EIN 56-2486307

Needham B Broughton Capital Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2004
Most recent tax filings
2023-06-01
Description
The Needham B Broughton Capital Foundation's mission is to fund proposals and programs that enrich and enhance the lives of faculty and students at Broughton High School now and in the future. The foundation supports a customizable online instructional program called Webassign, leadership retreats, teaching excellence awards, teacher of the year awards and other resources for the high school community. The foundation is located in Raleigh, NC.
Total revenues
$120,603
2023
Total expenses
$88,491
2023
Total assets
$921,991
2023
Num. employees
0
2023

Program areas at Needham B Broughton Capital Foundation

The Foundation helped support a college counselor during the 2022-2023 academic school year.
The Foundation funded multiple learning resources and software items for use by Broughton high school during the current academic school year including jstor and an online library database.
Webassign is a flexible and customizable online instructional program originally developed by north carolina state university, which allows teachers to create assignments and tests for students online. The students enter their answers online and the program grades the assignment automatically. The Foundation paid 5,000 towards Broughton high school's webassign license for the current school year.
The remainder of program service expenses include various programs and resources to enrich and enhance the lives of the faculty and students at Broughton high school, including leadership retreats, teaching excellence awards, teacher of the year awards, and assistance to the Broughton high school dance booster club.

Who funds Needham B Broughton Capital Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Wade Edwards FoundationGeneral Support$206,000
Chaucer Charitable FoundationGeneral Support$2,500

Personnel at Needham B Broughton Capital Foundation

NameTitleCompensation
Elena AshburnPrincipal , E$0
Gordon BrownTreasurer$0
Curtis C BrewerPresident / Secretary$0
Amanda RamseurPresident / Director$0
Kacey RagsdaleSecretary / Director$0
...and 2 more key personnel

Financials for Needham B Broughton Capital Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$39,696
Program services$0
Investment income and dividends$31,782
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$49,125
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$120,603

Form 990s for Needham B Broughton Capital Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-11990View PDF
2021-062022-05-16990View PDF
2020-062021-03-02990View PDF
2019-062020-10-21990View PDF
...and 9 more Form 990s
Data update history
July 9, 2024
Used new vendors
Identified 1 new vendor, including
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $206,000 from Wade Edwards Foundation
December 31, 2023
Received grants
Identified 1 new grant, including a grant for $2,500 from Chaucer Charitable Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 21, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
School foundationsGrantmaking organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsState / local levelEndowed supportGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
723 St Marys St
Raleigh, NC 27605
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
nbhscapitalfoundation.com/ 
Phone
(919) 599-4292
IRS details
EIN
56-2486307
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2004
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
Independent
Free account sign-up

Want updates when Needham B Broughton Capital Foundation has new information, or want to find more organizations like Needham B Broughton Capital Foundation?

Create free Cause IQ account