Nonprofit · EIN 31-1607634
NC STATE INVESTMENT FUND INC
Tax-exempt · RALEIGH, NC 27695
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $304,333,028 | $95,312,089 | $209,020,939 | $2,510,907,202 | $752,173 | $2,510,155,029 |
| June 30, 2024 | 990 | $147,809,744 | $81,467,353 | $66,342,391 | $2,177,135,434 | $712,745 | $2,176,422,689 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $192,799,843
- Investment income
- $111,533,185
- Net gain from sales of assets
- $81,401,320
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,088,664
- Program services (functional)
- $84,876,048
- Management and general (functional)
- $10,436,041
Balance sheet and other
- Total assets, start of year
- $2,177,135,434
- Total assets, end of year
- $2,510,907,202
- Total liabilities, end of year
- $752,173
- Net assets, end of year
- $2,510,155,029
- Publicly traded securities
- $791,475,923
- Gross unrelated business income
- -$544,584
- Gross receipts
- $1,257,204,393
- Employees
- 0
- Volunteers
- 12
- Year formed
- 1998
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| W RANDOLPH WOODSON | CHANCELLOR Trustee or director, Officer | 1 | $0 | $1,082,490 | $94,414 |
| BRIAN SISCHO | VICE CHANCELLOR Trustee or director, Officer | 1 | $0 | $894,059 | $56,706 |
| CHARLES MAIMONE | TREASURER Trustee or director, Officer | 1 | $0 | $426,300 | $112,636 |
| FRANK BUCKLESS | DIRECTOR Trustee or director | 1 | $0 | $417,933 | $63,062 |
| DANA HARRIS | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $290,290 | $79,282 |
| ERIN DELEHANTY | SECRETARY Trustee or director, Officer | 1 | $0 | $193,638 | $55,581 |
| DERICK CLOSE | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MIKE LAWRENCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| HANS WARREN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTINE HOLMES | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PAULA WOODALL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ANDREA DUHON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BILL TRENT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BLAS ARROYO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WES COVELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHARLES COLLINS | DIRECTOR Trustee or director | 1 | $0 |
| ELIZABETH COOLEY | DIRECTOR Trustee or director | 1 | $0 |
| NANCY WEBSTER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| W RANDOLPH WOODSON | CHANCELLOR Trustee or director, Officer | 1 | $0 | $972,165 | $87,959 |
| BRIAN SISCHO | VICE CHANCELLOR Trustee or director, Officer | 1 | $0 | $621,677 | $52,973 |
| CHARLES MAIMONE | TREASURER Trustee or director, Officer | 1 | $0 | $391,092 | $103,968 |
| FRANK BUCKLESS | DIRECTOR Trustee or director | 1 | $0 | $378,732 | $59,990 |
| DANA HARRIS | ASSISTANT TREASURER Trustee or director, Officer | 1 | $0 | $279,586 | $76,575 |
| ERIN DELEHANTY | SECRETARY Trustee or director, Officer | 1 | $0 | $188,285 | $53,735 |
| ALEX WALLACE | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ROBERT NEWELL | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEFF BROCK | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TY HUGGINS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| NAN STRADER | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| RANDY DISHMON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ROBERT NELSON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| CRAIG DEMKO | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JEFF SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DERICK CLOSE | MB CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- NCSU BOX 7207, RALEIGH, NC 27695-7207
- In care of
- % JILL TASAICO
- Principal officer (990 for 2024)
- DANA R HARRIS, NCSU BOX 7207, RALEIGH, NC 276957207
- Signed the 990
- DANA R HARRIS, ASST TREASURER
- Phone
- (919) 513-7149
- Return prepared by
- JAMES MOORE & CO PL
Mission
THE ORGANIZATION SUPPORTS NORTH CAROLINA STATE UNIVERSITY BY OPERATING AN INVESTMENT FUND.
Program accomplishments
- THE ORGANIZATION INVESTS FUNDS OF THE NORTH CAROLINA STATE UNIVERSITY ENDOWMENT FUND AND OTHER UNIVERSITY-RELATED ENTITIES.Expenses $84,876,048 · revenue $192,799,843
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1607634
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B110)
- Assets (IRS master file)
- $2,510,907,202
- Income (IRS master file)
- $1,257,204,393
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $304,333,028 | $95,312,089 | $2,510,907,202 | XML |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $147,809,744 | $81,467,353 | $2,177,135,434 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $192,914,509 | $79,542,174 | $1,982,712,995 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 31-1607634).
Questions about NC STATE INVESTMENT FUND INC
- What is the EIN of NC STATE INVESTMENT FUND INC?
- The employer identification number (EIN) of NC STATE INVESTMENT FUND INC is 31-1607634.
- Is NC STATE INVESTMENT FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to NC STATE INVESTMENT FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does NC STATE INVESTMENT FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NC STATE INVESTMENT FUND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NC STATE INVESTMENT FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NC STATE INVESTMENT FUND INC?
- The 990 for the year ended June 30, 2025 names DANA R HARRIS.
- Who are the officers and directors of NC STATE INVESTMENT FUND INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does NC STATE INVESTMENT FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $304,333,028, expenses of $95,312,089 and total assets of $2,510,907,202 at year end.
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