Public Charity

COLLEGE FOUNDATION INC

COLLEGE FOUNDATION INC is a Public Charity headquartered in Raleigh, NC. Financial data from the 2025 filing: $31.7M revenue, $32.1M expenses, $55.8M total assets. 1 publicly reported grants to this organization, totaling roughly $5K, appear in IRS filings.

EIN: 566046937 Raleigh, NC Latest filing: 2025
Total Revenue$31.7M
Total Expenses$32.1M
Total Assets$55.8M
Grant Records1
Funding Total$5K
Filing Years2021–2025

Mission

Our work today makes a better tomorrow by empowering people to achieve their academic goals. We provide financial assistance for higher education to benefit society and strengthen the economy of the state of North Carolina.

Officers & Directors

Trustee A Hope Williams
Trustee Brian K Reid
Chairman of Board Charles J Stewart
Security Officer/Proj Mgr Daniel F Sullivan
IT Operations Manager Dawn S Harris
Trustee Felicia Woodard

Officer compensation and complete director data available with membership.

Top Grant Purposes

EDUCATIONAL GRANT
$5,475 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $31.7M $32.1M $55.8M
2024 $27.3M $25.0M $51.1M
2023 $31.4M $27.7M $52.5M
2022 $28.6M $27.9M $54.7M
2021 $27.9M $26.8M $52.3M

Between 2021 and 2025, reported annual revenue grew from $27.9M to $31.7M (+14%), with total assets most recently reported at $55.8M.

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

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