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← UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION

Form 990 for tax year 2023

Filed by UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION.

Totals

Total revenue
$957,719
Total expenses
$2,747,929
Contributions and grants received
$830,432
Grants paid
$2,574,687
Program service revenue
$0
Investment income
$127,287
Other revenue
$0
Total assets, end of year
$50,181,949
Total liabilities, end of year
$29,809
Net assets or fund balances, end of year
$50,152,140
Program services expenses (Part IX)
$2,574,687
Management and general expenses
$45,830
Fundraising expenses
$127,412
Program service expenses (Part III)
$2,574,687

Program services were 93.7% 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

    $830,432

  • 1g · Noncash contributions included above

    $176,168

  • 3 · Investment income

    total $127,287 · excluded $127,287

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,574,687 · program services $2,574,687

  • 11g · Fees: other

    total $27,784 · management and general $27,784

  • 13 · Office expenses

    total $41,743 · fundraising $41,743

  • 17 · Travel

    total $32,696 · fundraising $32,696

  • 19 · Conferences, conventions and meetings

    total $36,387 · fundraising $36,387

  • 23 · Insurance

    total $1,459 · management and general $1,459

  • 24a · Other expenses: OTHER

    total $17,898 · management and general $8,949 · fundraising $8,949

  • 24b · Other expenses: CONTRACT SERVICES

    total $15,275 · management and general $7,638 · fundraising $7,637

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $5,728,158 · end of year $5,637,415

  • 3 · Pledges and grants receivable

    beginning of year $3,176,485 · end of year $2,675,659

  • 4 · Accounts receivable

    beginning of year $250,529 · end of year $300,529

  • 12 · Investments: other securities

    beginning of year $38,280,924 · end of year $41,480,549

  • 15 · Other assets

    beginning of year $93,545 · end of year $87,797

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,448 · end of year $29,809

  • 27 · Net assets without donor restrictions

    beginning of year $6,902,005 · end of year $7,404,059

  • 28 · Net assets with donor restrictions

    beginning of year $40,623,188 · end of year $42,748,081

Mission and programs · 2023

Mission

TO PROVIDE FUNDS TO THE HUSSMAN SCHOOL OF JOURNALISM AND MEDIA AT UNC CHAPEL HILL FOR SCHOLARSHIPS, STUDENT & STAFF SUPPORT, AND OTHER USES.

Activities or mission (Part I)

TO SUPPORT FUNDRAISING AT THE UNC HUSSMAN SCHOOL OF JOURNALISM AND MEDIA FOUNDATION. THE FOUNDATION'S RESPONSIBILITY IS TO TRAIN THE NEXT GENERATION OF MEDIA PROFESSIONALS, INCLUDING JOURNALISTS, STRATEGIC COMMUNICATORS, TEACHERS AND RESEARCHERS, AND TO SERVE JOURNALISM AND COMMUNICATION PROFESSIONALS.WE HOLD TRUE TO THE CORE PRINCIPLES OF MEDIA AND JOURNALISM EDUCATION WHILE LEADING THE TRANSFORMATION IN THE DIGITAL COMMUNICATIONS ENVIRONMENT. WE HARNESS TECHNOLOGY TO ENHANCE OUR MISSION OF TEACHING, RESEARCH AND SERVICE. THE RESULT IS A HIGHLY ENGAGED SCHOOL WITH A SIGNIFICANT VOICE IN THE EVOLVING ISSUES OF OUR TIME. THE MOST RECENT REPORT BY THE ACCREDITING COUNCIL ON EDUCATION IN JOURNALISM AND MASS COMMUNICATIONS SAID THE SCHOOL "HAS EARNED A REPUTATION AS ONE OF THE PREMIER PROGRAMS IN JOURNALISM AND MASS COMMUNICATION."

  • TO PROVIDE FUNDS TO THE HUSSMAN SCHOOL OF JOURNALISM AND MEDIA AT UNC CHAPEL HILL FOR SCHOLARSHIPS, STUDENTS, FACULTY AND STAFF SUPPORT, AND OTHER USES.

    Expenses $2,574,687 · Grants $2,574,687

As filed on the 2023 return.

Listed in Part VII

  • Greg Johnson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Donna Curtis McClatchey

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Raul Reis

    SECRETARY

    Total calculated
    $0
    Hours/week
    18

  • Mark Harden

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Ford Worthy

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Tj Abrams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Catherine Rheul Becker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Lee Burrows

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • David Crabtree

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Latoya Evans

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Eliza Gaines

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Hood

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Julia Huang

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Alan Marks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Fabiana Ramirez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Rochelle Riley

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Linda Rizk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dwight Scott

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kristy Thompson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • David Woronoff

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
4 March 2025
IRS schema version
2023v6.0
Source object
202510789349301001

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