Nc Idea

Organization Overview

Nc Idea is located in Durham, NC. The organization was established in 2002. According to its NTEE Classification (U41) the organization is classified as: Computer Science, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NC Idea is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Since 2015, NC Idea has awarded 659 individual grants totaling $12,500,890. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PERFORM CERTAIN FUNCTIONS OF, AND/OR CARRY OUT CERTAIN PURPOSES OF THE COUNCIL FOR ENTREPRENEURIAL DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NC IDEA AIDED IN THE FORMATION, FINANCING, AND GROWTH OF EARLY-STAGE TECHNOLOGY COMPANIES THROUGH MENTORING, OUTREACH ACTIVITIES, AND TECHNOLOGY COMMERCIALIZATION GRANTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Entrepreneurial Learning Initiative
$91,000
Convergent Nonprofit Solutions Llc
$136,415
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $8,003
Interest on Savings $8,453
Dividends & Interest $424,431
Profit on Inventory Sales $0
Other Income -$621,452
Total Revenue -$1,424,982

Grants Awarded

Over the last fiscal year, Nc Idea has awarded $3,566,291 in support to 207 organizations.

Grant RecipientAmount

SMART GIRLS HQ

PURPOSE: ECOSYSTEM GRANTS

$75,000

BATTERYXCHANGE

PURPOSE: ECOSYSTEM GRANTS

$75,000

DAVOS CORPORATION

PURPOSE: ECOSYSTEM GRANTS

$75,000

RENAISSANCE FIBER LLC

PURPOSE: ECOSYSTEM GRANTS

$75,000

COURTROOM5

PURPOSE: ECOSYSTEM GRANTS

$75,000

Durham, NC

PURPOSE: ECOSYSTEM GRANTS

$70,000
View Grant Profile

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