College Foundation Inc.

Mission

Our work today makes a better tomorrow by empowering people to achieve their academic goals. At June 30, 2025, the Foundation was servicing a loan portfolio valued at $167,630,987 and administering North Carolina's National College Savings Program with a portfolio valued at $4,035,246,211. During the tax year ended June 30, 2025, students used the CFNC.org website to submit 402,370 applications to NC colleges, 337,268 students used the Residency Determination Service, and the Foundation disbursed $292,487,646 in state grants.

RALEIGH NC | EIN: 56-6046937
501(c)(3) organization

College Foundation Inc.

Mission

Our work today makes a better tomorrow by empowering people to achieve their academic goals. At June 30, 2025, the Foundation was servicing a loan portfolio valued at $167,630,987 and administering North Carolina's National College Savings Program with a portfolio valued at $4,035,246,211. During the tax year ended June 30, 2025, students used the CFNC.org website to submit 402,370 applications to NC colleges, 337,268 students used the Residency Determination Service, and the Foundation disbursed $292,487,646 in state grants.

RALEIGH NC | EIN: 56-6046937
501(c)(3) organization

Beacon Report

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  • Additional Information
Website Reported on Tax Form:Yes
SCORE100%

Disclosing the charity’s website promotes transparency and provides access to the public.

Source: Public data from IRS Form 990. Fiscal Year 2025.

Accountability Panel
ScoreMetric
100%
Website Reported on Tax Form:Yes

Disclosing the charity’s website promotes transparency and provides access to the public.

Source: Public data from IRS Form 990. Fiscal Year 2025.

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