UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION INC (EIN 59-1711424)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202411369349314761
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T15:51:43-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 135565207 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KPMG LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 W 5TH ST STE 800 | AddressLine1Txt |
| City | WINSTONSALEM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27101 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 591711424 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE UNIVERSITY OF NORTH CAROLINA | BusinessNameLine1Txt |
| Business Name Line2 | AT CHAPEL HILL FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | UNIV | BusinessNameControlTxt |
| Phone | 9199628511 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 SOUTH BUILDING CB1000 | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 275991000 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL ANDREASEN | PersonNm |
| Person Title | VP, SECRETARY, & ED | PersonTitleTxt |
| Phone | 9199628511 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | ANDREASEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SHAWN HUTCHINSON | PreparerPersonNm |
| PTIN | P01048557 | PTIN |
| Phone | 3362753394 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | MICHAEL ANDREASEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 SOUTH BUILDING | AddressLine1Txt |
| City | CB CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27599 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $83,357,581 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1977 | FormationYr |
| Legal Domicile State | NC | LegalDomicileStateCd |
| Activity Or Mission | SEE SCHEDULE O | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 15 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 16 | TotalVolunteersCnt |
| Total Gross UBI | $9,211 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $5,026 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $23,546,212 | PYContributionsGrantsAmt |
| CY Contributions Grants | $32,516,371 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$812,513 | PYInvestmentIncomeAmt |
| CY Investment Income | $6,888,104 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $22,733,699 | PYTotalRevenueAmt |
| CY Total Revenue | $39,404,475 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $21,319,636 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $34,843,617 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,584,301 | PYOtherExpensesAmt |
| CY Other Expenses | $6,079,789 | CYOtherExpensesAmt |
| PY Total Expenses | $25,903,937 | PYTotalExpensesAmt |
| CY Total Expenses | $40,923,406 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$3,170,238 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,518,931 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $706,594,306 | TotalAssetsBOYAmt |
| Total Assets EOY | $687,424,676 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $91,280,895 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $80,228,636 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $615,313,411 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $607,196,040 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO AID, SUPPORT, AND PROMOTE TEACHING, RESEARCH, AND SERVICE IN THE VARIOUS EDUCATIONAL, SCIENTIFIC, SCHOLARLY, PROFESSIONAL, ARTISTIC, AND CREATIVE ENDEAVORS OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $34,843,617 | ExpenseAmt |
| Grant | $34,843,617 | GrantAmt |
| Desc | GRANTS ARE TO OR FOR THE BENEFIT OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. | Desc |
| Total Program Service Expenses | $34,843,617 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (1) | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | Yes (1) | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 10 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 15 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATHAN KNUFFMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9199627241 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 300 SOUTH BUILDING CB1000 | AddressLine1Txt |
| City | CHAPEL HILL | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27599 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| DAVID BOLIEK | ||||||||
| CHAIR, DIRECTOR & PRES. | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOHN TOWNSEND | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| LEE LESLEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN PREYER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BRIEN WHITE | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NATHAN KNUFFMAN | ||||||||
| DIR. & TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $407,264 | $83,009 | 40.00 | |
| ANNE BRENNAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL KENNEDY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KEVIN GUSKIEWICZ | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $654,586 | $245,004 | 40.00 | ||
| ED FRITSCH | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JEN EVANS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID CRAVER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MUNROE COBEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID CARROLL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| TERESA ARTIS NEAL | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $4,178 | $0 | |||
| JAMES KEITH BROWN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SPENCE WHITMAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEVE AGOSTINI | ||||||||
| ASSISTANT VP | 1.00 | Yes (X) | $0 | $344,354 | $44,932 | 40.00 | ||
| ELIZABETH AYERS | ||||||||
| ASSISTANT VP | 1.00 | Yes (X) | $0 | $210,644 | $60,987 | 40.00 | ||
| JENNIFER BOWMAN | ||||||||
| ASST. SECRETARY & ASST. VP | 1.00 | Yes (X) | $0 | $150,274 | $41,693 | 40.00 | ||
| DAVID CHURCHILL | ||||||||
| ASSISTANT VP | 1.00 | Yes (X) | $0 | $194,781 | $55,190 | 40.00 | ||
| BRUCE WARRINGTON | ||||||||
| ASSISTANT VP | 1.00 | Yes (X) | $0 | $135,775 | $44,002 | 40.00 | ||
| DAVID ROUTH | ||||||||
| VP, SECRETARY & ED (THRU. DEC. 2022) | 1.00 | Yes (X) | $0 | $1,058,573 | $61,030 | 40.00 | ||
| CHANDRIKA RAO | ||||||||
| ASSISTANT VP | 1.00 | Yes (X) | $0 | $177,529 | $55,039 | 40.00 | ||
| GORDON MERKLEIN | ||||||||
| ASSISTANT VP | 1.00 | Yes (X) | $0 | $338,925 | $53,200 | 40.00 | ||
| CANDACE CLARK | ||||||||
| ASSISTANT VP | 1.00 | Yes (X) | $0 | $166,539 | $31,073 | 40.00 | ||
| MICHAEL ANDREASEN | ||||||||
| VP, SECRETARY & ED (BEG. JAN. 2023) | 1.00 | Yes (X) | $0 | $0 | $0 | 40.00 | ||
| CYNTHIA BUTLER | ||||||||
| ASSISTANT VP | 1.00 | $0 | $194,789 | $26,988 | 40.00 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $4,038,211 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $802,147 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KASPICK & COMPANY LLC | |||||
| 203 REDWOOD SHORES PARKWAY STE 300 | REDWOOD SHORE | CA | 94065 | ANNUITY MANAGEMENT | $354,790 |
| SCHELL BRAY PLLC | |||||
| PO BOX 21847 | GREENSBORO | NC | 27420 | LEGAL SERVICES | $129,018 |
| KPMG LLP | |||||
| 500 W 5TH ST STE 800 | WINSTONSALEM | NC | 27101 | TAX AND AUDIT SERVICES | $103,700 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $32,516,371 | AllOtherContributionsAmt |
| Noncash Contributions | $2,220,569 | NoncashContributionsAmt |
| Total Contributions | $32,516,371 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,313,766 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $9,211 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,304,555 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $48,527,444 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $43,953,106 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,574,338 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,574,338 | TotalRevenueColumnAmt |
| Exclusion | $4,574,338 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $39,404,475 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $9,211 | UnrelatedBusinessRevenueAmt |
| Exclusion | $6,878,893 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,843,617 | TotalAmt |
| Program Services | $34,843,617 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183,804 | TotalAmt |
| Management And General | $183,804 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,700 | TotalAmt |
| Management And General | $95,700 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,333 | TotalAmt |
| Management And General | $24,333 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| UNIVERSITY SUPPORT | $5,602,418 | $5,602,418 |
| MAINTENANCE AND OTHER | $173,534 | $173,534 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,923,406 | TotalAmt |
| Program Services | $34,843,617 | ProgramServicesAmt |
| Management And General | $6,079,789 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,904,339 | BOYAmt |
| EOY | $7,578,403 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,904,924 | BOYAmt |
| EOY | $42,716,223 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,494,264 | BOYAmt |
| EOY | $13,559,662 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $375,830 | BOYAmt |
| EOY | $814,693 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $5,000 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000 | BOYAmt |
| EOY | $5,000 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $611,712,548 | BOYAmt |
| EOY | $576,850,222 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $45,197,401 | BOYAmt |
| EOY | $45,900,473 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $706,594,306 | BOYAmt |
| EOY | $687,424,676 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $48,093 | BOYAmt |
| EOY | $92,063 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,232,802 | BOYAmt |
| EOY | $80,136,573 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $91,280,895 | BOYAmt |
| EOY | $80,228,636 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,434,774 | BOYAmt |
| EOY | $86,597,078 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $520,878,637 | BOYAmt |
| EOY | $520,598,962 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $615,313,411 | BOYAmt |
| EOY | $607,196,040 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $706,594,306 | BOYAmt |
| EOY | $687,424,676 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,518,931 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$7,872,497 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $1,274,057 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,959,461 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,663,130 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $30,073,576 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,546,212 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $32,516,371 | CurrentTaxYearAmt |
| Total | $128,758,750 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $21,959,461 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $20,663,130 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $30,073,576 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $23,546,212 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $32,516,371 | CurrentTaxYearAmt |
| Total | $128,758,750 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $16,614,732 | SubstantialContributorsTotAmt |
| Public Support Total170 | $112,144,018 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,877,761 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,029,544 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,947,493 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,638,044 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,313,766 | CurrentTaxYearAmt |
| Total | $9,806,608 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $138,565,358 | TotalSupportAmt |
| Public Support CY170 | 0.80930 | PublicSupportCY170Pct |
| Public Support PY170 | 0.78220 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Funds And Other Accounts Held | 5 | FundsAndOtherAccountsHeldCnt |
| Funds And Other Accounts Contri | $0 | FundsAndOtherAccountsContriAmt |
| Funds And Other Accounts Grants | $140,789 | FundsAndOtherAccountsGrantsAmt |
| Funds And Other Accounts Vl EOY | $989,455 | FundsAndOtherAccountsVlEOYAmt |
| Disclosed Org Leg Ctrl | Yes (1) | DisclosedOrgLegCtrlInd |
| Disclosed For Charitable Prps | Yes (1) | DisclosedForCharitablePrpsInd |
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $436,307 | RevenuesIncludedAmt |
| Assets Included | $42,837,291 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Coll Used Loan Or Exch Prog | Yes (X) | CollUsedLoanOrExchProgInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $544,734,793 | BeginningYearBalanceAmt |
| Contributions | $20,546,676 | ContributionsAmt |
| Investment Earnings Or Losses | -$15,643,363 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $22,679,289 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $5,602,418 | AdministrativeExpensesAmt |
| End Year Balance | $521,356,399 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $528,171,982 | BeginningYearBalanceAmt |
| Contributions | $19,885,511 | ContributionsAmt |
| Investment Earnings Or Losses | $21,608,121 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,764,034 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $4,166,787 | AdministrativeExpensesAmt |
| End Year Balance | $544,734,793 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $348,997,829 | BeginningYearBalanceAmt |
| Contributions | $21,272,348 | ContributionsAmt |
| Investment Earnings Or Losses | $180,507,494 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $18,848,350 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,757,339 | AdministrativeExpensesAmt |
| End Year Balance | $528,171,982 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $343,789,971 | BeginningYearBalanceAmt |
| Contributions | $17,673,346 | ContributionsAmt |
| Investment Earnings Or Losses | $8,737,563 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $17,684,404 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,518,647 | AdministrativeExpensesAmt |
| End Year Balance | $348,997,829 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $316,281,620 | BeginningYearBalanceAmt |
| Contributions | $9,438,833 | ContributionsAmt |
| Investment Earnings Or Losses | $25,516,862 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $16,240,170 | GrantsOrScholarshipsAmt |
| Administrative Expenses | $3,167,054 | AdministrativeExpensesAmt |
| End Year Balance | $331,830,091 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.10115 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.89885 | PrmnntEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | Yes (1) | EndowmentsHeldRelatedOrgInd |
| Related Org List Sch R | Yes (1) | RelatedOrgListSchRInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $5,000 | OtherCostOrOtherBasisAmt |
| Book Value | $5,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $5,000 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENT FUND | $537,495,487 | F |
| OTHER INVESTMENT SECURITIES | $38,746,727 | F |
| REAL ESTATE | $608,008 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $576,850,222 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ARTWORK | $42,837,291 |
| CASH SURRENDER VALUE LIFE INS | $3,037,291 |
| OTHER ASSETS | $25,891 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $45,900,473 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| LIABILITIES UNDER SPLIT-INTEREST AG | $57,457,779 |
| DUE TO UNIVERSITY OF NORTH CAR | $6,221,398 |
| DEFERRED INFLOW OF RESOURCES | $16,457,396 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $80,136,573 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 4: | THE COLLECTION OF THE ACKLAND ART MUSEUM INCLUDES APPROXIMATELY 4,500 WORKS OF ART DONATED TO THE FOUNDATION IN A VARIETY OF MEDIUMS. THESE PIECES OF ARTWORK AID, SUPPORT, AND PROMOTE TEACHING, RESEARCH, AND SERVICE IN THE ARTISTIC AND CREATIVE ENDEAVOR OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. |
| PART X, LINE 2: | THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), AND IS FURTHER CLASSIFIED AS A PUBLIC CHARITY UNDER THE PROVISIONS OF SECTION 509(A)(1) OF THE CODE. THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAXES; HOWEVER, THERE WERE NO SUCH TAXES IN 2023 OR 2022 AND, ACCORDINGLY, A PROVISION HAS NOT BEEN MADE IN THE FINANCIAL STATEMENTS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $1,772,048 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $1,772,048 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $1,772,048 | TotalSpentAmt |
| Transfer To Foreign Corp | Yes (1) | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| SCHEDULE F, PART I AND PART IV: | THE FOUNDATION WAS GIFTED A PRIVATE EQUITY HOLDING IN A FOREIGN CORPORATION. THE PROCEEDS FROM THE GIFT ARE DIRECTED FOR THE BENEFIT OF THE UNC HEALTH FOUNDATION, INC. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL | ||||||||||
| 104 AIRPORT DRIVE CB 1000 | CHAPEL HILL | NC | 275991000 | 566001393 | 501(C)3 | $26,343,617 | $0 | N/A | N/A | SUPPORT UNC'S MISSION |
| CHAPEL HILL FDN REAL ESTATE HOLDINGS INC | ||||||||||
| CAMERON AVE 300 BLDG CB 100 | CHAPEL HILL | NC | 275991000 | 262858176 | 501(C)3 | $8,500,000 | $0 | N/A | N/A | SUPPORT REH'S MISSION |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | MONITORING THE USE OF GRANT FUNDS GRANTS MADE BY THE ORGANIZATION WERE MADE TO A PUBLIC CHARITY FOR USE IN ITS EXEMPT MISSION. ACCORDINGLY, THE ORGANIZATION EXPECTS THE CHARITY TO USE THE FUNDS FOR PROPER PURPOSES, AND AS SUCH, DOES NOT SUBSEQUENTLY MONITOR THE GRANT. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID ROUTH | ||||||||||||||
| VP, SECRETARY & ED (THRU. DEC. 2022) | $0 | $478,510 | $0 | $181,271 | $0 | $398,792 | $0 | $42,182 | $0 | $18,848 | $0 | $1,119,603 | $0 | $0 |
| KEVIN GUSKIEWICZ | ||||||||||||||
| DIRECTOR | $0 | $641,776 | $0 | $0 | $0 | $12,810 | $0 | $227,052 | $0 | $17,952 | $0 | $899,590 | $0 | $0 |
| NATHAN KNUFFMAN | ||||||||||||||
| DIR. & TREASURER | $0 | $396,944 | $0 | $0 | $0 | $10,320 | $0 | $74,725 | $0 | $8,284 | $0 | $490,273 | $0 | $0 |
| GORDON MERKLEIN | ||||||||||||||
| ASSISTANT VP | $0 | $321,920 | $0 | $16,165 | $0 | $840 | $0 | $42,182 | $0 | $11,018 | $0 | $392,125 | $0 | $0 |
| STEVE AGOSTINI | ||||||||||||||
| ASSISTANT VP | $0 | $301,210 | $0 | $16,144 | $0 | $27,000 | $0 | $42,182 | $0 | $2,750 | $0 | $389,286 | $0 | $0 |
| ELIZABETH AYERS | ||||||||||||||
| ASSISTANT VP | $0 | $194,506 | $0 | $9,898 | $0 | $6,240 | $0 | $51,565 | $0 | $9,422 | $0 | $271,631 | $0 | $0 |
| DAVID CHURCHILL | ||||||||||||||
| ASSISTANT VP | $0 | $190,431 | $0 | $4,000 | $0 | $350 | $0 | $48,976 | $0 | $6,214 | $0 | $249,971 | $0 | $0 |
| CHANDRIKA RAO | ||||||||||||||
| ASSISTANT VP | $0 | $169,019 | $0 | $8,510 | $0 | $0 | $0 | $43,978 | $0 | $11,061 | $0 | $232,568 | $0 | $0 |
| CYNTHIA BUTLER | ||||||||||||||
| ASSISTANT VP | $0 | $147,465 | $0 | $0 | $0 | $47,324 | $0 | $22,055 | $0 | $4,933 | $0 | $221,777 | $0 | $0 |
| CANDACE CLARK | ||||||||||||||
| ASSISTANT VP | $0 | $158,707 | $0 | $7,832 | $0 | $0 | $0 | $22,483 | $0 | $8,590 | $0 | $197,612 | $0 | $0 |
| JENNIFER BOWMAN | ||||||||||||||
| ASST. SECRETARY & ASST. VP | $0 | $141,834 | $0 | $7,600 | $0 | $840 | $0 | $21,726 | $0 | $19,967 | $0 | $191,967 | $0 | $0 |
| BRUCE WARRINGTON | ||||||||||||||
| ASSISTANT VP | $0 | $128,485 | $0 | $6,450 | $0 | $840 | $0 | $33,601 | $0 | $10,401 | $0 | $179,777 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 1A | HEALTH/SOCIAL CLUB DUES DAVID ROUTH AND KEVIN GUSKIEWICZ RECEIVED CLUB MEMBERSHIP DUES. BUSINESS USE IS NOT TREATED AS TAXABLE COMPENSATION TO THE RECIPIENT. ANY PERSONAL USE IS TREATED AS TAXABLE COMPENSATION TO THE RECIPIENT. |
| PART I, LINE 3 | COMPENSATION REVIEW THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION, INC. DOES NOT HAVE EMPLOYEES. RELATED ORGANIZATION COMPENSATION IS PROVIDED BY THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. |
| PART I, LINE 4B | SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN KEVIN GUSKIEWICZ PARTICIPATED IN A 401(A)/415(M) RETIREMENT PLAN OF THE UNIVERSITY OF NORTH CAROLINA. CONTRIBUTIONS OF $164,817 WERE MADE WITH RESPECT TO CALENDAR YEAR 2022 OF THE 401(A)/415(M) PLAN. |
| PART I, LINE 7 | NONFIXED PAYMENTS DAVID ROUTH RECEIVED $337,500 IN NON-SALARY COMPENSATION FROM THE FILING ORGANIZATION IN SUPPORT OF HIS SERVICES TO THE UNIVERSITY. PAYMENTS WERE MADE TO SUPPORT THE UNIVERSITY IN RETAINING THE VICE CHANCELLOR FOR DEVELOPMENT ROUTH FOR THE DURATION OF THE $4.25 BILLION CAMPAIGN FOR CAROLINA. THESE RETENTION PAYMENTS WERE MADE AT THE REQUEST OF THE UNIVERSITY BOARD OF TRUSTEES ON RECOMMENDATION OF THE UNIVERSITY CHANCELLOR IN ACCORDANCE WITH UNIVERSITY POLICY. THE RETENTION PAYMENT WAS BASED ON COMPENSATION COMPARISONS BY THE UNIVERSITY. THE FILING ORGANIZATION'S BOARD OF DIRECTORS CONSIDERED AND APPROVED THE RETENTION PAYMENTS, CONSISTENT WITH ITS OWN POLICIES AND PURPOSE. |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 23 | ContributionCnt |
| Noncash Contributions Rpt F990 | $436,307 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 33 | ContributionCnt |
| Noncash Contributions Rpt F990 | $1,784,262 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 10 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | Yes (1) | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 32B: | FormAndLineReferenceDesc |
| Explanation | USE OF THIRD PARTIES THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION, INC. USES THIRD PARTY STOCK BROKERS TO PROCESS NON-CASH CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART I, LINE 1 | TO AID, SUPPORT, AND PROMOTE TEACHING, RESEARCH, AND SERVICE IN THE VARIOUS EDUCATIONAL, SCIENTIFIC, SCHOLARLY, PROFESSIONAL, ARTISTIC, AND CREATIVE ENDEAVORS OF UNC-CH. |
| FORM 990, PART VI, SECTION A, LINE 1A | PER THE BYLAWS OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION, INC., WITH THE EXCEPTION OF THE CHIEF DEVELOPMENT OFFICER OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL, EACH MEMBER OF THE BOARD OF DIRECTORS SHALL BE ENTITLED TO ONE VOTE ON ALL MATTERS COMING BEFORE THE BOARD. |
| FORM 990, PART VI, SECTION A, LINE 2 | FAMILY OR BUSINESS RELATIONSHIPS THE CHAIRMAN AND PRESIDENT OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION, INC. AND SEVERAL OTHER BOARD MEMBERS ARE ALSO TRUSTEES OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. SEVERAL BOARD MEMBERS AND OFFICERS ARE ALSO EMPLOYEES OF THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. THEREFORE, THE FOLLOWING INDIVIDUALS ARE DEEMED TO HAVE A BUSINESS RELATIONSHIP: DAVID ROUTH, KEVIN GUSKIEWICZ, NATHAN KNUFFMAN, JENNIFER BOWMAN, ELIZABETH AYERS, DAVID CHURCHILL, ROBERT WARRINGTON, GORDON MERKLEIN, STEPHEN AGOSTINI, CHANDRIKA RAO, DAVID BOLIEK, TERESA ARTIS NEAL, CANDACE CLARK, MICHAEL ANDREASEN, AND JOHN PREYER. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION IS COMPOSED OF NINETEEN MEMBERS. NINE OF THE MEMBERS ARE EX OFFICIO DIRECTORS. THE REMAINING TEN MEMBERS ARE ELECTED DIRECTORS, WHO ARE ELECTED TO MEMBERSHIP ON THE BOARD OF DIRECTORS BY ACTION OF THE NINE EX OFFICIO DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 11B | BOARD REVIEW OF FORM 990 FORM 990 WAS PREPARED BY INDEPENDENT CONTRACTORS. A DRAFT FORM 990 WAS DISTRIBUTED TO AND REVIEWED BY THE EXECUTIVE DIRECTOR. A DRAFT FORM 990 PUBLIC INSPECTION COPY WAS DISTRIBUTED TO AND REVIEWED BY LEGAL COUNSEL, AUDIT COMMITTEE, TREASURER, AND THE CHAIRMAN/PRESIDENT OF THE BOARD. BASED ON THE FEEDBACK PROVIDED, MANAGEMENT UPDATED THE DRAFT FORM 990. A COPY OF THE RETURN MADE AVAILABLE FOR PUBLIC INSPECTION WAS PROVIDED TO THE COMPLETE BOARD PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICT OF INTEREST POLICY THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION, INC. HAS A CONFLICT OF INTEREST POLICY. IT IS THE RESPONSIBILITY OF EACH BOARD MEMBER TO ANNUALLY NOTIFY THE FOUNDATION OF ANY POTENTIAL CONFLICTS. THE ORGANIZATION'S ANNUAL NOTIFICATION PROCESS SERVES AS ITS PROCESS FOR MONITORING POTENTIAL CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION REVIEW THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL FOUNDATION, INC. DOES NOT HAVE EMPLOYEES. RELATED ORGANIZATION COMPENSATION IS PROVIDED FOR SERVICES TO THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST SUBMITTED TO THE ASSISTANT SECRETARY OF THE FOUNDATION. |
| FORM 990, PART XI, LINE 9: | CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 1,274,057. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UNC-CHAPEL HILL | |||||||||||
| 104 AIRPORT DRIVE CB 1000 | CHAPEL HILL | NC | 27599 | 566001393 | EDUCATION | NC | 501(C)(3) | LINE 2 | N/A | 0 | |
| UNC-CH FOUNDATION INVESTMENT FUND INC | |||||||||||
| 104 AIRPORT DRIVE SUITE 3200 | CHAPEL HILL | NC | 27599 | 561951586 | INVESTMENTS | NC | 501(C)(3) | LINE 7 | Yes (1) | UNC-CH FDN | |
| UNC INVESTMENT FUND LLC | |||||||||||
| 1400 ENVIRON WAY | CHAPEL HILL | NC | 27517 | 208346934 | INVESTMENTS | NC | 501(C)(3) | LINE 7 | Yes (1) | CHIF | |
| UNC MANAGEMENT COMPANY INC | |||||||||||
| 1400 ENVIRON WAY | CHAPEL HILL | NC | 27517 | 364516257 | INVT. MGMT. | NC | 501(C)(3) | LINE 12A, I | N/A | 0 | |
| THE KENAN-FLAGLER BUSINESS SCHOOL FDN | |||||||||||
| CAMPUS BOX 3490 MCCOLL BLDG | CHAPEL HILL | NC | 27599 | 560771850 | FIN. SUPPORT | NC | 501(C)(3) | LINE 7 | 0 | UNC-CHAPEL HILL | |
| CHAPEL HILL FDN REAL ESTATE HOLDINGS INC | |||||||||||
| CAMERON AVE 300 BLDG CB 100 | CHAPEL HILL | NC | 27599 | 262858176 | REAL ESTATE | NC | 501(C)(3) | LINE 12A, I | Yes (1) | UNC-CH FDN | |
| KFBSF INC | |||||||||||
| 205 KENAN CENTER CAMPUS BOX 3490 | CHAPEL HILL | NC | 27599 | 208071163 | SUPPORT | NC | 501(C)(3) | LINE 12A, I | 0 | THE KENAN-FLAGLER BUSINESS SCHOOL FOUNDATION | |
| READDI INC | |||||||||||
| 301 PHARMACY LANE 319 BEARD HALL | CHAPEL HILL | NC | 27516 | 883812342 | SUPPORT | NC | 501(C)(3) | LINE 7 | 0 | UNC-CHAPEL HILL | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd |
|---|---|---|---|---|---|---|---|---|
| UNC INTERMEDIATE POOL LLC | ||||||||
| 1400 ENVIRON WAY | CHAPEL HILL | NC | 27517 | 611713200 | INVESTMENTS | NC | 0 | 0 |
| CAROLINA RESEARCH VENTURE INVS | ||||||||
| 300 SOUTH BUILDING CB 1000 | CHAPEL HILL | NC | 27599 | 813676344 | INVESTMENTS | NC | 0 | 0 |
| KFBSF PRIVATE EQUITY FUND I LP | ||||||||
| 205 KENAN CENTER CAMPUS BOX 3490 | CHAPEL HILL | NC | 27599 | INVESTMENTS | NC | 0 | 0 | |
| KFBSF PRIVATE EQUITY FUND II LP | ||||||||
| 205 KENAN CENTER CAMPUS BOX 3490 | CHAPEL HILL | NC | 27599 | INVESTMENTS | NC | 0 | 0 | |
| KFBSF PRIVATE EQUITY FUND III LP | ||||||||
| 205 KENAN CENTER CAMPUS BOX 3490 | CHAPEL HILL | NC | 27599 | INVESTMENTS | NC | 0 | 0 | |
| KFBSF PRIVATE EQUITY FUND IV LP | ||||||||
| 205 KENAN CENTER CAMPUS BOX 3490 | CHAPEL HILL | NC | 27599 | INVESTMENTS | NC | 0 | 0 | |
| KFBSF REAL ESTATE FUND II LP | ||||||||
| 205 KENAN CENTER CAMPUS BOX 3490 | CHAPEL HILL | NC | 27599 | INVESTMENTS | NC | 0 | 0 | |
| KFBSF REAL ESTATE FUND III LP | ||||||||
| 205 KENAN CENTER CAMPUS BOX 3490 | CHAPEL HILL | NC | 27599 | INVESTMENTS | NC | 0 | 0 | |
| KFBSF REAL ESTATE FUND IV LP | ||||||||
| 205 KENAN CENTER CAMPUS BOX 3490 | CHAPEL HILL | NC | 27599 | INVESTMENTS | NC | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (1) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | Yes (1) | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| UNC-CH FOUNDATION INVESTMENT FUND INC | ||
| I | $6,776,581 | FMV |
| UNC-CH FOUNDATION INVESTMENT FUND INC | ||
| F | $22,679,289 | FMV |
| CHAPEL HILL FDN REAL ESTATE HOLDINGS INC | ||
| B | $8,500,000 | FMV |