The Lord Foundation Of North Carolina

Organization Overview

The Lord Foundation Of North Carolina is located in Durham, NC. The organization was established in 1985. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lord Foundation Of North Carolina 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 06/2021, Lord Foundation Of North Carolina generated $641.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $19.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FINANCIAL ASSISTANCE TO DUKE UNIVERSITY FOR THE SUPPORT OF SELECTED RESEARCH, TEACHING, OR OTHER ACADEMIC PROGRAMS IN SELECT ENGINEERING FIELDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO DUKE UNIVERSITY TO SUPPORT RESEARCH IN THE FIELDS OF BIOMEDICAL ENGINEERING, ELECTRICAL ENGINEERING, MECHANICAL ENGINEERING, MATERIALS SCIENCE, CHEMISTRY, AND ENGINEERING INFRASTRUCTURE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $641,441
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $641,441

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