Form 990 for tax year 2024

Totals

Total revenue

$304,333,028

Total expenses

$95,312,089

Contributions and grants received

$0

Grants paid

$0

Program service revenue

$192,799,843

Investment income

$111,533,185

Other revenue

$0

Total assets, end of year

$2,510,907,202

Total liabilities, end of year

$752,173

Net assets or fund balances, end of year

$2,510,155,029

Program services expenses (Part IX)

$84,876,048

Management and general expenses

$10,436,041

Fundraising expenses

$0

Program service expenses (Part III)

$84,876,048

Program services were 89.1% 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.

Mission and programs · 2024

• THE ORGANIZATION INVESTS FUNDS OF THE NORTH CAROLINA STATE UNIVERSITY ENDOWMENT FUND AND OTHER UNIVERSITY-RELATED ENTITIES.

  Expenses $84,876,048 · Revenue $192,799,843

As filed on the 2024 return.

Listed in Part VII

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

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

No itemized grants to organizations on this return.

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.

• NC STATE ENGINEERING FOUNDATION

  501(C)(3) · SUPPORT THE COLLEGE OF ENGINEERING AT NCSU · NC

• NC STATE NATURAL RESOURCES FOUNDATION INC

  501(C)(3) · SUPPORTS THE COLLEGE OF NATURAL RESOURCES AT NCSU · NC

• NC STATE UNVERSITY ALUMNI ASSOCIATION

  501(C)(3) · PROMOTES ALUMNI AFFAIRS & AWARENESS OF NCSU IN THE COMMUNITY · NC

• NC STATE UNVERSITY COLLEGE OF SCIENCES FOUNDATION INC

  501(C)(3) · SUPPORT THE COLLEGE OF SCIENCES AT NCSU · NC

• NC STATE UNVERSITY PARTNERSHIP CORPORATION

  501(C)(3) · SUPPORT ORGANIZATION OF NCSU · NC

• NC STATE UNVERSITY STUDENT AID ASSOCIATION

  501(C)(3) · SUPPORTS ATHLETIC PROGRAMS AT NCSU · NC

• NORTH CAROLINA STATE UNIVERSITY

  115(1) · EDUCATION · NC

• NORTH CAROLINA STATE UNIVERSITY FOUNDATION INC

  501(C)(3) · SUPPORTS THE VARIOUS COLLEGES WITHIN THE UNIVERSITY · NC

• NORTH CAROLINA TEXTILE FOUNDATION

  501(C)(3) · AIDS EDUCATION & RESEARCH IN THE COLLEGE OF TEXTILES OF NCSU · NC

• NORTH CAROLINA VETERINARY MEDICAL FOUNDATION

  501(C)(3) · PROVIDES FINANCIAL SUPPORT IN THE FIELD OF VETERINARY MEDICINE AT NCSU · NC

• THE NORTH CAROLINA AGRICULTURAL FOUNDATION

  501(C)(3) · SUPPORTS THE COLLEGE OF AGRICULTURE AND LIFE SCIENCES AT NCSU · NC

Provenance

Return type

form_990

Tax year

2024

Filed

19 December 2025

IRS schema version

2024v5.2

Source object

202513439349300111

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