New Hanover Community Endowment Inc
New Hanover Community Endowment Inc is a community foundation based in Wilmington, North Carolina, operating as a 501(c)(3) public charity. The organization was granted tax-exempt status in June 2021. The Endowment functions as a philanthropic grantmaking organization dedicated to improving quality of life across New Hanover County through strategic investments in community initiatives.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5B
+9.9% YoY
Annual Giving
$60.7M
Grant Count
61
Avg Grant Size
$996K
Mission & Focus Areas
Mission: To improve the health, education, safety, and economic opportunity of every person in our community.
The Endowment's grantmaking is guided by four strategic pillars:
- Education — Public primary, secondary, and post-secondary education initiatives
- Social & Health Equity — Health and social equity programs
- Community Development — Community development projects
- Community Safety — Community safety initiatives
The organization invests in initiatives that create lasting impact and enhance quality of life in New Hanover County. The Endowment supports organizations tackling root causes of community challenges through innovative and collaborative solutions.
Grantmaking
The Endowment maintains a grantee portal for organizations seeking funding. Applicants are advised to review the organization's priorities and eligibility criteria before applying. The Endowment emphasizes the importance of well-prepared applications with clear budgets that align with the organization's mission.
How to Apply
**
Ready to take the next step with New Hanover Community Endowment Inc?
Geographic Focus
Where this funder awards grants
New Hanover County, North Carolina, and the surrounding region. The organization's funding priorities specifically benefit residents of New Hanover County.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $1,548,109,603
- Total Revenue: $111,652,777
- Total Expenses: $73,806,669
- Total Liabilities: $53,800
Historical Context: The organization has demonstrated significant financial growth and stability, with assets exceeding $1.5 billion as of the most recent filing.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,548,109,603 | $1,408,948,388 | $1,208,160,901 |
| Revenue | $111,652,777 | $72,912,305 | $-36,712,168 |
| Expenses | $73,806,669 | $4,800,269 | $10,626,455 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $86,652,777 | $35,412,305 | $-36,712,168 |
| 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
100 grants across all recorded years
Open Grants
3 open opportunities from New Hanover Community Endowment Inc
Arts & Culture Program
New Hanover Community Endowment Inc
Amount
Varies
Deadline
Rolling / Open
Capacity Grants Program
New Hanover Community Endowment Inc
Amount
Up to $5,000
Deadline
April 4, 2027
Community Grants Program
New Hanover Community Endowment Inc
Amount
Up to $5,000
Deadline
April 4, 2027
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cape Fear Community College Foundation Incorporated ($5,609,774), New Hanover County Schools ($5,434,051), Shelter America Group ($4,700,000).
| Recipient | Purpose | Amount |
|---|---|---|
| A Safe Place Wrightsville Beach, NC | General support for programs, operations, and other charitable purposes | $1,200,000 |
| American Red Cross - Cape Fear Chapter Wilmington, NC | General support for programs, operations, and other charitable purposes | $979,087 |
| Backyard Housing Group Wilmington, NC | General support for programs, operations, and other charitable purposes | $60,000 |
| Better Is Possible Wilmington, NC | General support for programs, operations, and other charitable purposes | $150,000 |
| Blue Ribbon Commission on the Prevention of Youth Violence (DBA Voyage) Wilmington, NC | General support for programs, operations, and other charitable purposes | $561,915 |
| Boys & Girls Clubs of Southeastern North Carolina Wilmington, NC | General support for programs, operations, and other charitable purposes | $1,653,200 |
| Cape Fear Clinic Inc Wilmington, NC | General support for programs, operations, and other charitable purposes | $400,000 |
| Cape Fear Collective Wilmington, NC | General support for programs, operations, and other charitable purposes | $4,137,000 |
| Cape Fear Community College Foundation Incorporated Wilmington, NC | General support for programs, operations, and other charitable purposes | $5,609,774 |
| Cape Fear Community Land Trust Wilmington, NC | General support for programs, operations, and other charitable purposes | $125,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Spence Broadhurst | Director/Assistant Treasurer | 8 | — |
| Edel Segovia | Director/Secretary | 8 | — |
| Khadijia Tribie Reid | Director/Assistant Secretary | 8 | — |
| Bill Cameron | Board Chair/Interim President | 8 | — |
| Shannon Winslow | Director/Vice Chair | 8 | — |
| Jack Barto | Director | 8 | — |
| Bill Blair | Director | 8 | — |
| Chris Boney | Director | 8 | — |
| Cedric Dickerson | Director | 8 | — |
| Michele Holbrook | Director (until 05/21/24) | 8 | — |
| Patricia Kusek | Director (until 03/01/24) | 8 | — |
| Pat Maguire | Director | 8 | — |
| Mary Lyons Rouse | Director | 8 | — |
| David Sprunt | Director | 8 | — |
| Stedman Stevens | Director (until 09/30/24) | 8 | — |
| Woody White | Director | 8 | — |
| William Buster | President (until 02/28/24) | 40 | $386,134 |
| Lakesha McDay | Vice President (until 10/15/24) | 40 | $222,250 |
| Joel Beeson | Treasurer | 40 | $210,819 |
| Dan Winslow | President | 40 | $81,375 |
| Emily Page | Director of Learning | 40 | $148,188 |
| Leigh Quarles | Network Officer | 40 | $120,280 |
| Terri Burhans | Network Officer | 40 | $119,425 |
| Henry Maurer | Director of Communications | 40 | $104,600 |
Recent News & Activity
Recent developments and announcements
The Endowment has been actively distributing grants throughout 2025, with multiple significant grant announcements:
THE ENDOWMENT AWARDS $17M IN GRANTS, PUSHING 2025 GRANT AWARDS PAST $58MAwards of $17 million in grants, with 2025 grant awards exceeding $58 million
THE ENDOWMENT AWARDS $17M IN GRANTS, PUSHING 2025 GRANT AWARDS PAST $58MDistribution of $20.3 million across 16 grants to organizations in New Hanover County
The Endowment awards 16 grants worth over $20.3M to organizations in New$6 million awarded to eight New Hanover County nonprofits
THE ENDOWMENT AWARDS $6 MILLION TO 8 NEW HANOVER COUNTY NONPROFITS - New$500,000 distributed to more than 100 local organizations
The organization continues to expand its grantmaking programs and recently opened applications for Community and Capacity Grants. Leadership has highlighted new grant categories through the "Grants Rainbow" initiative, offering tailored support across different funding categories.
The Endowment awards 16 grants worth over $20.3M to organizations in NewSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does New Hanover Community Endowment Inc fund?
**Mission:** To improve the health, education, safety, and economic opportunity of every person in our community. The Endowment's grantmaking is guided by four strategic pillars: • **Education** — Public primary, secondary, and post-secondary education initiatives • **Social & Health Equity** — Health and social equity programs • **Community Development** — Community development projects • **Community Safety** — Community safety initiatives The organization invests in initiatives that create la…
How do I apply for a grant from New Hanover Community Endowment Inc?
**Grant Activity:** • Total giving in 2024: $60,745,645 • Typical grant awards range from $6,175 to $5,609,774 • Recent grant announcements indicate awards of $17 million, $20.3 million across multiple grants, $6 million to eight nonprofits, and $500,000 distributed to more than 100 local organizations **Application Process:** The Endowment maintains a grantee portal for organizations seeking funding. Applicants are advised to review the organization's priorities and eligibility criteria before…
Where does New Hanover Community Endowment Inc make grants?
New Hanover County, North Carolina, and the surrounding region. The organization's funding priorities specifically benefit residents of New Hanover County.
What size grants does New Hanover Community Endowment Inc award?
In 2024, New Hanover Community Endowment Inc awarded 61 grants totaling $60.7M — an average of about $996K per grant, based on its IRS Form 990 filings.
What is New Hanover Community Endowment Inc's EIN?
New Hanover Community Endowment Inc's EIN (Employer Identification Number) is 85-3563370. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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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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