THE MISSION OF THE FOUNDATION IS TO ADVANCE WILSON COLLEGE OF TEXTILES THROUGH ENGAGEMENT, PARTNERSHIP AND PHILANTHROPY. AS A CHARITABLE ORGANIZATION, THE FOUNDATION SUPPORTS THE COLLEGE AND DEAN OF THE COLLEGE AND SUCH SUPPORT SHALL INCLUDE BUT IS NOT LIMITED TO PROVIDING FUNDS FOR SCHOLARSHIPS TO DESERVING UNDERGRADUATE AND GRADUATE STUDENTS; RECRUITMENT AND RETENTION OF HIGHLY QUALIFIED STUDENTS, EDUCATORS AND RESEARCHERS; AND PLACEMENT OF GRADUATES. THE FOUNDATION ALSO ASSISTS IN THE ACQUISITION AND MAINTENANCE OF STATE-OF-THE-ART EQUIPMENT AND FACILITIES FOR RESEARCH AND EDUCATION.
Executive compensation
Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Education organizations in North Carolina.
| Position | Total |
|---|---|
Asst. Treasurer 25th percentile to median | $77k $84k |
Asst. Treasurer 25th percentile to median | $54k $59k |
Director Board Member 25th percentile to median | $49k $53k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 19 unpaid individuals.
Top pay as a share of expenses
In 2023, the highest total compensation at NORTH CAROLINA TEXTILE FOUNDATION INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.
Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about NORTH CAROLINA TEXTILE FOUNDATION INC
What does the Chief Financial Officer of NORTH CAROLINA TEXTILE FOUNDATION INC earn?
In 2023, the Chief Financial Officer of NORTH CAROLINA TEXTILE FOUNDATION INC received $76,575 in total compensation. This pay is below the median (the midpoint) for Chief Financial Officer roles among Education organizations in North Carolina, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Chief Financial Officer pay at NORTH CAROLINA TEXTILE FOUNDATION INC compare with similar nonprofits?
Compared with the same role at Education organizations in North Carolina, the 2023 pay of the Chief Financial Officer at NORTH CAROLINA TEXTILE FOUNDATION INC falls between the 25th percentile and the median. In 2023, the highest total compensation at NORTH CAROLINA TEXTILE FOUNDATION INC equaled 2% of the organization's total expenses. The median for education organizations is 7%.
What are NORTH CAROLINA TEXTILE FOUNDATION INC's revenue and expenses?
In 2023, NORTH CAROLINA TEXTILE FOUNDATION INC reported $6.9M in total revenue and $4.7M in total expenses on its IRS Form 990.
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