EDUCATION FOUNDATION SCHOLARSHIP ENDOWMENT TRUST

As filed

Subsection

03

NTEE code

B820

Classification

1000

Street

450 SKIPPER BOWLES DR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• DISTRIBUTIONS FROM THE SCHOLARSHIP TRUST ARE FORWARDED TO THE EDUCATIONAL FOUNDATION, INC. IN ITS CAPACITY AS AGENT FOR THE TRUST. THE FOUNDATION THEN FORWARDS THESE DISTRIBUTIONS DIRECTLY TO THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL TO PROVIDE FINANCIAL ASSISTANCE TO OVER 550 STUDENT-ATHLETES AT THE UNIVERSITY.

  Expenses $16,596,503 · Grants $16,596,503

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $19,702,991

  Expenses

  $16,848,333

  Contributions

  $2,161,096

  Grants paid

  $16,596,503

• 2023

  Revenue

  $23,391,900

  Expenses

  $15,179,740

  Contributions

  $6,801,297

  Grants paid

  $15,351,880

• 2022

  Revenue

  $25,424,536

  Expenses

  $14,052,980

  Contributions

  $10,038,228

  Grants paid

  $13,975,259

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $25,037,284

  Expenses

  $12,994,195

  Assets (EOY)

  $400,369,374

• 2020 · 990

  Revenue

  $25,351,334

  Expenses

  $12,344,558

  Assets (EOY)

  $389,903,195

• 2019 · 990

  Revenue

  $17,928,472

  Expenses

  $11,748,217

  Assets (EOY)

  $284,255,415

• 2018 · 990

  Revenue

  $21,579,390

  Expenses

  $11,260,488

  Assets (EOY)

  $287,135,487

• 2017 · 990

  Revenue

  $25,227,168

  Expenses

  $10,931,913

  Assets (EOY)

  $268,950,460

• 2016 · 990

  Revenue

  $18,603,054

  Expenses

  $10,553,783

  Assets (EOY)

  $241,319,053

• 2015 · 990

  Revenue

  $13,254,885

  Expenses

  $10,429,259

  Assets (EOY)

  $220,197,030

• 2014 · 990

  Revenue

  $13,432,054

  Expenses

  $10,228,784

  Assets (EOY)

  $232,725,483

• 2013 · 990

  Revenue

  $12,185,515

  Expenses

  $9,586,869

  Assets (EOY)

  $221,212,043

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $9,585,732

  Assets (EOY)

  $200,401,457

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• THE EDUCATIONAL FOUNDATION INC

  $16,596,503

  2024 · SCHOLARSHIPS

• THE EDUCATIONAL FOUNDATION INC

  $15,351,880

  2023 · SCHOLARSHIPS

• THE EDUCATIONAL FOUNDATION INC

  $13,975,259

  2022 · SCHOLARSHIPS

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files