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.
Key facts about North Carolina Textile Foundation Inc
- EIN
- 56-6045324
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $2,370,367
- Grants made (2025)
- 1
- Average grant
- $2,370,367
- Median grant
- $2,370,367
- Total assets
- $104,571,165
- Primary geography
- North Carolina (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
How North Carolina Textile Foundation Inc gives
- Giving grew 65% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with North Carolina Textile Foundation Inc
- How to evaluate North Carolina Textile Foundation Inc as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$104.6M
+12.7% YoY
Annual Giving
$2.4M
+32.8% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$2.4M
+32.8% YoY
About North Carolina Textile Foundation Inc
Based on IRS filings
North Carolina Textile Foundation Inc is a nonprofit organization 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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $104,571,165 | $92,800,052 | $84,202,750 |
| Revenue | $11,450,249 | $6,908,763 | $6,538,403 |
| Expenses | $5,466,543 | $4,706,717 | $4,719,381 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $2,028,789 | $950,242 | $4,121,861 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include North Carolina State University ($2,370,367).
| Recipient | Purpose | Amount |
|---|---|---|
| NORTH CAROLINA STATE UNIVERSITY Raleigh, NC | TO PROVIDE FOR STUDENT SCHOLARSHIPS, FUND RESEARCH AND PROFESSORSHIPS AND ASSIST WITH CAPITAL PURCHASES. | $2,370,367 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Amy Bircher Bruyn | Director | 1 | — |
| Tammy Buckner | Director | 1 | — |
| Elizabeth C Calabrese | Vice President | 1 | — |
| Johnny L Chapman Jr | Director | 1 | — |
| Rick Elmore | Director | 1 | — |
| Charles Flynt Jr | Director | 1 | — |
| Dennis Goff | Director | 1 | — |
| Matthew Griffith | Director | 1 | — |
| Charles Heilig III | Director | 1 | — |
| David Hinks | Director | 1 | — |
| Wesley Horne | Director | 1 | — |
| Kenneth T Huggins | Treasurer | 1 | — |
| Elaine Hughes | Director | 1 | — |
| Sherry McCraw | Director | 1 | — |
| Mindy Oakley | Director | 1 | — |
| Leib Oehmig | Secretary | 1 | — |
| Prashant Prabhu | Director | 1 | — |
| George Ragsdale | Director | 1 | — |
| Melissa Stewart | Director | 1 | — |
| Brendan Sullivan | Director | 1 | — |
| Nancy Webster | President | 1 | — |
| Robin Perkins | Director Until 11/30/24 | 1 | — |
| Erin Delehanty | Asst. Treasurer | 1 | — |
| Dana R Harris | Asst. Treasurer | 1 | — |
| Michael Ward | Executive Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is North Carolina Textile Foundation Inc?
North Carolina Textile Foundation Inc is a nonprofit organization focused on Education, based in Raleigh, NC. It holds $104.6M in total assets as of 2025.
How large is North Carolina Textile Foundation Inc?
As of 2025, North Carolina Textile Foundation Inc holds $104.6M in total assets with $11.5M in annual revenue. It awarded 1 grant totaling $2.4M in 2025.
Where does North Carolina Textile Foundation Inc operate?
North Carolina Textile Foundation Inc has awarded grants in North Carolina.
What size grants does North Carolina Textile Foundation Inc award?
In 2025, North Carolina Textile Foundation Inc awarded 1 grant totaling $2.4M — an average of about $2.4M per grant, based on its IRS Form 990 filings.
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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.