Central Piedmont Community College Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE FOUNDATION'S MISSION IS TO GENERATE PRIVATE FINANCIAL SUPPORT TO FURTHER THE MISSION OF CENTRAL PIEDMONT COMMUNITY COLLEGE.
- Income
- $12.3 million
- Spending
- $10.7 million
- Spent on programs
- 92%
- Reserves
- 11.4 months of spending
- Largest source of income
- donations and private grants, 83%
- Employees
- 1
- Volunteers
- 47
- Highest pay
- $234,202, vp, inst advmt
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: 78 out of 100. Higher than 72% of charities in its peer group (education, $10m to $100m).
Reserves
28 of 35Spendable reserves would cover 11.4 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
0 of 15Income fell 54% on the year before.
Spending floor
15 of 1592% of spending went to programs and raising each dollar of donations cost 5 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
Strong: 95 out of 100. Higher than 44% of charities in its peer group (education, $10m to $100m).
Independent board
25 of 2533 of 33 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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 (4)
- $4.4 million spent. 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.
- $2.7 million spent. 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.
- $320,132 spent. 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.
- $2.4 million spent. 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.
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
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.
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.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1968.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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.
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