Nc State Student Aid Association Inc logo

Nc State Student Aid Association Inc

RALEIGH, NC EIN: 56-0650623 Website

THE MISSION OF THE NC STATE STUDENT AID ASSOCIATION (WOLFPACK CLUB) IS TO PROVIDE PRIVATE FINANCIAL SUPPORT FOR ATHLETIC SCHOLARSHIPS AND FACILITIES FOR NC STATE UNIVERSITY. ADDITIONALLY, THE STUDENT AID ASSOCIATION PROVIDES COMMUNICATION AND SERVICES FOR ALL FRIENDS OF THE WOLFPACK ATHLETICS. ALL OF THE ACTIVITIES ARE DONE WITH THE HIGHEST INTEGRITY FOR ACADEMIC AND ATHLETIC EXCELLENCE AND WITHIN THE GUIDELINES ESTABLISHED BY THE UNIVERSITY, THE ATLANTIC COAST CONFERENCE, AND THE NATIONAL COLLEGIATE ATHLETIC ASSOCIATION.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$123.7M

+8.3% YoY

Annual Giving

$24.2M

-25.0% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$12.1M

-25.0% YoY

About Nc State Student Aid Association Inc

Based on IRS filings

Nc State Student Aid Association Inc is a nonprofit organization focused on Education, based in RALEIGH, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $123.7M in total assets. In 2024, it awarded 2 grants totaling $24.2M. Net investment income was $1.4M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Raleigh

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$13M$26M$40M$53M20202021202220232024
Metric202420232022
Total Assets$123,651,935$114,223,350$117,853,351
Revenue$32,577,617$34,945,207$35,950,194
Expenses$30,536,223$40,016,949$21,214,461
Qualifying Distributions
Net Investment Income$1,434,773$471,309$226,614
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$8M$16M$24M$32M0 grants20200 grants20213 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

NC STATE UNIVERSITY$14.8MNC STATE UNIVERSITY$9.4M

Grant Size Distribution

7 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M1$1–5M5$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nc State University ($14,791,731), Nc State University ($9,365,202).

RecipientPurposeAmount
NC STATE UNIVERSITY RALEIGH, NCNCSU STUDENT SCHOLARSHIPS$14,791,731
NC STATE UNIVERSITY RALEIGH, NCNCSU FACILITY IMPROVEMENTS AND SUPPORT$9,365,202

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

BENJAMIN J BROUSSARDEXECUTIVE DIRECTOR$377KJAMES L CORRELLASSOCIATE EXECUTIVE DIRECTOR$178KKIMBERLEY W FORESTACFO, UNTIL 4/2024$142KMEDIA S HOOKSASSOCIATE DIRECTOR OF MARKET…$139KSTEPHEN FOSHEEDIRECTOR OF MAJOR GIFTS$133KGEORGE W PRIDGENASSOCIATE DIRECTOR OF ANNUAL…$115KEMILY WAYLANDDIRECTOR OF ANNUAL GIVING$106KCAMERON LINCKASSOCIATE DIRECTOR OF MAJOR …$104K

From 2024 filing

NameTitleHoursCompensation
EDDIE WETHERILLPRESIDENT4
BRIAN MCMURRAYIMMEDIATE PAST PRESIDENT4
CLYDE PHILLIPSVICE PRESIDENT4
ELIZABETH COOLEYTREASURER4
KEN NICHOLSDIRECTOR1
KRIS NEALDIRECTOR1
BRAD REMMEYDIRECTOR1
JERRICHO COTCHERYDIRECTOR1
GREG HATEMDIRECTOR1
RANDY WOODSONEX-OFFICIO1
BRIAN SISCHOEX-OFFICIO1
CRYSTAL FISHDIRECTOR1
LARRY TWISDALEDIRECTOR1
CRES CALABRESEDIRECTOR1
MATT GRIFFITHDIRECTOR1
WOODY JONESDIRECTOR1
JIM STOWEDIRECTOR1
BOO CORRIGANEX-OFFICIO1
GED KINGDIRECTOR1
ASTRA BALLDIRECTOR1
DOUG DOGGETTDIRECTOR1
ANNETTE HOLLERDIRECTOR1
BENJAMIN J BROUSSARDEXECUTIVE DIRECTOR40$376,777
KIMBERLEY W FORESTACFO, UNTIL 4/202440$141,565
MELANIE FORNESCFO, FROM 4/2024-7/202440
JAMES L CORRELLASSOCIATE EXECUTIVE DIRECTOR40$177,767
MEDIA S HOOKSASSOCIATE DIRECTOR OF MARKETING40$139,042
STEPHEN FOSHEEDIRECTOR OF MAJOR GIFTS40$133,273
GEORGE W PRIDGENASSOCIATE DIRECTOR OF ANNUAL GIVING40$114,566
CAMERON LINCKASSOCIATE DIRECTOR OF MAJOR GIFTS40$103,502
EMILY WAYLANDDIRECTOR OF ANNUAL GIVING40$105,844

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Nc State Student Aid Association Inc?

Nc State Student Aid Association Inc is a nonprofit organization focused on Education, based in RALEIGH, NC. It holds $123.7M in total assets as of 2024.

How large is Nc State Student Aid Association Inc?

As of 2024, Nc State Student Aid Association Inc holds $123.7M in total assets with $32.6M in annual revenue. It awarded 2 grants totaling $24.2M in 2024.

Where does Nc State Student Aid Association Inc operate?

Nc State Student Aid Association Inc has awarded grants in North Carolina.

What size grants does Nc State Student Aid Association Inc award?

In 2024, Nc State Student Aid Association Inc awarded 2 grants totaling $24.2M — an average of about $12.1M per grant, based on its IRS Form 990 filings.

What is Nc State Student Aid Association Inc's EIN?

Nc State Student Aid Association Inc's EIN (Employer Identification Number) is 56-0650623. IRS Form 990 filing data is available on this page for 2020–2024.

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

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