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Education : Scholarship and Financial Support

North Carolina Agricultural Foundation

Public Charity supporting the College of Agriculture and Life Sciences at North Carolina State University

four stars

94.77

Campus Box 7645 North Carolina State University
Raleigh, NC 27695
tel: (919) 515-2000   Web Site
EIN: 56-6049304

Board Leadership
Albert Corbett
Chairman

CEO
Keith Oakley
President

  Score
(out of 100)
Rating
Overall Score & Rating 94.77 four stars
  Financial 97.62 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 08/01/2017 and includes data from FY2016, the most recent 990 received at that time.

The North Carolina Agricultural Foundation (NCAF) was founded in 1944 as a means of supporting agricultural research, extension, and teaching activities in the College of Agriculture and Life Sciences at North Carolina State University. NCAF works to aid and promote, by financial assistance and otherwise, all types of education and research in agriculture at or through NC State University.

The North Carolina Agricultural Foundation (NCAF) was founded in 1944 as a means of supporting agricultural research, extension, and teaching activities in the College of Agriculture and Life Sciences at North Carolina State University. NCAF works to aid and promote, by financial assistance and otherwise, all types of education and research in agriculture at or through NC State University.

Results Information

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Financial

four stars

97.62

Accountability & Transparency

four stars

93.00

This rating was published 08/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.7%
  Administrative Expenses 2.6%
  Fundraising Expenses 6.6%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 5.45
  Program Expenses Growth 7.6%
  Liabilities to Assets 3.1%
All data for Financial Performance Metrics calculations was provided by North Carolina Agricultural Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by North Carolina Agricultural Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
North Carolina Agricultural Foundation (NC) 94.77 four stars
Hispanic Scholarship Fund (CA) 91.78 four stars
Folds of Honor (OK) 88.29 three stars
The College Crusade of Rhode Island (RI) 90.85 four stars
Student Sponsor Partners (NY) 91.16 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $16,206,927
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $211,545
   Related Organizations $0
   Government Grants $0
Total Contributions $16,418,472
   Program Service Revenue $1,354,645
Total Primary Revenue $17,773,117
   Other Revenue $712,132
TOTAL REVENUE $18,485,249
   
EXPENSES  
   Program Expenses $13,910,693
   Administrative Expenses $380,862
   Fundraising Expenses $427,240
TOTAL FUNCTIONAL EXPENSES $14,718,795
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,766,454
   
Net Assets $154,065,502

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
North Carolina Agricultural Foundation has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 08/01/2017 94.77 four stars
2015-06 07/01/2016 96.12 four stars
2014-06 06/01/2016 91.11 four stars
 
CN 2.0
2014-06 09/01/2015 85.39 three stars
2013-06 06/01/2014 94.32 four stars
2012-06 07/01/2013 90.13 four stars
2011-06 05/01/2012 91.26 four stars
2010-06 10/01/2011 88.57 three stars
2009-06 09/20/2011 90.08 four stars
 
CN 1.0
2009-06 11/01/2010 99.10 four stars
2008-06 10/01/2009 99.35 four stars
2007-06 03/01/2009 93.73 four stars
2006-06 06/01/2007 94.84 four stars
2005-06 06/01/2006 89.23 three stars
2004-06 07/01/2005 84.76 three stars
2003-06 08/01/2004 87.65 three stars
2002-06 09/01/2003 99.65 four stars
2001-06 04/15/2003 99.75 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-6049304
Name in IRS Master File NORTH CAROLINA AGRICULTURAL FOUNDATION INC
NTEE Code E11
NTEE Classification Single Organization Support
NTEE Type Health - General and Rehabilitative
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which operates for benefit of college or university and is owned or operated by a governmental unit 170(b)(1)(A)(iv)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date March, 1946
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
  • June, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title Compensation from Affiliates
Not compensated -- Keith Oakley President $190,638

Highly Rated

Charity Name & State Overall Score Overall Rating
North Carolina Agricultural Foundation (NC) 94.77 four stars
American Indian Services (UT) 88.04 three stars
Thurgood Marshall College Fund (DC) 94.69 four stars
Asian & Pacific Islander American Scholarship Fund (DC) 93.69 four stars
Scholarship America (MN) 90.26 four stars

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Charity Contact Info

North Carolina Agricultural Foundation
Campus Box 7645
North Carolina State University
Raleigh, NC 27695
tel: (919) 515-2000
fax: (919) 515-5274
EIN: 56-6049304

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Board Leadership

Albert Corbett
Chairman

CEO

Keith Oakley
President

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