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Nonprofit · EIN 56-0890420

CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC

Tax-exempt · CHARLOTTE, NC 28235

Financials

$19.1M$9.3M2022$26.7M$16.8M2023$12.3M$10.7M2024
Revenue Expenses · by fiscal year end
Financials of CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$12,322,909$10,697,623$1,625,286$106,776,959$1,367,505$105,409,454
June 30, 2024990$26,723,160$16,811,503$9,911,657$99,720,513$1,520,696$98,199,817
June 30, 2023990$19,143,156$9,347,980$9,795,176$96,895,350$1,888,756$95,006,594
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$10,215,676
of which government grants
$7,588
Program service revenue
$280,000
Investment income
$1,894,261
Net gain from sales of assets
$1,251,721
Net income from fundraising events
-$68,054
Other revenue
-$67,028

Expenses

Grants and similar amounts paid
$9,717,424
Other salaries and wages
$392,114
Salaries, compensation and benefits (total)
$397,348
Professional fundraising fees
$0
Accounting fees
$55,062
Travel
$14,863
Depreciation
$13,059
Program services (functional)
$9,792,866
Management and general (functional)
$435,798
Fundraising (functional)
$468,959

Balance sheet and other

Total assets, start of year
$99,720,513
Total assets, end of year
$106,776,959
Total liabilities, end of year
$1,367,505
Net assets, end of year
$105,409,454
Land, buildings and equipment
$3,195,922
Net assets without donor restrictions
$13,329,755
Net assets with donor restrictions
$92,079,699
Gross unrelated business income
-$28,315
Gross receipts
$13,126,595
Employees
1
Volunteers
47
Year formed
1965
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.

NameTitleHours / weekCompensationOther / benefits
LISA SCHLACHTERVP, INST ADVMT
Key employee
40$179,898$54,304
VANESSA STOLENAVP, INST, ADVMT
Highest-paid employee
40$106,088$37,139
JESSICA BOYCEASSISTANT SECRETARY
Officer
10$48,137$14,221
WENDY J WALLERASSISTANT TREASURER (THRU 9/16/24)
Officer
40$20,447$6,548
J CARLTON SHOWALTER JRCHAIR
Trustee or director, Officer
0.25$0$0
LANDON WYATTVICE CHAIR
Trustee or director, Officer
0.25$0$0
ASHLEY SIMMONS ROSEBOROUGHSECRETARY
Trustee or director, Officer
0.25$0$0
MADELYN CAPLETREASURER
Trustee or director, Officer
0.25$0$0
PAULA R VINCENTDIRECTOR
Trustee or director
0.25$0$0
BETSY CONWAYDIRECTOR
Trustee or director
0.25$0$0
WESTON M ANDRESSDIRECTOR
Trustee or director
0.25$0$0
ROSS ANNABLEDIRECTOR
Trustee or director
0.25$0$0
LEWIS B BARNHARDTDIRECTOR
Trustee or director
0.25$0$0
HENRY BATTENDIRECTOR
Trustee or director
0.25$0$0
JOYE BLOUNTDIRECTOR
Trustee or director
0.25$0$0
22 more people on this return
NameTitleHours / weekCompensation
KRISTI COLEMANDIRECTOR
Trustee or director
0.25$0
EDWIN DALRYMPLEDIRECTOR
Trustee or director
0.25$0
GREG EFTHIMIOUDIRECTOR
Trustee or director
0.25$0
TODD A GORELICKDIRECTOR
Trustee or director
0.25$0
E HOOPER HARDISON JRDIRECTOR
Trustee or director
0.25$0
LORI HUDSONDIRECTOR
Trustee or director
0.25$0
LOIS J INGLANDDIRECTOR (THRU 6/30/2025)
Trustee or director
0.25$0
SUSAN N JAMISONDIRECTOR
Trustee or director
0.25$0
GARY E LABROSSEDIRECTOR (THRU 6/30/2025)
Trustee or director
0.25$0
LAURENT J LONGINDIRECTOR
Trustee or director
0.25$0
RAYMOND R MCGREGORDIRECTOR
Trustee or director
0.25$0
CHRISTIAN M ROBINSONDIRECTOR
Trustee or director
0.25$0
PATRICIA A RODGERSDIRECTOR
Trustee or director
0.25$0
R GLENN SHERRILL JRDIRECTOR (THRU 6/30/2025)
Trustee or director
0.25$0
TIMOTHY SITTEMADIRECTOR
Trustee or director
0.25$0
AMY STRECKERDIRECTOR
Trustee or director
0.25$0
LAURA C THOMASDIRECTOR (THRU 6/30/2025)
Trustee or director
0.25$0
CHRIS COLEMANDIRECTOR
Trustee or director
0.25$0
SARAH BAUCOMDIRECTOR
Trustee or director
0.25$0
DAVID HOODDIRECTOR
Trustee or director
0.25$0
RICHARD KNAFELZDIRECTOR
Trustee or director
0.25$0
MELANIE SABELLADIRECTOR
Trustee or director
0.25$0
990 for the year ended June 30, 2024: 40 people
NameTitleHours / weekCompensationOther / benefits
LISA SCHLACHTERVP, INST ADVMT
Highest-paid employee
40$124,490$33,462
WENDY J WALLERASSISTANT TREASURER
Officer
40$112,688$35,177
VANESSA STOLENAVP, INST, ADVMT
Highest-paid employee
40$104,729$34,860
MIKE WHITEMANASISSTANT SECRETARY (THRU 08/23)
Officer
10$19,355$5,525
JESSICA BOYCEASSISTANT SECRETARY (FROM 08/23)
Officer
10$13,628$3,988
J CARLTON SHOWALTER JRCHAIR
Trustee or director, Officer
0.25$0$0
LANDON WYATTVICE CHAIR
Trustee or director, Officer
0.25$0$0
MADELYN CAPLETREASURER
Trustee or director, Officer
0.25$0$0
ASHLEY SIMMONS ROSEBOROUGHSECRETARY
Trustee or director, Officer
0.25$0$0
WESTON M ANDRESSDIRECTOR
Trustee or director
0.25$0$0
ROSS ANNABLEDIRECTOR
Trustee or director
0.25$0$0
LEWIS B BARNHARDTDIRECTOR
Trustee or director
0.25$0$0
HENRY BATTENDIRECTOR
Trustee or director
0.25$0$0
JOYE BLOUNTDIRECTOR
Trustee or director
0.25$0$0
KRISTI COLEMANDIRECTOR
Trustee or director
0.25$0$0
BETSY CONWAYDIRECTOR
Trustee or director
0.25$0$0
EDWIN DALRYMPLEDIRECTOR
Trustee or director
0.25$0$0
DEBORAH L EDWARDSDIRECTOR (THRU 11/23)
Trustee or director
0.25$0$0
GREG EFTHIMIOUDIRECTOR
Trustee or director
0.25$0$0
TODD A GORELICKDIRECTOR
Trustee or director
0.25$0$0
J TRAVIS HAINDIRECTOR (THRU 01/24)
Trustee or director
0.25$0$0
E HOOPER HARDISON JRDIRECTOR
Trustee or director
0.25$0$0
CLAUDIA F HEATHDIRECTOR (THRU 11/23)
Trustee or director
0.25$0$0
G CHRIS HILLDIRECTOR (THRU 02/24)
Trustee or director
0.25$0$0
LORI HUDSONDIRECTOR
Trustee or director
0.25$0$0
LOIS J INGLANDDIRECTOR
Trustee or director
0.25$0$0
SUSAN N JAMISONDIRECTOR
Trustee or director
0.25$0$0
GARY E LABROSSEDIRECTOR
Trustee or director
0.25$0$0
LYNNE TATUM LITTLEDIRECTOR (THRU 11/23)
Trustee or director
0.25$0$0
LAURENT J LONGINDIRECTOR
Trustee or director
0.25$0$0
RAYMOND R MCGREGORDIRECTOR
Trustee or director
0.25$0$0
VINAY B PATELDIRECTOR
Trustee or director
0.25$0$0
CHRISTIAN M ROBINSONDIRECTOR
Trustee or director
0.25$0$0
PATRICIA A RODGERSDIRECTOR
Trustee or director
0.25$0$0
R GLENN SHERRILL JRDIRECTOR
Trustee or director
0.25$0$0
TIMOTHY SITTEMADIRECTOR
Trustee or director
0.25$0$0
AMY STRECKERDIRECTOR
Trustee or director
0.25$0$0
EBONY THOMASDIRECTOR (THRU 03/24)
Trustee or director
0.25$0$0
LAURA C THOMASDIRECTOR
Trustee or director
0.25$0$0
PAULA R VINCENTDIRECTOR
Trustee or director
0.25$0$0
990 for the year ended June 30, 2023: 39 people
NameTitleHours / weekCompensationOther / benefits
DR KANDI DEITEMEYERINTERIM VP, INST ADVMT
Key employee
5$261,730$9,871
WENDY J WALLERASSISTANT TREASURER
Officer
40$109,039$35,138
MIKE WHITEMANASSISTANT SECRETARY (FROM 7/2022)
Officer
10$45,455$13,783
WESTON M ANDRESSPRESIDENT
Trustee or director, Officer
0.25$0$0
J CARLTON SHOWALTER JRVICE PRESIDENT
Trustee or director, Officer
0.25$0$0
ASHLEY SIMMONS ROSEBOROUGHSECRETARY
Trustee or director, Officer
0.25$0$0
GARY E LABROSSETREASURER
Trustee or director, Officer
0.25$0$0
ROSS ANNABLEDIRECTOR
Trustee or director
0.25$0$0
LEWIS B BARNHARDTDIRECTOR
Trustee or director
0.25$0$0
HENRY BATTENDIRECTOR
Trustee or director
0.25$0$0
JOYE BLOUNTDIRECTOR
Trustee or director
0.25$0$0
MADELYN CAPLEDIRECTOR
Trustee or director
0.25$0$0
KRISTI COLEMANDIRECTOR
Trustee or director
0.25$0$0
BETSY CONWAYDIRECTOR
Trustee or director
0.25$0$0
EDWIN DALRYMPLEDIRECTOR
Trustee or director
0.25$0$0
DEBORAH L EDWARDSDIRECTOR
Trustee or director
0.25$0$0
GREG EFTHIMIOUDIRECTOR
Trustee or director
0.25$0$0
TODD A GORELICKDIRECTOR
Trustee or director
0.25$0$0
J TRAVIS HAINDIRECTOR
Trustee or director
0.25$0$0
E HOOPER HARDISON JRDIRECTOR
Trustee or director
0.25$0$0
CLAUDIA F HEATHDIRECTOR
Trustee or director
0.25$0$0
G CHRIS HILLDIRECTOR
Trustee or director
0.25$0$0
LORI HUDSONDIRECTOR
Trustee or director
0.25$0$0
LOIS J INGLANDDIRECTOR
Trustee or director
0.25$0$0
JONATHAN ISHEEDIRECTOR
Trustee or director
0.25$0$0
SUSAN N JAMISONDIRECTOR
Trustee or director
0.25$0$0
LYNNE TATUM LITTLEDIRECTOR
Trustee or director
0.25$0$0
LAURENT J LONGINDIRECTOR
Trustee or director
0.25$0$0
RAYMOND R MCGREGORDIRECTOR
Trustee or director
0.25$0$0
VINAY B PATELDIRECTOR
Trustee or director
0.25$0$0
CHRISTIAN M ROBINSONDIRECTOR
Trustee or director
0.25$0$0
PATRICIA A RODGERSDIRECTOR
Trustee or director
0.25$0$0
R GLENN SHERRILL JRDIRECTOR
Trustee or director
0.25$0$0
TIMOTHY SITTEMADIRECTOR
Trustee or director
0.25$0$0
AMY STRECKERDIRECTOR
Trustee or director
0.25$0$0
EBONY THOMASDIRECTOR
Trustee or director
0.25$0$0
LAURA C THOMASDIRECTOR
Trustee or director
0.25$0$0
PAULA R VINCENTDIRECTOR
Trustee or director
0.25$0$0
LANDON WYATTDIRECTOR
Trustee or director
0.25$0$0

Address and contacts

Address (IRS master file)
PO BOX 35009, CHARLOTTE, NC 28235-5009
Principal officer (990 for 2024)
JESSICA D BOYCE, P O BOX 35009, CHARLOTTE, NC 28235
Signed the 990
JESSICA D BOYCE, ASSISTANT TREASURER
Phone
(704) 330-6869
Return prepared by
CHERRY BEKAERT ADVISORY LLC

Mission

THE FOUNDATION'S MISSION IS TO GENERATE PRIVATE FINANCIAL SUPPORT TO FURTHER THE MISSION OF CENTRAL PIEDMONT COMMUNITY COLLEGE.

990 for the year ended June 30, 2025

Program accomplishments

  • BY REMOVING FINANCIAL BARRIERS AND EXPANDING ACCESS TO OPPORTUNITIES, CENTRAL PIEDMONT HAS BEEN A PLACE OF TRANSFORMATION THROUGHOUT ITS HISTORY. THE CENTRAL PIEDMONT FOUNDATION SECURES PHILANTHROPIC SUPPORT TO INVEST IN SCHOLARSHIPS THAT MAKE A COLLEGE EDUCATION ACCESSIBLE FOR STUDENTS. SCHOLARSHIPS INCLUDE OPPORTUNITY SCHOLARSHIPS FOR STUDENTS FROM CHARLOTTE'S MOST ECONOMICALLY CHALLENGED HIGH SCHOOLS AND NEIGHBORHOODS; TRANSFER SCHOLARSHIPS FOR STUDENTS PREPARING TO EARN A FOUR-YEAR DEGREE; CAREER-FOCUSED SCHOLARSHIPS FOR STUDENTS WHO ASPIRE TO ENTER THE WORKFORCE UPON GRADUATION; AND MANY GENERAL AND DISCIPLINE-SPECIFIC SCHOLARSHIPS. THE RESOURCES ARE FUNDED WITH DESIGNATED EXPENDABLE AND ENDOWED SUPPORT. DURING FISCAL YEAR ENDED JUNE 30, 2025, THE FOUNDATION FUNDED NEARLY 4,800 SCHOLARSHIPS TO SUPPORT STUDENTS.
    Expenses $4,367,074 · grants $4,367,074
  • THROUGH ITS EXTENSIVE EDUCATIONAL PROGRAMS, CENTRAL PIEDMONT OFFERS INDIVIDUALS THE OPPORTUNITY TO EARN AN ASSOCIATE DEGREE, WORK TOWARD A FOUR-YEAR DEGREE, OR TAKE A DIRECT PATH TO EMPLOYMENT. THE COLLEGE OFFERS NEARLY 300 PROGRAMS IN 14 CAREER FIELDS WITH MORE THAN 55 PROFESSIONAL PATHWAYS SO THAT STUDENTS ARE PREPARED FOR A REAL-WORLD CAREER. CLASSES ARE DESIGNED FOR CLOSE-KNIT LEARNING WITH A 15:1 AVERAGE STUDENT TO TEACHER RATIO. STUDENTS LEARN FROM FACULTY WITH ACTUAL CAREER EXPERIENCE AND A HANDS-ON EXPERIENTIAL APPROACH. HUNDREDS OF ONLINE CLASSES AND CONTINUING EDUCATION PROGRAMS ARE AVAILABLE TO PREPARE STUDENTS FOR THE NEXT STEP IN THEIR CAREER. THESE EDUCATIONAL PROGRAMS COMBINE TO EQUIP STUDENTS FOR PRODUCTIVE, MEANINGFUL LIVES AND POSITION THEM TO CONTRIBUTE TO THE GROWTH AND VITALITY OF THE REGION.
    Expenses $2,667,699 · grants $2,667,699
  • AS AN OPEN-DOOR INSTITUTION, CENTRAL PIEDMONT STRIVES TO PROVIDE ITS STUDENT BODY WITH THE TOOLS AND SUPPORT SERVICES NECESSARY TO FACILITATE SUCCESS. THE FOUNDATION'S WORK ENHANCES THE COLLEGE'S CAPACITY TO ADDRESS THE FACTORS THAT IMPEDE STUDENT RETENTION AND COMPLETION BY CREATING A CULTURE THAT PROMOTES STUDENT SUCCESS AND EXPANDS OPPORTUNITIES FOR STUDENTS TO MAKE MEANINGFUL CONNECTIONS TO THE COLLEGE. THE FOUNDATION SUPPORTED STUDENT SUCCESS AND ENGAGEMENT IN VARIOUS WAYS. SERVICES FOR STUDENTS INCLUDE PERSONAL COUNSELING, EMERGENCY FUNDING, ACADEMIC AND CAREER ADVISING, SUMMER BRIDGE EXPERIENCES, DISABILITY SERVICES, MILITARY FAMILY AND VETERANS SERVICES, MENTORSHIPS AND LEADERSHIP DEVELOPMENT, AS WELL AS OUT-OF-CLASSROOM EXPERIENCES SUCH AS INTERNSHIPS, APPRENTICESHIPS, WORK-BASED LEARNING, AND GLOBAL STUDIES.
    Expenses $320,132 · grants $320,132 · revenue $280,000
  • THE CENTRAL PIEDMONT FOUNDATION ENGAGES DONOR SUPPORT AT ALL LEVELS TO PROVIDE THE COLLEGE WITH THE RESOURCES REQUIRED TO RESPOND TO CURRENT AND EMERGING PRIORITIES AND NEEDS OF ITS STUDENTS AND THE COMMUNITY. GIFTS TO THE FOUNDATION PROVIDE CRITICAL RESOURCES TO SUSTAIN THE COLLEGE'S ESSENTIAL OPERATIONS AND CORE COMMITMENTS TO SUPPORT STUDENT SUCCESS. WITH FOUNDATION FUNDING, THE COLLEGE ALSO ENCOURAGES, DEVELOPS, AND RECOGNIZES EXCELLENCE AMONG ITS FACULTY AND STAFF. THE COLLEGE'S CENTER FOR TEACHING AND LEARNING EXCELLENCE PROVIDES PROFESSIONAL DEVELOPMENT TO ENSURE THAT FACULTY KNOWLEDGE AND SKILLS EVOLVE TO THE HIGHEST LEVELS TO MEET THE EVER-CHANGING NEEDS OF STUDENTS. FUNDING IS FURTHER UTILIZED FOR CAMPUS AND AUXILIARY SERVICES, FACILITIES, AND MAINTENANCE TO ENSURE AN OUTSTANDING ON-CAMPUS EXPERIENCE. THROUGH THE FUNDING OF VARIOUS PROGRAM SERVICES, THE FOUNDATION CONTINUES TO ENSURE FACULTY, STAFF, AND STUDENTS HAVE AN IDEAL ENVIRONMENT FOR TEACHING, LEARNING, AND GROWING TO FACILITATE A TRANSFORMATIONAL EXPERIENCE FOR ALL STUDENTS.
    Expenses $2,437,961 · grants $2,362,519

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
56-0890420
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1968
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$106,776,959
Income (IRS master file)
$13,126,595

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$12,322,909$10,697,623$106,776,959IRS
990-TJune 2025–––IRS
990June 2024$26,723,160$16,811,503$99,720,513IRS
990-TJune 2024–––IRS
990June 2023$19,143,156$9,347,980$96,895,350XML
990-TJune 2023–––IRS
990June 2022$21,368,491$10,125,585$81,353,423IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 56-0890420).

Questions about CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC

What is the EIN of CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC?
The employer identification number (EIN) of CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC is 56-0890420.
Is CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
Are donations to CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION 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 CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION 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 CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION 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 CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JESSICA D BOYCE.
Who are the officers and directors of CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 37 people; 4 received compensation from the organization, the highest $179,898 (LISA SCHLACHTER, VP, INST ADVMT).
How much revenue does CENTRAL PIEDMONT COMMUNITY COLLEGE FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $12,322,909, expenses of $10,697,623 and total assets of $106,776,959 at year end.

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