TO FOSTER AND PROMOTE THE GROWTH OF HIGHER EDUCATION IN NORTH CAROLINA AND SPECIFICALLY NORTH CAROLINA CENTRAL UNIVERSITY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$53.1M
+8.0% YoY
Annual Giving
$9.6M
+38.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$9.6M
+38.8% YoY
About North Carolina Central University
Based on IRS filings
North Carolina Central University is a nonprofit organization focused on Education, based in DURHAM, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $53.1M in total assets. In 2024, it awarded 1 grants totaling $9.6M. Net investment income was $2.6M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $53,121,014 | $49,204,677 | $41,061,034 |
| Revenue | $21,722,265 | $20,090,272 | $14,481,388 |
| Expenses | $18,037,819 | $13,680,130 | $5,949,139 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,644,851 | $711,989 | $2,340,725 |
| 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 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Open Grants
1 open opportunity from North Carolina Central University
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAULA HUBBARD | DIRECTOR | 1 | — |
| D CARR THOMPSON | DIRECTOR | 2 | — |
| CORNELIUS L BEST | DIRECTOR | 1 | — |
| JAMES SPEED | DIRECTOR | 4 | — |
| GEOFFREY HUDSON | DIRECTOR | 3 | — |
| CHARLES TRAVIS III | DIRECTOR | 1 | — |
| HARRY STAFFORD | DIRECTOR | 3 | — |
| GARLAND R AVENT | DIRECTOR | 4 | — |
| KAMARIA BROWN | DIRECTOR | 1 | — |
| MONICA PERRY | DIRECTOR | 1 | — |
| CHRISTOPHER BOOZER | DIRECTOR | 1 | — |
| JOHNSON AKINLEYE | EX-OFFICIO | 1 | — |
| SUSAN HESTER INSTITUTIONAL ADVANCEM | EX-OFFICIO | 2 | — |
| TOMEIKA A BOWDEN | EX-OFFICIO | 1 | — |
| FRANKIE J PERRY | PRESIDENT | 11 | — |
| ERNEST JENKINS | VICE PRESIDENT/EXECUTIVE DIRECTOR | 40 | $351,554 |
| JAMES D WILLIAMS | TREASURER | 2 | — |
| ANTOINETTE DR BURWELL | DIRECTOR | 1 | — |
| CALVIN J CROSSLIN | DIRECTOR | 1 | — |
| HERBERT RIVERA-SANCHEZ | DIRECTOR | 1 | — |
| CORNELL SLADE | DIRECTOR | 1 | — |
| JASON SHERRILL | FINANCE DIRECTOR | 40 | $167,912 |
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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