Nash Community College Foundation Inc

Organization Overview

Nash Community College Foundation Inc is located in Rocky Mount, NC. The organization was established in 1984. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nash 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 06/2023, Nash Community College Foundation Inc generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.0% each year . All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 12.1% per year over the past 8 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.

Since 2015, Nash Community College Foundation Inc has awarded 16 individual grants totaling $3,212,741. 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 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE NASH COMMUNITY COLLEGE FOUNDATION, INC. WAS ESTABLISHED IN 1983 TO INCREASE COMMUNITY AWARENESS, RAISE FUNDS FOR THE STUDENT SCHOLARSHIP PROGRAM, AND TO HELP MEET THE NEEDS OF NASH COMMUNITY COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONTRIBUTIONS TO NASH COMMUNITY COLLEGE FOR STUDENT SCHOLARSHIPS, ACTIVITIES, AND OTHER NEEDS OF NASH COMMUNITY COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Oakley
President
$0
Brian Hutson
Vice Preside
$0
R Lee Currin
Treasurer
$0
Don Raper
Past Preside
$0
Lyn Brown
Secretary
$0
Donna Reams
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$9,105
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,928,680
Noncash contributions included in lines 1a–1f $214,906
Total Revenue from Contributions, Gifts, Grants & Similar$2,937,785
Total Program Service Revenue$0
Investment income $247,484
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $536,163
Net Income from Fundraising Events $25,029
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,746,461

Grants Awarded

Over the last fiscal year, Nash Community College Foundation Inc has awarded $510,488 in support to 2 organizations.

Grant RecipientAmount

NASH COMMUNITY COLLEGE

PURPOSE: SCHOLARSHIPS

$324,007

NASH COMMUNITY COLLEGE

PURPOSE: OTHER ACTIVITIES

$186,481
View Grant Profile

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