2025-11-14T14:40:01-06:00 2025-06-30 135565207 KPMG LLP 500 W 5TH STREET SUITE 800 WINSTONSALEM NC 27101 990 2024-07-01 566057494 UNC HEALTH FOUNDATION INC UNCH 9199661201 123 W FRANKLIN STREET 510 CHAPEL HILL NC 27516 JON ANGIER CHIEF FINANCIAL OFFICER 9199661201 2025-11-12 1 0 ISAAC IRBY P02444754 3362753394 2025-11-12 2024 2025-03-06 01:10:19Z JON ANGIER 123 W FRANKLIN ST STE CHAPEL HILL NC 27516 83150582 0 X WWW.UNCHEALTHFOUNDATION.ORG X 1949 NC THE UNC HEALTH FOUNDATION, INC. SECURES FINANCIAL RESOURCES FOR THE UNC SCHOOL OF MEDICINE AND UNC HEALTH TO SUPPORT THE HIGHEST QUALITY CLINICAL CARE, LIFE-CHANGING RESEARCH AND INNOVATIVE EDUCATION. 35 34 0 50 0 0 55515266 60548960 0 0 6659837 10591600 759723 494535 62934826 71635095 53710361 46651704 0 0 5077024 5915446 0 0 6186926 6525037 6407740 65312422 58974890 -2377596 12660205 629790542 687650728 5838306 3822608 623952236 683828120 X AT UNC HEALTH FOUNDATION, WE INSPIRE PHILANTHROPIC SUPPORT FOR UNC HEALTH AND UNC SCHOOL OF MEDICINE THAT TRANSFORMS HEALTHCARE AND PROVIDES HOPE TO THE PEOPLE OF NORTH CAROLINA AND COMMUNITIES AROUND THE WORLD. 0 0 46651704 46651704 604899 ORIGINALLY CHARTERED IN 1949 AS THE MEDICAL FOUNDATION OF NORTH CAROLINA, INC., UNC HEALTH FOUNDATION FOSTERS PHILANTHROPIC SUPPORT OF CLINICAL CARE, RESEARCH AND EDUCATION FOR AREAS ACROSS UNC HEALTH, INCLUDING UNC LINEBERGER COMPREHENSIVE CANCER CENTER, UNC CHILDREN'S, THE UNC SCHOOL OF MEDICINE AND MANY OTHER DIVISIONS, CENTERS AND INSTITUTES.AT UNC HEALTH FOUNDATION, WE WORK DILIGENTLY FOR THE MEDICALPROFESSIONALS AND HEALTH CARE PROVIDERS WHO IMPROVE HEALTH FOR ALL. WE POWER PHILANTHROPY TO SUPPORT THE HIGHEST QUALITY CLINICAL CARE, LIFE-CHANGING RESEARCH AND INNOVATIVE EDUCATION AT HOME AND AROUND THE WORLD.IN THE PAST FISCAL YEAR, THE FOUNDATION RECEIVED MORE THAN 32,000 GIFTS FROM OVER 14,000 DONORS. CULTIVATION AND STEWARDSHIP PROGRAMS ACROSS THE FOUNDATION INCLUDE RECOGNITION SOCIETIES, DONOR WALLS, ANNUAL REPORTS AND ENDOWMENT IMPACT REPORTS. THE DEVELOPMENT STAFF PERSONALLY ENGAGED WITH DONORS THROUGH PHONE CALLS AND VISITS, ALSO CULTIVATING RELATIONSHIPS THROUGH OUTREACH PROGRAMS AND EVENTS, BOTH ON AND OFF CAMPUS.THE UNC HEALTH FOUNDATION MANAGES OVER 1,800 FUNDS, COMPRISED OF ENDOWED, RESTRICTED AND UNRESTRICTED ACCOUNTS. THESE FUNDS SUPPORT THE EXISTING AND EMERGING NEEDS OF UNC HEALTH: RESEARCH, PATIENT CARE AND FAMILY SUPPORT, AND SCHOLARSHIPS.THE PHYSICIANS, SCIENTISTS AND RESEARCHERS AT UNC HEALTH CONSTANTLY STRIVE TO DISCOVER BETTER WAYS TO CARE FOR PATIENTS THROUGH PREVENTING AND TREATING DISEASE. THE FUNDS RAISED BY UNC HEALTH ARE ESSENTIAL TO THE CONTINUED SUCCESS AND PROJECTED NEED FOR BETTER ACCESS TO CARE, BETTER TREATMENTS AND BETTER OUTCOMES. 46651704 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 1 72 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 35 34 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X JON ANGIER 9199669692 123 W FRANKLIN STREET SUITE 510 HILL NC 27516 X LESLIE H NELSON-BERNIER CHIEF PHILANTHROPY & PRES 40.00 0.00 X X 484031 0 108443 DR CAM ENARSON MBA DIRECTOR 1.00 0.00 X 0 0 0 DR FRED M DULA DIRECTOR 1.00 0.00 X 0 0 0 DR JOHN A KIRKLAND JR DIRECTOR 1.00 0.00 X 0 0 0 DR STEPHANIE DAVIS DIRECTOR 1.00 0.00 X 0 0 0 DR TERRI PHILLIPS DIRECTOR 1.00 0.00 X 0 0 0 MR BLAIR SHWEDO JR DIRECTOR 1.00 0.00 X 0 0 0 MR BOB WINSTON DIRECTOR 1.00 0.00 X 0 0 0 MR BRYAN LEWIS DIRECTOR 1.00 0.00 X 0 0 0 MR BUZZ HEIDT DIRECTOR - TREASURER 1.00 0.00 X X 0 0 0 MR DANIEL DUFFY DIRECTOR 1.00 0.00 X 0 0 0 MR E HOOPER HARDISON JR DIRECTOR 1.00 0.00 X 0 0 0 MR ED MCMAHAN DIRECTOR 1.00 0.00 X 0 0 0 MR EDWARD HOLMES DIRECTOR 1.00 0.00 X 0 0 0 MR GRAY REED DIRECTOR 1.00 0.00 X 0 0 0 MR J CARLTON SHOWALTER DIRECTOR 1.00 0.00 X 0 0 0 MR KENT INSLEY DIRECTOR 1.00 0.00 X 0 0 0 MR KYLE MACEMORE DIRECTOR 1.00 0.00 X 0 0 0 MR MICHAEL ANDREASEN DIRECTOR 1.00 0.00 X 0 0 0 MR RICHARD H MOORE DIRECTOR 1.00 0.00 X 0 0 0 MR RONALD A BATCHELOR DIRECTOR 1.00 0.00 X 0 0 0 MR SAM SIMPSON DIRECTOR 1.00 0.00 X 0 0 0 MR STEVE SKOLSKY DIRECTOR 1.00 0.00 X 0 0 0 MR VICTOR KATS DIRECTOR 1.00 0.00 X 0 0 0 MR WELFORD TABOR DIRECTOR 1.00 0.00 X 0 0 0 MR WESLEY BURKS DIRECTOR 1.00 0.00 X 0 0 0 MR WESLEY FOWLER DIRECTOR 1.00 0.00 X 0 0 0 MS BILLIE STALLINGS DIRECTOR 1.00 0.00 X 0 0 0 MS JANET HADAR DIRECTOR 1.00 0.00 X 0 0 0 MS JOYCE POPE DIRECTOR 1.00 0.00 X 0 0 0 MS KAREN ALBRITTON DIRECTOR - BOARD CHAIR 1.00 0.00 X X 0 0 0 MS MACHELLE SANDERS DIRECTOR 1.00 0.00 X 0 0 0 MS MARGARET DE ST AUBIN DIRECTOR 1.00 0.00 X 0 0 0 MS MELISSA DANIELS DIRECTOR 1.00 0.00 X 0 0 0 MS SHAWNA CANNON LEMON DIRECTOR 1.00 0.00 X 0 0 0 JON ANGIER CFO 40.00 0.00 X 236721 0 25784 MARTIN ALEXANDER BAUCOM VP, TRANSFORMATIONAL GIVING 40.00 0.00 X 277516 0 65999 KARA RAYNOR VP FOR PHILANTHROPY 40.00 0.00 X 245479 0 67738 ELIZABETH H GALL AVP FOR PHILANTHROPY 40.00 0.00 X 227643 0 40092 ALLISON SMITH EXEC DIRECTOR, DEVELOPMENT 40.00 0.00 X 218880 0 62176 JODI ROBINETTE VP, DONOR EXPERIENCE 40.00 0.00 X 205896 0 65883 1896166 0 436115 29 0 1 1 COMMUNITY COUNSELLING SERVICE CO LLC 527 MADISON AVENUE 5TH FL NEW YORK NY 10022 STRATEGIC CONSULTING 573525 1 287455 60261505 22207013 60548960 9846280 9846280 11966923 11221603 745320 745320 745320 183520 287455 293884 -110364 -110364 MISC. REVENUE 900099 604899 604899 604899 71635095 604899 0 10481236 43314233 43314233 3337471 3337471 469377 469377 4093861 2548329 1545532 536926 369469 167457 514902 343076 171826 300380 200747 99633 76527 76527 80900 80900 763912 650480 113432 851431 851431 368304 258336 109968 177840 132235 45605 622699 615963 6736 89785 10894 78891 540871 127149 413722 88049 88049 11971 11971 DEVELOPMENT ASSESSMENT 2510340 2510340 MISCELLANEOUS 225111 152758 72353 58974890 46651704 6136260 6186926 25156065 40267612 35316849 28860733 733850 542012 252636 191838 172618930 187785516 384815324 418758907 11630738 11786122 629790542 687650728 3245367 1309683 2592939 2512925 5838306 3822608 X 30876714 33407517 593075522 650420603 623952236 683828120 629790542 687650728 X 12660205 46855912 359767 X 0 1 X 1 0 X 50568460 81830451 49833230 55515266 60548960 298296367 2744476 2981232 3957352 3915998 3886023 17485081 53312936 84811683 53790582 59431264 64434983 315781448 56449838 259331610 5747147 9929579 6598633 7549515 9846280 39671154 719946 1013638 2355511 1220236 788419 6097750 361550352 0.71730 0.74610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 360170997 14053435 36136588 20046149 390314871 331185761 8057727 38273887 17346378 360170997 326660125 13589612 6825461 15889437 331185761 336785442 10834377 -8777299 12182395 326660125 247066527 12248008 87778660 10307753 336785442 0.03500 0.61229 0.35271 0 0 733850 542012 191838 191838 INVESTMENTS-UNCIF 286259028 F ALT. INVESTMENTS 57809618 F GOVERNMENT SECURITIES 48963102 F ANNUITY CONTRACTS 14590571 F COMMON STOCK 11136588 F 418758907 LIABILITIES UNDER CHARITABLE REMAINDER TRUSTS 45035 OPERATING LEASE LIABILITY 2017632 DUE TO NC HOSPITAL INITIATIVE 450258 2512925 X 123030681 46855912 3886023 359767 51101702 71928979 -293884 -293884 71635095 63154797 3886023 293884 4179907 58974890 0 58974890 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS ENDOWMENT FUNDS ARE USED FOR MEDICAL EDUCATION, FACULTY SUPPORT, PATIENT ASSISTANCE AND RESEARCH. PART X, LINE 2: FIN 48 DISCLOSURE THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), EXCEPT ON INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. AT JUNE 30, 2025 AND 2024, THE FOUNDATION HAS NOT RECORDED ANY TAX LIABILITIES. THE FOUNDATION REVIEWS ITS TAX POSITIONS ANNUALLY AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS AT JUNE 30, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 359,767. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -293,884. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 293,884. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 27645000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 1195000 0 0 0 0 0 0 28840000 0 28840000 1 0 1 1 1 0 GOLF TOURNAMENT 420000 251480 168520 237694 KID'S CAMP 50975 35975 15000 56190 470975 287455 183520 293884 293884 -110364 1 UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL 209 SOUTH RD CHAPEL HILL NC 27599 566001393 501(C)(3) 40736124 0 N/A N/A SEE PART IV UNIVERSITY OF NORTH CAROLINA HEALTH CARE SYSTEM 101 MANNING DRIVE CHAPEL HILL NC 27514 562206970 501(C)(3) 2578109 0 N/A N/A SEE PART IV 2 SCHOLARSHIPS AND AWARDS 478 3337471 N/A N/A PART I, LINE 2: MONITORING THE USE OF GRANT FUNDS MANAGEMENT AT THE UNC HEALTH FOUNDATION AND THE UNC-CH SCHOOL OF MEDICINE/UNC HOSPITALS ARE RESPONSIBLE FOR APPROVING AND MAINTAINING SUPPORTING DOCUMENTATION OF GRANT REQUESTS AND DISBURSEMENTS. SCHEDULE I, PART II, COLUMN H: PURPOSE OF GRANT OR ASSISTANCE SUPPORT EDUCATIONAL, RESEARCH AND PATIENT CARE EFFORTS OF THE UNC-CH SCHOOL OF MEDICINE AND UNC HOSPITALS. 0 0 0 0 0 0 0 0 0 LESLIE H NELSON-BERNIER CHIEF PHILANTHROPY & PRES 321276 0 162755 0 0 0 64338 0 44105 0 592474 0 0 0 MARTIN ALEXANDER BAUCOM VP, TRANSFORMATIONAL GIVING 277516 0 0 0 0 0 37345 0 28654 0 343515 0 0 0 KARA RAYNOR VP FOR PHILANTHROPY 245479 0 0 0 0 0 33989 0 33749 0 313217 0 0 0 ALLISON SMITH EXEC DIRECTOR, DEVELOPMENT 176594 0 42286 0 0 0 53416 0 8760 0 281056 0 0 0 JODI ROBINETTE VP, DONOR EXPERIENCE 205896 0 0 0 0 0 32269 0 33614 0 271779 0 0 0 ELIZABETH H GALL AVP FOR PHILANTHROPY 227643 0 0 0 0 0 25351 0 14741 0 267735 0 0 0 JON ANGIER CFO 178632 0 58089 0 0 0 15000 0 10784 0 262505 0 0 0 SCHEDULE J, PART II: UNRELATED ORGANIZATION COMPENSATION THE ORGANIZATION EMPLOYEES RECEIVE COMPENSATION AND BENEFITS FROM THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL AND UNC HEALTH, AN UNRELATED ORGANIZATION PER 990 INSTRUCTIONS. THEIR COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE PAY AND EMPLOYEE BENEFIT PRACTICES OF THE NORTH CAROLINA STATE GOVERNMENT. UNC HEALTH HR ALSO DOES AN ANNUAL MARKET SURVEY TO DETERMINE COMPENSATION. THE EXECUTIVE COMMITTEE AND FOUNDATION PRESIDENT REVIEWED IT IS AT OR BELOW THE LOCAL MARKET RATE OF OTHER COMPARABLE NON-PROFIT ORGANIZATIONS. THE FOUNDATION PROVIDED COMPENSATION INFORMATION TO THE EXECUTIVE COMMITTEE TO REVIEW FOR FY2025. COMPARATIVE BENCHMARKS WERE REVIEWED FROM THE AAMC AND UNIVERSITY OF NORTH CAROLINA THAT WERE COMPARED TO ACTUAL SALARIES PAID. IT WAS DETERMINED THAT THE SALARIES WERE IN LINE WITH THE BENCHMARKS. X 1 200000 APPRAISAL X 118085 APPRAISAL X 70 21888928 FMV 0 1 1 PART I, LINE 32B: THIRD PARTY UTILIZED THE FOUNDATION UTILIZES EXTERNAL BROKERS TO PROCESS AND SELL DONATED SECURITIES. FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990 THE FOUNDATION'S FORM 990 IS POSTED TO A SECURE PORTAL ON ITS WEBSITE AND AVAILABLE FOR REVIEW BY ALL BOARD MEMBERS FOR APPROXIMATELY FIVE BUSINESS DAYS BEFORE THE RETURN IS FILED WITH THE IRS. THE FOUNDATION'S AUDIT COMMITTEE REVIEWS THE FORM 990 WITH THE FOUNDATION'S OUTSIDE AUDITORS, AND, UPON APPROVAL BY THE AUDIT COMMITTEE, THE FINAL FORM 990 IS SUBMITTED FOR FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE FOUNDATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. ALL BOARD MEMBERS ARE REQUESTED TO COMPLETE AND SIGN A CONFLICT-OF-INTEREST POLICY FORM ON AN ANNUAL BASIS. COMPLIANCE IS MONITORED, AND THE FOUNDATION HAS POLICIES AND PROCEDURES IN PLACE TO ENSURE BOARD COMPLIANCE WITH CONFLICT-OF-INTEREST RESPONSES. FORM 990, PART VI, SECTION B, LINE 15 DETERMINING COMPENSATION EMPLOYEES OF THE UNC HEALTH FOUNDATION ARE LEASED FROM THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL AND FROM UNC HEALTH. THEIR COMPENSATION IS DETERMINED IN ACCORDANCE WITH THE PAY AND EMPLOYEE BENEFIT PRACTICES OF THE NORTH CAROLINA STATE GOVERNMENT. UNC HEALTH HR ALSO DOES AN ANNUAL MARKET SURVEY TO DETERMINE COMPENSATION. THE EXECUTIVE COMMITTEE AND FOUNDATION PRESIDENT REVIEWED THE COMPENSATION PAID TO EACH FOUNDATION EMPLOYEE AND DETERMINED THAT IT IS AT OR BELOW THE LOCAL MARKET RATE OF OTHER COMPARABLE NON-PROFIT ORGANIZATIONS. THE FOUNDATION PROVIDED COMPENSATION INFORMATION TO THE EXECUTIVE COMMITTEE TO REVIEW FOR FY25. COMPARATIVE BENCHMARKS WERE REVIEWED FROM THE AAMC AND UNIVERSITY OF NORTH CAROLINA THAT WERE COMPARED TO ACTUAL SALARIES PAID. IT WAS DETERMINED THAT THE SALARIES WERE IN LINE WITH THE BENCHMARKS. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS TO PUBLIC IT IS NOT PART OF THE UNC HEALTH FOUNDATION'S WRITTEN POLICIES TO MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A: COMPENSATION INFORMATION SALARIES, PAYROLL TAXES AND BENEFITS FOR THE UNC HEALTH FOUNDATION EMPLOYEES ARE PAID BY THE UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL (THE UNIVERSITY) AND BY UNC HEALTH. THE FOUNDATION REIMBURSES THE UNIVERSITY AND UNC HEALTH FOR A PORTION OF THESE PERSONNEL COSTS. THE REMAINDER OF SALARIES, PAYROLL TAXES AND BENEFITS ARE CONTRIBUTED SERVICES. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 359,767. GROVER C DALE MD MEDICAL RESEARCH TRUST 123 W FRANKLIN STREET SUITE CHAPEL HILL NC 27516 311474626 RESEARCH NC 501(C)(3) 12 UNC HEALTH 1 GROVER C DALE MD SCHOLARSHIP TRUST 123 W FRANKLIN STREET SUITE CHAPEL HILL NC 27516 311474625 SCHOLARSHIPS NC 501(C)(3) 12 UNC HEALTH 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NA