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Nc Idea is a private corporation based in DURHAM, NC. The foundation received its IRS ruling in 2002. The principal officer is % Ben Redding. It holds total assets of $51.5M. Annual income is reported at $2.3M. The foundation operates in the area of science & technology. According to available records, Nc Idea has made 581 grants totaling $10.1M, with a median grant of $10K. Annual giving has grown from $3M in 2021 to $7.1M in 2022. Individual grants have ranged from $400 to $100K, with an average award of $17K. The foundation has supported 288 unique organizations. The foundation primarily supports organizations in North Carolina, West Virginia, Illinois, which account for 97% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Nc Idea primarily funds organizations in the area of science & technology. Based on available records, the foundation has funded 581 grants. Its grantmaking reaches organizations primarily in NC, WV, IL.
Nc Idea has distributed a total of $10.1M across 581 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $400 to $100K.
Nc Idea is a private foundation. To inquire about grants, you can look up the foundation using their EIN (010702442) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Nc Idea is headquartered in DURHAM, NC. While based in NC, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Thomas R Ruhe | CEO | $406K | $28K | $433K |
| Jerry Edwards Iii | DIRECTOR | $0 | $0 | $0 |
| Spencer Disher | DIRECTOR | $0 | $0 | $0 |
| Greg Brown | DIRECTOR | $0 | $0 | $0 |
| Dr Garrett Hinshaw | DIRECTOR | $0 | $0 | $0 |
Total Giving
$6.3M
Total Assets
$52.9M
Fair Market Value
$52.9M
Net Worth
$51.9M
Grants Paid
$3.5M
Contributions
$126K
Net Investment Income
$2.8M
Distribution Amount
$2.6M
Total: $0
Total Grants
581
Total Giving
$10.1M
Average Grant
$17K
Median Grant
$10K
Unique Recipients
288
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Warrior MomsECOSYSTEM GRANTS | Chandler, NC | $25K | 2022 |
| BatteryxchangeECOSYSTEM GRANTS | Huntersville, NC | $75K | 2022 |
| Smart Girls HqECOSYSTEM GRANTS | Charlotte, NC | $75K | 2022 |
| Courtroom5ECOSYSTEM GRANTS | Durham, NC | $75K | 2022 |
| Renaissance Fiber LlcECOSYSTEM GRANTS | Winstonsalem, NC | $75K |
| Stelfanie Williams |
| SECRETARY |
| $0 |
| $0 |
| $0 |
| Luke Walling | DIRECTOR | $0 | $0 | $0 |
| Linda Hall | TREASURER | $0 | $0 | $0 |
| Patti Gillenwater | DIRECTOR | $0 | $0 | $0 |
| Peyton Anderson | BOARD CHAIR | $0 | $0 | $0 |
| Sonja Ebron | DIRECTOR | $0 | $0 | $0 |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| Davos CorporationECOSYSTEM GRANTS | Durham, NC | $75K | 2022 |
| Code The DreamECOSYSTEM GRANTS | Durham, NC | $70K | 2022 |
| Freeman CapitalECOSYSTEM GRANTS | Charlotte, NC | $68K | 2022 |
| Loanwell IncECOSYSTEM GRANTS | Durham, NC | $68K | 2022 |
| RlotECOSYSTEM GRANTS | Wake Forest, NC | $60K | 2022 |
| Natural Capital Investment FundECOSYSTEM GRANTS | Charles Town, WV | $60K | 2022 |
| Mountain Bizcapital Inc Dba Mountain BizworksECOSYSTEM GRANTS | Asheville, NC | $55K | 2022 |
| Crisp Small Business Resource Center At East Carolina UniversityECOSYSTEM GRANTS | Greenville, NC | $51K | 2022 |
| Piedmont PenniesSEED GRANTS | Charlotte, NC | $50K | 2022 |
| Snap Pic Fix LlcSEED GRANTS | Durham, NC | $50K | 2022 |
| Sani Sisters IncSEED GRANTS | Fayetteville, NC | $50K | 2022 |
| Clinispan Health IncSEED GRANTS | Charlotte, NC | $50K | 2022 |
| Without A Trace FoodsSEED GRANTS | Raleigh, NC | $50K | 2022 |
| ResolvexSEED GRANTS | Morrisville, NC | $50K | 2022 |
| Access Center For Equity SuccessECOSYSTEM GRANTS | Winstonsalem, NC | $50K | 2022 |
| Hustle Winston-SalemECOSYSTEM GRANTS | Winstonsalem, NC | $50K | 2022 |
| Flux Hybrids IncSEED GRANTS | Troutman, NC | $50K | 2022 |
| Communities In PartnershipECOSYSTEM GRANTS | Durham, NC | $50K | 2022 |
| Unc Wilmington Center For Innovation And EntrepreneurshipECOSYSTEM GRANTS | Wilmington, NC | $45K | 2022 |
| Network For Entrepreneurs In WilmingtonECOSYSTEM GRANTS | Wake Forest, NC | $45K | 2022 |
| Beam Dynamics LlcSEED GRANTS | Winstonsalem, NC | $45K | 2022 |
| Shemekka Ebony Llc Dba Black Girl Magic MarketECOSYSTEM GRANTS | Angier, NC | $45K | 2022 |
| Acta Solutions LlcSEED GRANTS | Chapel Hill, NC | $41K | 2022 |
| North Carolina Central UniversityECOSYSTEM GRANTS | Durham, NC | $40K | 2022 |
| Green Solutions Group LlcSEED GRANTS | Salisbury, NC | $40K | 2022 |
| University Of North Carolina At CharlotteECOSYSTEM GRANTS | Charlotte, NC | $40K | 2022 |
| Maurer'S Minute MechanicSEED GRANTS | Winterville, NC | $38K | 2022 |
| Winston StartsECOSYSTEM GRANTS | Winston Salem, NC | $38K | 2022 |
| Sg Atkins Community CorpECOSYSTEM GRANTS | Winstonsalem, NC | $38K | 2022 |
| Network For Entrepreneurs In Wilmingtonsummer 2021ECOSYSTEM GRANTS | Wake Forest, NC | $37K | 2022 |
| Startup High CountryECOSYSTEM GRANTS | Boone, NC | $35K | 2022 |
| Provident1898ECOSYSTEM GRANTS | Durham, NC | $34K | 2022 |
| VentureasheboroECOSYSTEM GRANTS | Asheboro, NC | $33K | 2022 |
| Cabarrus Economic DevelopmentECOSYSTEM GRANTS | Concord, NC | $30K | 2022 |
| Campbell UniversityECOSYSTEM GRANTS | Buies Creek, NC | $30K | 2022 |
| Sankofa FarmsECOSYSTEM GRANTS | Durham, NC | $30K | 2022 |
| Active DefenderSEED GRANTS | Carthage, NC | $30K | 2022 |
| Nurtured NestSEED GRANTS | Holly Springs, NC | $26K | 2022 |
| Stemz IncSEED GRANTS | Winstonsalem, NC | $26K | 2022 |
| Botanical BonesSEED GRANTS | Asheville, NC | $25K | 2022 |
| Kenan-Flagler Business School FoundationENGAGE GRANTS | Chapel Hill, NC | $25K | 2022 |
| ProsperaECOSYSTEM GRANTS | Charlotte, NC | $25K | 2022 |
| Dare Vegan CheeseSEED GRANTS | Asheville, NC | $25K | 2022 |
| First Flight Venture CenterECOSYSTEM GRANTS | Research Triangle Park, NC | $25K | 2022 |
| Boundless ImpactECOSYSTEM GRANTS | Greensboro, NC | $25K | 2022 |
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