Mission
SUPPORT PROGRAMS OF THE COLLEGE OF THE ALBEMARLE
Public Charity
THE COLLEGE OF THE ALBEMARLE FOUNDATION INC
THE COLLEGE OF THE ALBEMARLE FOUNDATION INC is a Public Charity headquartered in ELIZABETH CITY, NC. Financial data from the 2025 filing: $1.9M revenue, $1.2M expenses, $12.6M total assets. 21 publicly reported grants to this organization, totaling roughly $527K, appear in IRS filings.
EIN: 581399254
ELIZABETH CITY, NC
Single Organization Support
NTEE: B11
Latest filing: 2025
Total Revenue$1.9M
Total Expenses$1.2M
Total Assets$12.6M
Grant Records21
Funding Total$527K
Filing Years2021–2025
Where $100 goes at The College of the Albemarle Foundation Inc
How The College of the Albemarle Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$73
Programs
the work itself
$27
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 $73 for programs
$51
Funds provided to the college of the albemarle to award scholarships to students
$11
Funds expended for or given to the college of the albemarle for program support, staff development, college development, equipment and books
$11
Payments to trust beneficiaries for split-interest trust distributions
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
$13,400
SENTARA SCHOLARS PROGRAM GRANT
$70,000
COMMUNITY OUTREACH
$23,000
SCHOLARSHIP FUNDING
$18,500
UNRESTRICTED GENERAL SUPPORT
$10,000
Showing up to 5 of 21 total records — full history available with membership.
Officers & Directors
CHAIR
Brian White
DIRECTOR
Clark Twiddy
DIRECTOR
Daniel Donahue
DIRECTOR
Douglas S Gardner
DIRECTOR
Dr Andrea Williams
DIRECTOR
Dr Emily Walker
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.9M | $1.2M | $12.6M |
| 2024 | $1.2M | $1.2M | $11.7M |
| 2023 | $1.3M | $1.1M | $10.6M |
| 2022 | $1.4M | $2.2M | $9.8M |
| 2021 | $2.9M | $1.1M | $12.0M |
Between 2021 and 2025, reported annual revenue declined from $2.9M to $1.9M (-32%), with total assets most recently reported at $12.6M.
Interactive year-over-year charts and full filing details available with membership.