Public Charity

EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC

EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION INC is a Public Charity headquartered in GREENVILLE, NC. Financial data from the 2025 filing: $17.9M revenue, $9.6M expenses, $67.9M total assets. 56 publicly reported grants to this organization, totaling roughly $4.4M, appear in IRS filings.

EIN: 566061192 GREENVILLE, NC Single Organization Support NTEE: N11 Latest filing: 2025
Total Revenue$17.9M
Total Expenses$9.6M
Total Assets$67.9M
Grant Records56
Funding Total$4.4M
Filing Years2021–2025

Mission

THE MISSION OF THE EAST CAROLINA UNIVERSITY EDUCATIONAL FOUNDATION, INC., D/B/A THE PIRATE CLUB, IS TO BE THE FRIEND-RAISING AND FUND-RAISING ARM OF EAST CAROLINA UNIVERSITY'S DIVISION I ATHLETICS PROGRAM, REPRESENTING THE HIGHEST PRINCIPLES OF HONESTY AND INTEGRITY. BY CONDUCTING ANNUAL FUND, ENDOWMENT, AND CAPITAL CAMPAIGNS IN SUPPORT OF STUDENT-ATHLETE SCHOLARSHIPS, ATHLETIC FACILITY ENHANCEMENTS AND OTHER PROGRAMMING NEEDS, THE PIRATE CLUB SEEKS TO BRING POSITIVE RECOGNITION TO EAST CAROLINA UNIVERSITY AND THE REGION IT SERVES THROUGH A COMPETITIVE ATHLETICS PROGRAM.

Where $100 goes at East Carolina University Educational Foundation Inc

How East Carolina University Educational Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$83 Programs the work itself
$17 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 $83 for programs

$65
One of the foundation's objectives and general purposes is to render financial aid and other assistance to deserving young men and women in assisting them to develop themselves…
78% of program spending
$9
The foundation funds insurance for courtesy cars provided to athletics staff and coaches, restricted transfers to athletics departments and miscellaneous purchases for items and services athletics cannot purchase…
12% of program spending
$9
One of the foundation's objectives and general purposes is to assist in providing physical facilities for east carolina university's athletics program
10% of 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.

Officers & Directors

DIRECTOR Billy Tart
DIRECTOR Brett Oliverio
DIRECTOR Dakota Marshall
DIRECTOR Gary Dunstan
DIRECTOR Glenn Hall
DIRECTOR Harold Varner

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,064,758 37 grants
Education
$215,542 2 grants
Sports & Recreation
$197,500 2 grants
Human & Social Services
$99,600 6 grants
Religion & Spirituality
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $17.9M $9.6M $67.9M
2024 $20.4M $12.7M $57.4M
2023 $26.7M $13.6M $47.8M
2022 $12.0M $10.1M $33.1M
2021 $9.1M $10.8M $35.0M

Between 2021 and 2025, reported annual revenue grew from $9.1M to $17.9M (+98%), with total assets most recently reported at $67.9M.

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

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