About
CFNCEast Financials
The Community Foundation of NC East is a unique financial steward. One important focus is that the charitable dollars entrusted to us be available in perpetuity, requiring long-term investment strategies. However, the Foundation also works to maximize dollars available today so that our endowment holders and the Foundation Committee can distribute these resources to invest in the community. Our close collaboration with our investment committee has helped make both of these goals possible.
The Foundation has worked to diversify asset allocation and has set high performance standards for investment managers. Any investment return earned over the spending limit is added to principal, thus combating inflation, overcoming down markets, and growing endowments, all for the benefit of grantees. Managing the Foundation's growing asset base is a key component of its philanthropic stewardship, and a positive foundation has been laid for future asset growth.
Select any of the returns to below to review the financial records of the Foundation
2021 Form 990 without Schedule B
2020 Form 990 without Schedule B
2019 Form 990 without Schedule B
2018 Form 990 without Schedule B
2017 Form 990 without Schedule B
2016 Form 990 without Schedule B
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