Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 07-01-2024 , and ending 06-30-2025
Name of foundation
NC IDEA
 
Number and street (or P.O. box number if mail is not delivered to street address)411 W CHAPEL HILL STREET C2
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DURHAM, NC27701
A Employer identification number

01-0702442
B Telephone number (see instructions)

(919) 941-5600
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$51,637,053J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 576,341
2 Check right arrow.............
3 Interest on savings and temporary cash investments 133,100 133,100  
4 Dividends and interest from securities... 908,696 908,696  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,862,348
b Gross sales price for all assets on line 6a 1,862,348
7 Capital gain net income (from Part IV, line 2)... 1,862,348
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
606,946 606,946 0
12 Total. Add lines 1 through 11........ 4,087,431 3,511,090 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 394,138 0 0 394,138
14 Other employee salaries and wages...... 1,242,900 0 0 1,242,900
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
107,605 0 0 107,605
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
593,137 293,976 0 299,161
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
245,120 0 0 116,172
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 37,359 0 0 37,359
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
476,420 0 0 471,233
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,096,679 293,976 0 2,668,568
25 Contributions, gifts, grants paid....... 2,569,331 2,569,331
26 Total expenses and disbursements. Add lines 24 and 25 5,666,010 293,976 0 5,237,899
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,578,579
b Net investment income (if negative, enter -0-) 3,217,114
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 1,670,244 1,084,751 1,084,751
2 Savings and temporary cash investments.........      
3 Accounts receivable right arrow54,151
Less: allowance for doubtful accounts right arrow     54,151 54,151
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable................. 394,497 187,642 187,642
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 40,972 44,569 44,569
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 48,649,896 Click to see attachment
List of Attached Documents:
// Content
49,611,715 		49,611,715
14 Land, buildings, and equipment: basis right arrow5,005
Less: accumulated depreciation (attach schedule) right arrow5,005      
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
723,692 		Click to see attachment
List of Attached Documents:
// Content
654,225 		Click to see attachment
List of Attached Documents:
// Content
654,225
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 51,479,301 51,637,053 51,637,053
Liabilities 17 Accounts payable and accrued expenses.......... 422,189 590,194
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
556,699 		Click to see attachment
List of Attached Documents:
// Content
504,485
23 Total liabilities (add lines 17 through 22)......... 978,888 1,094,679
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 50,105,916 50,354,732
25 Net assets with donor restrictions............ 394,497 187,642
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 50,500,413 50,542,374
30 Total liabilities and net assets/fund balances (see instructions). 51,479,301 51,637,053
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
50,500,413
2
Enter amount from Part I, line 27a .....................
2
-1,578,579
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
1,620,540
4
Add lines 1, 2, and 3 ..........................
4
50,542,374
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
50,542,374
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a TRUIST #6572 - GAIN(LOSS) P 2023-01-01 2025-06-30
b IFP III-B, LP GAIN(LOSS) PASS-THROUGH P 2025-01-01 2025-06-30
c IFP III-B, LP GAIN(LOSS) PASS-THROUGH P 2023-01-01 2025-06-30
d THE TIFF KEYSTONE FUND GAIN(LOSS) PASS-THROUGH P 2025-01-01 2025-06-30
e THE TIFF KEYSTONE FUND GAIN(LOSS) PASS-THROUGH P 2023-01-01 2025-06-30
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,203,671     1,203,671
b 28,787     28,787
c 66,707     66,707
d 94,849     94,849
e 468,334     468,334
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,203,671
b       28,787
c       66,707
d       94,849
e       468,334
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,862,348
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 123,636
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 44,718
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 44,718
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 44,718
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 50,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 50,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 5,282
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow5,282 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowNC
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowNCIDEA.ORG
14
The books are in care ofright arrowBEN REDDING Telephone no.right arrow (919) 941-5600

Located atright arrow411 W CHAPEL HILL ST C2DURHAMNC ZIP+4right arrow27701
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
Yes
 
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
No
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
THOMAS R RUHE CEO
40.00 		410,265 57,560 1,747
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
HEATHER MCWHORTER BOARD MEMBER
0.50 		0 0 0
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
DAVID MORRIS BOARD MEMBER
0.50 		0 0 0
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
TOM SNYDER BOARD MEMBER
0.50 		0 0 0
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
SPENCER DISHER BOARD CHAIR
0.50 		0 0 0
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
SONJA EBRON BOARD MEMBER
0.50 		0 0 0
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
JERRY EDMONDS III BOARD MEMBER
0.50 		0 0 0
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
JOSE ALVAREZ BOARD MEMBER
0.50 		0 0 0
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
KRISTA COVEY BOARD MEMBER
0.50 		0 0 0
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
KEITH LUEDEMAN BOARD MEMBER
0.50 		0 0 0
411 W CHAPEL HILL ST STE C2
DURHAM,NC27701
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
BENJAMIN REDDING CHIEF FINANCIAL OFFI
40.00 		178,342 51,927 1,747
411 W CHAPEL HILL ST C2
DURHAM,NC27701
BARRY RYAN SENIOR DIRECTOR
40.00 		138,458 31,359 1,747
411 W CHAPEL HILL ST C2
DURHAM,NC27701
AMY BASTIAN SENIOR DIRECTOR
40.00 		144,400 19,578 1,747
411 W CHAPEL HILL ST C2
DURHAM,NC27701
ALLAN YOUNGER SENIOR DIRECTOR
40.00 		112,535 44,077 1,747
411 W CHAPEL HILL ST C2
DURHAM,NC27701
ANDREA COOK SENIOR DIRECTOR
40.00 		111,535 43,749 1,747
411 W CHAPEL HILL ST C2
DURHAM,NC27701
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
CRELUCIN BUSINESS COACHING CONSULTING SERVICES 66,381
816 PINE VALLEY CT
WEDDINGTON,NC28104
KYMBERLY VERHOVSHEK CONSULTING SERVICES 52,819
60 MADISON AVENUE
ASHEVILLE,NC28801
TMF FUND SERVICES ACCOUNTING SERVICES 49,716
790 SE CARY PARKWAY SUITE 204
CARY,NC27511
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
24,448,858
b
Average of monthly cash balances.......................
1b
543,056
c
Fair market value of all other assets (see instructions)................
1c
25,921,619
d
Total (add lines 1a, b, and c).........................
1d
50,913,533
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
50,913,533
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
763,703
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
50,149,830
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,507,492
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,507,492
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
44,718
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
577
c
Add lines 2a and 2b............................
2c
45,295
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,462,197
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,462,197
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,462,197
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
5,237,899
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
5,237,899
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 2,462,197
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,286,313
b From 2020...... 2,389,995
c From 2021...... 2,449,625
d From 2022...... 3,232,949
e From 2023...... 1,706,181
f Total of lines 3a through e ........ 11,065,063
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 5,237,899
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 2,462,197
e Remaining amount distributed out of corpus 2,775,702
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 13,840,765
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,286,313
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		12,554,452
10 Analysis of line 9:
a Excess from 2020.... 2,389,995
b Excess from 2021.... 2,449,625
c Excess from 2022.... 3,232,949
d Excess from 2023.... 1,706,181
e Excess from 2024.... 2,775,702
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
NC IDEA
411 W CHAPEL HILL STREET SUITE C2
DURHAM,NC27701
(919) 941-5600
bThe form in which applications should be submitted and information and materials they should include:
THE ORGANIZATION'S $10,000 MICRO GRANT PROVIDES SMALL AMOUNTS OF FUNDING TO ENTREPRENEURS WHO ARE TESTING A BIG, NEW BUSINESS IDEA. THROUGH SMALL, PROJECT-BASED GRANTS, THE ORGANIZATION GRANTS MICRO AWARDS FUNDING UP TO $10,000 TO YOUNG COMPANIES LOOKING TO VALIDATE AND ADVANCE THEIR IDEA. MANAGEMENT HAS FOUND THAT FUNDING, PAIRED WITH MENTORSHIP AND GUIDANCE, EARLY IN A COMPANY'S LIFECYCLE, CAN MAKE A SIGNIFICANT IMPACT ON FUTURE SUCCESS. WHEN EVALUATING EACH APPLICATION, NC IDEA WILL MAKE AN ASSESSMENT OF THE STRENGTHS AND WEAKNESSES OF EACH APPLICANT COMPANY IN THE FOLLOWING AREAS: IDEA, TECHNOLOGY, TEAM, MARKET, COMPETITION, STRATEGY, FUNDING, AND IMPACT. ADDITIONAL DETAILS ON THE EVALUATION CRITERIA CAN BE FOUND HERE: HTTPS://NCIDEA.ORG/NC-IDEA-MICRO/
cAny submission deadlines:
ADDITIONAL DETAILS ON THE SUBMISSION TIMELINE CAN BE FOUND AT: HTTPS://NCIDEA.ORG/NC-IDEA-MICRO/
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FOR MICRO GRANTS, NC IDEA'S EVALUATION PROCESS IS RIGOROUS AND COMPETITIVE. COMPANIES MUST MEET CRITERIA RELATED TO GEOGRAPHY, INDUSTRY, STAGE OF DEVELOPMENT, TEAM, MARKET OPPORTUNITY, AND PRIOR AND FUTURE INVESTMENT IN ORDER TO BE CONSIDERED. ADDITIONAL DETAILS REGARDING ELIGIBILITY CAN BE FOUND AT: HTTPS://NCIDEA.ORG/NC-IDEA-MICRO/ SUBMISSION DEADLINES: NC IDEA'S MICRO GRANT PROGRAM HAS TWO GRANT CYCLES EACH YEAR. OUR SPRING GRANT CYCLE TYPICALLY OPENS IN MID-FEBRUARY, WHILE OUR FALL GRANT CYCLE OPENS SOMETIME BETWEEN MID-AUGUST AND EARLY SEPTEMBER.
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
NC IDEA
411 W CHAPEL HILL STREET SUITE C2
DURHAM,NC27701
(919) 941-5600
bThe form in which applications should be submitted and information and materials they should include:
THE ORGANIZATION'S $50,000 SEED GRANT OFFERS EARLY STAGE COMPANIES THE CRITICAL FUNDING, THEY NEED TO SCALE FASTER. NC IDEA SEED GRANTS ARE AWARDED TO INNOVATIVE STARTUPS WITH A PROVEN CONCEPT, EVEN IF THEY ARE NOT YET PROFITABLE. THE FUNDS, ALONG WITH MENTORSHIP AND GUIDANCE, PUSH COMPANIES FORWARD AND REDUCE RISK ASSOCIATED WITH GROWING STARTUPS. WHEN EVALUATING EACH APPLICATION, NC IDEA WILL MAKE AN ASSESSMENT OF THE STRENGTHS AND WEAKNESSES OF EACH APPLICANT COMPANY IN THE FOLLOWING AREAS: IDEA, TECHNOLOGY, TEAM, MARKET, COMPETITION, STRATEGY, FUNDING, AND IMPACT. FOR THE SEED GRANTS, FUNDING IS DONE IN TRANCHES BASED UPON COMPLETION OF TARGETED MILESTONES AND THEREFORE, MAY OR MAY NOT ULTIMATELY BE PAID OUT AT THE FULL POTENTIAL VALUE OF THE GRANT AWARD DEPENDING UPON THE PERFORMANCE OF THE RECIPIENT.
cAny submission deadlines:
ADDITIONAL DETAILS ON THE SUBMISSION TIMELINE CAN BE FOUND AT: HTTPS://NCIDEA.ORG/NC-IDEA-SEED/
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FOR SEED GRANTS, NC IDEA'S EVALUATION PROCESS IS RIGOROUS AND COMPETITIVE. COMPANIES MUST MEET CRITERIA RELATED TO GEOGRAPHY, INDUSTRY, STAGE OF DEVELOPMENT, TEAM, MARKET OPPORTUNITY, AND PRIOR AND FUTURE INVESTMENT IN ORDER TO BE CONSIDERED. ADDITIONAL DETAILS REGARDING ELIGIBILITY CAN BE FOUND AT: HTTPS://NCIDEA.ORG/NC-IDEA-SEED/ SUBMISSION DEADLINES: NC IDEA'S SEED GRANT PROGRAM HAS TWO GRANT CYCLES EACH YEAR. OUR SPRING GRANT CYCLE TYPICALLY OPENS IN MID-FEBRUARY, WHILE OUR FALL GRANT CYCLE OPENS SOMETIME BETWEEN MID-AUGUST AND EARLY SEPTEMBER.
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
NC IDEA
411 W CHAPEL HILL STREET SUITE C2
DURHAM,NC27701
(919) 941-5600
bThe form in which applications should be submitted and information and materials they should include:
THE ORGANIZATION'S ENGAGE GRANT PROGRAM SUPPORTS INDIVIDUALS AND ORGANIZATIONS BY HELPING THEM OFFER PROGRAMS, ORGANIZE EVENTS, AND FACILITATE ACTIVITY THAT BRINGS LIKE-MINDED FOLKS TOGETHER TO CELEBRATE AND PROMOTE ENTREPRENEURSHIP. THROUGH NC IDEA ENGAGE, THE ORGANIZATION HELPS ENTREPRENEURSHIP ADVOCATES OFFER PROGRAMS, PILOT NEW INITIATIVES AND ORGANIZE VIRTUAL AND IN-PERSON EVENTS THAT BRING PEOPLE TOGETHER TO SUPPORT ENTREPRENEURIAL ACTIVITY. THE ORGANIZATION BELIEVES THAT ENTREPRENEURIAL ECOSYSTEMS AND ECONOMICALLY STRONG AND DIVERSE COMMUNITIES GO HAND IN HAND. WHEN EVALUATING EACH APPLICATION, NC IDEA WILL MAKE AN ASSESSMENT OF THE STRENGTHS AND WEAKNESSES OF EACH APPLICATION BASED ON WHETHER THE ACTIVITIES WILL PROMOTE ENTREPRENEURSHIP IN NORTH CAROLINA AS THE PRIMARY GOAL. SUBMISSION DEADLINES: NC IDEA'S ENGAGE GRANT PROGRAM HAS A ROLLING AWARD DATE, BASED ON SUBMISSION OF APPLICATION, WHICH NEED TO BE SUBMITTED NO LESS THAN 60 DAYS PRIOR TO THE PROPOSED ACTIVITY.
cAny submission deadlines:
ADDITIONAL INFO ON SUBMISSION DEADLINES CAN BE FOUND HERE: HTTPS://NCIDEA.ORG/NC-IDEA-ENGAGE/
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FOR ENGAGE GRANTS, GRANTEES MUST OFFER PROGRAMS, ORGANIZE EVENTS, AND FACILITATE ACTIVITY THAT BRINGS LIKE-MINDED FOLKS TOGETHER TO CELEBRATE AND PROMOTE ENTREPRENEURSHIP IN NORTH CAROLINA. ADDITIONAL DETAILS REGARDING ELIGIBILITY CAN BE FOUND AT: HTTPS://NCIDEA.ORG/NC-IDEA-ENGAGE/ SUBMISSION DEADLINES: NC IDEA'S ENGAGE GRANT PROGRAM APPLICATION CYCLE IS ON AN ONGOING BASIS.
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
NC IDEA
411 W CHAPEL HILL STREET SUITE C2
DURHAM,NC27701
(919) 941-5600
bThe form in which applications should be submitted and information and materials they should include:
THE ORGANIZATION'S ECOSYSTEM GRANT PROGRAM FUNDS ORGANIZATIONS ACROSS THE STATE OF NORTH CAROLINA THAT EXECUTE CREATIVE PROGRAMS TO SUPPORT ENTREPRENEURS AND STRENGTHEN NORTH CAROLINA AS A NATIONAL EXEMPLAR FOR ENTREPRENEURSHIP. WHEN EVALUATING EACH APPLICATION, NC IDEA WILL MAKE AN ASSESSMENT OF THE STRENGTHS AND WEAKNESSES OF EACH APPLICATION BASED ON THE ORGANIZATION'S ABILITY AND DESIRE TO EXECUTE ON INNOVATIVE AND TRANSFORMATIONAL IDEAS THAT CAN STRENGTHEN NORTH CAROLINA'S ENTREPRENEURIAL ECOSYSTEM. FOR THE ECOSYSTEM GRANTS, FUNDING IS DONE IN TRANCHES BASED UPON COMPLETION OF TARGETED MILESTONES AND THEREFORE, MAY OR MAY NOT ULTIMATELY BE PAID OUT AT THE FULL POTENTIAL VALUE OF THE GRANT AWARD DEPENDING UPON THE PERFORMANCE OF THE RECIPIENT. ADDITIONAL PROGRAM DETAILS AND ELIGIBILITY DETAILS CAN BE FOUND HERE: HTTPS://NCIDEA.ORG/NC-IDEA-ECOSYSTEM/ SUBMISSION DEADLINES: NC IDEA'S ECOSYSTEM GRANT PROGRAM TYPICALLY HAS ONE GRANT REVIEW AND AWARD CYCLE EVERY SECOND YEAR.
cAny submission deadlines:
ADDITIONAL DETAILS ON THE SUBMISSION CAN BE FOUND AT: HTTPS://NCIDEA.ORG/NC-IDEA-ECOSYSTEM/
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
FOR ECOSYSTEM GRANTS, GRANTEES MUST BE EITHER NONPROFIT OR FOR-PROFIT ORGANIZATIONS WITHIN NORTH CAROLINA THAT PRIMARILY HELP PEOPLE START AND GROW HIGH POTENTIAL FIRMS. ADDITIONAL DETAILS REGARDING ELIGIBILITY CAN BE FOUND AT: HTTPS://NCIDEA.ORG/NC-IDEA-ECOSYSTEM/ SUBMISSION DEADLINES: NC IDEA'S ECOSYSTEM GRANT PROGRAM HAS A GRANT CYCLE APPROXIAMTELY EVERY TWO YEARS.
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
NC IDEA
411 W CHAPEL HILL STREET SUITE C2
DURHAM,NC27701
(919) 941-5600
bThe form in which applications should be submitted and information and materials they should include:
THE ORGANIZATION'S MINDSET GRANT PROGRAM [SOMETIMES CALLED THE ICE HOUSE GRANT PROGRAM] FUNDS PARTICIPANTS IN THE FUNDAMENTAL ASPECTS OF ENTREPRENEURIAL THINKING WHILE IMMERSING THEM IN THE PROCESS THAT WILL ENABLE THEM TO DEVELOP ENTREPRENEURIAL SKILLS. NC IDEA MINDSET IS DESIGNED TO DEVELOP CREATIVITY AND CRITICAL THINKING, EFFECTIVE PROBLEM SOLVING, TEAMWORK AND OTHER ENTREPRENEURIAL SKILLS ENABLING INDIVIDUALS TO SUCCEED REGARDLESS OF THEIR CHOSEN PATH. THROUGH DEPLOYMENT OF THE PROGRAM ALONGSIDE STATEWIDE EDUCATION PARTNERS, THE ORGANIZATION WANTS TO BRING THE POWER OF ENTREPRENEURIAL THINKING TO 100,000 NORTH CAROLINIANS.
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE ORGANIZATION OFFERS MINDSET FACILITATOR TRAINING TO INDIVIDUALS FROM SELECTED ORGANIZATIONS ON AN OCCASIONAL BASIS. THESE ORGANIZATIONS ARE DRAWN FROM EDUCATIONAL INSTITUTIONS (PARTICULARLY COMMUNITY COLLEGES), ENTREPRENEURIAL SUPPORT ORGANIZATIONS, ECONOMIC DEVELOPMENT ORGANIZATIONS, LIBRARIES, CDFIS, GOVERNMENT ENTITIES OR OTHER ENTREPRENEURIALLY MINDED ENTITIES. ELIGIBILITY DETAILS REGARDING HOW TO BECOME A MINDSET PARTNER CAN BE FOUND HERE: HTTPS://NCIDEA.ORG/NC-IDEA-MINDSET/
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

3 SPARK DESIGN

3727 1ST AVE SW
HICKORY,NC28602 		NONE NOT CLASSIFIED RURAL IMPACT 20,000

ACTIVE DEFENDER

261 NIAGARA CARTHAGE ROAD SUITE J
CARTHAGE,NC28327 		NONE NOT CLASSIFIED RURAL IMPACT 20,000

AKALAKA

3710 SHANNON ROAD UNIT 52272
DURHAM,NC27707 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

ALAMANCE COMMUNITY COLLEGE SBC

POST OFFICE BOX 8000
GRAHAM,NC27253 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

VETONCODX LLC

1009 CAPABILITY DRIVE 301A
RALEIGH,NC27606 		NONE NOT CLASSIFIED SEED GRANTS 20,000

DELPHIA MCCOY

2681 MOUNT OLIVE RD
WHITEVILLE,NC28472 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

APPALACHIAN STATE UNIVERSITY

287 RIVERS STREET
BOONE,NC28608 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 8,000

ARCLET LLC

18 MAIN ST ASHEVILLE NORTH CAROLINA
28803-1428
ASHEVILLE,NC28803 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

ARCLET LLC

18 MAIN ST ASHEVILLE NORTH CAROLINA
28803-1428
ASHEVILLE,NC28803 		NONE NOT CLASSIFIED SEED GRANTS 26,500

ARGONETA

1034 MARILEE GLEN CT
DURHAM,NC27705 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

ARRAY COMMUNITY DEVELOPMENT CORPORATION

690 HWY 70
BEAUFORT,NC28516 		NONE NOT CLASSIFIED ENGAGE GRANTS 10,000

ARTIFICIALLY DIGITAL LLC

964 HIGH HOUSE ROAD PMB 36 CARY
NORTH CAROLINA 27513
CARY,NC27513 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

ASPIRE COMMUNITY CAPITAL

3124 MILTON RD
CHARLOTTE,NC28215 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

ATLANTIC FISH CO

2711 FOUNDERS DRIVE
RALEIGH,NC27607 		NONE NOT CLASSIFIED SEED GRANTS 45,000

AZOIA

3940 BRISTOL DR
CHARLOTTE,NC28208 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

BLEAN

3067 KINGS CT
RALEIGH,NC27606 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

BLOCKCHAIN POWER

2 DAVIS DR RESEARCH TRIANGLE PARK
RESEARCH TRIANGLE PARK,NC27709 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

BLUSH COWORK

201 SHANNON OAK CIRCLE SUITE 102
CARY,NC27511 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 25,000

BRISTLES INC

17 RATTAN BAY CT DURHAM NORTH
CAROLINA 27713
DURHAM,NC27713 		NONE NOT CLASSIFIED SEED GRANTS 15,000

BUJOY MEDIA

608 QUAIL CT
CREEDMOOR,NC27522 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,500

CAPWAVE AI

408 BROADWAY
NEW YORK,NY10013 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

CAREHOME HEALTH

1010 NUTT ST
WILMINGTON,NC28401 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

CAROLINA INSTRUMENTS

106 PINE LN
CHAPEL HILL,NC27514 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

CENTRAL CAROLINA COMMUNITY COLLEGE SBC

1105 KELLY DRIVE
SANFORD,NC27330 		NONE NOT CLASSIFIED ENGAGE GRANTS 1,500

CENTRAL CAROLINA COMMUNITY COLLEGE SBC

1105 KELLY DRIVE
SANFORD,NC27330 		NONE NOT CLASSIFIED MINDSET GRANTS 2,442

CHARLOTTE MECKLENBURG LIBRARY

510 STITT RD
CHARLOTTE,NC28213 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,500

CHARLOTTE REGIONAL BUSINESS ALLIANCE FOUNDATION

330S TRYON STREET
CHARLOTTE,NC28202 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 35,000

CIRCUITSAYS

4652 BAKER RD
NASHVILLE,NC27856 		NONE NOT CLASSIFIED RURAL IMPACT 10,000

CITRUS ONCOLOGY

512 ALDEBRAN CT
CARY,NC27519 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

CITY OF WILSON

PO BOX 10
WILSON,NC27893 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 20,000

CIVIC REACH AI

509 W NORTH STREET
RALEIGH,NC27603 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

KATE MAYNARD

100 N TRYON ST 4700
CHARLOTTE,NC28202 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,000

CLINAVARE

5527 OAKGATE DR
GREENSBORO,NC27405 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

COCO FRO

106 TURNER RIDGE CIR
DURHAM,NC27713 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

SHANNON ATKINS

221 COMMERCIAL CT
SANFORD,NC27330 		NONE NOT CLASSIFIED RURAL IMPACT 20,000

COPY AND POST LLC

PO BOX 781 SWANNANOA NORTH CAROLINA
28778
SWANNANOA,NC28778 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

CORE AI

7151 OKELLY CHAPEL ROAD SUITE 202
CARY,NC27519 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

COUNTY OF WARREN

548 W RIDGEWAY STREET
WARRENTON,NC27589 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 4,150

CYDOC CORP

7 COOLIDGE PLACE
DURHAM,NC27705 		NONE NOT CLASSIFIED SEED GRANTS 20,000

CYDOC CORP

7 COOLIDGE PLACE
DURHAM,NC27705 		NONE NOT CLASSIFIED MINDSET GRANTS 17,500

DAVIDSON DAVIE CC

PO BOX 1297
LEXINGTON,NC27293 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

DEI DIRECTIVE INC

3540 TORINGDON WAY SUITE 200-327
CHARLOTTE NORTH CAROLINA 28277
CHARLOTTE,NC28277 		NONE NOT CLASSIFIED SEED GRANTS 5,000

DEXIT DIGITAL ACCOUNT SERVICES LLC

10850 PROVIDENCE ROAD STE 1084
CHARLOTTE NORTH CAROLINA 28277
CHARLOTTE,NC28277 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

JUSTIN MINOTT

4316 ERWIN RD
DURHAM,NC27705 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 3,147

DIGI DISCOVERIES

4801 GLENWOOD AVENUE SUITE 200-1105
RALEIGH,NC27612 		NONE NOT CLASSIFIED MINDSET GRANTS 5,000

DISHEFS LLC

100 WAXHAW PKWY PO BOX 93 WAXHAW
NORTH CAROLINA 28173
WAXHAW,NC28173 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

DNALI DATA TECHNOLOGIES INC

429 FINCASTLE DR CARY NORTH
CAROLINA 27513
CARY,NC27513 		NONE NOT CLASSIFIED SEED GRANTS 5,250

DURHAM SUCCESS SUMMIT

732 9TH ST 596
DURHAM,NC27705 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

DURHAM SUCCESS SUMMIT

732 PTH ST 596
DURHAM,NC27705 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 3,400

ECHO SYSTEM

112 BROADWAY ST
DURHAM,NC27701 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

ECONOMIC DEVELOPMENT PARTNERSHIP OF NORTH CAROLINA

150 FAYETTEVILLE ST SUITE 1200
RALEIGH,NC27601 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

EQUITY OVER EVERYTHING

948 OLD POLE BRIDGE ROAD
MILLS RIVER,NC28759 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

FASHIVITY

100 N TRYON ST STE 170
CHARLOTTE,NC28202 		NONE NOT CLASSIFIED SEED GRANTS 31,250

FAYETTEVILLE OPERATION INASMUCH

531 HILLSBORO ST
FAYETTEVILLE,NC28301 		NONE NOT CLASSIFIED MINDSET GRANTS 2,223

FIRST FLIGHT VENTURE CENTER

2 DAVIS DR PO BOX 13169
RESEARCH TRIANGLE PARK,NC27709 		NONE NOT CLASSIFIED ENGAGE GRANTS 10,500

FIRST FLIGHT VENTURE CENTER

2 DAVIS DR PO BOX 13169
RESEARCH TRIANGLE PARK,NC27709 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 63,360

FLEX DESK 360

100 S GARNETT STREET
HENDERSON,NC27587 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

FLEXIE

1300 SOUTH BLVD SUITE B-32
CHARLOTTE,NC28208 		NONE NOT CLASSIFIED SEED GRANTS 25,000

FOCUS CUBES

614 W MAIN ST APT 413
DURHAM,NC27701 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

FORWARD CITIES

411 W CHAPEL HILL STREET
DURHAM,NC27704 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 60,000

GAMEFLO

222 BROADWAY
NEW YORK,NY10038 		NONE NOT CLASSIFIED SEED GRANTS 25,000

GENESIS BLOCK FOUNDATION

226 NORTH FRONT STREET SUITE 165
WILMINGTON,NC28401 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

CITY OF WILSON

208 NASH ST NE
WILSON,NC27893 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

RESILNC

241 E MARKET ST
GREENSBORO,NC27401 		NONE NOT CLASSIFIED ENGAGE GRANTS 10,000

GREPBEAT

121 E PARRISH ST
DURHAM,NC27701 		NONE NOT CLASSIFIED ENGAGE GRANTS 9,000

GROWMETIX

6425 BANNINGTON ROAD SUITE B
CHARLOTTE,NC28226 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 25,000

GWEN

672 IDEAL WAY
CHARLOTTE,NC28203 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

GWEN

672 IDEAL WAY
CHARLOTTE,NC28203 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 40,000

HATCH AVL FOUNDATION

45S FRENCH BROAD
ASHEVILLE,NC28801 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 40,000

HISPANIC LEAGUE

114 W 30TH STREET STE 900
WINSTONSALEM,NC27105 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

HOPPY PLANET FOODS

5214 CHEDWORTH DRIVE
CHARLOTTE,NC28210 		NONE NOT CLASSIFIED SEED GRANTS 45,000

HUSTLE

500 W 5TH STREEET SUITE 80027
WINSTONSALEM,NC27101 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 25,000

INDUSTRIAL COMMONS

647 HOPEWELL RD
MORGANTON,NC28655 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 35,000

INNOVATE CHARLOTTE

1213 W MOREHEAD ST STE 500-380
CHARLOTTE,NC28208 		NONE NOT CLASSIFIED ENGAGE GRANTS 3,500

TASHA WILLIAMS

301 SOUTH CHURCH STREET SUITE 142
ROCKY MOUNT,NC27804 		NONE NOT CLASSIFIED MINDSET GRANTS 2,819

DAVIDSON COLLEGE

405 N MAIN ST
DAVIDSON,NC28035 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

JOHNSTON COMMUNITY COLLEGE SBC

245 COLLEGE ROAD
SMITHFIELD,NC27577 		NONE NOT CLASSIFIED MINDSET GRANTS 1,050

JUBILEAGUE

11035 GOLFLINKS DR 78505
CHARLOTTE,NC28270 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

JUNCTION BUSINESS SERVICES INC

9319 ROBERT D SNYDER RD STE 403
CHARLOTTE,NC28223 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 34,000

KAHMINO

213 TEALIGHT LANE
CARY,NC27513 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 2,500

KAHMINO

801 MORATRUCK DR
RALEIGH,NC27604 		NONE NOT CLASSIFIED SEED GRANTS 15,100

KC SQUARED LLC

400 GILEAD RD 1901HUNTERSVILLE
NORTH CAROLINA 28070
HUNTERSVILLE,NC28070 		NONE NOT CLASSIFIED SEED GRANTS 5,100

KCR CONCEPTS

1213 W MOREHEAD ST STE 500-202
CHARLOTTE,NC28208 		NONE NOT CLASSIFIED MINDSET GRANTS 5,000

KEPLER

933 LOUISE AVE STE 101S
CHARLOTTE,NC28204 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

AB COMMUNITY

1307 W KNOX STREET
DURHAM,NC27705 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 51,667

AB COMMUNITY

1307 W KNOX STREET
DURHAM,NC27705 		NONE NOT CLASSIFIED ENGAGE GRANTS 20,000

LAUNCH GREENSBORO

PO BOX 3246
GREENSBORO,NC27402 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,500

LEAD GIRLS OF NC

1201 N LIBERTY STREET
WINSTONSALEM,NC27101 		NONE NOT CLASSIFIED MINDSET GRANTS 5,000

LIBREE SERVICIOS

525 HAMILTON STREET
ROANOKE RAPIDS,NC27870 		NONE NOT CLASSIFIED MINDSET GRANTS 4,966

LINEAR-DETECTION

140 TOWERVIEW CT
CARY,NC27513 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

LIVING BETTER LIFE

301 S CHURCH ST STE 136 C ROCKY
MOUNT NC 27804
ROCKY MOUNT,NC27804 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 35,000

LOCAL CATCH LLC

317 NOTTINGHAM LANE
WILMINGTON,NC28409 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

LOCAL CATCH LLC

317 NOTTINGHAM LANE
WILMINGTON,NC28409 		NONE NOT CLASSIFIED RURAL IMPACT 15,000

LOOM 3D

517 BASHFORD RD
RALEIGH,NC27606 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

MADISON CONSULTING FIRM

100 VALLEY STREEM RD
SPRING LAKE,NC28390 		NONE NOT CLASSIFIED MINDSET GRANTS 1,600

MARLA AMPLIFICATION

85 CONGRESS ST
ASHEVILLE,NC28801 		NONE NOT CLASSIFIED SEED GRANTS 13,500

MATCHA NUDE

87 OLDE COVINGTON WAY
ARDEN,NC28704 		NONE NOT CLASSIFIED SEED GRANTS 50,000

MEDICPORTER

4107 SUGAR PINE LANE
DURHAM,NC27705 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

MESA

210 DELBURG STREET
DAVIDSON,NC28036 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

MITHRILAI CORP

137 CUMBERLAND GREEN DR
CARY,NC27513 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

MOUNTAIN BIZWORKS (OUTDOOR CONF)

153 S LEXINGTON AVE
ASHEVILLE,NC28801 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

MOUNTAIN BIZWORKS (FOOD GUIDE)

153 S LEXINGTON AVE
ASHEVILLE,NC28801 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

MOUNTAIN BIZWORKS INC

153 S LEXINGTON AVE
ASHEVILLE,NC28801 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 25,000

ACADEMIC INSIGHT LAB

2806 BEDFORD GREEN DRIVE 108
RALEIGH,NC27604 		NONE NOT CLASSIFIED SEED GRANTS 35,000

NASH COMMUNITY COLLEGE

3600 SUNSET AVE
ROCKY MOUNT,NC27804 		NONE NOT CLASSIFIED MINDSET GRANTS 1,750

NATIONAL INSTITUTE FOR MINORITY ECONOMIC DEBE

4709 HOPE VALLEY ROAD
DURHAM,NC27707 		NONE NOT CLASSIFIED ENGAGE GRANTS 4,225

NATIONAL INSTITUTE OF MINORITY ECONOMIC DEV

114 W PARRISH ST
DURHAM,NC27701 		NONE NOT CLASSIFIED ENGAGE GRANTS 4,000

NC CENTRAL UNIVERSITY

1801 FAYETTEVILLE STREET
DURHAM,NC27707 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 25,000

VANCE COUNTY CONSOLIDATED ACCOUNT

122 YOUNG STREET SUITE B
HENDERSON,NC27536 		NONE NOT CLASSIFIED MINDSET GRANTS 5,000

NC EMPLOYEE OWNERSHIP CENTER

PO BOX 1048
DURHAM,NC27702 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

NC STATE TEASURER- NCSU EFT CLEARING ACCOUNT BRADFORD B BRINER STATE TEASUR

BOX 7214 2601 WOLF VILLAGE WAY
ADMIN SERVICES LLL SUITE 240
RALEIGH,NC27695 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

NCCU TECHNOLOGY LAW AND POLICY CENTER

1801 FAYETTEVILLE STREET
DURHAM,NC27707 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 5,000

NC SCHOOL OF SCIENCE AND MATH

420 MONTGOMERY ST
SAN FRANCISCO,CA94104 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

NEIGHBORS FOR BETTER NEIGHBORHOODS

313 INDERA MILLS CT
WINSTON SALEM,NC27101 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,500

NELI

143 CHARLOTTE AVE
SANFORD,NC27330 		NONE NOT CLASSIFIED RURAL IMPACT 20,000

NICELLE TECHNOLOGIES

3228 SHIRE LANE APT E
RALEIGH,NC27606 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

OPEN SPROUTS

300 SOUTHTOWN CIR
ROLESVILLE,NC27571 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

ASHEVILLE AREA CHAMBER OF COMMERCE COMMUNITY BETTERMENT FOUNDATION

36 MONTFORD AVE
ASHEVILLE,NC28801 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 20,000

OPTIMIST VENTURES

36 MONTFORD AVE
ASHEVILLE,NC28801 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 15,000

OSROSTRUM

236S MAIN ST
GRAHAM,NC27253 		NONE NOT CLASSIFIED SEED GRANTS 20,000

OTTER READING

50 SAINT MARY AVENUE
CONCORD,NC28025 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

PAMLICO BUSINESS RESOURCE CENTER

409 W MAIN STREET 100
WASHINGTON,NC27889 		NONE NOT CLASSIFIED ENGAGE GRANTS 3,300

PARKING PIN LLC

5000 CENTREGREEN WAY APARTMENT 500
CARY NORTH CAROLINA 27513
CARY,NC27513 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

PHINITE

2230 KEENER RD
CLINTON,NC28328 		NONE NOT CLASSIFIED RURAL IMPACT 20,000

PITT COMMUNITY COLLEGE

PO DRAWE 7007
GREENVILLE,NC27835 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 20,000

PREVIEWEDINC

111 BAIN ST SUITE 317 GREENSBORO
NORTH CAROLINA 27406
GREENSBORO,NC27406 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

PROSPERA

145 C SCALEYBARK ROAD
CHARLOTTE,NC28209 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 45,000

PROVIDENT 1898

116W PARRISH ST
DURHAM,NC27701 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 25,000

PUMP FOR JOY

13315 PIERRE REVERDY DRIVE
DAVIDSON,NC28036 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

PURPOSE LEARNING LAB

3 OLIVENE DRIVE
DURHAM,NC27703 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,500

RALEIGH DURHAM STARTUP WEEK

84406 WINSLOW
CHAPEL HILL,NC27517 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

RAZORED TECHNOLOGIES

10966 ASPEN RIDGE LN NW CONCORD
NORTH CAROLINA 28027
CONCORD,NC28027 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

REDIRECTION CDC

204 E AIRLINGTON BLVD SUITE C
GREENVILLE,NC27858 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 35,000

REDIRECTION CDC

5215 STANTONSBURG RD GREENVILLE NC
27834
GREENVILLE,NC27834 		NONE NOT CLASSIFIED MINDSET GRANTS 3,600

REGVUE

1015 BIG SPRING CIRCLE
DURHAM,NC27703 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

RENAISSANCE FIBER

500 WEST 5TH ST SUITE 400
WINSTONSALEM,NC27101 		NONE NOT CLASSIFIED RURAL IMPACT 20,000

BOXYARD RTP LLC

700 PARK OFFICES DRIVE SUTE 007
DURHAM,NC27709 		NONE NOT CLASSIFIED ENGAGE GRANTS 13,500

RIOT

509 W NORTH STREET
RALEIGH,NC27603 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 40,000

SBTDC1

1700 MLK JR BLVD UNIT 115
CHAPEL HILL,NC27514 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

SC ATKINS CDC

418 S STRATFORD ROAD
WINSTONSALEM,NC27103 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

SCALE SOCIAL

1309 WEIDMANN DRIVE
RALEIGH,NC27614 		NONE NOT CLASSIFIED SEED GRANTS 35,000

SCALE SOCIAL AI

1309 WEIDMANN DRIVE
RALEIGH,NC27614 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

SELAH INNOVATIONS

6212 SANDY FORKS ROAD
RALEIGH,NC27615 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

SG ATKINS CDC

1922 S MARTIN LUTHER KING JR DRIVE
WINSTONSALEM,NC27107 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

BLACK GIRL MAGIC MARKET

89 DONATELLA WAY
ANGIER,NC27501 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 65,000

SOTERIA FORMULATIONS

1550 LILLEY COURT APT Q7
RALEIGH,NC27606 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

SPICE WITCH

41 HAW CREEK CIRCLE
ASHEVILLE,NC28805 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

STEM WEST

3261 EAST MAIN ST
CLAREMONT,NC28610 		NONE NOT CLASSIFIED MINDSET GRANTS 1,500

STEMZ

710 MILLER STREET
WINSTONSALEM,NC27103 		NONE NOT CLASSIFIED RURAL IMPACT 20,000

SUNLIGHT

176 E CHATHAM STREET SUITE 300
CARY,NC27511 		NONE NOT CLASSIFIED SEED GRANTS 45,000

SURE LLC

200 C EASTBROOK DR
GREENVILLE,NC27858 		NONE NOT CLASSIFIED RURAL IMPACT 15,000

THAT PITCH

1235 EAST BLVD SUITE E838
CHARLOTTE,NC28203 		NONE NOT CLASSIFIED SEED GRANTS 20,000

THE AFRICAN THINK TANK

25807 WESTHEIMER PARKWAY ST 310
KATY
HOUSTON,TX77494 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

THE BOOST PAD

933 LOIUSE AVE SHITE 101-F
CHARLOTTE,NC23204 		NONE NOT CLASSIFIED MINDSET GRANTS 9,915

THE FUTURE RICH AUNTIES

100 HAY STREET SUITE 702
FAYETTEVILLE,NC28301 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,500

THE NC FELLOWSHIP

1309 WIDMANN DRIVE
RALEIGH,NC27614 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

NARKIE NARTEY

100 WALTONS CREEK ROAD
MORRISVILLE,NC27560 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

THE WRIGHT VILLAGE

315 HUBERT ST STE2
RALEIGH,NC27603 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 25,000

THERALINQLLC

160 MINE LAKE CT SUITE 100 RALEIGH
NORTH CAROLINA 27615
RALEIGH,NC27615 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

TIE CAROLINAS

11010 LAKE GROVE BLVD
MORRISVILLE,NC27560 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

TINA BAILEY CONSULTING

129 BOOMER STREET
BENSON,NC27504 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

TRIAD LOCAL FIRST

1451 S ELM-EUGENE ST
GREENSBORO,NC27406 		NONE NOT CLASSIFIED ENGAGE GRANTS 3,500

V & CO COACHING & CONSULTING LLC

138 CEDAR HILLS CIRCLE
CHAPEL HILL,NC27514 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,415

TRIANGLE TECH NIGHT

509 W NORTH STREET
RALEIGH,NC27603 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,000

CENTRAL CAROLINA COMMUNITY COLLAGE

200 N HORNER BULEVARD
SANFORD,NC27330 		NONE NOT CLASSIFIED SEED GRANTS 20,000

TROODIE

5017 MAYBERRY LANE
WINSTONSALEM,NC27106 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

TRUSOLACE COUNSELING

4308 KITTY DR
CHARLOTTE,NC28216 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

TULSI CYBERSECURITY

4111 BRIARGROVE CIRCLE APT 207
RALEIGH,NC27607 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

UKRANIAN BAZAAR

5700 GLENPEAK WAY APARTMENT 225
RALEIGH,NC27612 		NONE NOT CLASSIFIED ENGAGE GRANTS 8,000

UNC PEMBROKE

ONE UNIVERSITY DR
PEMBROKE,NC28372 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

UNCW CIE

601 S COLLEGE RD
WILMINGTON,NC28405 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 25,000

VANCE GRANVILLE COMMUNITY COLLEGE

PO BOX 917
HENDERSON,NC27536 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,500

VARSITY BRIDGE LLC

101 SOUTHWICK CT CARY NORTH
CAROLINA 27513
CARY,NC27513 		NONE NOT CLASSIFIED MICRO GRANTS 2,500

VER COACHING

1025 MOMMOUTH AVE UNIT 3
DURHAM,NC27701 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

VERENOVO

300 8TH STEET BO BOC 207
WILKESBORO,NC28659 		NONE NOT CLASSIFIED RURAL IMPACT 20,000

VERENOVO

300 8TH STEET BO BOC 207
WILKESBORO,NC28659 		NONE NOT CLASSIFIED SEED GRANTS 30,000

VIBRA POWER

2321 BYRD ST
RALEIGH,NC27608 		NONE NOT CLASSIFIED MICRO GRANTS 7,500

VIRNIKA

136 E ROSEMARY ST
CHAPEL HILL,NC27514 		NONE NOT CLASSIFIED SEED GRANTS 42,502

VISION TO VENTURE

486 N PATTERSON AVENUE SUITE 248
WINSTONSALEM,NC27127 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

VOICIR LLC DBA CIRCUITSAYS

4652 BAKER RD
NASHVILLE,NC27856 		NONE NOT CLASSIFIED MICRO GRANTS 10,000

WAYNE CHARITABLE PARTNERSHIP

PO BOX 1107
GOLDSBORO,NC27533 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 30,000

WE POWER FOOD

500 VALLEY FORGE RD
HILLSBOROUGH,NC27278 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 30,000

WEBB SQUARED

120 MOSAIC BLVD
PITTSBORO,NC27312 		NONE NOT CLASSIFIED ENGAGE GRANTS 2,000

WEBB SQUARED

120 MOSAIC BLVD
PITTSBORO,NC27312 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 30,000

WEYEZE

1862 OLD FORT ROAD
GREENVILLE,NC27834 		NONE NOT CLASSIFIED SEED GRANTS 26,100

WHEELPRICE

1010 ALLEN ST CHARLOTTE NORTH
CAROLINA 28205
CHARLOTTE,NC28284 		NONE NOT CLASSIFIED SEED GRANTS 50,000

WILKES COUNTY COMMUNITY COLLEGE

PO BOX 120
WILKESBORO,NC28697 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

WINSTON STARTS

500 WEST FIFTH STREET SUITE 400
WINSTONSALEM,NC27101 		NONE NOT CLASSIFIED ECOSYSTEM GRANTS 30,000

WINSTON SALEM STATE UNIVERSITY FOUNDATION

420 MONTGOMERY ST
SAN FRANCISCO,CA94104 		NONE NOT CLASSIFIED ENGAGE GRANTS 5,000

XR TECHNOLOGIES

4122 POLLUCK WAY
CHARLOTTE,NC28209 		NONE NOT CLASSIFIED SEED GRANTS 30,000
Total .................................right arrow 3a 2,569,331
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 133,100  
4 Dividends and interest from securities ....     14 908,696  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		525990 2,061 18 1,862,348  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER PASS-THROUGH INCOME(LOSS) 		525990 16,681 14 333,425  
bOTHER MISCELLANEOUS REVENUE 900099     256,840  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 18,742 3,494,409 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,513,151
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1 REVENUES GENERATED TO OPERATE GRANT PROGRAMS
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
NC IDEA
 
Employer identification number

01-0702442
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
NC IDEA
  		Employer identification number
01-0702442
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
THE BOULE FOUNDATION
 
824 BURTON STREET SE
 
GRAND RAPIDS, MI49507

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
WELLS FARGO
 
333 MARKET STREET
 
SAN FRANCISCO, CA94105

$ 500,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
NC IDEA
  		Employer identification number

01-0702442
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
NC IDEA
  		Employer identification number

01-0702442
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
NC IDEA
EIN:
01-0702442
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 107,605 0 0 107,605

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 ExpenditureResponsibilityStmt
Name:
NC IDEA
EIN:
01-0702442
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
AKALAKA
  		3710 SHANNON ROAD UNIT 52272
DURHAM,NC27707 		2025-06-03 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
ARCLET
  		PO BOX 8142
ASHEVILLE,NC28804 		2025-05-28 50,000 SEED GRANTS 26,500 NO INTERIM AND FINAL REPORTS    
ATLANTIC FISH CO
  		2711 FOUNDERS DRIVE
RALEIGH,NC27607 		2024-12-09 50,000 SEED GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
ATLANTIC FISH CORPORATION
  		2711 FOUNDERS DRIVE
RALEIGH,NC27607 		2024-09-12 50,000 SEED GRANTS 20,000 NO INTERIM AND FINAL REPORTS    
AZOIA
  		3940 BRISTOL DR
CHARLOTTE,NC28208 		2025-06-08 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
BLOCKCHAIN POWER
  		2 DAVIS DR
RESEARCH TRIANGLE PARK,NC27709 		2024-06-04 10,000 MICRO GRANTS 2,500 NO UPON COMPLETION    
BLUSH COWORK
  		201 SHANNON OAK CIRCLE SUITE 102
CARY,NC27511 		2025-03-05 70,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
CAREHOME HEALTH
  		1010 NUTT ST
WILMINGTON,NC28401 		2025-05-12 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
CHARLOTTE REGIONAL BUSINESS ALLIANCE FOUNDATION
  		330S TRYON STREET
CHARLOTTE,NC28202 		2025-03-01 75,000 ECOSYSTEM GRANTS 35,000 NO INTERIM AND FINAL REPORTS    
CITRUS ONCOLOGY
  		512 ALDEBRAN CT
CARY,NC27519 		2025-06-16 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
CITY OF WILSON
  		PO BOX 10
WILSON,NC27893 		2025-10-01 100,000 ECOSYSTEM GRANTS 20,000 NO INTERIM AND FINAL REPORTS    
CLINAVARE
  		5527 OAKGATE DR
GREENSBORO,NC27405 		2025-05-07 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
COCO FRO
  		106 TURNER RIDGE CIR
DURHAM,NC27713 		2025-05-27 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
CYDOC CORP
  		7 COOLIDGE PLACE
DURHAM,NC27705 		2024-12-12 50,000 SEED GRANTS 37,500 NO INTERIM AND FINAL REPORTS    
FASHIVITY
  		100 N TRYON ST STE 170
CHARLOTTE,NC28202 		2024-12-02 50,000 SEED GRANTS 31,250 NO INTERIM AND FINAL REPORTS    
FIRST FLIGHT VENTURE CENTER
  		2 DAVIS DR PO BOX 13169
RESEARCH TRIANGLE PARK,NC27709 		2025-03-06 85,000 ECOSYSTEM GRANTS 63,360 NO INTERIM AND FINAL REPORTS    
FLEXIE
  		1300 SOUTH BLVD SUITE B-32
CHARLOTTE,NC28208 		2024-05-28 50,000 SEED GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
FOCUS CUBES
  		614 W MAIN ST APT 413
DURHAM,NC27701 		2025-05-12 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
FORWARD CITIES
  		411 W CHAPEL HILL STREET
DURHAM,NC27704 		2024-08-31 100,000 ECOSYSTEM GRANTS 60,000 NO INTERIM AND FINAL REPORTS    
GAMEFLO
  		222 BROADWAY
NEW YORK,NY10038 		2024-05-31 50,000 SEED GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
GROWMETIX
  		6425 BANNINGTON ROAD SUITE B
CHARLOTTE,NC28226 		2024-06-01 50,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
GWEN
  		672 IDEAL WAY
CHARLOTTE,NC28203 		2025-02-28 100,000 ECOSYSTEM GRANTS 40,000 NO INTERIM AND FINAL REPORTS    
HATCH AVL FOUNDATION
  		45S FRENCH BROAD
ASHEVILLE,NC28801 		2025-06-30 120,000 ECOSYSTEM GRANTS 40,000 NO INTERIM AND FINAL REPORTS    
HOPPY PLANET FOODS
  		5214 CHEDWORTH DRIVE
CHARLOTTE,NC28210 		2024-12-03 50,000 SEED GRANTS 45,000 NO INTERIM AND FINAL REPORTS    
HUSTLE
  		500 W 5TH STREEET SUITE 80027
WINSTONSALEM,NC27101 		2024-06-01 50,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
INDUSTRIAL COMMONS
  		647 HOPEWELL RD
MORGANTON,NC28655 		2024-11-01 100,000 ECOSYSTEM GRANTS 35,000 NO INTERIM AND FINAL REPORTS    
JUBILEAGUE
  		11035 GOLFLINKS DR 78505
CHARLOTTE,NC28270 		2025-05-12 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
KAHMINO
  		213 TEALIGHT LANE
CARY,NC27513 		2024-06-15 10,000 MICRO GRANTS 2,500 NO UPON COMPLETION    
KAHMINO
  		801 MORATRUCK DR
RALEIGH,NC27604 		2025-06-20 50,000 SEED GRANTS 22,600 NO INTERIM AND FINAL REPORTS    
AB COMMUNITY
  		1307 W KNOX STREET
DURHAM,NC27705 		2024-06-01 100,000 ENGAGE GRANTS 71,667 NO INTERIM AND FINAL REPORTS    
LINEAR-DETECTION
  		140 TOWERVIEW CT
CARY,NC27513 		2025-05-12 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
LIVING BETTER LIFE
  		301 S CHURCH ST STE 136 C
ROCKY MOUNT,NC27804 		2025-02-25 100,000 ECOSYSTEM GRANTS 35,000 NO INTERIM AND FINAL REPORTS    
LOCAL CATCH LLC
  		317 NOTTINGHAM LANE
WILMINGTON,NC28409 		2025-03-17 15,000 RURAL IMPACT 11,250 NO UPON COMPLETION    
LOCAL CATCH
  		317 NOTTINGHAM LANE
WILMINGTON,NC28409 		2025-03-17 15,000 RURAL IMPACT 3,750 NO UPON COMPLETION    
LOOM 3D
  		517 BASHFORD RD
RALEIGH,NC27606 		2024-05-16 10,000 MICRO GRANTS 2,500 NO UPON COMPLETION    
MARLA AMPLIFICATION
  		85 CONGRESS ST
ASHEVILLE,NC28801 		2025-05-27 50,000 SEED GRANTS 13,500 NO INTERIM AND FINAL REPORTS    
MESA
  		210 DELBURG STREET
DAVIDSON,NC28036 		2024-06-04 10,000 MICRO GRANTS 2,500 NO UPON COMPLETION    
MOUNTAIN BIZWORKS INC
  		153 S LEXINGTON AVE
ASHEVILLE,NC28801 		2025-02-26 50,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
ACADEMIC INSIGHT LAB
  		2806 BEDFORD GREEN DRIVE 108
RALEIGH,NC27604 		2024-06-08 50,000 SEED GRANTS 35,000 NO INTERIM AND FINAL REPORTS    
NC CENTRAL UNIVERSITY
  		1801 FAYETTEVILLE STREET
DURHAM,NC27707 		2025-06-01 50,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
NICELLE TECHNOLOGIES
  		3228 SHIRE LANE APT E
RALEIGH,NC27606 		2024-01-31 10,000 MICRO GRANTS 2,500 NO UPON COMPLETION    
NXTCLT
  		9319 ROBERT D SNYDER RD STE 403
CHARLOTTE,NC28223 		2024-06-01 50,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
ASHEVILLE AREA CHAMBER OF COMMERCE COMMUNITY BETTERMENT FOUNDATION
  		36 MONTFORD AVE
ASHEVILLE,NC28801 		2025-05-19 35,000 ECOSYSTEM GRANTS 20,000 NO INTERIM AND FINAL REPORTS    
OPTIMIST VENTURES
  		36 MONTFORD AVE
DURHAM,NC28801 		2025-05-19 35,000 ECOSYSTEM GRANTS 15,000 NO INTERIM AND FINAL REPORTS    
OSROSTRUM
  		236S MAIN ST
GRAHAM,NC27253 		2024-12-01 50,000 SEED GRANTS 35,000 NO INTERIM AND FINAL REPORTS    
OTTER READING
  		50 SAINT MARY AVENUE
CONCORD,NC28025 		2025-05-14 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
PITT COMMUNITY COLLEGE
  		PO DRAWE 7007
GREENVILLE,NC27835 		2025-02-25 30,000 ECOSYSTEM GRANTS 20,000 NO INTERIM AND FINAL REPORTS    
PROSPERA
  		145 C SCALEYBARK ROAD
CHARLOTTE,NC28209 		2025-04-01 130,000 ECOSYSTEM GRANTS 45,000 NO INTERIM AND FINAL REPORTS    
PROVIDENT 1898
  		116W PARRISH ST
DURHAM,NC27701 		2024-06-01 50,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
REDIRECTION CDC
  		204 E AIRLINGTON BLVD SUITE C
GREENVILLE,NC27858 		2025-03-03 90,000 ECOSYSTEM GRANTS 35,000 NO INTERIM AND FINAL REPORTS    
RIOT
  		509 W NORTH STREET
RALEIGH,NC27603 		2025-02-26 120,000 ECOSYSTEM GRANTS 40,000 NO INTERIM AND FINAL REPORTS    
SCALE SOCIAL
  		1309 WEIDMANN DRIVE
RALEIGH,NC27614 		2025-05-29 50,000 SEED GRANTS 35,000 NO INTERIM AND FINAL REPORTS    
BLACK GIRL MAGIC MARKET
  		89 DONATELLA WAY
ANGIER,NC27501 		2025-02-25 130,000 ECOSYSTEM GRANTS 65,000 NO INTERIM AND FINAL REPORTS    
SUNLIGHT
  		176 E CHATHAM STREET SUITE 300
CARY,NC27511 		2024-12-11 50,000 SEED GRANTS 45,000 NO INTERIM AND FINAL REPORTS    
THAT PITCH
  		1235 EAST BLVD SUITE E838
CHARLOTTE,NC28203 		2025-05-30 50,000 SEED GRANTS 20,000 NO INTERIM AND FINAL REPORTS    
THE BOOST PAD
  		2400 GREENLAND AVE-SUITE B
CHARLOTTE,NC28208 		2024-06-01 50,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
THE WRIGHT VILLAGE
  		315 HUBERT ST STE2
RALEIGH,NC27603 		2025-03-03 50,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
TROODIE
  		5017 MAYBERRY LANE
WINSTONSALEM,NC27106 		2025-06-20 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
TULSI CYBERSECURITY
  		4111 BRIARGROVE CIRCLE APT 207
RALEIGH,NC27607 		2025-05-14 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
UNCW CIE
  		601 S COLLEGE RD
WILMINGTON,NC28405 		2025-02-25 50,000 ECOSYSTEM GRANTS 25,000 NO INTERIM AND FINAL REPORTS    
VER COACHING
  		1025 MOMMOUTH AVE UNIT 3
DURHAM,NC27701 		2025-06-08 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
VERENOVO
  		300 8TH STEET BO BOC 207
WILKESBORO,NC28659 		2025-05-27 50,000 SEED GRANTS 30,000 NO INTERIM AND FINAL REPORTS    
VIBRA POWER
  		2321 BYRD ST
RALEIGH,NC27608 		2025-05-14 10,000 MICRO GRANTS 7,500 NO UPON COMPLETION    
VIRNIKA
  		136 E ROSEMARY ST
CHAPEL HILL,NC27514 		2024-12-18 50,000 SEED GRANTS 42,502 NO INTERIM AND FINAL REPORTS    
WAYNE CHARITABLE PARTNERSHIP
  		PO BOX 1107
GOLDSBORO,NC27533 		2025-03-06 75,000 ECOSYSTEM GRANTS 30,000 NO INTERIM AND FINAL REPORTS    
WE POWER FOOD
  		500 VALLEY FORGE RD
HILLSBOROUGH,NC27278 		2025-02-28 75,000 ECOSYSTEM GRANTS 30,000 NO INTERIM AND FINAL REPORTS    
WEBB SQUARED
  		120 MOSAIC BLVD
PITTSBORO,NC27312 		2025-02-26 75,000 ECOSYSTEM GRANTS 30,000 NO INTERIM AND FINAL REPORTS    
WEYEZE
  		1862 OLD FORT ROAD
GREENVILLE,NC27834 		2025-01-15 50,000 SEED GRANTS 26,100 NO INTERIM AND FINAL REPORTS    
WINSTON STARTS
  		500 WST FIFTH STREET SUITE 400
WINSTONSALEM,NC27101 		2025-02-28 75,000 ECOSYSTEM GRANTS 30,000 NO INTERIM AND FINAL REPORTS    
XR TECHNOLOGIES
  		4122 POLLUCK WAY
CHARLOTTE,NC28209 		2024-06-11 50,000 SEED GRANTS 30,000 NO INTERIM AND FINAL REPORTS    

TY 2024 InvestmentsOtherSchedule2
Name:
NC IDEA
EIN:
01-0702442
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
IDEA FUND II, LP FMV 9,857,687 9,857,687
IDEA FUND III, LP FMV 2,345,093 2,345,093
PIEDMONT VENTURE PSHIP I FMV 1 1
PIEDMONT VENTURE PSHIP II FMV 1 1
INVESTMENTS - SEED FUND FMV 2 2
THE TIFF KEYSTONE FUND, LP FMV 14,406,880 14,406,880
457B PORTFOLIO FMV 142,793 142,793
MUTUAL FUNDS - EQUITIES FMV 19,332,955 19,332,955
MUTUAL FUNDS - FIXED INCOME FMV 3,506,859 3,506,859
AG TECHIVENTURES, LLC FMV 19,444 19,444

TY 2024 OtherAssetsSchedule
Name:
NC IDEA
EIN:
01-0702442
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS 8,000 42,500 42,500
LICENSES (NET OF AMORTIZATION) 367,574 363,740 363,740
OPERATING LEASE (NET OF AMORTIZATION) 231,735 133,450 133,450
PROCEEDS RECEIVABLE - JOYSTICK 100,000 0 0
INTANGIBLE ASSETS 16,383 114,535 114,535


TY 2024 OtherExpensesSchedule
Name:
NC IDEA
EIN:
01-0702442
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
WORKERS COMP INSURANCE 3,722 0 0 3,722
TRAINING 10,676 0 0 10,676
PAYROLL FEES 18,319 0 0 18,319
OTHER SERVICES 25,899 0 0 25,899
OPERATING LEASE 99,738 0 0 99,738
OFFICE SUPPLIES 45,395 0 0 45,395
MISCELLANEOUS EXPENSE 13,030 0 0 13,030
MEETINGS AND SEMINARS 154,866 0 0 154,866
MEALS & ENTERTAINMENT, GIFTS 16,215 0 0 16,215
MARKETING & ADVERTISING 23,771 0 0 23,771
INSURANCE 6,719 0 0 6,719
DUES AND SUBSCRIPTIONS 52,883 0 0 52,883
DEPRECIATION & AMORTIZATION 5,187 0 0 0


TY 2024 OtherIncomeSchedule2
Name:
NC IDEA
EIN:
01-0702442
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER PASS-THROUGH INCOME(LOSS) 350,106   350,106
OTHER MISCELLANEOUS REVENUE 256,840   256,840


TY 2024 OtherIncreasesSchedule
Name:
NC IDEA
EIN:
01-0702442
Description Amount
UNREALIZED GAIN(LOSS) 1,620,540


TY 2024 OtherLiabilitiesSchedule
Name:
NC IDEA
EIN:
01-0702442
Description Beginning of Year - Book Value End of Year - Book Value
OPERATING LEASE LIABILITY 239,219 139,221
DEFERRED EXCISE TAX LIABILITY 317,480 365,264


TY 2024 OtherProfessionalFeesSchedule
Name:
NC IDEA
EIN:
01-0702442
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING FEES 299,161 0 0 299,161
MONEY MANAGER FEE 293,976 293,976 0 0


TY 2024 TaxesSchedule
Name:
NC IDEA
EIN:
01-0702442
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES AND LICENSES 116,172 0 0 116,172
EXCISE TAXES 81,164 0 0 0
DEFERRED EXCISE TAX EXPENSE 47,784 0 0 0