NonprofitsWake Technical Community College Foundation Inc

Education

Wake Technical Community College Foundation Inc

RALEIGH, NC

Total revenue

$5.5M

Total expenses

$3.1M

Net assets

$31.0M

Grants received

$2.7M

72 grants

EIN

237017752

Tax year

2023

Mission

The wake tech foundation partners with private entities and individuals to raise awareness, financial resources, and other assets in support of wake technical community college's mission, goals, and funding priorities.

Programs

2 programs

Tuition assistance program allows wake tech faculty and staff to stay current and pursue advanced degrees, career credentials, and professional development. Leadership development grants foster collaboration and encourage creative ideas. Employees must submit an application for pre-approval prior to the semester/term of enrollment.

Expenses: $88KGrants: $88K

Fostering bright futures (fbf) program is a public-private partnership that addresses the overwhelming need for a comprehensive support structure to assist foster youths in making the transition from the wake county foster care system to independent young adulthood. The objective of the fbf program is to eliminate the barriers that would typically derail those graduates from meeting educational and life goals by providing financial, academic, and social support. Funding is provided by corporations, individuals, civic clubs, grants and foundations.

Expenses: $83KGrants: $28K

Financials

FY 2023

Revenue

Contributions & grants$3.8M
Program service revenue$6K
Investment income$1.7M
Other revenue$31K
Total revenue$5.5M

Expenses

Grants paid$1.0M
Salaries & benefits$317K
Fundraising$47K
Other expenses$1.8M
Total expenses$3.1M
Total assets$31.2M
Net assets$31.0M

People

24 listed

NameRoleCompensation

CANDIS PARKER

CHAIR

Board

1 hrs/wk

TIM BURGESS

TREASURER

Board

1 hrs/wk

WHITNEY WESTBROOK

DIRECTOR

Board

1 hrs/wk

SCOTT RALLS

SECRETARY

Board

1 hrs/wk

MATT SMITH

DIRECTOR

Board

1 hrs/wk

SCARLET EDWARDS

DIRECTOR

Board

1 hrs/wk

ANGELA BOYKIN

DIRECTOR

Board

1 hrs/wk

AUDREA CAESAR

DIRECTOR

Board

1 hrs/wk

TOMESAH HARRISON

DIRECTOR

Board

1 hrs/wk

NATALIE BEST

DIRECTOR

Board

1 hrs/wk

CREIGHTON BLACKWELL

DIRECTOR

Board

1 hrs/wk

KAREN SCHAEFER

DIRECTOR

Board

1 hrs/wk

MARI SUZUKI

DIRECTOR

Board

1 hrs/wk

BUZZ CROSBY

DIRECTOR

Board

1 hrs/wk

TOMMY LAAKSO

DIRECTOR

Board

1 hrs/wk

DANA MARTINEZ

DIRECTOR

Board

1 hrs/wk

ANNA TISON

DIRECTOR

Board

1 hrs/wk

NICK NEPTUNE

DIRECTOR

Board

1 hrs/wk

SOPHIA WAJNERT

DIRECTOR

Board

1 hrs/wk

KEVIN WALKER

DIRECTOR

Board

1 hrs/wk

WILL SMITH

DIRECTOR

Board

1 hrs/wk

ALISA WRIGHT COLOPY

DIRECTOR

Board

1 hrs/wk

SHARMA VEMURI

DIRECTOR

Board

1 hrs/wk

PAT WILKINS

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 72 of 72

FromAmountPurposeYear
$100K
1 grant(s) for varying purposes
2024
$75K
Program Support
2024
$63K
YOUTH EDUCATION - POWER OF LOVE AND DOLLARS FOR DOERS
2024
$3K
SCHOLARSHIPS
2024
$250K
GENERAL OPERATING
2023
$75K
Program Support
2023
$20K
CHARITABLE DONATION
2023
$14K
For grant recipient's exempt purposes
2023
$5K
OPERATING SUPPORT
2023
$2K
GENERAL OPERATING SUPPORT
2023
$250K
WAKEWORKS APPRECENTICESHIP PROGRAM
2022
$75K
PROGRAM SUPPORT
2022
$35K
GENERAL SUPPORT
2022
$30K
CHARITABLE DONATION
2022
$25K
VIBRANT ECONOMIES
2022
$20K
ASSIST FOSTER CHILDREN TRANSITION TO INDEPENDENCE
2022
$17K
COMMUNITY SUPPORT
2022
$13K
For grant recipient's exempt purposes
2022
$12K
GENERAL OPERATION EXPENSES
2022
$8K
GENERAL OPERATION EXPENSES
2022
$7K
GENERAL PURPOSE
2022
$3K
GENERAL OPERATION EXPENSES
2022
$75K
PROGRAM SUPPORT
2021
$18K
GENERAL SUPPORT
2021
$16K
For grant recipient's exempt purposes
2021
$16K
For grant recipient's exempt purposes
2021
$12K
GENERAL OPERATION EXPENSES
2021
$275K
CONSULTING
2020
$116K
CHARITABLE GIFT
2020
$37K
PARTNERSHIP PAYMENT
2020
$25K
PROGRAM SUPPORT
2020
$21K
GENERAL PURPOSE
2020
$12K
GENERAL OPERATION EXPENSES
2020
$10K
STATE STRATEGIC IMPACT
2020
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$9K
WORKFORCE DEVELOPMENT
2020
$6K
General Support
2020
$5K
EMPLOYEE MATCHING GRANT
2020
$1K
UNRESTRICTED GENERAL
2020
$500
GENERAL EXEMPT PURPOSE
2020
$23K
For grant recipient's exempt purposes
2019
$17K
GENERAL SUPPORT
2019
$16K
GENERAL PURPOSE
2019
$12K
GENERAL OPERATION EXPENSES
2019
$81K
For grant recipient's exempt purposes
2018
$60K
GENERAL SUPPORT
2018
$22K
General Support
2018
$62K
GENERAL SUPPORT
2017
$22K
General Support
2017
$22K
GENERAL SUPPORT
2017
$12K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$10K
GENERAL PURPOSE
2017

Funded by

$2.7M from 30 funders · 72 grants · 2017–2024

Credit Suisse Americas Foundation

$500K · 2 grants · 2022–2023

Hendrick Family Foundation

$325K · 5 grants · 2020–2024

American Endowment Foundation

$287K · 4 grants · 2020–2024

Fidelity Foundation

$275K · 1 grant · 2020

Fidelity Investments Charitable Gift Fund

$174K · 7 grants · 2017–2023

WakeMed

$122K · 2 grants · 2017–2018

Duke University Health System Inc

$118K · 5 grants · 2017–2022

Foundation For The Carolinas

$116K · 1 grant · 2020

Details

EIN237017752
NTEE codeB41I
Subsection03
Ruling date1968-12
Formed1968
Employees8
Volunteers21
WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo