NC Idea Grants
Private foundation · EIN 01-0702442 · IRS 990-PF filings through tax year 2024
- Total grants paid
- $4.2M
- Grants reported
- 362
- Median grant
- $5K
- Future commitments
- None reported
Giving by tax year
| Tax year | Grants paid | Amount |
|---|---|---|
| 2024 | 190 | $2.6M |
| 2023 | 172 | $1.6M |
Where NC Idea gives
States of grant recipients reported on the foundation's 990-PF filings, by dollars received.
Largest reported grants
The biggest individual grants on file, as reported by the foundation to the IRS.
| Recipient | Location | Purpose | Tax year | Amount |
|---|---|---|---|---|
| BLACK GIRL MAGIC MARKET | ANGIER, NC | ECOSYSTEM GRANTS | 2024 | $65K |
| FIRST FLIGHT VENTURE CENTER | RESEARCH TRIANGLE PARK, NC | ECOSYSTEM GRANTS | 2024 | $63.4K |
| FORWARD CITIES | DURHAM, NC | ECOSYSTEM GRANTS | 2024 | $60K |
| AB COMMUNITY | DURHAM, NC | ECOSYSTEM GRANTS | 2024 | $51.7K |
| THREE STRANDS RECOVERY WEAR CORPORATION | WINSTONSALEM, NC | SEED GRANTS | 2023 | $50K |
| GATEWAY COMMUNITY DEVELOPMENT CORPORATION | HENDERSON, NC | ECOSYSTEM GRANTS | 2023 | $50K |
| WHEELPRICE | CHARLOTTE, NC | SEED GRANTS | 2024 | $50K |
| MATCHA NUDE | ARDEN, NC | SEED GRANTS | 2024 | $50K |
| FRAMEWRK INC | CHARLOTTE, NC | SEED GRANTS | 2023 | $50K |
| ATLANTIC FISH CO | RALEIGH, NC | SEED GRANTS | 2024 | $45K |
| SUNLIGHT | CARY, NC | SEED GRANTS | 2024 | $45K |
| PROSPERA | CHARLOTTE, NC | ECOSYSTEM GRANTS | 2024 | $45K |
| DEI DIRECTIVE INC | CHARLOTTE, NC | SEED GRANTS | 2023 | $45K |
| HOPPY PLANET FOODS | CHARLOTTE, NC | SEED GRANTS | 2024 | $45K |
| KC SQUARED LLC | HUNTERSVILLE, NC | SEED GRANTS | 2023 | $44.9K |
| DNALI DATA TECHNOLOGIES INC | CARY, NC | SEED GRANTS | 2023 | $44.8K |
| VIRNIKA | CHAPEL HILL, NC | SEED GRANTS | 2024 | $42.5K |
| GWEN | CHARLOTTE, NC | ECOSYSTEM GRANTS | 2024 | $40K |
| HATCH AVL FOUNDATION | ASHEVILLE, NC | ECOSYSTEM GRANTS | 2024 | $40K |
| RIOT | RALEIGH, NC | ECOSYSTEM GRANTS | 2024 | $40K |
| FORWARD CITIES | DURHAM, NC | ECOSYSTEM GRANTS | 2023 | $40K |
| VETLETICS INC | CARY, NC | SEED GRANTS | 2023 | $37.4K |
| HOME FOR LIFE DESIGN | SALISBURY, NC | SEED GRANTS | 2023 | $36.7K |
| BRISTLES INC | DURHAM, NC | SEED GRANTS | 2023 | $35K |
| INDUSTRIAL COMMONS | MORGANTON, NC | ECOSYSTEM GRANTS | 2024 | $35K |
How to apply
This foundation publishes application instructions on its latest 990-PF and does not report restricting giving to preselected organizations. See more foundations that accept applications.
- Contact
- NC IDEA
- Address
- 411 W CHAPEL HILL STREET SUITE C2 DURHAM, NC, 27701
- Phone
- 9199415600
- Deadlines
- ADDITIONAL DETAILS ON THE SUBMISSION TIMELINE CAN BE FOUND AT: HTTPS://NCIDEA.ORG/NC-IDEA-MICRO/
- Application materials
- THE ORGANIZATION'S $10,000 MICRO GRANT PROVIDES SMALL AMOUNTS OF FUNDING TO ENTREPRENEURS WHO ARE TESTING A BIG, NEW BUSINESS IDEA. THROUGH SMALL, PROJECT-BASED GRANTS, THE ORGANIZATION GRANTS MICRO AWARDS FUNDING UP TO $10,000 TO YOUNG COMPANIES LOOKING TO VALIDATE AND ADVANCE THEIR IDEA. MANAGEMENT HAS FOUND THAT FUNDING, PAIRED WITH MENTORSHIP AND GUIDANCE, EARLY IN A COMPANY'S LIFECYCLE, CAN MAKE A SIGNIFICANT IMPACT ON FUTURE SUCCESS. WHEN EVALUATING EACH APPLICATION, NC IDEA WILL MAKE AN ASSESSMENT OF THE STRENGTHS AND WEAKNESSES OF EACH APPLICANT COMPANY IN THE FOLLOWING AREAS: IDEA, TECHNOLOGY, TEAM, MARKET, COMPETITION, STRATEGY, FUNDING, AND IMPACT. ADDITIONAL DETAILS ON THE EVALUATION CRITERIA CAN BE FOUND HERE: HTTPS://NCIDEA.ORG/NC-IDEA-MICRO/
- Restrictions
- FOR MICRO GRANTS, NC IDEA'S EVALUATION PROCESS IS RIGOROUS AND COMPETITIVE. COMPANIES MUST MEET CRITERIA RELATED TO GEOGRAPHY, INDUSTRY, STAGE OF DEVELOPMENT, TEAM, MARKET OPPORTUNITY, AND PRIOR AND FUTURE INVESTMENT IN ORDER TO BE CONSIDERED. ADDITIONAL DETAILS REGARDING ELIGIBILITY CAN BE FOUND AT: HTTPS://NCIDEA.ORG/NC-IDEA-MICRO/ SUBMISSION DEADLINES: NC IDEA'S MICRO GRANT PROGRAM HAS TWO GRANT CYCLES EACH YEAR. OUR SPRING GRANT CYCLE TYPICALLY OPENS IN MID-FEBRUARY, WHILE OUR FALL GRANT CYCLE OPENS SOMETIME BETWEEN MID-AUGUST AND EARLY SEPTEMBER.
Application information: https://ncidea.org/NC-IDEA-MICRO/
About this data
Figures are aggregated from NC Idea's IRS Form 990-PF electronic filings (2 filings on file, most recent tax year 2024). Totals reflect grants the foundation reported as paid, and can lag the current year because foundations file annually and often on extension. Source: IRS 990-PF e-file archive.