NonprofitsCollege Of The Albemarle Foundation Inc

Education

College Of The Albemarle Foundation Inc

ELIZABETH CTY, NC

Total revenue

$1.9M

Total expenses

$1.2M

Net assets

$12.5M

Grants received

$412K

13 grants

EIN

581399254

Tax year

2024

Mission

Support programs of the college of the albemarle

Programs

2 programs

Funds expended for or given to the college of the albemarle for program support, staff development, college development, equipment and books.

Expenses: $158KGrants: $158K

Payments to trust beneficiaries for split-interest trust distributions. Net trust (s) assets revert to the foundation when the trusts terminate.

Financials

FY 2024

Revenue

Contributions & grants$1.3M
Program service revenue
Investment income$634K
Other revenue$39K
Total revenue$1.9M

Expenses

Grants paid$867K
Salaries & benefits$169K
Fundraising
Other expenses$145K
Total expenses$1.2M
Total assets$12.6M
Net assets$12.5M

People

17 listed

NameRoleCompensation

BRIAN WHITE

CHAIR

Board

JEFF DIXON

VICE CHAIR

Board

H TAYLOR SUGG

ASSISTANT SE

Board

JENNIFER PURCELL

TREASURER

Board

JEFFREY A ALDRIDGE

DIRECTOR

Board

DR TRAVIS BURKE

DIRECTOR

Board

DR VELMA BLACKMON

DIRECTOR

Board

DOUGLAS S GARDNER

DIRECTOR

Board

DR EMILY WALKER

DIRECTOR

Board

JACK BAGWELL

DIRECTOR

Board

CLARK TWIDDY

DIRECTOR

Board

KATHY STALLINGS

DIRECTOR

Board

MARCIA BRYANT

DIRECTOR

Board

WILL NORRELL

DIRECTOR

Board

DANIEL DONAHUE

DIRECTOR

Board

PAUL O'NEAL

DIRECTOR

Board

DR ANDREA WILLIAMS

DIRECTOR

Board

Grants received

Showing 13 of 13

FromAmountPurposeYear
$70K
SENTARA SCHOLARS PROGRAM GRANT
2024
$19K
SCHOLARSHIP FUNDING
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
CHARITABLE GIFT
2023
$5K
SCHOLARSHIPS AND GRANT DEVELOPMENT
2023
$100K
SPONSORSHIP
2022
$12K
COA Capital Campaign
2022
$9K
SCHOLARSHIPS AND GRANT DEVELOPMENT
2022
$6K
SCHOLARSHIPS AND GRANT DEVELOPMENT
2021
$16K
CLINICAL EDUCATION OPPORTUNITIES
2020
$54K
SCHOLARSHIPS AND GRANT DEVELOPMENT
2019

Funded by

$412K from 9 funders · 13 grants · 2019–2024

Sentara Health

$170K · 2 grants · 2022–2024

North Carolina Community Colleges

$73K · 4 grants · 2019–2023

Patriot Foundation

$19K · 1 grant · 2024

Sentara Hospitals

$16K · 1 grant · 2020

The Outer Banks Hospital Inc

$12K · 1 grant · 2022

Details

EIN581399254
NTEE codeB114
Subsection03
Ruling date1980-06
Formed1980
Employees0
COLLEGE OF THE ALBEMARLE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo