North Carolina Bankers Association Foundation
The corporation's primary purpose include: (1) making scholarship grants to qualified residents of North Carolina; (2) making funds available to any person or entity in order to educate the public regarding financial literacy, banking and finance laws, or consumer protection; and (3) disturbing funds to full or part-time bank employees with immediate needs who live in an area where a current or future disaster has been designated and who have sustained significant property damage or expenses as a result of the disaster.
North Carolina Bankers Association Foundation at a glance
- Total assets
- $5,492,510
- +6.7% vs 2023
- Revenue (2024)
- $807,375
- +194.6% vs 2023
- Net investment income (2024)
- $249,041
- +67.1% vs 2023
- Expenses (2024)
- $671,561
- +469.8% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
How to apply to North Carolina Bankers Association Foundation
- Next open deadline
- March 27, 2027 (NCBA Foundation Scholarships)
Open Grants
1 open opportunity from North Carolina Bankers Association Foundation
Who North Carolina Bankers Association Foundation funds
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How North Carolina Bankers Association Foundation gives
- Giving held roughly steady from 2020 to 2023 (+17%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $25K (2020) to $33K (2022). In 2023 it made 1 grant totaling $29K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| YMCA of Greensboro Greensboro, NC | To Help Sustain the Operations of Camp Weaver | $29,250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $5,492,510 | $807,375 | $671,561 | — | — | $249,041 |
| 2023 | $5,146,034 | $274,020 | $117,851 | $29,250 | 1 | $149,020 |
| 2022 | $4,857,905 | $86,476 | $63,150 | $33,150 | 1 | $48,264 |
| 2021 | $5,084,675 | $177,953 | $62,799 | $25,600 | 1 | $135,264 |
| 2020 | $4,968,354 | $96,005 | $82,603 | $25,000 | 1 | $74,515 |
| 2019 | $4,840,331 | $210,033 | $195,397 | — | — | $79,383 |
About North Carolina Bankers Association Foundation
Based on IRS filings
North Carolina Bankers Association Foundation is a public charity focused on Education, based in Raleigh, NC. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $5.5M in total assets. Net investment income was $249K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
North Carolina Bankers Association Foundation is led by Peter Gwaltney, President & CEO on every filing since 2019; none of the 26 officers listed in 2024 report compensation.
Officers on the 2024 filing
Peter Gwaltney
President & CEO
On filings since 2019
10 hrs/week
No compensation reported
Bob Washburn
Chairman
Director → Vice Chair, 2023
Vice Chair → Chairman, 2024
On filings since 2019
1 hr/week
No compensation reported
Jim Hansen
Immediate Past Chair
Vice Chair → Chair, 2023
Chair → Immediate Past Chair, 2024
On filings since 2019
1 hr/week
No compensation reported
Jim Marshall
Vice Chairman
Director → Vice Chairman, 2024
On filings since 2019
1 hr/week
No compensation reported
Jeff Whittington
Board Member
Director → Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Nathan Batts
Counsel & Senior Vice President
On filings since 2020
10 hrs/week
No compensation reported
Mike Atkinson
Board Member
Director → Board Member, 2024
On filings since 2021
1 hr/week
No compensation reported
Robin Hager
Board Member
Director → Board Member, 2024
On filings since 2021
1 hr/week
No compensation reported
Amanda Lloyd
Board Member
Director → Board Member, 2024
On filings since 2022
1 hr/week
No compensation reported
Caroline Taylor
Board Member
Director → Board Member, 2024
On filings since 2022
1 hr/week
No compensation reported
David Allen
Board Member
Director → Board Member, 2024
On filings since 2022
1 hr/week
No compensation reported
David Barksdale
Board Member
Director → Board Member, 2024
On filings since 2022
1 hr/week
No compensation reported
Juan Austin
Board Member
Director → Board Member, 2024
On filings since 2022
1 hr/week
No compensation reported
Lynn Johnson
COO
COO & Executive Vice President → COO, 2024
On filings since 2022
10 hrs/week
No compensation reported
David Weaver
Board Member
Director → Board Member, 2024
On filings since 2023
1 hr/week
No compensation reported
Drew Covert
Board Member
Director → Board Member, 2024
On filings since 2023
1 hr/week
No compensation reported
Jim Rose
Board Member
Director → Board Member, 2024
On filings since 2023
1 hr/week
No compensation reported
Bill Bunn
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Chris Bell
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Felicia Woodard
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Hunter Westbrook
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Keith Epstein
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Mark Holmes
CFO
New on the 2024 filing
10 hrs/week
No compensation reported
Michelle Sutton
Corporate Secretary & Acct. Specialist
New on the 2024 filing
10 hrs/week
No compensation reported
Randy Adcock
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Suzanne Brooks
Controller
New on the 2024 filing
10 hrs/week
No compensation reported
Former officers (19)
- Former: Diane Baldwin (2019–2023) — Vice President & Controller
- Former: Jim Sills (2019–2023) — Immediate Past Chairman
- Former: Kyle Chavis (2019–2023) — Director
- Former: Mary Willis (2019–2023) — Immediate Past Chairman
- Former: Blair Jernigan (2020–2023) — Event Management & Senior Vice President
- Former: Stephen Collie (2020–2023) — Director
- Former: Stephanie Tucker (2022–2023) — CFO & Senior Vice President
- Former: Charles Frederick (2019–2022) — Immediate Past Chairman
- Former: Grace Sampson (2019–2022) — Corporate Secretary & Senior Vice President
- Former: Lance Sellers (2019–2022) — Director
- Former: Lee Fite (2019–2022) — Director
- Former: Ted Whitehurst (2019–2022) — Director
- Former: Gregg Strader (2020–2022) — Director
- Former: Brant Standbridge (2021–2022) — Director
- Former: Richard Jefferson (2019–2020) — Director
- Former: Wendell Begley (2019–2020) — Director
- Former: Bruce Elder (2019) — Director
- Former: David Stevens (2019) — Director
- Former: Grey Morgan (2019) — Director
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about North Carolina Bankers Association Foundation
How large is North Carolina Bankers Association Foundation?
North Carolina Bankers Association Foundation reported $5.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $807K.
What is North Carolina Bankers Association Foundation?
North Carolina Bankers Association Foundation is a public charity focused on Education, based in Raleigh, NC. It holds $5.5M in total assets as of 2024.
Where does North Carolina Bankers Association Foundation operate?
North Carolina Bankers Association Foundation has awarded grants in Illinois, North Carolina.
What is North Carolina Bankers Association Foundation's EIN?
North Carolina Bankers Association Foundation's EIN (Employer Identification Number) is 56-1391773. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS July 8, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS August 6, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS July 26, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 2, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS June 25, 2024)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work North Carolina Bankers Association Foundation funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in North Carolina Bankers Association Foundation's focus areas in our free grants database
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United Way of Rockingham County Inc
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North Carolina Alliance of Ymcas
Raleigh, NC
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Assets
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Figures come from North Carolina Bankers Association Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
North Carolina Bankers Association Foundation down — hundreds of funders to go?