Public Charity

NC STATE INVESTMENT FUND INC

NC STATE INVESTMENT FUND INC, of RALEIGH, NC, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $304.3M in revenue, $95.3M in expenses, $2.5B in total assets. IRS filings disclose 61 grants awarded by this foundation, totaling roughly $344.2M.

EIN: 311607634 RALEIGH, NC Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$304.3M
Total Expenses$95.3M
Total Assets$2.5B
Grants Given61
Grant Total$344.2M
Filing Years2020–2025

Mission

THE ORGANIZATION SUPPORTS NORTH CAROLINA STATE UNIVERSITY BY OPERATING AN INVESTMENT FUND.

Where $100 goes at NC State Investment Fund Inc

How NC State Investment Fund Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$90 Programs the work itself
$10 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $90 for programs

$90
The organization invests funds of the north carolina state university endowment fund and other university-related entities
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to NC State Investment Fund Inc

Rarely funds new orgs 7% of recent recipients were first-time grantees (2020–2023).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

ENDOWMENT FUND OF NC STATE UNIVERSITY
RALEIGH, NC · 2023
SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT
$23,526,490
RALEIGH, NC · 2023
SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT
$22,824,070
RALEIGH, NC · 2023
SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT
$6,625,200
RALEIGH, NC · 2023
SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT
$5,871,871
RALEIGH, NC · 2023
SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT
$3,275,966

Showing up to 5 of 61 total records — full history available with membership.

Officers & Directors

DIRECTOR Andrea Duhon
DIRECTOR Bill Trent
DIRECTOR Blas Arroyo
VICE CHANCELLOR Brian Sischo
DIRECTOR Charles Collins
TREASURER Charles Maimone

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$305,471,554 51 grants
General Support
$38,773,678 10 grants

Financial Trends

Year Revenue Expenses Assets
2025 $304.3M $95.3M $2.5B
2024 $147.8M $81.5M $2.2B
2023 $192.9M $79.5M $2.0B
2021 $187.8M $61.3M $1.8B
2020 $72.5M $59.6M $1.3B

Between 2020 and 2025, reported annual revenue grew from $72.5M to $304.3M (+320%), with total assets most recently reported at $2.5B.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NC.

NC

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for NC STATE INVESTMENT FUND INC

Complete financials, all 61 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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