Fast Facts
Foundations Accounting and Investments (FAI) is a multi-service provider to eleven corporate entities including the NC State Investment Fund, Inc. (NCSIF); seven University-affiliated foundations, the NCSU Alumni Association; the University Endowment Fund; and the NC State Partnership Corporation. Additionally, two of these eleven entities have very unique subsidiary LLC’s – Centennial Development, LLC, (Lonnie Poole Golf Course), the Bell Tower Holdings, LLC, and the NC State Residence, LLC are wholly-owned by the Partnership Corporation, and the NC State Executive Education LLC is wholly-owned by the NC State Foundation. All entities received a clean or unqualified audit opinion. These fifteen entities provide services and resources to students, faculty, staff, alumni, donors, and other “friends” of the University.