Public Charity

NORTH CAROLINA BANKERS ASSOCIATION FOUNDATION

NORTH CAROLINA BANKERS ASSOCIATION FOUNDATION is a nonprofit organization categorized as Public Charity based in RALEIGH, NC. Its most recent IRS filing (2024) reports revenue of $807K, expenses of $672K, total assets of $5.5M. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $146K.

EIN: 561391773 RALEIGH, NC Latest filing: 2024
Total Revenue$807K
Total Expenses$672K
Total Assets$5.5M
Grant Records3
Funding Total$146K
Filing Years2020–2024

Mission

THE CORPORATION'S PRIMARY PURPOSE INCLUDE: (1) MAKING SCHOLARSHIP GRANTS TO QUALIFIED RESIDENTS OF NORTH CAROLINA; (2) MAKING FUNDS AVAILABLE TO ANY PERSON OR ENTITY IN ORDER TO EDUCATE THE PUBLIC REGARDING FINANCIAL LITERACY, BANKING AND FINANCE LAWS, OR CONSUMER PROTECTION; AND (3) DISTURBING FUNDS TO FULL OR PART-TIME BANK EMPLOYEES WITH IMMEDIATE NEEDS WHO LIVE IN AN AREA WHERE A CURRENT OR FUTURE DISASTER HAS BEEN DESIGNATED AND WHO HAVE SUSTAINED SIGNIFICANT PROPERTY DAMAGE OR EXPENSES AS A RESULT OF THE DISASTER.

Officers & Directors

BOARD MEMBER Amanda Lloyd
BOARD MEMBER (BEGAN JUNE 2024) Bill Bunn
CHAIRMAN Bob Washburn
BOARD MEMBER (THRU FEB. 2024) Caroline Taylor
BOARD MEMBER (BEGAN AUG. 2024) Chris Bell
BOARD MEMBER David Allen

Officer compensation and complete director data available with membership.

Top Grant Purposes

HURRICANE FLORENCE DONATION
$101,400 1 grant
1 GRANT(S) FOR VARYING PURPOSES
$35,000 1 grant
YOUTH LEADERSHIP INITIATIVE
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $807K $672K $5.5M
2023 $274K $118K $5.1M
2022 $86K $63K $4.9M
2021 $178K $63K $5.1M
2020 $96K $83K $5.0M

Between 2020 and 2024, reported annual revenue grew from $96K to $807K (+741%), with total assets most recently reported at $5.5M.

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

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