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EIN 58-2591748

MCNC Endowment

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Research Triangle Park
State
North Carolina
Year formed
2000
Most recent tax filings
2023-06-01
NTEE code, primary
U00: Science and Technology Research: General
Description
MCNC Endowment conducts charitable, educational, and scientific objectives on behalf of MCNC, promoting scientific research and education to encourage the development of the electronic and information technology industries in the state of NC. Its mission is to be operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of MCNC, an NC nonprofit corporation.
Related structure
MCNC Endowment is a subordinate organization under MCNC.
Total revenues
$3,434,041
2023
Total expenses
$205,400
2023
Total assets
$143,356,524
2023
Num. employees
0
2023

Program areas at MCNC Endowment

Conducting charitable, educational, and scientific objectives on behalf of MCNC, and for the public purpose of promoting scientific research and education to encourage the development of the electronic and information technology industries in the state of north carolina.

Personnel at MCNC Endowment

NameTitleCompensation
Tracy DoaksPresident and Chief Executive Officer$0
Sarah TaylorChief Financial Officer and Treasurer
John Sean DoyleSecretary$0
Rachel J PisciottaPast Treasurer$0
Shirley JenningsAssistant Secretary$0
...and 3 more key personnel

Financials for MCNC Endowment

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$0
Investment income and dividends$3,660,810
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-390,500
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$163,731
Total revenues$3,434,041

Form 990s for MCNC Endowment

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-05990View PDF
2022-062023-05-01990View PDF
2021-062022-01-26990View PDF
2020-062021-04-06990View PDF
2019-062020-02-07990View PDF
...and 9 more Form 990s
Data update history
May 22, 2024
Updated personnel
Identified 1 new personnel
July 6, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 29, 2023
Updated personnel
Identified 2 new personnel
June 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 23, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Grantmaking organizationsResearch centersChapter / child organizationsCharities
Issues
Science and technology
Characteristics
Conducts researchState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
3021 E Cornwallis Rd PO Box 12889
Research Triangle Park, NC 27709
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Phone
(919) 248-1820
IRS details
EIN
58-2591748
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2000
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
U00: Science and Technology Research: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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