EIN 56-1391773

North Carolina Bankers Association Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1977
Most recent tax filings
2023-12-01
Description
NC Bankers Association Foundation funds scholarships and financial literacy programs to support the success of North Carolina's next generation.
Related structure
North Carolina Bankers Association Foundation is a subordinate organization under North Carolina Bankers Association.
Also known as...
North Carolina Center for Financial Literacy Camp Challenge
Total revenues
$274,020
2023
Total expenses
$117,851
2023
Total assets
$5,146,034
2023
Num. employees
0
2023

Program areas at North Carolina Bankers Association Foundation

The nc Bankers Bankers assoication Foundation has partnered with historically black colleges & universities and North Carolina banks on the future bank leaders program. The goal of this program is to attract undergraduates to the dynamic, fast-changing world of modern banking, while support North Carolina banks by developing the next generation of hgh-quality talent.
The Foundation funds camp challenge, a camp for high-achieving, at-risk middle school students with a heavy emphasis on financial literacy.
The nc Bankers Association Foundation awards financial stipends for college tuition to the children of the employees of financial institutions in North Carolina.

Grants made by North Carolina Bankers Association Foundation

GranteeGrant descriptionAmount
Young Men's Christian Association of GreensboroTo Help Sustain the Operations of Camp Weaver$29,250

Personnel at North Carolina Bankers Association Foundation

NameTitleCompensation
Peter GwaltneyPresident and Chief Executive Officer$0
Lynn JohnsonChief Operating Officer and Executive Vice President$0
Stephanie TuckerChief Financial Officer and Senior Vice President$0
Diane BaldwinVice President , Controller$0
Nathan BattsCounsel and Senior Vice President$0
...and 7 more key personnel

Financials for North Carolina Bankers Association Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$125,000
Program services$0
Investment income and dividends$149,020
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$274,020

Form 990s for North Carolina Bankers Association Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-06-25990View PDF
2022-122023-11-02990View PDF
2021-122022-07-26990View PDF
2020-122021-08-06990View PDF
2019-122020-10-21990View PDF
...and 8 more Form 990s
Data update history
December 31, 2023
Updated personnel
Identified 7 new personnel
December 30, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 26, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Provides grantsState / local levelProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 19999
Raleigh, NC 27619
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
ncbankers.org/ 
Phone
(919) 781-7979
IRS details
EIN
56-1391773
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1977
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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