North Carolina Central University Foundation Inc
The mission of the North Carolina Central University Foundation, inc., is to foster and promote the growth of higher education in North Carolina and specifically North Carolina central university by whatever name it may be designated, and to that end to encourage, solicit, receive and administer gifts and bequests of property and to hold in trust any property, real and personal given, devised, bequeathed, given in trust or in any other way made over to said corporation for the use or benefit of North Carolina central university; to invest or disburse all monies received, and generally to care for, manage, administer and control all such property received, and to carry out the wishes and to see that the funds and property so received, and to carry allowable designations of the donors, and to perform any acts and expend funds not specifically designated, in any manner in which the corporation's board of directors shall determine will be beneficial to the university.
North Carolina Central University Foundation Inc at a glance
In short: North Carolina Central University Foundation Inc gave $10.7M across 1 grant in 2025 (avg $10.7M), mostly in North Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $10,689,450
- -35.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $10,689,450
- -35.2% vs 2024
- Median grant
- $10,689,450
- Total assets
- $63,729,778
- +20.0% vs 2024
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to North Carolina Central University Foundation Inc
Open Grants
1 open opportunity from North Carolina Central University Foundation Inc
Who North Carolina Central University Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was North Carolina Central University ($10.7M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How North Carolina Central University Foundation Inc gives
- Giving grew 124% from 2022 to 2025. 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 2019 to 2025, annual grant giving ranged from $3.0M (2020) to $16.5M (2024). In 2025 it made 1 grant totaling $10.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| North Carolina Central University Durham, NC | University Support | $10,689,450 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $63,729,778 | $22,337,570 | $12,460,598 | $10,689,450 | 1 | $2,691,380 |
| 2024 | $53,121,014 | $21,722,265 | $18,037,819 | $16,493,712 | 1 | $2,644,851 |
| 2023 | $49,204,677 | $20,090,272 | $13,680,130 | $12,224,338 | 1 | $711,989 |
| 2022 | $41,061,034 | $14,481,388 | $5,949,139 | $4,762,690 | 1 | $2,340,725 |
| 2021 | $38,094,635 | $16,189,044 | $6,016,238 | $5,107,085 | 1 | $1,525,792 |
| 2020 | $24,908,417 | $4,681,403 | $3,798,726 | $2,953,949 | 1 | $680,779 |
| 2019 | $24,336,665 | $8,144,128 | $6,918,976 | $6,097,307 | 1 | $1,023,026 |
About North Carolina Central University Foundation Inc
Based on IRS filings
North Carolina Central University Foundation Inc is a public charity focused on Education, based in Durham, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $63.7M in total assets. In 2025, it awarded 1 grant totaling $10.7M. Net investment income was $2.7M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
North Carolina Central University Foundation Inc is led by Ernest Jenkins, Vice President & Executive Director since 2020 (on filings since 2019); 2 of 21 officers listed in 2025 are compensated.
Officers on the 2025 filing
Ernest Jenkins
Vice President & Executive Director
Vice President & Executive Director From → Vice President & Executive Director, 2020
On filings since 2019
40 hrs/week
$24K (2019) → $394K (2025)
Frankie J. Perry
President
On filings since 2019
11 hrs/week
No compensation reported
Jason Sherrill
Finance Director
On filings since 2024
40 hrs/week
$168K (2024) → $194K (2025)
Charles Travis III
Director
Director From → Director, 2020
On filings since 2019
1 hr/week
No compensation reported
D. Carr Thompson
Director
On filings since 2019
2 hrs/week
No compensation reported
Geoffrey Hudson
Director
On filings since 2019
3 hrs/week
No compensation reported
Harry Stafford
Director
Director From → Director, 2020
On filings since 2019
3 hrs/week
No compensation reported
James Speed
Director
On filings since 2019
4 hrs/week
No compensation reported
Paula Hubbard
Director
On filings since 2019
1 hr/week
No compensation reported
Christopher Boozer
Director
Director From → Director, 2022
On filings since 2021
1 hr/week
No compensation reported
Garland R. Avent
Director
Director From → Director, 2022
On filings since 2021
4 hrs/week
No compensation reported
Kamaria Brown
Director
Director From → Director, 2022
On filings since 2021
1 hr/week
No compensation reported
Antoinette Dr Burwell
Director
On filings since 2023
1 hr/week
No compensation reported
Calvin J. Crosslin
Director
On filings since 2023
1 hr/week
No compensation reported
Herbert Rivera-Sanchez
Director
On filings since 2023
1 hr/week
No compensation reported
Omar Banks
Director From June
New on the 2025 filing
1 hr/week
No compensation reported
Cornell Slade
Executive Officio
Director From → Director, 2020
Director → Executive Officio, 2025
On filings since 2019
1 hr/week
No compensation reported
James D. Williams
Treasurer
On filings since 2019
2 hrs/week
No compensation reported
Susan Hester Institutional Advancem
Ex-Officio
On filings since 2023
2 hrs/week
No compensation reported
Andre Vann
Ex-Officio
New on the 2025 filing
1 hr/week
No compensation reported
Karrie G. Dixon
Executive Officio
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (20)
- Former: Cornelius L. Best (2019–2024) — Director
- Former: Johnson Akinleye (2019–2024) — Ex-Officio
- Former: Monica Perry (2021–2024) — Director
- Former: Tomeika A. Bowden (2021–2024) — Ex-Officio
- Former: Floyd Benjamin (2019–2023) — Director · Filing note: Until 62023
- Former: James Walker (2019–2022) — Ex-Officio
- Former: Gia Soublet Institutional Advanceme (2021–2022) — Ex-Officio
- Former: Kerry Watson (2019–2021) — Director
- Former: A. Leon Stanback (2019–2020) — Director
- Former: Daniel R. Meachum (2019–2020) — Secretary
- Former: Harriet Frink Davis (2019–2020) — Ex-Officio Non-Voting
- Former: Heather S. Linton (2019–2020) — Director
- Former: Quantella Williams (2019–2020) — Director
- Former: Samuel Cooper (2019–2020) — Ex-Officio
- Former: Susan Hester (2020) — Ex-Officio Non-Voting From December
- Former: Antonio L. McDaniel (2019) — Executive Director
- Former: Delores Parker (2019) — Director
- Former: Dwight Perry (2019) — Director
- Former: E'vonne Coleman (2019) — Director
- Former: George Hamilton (2019) — Ex-Officio
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $394K, to Ernest Jenkins (Vice President/Executive Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about North Carolina Central University Foundation Inc
How much does North Carolina Central University Foundation Inc give each year?
North Carolina Central University Foundation Inc gave $10.7M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $16.5M across 1 grant.
How large is North Carolina Central University Foundation Inc?
North Carolina Central University Foundation Inc reported $63.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $22.3M.
What is North Carolina Central University Foundation Inc?
North Carolina Central University Foundation Inc is a public charity focused on Education, based in Durham, NC. It holds $63.7M in total assets as of 2025.
Where does North Carolina Central University Foundation Inc operate?
North Carolina Central University Foundation Inc has awarded grants in North Carolina.
What is North Carolina Central University Foundation Inc's EIN?
North Carolina Central University Foundation Inc's EIN (Employer Identification Number) is 23-7410301. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990 for fiscal year 2025 (received by the IRS May 14, 2026)
- Added Form 990 for fiscal year 2019 (received by the IRS February 29, 2020)
- Updated Form 990 for fiscal year 2020 (received by the IRS March 5, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 8, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS June 21, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
Explore Open Grants
Browse active grant opportunities in North Carolina Central University Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). North Carolina Central University Foundation Inc funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/north-carolina-central-university-foundation-inc-morg_48f980e6f4f048bf9413921432721077
BibTeX
@misc{grantable_237410301_2026,
author = {{Grantable}},
title = {{North Carolina Central University Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/north-carolina-central-university-foundation-inc-morg_48f980e6f4f048bf9413921432721077},
note = {Accessed 2026-10-06. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from North Carolina Central University Foundation Inc'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.
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