Overview

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Est.

1968

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

990s

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2024
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2023
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2022
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AI Summary

The Wake Technical Community College Foundation, identified by EIN 23-7017752, is dedicated to enhancing community college education by partnering with private entities and individuals to garner awareness and financial resources in support of Wake Technical Community College's mission and goals. With an operating budget of $2.1 million and total revenue of $5.5 million for the 2024 filing year, the foundation benefits from significant funding but does not rely on a single source for 50% or more of its revenue. For more information, visit their website at foundation.waketech.edu.

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Mission Statement

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.

Cause Areas

1
Community college education
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Financials

2024
Revenues
$5.5M
Expenses
$3.1M
Net Income:
+$2.4M
Assets
$31.2M
Liabilities
$109.7K
Net Assets:
+$31M

Financial Trends

2024
Operating Budget
$2.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
CREDIT SUISSE AMERICAS FOUNDATION
New York, NY, US
$16M
5%
Logo for "FIDELITY FOUNDATION"
FIDELITY FOUNDATION
BOSTON, MA, US
$115.2M
< 1%
Logo for "FOUNDATION FOR THE CAROLINAS"
FOUNDATION FOR THE CAROLINAS
Charlotte, NC, US
$1.3B
< 1%

Grants Received

2024
Total No. of Grants
12
Median grant size
$19.6K
Largest grant received
$100K

Board & Team

N
Natalie Best
Board Member
C
Creighton Blackwell
Board Member
B
Buzz Crosby
Board Member

Frequently Asked Questions

What is WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION’s budget?
In 2024, WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION reported an annual operating budget of around $2.1 million. More detailed financial information is available to registered users.
What causes does WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION support?
WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION supports work in Community college education.
Where does WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION operate?
WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION is headquartered in RALEIGH, NC.
Who funded WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION recently?
In 2025, WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION received grants from AMERICAN ONLINE GIVING FOUNDATION INC, NORTH CAROLINA COMMUNITY FOUNDATION, and RAYMOND JAMES CHARITABLE ENDOWMENT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION received in 2024?
The largest grant to WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION in 2024 exceeds $100 thousand.
What is WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION’s reliance on government grants?
WAKE TECHNICAL COMMUNITY COLLEGE FOUNDATION relied on government grants for less than 5% of their total revenue in 2024.