Public Charity

NORTH CAROLINA TEXTILE FOUNDATION INC

NORTH CAROLINA TEXTILE FOUNDATION INC is a nonprofit organization categorized as Public Charity based in RALEIGH, NC. Its most recent IRS filing (2025) reports revenue of $11.5M, expenses of $5.5M, total assets of $104.6M. Imperigo tracks 57 reported grant relationships connected to this organization totaling approximately $8.1M.

EIN: 566045324 RALEIGH, NC Latest filing: 2025
Total Revenue$11.5M
Total Expenses$5.5M
Total Assets$104.6M
Grant Records57
Funding Total$8.1M
Filing Years2020–2025

Mission

TO ADVANCE WILSON COLLEGE OF TEXTILES THROUGH ENGAGEMENT, PARTNERSHIP AND PHILANTHROPY. AS A CHARITABLE ORGANIZATION, THE FOUNDATION SUPPORTS THE COLLEGE AND DEAN OF THE COLLEGE AND SUCH SUPPORT SHALL INCLUDE BUT IS NOT LIMITED TO PROVIDING FUNDS FOR SCHOLARSHIPS TO DESERVING UNDERGRADUATE AND GRADUATE STUDENTS; RECRUITMENT AND RETENTION OF HIGHLY QUALIFIED STUDENTS, EDUCATORS AND RESEARCHERS; AND PLACEMENT OF GRADUATES. THE FOUNDATION ALSO ASSISTS IN THE ACQUISITION AND MAINTENANCE OF STATE-OF-THE-ART EQUIPMENT AND FACILITIES FOR RESEARCH AND EDUCATION.

Officers & Directors

DIRECTOR Amy Bircher Bruyn
DIRECTOR Brendan Sullivan
DIRECTOR Charles Flynt Jr
DIRECTOR Charles Heilig Iii
ASST. TREASURER Dana R Harris
DIRECTOR David Hinks

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIPS, FACULTY SUPPORT, DEPARTMENTAL SUPPORT AND FACILITY SUPPORT
$6,425,731 2 grants
EDUCATION
$669,700 23 grants
GENERAL SUPPORT
$515,783 8 grants
CHARITABLE GIFT
$244,900 5 grants
UNRESTRICTED GENERAL SUPPORT
$60,000 5 grants

Financial Trends

Year Revenue Expenses Assets
2025 $11.5M $5.5M $104.6M
2024 $6.9M $4.7M $92.8M
2023 $6.5M $4.7M $84.2M
2021 $14.4M $3.3M $89.8M
2020 $8.6M $3.8M $68.4M

Between 2020 and 2025, reported annual revenue grew from $8.6M to $11.5M (+33%), with total assets most recently reported at $104.6M.

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

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