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WAKE Technical Community College Foundation INC

Public charity
DBA: FOUNDATION
Other · RALEIGH, NC · EIN 23-7017752

About

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.

DBA Foundation

Donations are tax-deductible
Category
Other
Employees
8
Volunteers
21

Financial Snapshot

FY ending 2023-06-30
Revenue
$4.7M
Expenses
$3.3M
Assets
$27.8M
Liabilities
$61K

Financial history

$5.7M$2.9M$0
1617181920212223
RevenueExpenses
Latest FY2023: $4.7M · Peak FY2022: $5.7M · Avg: $3.6M

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$887K
WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION INC
Your actions

Address

9101 Fayetteville RD
Raleigh, NC, 27603-565

Governance

Voting board members24
Independent members21
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

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

Financial detail (Schedule D)

Board-designated %6.8%
Permanent endowment %77.9%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer
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IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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