Mission
TO PROVIDE SCHOLARSHIPS FOR COLLEGE STUDENTS AND TO SUPPORT THE PROGRAMS OF CAPE FEAR COMMUNITY COLLEGE.
Public Charity
CAPE FEAR COMMUNITY COLLEGE FOUNDATION INC
CAPE FEAR COMMUNITY COLLEGE FOUNDATION INC is a Public Charity headquartered in WILMINGTON, NC. Financial data from the 2025 filing: $21.4M revenue, $9.9M expenses, $42.3M total assets. 67 publicly reported grants to this organization, totaling roughly $9.2M, appear in IRS filings.
EIN: 581308578
WILMINGTON, NC
Elementary & Secondary Schools
NTEE: B20
Latest filing: 2025
Total Revenue$21.4M
Total Expenses$9.9M
Total Assets$42.3M
Grant Records67
Funding Total$9.2M
Filing Years2020–2025
Where $100 goes at Cape Fear Community College Foundation Inc
How Cape Fear Community College Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$88
Programs
the work itself
$9
Management
running the organization
$3
Fundraising
raising the next dollar
Inside the $88 for programs
$76
Donations of cash to cape fear community college for educational support and for various services and improvements and to assist in generating cash and non-cash support from businesses…
$11
Scholarships to students at cape fear community college and mini-grants to instructors, based on documented criteria
$1
Donations of non-cash items to cape fear community college to help further the programs of the college
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.
Sample Grants Received
SCHOLARSHIP FUNDING
$158,700
Scholarships
$6,000
General support for programs, operations, and other charitable purposes
$5,609,774
SCHOLARSHIP FUNDING
$172,400
For grant recipient's exempt purposes
$88,900
Showing up to 5 of 67 total records — full history available with membership.
Officers & Directors
DIRECTOR
Bill Baggett
DIRECTOR
Dr Edward Ricciardelli
DIRECTOR
Dr Janie Canty-Mitchell
DIRECTOR
Dr Michael Penland
DIRECTOR
George Johnson
DIRECTOR
Hannah Holt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $21.4M | $9.9M | $42.3M |
| 2024 | $15.1M | $3.5M | $29.6M |
| 2023 | $3.8M | $1.6M | $19.3M |
| 2021 | $3.5M | $1.7M | $17.8M |
| 2020 | $1.5M | $1.1M | $13.4M |
Between 2020 and 2025, reported annual revenue grew from $1.5M to $21.4M (+1373%), with total assets most recently reported at $42.3M.
Interactive year-over-year charts and full filing details available with membership.