Mitchell Community College Foundation

STATESVILLE, NC EIN: 56-1961239

THE MISSION OF THE MITCHELL COMMUNITY COLLEGE FOUNDATION AND ENDOWMENT FOR EXCELLANCE (THE FOUNDATION) IS TO ASSIST MITCHELL COMMUNITY COLLEGE (THE COLLEGE) IN ACHEIVING EXCELLENCE IN ITS MISSION OF PROVIDING AN ACCESSIBLE AND AFFORDABLE EDUCATION TO AREA STUDENTS; TO PROMOTE, DEVELOP, AND ENCOURAGE PUBLIC SUPPORT OF THE COLLEGE; AND TO AID, STRENGTHEN, AND FURTHER IN EVERY PROPER AND USEFUL WAY THE WORK AND SUCCESS OF THE COLLEGE

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$21.9M

+7.8% YoY

Revenue

$1.8M

+74.5% YoY

Net Investment Income

$1.6M

+74.7% YoY

Expenses

$1.1M

-3.2% YoY

About Mitchell Community College Foundation

Based on IRS filings

Mitchell Community College Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in STATESVILLE, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $21.9M in total assets. Net investment income was $1.6M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Statesville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$537K$1M$2M$2M202020212022202320242025
Metric202520242023
Total Assets$21,858,351$20,270,176$18,697,682
Revenue$1,787,545$1,024,260$666,512
Expenses$1,084,833$1,121,083$570,627
Qualifying Distributions
Net Investment Income$1,608,993$921,014$549,162
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$76K$152K$228K$304K1 grants20200 grants20210 grants20220 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

0 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
RALPH BENTLEYCHAIRMAN1
JAMES BREWERSECRETARY2.25
ELIZABETH CANNONDIRECTOR1
CAROL CHILDRESSDIRECTOR1
MIKE COOKDIRECTOR1
LISA EVERSOLEDIRECTOR1
ERICA GOODNIGHTDIRECTOR1
RAYMOND HILLDIRECTOR1
GERALD HYDETREASURER3.75
DOUGLAS MCCRACKENDIRECTOR1
MOLLY NICHOLSONDIRECTOR1
BILL POPEDIRECTOR1
JANE TESTERMANDIRECTOR1
JULIA WILSONDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mitchell Community College Foundation?

Mitchell Community College Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in STATESVILLE, NC. It holds $21.9M in total assets as of 2025.

How large is Mitchell Community College Foundation?

As of 2025, Mitchell Community College Foundation holds $21.9M in total assets with $1.8M in annual revenue.

Where does Mitchell Community College Foundation operate?

Mitchell Community College Foundation has awarded grants in North Carolina.

What is Mitchell Community College Foundation's EIN?

Mitchell Community College Foundation's EIN (Employer Identification Number) is 56-1961239. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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