Form 990 for tax year 2023
Filed by UNIVERSITY OF NORTH CAROLINA FOUNDATION INC.
Totals
- Total revenue
- $17,063,487
- Total expenses
- $5,234,037
- Contributions and grants received
- $11,893,776
- Grants paid
- $207,565
- Program service revenue
- $411,400
- Investment income
- $541,934
- Other revenue
- $4,216,377
- Total assets, end of year
- $48,500,707
- Total liabilities, end of year
- $32,554,579
- Net assets or fund balances, end of year
- $15,946,128
- Program services expenses (Part IX)
- $5,222,212
- Management and general expenses
- $11,825
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,222,212
Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
PETER HANS
DIRECTOR
- Total calculated
- $440,355
- From this org
- $0
- From related orgs
- $432,946
- Other
- $7,409
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $432,946 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $7,409 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $440,355 related
-
ANDREW T TRIPP
DIRECTOR
- Total calculated
- $314,215
- From this org
- $0
- From related orgs
- $299,930
- Other
- $14,285
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $299,930 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,285 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $314,215 related
-
MICHAEL VOLLMER
DIRECTOR
- Total calculated
- $314,459
- From this org
- $0
- From related orgs
- $306,677
- Other
- $7,782
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $306,677 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $7,782 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $314,459 related
-
NORMA HOUSTON
DIRECTOR
- Total calculated
- $315,396
- From this org
- $0
- From related orgs
- $307,182
- Other
- $8,214
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $307,182 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $8,214 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $315,396 related
-
JENNIFER HAYGOOD
DIRECTOR
- Total calculated
- $317,965
- From this org
- $0
- From related orgs
- $310,256
- Other
- $7,709
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $310,256 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $7,709 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $317,965 related
-
ANDREW P KELLY
DIRECTOR
- Total calculated
- $441,630
- From this org
- $0
- From related orgs
- $433,478
- Other
- $8,152
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $433,478 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $8,152 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $441,630 related
-
DAVID ENGLISH
DIRECTOR
- Total calculated
- $321,411
- From this org
- $0
- From related orgs
- $305,443
- Other
- $15,968
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $0 + $305,443 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $15,968 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $321,411 related
-
KELLIE HUNT BLUE
EX OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
RANDALL C RAMSEY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
JIMMY CLARK
EX OFFICIO DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
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
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
-
$207,565
FUNDING FOR LITERACY
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.
-
THE UNIVERSITY OF NORTH CAROLINA
EDUCATION · NC
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.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
NC GIFT PLANNING LLC
FUNDRAISING · NC · income $2,243,796 · assets $9,776,933
Directly controlled by UNC FDN
-
UNC REAL ESTATE LLC
REAL ESTATE · NC · income $219,110 · assets $9,868,646
Directly controlled by UNC FDN
-
UNIVERSITY SUPPORTING SERVICES LLC
ADMIN SERVICES · NC · income $399,650 · assets $649,519
Directly controlled by UNC FDN
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 10 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202541629349300804
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.