Raleigh Civic Ventures Inc logo

Raleigh Civic Ventures Inc

Foundation · Grantmaker Raleigh, NC EIN: 56-2095185 Website

TO UNDERTAKE SPECIAL PROJECTS THAT SUPPORT AND COMPLEMENT THE MISSION OF THE DOWNTOWN RALEIGH ALLIANCE AND TO CONTINUE REVITALIZING RALEIGH'S DOWNTOWN DISTRICT.

Key facts about Raleigh Civic Ventures Inc

EIN
56-2095185
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$135,737
Grants made (2025)
14
Average grant
$9,696
Median grant
$7,500
Total assets
$284,737
Primary geography
North Carolina (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Raleigh Civic Ventures Inc funds

By grant dollars, the top recipient states for Raleigh Civic Ventures Inc's 14 itemized 2025 grants were North Carolina (100%). The most frequent recipient cities were Raleigh, NC (10 grants). None of its 14 grants with a stated purpose were described as general or operating support. Recurring purposes include "Store Front Upfit Grant" (14 grants).

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Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$285K

+39.9% YoY

Annual Giving

$136K

Grant Count

14

Avg Grant Size

$10K

About Raleigh Civic Ventures Inc

Based on IRS filings

Raleigh Civic Ventures Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $285K in total assets. In 2025, it awarded 14 grants totaling $136K. Net investment income was $306.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 14 itemized 2025 grant dollars.

Cities

RaleighCaryDurhamFuquayvarinaWake Forest

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$134K$268K$402K$536K2019202020212022202320242025
Metric202520242023
Total Assets$284,737$203,566$320,637
Revenue$487,254$182,465$282,195
Expenses$436,712$268,843$229,243
Qualifying Distributions———
Net Investment Income$306$366$72
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2025

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$68K$102K$136K0 grants20190 grants20200 grants20210 grants20220 grants20230 grants202414 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Mdub 1 LLC: $15KMdub 1 LLC$15KSweet WC LLC: $15KSweet WC LLC$15KCreative Block LLC: $15KCreative Block LLC$15KLucky Pie Gallery Inc: $15KLucky Pie Gallery Inc$15KKristin S Conrad Lace Center Foundation: $13KKristin S Conrad Lace CenterFoundation$13KEvel Three LLC: $13KEvel Three LLC$13KPallbearer LLP: $8KPallbearer LLP$8KMalik-Kashi Inc: $8KMalik-Kashi Inc$8KChancesrdu LLC: $8KChancesrdu LLC$8KLittlest LLC: $8KLittlest LLC$8K

Grant Size Distribution

14 grants across all recorded years

14<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest recipients include Mdub 1 LLC ($15,000), Sweet WC LLC ($15,000), Creative Block LLC ($15,000).

RecipientPurposeAmount
MDUB 1 LLC Raleigh, NCSTORE FRONT UPFIT GRANT$15,000
SWEET WC LLC Wake Forest, NCSTORE FRONT UPFIT GRANT$15,000
CREATIVE BLOCK LLC Cary, NCSTORE FRONT UPFIT GRANT$15,000
LUCKY PIE GALLERY INC Raleigh, NCSTORE FRONT UPFIT GRANT$15,000
KRISTIN S CONRAD LACE CENTER FOUNDATION Durham, NCSTORE FRONT UPFIT GRANT$12,500
EVEL THREE LLC Raleigh, NCSTORE FRONT UPFIT GRANT$12,500
PALLBEARER LLP Raleigh, NCSTORE FRONT UPFIT GRANT$7,500
MALIK-KASHI INC Raleigh, NCSTORE FRONT UPFIT GRANT$7,500
CHANCESRDU LLC Raleigh, NCSTORE FRONT UPFIT GRANT$7,500
LITTLEST LLC Raleigh, NCSTORE FRONT UPFIT GRANT$7,500

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

NameTitleHoursCompensation
Bill KingPresident and CEO20—
Paulette DillardRCV Board Chair1—
Skip HillRCV Board Vice Chair1—
Bo DempsterRCV Board Legal Counsel1—
Tia McLaurinRCV Board Secretary1—
Derrick RemerRCV Board Treasurer1—
Mike MunnRCV at-Large Member1—
Britt ThomasRCV at-Large Member1—
Emily WilliamsRCV at-Large Member1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Raleigh Civic Ventures Inc?

Raleigh Civic Ventures Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Raleigh, NC. It holds $285K in total assets as of 2025.

How large is Raleigh Civic Ventures Inc?

As of 2025, Raleigh Civic Ventures Inc holds $285K in total assets with $487K in annual revenue. It awarded 14 grants totaling $136K in 2025.

Where does Raleigh Civic Ventures Inc operate?

Raleigh Civic Ventures Inc has awarded grants in North Carolina.

What size grants does Raleigh Civic Ventures Inc award?

In 2025, Raleigh Civic Ventures Inc awarded 14 grants totaling $136K — an average of about $10K per grant, based on its IRS Form 990 filings.

What is Raleigh Civic Ventures Inc's EIN?

Raleigh Civic Ventures Inc's EIN (Employer Identification Number) is 56-2095185. IRS Form 990 filing data is available on this page for 2019–2025.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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