Form 990 for tax year 2024
Filed by CAPITAL COMMUNITY FOUNDATION INC.
Totals
- Total revenue
- $3,079,136
- Total expenses
- $869,426
- Contributions and grants received
- $2,725,190
- Grants paid
- $769,929
- Program service revenue
- $0
- Investment income
- $352,810
- Other revenue
- $1,136
- Total assets, end of year
- $19,735,393
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $19,735,393
- Program services expenses (Part IX)
- $769,929
- Management and general expenses
- $99,497
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $769,929
Program services were 88.6% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$2,725,190
-
1g · Noncash contributions included above
$16,364
-
3 · Investment income
total $258,703 · related or exempt $258,703 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $1,136 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $1,136 · personal property $0
-
6d · Net rental income or loss
total $1,136 · related or exempt $1,136 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $109,994 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $15,887 · other assets $0
-
7c · Gain or loss
securities $94,107 · other assets $0
-
7d · Net gain or loss
total $94,107 · related or exempt $94,107 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $769,929 · program services $769,929
-
7 · Other salaries and wages
total $42,000 · management and general $42,000
-
8 · Pension plan contributions
total $11,375 · management and general $11,375
-
10 · Payroll taxes
total $3,213 · management and general $3,213
-
11b · Fees: legal
total $2,792 · management and general $2,792
-
13 · Office expenses
total $8,754 · management and general $8,754
-
14 · Information technology
total $5,135 · management and general $5,135
-
16 · Occupancy
total $12,667 · management and general $12,667
-
19 · Conferences, conventions and meetings
total $5,967 · management and general $5,967
-
23 · Insurance
total $5,959 · management and general $5,959
-
24a · Other expenses: Bank fees
total $12 · program services $0 · management and general $12 · fundraising $0
-
24b · Other expenses: Telephone, fax, internet
total $1,623 · program services $0 · management and general $1,623 · fundraising $0
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $819,541 · end of year $611,345
-
2 · Savings and temporary cash investments
beginning of year $364,256 · end of year $479,574
-
10a · Land, buildings and equipment: cost or other basis
$6,672,000
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $8,672,000 · end of year $6,672,000
-
11 · Investments: publicly traded securities
beginning of year $9,616,470 · end of year $11,972,474
-
27 · Net assets without donor restrictions
beginning of year $19,472,267 · end of year $19,735,393
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2024
Mission
Fundraising for and facilitating contributions to benefit various 501(c)(3) public charities, throughout the United States and abroad.
-
All foundation grants supported 501(c)(3) charities - see attached list.
Expenses $769,929 · Grants $769,929 · Revenue $769,929
As filed on the 2024 return.
Listed in Part VII
-
Bailey M Williams
CFO
- Total calculated
- $42,000
- From this org
- $42,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Paul Y Coble
Director
- Total calculated
- $0
- Hours/week
- 0
-
Richard A Thompson
Director
- Total calculated
- $0
- Hours/week
- 0
-
Thomas H Fetzer Jr
Director
- Total calculated
- $0
- Hours/week
- 0
-
R Donavon Munford Jr
Treasurer
- Total calculated
- $0
- Hours/week
- 20
-
Adrian N Wilson
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jennifer S Munford
President & CEO
- Total calculated
- $0
- 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.
Grants on this return
-
$150,000
-
$95,000
-
$47,000
-
Boys & Girls Club of Wake County
$43,000
-
$25,000
-
$25,000
-
$25,000
-
$25,000
-
Angier Baptist Church
$20,000
-
$20,000
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202533209349301243
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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