Capital Community Foundation Inc logo

Capital Community Foundation Inc

RALEIGH, NC EIN: 56-1942969 Website

Capital Community Foundation Inc. is a Section 501(c)(3) public charity based in Raleigh, North Carolina. Founded in 1995, the foundation operates as a donor-advised fund platform that enables charitable donors to establish family funds and direct philanthropic giving while receiving tax benefits. The foundation manages contributions and facilitates grants to various 501(c)(3) public charities throughout the United States and internationally.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$19.7M

+1.4% YoY

Annual Giving

$648K

+6.4% YoY

Grant Count

24

-11.1% YoY

Avg Grant Size

$27K

+19.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: To provide donors of all means with a way to maximize their charitable objectives while taking advantage of immediate income tax benefits, and to allow responsible plans for giving in perpetuity.

The foundation supports charitable giving across multiple focus areas, including education, philanthropy, voluntarism, grantmaking, and human services. The foundation will not support charities that discriminate against any persons based upon their race, religion, gender, or sexual orientation.

Grantmaking

The foundation operates as a donor-advised fund platform where donors recommend charitable purposes for their contributed assets. Recent grants made by the foundation include:

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Geographic Focus

Where this funder awards grants

The foundation supports charities throughout the United States, Europe, and South America, with particular emphasis on North Carolina, Virginia, and Wyoming.

Grant Distribution by State

13states
+5 more states

Cities

AngierAtlantaBensonBooneBuies CreekCaryChapel HillChattanoogaDenverDunnDurhamElizabeth CityFuquay VarinaGarnerGoldsboroHerndonHillsdaleIndianapolisJacksonvilleJuno Beach

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $19,735,393
  • Total Revenues: $3,079,136
  • Total Expenses: $869,426
  • Total Giving: $769,929
  • Number of Employees: 1

The foundation reports over $30 million in investment assets and over $50 million pledged to charitable causes.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
Total Assets$19,735,393$19,472,267$19,849,960
Revenue$3,079,136$2,845,237$554,041
Expenses$869,426$842,509$1,236,093
Qualifying Distributions
Net Investment Income$352,810$399,819$149,504
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$7M36 grants202022 grants202132 grants202227 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Media Research Center$150KCampbell University$95KProvidence Baptist Church$47KBoys & Girls Club of Wak…$43KACT for America$25KGenerosity Trust Liberty…$25KJudicial Watch$25KWolfpack Elite$25KAngier Baptist Church$20KEpoch Times$20K

Grant Size Distribution

141 grants across all recorded years

123<$50K9$50–100K6$100–250K1$250–500K$500K–1M1$1–5M1$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Media Research Center ($150,000), Campbell University ($95,000), Providence Baptist Church ($47,000).

RecipientPurposeAmount
ACT for America Virginia Beach, VA$25,000
Angier Baptist Church Angier, NC$20,000
Arts of the Albemarle Elizabeth City, NC$6,000
Boys & Girls Club of Wake County Raleigh, NC$43,000
Campbell University Buies Creek, NC$95,000
Cowboy Joe Club Laramie, WY$15,000
Epoch Times New York, NY$20,000
First Presbyterian Church of Mooresville Mooresville, NC$12,000
Generosity Trust Liberty Fund Chattanooga, TN$25,000
Heritage Preparatory School of Georgia Atlanta, GA$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Jennifer Munford — President and Chief Executive Officer
  • Bailey Williams — Chief Financial Officer
  • R Donavon Munford — Chairman/Treasurer

The foundation was founded by Don Munford.

Compensation Overview

From 2024 IRS filing

Bailey M WilliamsCFO$42K

From 2024 filing

NameTitleHoursCompensation
Bailey M WilliamsCFO40$42,000
Paul Y CobleDirector
Richard A ThompsonDirector
Thomas H Fetzer JrDirector
R Donavon Munford JrTreasurer20
Adrian N WilsonDirector
Jennifer S MunfordPresident & CEO40

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Capital Community Foundation Inc fund?

**Mission:** To provide donors of all means with a way to maximize their charitable objectives while taking advantage of immediate income tax benefits, and to allow responsible plans for giving in perpetuity. The foundation supports charitable giving across multiple focus areas, including education, philanthropy, voluntarism, grantmaking, and human services. The foundation will not support charities that discriminate against any persons based upon their race, religion, gender, or sexual orienta…

How do I apply for a grant from Capital Community Foundation Inc?

The foundation operates as a donor-advised fund platform where donors recommend charitable purposes for their contributed assets. Recent grants made by the foundation include: • Media Research Center: $150,000 (2024) • Campbell University: $95,000 (2024) • Providence Baptist Church of Raleigh: $47,000 (2024) Grant amounts typically range from $5,250 to $150,000. The foundation made 22 grants totaling $769,929 in 2024. Donors can establish funds in less than one hour and may contribute various a…

Where does Capital Community Foundation Inc make grants?

The foundation supports charities throughout the United States, Europe, and South America, with particular emphasis on North Carolina, Virginia, and Wyoming.

What size grants does Capital Community Foundation Inc award?

In 2024, Capital Community Foundation Inc awarded 24 grants totaling $648K — an average of about $27K per grant, based on its IRS Form 990 filings.

What is Capital Community Foundation Inc's EIN?

Capital Community Foundation Inc's EIN (Employer Identification Number) is 56-1942969. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Capital Community Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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