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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
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Assets
$32K
Grants
1
Total Given
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Grants
1
Total Given
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Ihope Foundation
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Assets
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Grants
1
Total Given
$20K
Orange County Partnership for Young
HILLSBOROUGH, NC
Assets
$477K
Grants
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Total Given
$2.1M
North Carolina Baptist Hospital
WINSTONSALEM, NC
Assets
$2.8B
Grants
17
Total Given
$634K
The Anne Shuford Mcbryde
ASHEVILLE, NC
Assets
$970K
Grants
19
Total Given
$49K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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