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Nonprofiteer
← NORTH CAROLINA BOTANICAL GARDEN FOUNDATION INC

Form 990 for tax year 2023

Filed by NORTH CAROLINA BOTANICAL GARDEN FOUNDATION INC.

Totals

Total revenue
$2,026,296
Total expenses
$1,960,310
Contributions and grants received
$1,802,509
Grants paid
$1,613,376
Program service revenue
$0
Investment income
$132,257
Other revenue
$91,530
Total assets, end of year
$13,062,588
Total liabilities, end of year
$145,527
Net assets or fund balances, end of year
$12,917,061
Program services expenses (Part IX)
$1,644,841
Management and general expenses
$44,816
Fundraising expenses
$270,653
Program service expenses (Part III)
$1,644,841

Program services were 83.9% 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.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $133,550

  • 1f · All other contributions, gifts and grants

    $1,668,959

  • 1g · Noncash contributions included above

    $341,973

  • 3 · Investment income

    total $64,039 · excluded $64,039

  • 5 · Royalties

    total $13,774 · excluded $13,774

  • 6a · Gross rents

    real property $7,700

  • 6b · Less rental expenses

    real property $69,224

  • 6c · Rental income or loss

    real property -$61,524

  • 6d · Net rental income or loss

    total -$61,524 · excluded -$61,524

  • 7a · Gross sales of assets other than inventory

    securities $174,100

  • 7b · Less cost or other basis and sales expenses

    securities $105,882

  • 7c · Gain or loss

    securities $68,218

  • 7d · Net gain or loss

    total $68,218 · excluded $68,218

  • 8a · Fundraising events: gross income

    $25,400

  • 8a · Fundraising events: contributions included on line 1c

    $133,550

  • 8b · Fundraising events: direct expenses

    $24,509

  • 8c · Net income from fundraising events

    total $891 · excluded $891

  • 11a · Other revenue: MISCELLANEOUS

    total $138,389 · related or exempt $138,389

  • 11e · Other revenue, total

    $138,389

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,613,376 · program services $1,613,376

  • 7 · Other salaries and wages

    total $235,943 · management and general $2,102 · fundraising $233,841

  • 11g · Fees: other

    total $22,661 · program services $9,850 · management and general $4,811 · fundraising $8,000

  • 13 · Office expenses

    total $19,416 · program services $3,094 · management and general $7,369 · fundraising $8,953

  • 17 · Travel

    total $1,506 · fundraising $1,506

  • 19 · Conferences, conventions and meetings

    total $14,291 · program services $6,397 · management and general $117 · fundraising $7,777

  • 23 · Insurance

    total $6,088 · program services $1,005 · management and general $5,083

  • 24a · Other expenses: MISCELLANEOUS

    total $29,248 · program services $6,406 · management and general $12,296 · fundraising $10,546

  • 24b · Other expenses: REPAIRS AND MAINTENANCE

    total $11,584 · management and general $11,554 · fundraising $30

  • 24c · Other expenses: PROPERTY TAX

    total $4,947 · program services $4,713 · management and general $234

  • 24d · Other expenses: DUES, SUBSCRIPTIONS & B

    total $1,250 · management and general $1,250

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $26,596 · end of year $49,830

  • 2 · Savings and temporary cash investments

    beginning of year $1,996,364 · end of year $2,435,455

  • 3 · Pledges and grants receivable

    beginning of year $238,149 · end of year $154,797

  • 4 · Accounts receivable

    beginning of year $8,896 · end of year $0

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

    $388,733

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

    $27,857

  • 10c · Land, buildings and equipment, net

    beginning of year $340,499 · end of year $360,876

  • 12 · Investments: other securities

    beginning of year $7,593,179 · end of year $8,109,301

  • 15 · Other assets

    beginning of year $1,952,329 · end of year $1,952,329

  • 17 · Accounts payable and accrued expenses

    beginning of year $18,481 · end of year $50,527

  • 19 · Deferred revenue

    beginning of year $95,000 · end of year $95,000

  • 27 · Net assets without donor restrictions

    beginning of year $444,524 · end of year $364,780

  • 28 · Net assets with donor restrictions

    beginning of year $11,598,007 · end of year $12,552,281

Mission and programs · 2023

Mission

ESTABLISHED THE SAME YEAR AS THE GARDEN, THE NORTH CAROLINA BOTANICAL GARDEN FOUNDATION EXISTS TO BRING INDIVIDUAL AND PRIVATE SECTOR SUPPORT TO THE GARDEN'S MISSION OF EDUCATION AND CONSERVATION. THE FOUNDATION RAISES MONEY THROUGH ITS MEMBERSHIP PROGRAM, THE GENEROSITY OF ITS BOARD, FUNDRAISING EVENTS AND MORE. INDIVIDUALS AND HOUSEHOLDS WHO ANNUALLY JOIN OR RENEW THEIR MEMBERSHIP IN THE FOUNDATION ARE MEMBERS OF THE FOUNDATION. EQUALLY IMPORTANT, THE FOUNDATION SERVES AS A LAND TRUST TO PROTECT ECOLOGICALLY IMPORTANT LANDS NEAR THE GARDEN AND BEYOND. IT OWNS AND HOLDS CONSERVATION EASEMENTS ON OVER 300 ACRES OF LAND ADJACENT TO LANDS ALREADY PROTECTED BY THE GARDEN AND THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL.

Activities or mission (Part I)

TO PARTNER WITH THE NC BOTANICAL GARDEN TO CONSERVE OUR NATURAL HERITAGE.

  • THE NORTH CAROLINA BOTANICAL GARDEN FOUNDATION EXISTS TO SUPPORT THE PROGRAMS OF THE NORTH CAROLINA BOTANICAL GARDEN. THE GARDEN'S PROGRAMS AND ACHIEVEMENTS IN THE AREAS OF PUBLIC HORTICULTURE, LEARNING & COMMUNITY ENGAGEMENT, PLANT CONSERVATION, HERBARIUM AND RESEARCH ALONG WITH A DASHBOARD OF PUBLICATIONS, CLIENTS SERVED, AND PROGRAM REVENUES ARE MADE AVAILABLE IN THE GARDEN'S ANNUAL REPORT ONLINE AT HTTPS://NCBG.UNC.EDU/ABOUT/NEWSROOM/.

    Expenses $1,644,841 · Grants $1,613,376

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAMON WAITT

    EXECUTIVE DIRECTOR, EX-OFFICIO

    Total calculated
    $234,630
    From this org
    $0
    From related orgs
    $198,328
    Other
    $36,302
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $174,328 related
    Bonus
    $0
    Other
    $0 + $24,000 related
    Deferred
    $0 + $27,876 related
    Nontaxable benefits
    $0 + $8,426 related
    Filer's total
    $0 + $234,630 related

  • STEPHEN KEITH

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $174,782
    From this org
    $0
    From related orgs
    $133,756
    Other
    $41,026
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $133,756 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $33,282 related
    Nontaxable benefits
    $0 + $7,744 related
    Filer's total
    $0 + $174,782 related

  • MARCUS COLLINS

    ASSOCIATE PROVOST FOR ACADEMIC AND COMMUNITY ENGAG

    Total calculated
    $177,386
    From this org
    $0
    From related orgs
    $148,632
    Other
    $28,754
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $148,632 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $21,045 related
    Nontaxable benefits
    $0 + $7,709 related
    Filer's total
    $0 + $177,386 related

  • PATRICK BARRATT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KERRY BIRD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRIS BOGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MELANIE CHRISTIAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • VIVETTE JEFFRIES-LOGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JODIE LAPOINT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JANIS MCFARLAND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GAIL PERRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SIMS PRESTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TERRY BALL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DANIEL GUY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DEREK HAYNES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PATRICIA HOLDER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • APRIL JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ERIK LENSCH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LINDA MCLENDON

    PRESIDENT, GARDEN CLUB OF NC

    Total calculated
    $0
    Hours/week
    1

  • TED TEAGUE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THOMAS THORNBURG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOSIE WALKER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JULIE FURR YOUNGMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CAROL TRESOLINI

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • ANNE HARRIS

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • MIKE ANDREWS

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • JUDITH RIZZO

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • NIELS LAMEIJER

    TREASURER

    Total calculated
    $0
    Hours/week
    2

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

  • 2 · Substantiation required before reimbursing expenses

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

The filer's explanations (Part III)

PART I, LINE 3
THE FOUNDATION DOES NOT COMPENSATE ANY OF ITS BOARD MEMBERS OR OFFICERS. IF APPLICABLE, THE COMPENSATION OF BOARD MEMBERS AND/OR OFFICERS THAT ARE EMPLOYED BY THE UNIVERSITY OF NORTH CAROLINA-CHAPEL HILL, ARE REPORTED IN THE FOUNDATION'S 990. THEIR COMPENSATION IS SET AT THE DISCRETION OF THE UNIVERSITY.

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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
12 May 2025
IRS schema version
2023v6.0
Source object
202501349349303565

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

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