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Nonprofiteer
← TRIANGLE COMMUNITY FOUNDATION

Form 990 for tax year 2024

Filed by TRIANGLE COMMUNITY FOUNDATION.

Totals

Total revenue
$42,545,546
Total expenses
$34,084,364
Contributions and grants received
$25,963,208
Grants paid
$29,020,082
Program service revenue
$0
Investment income
$16,504,343
Other revenue
$77,995
Total assets, end of year
$335,822,865
Total liabilities, end of year
$18,725,623
Net assets or fund balances, end of year
$317,097,242
Program services expenses (Part IX)
$30,742,369
Management and general expenses
$2,925,726
Fundraising expenses
$416,270
Program service expenses (Part III)
$30,742,369

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $25,963,208

  • 1g · Noncash contributions included above

    $8,233,987

  • 3 · Investment income

    total $6,203,169 · excluded $6,203,169

  • 7a · Gross sales of assets other than inventory

    securities $122,972,957 · other assets $26,210

  • 7b · Less cost or other basis and sales expenses

    securities $112,697,993 · other assets $0

  • 7c · Gain or loss

    securities $10,274,964 · other assets $26,210

  • 7d · Net gain or loss

    total $10,301,174 · unrelated business $8,992 · excluded $10,292,182

  • 11a · Other revenue: REL ORG ADMIN/MGMT FEE

    total $71,027 · related or exempt $71,027

  • 11b · Other revenue: OTHER INCOME

    total $6,968 · related or exempt $6,968

  • 11e · Other revenue, total

    $77,995

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $29,004,582 · program services $29,004,582

  • 2 · Grants to domestic individuals

    total $15,500 · program services $15,500

  • 5 · Compensation of officers, directors and key employees

    total $688,377 · program services $312,110 · management and general $301,165 · fundraising $75,102

  • 7 · Other salaries and wages

    total $1,705,698 · program services $773,363 · management and general $746,243 · fundraising $186,092

  • 8 · Pension plan contributions

    total $87,582 · program services $39,710 · management and general $38,317 · fundraising $9,555

  • 9 · Other employee benefits

    total $187,683 · program services $85,096 · management and general $82,111 · fundraising $20,476

  • 10 · Payroll taxes

    total $168,306 · program services $76,310 · management and general $73,634 · fundraising $18,362

  • 11b · Fees: legal

    total $8,943 · management and general $4,472 · fundraising $4,471

  • 11c · Fees: accounting

    total $69,405 · management and general $69,405

  • 11f · Fees: investment management

    total $994,455 · management and general $994,455

  • 11g · Fees: other

    total $339,643 · program services $51,239 · management and general $276,074 · fundraising $12,330

  • 12 · Advertising and promotion

    total $308 · fundraising $308

  • 13 · Office expenses

    total $127,402 · program services $57,162 · management and general $55,821 · fundraising $14,419

  • 14 · Information technology

    total $106,530 · program services $48,301 · management and general $46,607 · fundraising $11,622

  • 16 · Occupancy

    total $228,683 · program services $103,685 · management and general $100,049 · fundraising $24,949

  • 17 · Travel

    total $38,664 · program services $17,530 · management and general $16,916 · fundraising $4,218

  • 19 · Conferences, conventions and meetings

    total $55,911 · program services $20,122 · management and general $25,182 · fundraising $10,607

  • 22 · Depreciation, depletion and amortization

    total $116,799 · program services $52,956 · management and general $51,100 · fundraising $12,743

  • 23 · Insurance

    total $18,720 · program services $8,488 · management and general $8,190 · fundraising $2,042

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $39,831 · program services $18,060 · management and general $17,426 · fundraising $4,346

  • 24b · Other expenses: PROFESSIONAL DEVELOPMEN

    total $30,672 · program services $13,907 · management and general $13,419 · fundraising $3,346

  • 24c · Other expenses: PROGRAM ADMINISTRATION

    total $27,553 · program services $27,553

  • 24d · Other expenses: MISCELLANEOUS

    total $11,749 · program services $5,327 · management and general $5,140 · fundraising $1,282

  • 24e · All other expenses

    total $11,368 · program services $11,368

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,571,640 · end of year $1,486,390

  • 4 · Accounts receivable

    beginning of year $14,209 · end of year $23,852

  • 7 · Other notes and loans receivable

    beginning of year $1,250,000 · end of year $1,250,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $15,500 · end of year $88,178

  • 10a · Land, buildings and equipment: cost or other basis

    $1,034,626

  • 10b · Land, buildings and equipment: accumulated depreciation

    $886,073

  • 10c · Land, buildings and equipment, net

    beginning of year $265,352 · end of year $148,553

  • 11 · Investments: publicly traded securities

    beginning of year $170,387,607 · end of year $204,843,313

  • 12 · Investments: other securities

    beginning of year $131,983,917 · end of year $122,684,443

  • 15 · Other assets

    beginning of year $5,716,424 · end of year $5,298,136

  • 17 · Accounts payable and accrued expenses

    beginning of year $98,151 · end of year $277,224

  • 18 · Grants payable

    beginning of year $1,068,492 · end of year $907,684

  • 21 · Escrow or custodial account liability

    beginning of year $16,245,297 · end of year $17,207,429

  • 25 · Other liabilities

    beginning of year $554,079 · end of year $333,286

  • 27 · Net assets without donor restrictions

    beginning of year $288,040,449 · end of year $312,114,961

  • 28 · Net assets with donor restrictions

    beginning of year $5,198,181 · end of year $4,982,281

Mission and programs · 2024

Mission

WE INSPIRE AND MOBILIZE GIVING, LEADERSHIP, AND ACTION.

Activities or mission (Part I)

TRIANGLE COMMUNITY FOUNDATION CONNECTS PHILANTHROPIC RESOURCES WITH COMMUNITY NEEDS, CREATES OPPORTUNITY FOR ENLIGHTENED CHANGES AND ENCOURAGES PHILANTHROPY AS A WAY OF LIFE.

  • TRIANGLE COMMUNITY FOUNDATION CONNECTS PHILANTHROPIC RESOURCES WITH COMMUNITY NEEDS, CREATES OPPORTUNITY FOR ENLIGHTENED CHANGE AND ENCOURAGES PHILANTHROPY AS A WAY OF LIFE.

    Expenses $29,155,227 · Grants $29,020,082

  • PHILANTHROPIC EVENTS - EVENTS FOR NONPROFITS INCLUDE: FORUMS TO CONNECT WITH DONORS; CAPACITY BUILDING WORKSHOPS.

    Expenses $905,913

  • DONOR SERVICES - SERVICES TO DONORS INCLUDE: MEETINGS WITH FOUNDATION STAFF; NETWORKING; EDUCATION AROUND LOCAL ISSUES.

    Expenses $681,229

As filed on the 2024 return.

Listed in Part VII

  • REBECCA BALTER

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • CRYSTAL GERMAN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • CAROLINE ABBOTT

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • VIJAH SHAH

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related

  • ELIZABETH ARIAS

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • CREIGHTON BLACKWELL

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • MATT BULLARD

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • KEVIN DICK

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • RICK GUIRLINGER

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • LILYN HESTER

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • BERNARD HSU

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • LATOYA MONTAGUE

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • WAYNE MORGAN

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • RENEE PASCHAL

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • HILARY POLLAN

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • EVAN RALEIGH

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • PILAR ROCHA-GOLDBERG

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • LAURA VIRKLER

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • STELFANIE WILLIAMS

    MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • LATOYA KING

    COO

    Total calculated
    $173,514
    From this org
    $147,771
    From related orgs
    $0
    Other
    $25,743
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,771
    Bonus
    $5,000
    Other
    $0
    Deferred
    $9,051
    Nontaxable benefits
    $16,692
    Filer's total
    $173,514

  • ROBERT NAYLOR

    CFO

    Total calculated
    $210,865
    From this org
    $183,507
    From related orgs
    $0
    Other
    $27,358
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $181,507
    Bonus
    $2,000
    Other
    $0
    Deferred
    $11,170
    Nontaxable benefits
    $16,188
    Filer's total
    $210,865

  • LORI O'KEEFE

    PRESIDENT & CEO

    Total calculated
    $274,748
    From this org
    $232,553
    From related orgs
    $0
    Other
    $42,195
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $231,053
    Bonus
    $1,500
    Other
    $0
    Deferred
    $14,408
    Nontaxable benefits
    $27,787
    Filer's total
    $274,748

  • SARAH GUIDI

    DIRECTOR OF COMMUNITY ENG

    Total calculated
    $115,776
    From this org
    $103,925
    From related orgs
    $0
    Other
    $11,851
    Hours/week
    40

  • LINDSAY HARRELL

    DIRECTOR OF FINANCE

    Total calculated
    $162,730
    From this org
    $142,594
    From related orgs
    $0
    Other
    $20,136
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,594
    Bonus
    $7,000
    Other
    $0
    Deferred
    $8,708
    Nontaxable benefits
    $11,428
    Filer's total
    $162,730

  • JENNIFER WELD

    DIRECTOR OF MKTG & COMM

    Total calculated
    $137,488
    From this org
    $106,110
    From related orgs
    $0
    Other
    $31,378
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • DURHAM ARTS COUNCIL ENDOWMENT FUND

    501(C)(3) · TO PROVIDE A PERMANENT ENDOWMENT OF SUPPORT FOR LOCAL ARTS ORGANIZATIONS · NC · controlled entity

    Directly controlled by TRIANGLE COMMUNITY FOUNDATION

  • TCF REAL ESTATE FOUNDATION

    501(C)(3) · RECEIVES, MANAGES, AND SELLS REAL ESTATE, GRANTS TO TCF · NC · controlled entity

    Directly controlled by TRIANGLE COMMUNITY FOUNDATION

Provenance

Return type
form_990
Tax year
2024
Filed
28 April 2026
IRS schema version
2024v5.5
Source object
202621209349302237

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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