College Foundation Inc

Unknown organization based in Raleigh, NC. 151 employees. Exempt under §501(c)(3).

MissionOur work today makes a better tomorrow by empowering people to achieve their academic goals. We provide financial assistance for higher education to benefit society and strengthen the economy of the state of North Carolina.

EIN
56-6046937
State
NC
Sector
Unknown
Budget band
$25M–$50M
Latest filing
TY 2024
Records
10 officers · 6 years

Financial snapshot · TY 2024

$31.7M
Total revenue
$32.1M
Total expenses
$55.8M
Net assets

Financial health · TY 2024

83
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
18.3 months of expenses
Program efficiency
100
92.6% spent on programs
Revenue diversity
15
Mix of program fees, grants & contributions

Leadership compensation

Wendy H Mcalister
President & CEO
$290,499
Pete Rau
Vice President
$227,122
Martin L Flournory
IT Development Manager
$200,326
Lynn Barnette
Vice President
$197,573
Marcia Southerland
Vice President
$195,429

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College Foundation Inc Executive Compensation | 990 Data | DoubleNine