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Central Piedmont Community College Foundation

Charlotte, NC · EIN 56-0890420 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Central Piedmont Community College Foundation reported $12.3 million in revenue and $10.7 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.54 went to program services, $4.08 to management and general costs and $4.38 to fundraising. Its largest source of revenue was contributions and grants: 82.9% of the total. The highest compensation it reported for one person was $234,202 (VP, INST ADVMT). 2 people received more than $100,000 in reportable compensation. Revenue rose 43% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $11M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12M

Other revenue was negative: −$67,028. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.5%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
4.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
82.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%1.1%
Program service revenue share
Part VIII 2g ÷ 12
2.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$234,202$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.19%1.28%
People paid over $100,000
Part VII, line 2
28
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
118.213.3
Independent voting board members
Part VI 1a–1b
33 of 33100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$4.4M expenses · 44.6% of program spending · grants $4.4M

By removing financial barriers and expanding access to opportunities, Central Piedmont has been a place of transformation throughout its history. The Central Piedmont foundation secures philanthropic support to invest in scholarships that make a college education accessible for students. Scholarships include opportunity scholarships for students from charlotte's most economically challenged high schools and neighborhoods; transfer scholarships for students preparing to earn a four-year degree; career-focused scholarships for students who aspire to enter the workforce upon graduation; and many…

$2.7M expenses · 27.2% of program spending · grants $2.7M

Through its extensive educational programs, Central Piedmont offers individuals the opportunity to earn an associate degree, work toward a four-year degree, or take a direct path to employment. The college offers nearly 300 programs in 14 career fields with more than 55 professional pathways so that students are prepared for a real-world career. Classes are designed for close-knit learning with a 15:1 average student to teacher ratio. Students learn from faculty with actual career experience and a hands-on experiential approach. Hundreds of online classes and continuing education programs are…

$320K expenses · 3.3% of program spending · grants $320K · revenue $280K

As an open-door institution, Central Piedmont strives to provide its student body with the tools and support services necessary to facilitate success. The foundation's work enhances the college's capacity to address the factors that impede student retention and completion by creating a culture that promotes student success and expands opportunities for students to make meaningful connections to the college. The foundation supported student success and engagement in various ways. Services for students include personal counseling, emergency funding, academic and career advising, summer bridge…

$2.4M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
VP, INST ADVMT
Key employee, 40.00 hrs/week
$179,898$0$54,304$234,202
AVP, INST, ADVMT
Highest compensated employee, 40.00 hrs/week
$106,088$0$37,139$143,227
ASSISTANT SECRETARY
Officer, 10.00 hrs/week
$48,137$0$14,221$62,358
ASSISTANT TREASURER (THRU 9/16/24)
Officer, 40.00 hrs/week
$20,447$0$6,548$26,995

2 people received more than $100,000 in reportable compensation from Central Piedmont Community College Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$12M$11M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$12M$11M91.5%$105M$234,202
FY2024 ⓘ$27M$17M97.1%$98M$157,952
FY2023 ⓘ$19M$9.3M89.7%$95M$271,601
FY2022 ⓘ$21M$10M80.2%$79M$146,575
FY2021 ⓘ$10M$6.9M78.4%$75M$145,191
FY2020 ⓘ$8.6M$5.8M75.0%$61M$133,273

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b33 · 33 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 51
  • Volunteers Part I, line 647

Private foundation grants it received

6 private foundations reported grants to Central Piedmont Community College Foundation totaling $273K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Central Piedmont Community College Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Central Piedmont Community College Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in North Carolina

Questions people ask

How much of Central Piedmont Community College Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Central Piedmont Community College Foundation reported that 91.5% of its $10.7 million in expenses went to program services, 4.1% to management and general and 4.4% to fundraising (Form 990, Part IX).

How much does Central Piedmont Community College Foundation pay its top executive?

The largest total compensation Central Piedmont Community College Foundation reported for one person in the fiscal year ending June 30, 2025 was $234,202, for the role of VP, INST ADVMT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Central Piedmont Community College Foundation get its money?

Of $12.3 million in revenue in the fiscal year ending June 30, 2025, 82.9% came from contributions and grants (including 0.1% from government grants) and 2.3% from program service revenue (Form 990, Part VIII).

Is Central Piedmont Community College Foundation a registered charity?

The IRS lists EIN 56-0890420 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631329349306718 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541289349303204 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411349349301411 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301349349301140 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202211349349301531 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111379349304726 · read the filing

All filings for EIN 56-0890420: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.