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. 66 publicly reported grants to this organization, totaling roughly $9.1M, 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 Records66
Funding Total$9.1M
Filing Years2020–2025

Mission

TO PROVIDE SCHOLARSHIPS FOR COLLEGE STUDENTS AND TO SUPPORT THE PROGRAMS OF CAPE FEAR COMMUNITY COLLEGE.

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

General support for programs, operations, and other charitable purposes
$5,609,774 1 grant
EDUCATION
$1,016,700 11 grants
For grant recipient's exempt purposes
$688,075 9 grants
The mission of Cape Fear Community College is to provide high-quality, dynamic, innovative, educational, cultural, training and workforce development opportunities to individuals, businesses, and industries in New Hanover and Pender counties.This grant will support capital improvements to establish a childcare center.
$500,000 1 grant
SCHOLARSHIP FUNDING
$407,700 3 grants

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.

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