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EIN 58-1698610

North Carolina GlaxoSmithKline Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Durham
State
North Carolina
Year formed
1986
Most recent tax filings
2022-12-01
NTEE code, primary
T21: Corporate foundations
Description
The North Carolina GlaxoSmithKline Foundation is a corporate foundation based in Research Triangle Park, NC, that primarily funds the equity fellows program to address issues faced by disadvantaged students who do not graduate on time with an undergraduate degree. The foundation supports its grants through earnings from investments and made five grants last year, benefiting grantees including UNC Chapel Hill and others.
Total revenues
$4,670,887
2022
Total expenses
$3,947,232
2022
Total assets
$63,366,755
2022
Num. employees
0
2022

Program areas at North Carolina GlaxoSmithKline Foundation

Earnings from investments fund the grants made by the Foundation
Gains from sale of investments fund the grants made by the Foundation

Grants made by North Carolina GlaxoSmithKline Foundation

GranteeGrant descriptionAmount
Naval Reserve Officers Training Corps Unc Chapel HillTo Support the Equity Fellows Program, Designed To Address Issues of Disadvantaged Students Who Don't Graduate on Time With An Undergraduate Degree and the Drop-Out Issue of These Students.$1,330,000
East Carolina University FoundationTo Support "growing A Diverse Public Health Workforce for Rural North Carolina Through Graduate School Pathways."$1,315,000
Mid-Continent Res for Ed and Learning (McREL)Funding To Continue Providing Assistance in the Implementation and Evaluation of the Ribbon of Hope Program, From April 2022 To March 2023.$41,943
...and 2 more grants made

Personnel at North Carolina GlaxoSmithKline Foundation

NameTitleCompensation
Marilyn E. Foote-HudsonExecutive Director$0

Financials for North Carolina GlaxoSmithKline Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$129,326
Investment income and dividends$3,201,285
Net rental income$0
Net gain from sale of non-inventory assets$1,340,276
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$4,670,887

Form 990s for North Carolina GlaxoSmithKline Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-01990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-04990PFView PDF
2019-122021-06-11990PFView PDF
2018-122020-02-05990PFView PDF
...and 7 more Form 990s

Organizations like North Carolina GlaxoSmithKline Foundation

OrganizationLocationRevenue
KinesisGuaynabo, PR$2,818,418
Charleys Kids FoundationColumbus, OH$1,695,403
The Scripps Howard FoundationCincinnati, OH$10,855,424
The Aleut FoundationAnchorage, AK$1,761,924
Jacksonville Jaguars FoundationJacksonville, FL$5,157,218
Weaver FoundationGreensboro, NC$1,204,788
Chugach Heritage FoundationAnchorage, AK$2,116,003
Caris FoundationIrving, TX$3,658,404
The CIRI Foundation (TCF)Anchorage, AK$4,765,798
Frank R Howard FoundationWillits, CA$1,789,651
Data update history
October 20, 2024
Updated personnel
Identified 3 new personnel
January 21, 2024
Posted financials
Added Form 990PF for fiscal year 2022
August 17, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 23, 2023
Used new vendors
Identified 1 new vendor, including
August 9, 2022
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
410 Blackwell St
Durham, NC 27701
Metro area
Durham-Chapel Hill, NC
County
Durham County, NC
Website URL
ncgskfoundation.org/ 
Phone
(919) 483-2823
Twitter profile
@ncgskfound 
IRS details
EIN
58-1698610
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1986
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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