SNAPSHOT.North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. has 997 foundations. Together, they have assets of more than $8 billion and made grants of $387.2 million in 1998. NATIONAL RANK New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of has the most foundations, with 6,747 of the nation's 46,832. Nationally, foundation assets totaled $385.1 billion in 1998. North Carolina's share was 2.1%. GRANTS Educational programs received the most from Tar Heel Tar Heel or Tar·heel n. A native or resident of North Carolina. [Perhaps from the tar that was once a major product of the state.] foundations, $131 million, in 1998. For the first time in a decade, social services social services Noun, pl welfare services provided by local authorities or a state agency for people with particular social needs social services npl → servicios mpl sociales received more than health care and hospitals. COUNTY RANK More than 92% of North Carolina's total foundation assets are in 10 counties. Foundations in these counties made grants totaling $331.2 million in 1998. TYPES OF FOUNDATIONS North Carolina's 884 independent foundations, which start with an individual or family gift, gave away $272.2 million in 1998. Its 97 corporate foundations gave $56.2 million, and its 16 community foundations, $58.8 million. LARGEST FOUNDATIONS North Carolina's top 10 foundations have 62%, or $5 billion, of the state's total foundation assets. TIDBITS TidBITS is an award-winning electronic newsletter and web site dealing primarily with Apple Computer and Macintosh-related topics. Internet publication TidBITS has been published weekly since April 16, 1990, which makes it one of the longest running Internet publications. * North Carolina's first foundation, the Winston-Salem Foundation, was established in 1919. Today, it has assets of more than $125 million. * North Carolina's richest foundation, the Duke Endowment, was formed in 1924 with a $40 million gift from tobacco baron James Buchanan Duke James Buchanan Duke (December 23, 1856 – October 10, 1925) was a U.S. tobacco and electric power industrialist best known for his involvement with Duke University. . * The Golden LEAF -- Long-term Economic Advancement Foundation -- of Durham was created in 2000 as part of the state's settlement with the tobacco industry. Through 2025. it will receive more than $4.5 billion from tobacco companies. * Foundation giving accounted for 0.214% of North Carolina's gross state product in 1998. * North Carolina's foundations ranked 14th nationally in total giving for 1998. They were 19th in giving per capita [Latin, By the heads or polls.] A term used in the Descent and Distribution of the estate of one who dies without a will. It means to share and share alike according to the number of individuals. , at $62.16. * In 1998, foundations employed 400 Tar Heels, who earned an average salary of $34,769. |
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