NonprofitsNorth Carolina Bankers Association Foundation

Education

North Carolina Bankers Association Foundation

RALEIGH, NC

Total revenue

$807K

Total expenses

$672K

Net assets

$5.3M

Grants received

$40K

6 grants

EIN

561391773

Tax year

2024

Mission

Focused on and committed to the personal, professional and financial success of north carolina's next generation.

Programs

2 programs

The nc bankers association foundation has partnered with historically black colleges & universities and north carolina banks on the future bank leaders program. The goal of this program is to attract undergraduates to the dynamic, fast-changing world of modern banking, while support north carolina banks by developing the next generation of high-quality talent.

Expenses: $211K

The nc bankers association foundation awards financial stipends for college tuition to the children of employees of financial institutions in north carolina.

Expenses: $30KGrants: $30K

Financials

FY 2024

Revenue

Contributions & grants$548K
Program service revenue
Investment income$249K
Other revenue$11K
Total revenue$807K

Expenses

Grants paid$460K
Salaries & benefits
Fundraising
Other expenses$212K
Total expenses$672K
Total assets$5.5M
Net assets$5.3M

People

26 listed

NameRoleCompensation

PETER GWALTNEY

PRESIDENT & CEO

Board

10 hrs/wk

BOB WASHBURN

CHAIRMAN

Board

1 hrs/wk

JIM MARSHALL

VICE CHAIRMAN

Board

1 hrs/wk

JIM HANSEN

IMMEDIATE PAST CHAIR

Board

1 hrs/wk

DAVID ALLEN

BOARD MEMBER

Board

1 hrs/wk

JUAN AUSTIN

BOARD MEMBER

Board

1 hrs/wk

DAVID BARKSDALE

BOARD MEMBER

Board

1 hrs/wk

AMANDA LLOYD

BOARD MEMBER

Board

1 hrs/wk

JIM ROSE

BOARD MEMBER

Board

1 hrs/wk

CHRIS BELL

BOARD MEMBER (BEGAN AUG. 2024)

Board

1 hrs/wk

DREW COVERT

BOARD MEMBER

Board

1 hrs/wk

RANDY ADCOCK

BOARD MEMBER (BEGAN JUNE 2024)

Board

1 hrs/wk

BILL BUNN

BOARD MEMBER (BEGAN JUNE 2024)

Board

1 hrs/wk

KEITH EPSTEIN

BOARD MEMBER (BEGAN JUNE 2024)

Board

1 hrs/wk

HUNTER WESTBROOK

BOARD MEMBER (BEGAN JUNE 2024)

Board

1 hrs/wk

FELICIA WOODARD

BOARD MEMBER (BEGAN JUNE 2024)

Board

1 hrs/wk

MIKE ATKINSON

BOARD MEMBER (THRU JUNE 2024)

Board

1 hrs/wk

ROBIN HAGER

BOARD MEMBER (THRU JUNE 2024)

Board

1 hrs/wk

CAROLINE TAYLOR

BOARD MEMBER (THRU FEB. 2024)

Board

1 hrs/wk

DAVID WEAVER

BOARD MEMBER (THRU JUNE 2024)

Board

1 hrs/wk

JEFF WHITTINGTON

BOARD MEMBER (THRU JUNE 2024)

Board

1 hrs/wk

LYNN JOHNSON

COO

Board

10 hrs/wk

MARK HOLMES

CFO

Board

10 hrs/wk

NATHAN BATTS

COUNSEL/SVP

Staff

10 hrs/wk

SUZANNE BROOKS

CONTROLLER

Staff

10 hrs/wk

MICHELLE SUTTON

CORPORATE SECRETARY/ACCT. SPECIALIST

Staff

10 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$9K
Public Benefit
2024
$3K
HURRICANE HELENE - N CAROLINA
2024
$3K
HURRICANE HELENE RELIEF FUND
2024
$10K
YOUTH LEADERSHIP INITIATIVE
2021
$5K
TO ASSIST THOSE IMPACTED BY NATURAL DISASTERS
2018

Funded by

$40K from 5 funders · 6 grants · 2018–2024

CAHEC Foundation

$10K · 1 grant · 2021

Southern Bank Foundation

$9K · 1 grant · 2024

Texas Bankers Foundation

$8K · 2 grants · 2018–2024

Details

EIN561391773
NTEE codeB82Z
Subsection03
Ruling date1984-05
Formed1977
Employees0
Volunteers20
NORTH CAROLINA BANKERS ASSOCIATION FOUNDATION — Mission, Financials & Grants Received | Grantivo