IRS 990 Nonprofit Profile
College Foundation INC
Our work today makes a better tomorrow by empowering people to achieve their academic goals. at june 30, 2025, the foundation was servicing a loan portfolio valued at $167,630,987 and administering north carolina's national college savings program with a portfolio valued at $4,035,246,211. during the tax year ended june 30, 2025, students used the cfnc.Org website to submit 402,370 applications to nc colleges, 337,268 students used the residency determination service, and the foundation disbursed $292,487,646 in state grants.
- Filing year
- 2024
- Total revenue
- $31.7M
- Total expenses
- $32.1M
- Program expenses
- $29.7M
- Administration
- $2.4M
- Fundraising
- $0
- Program share of expenses
- 93%
- EIN
- 566046937
- Location
- Raleigh, NC
About CharitySense
CharitySense provides live, independent intelligence from the charitable infrastructure you fund — hospitals, schools, orphanages, and clinics anywhere in the world.
See live projects or read our insights on nonprofit accountability.
Financial data on this page is sourced from IRS Form 990 filings.