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NCCF distributes record amount of grants in 2014

Bookmark and Share Raleigh, NC - December 09, 2014 -

RALEIGH -- The North Carolina Community Foundation awarded a record $15 million in grants on behalf of fundholders and affiliates in fiscal year 2013-14, according to NCCF CEO Jennifer Tolle Whiteside. This brings NCCF’s cumulative total of grantmaking to $89 million since the foundation’s creation 26 years ago.

More than 2,200 grants were administered by NCCF in fiscal year 2013-14, a record number for the foundation, Tolle Whiteside said. The foundation administers grants for donor-advised funds and community grantmaking programs through its network of 60 affiliate foundations throughout the state as well as other categories of endowments, including scholarships and those held by nonprofits, corporations, government agencies, small businesses and private foundations.

The largest grant category for last fiscal year was $7 million for human services. The second largest area of grantmaking was $3.9 for education-related initiatives. NCCF also administers a large number of direct scholarships, awarding nearly $600,000 that allowed 300 students to pursue their post-secondary education last academic year. (A full break-down of grant categories is detailed at www.nccommunityfoundation.org in NCCF’s online annual report.)

“These grants make a significant impact on communities and the lives of many North Carolinians across the state,” Tolle Whiteside said. “It is our honor and privilege to serve as stewards of this philanthropy.”

About the North Carolina Community Foundation:

The NCCF is the single statewide community foundation serving North Carolina and has made $89 million in grants since its inception in 1988. With more than $191 million in assets at fiscal year-end March 31, 2014, the NCCF sustains 1,200 endowments established to provide long-term support of a broad range of community needs, nonprofit organizations, institutions and scholarships. The NCCF partners with 60 affiliate foundations to provide local resource allocation and community assistance in 67 counties across the state. An important component of the NCCF’s mission is to ensure that rural philanthropy has a voice at local, regional and national levels.

Those interested in creating funds or contributing to existing funds administered through NCCF should contact Beth Boney Jenkins, NCCF’s vice president of development, at 919-256-6932.

For more information, visit www.nccommunityfoundation.org and Facebook and follow us on Twitter @NCCF.

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Press Contact

Contact: Noel McLaughlin
Email: nm@nccommunityfoundation.org
Phone: 919-256-6901