East Carolina University Foundation
East Carolina University Foundation reported $24.9 million in revenue and $13.4 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $81.65 went to program services, $4.06 to management and general costs and $14.29 to fundraising. Its largest source of revenue was contributions and grants: 56.5% of the total. The highest compensation it reported for one person was $626,217 (DIRECTOR). Revenue rose 25% between FY2021 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 $13MFor 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 $25MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 81.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.1% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 14.3% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.14 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 56.5% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 2.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $626,217 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 4.69% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 235.3 | 13.3 |
| Independent voting board members Part VI 1a–1b | 29 of 33 | 100.0% |
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 expenseThe foundation provides funding for student scholarships and awards. Through its multi-year scholarship programs, named scholarships, and annually funded awards the foundation seeks to assist East Carolina University students in achieving their education goals. During 2025, the foundation awarded scholarships to 2,439 recipients totaling $4,941,458 and 79 awards totaling $96,602
The foundation provides program funding to East Carolina University. This program support includes faculty development and travel, as well as providing funding for student experiences that are the hallmarks of an excellent institution
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR Director/trustee, 1.00 hrs/week | $0 | $485,052 | $141,165 | $626,217 |
| PRESIDENT Director/trustee, officer, 20.00 hrs/week | $0 | $342,798 | $100,206 | $443,004 |
| TREASURER Director/trustee, officer, 1.00 hrs/week | $0 | $304,770 | $90,935 | $395,705 |
| CHAIR Director/trustee, officer, 1.00 hrs/week | $0 | $15,648 | $12,533 | $28,181 |
0 people received more than $100,000 in reportable compensation from East Carolina University Foundation (Part VII, line 2).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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 · 29 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 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 6100
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| LEARNTOWIN Content development/user licenses | $196,500 |
| CAMBRIDGE ASSOCIATES LLC Investment management services | $194,013 |
Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.
Private foundation grants it received
15 private foundations reported grants to East Carolina University Foundation totaling $722K 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 East Carolina University 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 East Carolina University Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 East Carolina University Foundation spent in FY2025, $81.65 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Woodstock AcademyWoodstock, CT · revenue $25M · programs 84.5% · FY2025
- The Wardlaw-Hartridge SchoolEdison, NJ · revenue $25M · programs 87.2% · FY2025
- Scholarships for KidsBirmingham, AL · revenue $25M · programs 99.4% · 2024
- LA Scuola International SchoolSan Francisco, CA · revenue $25M · programs 76.6% · FY2025
- King's Ridge Christian SchoolAlpharetta, GA · revenue $25M · programs 91.8% · FY2025
All education charities · Largest charities in North Carolina
Questions people ask
How much of East Carolina University Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, East Carolina University Foundation reported that 81.7% of its $13.4 million in expenses went to program services, 4.1% to management and general and 14.3% to fundraising (Form 990, Part IX).
How much does East Carolina University Foundation pay its top executive?
The largest total compensation East Carolina University Foundation reported for one person in the fiscal year ending June 30, 2025 was $626,217, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does East Carolina University Foundation get its money?
Of $24.9 million in revenue in the fiscal year ending June 30, 2025, 56.5% came from contributions and grants and 2.0% from program service revenue (Form 990, Part VIII).
Is East Carolina University Foundation a registered charity?
The IRS lists EIN 56-6093187 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 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 202601349349304460 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531329349301263 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431319349300513 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341039349301579 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220809349301207 · read the filing
All filings for EIN 56-6093187: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.