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C3 Foundation Inc. is a private corporation based in RALEIGH, NC. The foundation received its IRS ruling in 2009. The principal officer is Ven Poole. It holds total assets of $6.3M. Annual income is reported at $4.1M. Total assets have grown from $1.4M in 2011 to $6.3M in 2024. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2024. Grantmaking is concentrated in North Carolina. According to available records, C3 Foundation Inc. has made 18 grants totaling $3.4M, with a median grant of $200K. Annual giving has grown from $1.5M in 2022 to $1.9M in 2023. Individual grants have ranged from $7K to $1M, with an average award of $186K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in North Carolina and Rhode Island. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$50K
Average Grant
$67K
Largest Grant
$200K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
C3 Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in NC, RI.
C3 Foundation Inc. has distributed a total of $3.4M across 18 grants. The median grant size is $200K, with an average of $186K. Individual grants have ranged from $7K to $1M.
C3 Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
C3 Foundation Inc. is headquartered in RALEIGH, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lisa R Poole | PRESIDENT | $0 | $0 | N/A |
| Lonnie C Poole Iii | VICE PRESIDENT | $0 | $0 | N/A |
| Nancy Hall | TRUSTEE | $0 | $0 | N/A |
| Chelsea Poole | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$6.3M
Fair Market Value
N/A
Net Worth
$6.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
18
Total Giving
$3.4M
Average Grant
$186K
Median Grant
$200K
Unique Recipients
8
Most Common Grant
$200K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Meredith CollegeCHARITABLE | Raleigh, NC | $1M | 2023 |
| Veterans Life CenterCHARITABLE | Butner, NC | $300K | 2023 |
| St David'S SchoolCHARITABLE | Raleigh, NC | $250K | 2023 |
| North Carolina ZooCHARITABLE | Asheboro, NC | $200K | 2023 |
| Spectrum Theatre EnsembleCHARITABLE | Providence, RI | $65K | 2023 |
| YmcaCHARITABLE | Raleigh, NC | $25K | 2023 |
| Oi Pejeta ConservancyCHARITABLE | Nanyuki | $15K | 2023 |
| Redbud Writing ProjectCHARITABLE | Raleigh, NC | $8K | 2023 |