NCCU Foundation, Inc. is the 501(c)(3) that receives private gifts and donations for the university that are utilized to increase educational opportunities and provide scholarship support for students. In addition, as an independent, charitable agency, the foundation can accept and liquidate non-cash gifts for the university that it may not be able to do on its own.
Mission Statement and Bylaws
The mission of the North Carolina Central University Foundation, Inc. is to foster and promote the growth of higher education in North Carolina and specifically North Carolina Central University by whatever name it may be designated, and to that end to encourage, solicit, receive and administer gifts and bequests of property and to hold in trust any properly, real, and personal given, devised, bequeathed, given in trust or in any other way made over to said corporation for the use or benefit of North Carolina Central University; to invest or disburse all monies received, and generally to care for, manage, administer and control all such property received, and to carry out the wishes and to see that the funds and property so received, and to carry allowable designations of the donors, and to perform any acts and expend funds not specifically designated, in any manner in which the corporation’s Board of Directors shall determine will be beneficial to the University.
Please click here to view a copy of the NCCU Foundation, Inc. bylaws.
Below are links to policies governing the NCCU Foundation, Inc.:
The NCCU Foundation, Inc.’s 990s and audited financial statements can be accessed via the links below:
The NCCU Foundation, Inc. is a qualified charitable organization under sec. 501(c)(3) of the IRS Code. It is an active not-for-profit NC Corporation certified by the Secretary of North Carolina under the laws of the State of North Carolina as in Chapter 55A of the GS of NC and the several amendments thereto. Contributions to North Carolina Central University through the Foundation qualify as tax deductions as provided under current tax law.