2025-05-06T16:36:17-05:00 2024-06-30 261678195 BURLESON & EARLEY PA 902 Sand Hill Road Asheville NC 28806 990 2023-07-01 237073829 The University of North Carolina at Asheville Foundation Inc UNIV 8282516716 One University Heights Asheville NC 28804 Mary Hall Treasurer 8282516716 2025-05-06 1 0 Robin G Earley CPA P01220854 8282512846 2025-05-06 2023 2025-03-06 01:10:19Z Mary Hall One University Heights Asheville NC 28804 9479168 0 X www.unca.edu X 1965 NC To secure, manage and distribute private support to enhance the growth and development of the University of North Carolina at Asheville. 18 18 0 0 0 0 7172189 3903070 0 0 1867335 2980763 471733 433453 9511257 7317286 4313428 8237463 0 0 0 0 0 0 410207 2885180 3166914 7198608 11404377 2312649 -4087091 62884016 61142434 5349292 4758766 57534724 56383668 The mission of the UNC Asheville Foundation, Inc. is to secure, manage, and distribute private support to enhance the growth and development of UNC Asheville. 0 0 10753330 8237463 3086811 The Foundation exists to provide support to the University of North Carolina at Asheville, a state owned four year University. In this capacity, the Foundation receives funds that are spent on behalf of the Unversity such as scholarships, faculty grants and awards, purchase of equipment and internal expense for printing, supplies, etc. 10753330 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 1 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 1 75 0 1 0 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X X X Mary Hall 8282325109 One University Heights Asheville NC 28804 X Holly Bunting Vice Chair 1.00 X X 0 0 0 Kenya Edwards Director 1.00 X 0 0 0 Cynthia Eller Director 1.00 X 0 0 0 Maryann Jones Board Chair 1.00 X X 0 0 0 Frank Moretz Director 1.00 X 0 0 0 Anthony Thomas Director 1.00 X 0 0 0 Susan Shanor Director 1.00 X 0 0 0 Ellen Carr Director 1.00 X 0 0 0 Mike Tracy Director 1.00 X 0 0 0 Marcus Dover Director 1.00 X 0 0 0 Chris Marshall Director 1.00 X 0 0 0 Greg Burnette Director 1.00 X 0 0 0 Darlene Davis Director 1.00 X 0 0 0 Patrick Blalock Director 1.00 X 0 0 0 Patrick Foo Director 1.00 X 0 0 0 Michael Raymond Director 1.00 X 0 0 0 Becky Sanft Director 1.00 X 0 0 0 Carter Webb Director 1.00 X 0 0 0 0 0 0 0 0 0 0 GeoSurfaces Southest Inc 150 River Park Rd Mooresville NC 28117 Construction Services 599427 UCS Inc PO Box 896985 Charlotte NC 28289 Construction Services 169309 Chartwells 7092 Howard St B Spartanburg SC 29303 Food Catering 157628 Heavy Content Studios Inc 912 Channelside Dr Unit 2612 Tampa FL 33602 Agency Fees 155000 Nevco Sports LLC PO Box 74758 Chicago IL 60694 installation of track & Field scoreboard 144905 6 500000 3403070 108731 3903070 362560 362560 206969 166232 40737 40737 40737 4613853 1995650 2618203 2618203 2618203 327405 0 327405 327405 Miscellaneous income 900003 65311 65311 65311 7317286 3086811 0 327405 8237463 8237463 4657 4157 500 32000 32000 97500 97500 188153 188153 1090263 827140 6000 257123 72301 69001 3300 335605 312663 22942 190626 190626 95577 95577 40499 37412 3087 Equipment, noncapitaliz 330189 319591 10598 Subscriptions 279863 173872 10080 95911 Supplies 160813 149012 48 11753 Photocopy, printing, po 76926 68271 755 7900 171942 171045 217 680 11404377 10753330 240840 410207 4486312 4168687 2377359 1946787 827520 1998052 132311 163354 3411998 1125203 6417979 2286795 5131968 5539144 42416225 44027981 1094342 1011634 62884016 61142434 379952 364285 3447188 3348342 1522152 1046139 5349292 4758766 X 3829558 2211693 53705166 54171975 57534724 56383668 62884016 61142434 X -4087091 2936036 -1 X X 0 1 X 1 0 X 4833455 6396494 5864851 7365238 4323889 28783927 4833455 6396494 5864851 7365238 4323889 28783927 2489720 26294207 419815 356343 315266 424809 486287 2002520 84578 26966 17634 216082 65311 410571 31197018 84578 0.84280 0.79410 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 97500 97500 0 Part II-B, Line 1: Retained the services of a professional lobbyist to represent the entity with the North Carolina General Assembly and with other agencies and bodies in connection with funding, budgetary considerations, appropriations, state legislative policy and/or other legislative matters affecting the entity. 47222052 340852 5375530 3780629 1308 49156497 49113095 773555 143684 2435696 372586 47222052 48749566 1866274 1648733 3149877 1601 49113095 35694425 846520 14226660 2018039 48749566 36252027 645285 847847 2050648 86 35694425 0.02170 0.53370 0.44460 1 0 719730 719730 1892136 606665 1285471 711908 506538 205370 12000 12000 0 76224 76224 2286795 Interest in UNC Investment Fund LLC 44027981 F 44027981 Present Value of Annuities Payable 412463 Construction contracts payable 35859 Operating Lease Liability 514322 Unearned Revenue 83495 1046139 X 10652220 2936036 420819 166232 3523087 7129133 188153 188153 7317286 8955800 420819 166233 587052 8368748 188153 2847476 3035629 11404377 Part V, Line 4: The income from the investments and trust is expendable for scholarship or general University support, while the principal is permanently restricted. Part X, Line 2: The Foundation believes that it has appropriate support for any tax positions taken and as such, does not have any uncertian tax positions that are material to the financial statements. Part XI, Line 2d - Other Adjustments: Rental property expenses 166,232. Part XII, Line 2d - Other Adjustments: Depreciation on rental properties 166,232. Rounding 1. Part XII, Line 4b - Other Adjustments: Track facility transfer to University 2,847,476. X X X X X X X 1 NC AK CA CO MA MD ME MI MN NH NJ NY OH OR SC UT WA Special events 327405 327405 327405 327405 327405 0 University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 0 304332 Cost Equipment To provide equipment to the University. University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 145814 0 To provide assistance to the University for Private grants University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 2590726 0 To provide general assistance to the University University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 2048704 0 To provide assistance to university for scholarships University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 0 300411 Cost Land and Building To provide assistance to the University University of North Carolina at Asheville One University Heights Asheville NC 28804 566002370 NC state Univ system 0 2847476 Cost Track improvements and equipment To provide assistance to the University X Land 1 78000 Cost X Equipment for Steam studio 1 25581 cost X Percussion Equipment 1 3000 Cost X Painting 1 1000 Cost X Flute 1 700 Cost X Camera 1 450 Cost 0 1 0 Form 990, Part VI, Section A, line 1a The Executive Committee shall meet on call by the Chair of the Board and shall have power to act for the Board in the interim between Board meetings and all such actions taken by the Executive Committee shall be reported to the Board at its next regular or special meeting. The Audit Committee shall provide oversight for all aspects of the Foundation's finances, including but not limited to monitoring the performance of the budget, reviewing the actions of the Treasurer and designees, and appointing an external auditor on an annual basis. Form 990, Part VI, Section A, line 3 The Foundation does not currently have employees. All persons providing service to the Foundation are employees of the University of North Carolina at Asheville. The value of these services is recorded as a noncash contribution. Form 990, Part VI, Section B, line 11b Form 990 is provided first to the audit committee for review. The 990 is then provided to the full Board of Directors for their review prior to a scheduled board meeting, at which any required discussions will occur and the form will be approved for filing. Form 990, Part VI, Section B, line 12c The Board of Directors overview potential conflicts of interest during regular board meetings. If conflicts are found to exist, they are resolved by the board at that time. Form 990, Part VI, Section C, line 18 Form 990 is available for public inspection on the Internal Revenue Service website. Form 990, Part VI, Section C, line 19 The entities organizational documents and documentation of exempt status are maintained at the location of the entity. They are open and available to public inspection upon request. Form 990, Part XI, line 9: Rounding -1. Part XII, Line 2c This process had not changed from prior years. UNC Asheville Baseball Stadium LLC One University Heights Asheville NC 28804 463901116 Expansion of existing baseball stadium of UNC Asheville NC 72514 153734 University of North Carolina at Asheville Foundation Inc UNC Asheville Real Estate LLC One University Heights Asheville NC 28804 464431330 Real estate management and acquisition NC 0 383237 University of North Carolina at Asheville Foundation Inc UNC Asheville Makerspace LLC One University Heights Asheville NC 28804 811589683 Operating lease of commercial building NC 98878 775043 University of North Carolina at Asheville Foundation Inc UNC Asheville Riverside Property LLC One University Heights Asheville NC 28804 820735906 Operating lease of building NC 156970 1632871 University of North Carolina at Asheville Foundation Inc