University Of North Carolina Foundation Inc

Organization Overview

University Of North Carolina Foundation Inc is located in Raleigh, NC. The organization was established in 2000. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of North Carolina Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, University Of North Carolina Foundation Inc generated $736.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE MISSION OF THE 17-CAMPUS UNIVERSITY OF NORTH CAROLINA SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RAISE AND INVEST MONIES FOR THE BENEFIT OF THE UNIVERSITY SYSTEM AND CONDUCT OR CONTRACT FOR RESEARCH ON WAYS FOR THE UNIVERSITY SYSTEM TO BETTER SERVE THE STATE'S CITIZENS.


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Board, Officers & Key Employees

Name (title)Compensation
Randall C Ramsey
Chairman
$0
Peter Hans
Director
$0
Andrew P Kelly
Director
$0
Kim Van Noort
Director
$0
Andrew T Tripp
Director
$0
Jennifer Haygood
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$584,140
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$584,140
Total Program Service Revenue$0
Investment income $151,948
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $736,089

Grants Awarded

Over the last fiscal year, University Of North Carolina Foundation Inc has awarded $1,292,768 in support to 3 organizations.

Grant RecipientAmount

UNIVERSITY OF NORTH CAROLINA 17 CAMPUS SYSTEM

PURPOSE: FUNDING FOR MY FUTURE NC COMMISSION--PROGRAM TO NARROW EDUCATION GAP AND INCREASE POST-SECONDARY DEGREES AND CREDENTIALS

$1,067,198

UNIVERSITY OF NORTH CAROLINA 17 CAMPUS SYSTEM

PURPOSE: FUNDING FOR STUDENT INNOVATION SUCCESS LAB-- IMPLEMENTING INNOVATIVE STRATEGIES

$175,570

UNIVERSITY OF NORTH CAROLINA 17 CAMPUS SYSTEM

PURPOSE: GRANT TO VARIOUS CONSTITUENT UNIVERSITIES FOR NEED-BASED STUDENT SCHOLARSHIP AID

$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that University Of North Carolina Foundation Inc has recieved totaling $153,000.

Awarding OrganizationAmount
Make A Difference Fund Inc

Rocky Mount, NC

PURPOSE: GENERAL SUPPORT

$128,000
Goodnight Educational Foundation

Cary, NC

PURPOSE: SCIENCE OF READING PROGRAM

$25,000
View Grant Recipient Profile

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