NORTH CAROLINA CENTRAL UNIVERSITY FOUNDATION INC
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Mission Statement
The mission of the university is to prepare students academically and professionally to become leaders prepared to advance the consciousness of social responsibility in a diverse, global society. The university will serve its traditional clientele of African-American students; it will also expand its commitment to meet the educational needs of a student body that is diverse in race and other socioeconomic qualities.
About This Cause
The NCCU Foundation has the authority to receive endowments, bequests, gifts, and contributions of all kinds of property in order to carry out its stated objectives. The Foundation has tax-exempt status under section 501 (c)(3) of the Internal Revenue Code, and all donations to the Foundation are tax-deductible for income, gift, or real-estate purposes. An important objective of the Foundation is to provide unrestricted funds that can be used at the University’s discretion where the need is greatest. This provides an important resource, enabling NCCU to take advantage of outstanding educational, research, and public service opportunities when and where they arise. The Foundation’s flexibility enables it to serve many purposes. For example, gifts to the Foundation can do the following: Provide seed money to initiate important one-time projects designed by the administration Provide incentives of “matching” funds or other gifts, often resulting in total contributions of several times the initial gift Provide financial assistance to students through scholarships, fellowships, and awards Support experimental academic programs and faculty development aimed at improving the quality of education at NCCU Generate more endowment funds to perpetuate the University’s quality