C3 Foundation Inc
C3 Foundation Inc is a private foundation, 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.
C3 Foundation Inc at a glance
In short: C3 Foundation Inc gave $946K across 6 grants in 2024 (avg $158K), mostly in North Carolina. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $946,220
- -49.2% vs 2023
- Grants made (2024)
- 6
- -25.0% vs 2023
- Average grant
- $157,703
- -32.3% vs 2023
- Median grant
- $143,944
- Total assets
- $6,287,130
- -11.9% vs 2023
- Primary geography
- North Carolina (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who C3 Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Veterans Life Center ($300K). Together the top 6 received $946K.
Grant Size Distribution
27 grants across all recorded years
The most common grant size was under $50K: 10 grants of 27 (37%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How C3 Foundation Inc gives
- Giving grew 2266% from 2021 to 2024. Method
- In 2024 it paid out 268% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $40K (2021) to $1.9M (2023). In 2024 it made 6 grants totaling $946K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Veterans Life Center Raleigh, NC | General Operating Support | $300,000 |
| St Davids School Raleigh, NC | General Operating Support | $250,000 |
| North Carolina Zoological Society Inc Asheboro, NC | General Operating Support | $200,000 |
| Chapel and York US Foundation Inc at Capital One National Association New York City, NY | General Operating Support | $87,887 |
| The Young Mens Christian Association of the Triangle Area Raleigh, NC | General Operating Support | $58,333 |
| SPCA of Wake County Inc Raleigh, NC | General Operating Support | $50,000 |
Ready to take the next step with C3 Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $6,287,130 | $1,143,620 | $991,116 | $946,220 | 6 | $946,220 | $1,104,604 | $352,934 |
| 2023 | $7,133,269 | $125,681 | $1,915,743 | $1,863,400 | 8 | $1,863,400 | $95,836 | $380,453 |
| 2022 | $7,015,569 | $102,176 | $815,231 | $746,312 | 5 | $746,312 | $121,411 | $437,142 |
| 2021 | $9,707,235 | $1,518,966 | $96,945 | $40,000 | 3 | $40,000 | $900,124 | $493,104 |
| 2020 | $7,859,509 | $82,947 | $379,731 | $333,500 | 5 | — | $128,983 | $405,094 |
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.
Leadership & Key People
Officers and directors from IRS filings
C3 Foundation Inc is led by Lisa R. Poole, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lisa R. Poole
President
On filings since 2020
0.5 hrs/week
No compensation reported
Chelsea Poole
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Nancy Hall
Trustee
On filings since 2021
0.5 hrs/week
No compensation reported
Lonnie C. Poole III
Vice President
On filings since 2020
0.5 hrs/week
No compensation reported
Former officers (2)
- Former: Joseph Davis (2020) — Treasurer
- Former: Thomas Saieed Jr. (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about C3 Foundation Inc
How much does C3 Foundation Inc give each year?
C3 Foundation Inc gave $946K across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.9M across 8 grants.
What is C3 Foundation Inc's typical grant size?
C3 Foundation Inc's median grant in 2024 was $143,944, and its average grant was $157,703, across 6 grants on its 2024 IRS Form 990-PF.
Where does C3 Foundation Inc give grants?
C3 Foundation Inc gives mostly in North Carolina: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (9%). The most frequent recipient cities were Raleigh, NC (4 grants).
Does C3 Foundation Inc give general operating support?
Yes: 100% of C3 Foundation Inc's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are C3 Foundation Inc's largest grantees?
C3 Foundation Inc's largest 2024 grantees include Veterans Life Center ($300,000), St Davids School ($250,000) and North Carolina Zoological Society Inc ($200,000), according to its 2024 IRS Form 990-PF. Together they received 79% of its itemized 2024 grant dollars.
How large is C3 Foundation Inc?
C3 Foundation Inc reported $6.3M in total assets on its 2024 IRS Form 990-PF. It paid out $946K in qualifying distributions that year, against a required minimum of $353K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in C3 Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Triangle Community Foundation Inc
Durham, NC
The foundation supports nonprofits in cultural arts, education and youth, nonprofit capacity building, and sustainable communities, with grants also benefiting fields such as health, conservation, and human services. Its 2025 grants had a median of $20,000 and ranged from about $5,000 to $1.39 million; it primarily serves Durham, Orange, Wake, and Chatham Counties in North Carolina. It accepts applications for competitive discretionary programs during open grant cycles; donor-advised fund grants are also made.
Assets
$335.8M
Grants
599
Total Given
$26.7M
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Chaucer Charitable Foundation
Raleigh, NC
The foundation’s 2024 grants supported a range of charitable organizations, including groups focused on children, arts, social services, health, and faith-based work; these grants do not establish stated funding priorities. It gave 56 grants ranging from $100 to $7,500, with a median of $1,000, and 90% of grant dollars went to North Carolina. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$351K
Grants
56
Total Given
$103K
Reynolds American Foundation
Winston-Salem, NC
Assets
$56.0M
Grants
280
Total Given
$3.5M
John & Frances Morisey Trust Account
Raleigh, NC
The John & Frances Morisey Trust Account funds churches and Christian ministries, education, health services, and human services, primarily in North Carolina. Its 2025 grants ranged from $250 to $56,200, with a median of $1,000. It supports only preselected organizations and does not accept unsolicited requests.
Assets
$1.5M
Grants
37
Total Given
$197K
More similar funders
More Funders in North Carolina
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from C3 Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
C3 Foundation Inc down — hundreds of funders to go?