Form 990 for tax year 2023

Totals

Total revenue

$7,846,316

Total expenses

$18,934,995

Contributions and grants received

$0

Grants paid

$0

Program service revenue

$0

Investment income

-$2,297,428

Other revenue

$10,143,744

Total assets, end of year

$430,398,703

Total liabilities, end of year

$233,266

Net assets or fund balances, end of year

$430,165,437

Program services expenses (Part IX)

$17,240,528

Management and general expenses

$1,694,467

Fundraising expenses

$0

Program service expenses (Part III)

$17,240,528

Program services were 91.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2023

• BENEFIT UNCG BY MAKING INVESTMENTS FOR RELATED ENTITY ENDOWMENTS. INVESTMENT GAIN WAS 11.67% FOR THE FISCAL YEAR. ENDOWMENT SPENDING IS BASED ON A THREE YEAR AVERAGE AND IS USED FOR SCHOLARSHIPS, PROFESSORSHIPS, AND DEPARTMENTAL SPENDING. DISTRIBUTIONS WERE:UNCG ENDOWMENT $9,886,685UNCG EXCELLENCE FOUNDATION 7,322,670UNCG CAMPUS MINISTRIES 31,173

  Expenses $17,240,528 · Revenue $10,143,744

As filed on the 2023 return.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• UNCG EXCELLENCE FOUNDATION

  501(C)(3) · FUNDRAISING · NC

  Directly controlled by THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO

• THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO

  GOVERNMENTAL · EDUCATION · NC

• WEATHERSPOON ART MUSEUM COUNCIL

  501(C)(3) · FUNDRAISING · NC

  Directly controlled by THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO

• CAPITAL FACILITIES FOUNDATION INC

  501(C)(3) · BUILDING SUPPORT · NC

  Directly controlled by THE UNIVERSITY OF NORTH CAROLINA AT GREENSBORO

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Provenance

Return type

form_990

Tax year

2023

Filed

6 May 2025

IRS schema version

2023v6.0

Source object

202501279349301615

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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