The Community Foundation of NC East Inc logo

The Community Foundation of NC East Inc

Public charity · Grantmaker Greenville, NC EIN: 56-2152669 Website

The Community Foundation of NC East is a public charity based in Greenville, an individual recipient It helps donors establish charitable funds and makes grants to support nonprofit organizations and charitable work across eastern an individual recipient

The Community Foundation of NC East Inc at a glance

In short: The Community Foundation of NC East Inc gave $1.6M across 55 grants in 2024 (avg $29K), mostly in North Carolina. 38% of 2024 grantees were new. Source: 2024 IRS Form 990.

Annual giving (2024)
$1,595,616
-47.8% vs 2023
Grants made (2024)
55
-11.3% vs 2023
Average grant
$29,011
-41.1% vs 2023
Median grant
$12,500
Total assets
$16,643,886
+0.9% vs 2023
New grantees (estimate)
38% first-time grantees (20 of 53, 2024)
Primary geography
North Carolina (82% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The Community Foundation of NC East Inc

How to Apply

The foundation invites nonprofits to contact it to discuss how it may help their organization. The available information does not specify required application materials or a formal application process.

Contact

Mailing address: PO Box 3985, Greenville, NC 27836
Phone: (252) 756-8549
Website: https://cfnceast.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Community Foundation of NC East Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Community Fdn of NC East: $334KThe Community Fdn of NC East$334KWrightsville Beach Baptist Church: $150KWrightsville Beach BaptistChurch$150KHot Manna Minute Ministry: $100KHot Manna Minute Ministry$100KBoys and Girls Club-Albemarle: $76KBoys and Girls Club-Albemarle$76KGreenville Museum of Art: $68KGreenville Museum of Art$68KRegulator Marine IHS Pass Through Account: $50KRegulator Marine IHS PassThrough Account$50KMyrtle Grove Christian School: $50KMyrtle Grove Christian School$50KP&A Pass Through Fund: $47KP&A Pass Through Fund$47KAgape Flights Inc: $35KAgape Flights Inc$35KKOJ Ministries: $33KKOJ Ministries$33K

The largest 2024 recipient was The Community Fdn of NC East ($334K). Together the top 10 received $942K.

Organizations only. It also paid 1 individual scholarship ($52,739), which are not listed by name.

Grant Size Distribution

275 grants across all recorded years

236<$50K24$50–100K12$100–250K2$250–500K$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 236 grants of 275 (86%).

Geographic Focus

Where this funder awards grants

The foundation serves eastern an individual recipient Applicants do not need to be located in Greenville, but the foundation’s FAQ says they must be located within its region.

Grant Distribution by State

17states

Share of 2024 grant dollars across all 55 itemized grants.

Cities

GreenvilleEdentonWilmingtonRoxboroRaleighGoldsboroWintervilleKansas CityNashvilleRobersonvilleVeniceWilliamstonChapel HillColorado SpringsDurhamChathamChicagoKinstonMerry HillNew York

Is The Community Foundation of NC East Inc open to new grantees?

38%

first-time grantees, 2024

In 2024, 20 of 53 grantees (38%) were first-time recipients. First grants averaged $16K; repeat grants $37K. How we count

Medians: $11K first-time, $13K repeat.

  • 58% of 2024 grantees were also funded in 2023. Method
  • Giving grew 33% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M40 grants2020 53 grants2021 65 grants2022 62 grants2023 55 grants2024

From 2020 to 2024, annual grant giving ranged from $1.2M (2020) to $3.1M (2023). In 2024 it made 55 grants totaling $1.6M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Community Fdn of NC East Greenville, NCGeneral Support$334,307
Wrightsville Beach Baptist Church Wrightsville Beach, NCGeneral Support$150,000
Hot Manna Minute Ministry Hiawassee, GAGeneral Support$100,000
Boys and Girls Club-Albemarle Edenton, NCGeneral Support$75,600
Greenville Museum of Art Greenville, NCGeneral Support$67,670
1 individual scholarship Recipients not named —$52,739
Regulator Marine IHS Pass Through Account Edenton, NCGeneral Support$50,000
Myrtle Grove Christian School Wilmington, NCGeneral Support$50,000
P&A Pass Through Fund Greenville, NCGeneral Support$46,500
Agape Flights Inc Venice, FLGeneral Support$35,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$16,643,886$4,290,230$5,226,832$1,595,61655$500,299
2023$16,500,415$7,283,080$6,237,632$3,055,04662$407,196
2022$14,267,102$3,890,255$3,589,086$1,958,05965$220,380
2021$16,141,205$4,247,984$2,247,998$1,200,13853$1,256,708
2020$13,709,416$3,206,698$2,162,673$1,167,19340$548,352

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission is to promote, enable, and celebrate philanthropy in eastern an individual recipient Its website describes a range of fund types, including unrestricted, field-of-interest, donor-advised, scholarship, and designated funds.

Its grantmaking supports a variety of organizations and causes. For example, the Greenville Museum of Art describes its own mission as promoting the arts through programs and maintaining its art collection and facilities. Children’s Miracle Network describes its mission as raising money for children’s healthcare in local communities, while The Nature Conservancy describes its mission as conserving the lands and waters on which life depends. These are the grantees’ stated missions, not the foundation’s.

Grantmaking

In 2022, the foundation reported 65 grants totaling $1,958,059. Grant amounts vary, and the foundation encourages organizations to request what they need to complete a proposed project; it does not publish an average grant amount in the available information. Its 2024 filing, the latest on this page, reports 55 grants totaling $1.6 million.

Among the reported 2022 recipients, Children’s Miracle Network received $184,088 and the Greenville Museum of Art received $81,510. Other recipients included Agape Flights ($50,000), My Life Matters ($30,000), The Nature Conservancy ($30,000), Carolina Pregnancy Center ($27,000), Montgomery Bell Academy ($25,000), and the American Heart Association ($25,000).

Eligible applicants include tax-exempt organizations such as 501(c)(3)s, local nonprofit branches of 501(c)(1)s, government agencies, nonprofit schools, and religious organizations applying for non-religious purposes. Organizations must maintain their applicable tax-exempt status and comply with IRS reporting requirements. Organizations that have applied for nonprofit status may apply, but grants generally cannot be distributed until 501(c)(3) status is active. The foundation does not award grants to individuals, except that scholarships and financial aid are paid directly to educational institutions on students’ behalf. Areas generally not funded include computer hardware and software, vehicles, conferences, capital, and research. An organization may receive only one grant per calendar year. Funding periods depend on the fund, and some funds offer multiyear support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Melissa Spain as CEO; James L. Lanier, Randy Tosmic, Mary J. Raab, Barbour Strickland, and PJ Connelly Jr. as directors; Walter Bolden as treasurer; Simmi Prasad as president; and Micah Ball as secretary.

The Community Foundation of NC East Inc is led by Melissa Spain, CEO since 2023 (on filings since 2020); none of the 9 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Melissa Spain

    CEO

    Executive Director → CEO, 2023

    On filings since 2020

    40 hrs/week

    $99K (2020) → $0 (2024)

  • Simmi Prasad

    President

    Director → President, 2024

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mary J. Raab

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Pj Connelly Jr.

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Barbour Strickland

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • James L. Lanier

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Randy Tosmic

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Micah Ball

    Secretary

    Director → Secretary, 2021

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Walter Bolden

    Treasurer

    On filings since 2020

    2 hrs/week

    No compensation reported

Former officers (7)
  • Former: Francis G. Serio (2020–2023) — President
  • Former: John Bray (2020–2023) — Director
  • Former: Will Daugherty (2020–2022) — Director
  • Former: Randy Tomsic (2021–2022) — Director
  • Former: David Silver (2020) — Secretary
  • Former: Deanna Boyette (2020) — Director
  • Former: Kimberly Saad (2020) — Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2023 IRS filing

Mrs Melissa Spain — CEO: $133KMrs Melissa SpainCEO$133K

The highest reported compensation on the 2023 filing was $133K, to Mrs Melissa Spain (CEO).

Frequently asked questions about The Community Foundation of NC East Inc

How much does The Community Foundation of NC East Inc give each year?

The Community Foundation of NC East Inc gave $1.6M across 55 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.1M across 62 grants.

What is The Community Foundation of NC East Inc's typical grant size?

The Community Foundation of NC East Inc's median grant in 2024 was $12,500, and its average grant was $29,011, across 55 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Community Foundation of NC East Inc that year got $16K on average.

Where does The Community Foundation of NC East Inc give grants?

The Community Foundation of NC East Inc gives mostly in North Carolina: 82% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Georgia (6%). The most frequent recipient cities were Greenville, NC (15 grants), Edenton, NC (6 grants), Wilmington, NC (3 grants) and Roxboro, NC (3 grants).

Does The Community Foundation of NC East Inc give general operating support?

Yes: 100% of The Community Foundation of NC East Inc's 2024 grants with a stated purpose (55 of 55) were for general or operating support, per its 2024 IRS Form 990.

Who are The Community Foundation of NC East Inc's largest grantees?

The Community Foundation of NC East Inc's largest 2024 grantees include The Community Fdn of NC East ($334,307), Wrightsville Beach Baptist Church ($150,000) and Hot Manna Minute Ministry ($100,000), according to its 2024 IRS Form 990. It also paid 1 individual scholarship ($52,739), which are not listed by name. Together they received 37% of its itemized 2024 grant dollars.

How large is The Community Foundation of NC East Inc?

The Community Foundation of NC East Inc reported $16.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $4.3M.

What does The Community Foundation of NC East Inc fund?

The organization’s stated mission is to promote, enable, and celebrate philanthropy in eastern an individual recipient Its website describes a range of fund types, including unrestricted, field-of-interest, donor-advised, scholarship, and designated funds. See mission & focus areas ↑

How do I apply for a grant from The Community Foundation of NC East Inc?

The foundation invites nonprofits to contact it to discuss how it may help their organization. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Community Foundation of NC East Inc's EIN?

The Community Foundation of NC East Inc's EIN (Employer Identification Number) is 56-2152669. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS September 26, 2025)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
  3. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). The Community Foundation of NC East Inc funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/the-community-foundation-of-nc-east-inc-morg_c50283764ef54a4ea5ff5530e5333d64

BibTeX
@misc{grantable_562152669_2026,
  author       = {{Grantable}},
  title        = {{The Community Foundation of NC East Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-community-foundation-of-nc-east-inc-morg_c50283764ef54a4ea5ff5530e5333d64},
  note         = {Accessed 2026-10-05. 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 The Community Foundation of NC East 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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