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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 is governed by 11 officers and trustees. The foundation operates in the area of science & technology. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. 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.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$1K
Median Grant
$8K
Average Grant
$17K
Largest Grant
$75K
Based on 207 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.
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.
For information about applying for grants from Nc Idea, visit their official website. Many private foundations accept unsolicited proposals or have specific application windows.
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 |
| Peyton Anderson | BOARD CHAIR | $0 | $0 | N/A |
| Sonja Ebron | DIRECTOR | $0 | $0 | N/A |
| Jerry Edwards Iii | DIRECTOR | $0 | $0 | N/A |
| Spencer Disher | DIRECTOR | $0 | $0 | N/A |
| Greg Brown | DIRECTOR | $0 | $0 | N/A |
| Dr Garrett Hinshaw | DIRECTOR | $0 | $0 | N/A |
| Luke Walling | DIRECTOR | $0 | $0 | N/A |
| Linda Hall | TREASURER | $0 | $0 | N/A |
| Patti Gillenwater | DIRECTOR | $0 | $0 | N/A |
| Stelfanie Williams | SECRETARY | $0 | $0 | N/A |
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: N/A
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 |
|---|---|---|---|
| BatteryxchangeECOSYSTEM GRANTS | Huntersville, NC | $75K | 2022 |
| Davos CorporationECOSYSTEM GRANTS | Durham, NC | $75K | 2022 |
| Renaissance Fiber LlcECOSYSTEM GRANTS | Winstonsalem, NC | $75K | 2022 |
| Smart Girls HqECOSYSTEM GRANTS | Charlotte, NC | $75K | 2022 |
| Courtroom5ECOSYSTEM GRANTS | Durham, NC | $75K | 2022 |
| Code The DreamECOSYSTEM GRANTS | Durham, NC | $70K | 2022 |
| Loanwell IncECOSYSTEM GRANTS | Durham, NC | $68K | 2022 |
| Freeman CapitalECOSYSTEM GRANTS | Charlotte, NC | $68K | 2022 |
| Natural Capital Investment FundECOSYSTEM GRANTS | Charles Town, WV | $60K | 2022 |
| RlotECOSYSTEM GRANTS | Wake Forest, NC | $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 |
| ResolvexSEED GRANTS | Morrisville, NC | $50K | 2022 |
| Flux Hybrids IncSEED GRANTS | Troutman, NC | $50K | 2022 |
| Hustle Winston-SalemECOSYSTEM GRANTS | Winstonsalem, NC | $50K | 2022 |
| Snap Pic Fix LlcSEED GRANTS | Durham, NC | $50K | 2022 |
| Sani Sisters IncSEED GRANTS | Fayetteville, NC | $50K | 2022 |
| Without A Trace FoodsSEED GRANTS | Raleigh, NC | $50K | 2022 |
| Clinispan Health IncSEED GRANTS | Charlotte, NC | $50K | 2022 |
| Piedmont PenniesSEED GRANTS | Charlotte, NC | $50K | 2022 |
| Access Center For Equity SuccessECOSYSTEM GRANTS | Winstonsalem, NC | $50K | 2022 |
| Communities In PartnershipECOSYSTEM GRANTS | Durham, NC | $50K | 2022 |
| Network For Entrepreneurs In WilmingtonECOSYSTEM GRANTS | Wake Forest, NC | $45K | 2022 |
| Beam Dynamics LlcSEED GRANTS | Winstonsalem, NC | $45K | 2022 |
| Unc Wilmington Center For Innovation And EntrepreneurshipECOSYSTEM GRANTS | Wilmington, NC | $45K | 2022 |