Capital Community Foundation Inc
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
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
141 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| 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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Bailey M Williams | CFO | 40 | $42,000 |
| Paul Y Coble | Director | — | — |
| Richard A Thompson | Director | — | — |
| Thomas H Fetzer Jr | Director | — | — |
| R Donavon Munford Jr | Treasurer | 20 | — |
| Adrian N Wilson | Director | — | — |
| Jennifer S Munford | President & CEO | 40 | — |
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
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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