTOR Trustee or director | 1 | $0 |
| NANCY KUIVILA | DIRECTOR Trustee or director | 1 | $0 |
| RUSS MCLAUCHLAN | DIRECTOR Trustee or director | 1 | $0 |
| CORENA NORRIS | DIRECTOR Trustee or director | 1 | $0 |
| JOHN NUNNALLY | DIRECTOR Trustee or director | 1 | $0 |
| KATHERINE PEELE | DIRECTOR Trustee or director | 1 | $0 |
| WADE REECE | DIRECTOR Trustee or director | 1 | $0 |
| ANNA SULLIVAN | DIRECTOR Trustee or director | 1 | $0 |
| DAVID THOMPSON | ASSISTANT CHAIR Trustee or director, Officer | 1 | $0 |
| MICHAEL WARD | DIRECTOR Trustee or director | 1 | $0 |
| CARME WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN HOWELL | EX-OFFICIO OFF. CHANC. SINCE 5/5/25 Officer | 1 | $0 |
990 for the year ended June 30, 2024: 33 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RANDY WOODSON | EX OFFICIO OFFICER - CHANCELLOR Officer | 1 | $0 | $972,165 | $87,959 |
| BRIAN SISCHO | EX OFFICIO OFFICER - PRESIDENT Officer | 1 | $0 | $621,677 | $52,973 |
| CHARLES MAIMONE | EX OFFICIO OFFICER - ASST. TREASURER Officer | 1 | $0 | $391,092 | $103,968 |
| JAMES BROSCHART | EX OFFICIO OFFICER - VICE PRESIDENT Officer | 1 | $0 | $323,490 | $51,968 |
| DANA HARRIS | EX OFFICIO OFFICER - TREASURER Officer | 1 | $0 | $279,586 | $76,575 |
| ERIN DELEHANTY | EX OFFICIO OFFICER - ASST. TREASURER Officer | 1 | $0 | $188,285 | $53,735 |
| DEREK BRYAN | EX OFFICIO OFFICER - SECRETARY Officer | 1 | $0 | $165,567 | $48,112 |
| LOGAN ANGEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HERB BALES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| TONY CARAVANO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STEPHEN DEATON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KEN DULL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ELIN GABRIEL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NORA GARDNER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROGER GOODE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DANIEL GUNTER III | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAKE HOOKS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RUSS MCLAUGHLAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CORENA NORRIS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KATHERINE PEELE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| STUART PHOENIX | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WADE REECE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BRAD REMMEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANNA SULLIVAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BENTINA TERRY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DAVID THOMPSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL WARD | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CARMETHA WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL CONSTANTINO | CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| PAIGE HARRIS | DEVELOPMENT COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTINE HOLMES | NC STATE INVESTMENT FUND Trustee or director | 1 | $0 | $0 | $0 |
| AMANDA LLOYD | AWARDS AND GRANTS COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
| SHERICE NIVENS | CO-CHAIR AND NOMINATIONS COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- NCSU BOX 7207, RALEIGH, NC 27695-7207
- In care of
- % JILL TASAICO
- Principal officer (990 for 2024)
- ERIN DELEHANTY, NCSU BOX 7207, RALEIGH, NC 276957207
- Signed the 990
- ERIN DELEHANTY, ASSISTANT TREASURER
- Phone
- (919) 513-7149
- Return prepared by
- JAMES MOORE & CO PL
Mission
SUPPORTS, BY FINANCIAL ASSISTANCE AND OTHERWISE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS.
Program accomplishments
- SUPPORTS, BY FINANCIAL ASSISTANCE, THE VARIOUS COLLEGES WITHIN THE UNIVERSITY, THE LIBRARIES, AND OTHER UNIVERSITY-CONNECTED FUNCTIONS. THE FOUNDATION AWARDS SCHOLARSHIPS, FELLOWSHIPS, AND OTHER AWARDS BASED ON THE REQUIREMENTS STIPULATED BY THE CONTRIBUTORS AND/OR RECOMMENDATIONS OF THE BOARD OF DIRECTORS.Expenses $42,204,196 · grants $30,183,283 · revenue $9,035,321
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-6049503
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Organization supporting a government college or university
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1949
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $910,678,206
- Income (IRS master file)
- $205,039,084
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $164,944,230 | $53,835,551 | $910,678,206 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $64,348,548 | $51,571,471 | $755,483,708 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $51,768,749 | $40,020,159 | $691,281,957 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 56-6049503).
Questions about NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC
- What is the EIN of NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC?
- The employer identification number (EIN) of NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC is 56-6049503.
- Is NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1949.
- Are donations to NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC 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 NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC 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 NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names ERIN DELEHANTY.
- Who are the officers and directors of NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 33 people; 0 received compensation from the organization.
- How much revenue does NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $164,944,230, expenses of $53,835,551 and total assets of $910,678,206 at year end.
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