North Carolina Textile Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 566045324 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

Overview

What is North Carolina Textile Foundation Inc?

North Carolina Textile Foundation Inc is a charitable organization based in Raleigh, North Carolina, primarily focused on supporting the Wilson College of Textiles at North Carolina State University. Through grants, they contribute to enhancing facilities, faculty, fellowships, scholarships, and equipment for the college. Their mission is to foster engagement, partnership, and philanthropy, aiming to advance the college's standing. The foundation provides funds for deserving students, supports the recruitment and retention of highly qualified educators and researchers, and assists in acquiring and maintaining state-of-the-art equipment and facilities for research and education. Overall, North Carolina Textile Foundation Inc plays an essential role in bolstering the Wilson College of Textiles at North Carolina State University.


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Is North Carolina Textile Foundation Inc legitimate?

North Carolina Textile Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Textile Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $864,801

For more financial information, click here


Official website here: www.see schedule o

What is the mission statement of North Carolina Textile Foundation Inc?

The North Carolina Textile Foundation Inc's mission is centered around supporting the Wilson College of Textiles. This is achieved through engagement, partnerships, and philanthropy. As a charitable organization, the foundation provides financial assistance to deserving undergraduate and graduate students, contributes to the recruitment and retention of qualified educators and researchers, and aids in the placement of college graduates. Additionally, the foundation assists in acquiring and maintaining state-of-the-art research and educational equipment.


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Who is the CEO of North Carolina Textile Foundation Inc?

Erin Delehanty is the Board Of Director of North Carolina Textile Foundation Inc.


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What is the revenue of North Carolina Textile Foundation Inc?

North Carolina Textile Foundation Inc's revenue in 2023 was $6,538,403.


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Who are the executives of North Carolina Textile Foundation Inc and what are their salaries?

Here are 21 key members and their salaries:

    Mary Peloquin-Dodd (Former Assistant Treasurer)
  • Compensation: $0
  • Related: $290,924
  • Other: $44,428

    • David Hinks (Board Of Director)
  • Compensation: $0
  • Related: $275,788
  • Other: $44,480

    • Erin Delehanty (Assistant Treasurer)
  • Compensation: $0
  • Related: $178,758
  • Other: $51,157

    • Rick Elmore (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Griffith (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Heilig Iii (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wesley Horne (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elaine Hughes (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Isenhour (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Johnny Chapman Jr (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Flynt Jr (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mindy Oakley (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leib Oehmig (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Perkins (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Prashant Prabhu (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Ragsdale (Board Of Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brendan Sullivan (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Webster (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Calabrese (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Huggins (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dana Harris (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.see schedule o

    Where can I find the form 990 for North Carolina Textile Foundation Inc?

    The North Carolina Textile Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.see schedule o

    Learn more at the official website: www.see schedule o

    Mission Statement of North Carolina Textile Foundation Inc

    The North Carolina Textile Foundation Inc, as a charitable organization, is committed to advancing the Wilson College of Textiles by fostering engagement, partnerships, and philanthropy. The mission of this foundation is to provide support to the college and its dean, with the aim of enhancing various aspects of its operations. This support can take various forms, including providing funds for scholarships for deserving undergraduate and graduate students, recruiting and retaining highly qualified students, educators, and researchers, and aiding in the placement of graduates. Additionally, the foundation ensures the acquisition and maintenance of state-of-the-art equipment and facilities for research and education, thereby contributing to the college's overall growth and development.

    Impact

    This information is meant to be a general summary of North Carolina Textile Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    North Carolina Textile Foundation Inc's impact is significant in advancing Wilson College of Textiles through engagement, partnership, and philanthropy. The foundation provides crucial support to the college at North Carolina State University by offering grants for facilities, faculty, fellowships, scholarships, and equipment. This support helps in enhancing the education and research opportunities for students, educators, and researchers in the field of textiles. Additionally, the foundation plays a key role in recruiting and retaining highly qualified individuals, as well as supporting the placement of graduates in the industry. Its mission to advance the college through charitable efforts underscores its commitment to ensuring the success and growth of the textile education sector.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,121,861
  • Program Service Revenue: $9,083
  • Gross Receipts: $60,057,067

    • Assets and Liabilities:
  • Total Assets: $84,202,750
  • Total Liabilities: $463,490
  • Net Assets: $83,739,260
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SCHOLARSHIP & ENRICHMENT REPAYMEN

    Revenue

    $9,083

    Organization Details

    Founding Year

    1942

    Principal Officer

    Erin Delehanty

    Main Address

    NCSU BOX 7207, RALEIGH, NC, 27695

    NTEE Category

    Code: B11 - Education

    If you are a representative of North Carolina Textile Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.