Wilkes Community College Foundation Inc

Organization Overview

Wilkes Community College Foundation Inc is located in Wilkesboro, NC. The organization was established in 1973. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Wilkes Community College Foundation Inc employed 219 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wilkes Community College Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Wilkes Community College Foundation Inc generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $4.0m during the year ending 06/2022. While expenses have increased by 4.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

HELPING THE STUDENTS OF WILKES COMMUNITY COLLEGE

Describe the Organization's Program Activity:

Part 3 - Line 4a

IMPROVEMENTS OF WILKES COMMUNITY COLLEGE CAMPUS AND HELPING THE STUDENTS OF THE COLLEGE


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Board, Officers & Key Employees

Name (title)Compensation
Allison Phillips
Exec Director
$100,784
Arnold Lakey
President
$0
Jim Smoak
Vice President
$0
William Watts
Treasurer
$0
Carolyn Brookshire Pardue
Secretary
$0
Linda Absher
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Se System Inc
Technology
$599,966
Party Time Rentals Inc
Services
$351,933
Wj Office
Office Supplies
$310,097
Laerdal Medical Corporation
Medical Equipment
$166,088
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$145,334
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,973,551
Noncash contributions included in lines 1a–1f $2,296,506
Total Revenue from Contributions, Gifts, Grants & Similar$6,118,885
Total Program Service Revenue$0
Investment income $246,065
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$101,908
Net Income from Fundraising Events $1,835,100
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,211,087

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Wilkes Community College Foundation Inc has recieved totaling $353,824.

Awarding OrganizationAmount
Strickland Family Foundation

Winston Salem, NC

PURPOSE: EDUCATION

$276,000
North Carolina Community Foundation Inc

Raleigh, NC

PURPOSE: EDUCATION

$41,990
Winston-Salem Foundation

Winstonsalem, NC

PURPOSE: 2 GRANT(S) FOR VARYING PURPOSES

$10,000
Wilkes Education Foundation Inc

North Wilkesboro, NC

PURPOSE: SCHOLARSHIPS

$8,000
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$7,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: EDUCATION

$5,834
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,277,258
Earnings-$719,294
Net Contributions$3,850,549
Ending Balance$5,408,513

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