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Nonprofit · EIN 56-1942969

CAPITAL COMMUNITY FOUNDATION INC

Tax-exempt · RALEIGH, NC 27619

Financials

$2.8M$843K2023$3.1M$869K2024
Revenue Expenses · by fiscal year end
Financials of CAPITAL COMMUNITY FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,079,136$869,426$2,209,710$19,735,393$0$19,735,393
December 31, 2023990$2,845,237$842,509$2,002,728$19,472,267$0$19,472,267
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,725,190
Program service revenue
$0
Investment income
$352,810
Net rental income
$1,136
Net gain from sales of assets
$94,107
Other revenue
$1,136

Expenses

Grants and similar amounts paid
$769,929
Other salaries and wages
$42,000
Salaries, compensation and benefits (total)
$56,588
Professional fundraising fees
$0
Legal fees
$2,792
Occupancy
$12,667
Program services (functional)
$769,929
Management and general (functional)
$99,497

Balance sheet and other

Total assets, start of year
$19,472,267
Total assets, end of year
$19,735,393
Total liabilities, end of year
$0
Net assets, end of year
$19,735,393
Land, buildings and equipment
$6,672,000
Publicly traded securities
$11,972,474
Net assets without donor restrictions
$19,735,393
Gross receipts
$3,095,023
Employees
1
Volunteers
0
Year formed
1995
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Bailey M WilliamsCFO
Officer
40$42,000
Paul Y CobleDirector
Trustee or director
0$0
Richard A ThompsonDirector
Trustee or director
0$0
Thomas H Fetzer JrDirector
Trustee or director
0$0
R Donavon Munford JrTreasurer
Trustee or director, Officer
20$0
Adrian N WilsonDirector
Trustee or director
0$0
Jennifer S MunfordPresident & CEO
Officer
40$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
Bailey M WilliamsCFO
Officer
40$42,000
Paul Y CobleDirector
Trustee or director
0$0
Richard A ThompsonDirector
Trustee or director
0$0
Thomas H Fetzer JrDirector
Trustee or director
0$0
Gloria Clark SpruntDirector
Trustee or director
0$0
R Donavon Munford JrTreasurer
Trustee or director, Officer
20$0
Adrian N WilsonDirector
Trustee or director
0$0
Jennifer S MunfordPresident & CEO
Officer
40$0

Address and contacts

Address (IRS master file)
PO BOX 18902, RALEIGH, NC 27619-8902
In care of
% R D MUNFORD JR
Principal officer (990 for 2024)
Jennifer Munford, PO Box 18902, Raleigh, NC 27619
Signed the 990
Jennifer Munford, President
Phone
(919) 782-0602

Mission

Fundraising for and facilitating contributions to benefit various 501(c)(3) public charities, throughout the United States and abroad.

990 for the year ended December 31, 2024

Program accomplishments

  • All foundation grants supported 501(c)(3) charities - see attached list.
    Expenses $769,929 · grants $769,929 · revenue $769,929

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-1942969
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
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,735,393
Income (IRS master file)
$3,095,023

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,079,136$869,426$19,735,393IRS
990December 2023$2,845,237$842,509$19,472,267XML
990December 2022$554,041$1,236,093$19,849,960IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 56-1942969).

Questions about CAPITAL COMMUNITY FOUNDATION INC

What is the EIN of CAPITAL COMMUNITY FOUNDATION INC?
The employer identification number (EIN) of CAPITAL COMMUNITY FOUNDATION INC is 56-1942969.
Is CAPITAL COMMUNITY FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to CAPITAL COMMUNITY FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CAPITAL COMMUNITY 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 CAPITAL COMMUNITY FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CAPITAL COMMUNITY FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CAPITAL COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 names Jennifer Munford.
Who are the officers and directors of CAPITAL COMMUNITY FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $42,000 (Bailey M Williams, CFO).
How much revenue does CAPITAL COMMUNITY FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,079,136, expenses of $869,426 and total assets of $19,735,393 at year end.

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