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Passes our checks

North Carolina Craft Brewers Foundation

EIN 33-1327182 · Raleigh, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood71 out of 100GovernanceGood75 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FOUNDATION IS ORGANIZED AND OPERATED UNNDER THE GUIDELINES OF A 501 (C) 3 NONPROFIT, EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES. THE FOUNDATION IS ORGANIZED SPECIFICALLY TO: 1. PROVIDE GRANTS SUPPORTING NORTH CAROLINA BREWERIES AND THEIR STAFF DURING PERIODS OF HARDSHIP, INCLUDING BUT NOT LIMITED TO ECONOMIC DOWNTURNS, CLIMATE DISASTERS, AND HEALTH EMERGENCIES. 2. PROVIDE SCHOLARSHIPS THAT SUPPORT DEVELOPMENT OF A DIVERSE AND SKILLED WORKFORCE THAT SUPPORTS THE NORTH CAROLINA CRAFT BEER INDUSTRY. 3. PROVIDE WORK-FORCE DEVELOPMENT GRANTS TO SUPPORT THE GROWTH AND WELL- BEING OF THE NORTH CAROLINA CRAFT BEER INDUSTRY.

Income
$276,971
Spending
$229,844
Spent on programs
100%
Reserves
2.5 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
23

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 71 out of 100. Higher than 37% of charities in its peer group (public safety and disaster relief, $250k to $1m).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.5 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 17% of income.

  • Spending floor

    15 of 15

    100% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 75 out of 100. Higher than 74% of charities in its peer group (public safety and disaster relief, $250k to $1m).

  • Independent board

    25 of 25

    13 of 13 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $229,844 spent. TO DATE, WE HAVE PROVIDED APPROX 250,000 GRANT FUNDS TO BREWERIES IN WESTERN NC THAT WERE IMPACTED BY HURRICANE HELENE, INCLUDING ONE FUND RAISING EVENT.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.