Overview
What is Mcnc Endowment?
McNC Endowment is a charitable organization situated in Research Triangle Park, North Carolina. Established to support the mission of MCNC, a nonprofit corporation in the state, its purpose is to promote scientific research and education in the field of electronic and information technology. The endowment is dedicated to benefiting MCNC and furthering its objectives, functioning as an extension of the organization. Its activities are geared towards encouraging the growth of the technology industries within North Carolina.
Is Mcnc Endowment legitimate?
Mcnc Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mcnc Endowment 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mcnc Endowment?
The McNC Endowment is established with the primary objective of supporting and advancing the functions of McNC, a North Carolina-based nonprofit corporation. Its mission is to carry out the purposes of McNC, which includes conducting charitable, educational, and scientific activities. The main focus of these activities is to promote scientific research and education, with the aim of fostering the development of the electronic and information technology industries in the state of North Carolina.
Who is the CEO of Mcnc Endowment?
Rachel J Pisciotta is the Director of Mcnc Endowment. The CEO's salary of Mcnc Endowment is $0 and their total compensation is $476,462.
What is the revenue of Mcnc Endowment?
Mcnc Endowment's revenue in 2022 was $10,714,490.
Who are the executives of Mcnc Endowment and what are their salaries?
Here are 11 key members and their salaries (Mcnc Endowment's CEO's salary is $0 and their total compensation is $476,462):
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- Related: $421,476
- Other: $54,986
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- Related: $244,305
- Other: $34,644
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- Related: $159,887
- Other: $51,276
- Compensation: $0
- Related: $100,754
- Other: $20,030
Where can I find the form 990 for Mcnc Endowment?
Mcnc Endowment's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mcnc Endowment
McNC Endowment is an entity established with the sole purpose of supporting and furthering the goals of McNC, a North Carolina-based nonprofit corporation. The endowment is dedicated to carrying out the organization's functions and fulfilling its purposes. In this role, McNC Endowment focuses on conducting charitable, educational, and scientific activities on behalf of McNC. This mission is driven by a public purpose to promote scientific research and education, aiming to stimulate the growth of the electronic and information technology industries within the state of North Carolina.
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Impact
October, 2024
The MCNC Endowment plays a crucial role in advancing scientific research and education, specifically aimed at fostering the growth of electronic and information technology industries in North Carolina. By conducting charitable, educational, and scientific initiatives, it supports the development of a vibrant technological ecosystem within the state.
This impact is evidenced through various programs and projects that promote innovative research and enhance educational opportunities, ultimately contributing to workforce development in the tech sector. By aligning with the goals of the MCNC corporation, the endowment helps to cultivate a skilled talent pool, ensuring that North Carolina remains at the forefront of technological advancement.
Through its focused activities, the MCNC Endowment not only benefits individual researchers and educational institutions but also strengthens the state's economy by attracting investment and driving technological innovation. Its commitment to fostering collaboration between academia, industry, and government further amplifies its impact, positioning North Carolina as a leader in the electronic and information technology landscape.
This information is meant to be a general summary of Mcnc Endowment. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,196,217
- Gross Receipts: $32,238,617
Assets and Liabilities:
- Total Assets: $135,884,775
- Total Liabilities: $16,658
- Net Assets: $135,868,117
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Organization Details
Founding Year
2000
Phone
(919) 248-1820Principal Officer
Rachel J Pisciotta
Main Address
3021 E CORNWALLIS RD PO BOX 12889, RESEARCH TRIANGLE PARK, NC, 277092889
NTEE Category
Code: U200 - Science research
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