2026-08-12T08:19:38+00:00 2025-09-30 135381590 BDO USA 421 FAYETTEVILLE ST STE 300 RALEIGH NC 276011776 990 2024-10-01 560853674 RESEARCH TRIANGLE FOUNDATION OF NC RESE 9195498181 700 PARK OFFICES DRIVE SUITE 007 DURHAM NC 27713 JESSICA WISNIEWSKI CFO 9195498181 2026-08-12 true SANDRA L FEINSMITH P01064157 9197549370 2026-08-12 2024 2025-03-06 01:10:19Z X SCOTT LEVITAN 700 PARK OFFICES DRIVE SUITE 007 DURHAM NC 27713 26540809 false X WWW.RTP.ORG X 1956 NC PRIMARILY ENGAGED IN THE PROMOTION AND ENCOURAGEMENT OF RESEARCH OR SCIENTIFIC LABORATORIES AND OTHER RELATED FACILITIES IN RESEARCH TRIANGLE PARK. 18 18 42 18 0 0 0 12440864 12638797 4213755 685575 67600 60176 16722219 13384548 1450 14500 0 0 5191696 5562039 0 0 0 18351003 17368537 23544149 22945076 -6821930 -9560528 216643585 206091014 97831560 99069346 118812025 107021668 X TO PROMOTE UNIVERSITY, ACADEMIC, INDUSTRY AND GOVERNMENT COLLABORATIONS LEADING TO THE ESTABLISHMENT AND MAINTENANCE OF RESEARCH, SCIENTIFIC AND TECHNOLOGY-BASED FACILITIES WITHIN THE RESEARCH TRIANGLE AND NORTH CAROLINA, CREATING QUALITY JOBS AND OPPORTUNITIES FOR ITS CITIZENS. false false 8449240 14500 12429940 PROVIDE FOR THE UPKEEP OF RTP ASSETS AND INFRASTRUCTURE TO ENHANCE THE PARK'S REPUTATION AS AN INNOVATIVE AND DYNAMIC ENVIRONMENT AND TO PROMOTE AND FOSTER RESEARCH FACILITIES IN THE 7,000 ACRE RESEARCH TRIANGLE PARK. 7392095 0 88857 PROVIDE FOR THE PROMOTION OF PROGRAMS FOR THE RTP COMMUNITY AND TRIANGLE REGION. 3186828 0 120000 PARK CENTER 100 ACRES REDEVELOPMENT PROVIDES INNOVATORS TO COME TOGETHER TO BE INSPIRED, PROVIDE A PLACE FOR LEADERS IN TECHNOLOGY, SCIENCE, THE ARTS AND THE HUMANITIES TO COLLABORATE AND CREATE JOBS AND A BETTER FUTURE FOR ALL NORTH CAROLINIANS. THE DEVELOPMENT INCLUDES RETAIL, RESIDENTIAL AND OFFICE AMENITIES WITH A PLETHORA OF PUBLIC PARKS AND SPACE THAT WILL BE USED BY ENTREPRENEURS AND NORTH CAROLINIANS. 686848 0 0 PROGRAMMING AND EVENTS THAT UNITE ALL POINTS OF THE RESEARCH TRIANGLE VIA A CULTIVATION OF TOPICS AND LOCAL SPEAKERS FROM THE THREE FOUNDING UNIVERSITIES, COMPANIES AND THE COMMUNITIES AT LARGE. 686848 19715011 false false false false false false true false false false true false false false true true false true false false false false false false false false false true false true false false false false false false false false false false false false false false true true true true false false true 117 0 true 42 true false false false false false false false false X 18 18 false false false false false false false true true false false false false true true true true true true true false false NC X JESSICA WISNIEWSKI 9195498181 700 PARK OFFICES DRIVE SUITE 007 DURHAM NC 27713 ANITA BROWN-GRAHAM SECRETARY 1.0 0.0 X X 0 0 0 BARBARA MULKEY CHAIRMAN 1.0 0.0 X X 0 0 0 BRAD WILSON VICE CHAIR 1.0 0.0 X X 0 0 0 BROOKS BELL DIRECTOR 1.0 0.0 X 0 0 0 CHARLES FRANCIS DIRECTOR 1.0 0.0 X 0 0 0 DANIEL ENNIS DIRECTOR 1.0 0.0 X 0 0 0 DR RANDY WOODSON DIRECTOR 1.0 0.0 X 0 0 0 DR VINCENT PRICE DIRECTOR 1.0 0.0 X 0 0 0 FARAD ALI DIRECTOR 1.0 0.0 X 0 0 0 GREG LUBERECKI DIRECTOR 1.0 0.0 X 0 0 0 HOWARD NYE DIRECTOR 1.0 0.0 X 0 0 0 HUGH ALLEN DIRECTOR 1.0 0.0 X 0 0 0 JOHN CECIL DIRECTOR 1.0 0.0 X 0 0 0 JUD BOWMAN DIRECTOR 1.0 0.0 X 0 0 0 KARRIE DIXON DIRECTOR 1.0 0.0 X 0 0 0 LEE ROBERTS DIRECTOR 1.0 0.0 X 0 0 0 PETER HANS DIRECTOR 1.0 0.0 X 0 0 0 TIM GABEL DIRECTOR 1.0 0.0 X 0 0 0 ANDREW HOLTON EVP & COO 40.0 0.0 X 102672 0 6487 CAROLYN COIA VP REAL ESTATE 40.0 0.0 X 269558 0 34751 JESSICA WISNIEWSKI CFO 40.0 0.0 X 243881 0 49389 KELLY PROPST VP MARKETING & COMMUNICATIONS 40.0 0.0 X 176750 0 41764 SCOTT LEVITAN PRESIDENT & CEO 40.0 0.0 X 652938 0 79645 TRAVIS CRAYTON VP PLANNING & PUBLIC POLICY 40.0 0.0 X 161580 0 24720 AMANDA RONAN SENIOR DIRECTOR PLACEMAKING 40.0 0.0 X 146032 0 38688 CAITLIN TIMMS PROPERTY MANAGER 40.0 0.0 X 146342 0 29982 DAVID WIEAND ACCOUNTING MANAGER 40.0 0.0 X 128482 0 28564 JAN NEW CREATIVE DIRECTOR 40.0 0.0 X 110411 0 19760 KEVIN PATTERSON DIRECTOR OF IT 40.0 0.0 X 117180 0 27946 LINDA K HALL EVP & COO (THRU 4/15/2024) 40.0 0.0 X 182176 0 16581 2438002 0 398277 12 true true false FAULCONER CONSTRUCTION COMPANY PO BOX 7706 CHARLOTTESVILLE VA 22906 CONSTRUCTION 1219327 CHOATE CONSTRUCTION COMPANY 5440 WADE PARK BLVD SUITE 220 RALEIGH NC 27706 CONSTRUCTION 763942 MG CAPITAL MAINTENANCE INC PO BOX 1370 MORRISVILLE NC 27560 JANITORIAL 593187 SOUTHWOOD CORPORATION 4101 INTERNATIONAL DRIVE ROCK HILL SC 29732 SIGNAGE 480731 PMC COMMERCIAL INTERIORS INC PO BOX 896614 CHARLOTTE NC 28289 INTERIOR DESIGN 470146 20 0 LEASING PROGRAM 531390 11931406 11931406 SHARED EXPENSE REIMBURSEMENT 531390 645741 645741 CONFERENCE INCOME 900099 61650 61650 0 0 0 0 12638797 1984512 1984512 0 0 10957324 900000 10719894 2436367 237430 -1536367 -1298937 -1298937 MISCELLANEOUS REVENUE 900099 71942 71942 INCOME/LOSS FROM SUB 900099 -11766 -11766 0 0 0 0 60176 13384548 12638797 0 745751 14500 14500 0 0 2174977 2174977 2126774 1000875 1125899 374107 289782 84325 611183 389951 221232 274998 213012 61986 513819 513819 132035 132035 191929 191929 131056 131056 0 0 0 0 1830055 1791287 38768 733570 733570 186824 186824 206793 206793 52179 20271 31908 2889073 2889073 6969654 6969654 225766 167505 58261 OTHER-BUILDING REPAIR 1995239 1995239 PROPERTY TAX 731385 731385 PARTNERSHIP PROGRAM 447845 447845 OTHER-MISCELLANEOUS 70481 45002 25479 60834 60834 0 0 22945076 19715011 3230065 0 36016747 26799810 0 0 0 0 2851986 3158884 0 0 0 0 0 0 0 0 275837 215512 207370070 44584093 166515472 162785977 3075489 5063273 6033797 5815461 0 0 0 1874257 2252097 216643585 206091014 7451801 5018824 0 0 1661202 1350033 0 0 0 0 0 0 87851233 91794793 0 0 867324 905696 97831560 99069346 X 118812025 107021668 0 0 118812025 107021668 216643585 206091014 X -9560528 -327764 -1277144 -624921 X X false true true false X X X 10 390.0 0 1 false 0 84540029 21077978 105618007 88061174 42497104 45564070 2631644 2086989 544655 11059245 0 11059245 162785977 FEDERAL INCOME TAXES LEASE DEPOSITS 728290 DUE TO PARENT 127956 DUE TO RELATED PARTY 49450 905696 X 0 0 0 0 0 0 0 0 0 0 0 0 SCHEDULE D, PART II, LINE 9 CONSERVATION EASEMENTS FINANCIAL REPORTING THE LAND ASSET IS HELD IN A NATURAL AREA PRESERVE BALANCE SHEET ACCOUNT; PROPERTY TAXES ON NATURAL AREA PRESERVES ARE EXPENSED. SCHEDULE D, PART X, LINE 2 FIN 48 (ASC 740) FOOTNOTE THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE (IRC). UNDER THIS SECTION, CONTRIBUTIONS TO THE FOUNDATION ARE NOT DEDUCTIBLE BY THE DONORS EXCEPT WHERE DESIGNATED FOR A SPECIFIC CHARITABLE FUND. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS ARE CLASSIFIED AS GENERAL AND ADMINISTRATIVE EXPENSES IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES. THE FOUNDATION ADHERES TO THE ACCOUNTING STANDARD ON ACCOUNTING FOR THE UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ALSO ADDRESSES DERECOGNITION, CLASSIFICATION AND INTEREST. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AT SEPTEMBER 30, 2025 AND 2024, AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THE INCOME TAXES TOPIC OF THE FASB ASC. false NC BIOTECHNOLOGY CENTER 15 TW ALEXANDER DR DURHAM NC 27713 561434024 501(C)(3) 12500 SPONSORSHIP OF BOOK WRITTEN ABOUT RTP 1 0 X X X false false false false false false false false false LINDA K HALL EVP & COO (THRU 4/15/2024) 182176 0 0 0 0 0 11028 0 5553 0 198757 0 0 0 SCOTT LEVITAN PRESIDENT & CEO 538830 0 98033 0 16075 0 64023 0 15622 0 732583 0 0 0 CAROLYN COIA VP REAL ESTATE 223306 0 35000 0 11252 0 25849 0 8902 0 304309 0 0 0 JESSICA WISNIEWSKI CFO 202575 0 40000 0 1306 0 24825 0 24564 0 293270 0 0 0 KELLY PROPST VP MARKETING & COMMUNICATIONS 153375 0 16000 0 7375 0 17720 0 24044 0 218514 0 0 0 TRAVIS CRAYTON VP PLANNING & PUBLIC POLICY 139288 0 15000 0 7292 0 15827 0 8893 0 186300 0 0 0 AMANDA RONAN SENIOR DIRECTOR PLACEMAKING 130769 0 14000 0 1263 0 14749 0 23939 0 184720 0 0 0 CAITLIN TIMMS PROPERTY MANAGER 131717 0 13250 0 1375 0 14674 0 15308 0 176324 0 0 0 DAVID WIEAND ACCOUNTING MANAGER 114107 0 13000 0 1375 0 12886 0 15678 0 157046 0 0 0 FORM 990, PART III, LINE 4D DESCRIPTION OF OTHER PROGRAM SERVICES (EXPENSES $ 686,848 INCLUDING GRANTS OF $ 0)(REVENUE $ 0) PROGRAMMING AND EVENTS THAT UNITE ALL POINTS OF THE RESEARCH TRIANGLE VIA A CULTIVATION OF TOPICS AND LOCAL SPEAKERS FROM THE THREE FOUNDING UNIVERSITIES, COMPANIES AND THE COMMUNITIES AT LARGE. FORM 990, PART VI, LINE 11B REVIEW OF FORM 990 BY GOVERNING BODY THE ACCOUNTING MANAGER, CFO, AND AUDIT COMMITTEE REVIEW THE DRAFT FORM 990 PRIOR TO SUBMISSION TO THE IRS. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY CONFLICT OF INTEREST POLICY IS ENFORCED BY EACH DIRECTOR COMPLETING THE QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, LINE 15A PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE CEO'S EMPLOYMENT CONTRACT, INCLUDING TOTAL COMPENSATION, ANNUALLY. FORM 990, PART VI, LINE 15B PROCESS TO ESTABLISH COMPENSATION OF OTHER EMPLOYEES A THIRD PARTY WAS ENGAGED TO REVIEW AND RECOMMEND COMPENSATION FOR THE MEMBERS OF SENIOR LEADERSHIP. THE EXECUTIVE COMMITTEE REVIEWED THE REPORT AND RECOMMENDED APPROVAL BY THE FULL BOARD. FORM 990, PART VI, LINE 19 REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES EQUITY LOSS OF SUBSIDIARY - -624921; TOTAL - -624921; FORM 990, PART XII, LINE 2C CHANGE OF OVERSIGHT PROCESS OR SELECTION PROCESS THE ORGANIZATION'S OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR. PARK CENTER EAST LLC 700 PARK OFFICES DR SUITE 007 DURHAM NC 27713 811734151 REAL ESTATE DEVELOPMENT NC 127123 40464471 RTF FRONTIER HUB LLC 700 PARK OFFICES DR SUITE 007 DURHAM NC 27713 834058517 REAL ESTATE RENTAL AND ACQUIRE PROPERTIES IN RESEARCH TRIANGLE PARK NC 11392310 41462124 RTF BOXYARD RTP LLC 700 PARK OFFICES DR SUITE 007 DURHAM NC 27713 843917712 REAL ESTATE RENTAL OF RETAIL & FOOD/BEVERAGE NC 448058 8042754 RTF HORSESHOE RTF DEVELOPMENT LLC 700 PARK OFFICES DR SUITE 007 DURHAM NC 27713 921595068 REAL ESTATE DEVELOPMENT NC 0 64008534 RTF DAVIS 54 LLC 700 PARK OFFICES DR SUITE 007 DURHAM NC 27713 463588803 REAL ESTATE RENTAL AND ACQUIRE PROPERTIES IN RESEARCH TRIANGLE PARK NC 0 0 RTF TRIANGLE SERVICE CENTER INC 700 PARK OFFICES DRIVE SUITE 007 DURHAM NC 27713 560854810 REAL ESTATE RENTAL NC RTF C CORPORATION 1 true false false false false false true false false false false true false false false false false true false TRIANGLE SERVICE CENTER INC R 2850000 GAAP TRIANGLE SERVICE CENTER INC L 432937 GAAP TRIANGLE SERVICE CENTER INC F 15000 GAAP