November is a special time to celebrate philanthropy.
During this month filled with holiday spirit, we are taking the time to say thank you and reflect on several important celebrations designed to spotlight the vital work of nonprofits, community foundations and philanthropy.
November is Nonprofit Awareness Month and contains both Community Foundation Week (Nov. 12 – Nov. 18) and National Philanthropy Day (Nov. 15). All of these calls to reflect and raise awareness highlight the most important points of what we do at the North Carolina Community Foundation.
We’re so thankful to be a member of (and partner with) the nonprofit community throughout North Carolina, the community foundation sector across the United States and to hold the banner of supporting and inspiring philanthropy everywhere. These causes have a profound impact on our state.
North Carolina nonprofits
- North Carolina nonprofits provide more than 400,000 jobs. That’s nearly 10% of all jobs in the state. That’s twice as many jobs as tourism, more than double as many as the entire finance, insurance and real estate industries combined, three times more than transportation and 26 times more than the utility industry.
- North Carolina has about 10,000 nonprofit organizations with annual revenues over $50,000. While most nonprofits in North Carolina are quite small (only one-third have annual budgets of $100,000 or more), about 300 of our state's nonprofits are quite large and contribute more than $10 million a year apiece into the state's economy.
- Nonprofits collectively put about $38 billion back into our state’s economy every year with the sector paying more than $15 billion in wages. This economic impact has more than doubled in just 10 years. (Source: NC Center for Nonprofits)
- The United States is home to more than 700 community foundations. Last year, these essential organizations granted billions to a variety of nonprofit organizations serving the arts, education, health and human services, the environment, disaster relief and much more.
- Community foundations are independent, public entities that steward philanthropic resources from individual and institutional donors to local nonprofits. Community foundations celebrated 100 years of existence last year and are one of the fastest-growing charitable-giving organizations in the nation. We contribute to the heart and soul of every community. (Source: Council on Foundations)
North Carolina Community Foundation
NCCF is the single statewide community foundation serving North Carolina and has made more than $130 million in grants since its inception in 1988. With more than $247 million in assets, NCCF sustains 1,200 endowments established to provide long-term support of a broad range of community needs, nonprofit organizations, institutions and scholarships. The NCCF partners with a network of affiliate foundations to provide local resource allocation and community assistance across the state. An important component of NCCF’s mission is to ensure that rural philanthropy has a voice at local, regional and national levels.
For us, November is also the season for our annual fundraising campaign to benefit community grantmaking among our local affiliate foundations. Returning for the fourth consecutive year, the Chairman’s Challenge has raised more than $1 million in support of nonprofit programs that benefit local communities throughout our state. We invite you to join us in supporting your local community. Find out more here.