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Rcc Foundation is a private corporation based in GREENSBORO, NC. The foundation received its IRS ruling in 1998. The principal officer is Kenneth J Shahbaz. It holds total assets of $335K. Annual income is reported at $40K. Total assets have grown from $151K in 2011 to $335K in 2023. The foundation is governed by 5 officers and trustees. Episcopal parish general. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in North Carolina and South Carolina. According to available records, Rcc Foundation has made 16 grants totaling $85K, with a median grant of $800. Annual giving has decreased from $38K in 2020 to $20K in 2024. Individual grants have ranged from $100 to $25K, with an average award of $5K. The foundation has supported 13 unique organizations. Grants have been distributed to organizations in North Carolina and South Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$4K
Largest Grant
$10K
Based on 5 grants from the most recent 990-PF filing.
Saint james parrish
Expenses: $25K
Ymca wilmington nc
Expenses: $10K
Cameron art museum
Expenses: $2K
Lower cap fear hospic wilmington syspony salvation army cape fear academy new community school coastal land trust
Expenses: $2K
Episcopal parish general. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NC, SC.
Rcc Foundation has distributed a total of $85K across 16 grants. The median grant size is $800, with an average of $5K. Individual grants have ranged from $100 to $25K.
Rcc Foundation typically selects its grantees rather than accepting unsolicited proposals.
Rcc Foundation is headquartered in GREENSBORO, NC. While based in NC, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ken Shahbaz | ASST TREASUR | $0 | $0 | N/A |
| Nelson Macrae | DIRECTOR | $0 | $0 | N/A |
| Rachel C Camp | PREIDENT | $0 | $0 | N/A |
| Rachel Macrae Gray | DIRECTOR SEC | $0 | $0 | N/A |
| Hugh Macrae Iii | TREASUER | $0 | $0 | N/A |
Total Giving
$20K
Total Assets
$335K
Fair Market Value
$347K
Net Worth
$335K
Grants Paid
$20K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
N/A
Total Grants
16
Total Giving
$85K
Average Grant
$5K
Median Grant
$800
Unique Recipients
13
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL | Wilimington, NC | $400 | 2020 |
| Coastal Land TrustGENERAL | Wilmington, NC | $300 | 2020 |
| St James ParishGENERAL | Wilmington, NC | $20K | 2024 |
| Ymca Of WilimingtonGENERAL | Wilmington, NC | $10K | 2022 |
| Cameron Art MuseumGENERAL | Wilmington, NC | $1K | 2022 |
| Converse CollegeGENERAL | Spartanbugy, SC | $600 | 2022 |
| Figure Eight Island ChurchGENERAL | Wilmington, NC | $100 | 2022 |
| Saint James ParrishGENERAL | Wilmington, NC | $5K | 2021 |
| YmcaGENERAL | Wilmington, NC | $10K | 2020 |
| Cape Fear AcademyGENERAL | Wilmington, NC | $500 | 2020 |
| Wilmington SymponyGENERAL | Wimington, NC | $200 | 2020 |
| New Community SchoolGENERAL | Wilimington, NC | $200 | 2020 |
| Lower Cape Fear HospiceGENERAL | Wilmington, NC | $200 | 2020 |