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MCNC ENDOWMENT

EIN 58-2591748 RESEARCH TRIANGLE PARK, NC

Revenue 2024
$6,131,857
Expenses 2024
$225,718

Program services were 97.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
U200
Classification
1000
Street
3021 E CORNWALLIS ROAD BLDG 3

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

MCNC ENDOWMENT IS ORGANIZED AND IS TO BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF MCNC, AN NC NONPROFIT CORPORATION.

  • CONDUCTING CHARITABLE, EDUCATIONAL, AND SCIENTIFIC OBJECTIVES ON BEHALF OF MCNC, AND FOR THE PUBLIC PURPOSE OF PROMOTING SCIENTIFIC RESEARCH AND EDUCATION TO ENCOURAGE THE DEVELOPMENT OF THE ELECTRONIC AND INFORMATION TECHNOLOGY INDUSTRIES IN THE STATE OF NORTH CAROLINA.

    Expenses $220,151

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Tracy Doaks

    President & CEO

    Total calculated
    $501,244
    From this org
    $0
    From related orgs
    $463,333
    Other
    $37,911
    Hours/week
    0.4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $346,333 related
    Bonus
    $0 + $117,000 related
    Other
    $0
    Deferred
    $0 + $33,211 related
    Nontaxable benefits
    $0 + $4,700 related
    Filer's total
    $0 + $501,244 related
  • Charles Maimone

    Director

    Total calculated
    $0
    Hours/week
    0.2 + 0.1 related
  • Cynthia Frost

    Director

    Total calculated
    $0
    Hours/week
    0.3
  • Mark Yusko

    Director

    Total calculated
    $0
    Hours/week
    0.3
  • Neal Triplett

    Chair

    Total calculated
    $0
    Hours/week
    0.3
  • Sara Morgan

    Director

    Total calculated
    $0
    Hours/week
    0.3
  • Ward E Sax

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.2
  • John Sean Doyle

    Secretary

    Total calculated
    $274,571
    From this org
    $0
    From related orgs
    $232,095
    Other
    $42,476
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $216,496 related
    Bonus
    $0 + $15,599 related
    Other
    $0
    Deferred
    $0 + $24,178 related
    Nontaxable benefits
    $0 + $18,298 related
    Filer's total
    $0 + $274,571 related
  • Sarah Taylor

    Treasurer

    Total calculated
    $296,423
    From this org
    $0
    From related orgs
    $251,940
    Other
    $44,483
    Hours/week
    0.5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $233,940 related
    Bonus
    $0 + $18,000 related
    Other
    $0
    Deferred
    $0 + $26,070 related
    Nontaxable benefits
    $0 + $18,413 related
    Filer's total
    $0 + $296,423 related
  • Shirley Jennings

    Asst. Secretary

    Total calculated
    $167,104
    From this org
    $0
    From related orgs
    $142,996
    Other
    $24,108
    Hours/week
    0.4 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $131,386 related
    Bonus
    $0 + $11,610 related
    Other
    $0
    Deferred
    $0 + $14,636 related
    Nontaxable benefits
    $0 + $9,472 related
    Filer's total
    $0 + $167,104 related

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $6,131,857
    Expenses
    $225,718
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $4,226,744
    Expenses
    $197,966
    Contributions
    $155,619
    Grants paid
    $0
  • 2022
    Revenue
    $3,434,041
    Expenses
    $205,400
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2024 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2023 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2022 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2021 · 990

    Revenue
    $10,714,490
    Expenses
    $219,683
    Assets (EOY)
    $135,884,775
  • 2021 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2020 · 990

    Revenue
    $17,348,211
    Expenses
    $228,894
    Assets (EOY)
    $149,878,939
  • 2020 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported
  • 2019 · 990

    Revenue
    -$625,163
    Expenses
    $169,955
    Assets (EOY)
    $108,788,599
  • 2018 · 990

    Revenue
    $10,672,543
    Expenses
    $101,899
    Assets (EOY)
    $110,244,754
  • 2017 · 990

    Revenue
    $7,590,990
    Expenses
    $91,824
    Assets (EOY)
    $100,197,053

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

  • MCNC

    501(c)(3) · Broadband Tech · NC

Declared as related by

  • MCNC

    On its 2024 return as a controlled entity

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.