Public Charity

THE UNIVERSITY OF NORTH CAROLINA FOUNDATION INC

Based in RALEIGH, NC, THE UNIVERSITY OF NORTH CAROLINA FOUNDATION INC operates as a Public Charity. The organization reported $7.9M in revenue, $6.7M in expenses, $47.4M in total assets for fiscal year 2025. Imperigo tracks 22 reported grant relationships connected to this organization totaling approximately $11.7M.

EIN: 562180508 RALEIGH, NC Education N.E.C. NTEE: B99 Latest filing: 2025
Total Revenue$7.9M
Total Expenses$6.7M
Total Assets$47.4M
Grant Records22
Funding Total$11.7M
Filing Years2021–2025

Mission

A. 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 THROUGH MEANS SUCH AS THE ENHANCEMENT OF THE QUALITY OF SUPPORTING STAFF, SERVICES, AND FACILITIES OF THE UNIVERSITY; THE SUPPORT OF RESEARCH, SCHOLARLY, ARTISTIC, AND CREATIVE WORK OF THE UNIVERSITY; AND THE SUPPORT OF PUBLIC SERVICE ACTIVITIES OF THE UNIVERSITY.B. TO SOLICIT, ACQUIRE, RECEIVE, HOLD, INVEST, REINVEST, SELL, TRANSFER, EXCHANGE, ADMINISTER, AND MANAGE PROPERTY OF ALL KINDS FOR THE BENEFIT OF THE UNIVERSITY OF NORTH CAROLINA.C. TO DO ANY AND ALL ACTS AND THINGS THAT MAY BE DEEMED DESIRABLE OR EXPEDIENT FOR THE BENEFIT OF THE UNIVERSITY OF NORTH CAROLINA, ITS PROGRAMS, AND ITS FACULTY, STAFF, AND STUDENTS.

Where $100 goes at The University of North Carolina Foundation Inc

How The University of North Carolina Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
Raise and invest monies for the benefit of the university system and conduct or contract for research on ways for the university system to better serve the state's…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Andrea Poole
DIRECTOR Andrew T Tripp
DIRECTOR David English
EX OFFICIO DIRECTOR J Alex Mitchell
DIRECTOR Jennifer Haygood
EX OFFICIO DIRECTOR Kirk J Bradley

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$8,907,400 10 grants
Education
$2,593,076 9 grants
Human & Social Services
$155,000 1 grant
Unspecified
$30,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7.9M $6.7M $47.4M
2024 $17.1M $5.2M $48.5M
2023 $5.8M $4.5M $40.4M
2022 $736K $1.5M $7.7M
2021 $2.6M $712K $9.4M

Between 2021 and 2025, reported annual revenue grew from $2.6M to $7.9M (+205%), with total assets most recently reported at $47.4M.

Interactive year-over-year charts and full filing details available with membership.

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