Johnston Community College Foundation Inc

Organization Overview

Johnston Community College Foundation Inc is located in Smithfield, NC. The organization was established in 1986. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, 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. Johnston 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, Johnston Community College Foundation Inc generated $3.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $836.8k during the year ending 06/2022. 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

JOHNSTON COMMUNITY COLLEGE FOUNDATION'S MISSION IS TO BUILD PARTNERSHIPS AND RESOURCES FOR EDUCATIONAL OPPORTUNITIES

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE FUNDS FOR SPECIAL PURPOSES, SPECIAL AWARDS, SCHOLARSHIPS, INNOVATION GRANTS, AND DIRECT INSTITUTIONAL SUPPORT FOR THE BENEFIT OF JOHNSTON COMMUNITY COLLEGE AND ITS STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Baraldi
Treasurer
$0
Dr Twyla Wells
Executive Di
$0
Nathan Arnn
Member
$0
Woody Bailey
Member
$0
Sarai Daniels
Member
$0
Randy Davis
President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$54,058
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,108,586
Noncash contributions included in lines 1a–1f $64,057
Total Revenue from Contributions, Gifts, Grants & Similar$2,162,644
Total Program Service Revenue$0
Investment income $214,968
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $604,783
Net Income from Fundraising Events -$4,037
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,978,358

Grants Awarded

Over the last fiscal year, Johnston Community College Foundation Inc has awarded $189,902 in support to 3 organizations.

Grant RecipientAmount

JOHNSTON COMMUNITY COLLEGE

Org PageRecipient Profile

Smithfield, NC

PURPOSE: VAR SPECIAL PROJECTS

$149,902

JOHNSTON COMMUNITY COLLEGE

Org PageRecipient Profile

Smithfield, NC

PURPOSE: DIRECT INST SUPPORT

$20,000

JOHNSTON COMMUNITY COLLEGE

Org PageRecipient Profile

Smithfield, NC

PURPOSE: STRATEGIC IMPACT AWA

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Johnston Community College Foundation Inc has recieved totaling $45,413.

Awarding OrganizationAmount
Robert P Holding Foundation Inc

Smithfield, NC

PURPOSE: GENERAL SUPPORT

$30,000
The Duke Energy Foundation

Charlotte, NC

PURPOSE: VIBRANT ECONOMIES

$15,000
The Duke Energy Foundation

Charlotte, NC

PURPOSE: MATCHING GIFTS

$350
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$63
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,452,537
Earnings-$8,403
Net Contributions$164,560
Ending Balance$7,608,694

Peer Organizations

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