Program areas at Wake Technical Community College Foundation
Scholarships are monetary awards to students and may be earmarked to assist diploma, certificate, or associate degree students in any curriculum program or continuing education, and may be based on financial need or academic merit according to donor preference. Both the curriculum and continuing education scholarships are awarded through an online scholarship anonymous application process. Student scholarships range from 100 - 3,000 per year and funding is provided by corporations, individuals, grants and foundations.
Tuition assistance program allows Wake tech faculty and staff to stay current and pursue advanced degrees, career credentials, and professional development. Leadership development grants foster collaboration and encourage creative ideas. Employees must submit an application for pre-approval prior to the semester/term of enrollment.
Fostering bright futures (fbf) program is a public-private partnership that addresses the overwhelming need for a comprehensive support structure to assist foster youths in making the transition from the Wake county foster care system to independent young adulthood. The objective of the fbf program is to eliminate the barriers that would typically derail those graduates from meeting educational and life goals by providing financial, academic, and social support. Funding is provided by corporations, individuals, civic clubs, grants and foundations.
Who funds Wake Technical Community College Foundation
Grants from foundations and other nonprofits
Personnel at Wake Technical Community College Foundation
| Name | Title | Compensation | Date of data |
|---|
| Matthew Smith | Vice President of Development | $0 | 2024-03-04 |
| Candis Parker | Chair | $0 | 2023-06-30 |
| Scott Ralls | Secretary | $0 | 2023-06-30 |
| Tim Burgess | Treasurer | $0 | 2023-06-30 |
| Stephen Scott | Office of the President | $0 | 2019-06-30 |
Financials for Wake Technical Community College Foundation
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $4,895,892 | $4,603,126 | 6.4% |
| Program services | $78,320 | $18,406 | 325.5% |
| Investment income and dividends | $739,781 | $648,297 | 14.1% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $19,333 | $21,742 | -11.1% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-1,101,179 | $381,301 | -388.8% |
| Net income from fundraising events | $0 | $1,086 | -100% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $26,926 | $69,785 | -61.4% |
| Total revenues | $4,659,073 | $5,743,743 | -18.9% |
Organizations like Wake Technical Community College Foundation
| Organization | Type | Location | Revenue |
|---|
| San Mateo County Community Colleges Foundation | 501(c)(3) | San Mateo, CA | $2,633,776 |
| Lorain County Community College Foundation (LCCCF) | 501(c)(3) | Elyria, OH | $5,147,930 |
| Glendale College Foundation | 501(c)(3) | Glendale, CA | $2,366,676 |
| Lewisville Education Foundation | 501(c)(3) | Lewisville, TX | $1,370,725 |
| Arkansas Tech University Foundation | 501(c)(3) | Russellville, AR | $15,233,363 |
| SBCC Foundation | 501(c)(3) | Santa Barbara, CA | $11,936,703 |
| Washtenaw Community College Foundation | 501(c)(3) | Ann Arbor, MI | $2,130,032 |
| Tompkins Cortland Community College Foundation | 501(c)(3) | Dryden, NY | $6,781,975 |
| Weber School Foundation | 501(c)(3) | Odgen, UT | $2,330,052 |
| Montana Tech Foundation | 501(c)(3) | Butte, MT | $13,181,089 |
Data update history
May 21, 2024
Updated personnel
Identified 8 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 16, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationLobbyingReceives government fundingEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donations
General information
- Address
- 9101 Fayetteville Rd
- Raleigh, NC 27603
- Metro area
- Raleigh-Cary, NC
- County
- Wake County, NC
- Website URL
- waketech.edu/wake-tech-foundationÂ
- Phone
- (919) 866-5924
IRS details
- EIN
- 23-7017752
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1968
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B11: Education Single Organization Support
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Central organization
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