Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $2,659,241

• 3 · Investment income

  total $116,717 · excluded $116,717

• 11a · Other revenue: MISCELLANEOUS RECEIPTS

  total $1,176 · related or exempt $1,176

• 11e · Other revenue, total

  $1,176

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $2,228,616 · program services $2,228,616

• 2 · Grants to domestic individuals

  total $36,572 · program services $36,572

• 11a · Fees: management

  total $487,021 · program services $78,029 · management and general $147,112 · fundraising $261,880

• 11b · Fees: legal

  total $444 · management and general $444

• 11c · Fees: accounting

  total $17,722 · management and general $17,722

• 11g · Fees: other

  total $2,380 · management and general $2,380

• 13 · Office expenses

  total $12,981 · management and general $12,981

• 14 · Information technology

  total $13,334 · management and general $13,334

• 16 · Occupancy

  total $25,421 · management and general $25,421

• 17 · Travel

  total $2,459 · management and general $2,459

• 19 · Conferences, conventions and meetings

  total $4,113 · management and general $4,113

• 22 · Depreciation, depletion and amortization

  total $22,996 · management and general $22,996

• 23 · Insurance

  total $3,654 · management and general $2,472 · fundraising $1,182

• 24a · Other expenses: DEVELOPMENT ADMIN FEES

  total $173,352 · fundraising $173,352

• 24b · Other expenses: DEVELOPMENT EXPENSES

  total $147,263 · fundraising $147,263

• 24c · Other expenses: PROFESSIONAL DEVELOPMEN

  total $15,814 · management and general $15,814

• 24d · Other expenses: BAD DEBT EXPENSE

  total $10,020 · fundraising $10,020

• 24e · All other expenses

  total $2,384 · fundraising $2,384

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $219,165 · end of year $234,270

• 2 · Savings and temporary cash investments

  beginning of year $8,196,304 · end of year $9,767,245

• 3 · Pledges and grants receivable

  beginning of year $347,226 · end of year $505,163

• 10a · Land, buildings and equipment: cost or other basis

  $861,983

• 10b · Land, buildings and equipment: accumulated depreciation

  $441,550

• 10c · Land, buildings and equipment, net

  beginning of year $438,525 · end of year $420,433

• 12 · Investments: other securities

  beginning of year $66,493,222 · end of year $64,160,983

• 15 · Other assets

  beginning of year $208,610 · end of year $227,072

• 17 · Accounts payable and accrued expenses

  beginning of year $19,463 · end of year $13,113

• 27 · Net assets without donor restrictions

  beginning of year $2,889,241 · end of year $3,334,450

• 28 · Net assets with donor restrictions

  beginning of year $72,994,348 · end of year $71,967,603

The filer's explanations (Part III)

PART I, LINE 3

THE DEAN, PRESIDENT AND DEVELOPMENT DIRECTOR ARE EMPLOYEES OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE EMPLOYEE BENEFIT PRACTICES OF THE NORTH CAROLINA STATE GOVERNMENT.