North Carolina Textile Foundation Inc
To advance wilson college of textiles through engagement, partnership and philanthropy. As a charitable organization, the foundation supports the college and dean of the college and such support shall include but is not limited to providing funds for scholarships to deserving undergraduate and graduate students; recruitment and retention of highly qualified students, educators and researchers; and placement of graduates. The foundation also assists in the acquisition and maintenance of state-of-the-art equipment and facilities for research and education.
North Carolina Textile Foundation Inc at a glance
In short: North Carolina Textile Foundation Inc gave $2.4M across 1 grant in 2025 (avg $2.4M), mostly in North Carolina. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $2,370,367
- +32.8% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $2,370,367
- +32.8% vs 2024
- Median grant
- $2,370,367
- Total assets
- $104,571,165
- +12.7% 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.
Who North Carolina Textile Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 5 grants of 5 (100%).
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 Textile Foundation Inc gives
- Giving grew 65% 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 2020 to 2025, annual grant giving ranged from $1.2M (2021) to $2.4M (2025). In 2025 it made 1 grant totaling $2.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $2,370,367 |
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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 | $104,571,165 | $11,450,249 | $5,466,543 | $2,370,367 | 1 | $2,028,789 |
| 2024 | $92,800,052 | $6,908,763 | $4,706,717 | $1,785,557 | 1 | $950,242 |
| 2023 | $84,202,750 | $6,538,403 | $4,719,381 | $1,453,392 | 1 | $4,121,861 |
| 2022 | $84,834,428 | $5,103,985 | $3,689,405 | $1,434,427 | 1 | $2,087,222 |
| 2021 | $89,766,290 | $14,376,026 | $3,253,748 | $1,194,652 | 1 | $7,763,131 |
| 2020 | $68,426,543 | $8,605,046 | $3,783,732 | $2,289,073 | 1 | $2,410,228 |
About North Carolina Textile Foundation Inc
Based on IRS filings
North Carolina Textile Foundation Inc is a public charity focused on Education, based in Raleigh, NC. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $104.6M in total assets. In 2025, it awarded 1 grant totaling $2.4M. Net investment income was $2.0M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
North Carolina Textile Foundation Inc is led by Michael Ward, Executive Director since 2025 (on filings since 2020); none of the 25 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Ward
Executive Director
Executive Director → Ex-Officio, 2021
Ex-Officio → Executive Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Nancy Webster
President
Secretary → Vice President, 2022
Vice President → President, 2024
On filings since 2020
1 hr/week
No compensation reported
Brendan Sullivan
Director
Treasurer → President, 2022
President → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
David Hinks
Director
University Ex-Officio → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Elaine Hughes
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
George Ragsdale
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Matthew B. Griffith
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Rick Elmore
Director
President → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Robin Perkins
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Wesley D. Horne
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Charles S. Heilig III
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2021
1 hr/week
No compensation reported
Charles Flynt Jr.
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Johnny L. Chapman Jr.
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Mindy Oakley
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Prashant Prabhu
Director
Director → Board of Director, 2023
Board of Director → Director, 2024
On filings since 2022
1 hr/week
No compensation reported
Dennis Goff
Director
On filings since 2024
1 hr/week
No compensation reported
Sherry McCraw
Director
On filings since 2024
1 hr/week
No compensation reported
Tammy Buckner
Director
On filings since 2024
1 hr/week
No compensation reported
Amy Bircher Bruyn
Director
New on the 2025 filing
1 hr/week
No compensation reported
Melissa Stewart
Director
New on the 2025 filing
1 hr/week
No compensation reported
Leib Oehmig
Secretary
Director → Board of Director, 2023
Board of Director → Secretary, 2024
On filings since 2020
1 hr/week
No compensation reported
Erin Delehanty
Assistant Treasurer
On filings since 2021
1 hr/week
No compensation reported
Dana R. Harris
Assistant Treasurer
On filings since 2023
1 hr/week
No compensation reported
Elizabeth C. Calabrese
Vice President
Secretary → Vice President, 2024
On filings since 2023
1 hr/week
No compensation reported
Kenneth T. Huggins
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Former officers (14)
- Former: Amy H. Isenhour (2020–2023) — Board of Director
- Former: Mary Peloquin-Dodd (2021–2023) — Former Assistant Treasurer
- Former: Cres Calabrese (2020–2022) — Secretary
- Former: Ellen Rohde (2020–2022) — Director
- Former: Ty Huggins (2020–2022) — Treasurer
- Former: Chuck H. Flynt Jr. (2020–2021) — Director
- Former: Karen Stuckey (2020–2021) — Director
- Former: Ken Kunberger (2020–2021) — Director
- Former: George Perkins (2021) — Director
- Former: Carrie Bhada (2020) — Former Executive Director & Ex-Officio
- Former: Charck S. Heilig III (2020) — Director
- Former: Derick S. Close (2020) — Director
- Former: Les Miller (2020) — Director
- Former: Peaches G. Blank (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Textile Foundation Inc
How much does North Carolina Textile Foundation Inc give each year?
North Carolina Textile Foundation Inc gave $2.4M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.8M across 1 grant.
How large is North Carolina Textile Foundation Inc?
North Carolina Textile Foundation Inc reported $104.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $11.5M.
What is North Carolina Textile Foundation Inc?
North Carolina Textile Foundation Inc is a public charity focused on Education, based in Raleigh, NC. It holds $104.6M in total assets as of 2025.
Where does North Carolina Textile Foundation Inc operate?
North Carolina Textile Foundation Inc has awarded grants in North Carolina.
What is North Carolina Textile Foundation Inc's EIN?
North Carolina Textile Foundation Inc's EIN (Employer Identification Number) is 56-6045324. IRS Form 990 filing data is available on this page for 2020–2025.
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 2020 (received by the IRS February 25, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 23, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS December 14, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 20, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS January 21, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work North Carolina Textile Foundation Inc funds
Education Open opportunities, soonest deadline first.
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Browse active grant opportunities in North Carolina Textile Foundation Inc's focus areas in our free grants database
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North Carolina Textile Foundation Inc down — hundreds of funders to go?