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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
2023-12-01
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
$2,880,831
2023
Total expenses
$1,574,508
2023
Total assets
$68,434,707
2023
Num. employees
0
2023

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
The North Carolina Community Colleges FoundationNursing Program Support North Carolina Is Experiencing A Nursing Shortage and This Program Is Designed To Support Nursing Programs at Six Community Colleges in Rural Areas Across the State. in Many Rural Areas It Is Hard To Recruit and Retain Students in Nursing Programs. This Program Has Several Components To Address These Issues.$330,000
North Carolina Zoological SocietyBuilding the Capacity for Self-Directed Learning the North Carolina Zoo Is Enhancing Stem Educational Opportunities To All Zoo Guests. Educational Enhancements Include A Stem Career Quest, Virtual Tour Guides, Accessible Audio Tours and K-12 Stem Edzoocation Activities. the Stem Career Quests Will Allow Guests Role Playing Opportunities for Five Stem Careers at the Zoo. the Virtual Tour Guides Will Provide 25-30 Geolocations Inside the Zoo To Bring Educational Signage To Life. These Virtual Guides Will Be Delivered in English and Spanish Both With Closed Captioning Options.$270,000
Center for Child and Family HealthPlanning Grant for Resource Parent Curriculum$200,000
...and 7 more grants made

Personnel at North Carolina GlaxoSmithKline Foundation

NameTitleCompensation
Marilyn E Foote-HudsonExecutive Director$0

Financials for North Carolina GlaxoSmithKline Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$96,000
Investment income and dividends$2,640,912
Net rental income$0
Net gain from sale of non-inventory assets$143,919
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,880,831

Form 990s for North Carolina GlaxoSmithKline Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-11990PFView PDF
2022-122024-11-12990PFView PDF
2022-122023-11-01990PFView PDF
2021-122024-11-12990PFView PDF
2021-122022-11-14990PFView PDF
...and 10 more Form 990s

Organizations like North Carolina GlaxoSmithKline Foundation

OrganizationLocationRevenue
AliveBurnet, TX$1,042,528
Adams Thermal Systems FoundationCanton, SD$914,787
Sachs FoundationColorado Springs, CO$3,336,788
Rekha and Sudhir Puranik FoundationHouston, TX$1,038,799
OTTERCARES foundationFort Collins, CO$1,845,821
Tent FoundationNew York, NY$10,999,814
Bristol Bay FoundationAnchorage, AK$5,003,475
Ryobi FoundationCarbondale, CO$1,944,650
Proactive Health LabsBurbank, CA$960,997
Cinnaire Solutions CorporationLansing, MI$7,639,145
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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