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North Carolina School of Science & Mathematics Foundation

Public charity
DBA: MATHEMATICS FOUNDATION
Other · DURHAM, NC · EIN 56-1250756

About

The foundation operates exclusively for charitable and educational purposes including, but not limited to, receiving, administering and obtaining funds for the support of the academic and educational programs of the north carolina school of science and mathematics.

DBA Mathematics Foundation

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
140

Financial Snapshot

FY ending 2023-06-30
Revenue
$5.4M
Expenses
$6.4M
Assets
$45.1M
Liabilities
$1.7M

Financial history

$10.2M$5.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $5.4M · Peak FY2022: $10.2M · Avg: $5.1M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$2.6M
NORTH CAROLINA SCHOOL OF SCIENCE & MATHEMATICS FOUNDATION
Your actions

Address

1219 Broad ST
Durham, NC, 27705-357

Governance

Voting board members28
Independent members28
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %32.0%
Permanent endowment %45.3%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$25K
Net to org-$119K
Retained by contractors$144K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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