What is the St. James Foundation of North Carolina?
The St. James Foundation of North Carolina (SJFNC) is a registered 501(c)(3) nonprofit organization structured as an endowment fund. The Foundation’s mission is to inspire Brunswick County students to reach their full potential by funding academic, technical, and career opportunities. The Foundation’s vision is improved quality of life for all residents of Brunswick County through long term, sustainable workforce development. The Foundation provides grants that support academic, technical, and career-based programs benefiting students in Brunswick County.
What is an endowment fund?
An endowment fund is a specific type of fund within a regular 501(c)(3) nonprofit, designed for long-term financial stability by preserving the principal and spending only its investment earnings, while a "regular" 501(c)(3) refers to the organization itself, which can have various non-endowed funds that are fully spendable for immediate operations or programs, unlike the perpetual nature of an endowment. In the case of SJFNC, this financial approach ensures the annual distribution of much needed grants to well-vetted educational programs catering to individuals of all ages. By doing so, the SJFNC ensures that our community will have a dependable source of funding for projects that result in a better-trained local workforce.
Why do we need another charitable organization in St. James Plantation?
Other charitable organizations within St. James raise and typically distribute funds within the same year to meet immediate needs. In contrast, the SJFNC makes careful investments of the donations to generate sustainable, long-term income. The principal is preserved, and only investment earnings are distributed annually. This endowment model provides reliable, ongoing funding rather than one-time support and allows donors to create a lasting charitable legacy. Within St. James Plantation, this permanent fund structure is unique to SJFNC.
What is the problem that the SJFNC is addressing?
Residents of Brunswick County benefit from a robust education system as it is the foundation of economic strength, resilience, and support to citizens. The County, however, is at a disadvantage and at risk for a sustainable workforce. Statistics show for students in Brunswick County Public Schools:
· 64.8% are economically disadvantaged (U.S. News & World Report)
· 64% are on free or reduced cost lunch (Brunswick County Schools and Niche)
· 6.7% have no home computer
· 26% have no high-speed internet.
· The rate of Chronic School absenteeism is 32%.
How are donations used?
Donations support the Foundation’s endowment, ensuring sustainable, long-term funding for educational programs. Grant awards are made annually to support innovative and impactful educational opportunities in Brunswick County.
Is my donation tax-deductible?
Yes. The St. James Foundation of North Carolina is a registered 501(c)(3) organization, and contributions are tax-deductible to the extent allowed by law. Donors should consult their tax advisor for individual tax guidance. We accept cash, check, Zelle, and equities, If you have an IRA account, your RMD/QCD is tax free. Please refer to the “DONATE” page of our website to learn more.
Who decides which programs receive grants?
Grant recipients are selected through a structured application and robust review process overseen by the Foundation’s Board of Directors. Decisions are based on educational value, community impact, and alignment with the Foundation’s mission.
Who can apply for a grant?
Eligible applicants include public schools, educators, and educational organizations serving students in Brunswick County. Specific eligibility criteria and application details are published during each grant cycle.
How can I support the Foundation beyond making a donation?
Supporters can attend Foundation events, volunteer with the Foundation, help spread awareness of the mission, and encourage others to invest in education. Community engagement is a powerful driver of long-term impact. Reach out to inquiries@stjamesfoundationnc.org for more information.
Is the Foundation affiliated with the St. James Plantation POA or the Town of St. James?
No. While the Foundation shares the St. James name, it is an independent nonprofit organization and is not affiliated with either entity.