Form 990 for tax year 2024
Filed by UNC ESHELMAN SCHOOL OF PHARMACY FOUNDATION.
Totals
- Total revenue
- $3,263,932
- Total expenses
- $5,026,651
- Contributions and grants received
- $3,020,405
- Grants paid
- $3,641,117
- Program service revenue
- $0
- Investment income
- $239,809
- Other revenue
- $3,718
- Total assets, end of year
- $91,074,336
- Total liabilities, end of year
- $91,545
- Net assets or fund balances, end of year
- $90,982,791
- Program services expenses (Part IX)
- $3,912,889
- Management and general expenses
- $503,236
- Fundraising expenses
- $610,526
- Program service expenses (Part III)
- $3,912,889
Program services were 77.8% 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.
-
1f · All other contributions, gifts and grants
$3,020,405
-
3 · Investment income
total $239,809 · excluded $239,809
-
11a · Other revenue: MISCELLANEOUS
total $3,718 · related or exempt $3,718
-
11e · Other revenue, total
$3,718
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,581,892 · program services $3,581,892
-
2 · Grants to domestic individuals
total $59,225 · program services $59,225
-
11a · Fees: management
total $906,362 · program services $271,772 · management and general $338,714 · fundraising $295,876
-
11b · Fees: legal
total $820 · management and general $820
-
11c · Fees: accounting
total $20,200 · management and general $20,200
-
11g · Fees: other
total $3,209 · management and general $3,209
-
13 · Office expenses
total $22,945 · management and general $22,945
-
14 · Information technology
total $17,960 · management and general $17,960
-
16 · Occupancy
total $56,352 · management and general $56,352
-
17 · Travel
total $2,984 · management and general $2,984
-
19 · Conferences, conventions and meetings
total $5,258 · management and general $5,258
-
22 · Depreciation, depletion and amortization
total $30,334 · management and general $30,334
-
23 · Insurance
total $4,460 · management and general $4,460
-
24a · Other expenses: DEVELOPMENT ADMIN FEES
total $148,036 · fundraising $148,036
-
24b · Other expenses: DEVELOPMENT EXPENSES
total $117,210 · fundraising $117,210
-
24c · Other expenses: BAD DEBT EXPENSE
total $48,200 · fundraising $48,200
-
24d · Other expenses: PRINTING AND MAILING
total $1,204 · fundraising $1,204
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $267,211 · end of year $472,838
-
2 · Savings and temporary cash investments
beginning of year $10,209,649 · end of year $10,070,881
-
3 · Pledges and grants receivable
beginning of year $235,935 · end of year $386,949
-
10a · Land, buildings and equipment: cost or other basis
$1,209,859
-
10b · Land, buildings and equipment: accumulated depreciation
$445,650
-
10c · Land, buildings and equipment, net
beginning of year $794,543 · end of year $764,209
-
12 · Investments: other securities
beginning of year $72,460,088 · end of year $79,028,990
-
15 · Other assets
beginning of year $377,205 · end of year $350,469
-
17 · Accounts payable and accrued expenses
beginning of year $63,109 · end of year $91,545
-
27 · Net assets without donor restrictions
beginning of year $4,303,813 · end of year $4,618,082
-
28 · Net assets with donor restrictions
beginning of year $79,977,709 · end of year $86,364,709
Mission and programs · 2024
Mission
THE MISSION OF THE FOUNDATION IS: TO FOSTER AND PROMOTE THE PROFESSION OF PHARMACY AND PHARMACEUTICAL EDUCATION AND RESEARCH EXCLUSIVELY AT THE UNC ESHELMAN SCHOOL OF PHARMACY.
-
FACULTY SUPPORT - FINANCIAL SUPPORT FOR THE UNC ESHELMAN SCHOOL OF PHARMACY FOR FACULTY RESEARCH INCLUDING LAB EQUIPMENT, SALARIES AND TEACHING INNOVATION PROJECTS. FUNDING OF VARIOUS PROJECTS DIRECTLY IMPACTS 30+ FACULTY MEMBERS. THE MAJORITY OF FACULTY BENEFIT INDIRECTLY FROM SUPPORT.
Expenses $1,203,969 · Grants $932,197
-
STUDENT SUPPORT - SCHOLARSHIPS AWARDED TO 156 PHARMACY STUDENTS, SEVEN GRADUATE FELLOWSHIPS, STIPENDS FOR TRAVEL TO PROFESIONAL MEETINGS FOR APPROXIMATELY 154 PHARMD STUDENTS. FUNDING FOR GRADUATION CEREMONIES AND OTHER STUDENT ACTIVITIES.
Expenses $1,943,998 · Grants $1,943,998
-
SCHOOL OF PHARMACY BUILDING PROJECTS--FUNDS TRANSFERRED TO THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOR VARIOUS BUILDING PROJECTS SUPPORTING EDUCATIONAL FACILITIES AT THE UNC ESHELMAN SCHOOL OF PHARMACY.
Expenses $29,323 · Grants $29,323
-
OPERATIONAL SUPPORT - SUPPORT OF OFFICE EXPENSES, TRAVEL AND OFFICIAL FUNCTIONS OF THE DEAN OF THE UNC ESHELMAN SCHOOL OF PHARMACY.
Expenses $735,599 · Grants $735,599
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
PING ROGERS
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
JANET EDWARDS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
MARY HOOKS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
GREG VASSIE
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
LOUIS NEWSOME
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
DIANNE KAPHERR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SARAH COBB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RASHONDA BURKETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ROB BARRETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NEAL FOWLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RICK GRAHAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LINDA BUTLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER BUXTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CHAMP BURGESS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
AMY GREESON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
PATTI ROUSE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
TAB WALDROP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LYNN WALTERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JOSEPH ABDALLA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
GARY YINGLING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RICK WHITESELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DONALD HARVEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JIVAN MOADDEB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JEFF NEW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ANGELA KASHUBA
DEAN-ESHELMAN SCHOOL OF PH
- Total calculated
- $462,747
- From this org
- $0
- From related orgs
- $405,587
- Other
- $57,160
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $383,587 related
- Bonus
- $0 + $20,000 related
- Other
- $0 + $2,000 related
- Deferred
- $0 + $48,411 related
- Nontaxable benefits
- $0 + $8,749 related
- Filer's total
- $0 + $462,747 related
-
KELLY COLLINS
PRESIDENT, ASSOCIATE DEAN
- Total calculated
- $317,678
- From this org
- $0
- From related orgs
- $266,674
- Other
- $51,004
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $265,834 related
- Bonus
- $0
- Other
- $0 + $840 related
- Deferred
- $0 + $38,151 related
- Nontaxable benefits
- $0 + $12,853 related
- Filer's total
- $0 + $317,678 related
-
JACQUELINE FEASTER
VICE PRESIDENT FINANCE & PROGRAM OPERATIONS
- Total calculated
- $190,667
- From this org
- $0
- From related orgs
- $134,450
- Other
- $56,217
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $132,860 related
- Bonus
- $0 + $750 related
- Other
- $0 + $840 related
- Deferred
- $0 + $35,669 related
- Nontaxable benefits
- $0 + $20,548 related
- Filer's total
- $0 + $190,667 related
-
KIRSTEN BEATTIE
VICE PRESIDENT OF DEVELOPMENT
- Total calculated
- $179,803
- From this org
- $0
- From related orgs
- $149,147
- Other
- $30,656
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $147,557 related
- Bonus
- $0 + $750 related
- Other
- $0 + $840 related
- Deferred
- $0 + $20,921 related
- Nontaxable benefits
- $0 + $9,735 related
- Filer's total
- $0 + $179,803 related
-
MEGHAN HAUSER
DIRECTOR OF INDUSTRY AND F
- Total calculated
- $171,928
- From this org
- $0
- From related orgs
- $129,990
- Other
- $41,938
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $129,150 related
- Bonus
- $0
- Other
- $0 + $840 related
- Deferred
- $0 + $32,099 related
- Nontaxable benefits
- $0 + $9,839 related
- Filer's total
- $0 + $171,928 related
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
The filer's explanations (Part III)
- PART I, LINE 3
- ALL STAFF 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.
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
-
UNIVERSITY OF NC ESHELMAN SCH OF PHARMACY
$3,581,892
EDUCATIONAL SUPPORT
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.
-
UNC ESHELMAN SCHOOL OF PHARMACY
PHARMACY EDUCATION · NC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543459349300104
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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