Form 990 for tax year 2022

Totals

Total revenue

-$36,712,168

Total expenses

$10,626,455

Contributions and grants received

$0

Grants paid

$9,288,550

Program service revenue

$0

Investment income

-$36,712,168

Other revenue

$0

Total assets, end of year

$1,208,160,901

Total liabilities, end of year

$326,377

Net assets or fund balances, end of year

$1,207,834,524

Program services expenses (Part IX)

$9,746,027

Management and general expenses

$880,428

Fundraising expenses

$0

Program service expenses (Part III)

$9,746,027

Program services were 91.7% 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 · 2022

• Providing financial support to benefit the residents of New Hanover County and region. New Hanover Community Endowment, Inc. focuses on (1) public primary, secondary, and post-secondary education, (2) health and social equity, (3) community development, and (4) community safety in furtherance of the mission and initiatives of New Hanover County.

  Expenses $9,746,027 · Grants $9,288,550

As filed on the 2022 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

• University of North Carolina at Wilmington

  $545,396

  The Center for Education in Science, Technology, Engineering, and Math (CESTEM) in the Watson College of Education was established in 1985 to improve the quality of precollege science and mathematics education in NC schools through programs designed for teachers.This grant will support professional development for teachers and provide them with access to a broad array of STEM equipment to use in their classrooms at no cost.

• Catholic Charities of the Diocese of Raleigh

  $531,000

  Catholic Charities Cape Fear Regional Office providing help to our brothers and sisters in need by alleviating the effects of poverty and creating hope by developing solutions to transform lives.This grant will support capital expenditures.

• Cape Fear Community College Foundation Incorporated

  $500,000

  The mission of Cape Fear Community College is to provide high-quality, dynamic, innovative, educational, cultural, training and workforce development opportunities to individuals, businesses, and industries in New Hanover and Pender counties.This grant will support capital improvements to establish a childcare center.

• Coastal Horizons

  $250,000

  Coastal Horizons promotes choices for healthier lives, stronger families, and safer communities.This grant will support renovations at the youth shelter and construction for MAT facility.

• Good Shepherd Center

  $250,000

  To feed the hungry, shelter the homeless, and foster transition to housing.This grant will support the Rapid Rehousing program.

• City of Wilmington Fire Department

  $219,500

  Protecting, serving, and educating for the safest community.This grant will support the acquisition of vehicles.

• Domestic Violence Shelter and Services Inc

  $203,000

  Work toward the elimination of domestic violence and provide emergency and support services for survivors of domestic violence.This grant will support capital equipment purchases and shelter services.

• Beacon Education

  $200,000

  By ensuring equitable access to high quality education, we empower children and their families to close and even reverse the achievement and opportunity gaps.This grant will support the installation of a commercial kitchen.

• Cape Fear Habitat for Humanity

  $200,000

  Seeking to put God's love into action, Cape Fear Habitat brings people together to build homes, communities, and hope.This grant will support the Homeownership Program and Critical Repair Program.

• The Healing Place

  $200,000

  The mission of The Healing Place of New Hanover County (THPNC) is to transform individuals affected by addiction or homelessness through accountability and connection.This grant will support the acquisition of vehicles and establishment of a clinic.

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

Provenance

Return type

form_990

Tax year

2022

Filed

18 August 2023

IRS schema version

2022v5.0

Source object

202302359349301275

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

The source document this was parsed from is served over the API, which is where bulk and document access live.