The Foundation Of The University Of North Carolina At Charlotte Inc

Organization Overview

The Foundation Of The University Of North Carolina At Charlotte Inc is located in Charlotte, NC. The organization was established in 1963. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Foundation Of The University Of North Carolina At Charlotte 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 06/2021, Foundation Of The University Of North Carolina At Charlotte Inc generated $34.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $13.3m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION OF UNC CHARLOTTE RECEIVES CONTRIBUTIONS TO PROMOTE AND DEVELOP THE ACADEMIC AND EDUCATIONAL PURPOSE OF UNC CHARLOTTE BY PROVIDING SUPPORT FOR OPERATIONS, EDUCATIONAL PROGRAMS, AND SCHOLARSHIPS FOR THE UNIVERSITY AND ITS STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISBURSEMENTS TO UNC CHARLOTTE TO SUPPORT STUDENT FINANCIAL AID AND STUDENT SERVICES.


DISBURSEMENTS TO UNC CHARLOTTE FOR SCIENTIFIC AND EDUCATIONAL RESEARCH PROGRAMS, GENERAL ACADEMIC SUPPORT FOR FACULTY, AND CONTINUING EDUCATION.


DISBURSEMENTS TO UNC CHARLOTTE FOR ACADEMIC INSTRUCTION AND ACADEMIC SUPPORT FOR FACULTY AND OTHER SUPPORT


OTHER INSTITUTIONAL SUPPORT AND COMMUNITY INVOLVEMENT


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Board, Officers & Key Employees

Name (title)Compensation
Michael L Wilson
Chairman
$0
Elizabeth Hardin
Treasurer
$0
Tammie Boyd
Secretary
$0
Niles Sorensen
President
$0
Jeff Corbett
Individual Trustee
$0
Ellison Clary
Individual Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Cooper Carry
Consulting
$208,358
Bw Dallas Llc
Consulting
$531,995
Sage Hospitality
Consulting
$409,820
Stormont Hospitality Group
Consulting
$457,140
View All Vendors

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$32,524,225
Noncash contributions included in lines 1a–1f $12,234,789
Total Revenue from Contributions, Gifts, Grants & Similar$32,524,225
Total Program Service Revenue$0
Investment income $215,200
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,188,945
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $34,157,132

Grants Recieved

Over the last fiscal year, we have identified 30 grants that The Foundation Of The University Of North Carolina At Charlotte Inc has recieved totaling $2,216,853.

Awarding OrganizationAmount
Foundation For The Carolinas

Charlotte, NC

PURPOSE: CHARITABLE GIFT

$1,025,986
The Duke Energy Foundation

Charlotte, NC

PURPOSE: VIBRANT ECONOMIES

$250,000
Lettie Pate Whitehead Foundation Inc

Atlanta, GA

PURPOSE: For nursing scholarships.

$180,000
Belk Foundation

Charlotte, NC

PURPOSE: PROGRAM SUPPORT FOR TEACHER CANDIDATES TO TUTOR K-3RD GRADE CMS STUDENTS IN FOUNDATIONAL READING SKILLS WITH THE SOUND PARTNERS INTERVENTION

$138,240
Rockley Family Foundation Inc

Golden, CO

PURPOSE: Education of Students

$127,597
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$107,666
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$130,865,987
Earnings$43,975,988
Net Contributions$4,374,575
Other Expense$4,208,167
Ending Balance$175,008,383

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