College Foundation Inc.

Mission

Our work today makes a better tomorrow by empowering people to achieve their academic goals. At June 30, 2024, the Foundation was servicing a loan portfolio valued at $147,984,435 and administering North Carolina's National College Savings Program with a portfolio valued at $3,646,813,222. During the tax year ended June 30, 2024, students used the CFNC.org website to submit 359,921 applications to NC colleges, 312,205 students used the Residency Determination Service, and the Foundation disbursed $228,284,965 in state grants.

RALEIGH NC | EIN: 56-6046937

Is this your nonprofit?

501(c)(3) organization

2917 HIGHWOODS BLVD,
RALEIGH NC 27604-1004

https://www.cfnc.org

919-834-2893

College Foundation Inc.

Mission

RALEIGH NC | EIN: 56-6046937

Is this your nonprofit?

501(c)(3) organization

2917 HIGHWOODS BLVD,
RALEIGH NC 27604-1004

https://www.cfnc.org

919-834-2893

Beacon Report

Great
Good
Needs Improvement
Poor
Not Scored
Additional Information

Website Reported on Tax Form:Yes

SCORE100%

No Material Diversion of Assets:Yes

SCORE100%

Financial Statements:Yes

SCORE100%

Records Retention Policy:Yes

SCORE100%

Tax Form Disclosed on Website:No

SCORE0%

Accountability Panel
Score	Metric
100%	Website Reported on Tax Form:Yes
100%	No Material Diversion of Assets:Yes
100%	Financial Statements:Yes
100%	Records Retention Policy:Yes
0%	Tax Form Disclosed on Website:No

Science behind the numbers

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Mission

Mission

Beacon Report