C3 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 6 grants totaling $946K. Net investment income was $1.1M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.3M
-11.9% YoY
Annual Giving
$946K
-49.2% YoY
Grant Count
6
-25.0% YoY
Avg Grant Size
$158K
-32.3% YoY
Under IRS private-foundation payout rules, C3 Foundation Inc reported a distributable amount of $353K for 2024 — the minimum it must pay out in qualifying distributions.
About C3 Foundation Inc
Based on IRS filings
C3 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.3M in total assets. In 2024, it awarded 6 grants totaling $946K. Net investment income was $1.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,287,130 | $7,133,269 | $7,015,569 |
| Revenue | $1,143,620 | $125,681 | $102,176 |
| Expenses | $991,116 | $1,915,743 | $815,231 |
| Qualifying Distributions | $946,220 | $1,863,400 | $746,312 |
| Net Investment Income | $1,104,604 | $95,836 | $121,411 |
| Distributable Amount | $352,934 | $380,453 | $437,142 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Veterans Life Center ($300,000), St Davids School ($250,000), North Carolina Zoological Society Inc ($200,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE YOUNG MENS CHRISTIAN ASSOCIATION OF THE TRIANGLE AREA RALEIGH, NC | GENERAL OPERATING SUPPORT | $58,333 |
| NORTH CAROLINA ZOOLOGICAL SOCIETY INC ASHEBORO, NC | GENERAL OPERATING SUPPORT | $200,000 |
| SPCA OF WAKE COUNTY INC RALEIGH, NC | GENERAL OPERATING SUPPORT | $50,000 |
| ST DAVIDS SCHOOL RALEIGH, NC | GENERAL OPERATING SUPPORT | $250,000 |
| CHAPEL AND YORK US FOUNDATION INC AT CAPITAL ONE NATIONAL ASSOCIATION NEW YORK CITY, NY | GENERAL OPERATING SUPPORT | $87,887 |
| VETERANS LIFE CENTER RALEIGH, NC | GENERAL OPERATING SUPPORT | $300,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA R POOLE | PRESIDENT | 0.5 | — |
| LONNIE C POOLE III | VICE PRESIDENT | 0.5 | — |
| NANCY HALL | TRUSTEE | 0.5 | — |
| CHELSEA POOLE | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is C3 Foundation Inc?
C3 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RALEIGH, NC. It holds $6.3M in total assets as of 2024.
How large is C3 Foundation Inc?
As of 2024, C3 Foundation Inc holds $6.3M in total assets with $1.1M in annual revenue. It awarded 6 grants totaling $946K in 2024.
Where does C3 Foundation Inc operate?
C3 Foundation Inc has awarded grants in California, North Carolina, New York, Rhode Island.
What size grants does C3 Foundation Inc award?
In 2024, C3 Foundation Inc awarded 6 grants totaling $946K — an average of about $158K per grant, based on its IRS Form 990 filings.
How much is C3 Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, C3 Foundation Inc reported a distributable amount of $353K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is C3 Foundation Inc's EIN?
C3 Foundation Inc's EIN (Employer Identification Number) is 26-2511733. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in C3 Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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